NOT LISTED FOR SALE

112 E Lantana Rd Lantana, FL 33462

East Ocean Avenue Neighborhood

Estimated Value: $5,366,720

-- Bed
1 Bath
14,153 Sq Ft
$379/Sq Ft Est. Value

Last Sold November 20, 2015

Last sale price $1,700,000 $120 Per Sq Ft

Est. 216% increase in value since last sale

Current estimated payment $34,642/month

48 Days on Market

Highlights

  • 1.43 Acre Lot
  • No HOA
  • 4-minute walk to Lyman Kayak Park
  • Corner Lot

About This Home

As of November 2015

ENTIRE CITY BLOCK at signalized corner of Lantana Road and Dixie Hwy (US1) with direct I-95 Access. 1.42 Acres with Prime C1 Zoning, Currently has three Tenants with Mo-to-Mo Leases. This property is perfect for building Multi-family, Hotel, Single User National Tenant, Strip Center, Neighborhood Retail, etc. Very HIGH Traffic Count and VISIBILITY. This property is priced to sell at $30/SF Land. TRULY A GREAT INVESTMENT WITH INCOME AND DEVELOPMENT POTENTIAL!

Last Agent to Sell the Property

Julio Ulloa

The Keyes Company License #3045193 Listed on: 09/21/2015

The Keyes Company

Last Buyer's Agent

Julio Ulloa

The Keyes Company License #3045193 Listed on: 09/21/2015

The Keyes Company

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $13,914

Lot Details

  • 1.43 Acre Lot
  • Lot Dimensions are 600x100
  • Corner Lot
  • Additional Parcels

Home Design

Location

  • City Lot

Utilities

  • Phone Connected
  • Cable TV Available

Community Details

  • No Home Owners Association
  • Lantana Point Add Condos
  • Lantana Point Add Subdivision

Listing and Financial Details

  • Assessor Parcel Number 40434503140010010

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$13,914

Lot Details

0

Listing Details

  • Property Type: Commercial Land
  • Ownership: Partnership
  • Property Sub Type: Income/MultiFamily
  • Directions: I-95 TO LANATA ROAD EXIT (EAST) TO US1 (DIXIE HWY) SOUTHEAST CORNER - ENTIRE BLOCK
  • Horses: No
  • Inclusions: None
  • Lot Size Acres: 1.43
  • Lot Size: 600x100
  • New Construction: No
  • Road Frontage Type: Interstate
  • Road Surface Type: Paved
  • Subdivision Name: LANTANA POINT ADD
  • Special Features: VirtualTour

Interior Features

  • Possible Use: Investment, Central Urban

Exterior Features

  • View: None
  • Lot Features: Central Business District, City Location, Corner Location, Corner Lot, 1-2.5 Acres
  • Pool Private: No
  • View: No
  • Waterfront: No

Garage/Parking

  • Park Building Name: LANTANA POINT ADD

Utilities

  • Sewer: Public Sanitation
  • Water Source: Municipal Water
  • Utilities: Cable Connected, Electricity Connected, Natural Gas Connected, Phone Connected, Sewer Connected, Cable Available, Electricity Available, Natural Gas Available, Phone Available, Sewer Available, Trash Removal

Condo/Co-op/Association

  • Association: No

Lot Info

  • Parcel Number: 40434503140010010
  • Additional Parcels: Yes
  • Current Use: Other Usage, Income (Other)
  • Lot Size Sq Ft: 61709
  • Zoning: C1 - COM
  • ResoLotSizeUnits: SquareFeet

Multi Family

  • Gross Scheduled Income: 151410

Tax Info

  • Tax Year: 2015
  • Tax Annual Amount: 13914

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
May 16, 2023
Sold by
John Leonard Properties Llc
Bought by
308 N Dixie Llc
Current Estimated Value
$5,366,720

Purchase Details

Closed on
May 1, 2019
Sold by
Petroleum Ventures Llc
Bought by
Lilac Llc

Purchase Details

Closed on
Dec 29, 2014
Sold by
Branch Banking & Trust Company
Bought by
G3 Investment Trust Llc

Purchase Details

Closed on
Mar 27, 2014
Sold by
Janita Ii Llc
Bought by
Branch Banking & Trust Company

Purchase Details

Closed on
Apr 7, 2006
Sold by
Ddm Real Estate Holding Co
Bought by
Jantana Ii Llc

Purchase Details

Closed on
Jun 11, 2004
Sold by
Vanhoogen Thomas N and Vanhoogen Paula A
Bought by
Ddm Real Estate Holding Co

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$730,000
Interest Rate
6.09%
Mortgage Type
Seller Take Back

Purchase Details

Closed on
Feb 26, 2003
Sold by
Alexander Lina M
Bought by
Vanhoogen Thomas N

Purchase Details

Closed on
Feb 25, 1999
Sold by
Alexander Donald L
Bought by
Alexander Lina M

Purchase Details

Closed on
Mar 23, 1998
Sold by
Deringer Thomas J and Deringer Karen
Bought by
Vanhoogen Travis

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$52,000
Interest Rate
6.99%
Mortgage Type
New Conventional
Source: Public Records

Range of Values:

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Average Value
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List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
308 N Dixie Llc $1,252,125 None Listed On Document
Lilac Llc $3,500,000 Attorney
G3 Investment Trust Llc $1,087,500 Attorney
Branch Banking & Trust Company $1,226,100 None Available
Jantana Ii Llc $1,700,000 Attorney
Ddm Real Estate Holding Co $100,000 --
Ddm Real Estate Holding Co $1,180,000 --
Vanhoogen Thomas N $90,000 First American Title Ins Co
Alexander Lina M $20,500 --
Vanhoogen Travis $65,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Jantana Ii Llc $650,000
Previous Owner Ddm Real Estate Holding Co $730,000
Previous Owner Ddm Real Estate Holding Co $100,000
Previous Owner Vanhoogen Travis $52,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/20/2015 11/20/15 Sold $1,700,000 -10.5% $120 / Sq Ft
11/02/2015 11/02/15 Pending -- -- --
09/15/2015 09/15/15 For Sale $1,900,000 -- $134 / Sq Ft
Source: MIAMI REALTORS® MLS

Tax History Compared to Growth

Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2024 $60,030 $2,845,159 -- --
2023 $59,617 $2,844,561 $1,881,461 $963,100
2022 $56,756 $2,600,992 -- --
2021 $51,403 $2,364,538 $1,536,200 $828,338
2020 $51,931 $2,373,627 $1,536,200 $837,427
2019 $32,408 $1,399,539 $593,357 $806,182
2018 $17,458 $846,629 $576,075 $270,554
2017 $14,909 $709,147 $534,796 $174,351
2016 $14,302 $672,953 $0 $0
2015 $13,978 $638,229 $0 $0
2014 $13,915 $627,710 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • J

    Seller's Agent in 2015

    Julio Ulloa

    The Keyes Company

    (305) 790-5511

    13 Total Sales

    Julio Ulloa
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Map

Source: MIAMI REALTORS® MLS

MLS Number: A2177930

MIAMI REALTORS® MLS

APN: 40-43-45-03-14-001-0010

Florida Palm Beach County Lantana 33462 East Ocean Avenue

112 E Lantana Rd, Lantana, FL

This home is located at 112 E Lantana Rd, Lantana, FL 33462 since 21 September 2015 and is currently estimated at $5,366,720, approximately $379 per square foot. 112 E Lantana Rd is a home located in Palm Beach County with nearby schools including Lantana Elementary School, Lake Worth High School, and Lantana Middle School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

MIAMI REALTORS® MLS IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.

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