South Florida
Tropical Terrace, 7880 Terrace Rd Rd, Lantana, FL 33462
399,999(-15.5% )
Details
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Status:
Size: 2,259 SqFt (210 m2)
Price: $150/SqFt ($1,611/m2)
Type: Multi Family
Built: 1954
HOA: N/A
MLS Number: R10828317
On Site: 1078 Days
Updated: 5 Days ago
Page Views: 0
First time on the market!! This income producing property has been in the family since day 1. Main house consists of 4 bedrooms 2 bath with an enormous master suite. One of the bedrooms is currently being utilized as a beauty salon for their in home business. Brand new roof in 2021. Massive deck behind the property great for entertaining and bbqs. There is also a detached building behind the home that is currently being used as a storage and laundry room that has full power and can easily be turned into an efficiency with the right vision! Now to the detached guest house....guest house is a 1 bedroom 1 bath living room and kitchen with a large attached screened patio. Property is situated on 2 lots and back yard is fully fenced. The opportunities are endless.
Features
Bedrooms
Bathrooms
Exterior and Lot Features
- Exterior Features: Deck
Interior, Heating and Cooling
- Heating Description: Central
- Cooling Description: CentralAir, CeilingFans
Building and Construction
- Floor Description: Tile
- Year Built: 1954
- Year Built Description: Resale
Waterfront and Water Access
- Waterfront Frontage: No info
School Information
Other Property Info
- Listing Date: 2022-08-30T11:06:34.000-00:00
Taxes, Fees & More
- Taxes: 1110
- Total Units in Building: 2
Price History
03/15/2023
Date
Sold
Event
$338K
Price
-15.5%
Change Rate
$150 ft2 / $1,611 m2
Price Per
11/07/2022
Date
Listed
Event
$400K
Price
$177 ft2 / $1,906 m2
Price Per
Price per square foot and days on website are not provided values and are calculated by Subdivisions.
Listed by Michael Knapp • Arena and Company • Buyer Agency Compensation .
Instant Comps
$100/ft²
$100/ft²
$300/ft²
$500/ft²
Unit 7880 Terrace Rd Rd – Asking
$150/ft²
(-57%) from Closed Medium $/ft²
Closed Medium $/ft²
$347/ft²
Community $/Price Range (Closed) $347/ft² – $347/ft²
No Comparable Units Found: We couldn't locate comparable properties at this time. Contact us for a FREE, no-obligation Comparative Market Analysis (CMA) from a licensed RE advisor.
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