Residential Income
334 MOCKINGBIRD Lane Unit 1 Lantana, FL 33462
New
334 MOCKINGBIRD Lane Unit 1, Lantana, FL, 33462
$670,000
For Sale
$670,000
Residential income duplex offered for sale as a residential income property.
Property Size1,712 SF
Price / SF$391.36
Days on Market6
Property Features for 334 MOCKINGBIRD Lane Unit 1
General Information
- Standard status
- Active
- Size
- 1,712 SF
- Property subtype
- Duplex
Building Details
- Year Built
- 1979
Listing agency
Lokation
(786) 356-9915
Listed by
Agathe Milhomme · License #3085829
(786) 356-9915
Source
Riserealty
Added: Jul 17 Updated: Jul 21 at 10:25AM Checked: Jul 21 at 10:25AM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Lokation
Investment Insights
Based on property information with market context.
This offering is a residential income duplex, listed for sale under multifamily/residential income property types. The property includes a specified unit designation: Unit 1.
The available information does not describe additional interior features, unit configuration details, or on-site amenities beyond the duplex designation.
With the provided data limited to property type and listing basics, prospective buyers are encouraged to review the full offering details for complete layout, condition, and operating characteristics.
The available information does not describe additional interior features, unit configuration details, or on-site amenities beyond the duplex designation.
With the provided data limited to property type and listing basics, prospective buyers are encouraged to review the full offering details for complete layout, condition, and operating characteristics.
Key Highlights
- Duplex residential income property built in 1979
Local Financial Insights For Multifamily LT 5
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $43.1k | $25.20 |
| − Vacancy | −$2.4k | −$1.39 |
| EGI | $40.8k | $23.81 |
| − OpEx | −$12.2k | −$7.14 |
| NOI | $28.5k | $16.67 |
1,712 SF · lease $25.20/SF/yr · vacancy 5.50% · expense 30.00%
Alternative Uses
Best Use
Multifamily LT 5
$407.7K
$356.7K – $475.7K
NOI $28,539 @ 7.0% cap · market cap 4.26%
Second Best
Apartment 5plus
$376.1K
$329.1K – $438.8K
NOI $26,329 @ 7.0% cap · market cap 3.93%
Theoretical Best
Office A
$1.21M
$1.05M – $1.41M
NOI $84,398 @ 7.0% cap · market cap 12.60%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Location Intelligence
Current Use by Public Records
Duplexes
Similar For Sale Nearby
FAQs
What type of property is this?
Duplex - Residential income duplex offered for sale as a residential income property.
Where is this duplex located?
The property is located at 334 MOCKINGBIRD Lane Unit 1 Lantana, FL.
What is the asking price?
The asking price for this property is $670,000.
What are key features of this property?
This property features: Duplex residential income property built in 1979
