$590,000
For Sale

615 W Pine Street

Lantana, FL 33462
Browse 5 photos
Type:Purchase
Structure:House
Zone:Residential

Description

Rare opportunity to build a fourplex in this area, plans are already approved by the city, demolition permit is already in process, This listing is for build 4 units and 10 parking spaces. Unlock a lucrative investment opportunity with our premier property featuring fully entitled plans approved Fourplex, minimizing delays and reducing holding costs. Positioned in a thriving neighborhood, this investment promises a compelling return. Seize the advantage of strategic location, entitlements, and a robust return. High appreciation area due to new commercial and residential construction on Lantana Rd. Unique floor plan design of the units for the possibility of short and seasonal rentals.

  • Property Details
      • Lot Features1/4 to 1/2 Acre
      • Lot Description1/4 to 1/2 Acre
  • Construction Details
      • Property TypePurchase
  • Community and Neighborhood Details
      • SubdivisionLANTANA AMNDED PLAT IN
    • Location
      • ZoningR15—MULTI-FAMIL
      • CountyPalm Beach
  • Financial Details
      • Original List Price$590,000
      • Taxes Annual$5,929
  • Other
      • MLS #RX-11025277

Location

Steven GrossmanCompass
$
years

Down Payment

$
%
10.0%

Interest Rate

%
6.0%

Tax Rate

%
2.6%
$
$
annually
$
monthly

Note: The results shown are estimates only and do not include all factors. Speak with a licensed agent or loan provider for exact details. This tool is sourced from CloseHack.

Estimated Monthly Payment
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Loan Amount
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