808 E Coast Avenue 808-878
Lantana, Florida

MLS#: RX-10934622

$1,700,000 USD

  • Total rooms
    9
  • Minimum sellable space
    468m²  (5,040ft²)
The details

Property features

Construction details

  • Year built: 1977
  • Roofing: Mansard Metal Flat Tile

Other features

  • Cooling system: Electric
  • Heating system: Wall Or Window Units Heat Pump/Reverse Cycle

Area

  • Property size: 468m²  (5,040ft²)
  • Land/Lot size: 1,740m²  (0.43ac)
  • Bathrooms: 9
  • Total rooms: 9

Description

General Commercial Zoning! DO NOT DISTURB TENANTS! MOTIVATED BRING OFFERS! Owner Retiring! Great signage location along RR and US 1. Can convert both buildings to motel, residential, retail, restaurant, continue current leases, etc. Total of 7 commercial suites each with 1/2 bathroom - Two Story building: two suites are 500 sq ft ea (leased $760 & $800 no leases in place), one 2/2 renovated apartment 1000 sq ft ($1750 month to month), Single Story Building: three bays 600 sq ft each (lease back 1-3 mos, leased for $3000/month), one bay 720 sq ft (lease back 1-3 mos, leased for $1,000/month), one bay 480 sq ft (leased $800 no lease in place). Owner occupies 4 suites at $4000/month.Will hold Contract for Deed 35% down 10% interest, 3 years.

Location

Lantana, Florida
Courtesy of Lorie Arena The Corcoran Group