NOT LISTED FOR SALE

214 Lakeview Ave Lantana, FL 33462

East Ocean Avenue Neighborhood

Estimated Value: $1,213,000 - $1,426,000

4 Beds
4 Baths
2,980 Sq Ft
$430/Sq Ft Est. Value

Last Sold August 22, 2022

Last sale price $1,190,000 $399 Per Sq Ft

Est. 9% increase in value since last sale

Current estimated payment $8,986/month

26 Days on Market

Highlights

  • Intracoastal View
  • Impact Glass
  • Ceramic Tile Flooring
  • Room in yard for a pool
  • Shed
  • Awning

About This Home

As of August 2022

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.

Last Agent to Sell the Property

Amy Fisher

Sandals Realty Group, Inc. License #694860 Listed on: 07/26/2022

Last Buyer's Agent

William Cunningham III

Coldwell Banker Realty /Delray Beach License #3369482

Coldwell Banker Realty /Delray Beach

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $7,576

Year Built

  • Built in 1950

Lot Details

  • 0.35 Acre Lot
  • Lot Dimensions are 150 x 102.50
  • Fenced
  • Sprinkler System

Property Views

  • Intracoastal
  • Garden

Home Design

  • Shingle Roof
  • Composition Roof

Interior Spaces

  • 2,980 Sq Ft Home
  • 1-Story Property
  • Ceiling Fan
  • Awning
  • Blinds
  • Ceramic Tile Flooring
  • Impact Glass

Outdoor Features

  • Room in yard for a pool
  • Shed

Utilities

  • Central Heating and Cooling System
  • Cable TV Available

Listing and Financial Details

  • Assessor Parcel Number 40434434070020110

Community Details

Overview

  • 4 Units
  • Lakeview Manors In Subdivision

Building Details

  • Operating Expense $17,734
  • Net Operating Income $50,066

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$7,576

Year Built

Built in 1950

Lot Details

0

Listing Details

  • Prop. Type: Residential Income
  • Directions: Lantana Road to Dixie Highway-left on Dixie3 blocks north-right on Lakeview Avenue214 Lakeview Avenue is 200' west of the Intracoastal Waterway on the right
  • Year Built: 1950
  • Unit Levels: One
  • Building Stories: 1
  • Year Built Details: Resale
  • Special Features: VirtualTour
  • Property Sub Type: MultiFamily
  • Stories: 1

Interior Features

  • Flooring: Ceramic Tile
  • Living Area: 2980.0
  • Window Features: Blinds, Impact Glass

Exterior Features

  • Exterior Features: Fence, Room For Pool, Shed, Awning(s)
  • View: Garden, Intercoastal
  • Lot Features: Sprinklers Automatic
  • Pool Features: None
  • Waterfront: No
  • Disclosures: Owner Is Listing Agent, Pet on Property
  • Construction Type: Block
  • Other Structures: Shed(s)
  • Property Condition: Resale
  • Roof: Composition, Shingle, Wood Trusses

Garage/Parking

  • Garage Yn: No

Utilities

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

Condo/Co-op/Association

  • Community Features: Non-Gated
  • Senior Community: No
  • Association Fee Frequency: Monthly

Lot Info

  • Parcel #: 40434434070020110
  • Lot Size: 150 X 102.50
  • Lot Size Sq Ft: 15375.0
  • Zoning Description: R15(ci
  • ResoLotSizeUnits: SquareFeet

Rental Info

  • Tenant Pays: Exterior Electric

Multi Family

  • Property Net Operating Income: 50066.0
  • Number Of Units Total: 4
  • Annual Operating Expense: 17734.0

Tax Info

  • Tax Year: 2021
  • Tax Annual Amount: 7576.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 26, 2022
Closed on
Aug 22, 2022
Sold by
Husted and Amy
Bought by
214 Lakeview Ave Llc
Seller's Agent
Amy Fisher
Sandals Realty Group, Inc.
Buyer's Agent
William Cunningham III
Coldwell Banker Realty /Delray Beach
List Price
$1,250,000
Sold Price
$1,190,000
Premium/Discount to List
-$60,000
-4.8%
Current Estimated Value
$1,293,200

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$103,200
Avg. Annual Appreciation
1.53%

Purchase Details

Closed on
Oct 31, 2007
Sold by
Stauffer Herbert J
Bought by
Stauffer Herbert J

Purchase Details

Closed on
Jul 25, 2003
Sold by
Stauffer Joan and Stauffer Herbert J
Bought by
Stauffer Herbert J

Purchase Details

Closed on
Jun 27, 2003
Sold by
Haseley John J and Haseley Jean B
Bought by
Haseley John J

Purchase Details

Closed on
Mar 19, 1997
Sold by
Haseley Jean B
Bought by
Haseley John J

Purchase Details

Closed on
Mar 13, 1997
Sold by
Stauffer Joan M
Bought by
Stauffer Herbert J
Source: Public Records

Range of Values:

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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
214 Lakeview Ave Llc $1,190,000 --
Stauffer Herbert J -- None Available
Parks Susan -- None Available
Stauffer Herbert J -- --
Haseley John J -- --
Haseley John J $100 --
Stauffer Herbert J $100 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open 214 Lakeview Ave Llc $700,000
Previous Owner Husted Jon $120,000
Previous Owner Husted Jon $120,000
Previous Owner Husted Jon $250,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/22/2022 08/22/22 Sold $1,190,000 -4.8% $399 / Sq Ft
07/26/2022 07/26/22 For Sale $1,250,000 -- $419 / Sq Ft
Source: BeachesMLS

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 $22,112 $1,030,308 -- --
2023 $22,177 $1,042,734 $389,550 $653,184
2022 $9,263 $315,206 $0 $0
2021 $7,576 $286,551 $100,556 $185,995
2020 $8,341 $386,425 $168,000 $218,425
Source: Public Records

Agents Affiliated with this Home

  • A

    Seller's Agent in 2022

    Amy Fisher

    Sandals Realty Group, Inc.

    (561) 789-8515

    1 in this area

    5 Total Sales

    Section Image
  • William Cunningham III

    Buyer's Agent in 2022

    William Cunningham III

    Coldwell Banker Realty /Delray Beach

    (631) 275-7382

    1 in this area

    66 Total Sales

    Section Image

  • E

    Buyer Co-Listing Agent in 2022

    Elyse Duff

    Coldwell Banker Realty /Delray Beach

    (561) 819-6958

    1 in this area

    77 Total Sales

    Section Image
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Map

Source: BeachesMLS

MLS Number: R10819806

BeachesMLS

APN: 40-43-44-34-07-002-0110

Florida Palm Beach County Lantana 33462 East Ocean Avenue

214 Lakeview Ave, Lantana, FL

This home is located at 214 Lakeview Ave, Lantana, FL 33462 since 26 July 2022 and is currently estimated at $1,281,708, approximately $430 per square foot. This property was built in 1950. 214 Lakeview Ave 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.

BeachesMLS 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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