NOT LISTED FOR SALE

518 N 7th St Lantana, FL 33462

Lantana Area

Estimated Value: $459,536 - $516,000

5 Beds
3 Baths
2,161 Sq Ft
$223/Sq Ft Est. Value

Sale Details

Date Sold: January 2, 2024

Last sale price $450,000 $208 Per Sq Ft

Est. 7% increase in value since last sale

Current estimated payment $3,263 / mo

26 Days on Market

Highlights

  • City View
  • Outdoor Living Area
  • Cooling System Mounted To A Wall/Window
  • Wood Flooring
  • No HOA
  • Open Patio

About This Home

As of January 2024

Calling all Investors- (cash only sale), here is your opportunity to acquire a multifamily for almost land value. Three units in the main structure : 2/1 in the front, 1/1 in the rear and 1/1 on the second level. The detached garage can host two vehicles, with additional parking in front and to the side of the garage. Sellers are in the process of starting renovations to the units. As work progresses, the list price will increase. The property features endless possibilities to renovate to your portfolio needs. Non-conforming triplex-buyers do your due diligence.

Last Agent to Sell the Property

Jonathan Huffer

Redfin Corporation License #3275469 Listed on: 11/24/2023

Co-Listed By

Elena Fleck

Redfin Corporation License #3103286

Last Buyer's Agent

Laurie Barfield

The Keyes Company - Stuart License #3229951

The Keyes Company - Stuart

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $8,535

Year Built

  • Built in 1955

Lot Details

  • 6,563 Sq Ft Lot
  • Paved or Partially Paved Lot

Home Design

  • Triplex
  • Frame Construction
  • Composition Roof
  • Wood Siding

Interior Spaces

  • 3 Bathrooms
  • 2,161 Sq Ft Home
  • 2-Story Property
  • Ceiling Fan
  • Wood Flooring
  • City Views

Outdoor Features

  • Open Patio
  • Outdoor Living Area

Utilities

  • Cooling System Mounted To A Wall/Window
  • Wall Furnace
  • Three-Phase Power
  • Cable TV Available

Community Details

  • No Home Owners Association
  • Association fees include water
  • 4 Units
  • Mantyharju Lantana Subdivision

Listing and Financial Details

  • Tenant pays for electricity
  • Assessor Parcel Number 40434434090030370

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$8,535

Year Built

Built in 1955

Lot Details

6,563 Sq Ft Lot

Listing Details

  • Prop. Type: Residential Income
  • Property Sub Type: Triplex
  • Property Sub Type Additional: Triplex
  • Year Built: 1955
  • Unit Levels: Two
  • New Construction: No
  • Building Stories: 2
  • DelayedMarketingYN: No
  • Special Features: VirtualTour
  • Stories: 2

Interior Features

  • Flooring: Wood
  • Living Area: 2161.0

Exterior Features

  • Exterior Features: Outdoor Living Area
  • View: City
  • Lot Features: < 1/4 Acre
  • Pool Private: No
  • Road Surface Type: Paved
  • View: Yes
  • Waterfront Features: None
  • Waterfront: No
  • Construction Type: Block, Frame, Wood Siding
  • Patio And Porch Features: Open
  • Property Condition: Resale
  • Roof: Composition

Utilities

  • Cooling: Ceiling Fan(s), Wall/Window Unit(s)
  • Cooling Y N: Yes
  • Heating: Electric, Wall Furnace
  • Heating Yn: Yes
  • Electric: 3 Phase
  • Sewer: Public Sewer
  • Utilities: Cable Available, Sewer Available, Water Available
  • Water Source: Multiple Meters, Public

Condo/Co-op/Association

  • Community Features: Sidewalks
  • Senior Community: No
  • Amenities: None
  • Association: No

Fee Information

  • Association Fee Includes: Water

Lot Info

  • Parcel #: 40434434090030370
  • Lot Size Acres: 0.15
  • Lot Size Sq Ft: 6534.0
  • Mobile Dim Units: Feet
  • Zoning: R15(ci

Rental Info

  • Tenant Pays: Electricity

Tax Info

  • Tax Year: 2022
  • Tax Annual Amount: 8534.82

Multi Family

  • Number Of Units In Community: 4

Ownership History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Name Owned For Owner Type

Purchase Details

Closed on
Jan 24, 2025
Sold by
Bought by
Current Estimated Value
$481,179

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$420,000
Interest Rate
0.113%
Mortgage Type
New Conventional

Purchase Details

Listed on
Nov 24, 2023
Closed on
Jan 31, 2024
Sold by
Bought by
Seller's Agent
Jonathan Huffer
Redfin Corporation
Buyer's Agent
Laurie Barfield
The Keyes Company - Stuart
List Price
$550,000
Sold Price
$450,000
Premium/Discount to List
-$100,000
-18.18%
Views
83

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
2.64%
Original Mortgage
$420,000
Interest Rate
0.0722%
Mortgage Type
New Conventional

Purchase Details

Listed on
Nov 24, 2023
Closed on
Jan 2, 2024
Sold by
Bought by
Seller's Agent
Jonathan Huffer
Redfin Corporation
Buyer's Agent
Laurie Barfield
The Keyes Company - Stuart
List Price
$550,000
Sold Price
$450,000
Premium/Discount to List
-$100,000
-18.18%
Views
83

