NOT LISTED FOR SALE

201 E Palm St Unit 201-203-205-207 Lantana, FL 33462

East Ocean Avenue Neighborhood
-- Bed
-- Bath
3,566 Sq Ft
0.28 Acres

Last Sold February 26, 2016

Last sale price $720,000 $202 Per Sq Ft

55 Days on Market

Highlights

  • Intracoastal View
  • Patio
  • Ceramic Tile Flooring
  • Corner Lot
  • Shed
  • 2-minute walk to Lyman Kayak Park

About This Home

As of February 2016

VERY GOOD INVESTMENT, LOCATION, LOCATION, LOCATION NEVER LIES. PLEASE DO NOT DISTURB TENANTS. NEVER A VACANCY. RENT CAN BE ENCREASE IS LOW FOR THE LOCATION. 201 % 203 BUILTED IN 1997, 205 & 207 REBUILTED IN 2000.

Last Agent to Sell the Property

Cosimo Cacciola

Finchtown Realty 2000 Inc. License #3005094 Listed on: 12/02/2015

Last Buyer's Agent

Cosimo Cacciola

Finchtown Realty 2000 Inc. License #3005094 Listed on: 12/02/2015

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $5,444

Year Built

  • Built in 1949

Lot Details

  • 0.28 Acre Lot
  • Fenced
  • Corner Lot
  • Irregular Lot

Parking

  • 1 Car Garage

Home Design

  • Shingle Roof
  • Composition Roof

Interior Spaces

  • 3,566 Sq Ft Home
  • 1-Story Property
  • Ceiling Fan
  • Ceramic Tile Flooring
  • Intracoastal Views

Outdoor Features

  • Patio
  • Shed

Utilities

  • Central Heating and Cooling System
  • Cable TV Available

Listing and Financial Details

  • Total Actual Rent $55,200
  • Rent includes electricity, cable TV, water
  • Assessor Parcel Number 40434503140060061

Community Details

Overview

  • 4 Units
  • Lantana Point Subdivision

Building Details

  • Operating Expense $10,000
  • Net Operating Income $45,200

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$5,444

Year Built

Built in 1949

Lot Details

0

Parking

1

Listing Details

  • Prop. Type: Residential Income
  • Directions: Lantana Rd.East,South at Dixie to 1st st left E Palm St
  • Year Built: 1949
  • Unit Levels: One
  • Building Stories: 1
  • Year Built Details: Resale
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 1

Interior Features

  • Flooring: Ceramic Tile
  • Living Area: 3566.0

Exterior Features

  • Exterior Features: Fence, Patio, Shed
  • View: Intercoastal, Water
  • Lot Features: Corner Lot, Irregular Lot, < 1/4 Acre
  • Pool Features: None
  • View: Yes
  • Waterfront: No
  • Disclosures: Owner Is Listing Agent
  • Construction Type: Block
  • Other Structures: Shed(s)
  • Patio And Porch Features: Patio
  • Property Condition: Resale
  • Roof: Composition, Shingle

Garage/Parking

  • Covered Parking Spaces: 1.0
  • Garage Spaces: 1.0
  • Garage Yn: Yes

Utilities

  • Cooling: Central Air, Ceiling Fan(s)
  • Cooling Y N: Yes
  • Heating: Central, Electric
  • Heating Yn: Yes
  • Sewer: Public Sewer
  • Utilities: Cable Available, Electricity Available, Sewer Available, Water Available
  • Water Source: Public

Condo/Co-op/Association

  • HOA Rent Includes: Electricity, Cable TV, Water
  • Senior Community: No

Lot Info

  • Parcel #: 40434503140060061
  • Lot Size Sq Ft: 12098.0
  • Zoning Description: R15
  • ResoLotSizeUnits: SquareFeet

Rental Info

  • Tenant Pays: Exterior Electric, Water

Multi Family

  • Property Net Operating Income: 45200.0
  • Number Of Units Total: 4
  • Annual Operating Expense: 10000.0
  • Total Actual Rent: 55200.0

Tax Info

  • Tax Year: 2015
  • Tax Annual Amount: 5444.0

Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/26/2016 02/26/16 Sold $720,000 -9.4% $202 / Sq Ft
01/27/2016 01/27/16 Pending -- -- --
12/02/2015 12/02/15 For Sale $795,000 -- $223 / Sq Ft
Source: BeachesMLS

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

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Map

Source: BeachesMLS

MLS Number: R10188805

BeachesMLS