NOT LISTED FOR SALE

720 S Broadway Lantana, FL 33462

Lantana Pines Neighborhood
-- Bed
-- Bath
2,988 Sq Ft
6,970 Sq Ft Lot

Last Sold April 05, 2019

Last sale price $500,000 $167 Per Sq Ft

56 Days on Market

Highlights

  • Water Views
  • Ceramic Tile Flooring
  • No Heating
  • Cooling System Mounted To A Wall/Window
  • Fenced

About This Home

As of April 2019

This is a multifamily 5 unit building. A mix of 5 units total. 4/ 1/1's units and 1/ 2/1 unit. Onsite coin laundry. Current cap rate 8%. Potential to make capital improvements on the non renovated units and increase rental rate upside to market rent of $1050+for 1/1's and $1300 + 2/1.

Last Agent to Sell the Property

Max Prestianni

Towne & Country Real Estate, LLC License #3033361 Listed on: 01/08/2019

Last Buyer's Agent

David Stein

Johnston Group Real Estate Services LLC License #3428367

Johnston Group Real Estate Services LLC

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $5,862

Year Built

  • Built in 1965

Lot Details

  • Fenced

Home Design

  • Frame Construction
  • Shingle Roof
  • Composition Roof

Interior Spaces

  • 2,988 Sq Ft Home
  • 1-Story Property
  • Blinds
  • Ceramic Tile Flooring
  • Water Views

Utilities

  • Cooling System Mounted To A Wall/Window
  • No Heating
  • Cable TV Available

Listing and Financial Details

  • Assessor Parcel Number 40434503150150400

Community Details

Overview

  • Association fees include sewer, trash, water
  • 4 Units
  • Greynolds Highlands Subdivision

Building Details

  • Operating Expense $12,162
  • Net Operating Income $43,390

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$5,862

Year Built

Built in 1965

Lot Details

0

Listing Details

  • Prop. Type: Residential Income
  • Directions: From Hypoluxo Road go East to Broadway Head North to property. From Lantana Road go East to Broadway head south to property.
  • Year Built: 1965
  • 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: 2988.0
  • Window Features: Blinds

Exterior Features

  • Exterior Features: Fence
  • View: Other, Water
  • Pool Features: None
  • Waterfront: No
  • Construction Type: Frame, Stucco
  • Property Condition: Resale
  • Roof: Composition, Shingle

Garage/Parking

  • Garage Yn: No

Utilities

  • Cooling: Wall/Window Unit(s)
  • Cooling Y N: Yes
  • Heating: None
  • Heating Yn: No
  • Sewer: Public Sewer
  • Utilities: Cable Available, Electricity Available, Sewer Available, Water Available
  • Water Source: Public

Condo/Co-op/Association

  • Senior Community: No
  • Association Fee Frequency: Monthly

Fee Information

  • Association Fee Includes: Sewer, Trash, Water

Lot Info

  • Parcel #: 40434503150150400
  • Zoning Description: R15

Rental Info

  • Tenant Pays: Exterior Electric

Multi Family

  • Property Net Operating Income: 43390.0
  • Number Of Units Total: 4
  • Annual Operating Expense: 12162.0

Tax Info

  • Tax Year: 2018
  • Tax Annual Amount: 5862.0

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

Property History

Date Event Price Change Sq Ft Price
04/05/2019 04/05/19 Sold $500,000 -4.8% $167 / Sq Ft
03/06/2019 03/06/19 Pending -- -- --
01/08/2019 01/08/19 For Sale $525,000 -- $176 / Sq Ft
Source: BeachesMLS

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

  • Max Prestianni

    Seller's Agent in 2019

    Max Prestianni

    Towne & Country Real Estate, LLC

    (561) 504-8280

    6 Total Sales

    Max Prestianni
    Section Image
  • David Stein

    Buyer's Agent in 2019

    David Stein

    Johnston Group Real Estate Services LLC

    (561) 517-2540

    13 Total Sales

    David Stein
    Section Image
See All Agents

Map

Source: BeachesMLS

MLS Number: R10493314

BeachesMLS

APN: 40-43-45-03-15-015-0400

Florida Palm Beach County Lantana 33462 Lantana Pines

720 S Broadway, Lantana, FL

This home is located at 720 S Broadway, Lantana, FL 33462 since 08 January 2019. This property was built in 1965. 720 S Broadway 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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