Multifamily in Lantana, FL 33462

Lakeview Manors, 214 Lakeview Ave

Talk about a great location!! Completely renovated in 2019 and a new roof in 2022. This turn key CBS fourplex is 200' from the Intracoastal Waterway on a triple lot! There are tremendous value add opportunities with this property. Upgrades include impact windows and doors, updated electric and plumbing, LED lighting, central a/c, wood look ceramic tile throughout. There is a rear courtyard. There is also a large shed (with electric and a/c) that could be rented out to tenants for add income. All units have individual laundry facilities. Current rents are WELL BELOW MARKET and 3 of 4 are mtm (lease ends 9/22). Market rents are $1,950 for large 1/1 (with waterviews), $1,800 for 1/1's and $2,400 for the 2/2 (with waterviews). Would make an ideal air bnb or furnished/seasonal rental.