Lantana, FL 33462,518 N 7th ST
Lantana, FL 33462,518 N 7th ST
Lantana, FL 33462,518 N 7th ST
Listed by Hanlon Realty Group LLC
Bought with Illustrated Properties LLC
$362,500
Est. payment /mo
$399,900
9.4%
Est.Price: ?

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5 Beds
3 Baths
2,161 SqFt
SOLD DATE : 05/18/2021

Key Details

Sold Price $362,500

Property Type Multi-Family

Sub Type Triplex

Listing Status Sold

Purchase Type For Sale

Square Footage 2,161 sqft

Price per Sqft $167

Subdivision Mantyharju Lantana

MLS Listing ID RX-10703301

Sold Date 05/18/21

Bedrooms 5

Full Baths 3

Construction Status Resale

HOA Y/N No

Abv Grd Liv Area 16

Year Built 1955

Annual Tax Amount $6,675

Tax Year 2020

Lot Size 6,563 Sqft

Property Description

Well located near major highways, businesses, and minutes to the ocean, this triplex offers a steady stream of rental income in a locale that is seeing growth and appreciation. All 3 apartments are currently rented as well as the garage. Each apartment is on it's own electric meter; there is a single water meter for the property. Features of this property include storage over the garage, double insulation and copper pipes installed between 2019 and 2021, and a paver patio in the backyard. Two tenants have responsibilities taking care of the property, which is reflected in reduced rents.

Location

State FL

County Palm Beach

Community Lantana

Area 5630

Zoning R15(ci

Interior

Heating Window/Wall

Cooling Wall-Win A/C

Flooring Other

Exterior

Exterior Feature Room for Pool

Garage Spaces 2.0

Community Features Sold As-Is

Utilities Available Cable, Electric, Public Sewer, Public Water

Amenities Available None

Waterfront Description None

Roof Type Comp Shingle

Present Use Sold As-Is

Private Pool No

Building

Lot Description West of US-1

Story 2.0

Foundation Aluminum Siding, Block, Frame

Construction Status Resale

Others

Senior Community No Hopa

Restrictions None

Acceptable Financing Cash, Conventional, FHA

Listing Terms Cash, Conventional, FHA

Financing Cash,Conventional,FHA

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