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$420,000
Interest Rate
0.0722%
Mortgage Type
New Conventional

Purchase Details

Listed on
Jul 14, 2022
Closed on
Sep 30, 2022
Sold by
Bought by
Seller's Agent
Steven Modica
Real Estate Home Sales Inc
Buyer's Agent
Jonathan Huffer
Redfin Corporation
List Price
$524,900
Sold Price
$469,999
Premium/Discount to List
-$54,901
-10.46%
Views
49

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
-3.39%

Purchase Details

Listed on
Jul 14, 2022
Closed on
Sep 28, 2022
Sold by
Bought by
Seller's Agent
Steven Modica
Real Estate Home Sales Inc
Buyer's Agent
Jonathan Huffer
Redfin Corporation
List Price
$524,900
Sold Price
$469,999
Premium/Discount to List
-$54,901
-10.46%
Views
49

Purchase Details

Listed on
Mar 28, 2021
Closed on
May 14, 2021
Sold by
Bought by
Seller's Agent
Sherri Hanlon
Hanlon Realty Group LLC
Buyer's Agent
Lorin Romeo Romay
Hanlon Realty Group LLC
List Price
$399,900
Sold Price
$362,500
Premium/Discount to List
-$37,400
-9.35%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
20.87%

Purchase Details

Closed on
Aug 5, 2019
Sold by
Bought by

Purchase Details

Closed on
May 9, 2006
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$43,500
Interest Rate
0.0604%
Mortgage Type
Stand Alone Second
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
Not Available
List Price
Sold Price
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Purchase History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Buyer Sale Price Title Company
-- None Listed On Document
-- None Listed On Document
$450,000 Title Now
$469,999 None Listed On Document
-- None Listed On Document
$362,500 Attorney
$260,000 Attorney
$290,000 Universal Land Title Inc
Source: Public Records

Mortgage History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Status Borrower Loan Amount
Open $453,000
Closed $420,000
Previous Owner $420,000
Previous Owner $43,500
Previous Owner $217,500
Previous Owner $100,000
Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft Prior Sale
01/02/2024 01/02/24 Sold $450,000 -15.9% $208 / Sq Ft
11/17/2023 11/17/23 Price Changed $534,999 -2.7% $248 / Sq Ft
11/02/2023 11/02/23 For Sale $550,000 0.0% $255 / Sq Ft
09/20/2023 09/20/23 Pending -- -- --
08/24/2023 08/24/23 For Sale $550,000 +17.0% $255 / Sq Ft
09/30/2022 09/30/22 Sold $469,999 -6.0% $162 / Sq Ft View Prior Sale
09/12/2022 09/12/22 Pending -- -- --
08/22/2022 08/22/22 Price Changed $499,900 -4.8% $173 / Sq Ft
07/14/2022 07/14/22 For Sale $524,900 +44.8% $181 / Sq Ft
05/18/2021 05/18/21 Sold $362,500 -9.4% $168 / Sq Ft View Prior Sale
04/18/2021 04/18/21 Pending -- -- --
03/27/2021 03/27/21 For Sale $399,900 -- $185 / Sq Ft
Source: BeachesMLS (Greater Fort Lauderdale)

Tax History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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
2025 $8,516 $396,074
2024 $8,516 $343,094
2023 $7,414 $311,904 $159,426 $152,478
2022 $8,535 $355,583 $0 $0
2021 $6,118 $236,382 $90,000 $146,382
2020 $6,675 $263,067 $103,500 $159,567
2019 $5,507 $238,070 $81,000 $157,070
2018 $5,076 $231,847 $88,320 $143,527
2017 $4,705 $234,103 $76,800 $157,303
2016 $4,318 $140,328 $0 $0
2015 $3,847 $127,571 $0 $0
2014 $3,811 $115,974 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • E

    Seller Co-Listing Agent in 2024

    Elena Fleck

    Redfin Corporation

    Elena Fleck
    Section Image

  • L

    Buyer's Agent in 2024

    Laurie Barfield

    The Keyes Company - Stuart

    Section Image

  • S

    Seller's Agent in 2022

    Steven Modica

    Real Estate Home Sales Inc

    (954) 270-7770

    233 Total Sales

    Steven Modica
    Section Image
  • Sherri Hanlon

    Seller's Agent in 2021

    Sherri Hanlon

    Hanlon Realty Group LLC

    (561) 889-2984

    55 Total Sales

    Sherri Hanlon
    Section Image
  • Lorin Romeo Romay

    Seller Co-Listing Agent in 2021

    Lorin Romeo Romay

    Hanlon Realty Group LLC

    (609) 577-8223

    5 Total Sales

    Lorin Romeo Romay
    Section Image
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Map

Source: BeachesMLS (Greater Fort Lauderdale)

MLS Number: R10914234

BeachesMLS (Greater Fort Lauderdale)

APN: 40-43-44-34-09-003-0370

Florida Palm Beach County Lantana 33462

518 N 7th St, Lantana, FL

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 (Greater Fort Lauderdale) All listings featuring the BMLS logo are provided by Beaches MLS, Inc. This information is not verified for authenticity or accuracy and is not guaranteed. Copyright 2026 Beaches Multiple Listing Service, Inc. Information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.

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