All Listings, $900,000 - $1,000,000 Real Estate For Sale in Lantana, FL

Established income producing property in the heart of lantana! This unique property is currently configured as one expansive living space, having originally consisted of 3 separate units. The layout offers potential for future conversion back to a triplex subject to applicable approvals. Currently leased this property provides an opportunity for investors seeking an established rental property with long term income in place. Additional highlights include a full house generator, conveniently located near downtown lantana, shopping, dining, beaches and major roadways. *** also available for purchase *** neighboring 804 s broadway offering the opportunity to acquire two adjacent income-producing properties.

Approx 4000 sq ft, under one roof one-of-a-kind air-conditioned 8-10 car garage with office spaces & no hoa! Lantana property w/ multiple income opportunities, w/ an exceptional combo of living, rental, garage storage/ flex space, this property is ideal for an investor, multigenerational household, car collector or buyer who simply needs storage. The 3-bed, 2-bath main house rented for $3, 000/month & features an updated primary bath, in-unit laundry with attached 1car garage.A separate-entry efficiency/guest suite has been rented for $1, 200/month, includes a kitchenette and full bath—providing $4, 200/month in combined rental income based on stated rents. The approximately 1, 500 sf air-conditioned 8-10 car garage, offering exceptional space for car collection/workshop/home business/storage. Adjoining the garage is a large private office/flex area, additional second office/flex room and full bath, plus substantial attic storage. The expansive garage, office and flex spaces may also provide additional income-producing potential, giving an investor even more ways to maximize this truly unique property, subject to applicable zoning, licensing and use requirements. Outside, enjoy abundant parking, a newer rear privacy fence, fresh sod and irrigation. Additional features include hurricane shutters, underground power lines and reinforced construction with rebar in the stucco walls of the efficiency and garage additions. The main residence was built in 1968, with additions completed in 1986. Seller states all additions are permitted and has original blueprints and survey available upon request. Conveniently located near i-95, shopping, dining and approximately 5 minutes to the beaches, 2 blocks from holy spirit catholic & lantana middle school. With no hoa, established rental income, additional income potential, multiple living/flex areas and extraordinary garage space, this property presents a rare opportunity for both an owner-user and investor. Any home-based business, rental or other income-producing use is subject to applicable town of lantana zoning, licensing and approval requirements.