Tropical Terrace, 7880 Griswold St

Beds
0.29
Acre
$560,345
$/Acre
Sold - Mar 06, 2024
Entry-Level Land
Welcome to a prime real estate opportunity in the heart of desirable east Lantana! This vacant lot, spanning almost 1/3 of an acre, is strategically located just east of I-95 and west of US Highway 1, offering unparalleled convenience and access. Zoned for Residential Multi-family use, this property presents a fabulous opportunity for both homeowners and investors alike. complete with the privacy and tranquility that only a substantial lot can offer. For those with an entrepreneurial spirit, this property is an ideal canvas for a multi-family investment project. Potential to split the lot and build 2 houses. There was a previous dwelling on the property so some impact fees have been paid and utilities hooked up which provide a nice savings to the builder/investor. With its coveted zoning designation, you have the potential to create a lucrative income property that caters to the growing demand for multi-family housing in the area. Location is key, and this lot excels in that department. Situated in the thriving community of east Lantana, residents will enjoy easy access to major transportation arteries, making commuting a breeze. The proximity to both I-95 and US Highway 1 ensures that you're never far from the vibrant attractions, shopping, dining, and entertainment options that the area has to offer. Don't miss out on this exceptional opportunity to secure your own slice of prime real estate in one of Lantana's most sought-after neighborhoods. Whether you're envisioning the perfect family home or a strategic investment property, this vacant lot provides the foundation for your aspirations. Act now and turn your dreams into reality!
MLS Number: R10936702
On Site: 1041 Days
Updated: 101 Days ago
Page Views: 0

Features

All features
  • Current Use: MultiFamily, SingleFamily
  • Approx SqFt Total Area: 12506
  • Property SqFt: 12506
  • Remarks: Welcome to a prime real estate opportunity in the heart of desirable east Lantana! This vacant lot, spanning almost 1/3 of an acre, is strategically located just east of I-95 and west of US Highway 1, offering unparalleled convenience and access. Zoned for Residential Multi-family use, this property presents a fabulous opportunity for both homeowners and investors alike. complete with the privacy and tranquility that only a substantial lot can offer. For those with an entrepreneurial spirit, this property is an ideal canvas for a multi-family investment project. Potential to split the lot and build 2 houses. There was a previous dwelling on the property so some impact fees have been paid and utilities hooked up which provide a nice savings to the builder/investor. With its coveted zoning designation, you have the potential to create a lucrative income property that caters to the growing demand for multi-family housing in the area. Location is key, and this lot excels in that department. Situated in the thriving community of east Lantana, residents will enjoy easy access to major transportation arteries, making commuting a breeze. The proximity to both I-95 and US Highway 1 ensures that you're never far from the vibrant attractions, shopping, dining, and entertainment options that the area has to offer. Don't miss out on this exceptional opportunity to secure your own slice of prime real estate in one of Lantana's most sought-after neighborhoods. Whether you're envisioning the perfect family home or a strategic investment property, this vacant lot provides the foundation for your aspirations. Act now and turn your dreams into reality!
  • Internet Remarks: Welcome to a prime real estate opportunity in the heart of desirable east Lantana! This vacant lot, spanning almost 1/3 of an acre, is strategically located just east of I-95 and west of US Highway 1, offering unparalleled convenience and access. Zoned for Residential Multi-family use, this property presents a fabulous opportunity for both homeowners and investors alike. complete with the privacy and tranquility that only a substantial lot can offer. For those with an entrepreneurial spirit, this property is an ideal canvas for a multi-family investment project. Potential to split the lot and build 2 houses. There was a previous dwelling on the property so some impact fees have been paid and utilities hooked up which provide a nice savings to the builder/investor. With its coveted zoning designation, you have the potential to create a lucrative income property that caters to the growing demand for multi-family housing in the area. Location is key, and this lot excels in that department. Situated in the thriving community of east Lantana, residents will enjoy easy access to major transportation arteries, making commuting a breeze. The proximity to both I-95 and US Highway 1 ensures that you're never far from the vibrant attractions, shopping, dining, and entertainment options that the area has to offer. Don't miss out on this exceptional opportunity to secure your own slice of prime real estate in one of Lantana's most sought-after neighborhoods. Whether you're envisioning the perfect family home or a strategic investment property, this vacant lot provides the foundation for your aspirations. Act now and turn your dreams into reality!
  • Waterfront: No info
  • Directions: West
  • Days on Market: 83
  • Closing Date: 2024-03-06
  • Office Name: Elevate Realty LLC
  • Taxes: 4096.38
  • Tax Year: 2022
  • Listing Date: 2023-11-16T17:56:19.000-00:00
  • Lot Size Square Feet: 12506

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Price History

Current
$163K
High
$190K
Low
$163K
Total Change
-14.4%
$193K$176K$159KNov 23Nov 23Dec 23Dec 23Dec 23Jan 24Jan 24Mar 24
Date
Event
Price
Change
Price Per
03/06/2024
Sold
$163K
-1.52%
$13 ft2
$140 m2
01/23/2024
Price Reduced
$165K
-1.79%
$13 ft2
$142 m2
01/11/2024
Price Reduced
$168K
-1.18%
$13 ft2
$145 m2
12/27/2023
Price Reduced
$170K
-2.86%
$14 ft2
$146 m2
12/20/2023
Price Reduced
$175K
-2.72%
$14 ft2
$151 m2
12/12/2023
Price Reduced
$180K
-2.74%
$14 ft2
$155 m2
11/21/2023
Price Reduced
$185K
-2.6%
$15 ft2
$159 m2
11/16/2023
Listed
$190K
 
$15 ft2
$163 m2
03/06/2024
$163K
Event
Sold
Change
-1.52%
Price Per
$13 ft2
$140 m2
01/23/2024
$165K
Event
Price Reduced
Change
-1.79%
Price Per
$13 ft2
$142 m2
01/11/2024
$168K
Event
Price Reduced
Change
-1.18%
Price Per
$13 ft2
$145 m2
12/27/2023
$170K
Event
Price Reduced
Change
-2.86%
Price Per
$14 ft2
$146 m2
12/20/2023
$175K
Event
Price Reduced
Change
-2.72%
Price Per
$14 ft2
$151 m2
12/12/2023
$180K
Event
Price Reduced
Change
-2.74%
Price Per
$14 ft2
$155 m2
11/21/2023
$185K
Event
Price Reduced
Change
-2.6%
Price Per
$15 ft2
$159 m2
11/16/2023
$190K
Event
Listed
Price Per
$15 ft2
$163 m2
Price per square foot and days on website are not provided values and are calculated by Subdivisions.
Listed by Laura AutenElevate Realty LLC • Buyer Agency Compensation .

Transit & Commute from Tropical Terrace

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31
Traffic score
Congested area. Frequent traffic delays
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Scores

Walk Score®
Car-Dependent. Most errands require a car
42

100
Bike Score®
Bikeable. Some bike infrastructure
50

100
Sound Score®
Bearable noise
76

100
Airport Score
Close to airports. Noticeable airport activity
0

100
Traffic Score
Congested area. Frequent traffic delays
31

100
Local Score
Limited local amenities nearby
1

100
Community Snapshot
4 – 4 BR
Bedrooms
$155K – $750K
Price Tier
544 - 4,376
SqFt Range
1958
Year Build
1
Total Floors

Subdivision Amenities

None

Lake Worth
Entry-Level
Entry-Level Homes & Condos