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Listed price in listed location currency (USD).
$399,700

020

MLS® R11148464

  • Key Facts
  • Description
  • Map

Key Facts

Type Duplex
Levels Residential Income
Size 944 sqft
Garage No
Taxes $8,337
Days Active 51
Lot Size 0.23 acres
Approx. Age 1955
Avg. Price Per Sqft $423
MLS® Number R11148464

Property Address: 7871 Terrace Rd, Lantana, FL, 33462-6145

Average square foot calculated using Size range provided by listing agent.

Description

This partially renovated duplex presents a compelling investment opportunity with immediate rental income and long-term development potential. Constructed of durable CBS, the property features a newer roof installed in 2024 and is zoned multi-family medium density, allowing for up to five units. What appears to be a vacant lot next door is actually part of the property, offering additional land for future expansion or redevelopment. One unit has been moderately renovated with updates that include laminate flooring and appliances. The second unit has been fully renovated and professionally staged. It features updated kitchen cabinetry with a snack bar and is currently operating as a successful short-term rental, creating an attractive opportunity for diversified income streams. The property is equipped with two separate electric meters and one water meter, supporting ease of management for multiple units. With its combination of current cash flow, recent improvements, flexible zoning, and additional land, this duplex is well-suited for investors seeking both immediate returns and future development upside in a highly visible area close to beaches, PBIA and extensive dining and entertainment opportunities within minutes.
MLS® NumberR11148464
Laundry Level
Central VacNo
FireplaceNo
Acreage0.23
Exterior
GarageNo
Approx. Age1955
Basement
Driveway
Garage Spaces
Heat
A/C
Heating Fuel

Extras

Price History

-End Date
Not Sold YetSold Price

For Sale

Dec 17, 2025List Date
$399,700List Price
  • Commute

Commute

Starting Address
Destination Address
7871 Terrace Rd, Lantana, FL

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