$1,700,000
$1,900,000
10.5%For more information regarding the value of a property, please contact us for a free consultation.
112 E LANTANA RD Lantana, FL 33462
14,153 SqFt
Key Details
Sold Price $1,700,000
Property Type Multi-Family
Sub Type Multi Family
Listing Status Sold
Purchase Type For Sale
Square Footage 14,153 sqft
Price per Sqft $120
MLS Listing ID A2177872
Sold Date 11/20/15
Construction Status Resale
HOA Y/N No
Year Built 1947
Annual Tax Amount $13,914
Lot Size 1.420 Acres
Acres 1.42
Lot Dimensions 600
Property Description
Entire City Block on US1 and Lantana Road, includes three folios, including NE Corner Parking Lot, Total Land 1.43 Acres Zoned C1 - Commercial Liberal, Three Tenants with MO-MO Leases which are under market rates, Solid Cash Flow Investment with potential for National Tenant Development, Priced at Aprox. 8.4% CAP RATE, Hurry won't last long.
Location
State FL
County Palm Beach County
Area 4350
Direction I-95 TO LANATA ROAD EXIT (EAST) TO US1 (FEDERAL HWY) SOUTHEAST CORNER - ENTIRE BLOCK
Interior
Cooling Central Air
Flooring Concrete, Other
Exterior
Waterfront No
Roof Type Other
Parking Type Common
Total Parking Spaces 50
Building
Story 1
Sewer Public Sewer
Water Public
Level or Stories One
Structure Type Block,Other
Construction Status Resale
Others
Tax ID 40434503140010010
Acceptable Financing Cash
Listing Terms Cash
Financing Cash
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Bought with The Keyes Company