Duplex With Private
New
For Sale
$525,000
626 Minnesota Street, Lantana, FL 33462
Residential Income, Lantana, FL
Property Size1,294 SF
Price / SF$405.72
Days on Market5
Property Features for 626 Minnesota Street
General Information
Property type
Residential Multi Family
Property subtype
Duplex
Zoning
RM15
Bedrooms
2
Full bathrooms
2
Rooms
Bathroom 1, Bedroom 1, Bathroom 2, Bedroom 2
Window features
Blinds
Patio and Porch features
Deck, Patio
Pets allowed
No, Yes
Exterior features
Storage
Fencing
Fenced
Subdivision
LANTANA AMNDED PLAT IN
Lot features
Interior Lot
Elementary school
Lantana
Middle school
Lantana Community
High school
Lake Worth
Standard status
Active
APN
40434503100070070
Size
1,294 SF
Additional Details
Individually Metered Utilities
unspecified utilities
Taxes and HOA fees
Tax Year
2026
Tax Description
AMENDED PLAT OF LANTANA LT 7 BLK 7
Tax Annual Amount
6757
Legal Description
AMENDED PLAT OF LANTANA LT 7 BLK 7
Utilities
Utilities
Cable Available
Sewer type
Public Sewer
Heating system
Central, Electric (Heating)
Cooling system
Central Air, Electric
Water source
Public
Building Details
Year built
1953
Floors in Building
1
Number of units
2
Flooring type
Laminate, Tile - Ceramic
Building materials
CBS
Roof type
Tar/Gravel
Additional Structures
Storage
Listing Agency:
Nautica Realty
(561) 734-6397
Listed By:
Diane M Balsara · License #302090
(561) 707-7927
Added: Oct 23
Changed: Oct 24
Last Checked: Oct 27 at 6:06PM
MLS# B26092085
Copyright © 2026 BeachesMLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
Ask AI about this property
Review the available facts, identify missing information and prepare questions for the agent.
Investment Insights
Based on property information with market context.
This 1,294-square-foot duplex, built in 1953, has two residences with divided entrances. Both units have mini-split systems, and recent electrical work and storm doors complement full hurricane protection. The rear residence has been remodeled and includes an additional room suitable for office use, a fenced yard, patio, and storage shed. The front unit has a covered patio. On-site parking is available.
The property is in Lantana, within biking distance of the public beach, library, parks, tennis courts, and waterfront dining. The beach, shopping, and public boat ramp are among the area amenities. The property is zoned RM15.
The property is in Lantana, within biking distance of the public beach, library, parks, tennis courts, and waterfront dining. The beach, shopping, and public boat ramp are among the area amenities. The property is zoned RM15.
Key Highlights
- Two‑unit property totaling 1,294 square feet
- Separate electrical meters and divided entrances
- Mini‑split systems in both residences
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$21,571
Cap Rate
4.11%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$431,420
$431.4K
Cap Rate 7%
$308,157
$308.2K
Cap Rate 9%
$239,678
$239.7K
Market Conditions
NOI Build-Up for 1,294 SF
Gross rent
$32.6K $25.20/SF
− Vacancy
−$1.8K −$1.39/SF
EGI
$30.8K $23.81/SF
− OpEx
−$9.2K −$7.14/SF
NOI
$21.6K $16.67/SF
Area
Palm Beach County, FL
Vacancy
5.50%
Lease Rate
$25.20 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$431,420
Cap Rate 7%
$308,157
Cap Rate 9%
$239,678
Alternative Uses
Best Use
Multifamily LT 5
$308.2K
$269.6K – $359.5K
NOI $21,571 @ 7.0% cap · market cap 4.11%
Second Best
Apartment 5plus
$284.3K
$248.8K – $331.7K
NOI $19,901 @ 7.0% cap · market cap 3.79%
Theoretical Best
Office A
$911.3K
$797.4K – $1.06M
NOI $63,792 @ 7.0% cap · market cap 12.15%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Who owns this building?
See the owner, sales and loan history
Open Analytics
Lease Details
2
Residential units
Location Intelligence
Trade Area within ½ mile
1,266
Businesses Nearby
Explore this area
Business Placement
Demographics for 33462, FL
33,982
Population
15,911
Households
2.1
Avg Household Size
43
Median Age
28%
College-Educated
84%
High-School Grad
8.6 sq mi
ZIP Area
3,951
Density / Sq Mi
$72,288
Median Household Income
$38,193
Median Earnings
$1,659
Median Rent
$323,600
Median Home Value
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics
Market
Vacancy Rate% for Multifamily in South region
Frequently Asked Questions
What type of property is this?
Duplex - Each residence has its own meter, with mini-split systems serving both units.
Where is this duplex located?
The property is located at 626 Minnesota Street Lantana, FL.
What is the asking price?
The asking price for this property is $525,000.
What are key features of this property?
This property features: Two‑unit property totaling 1,294 square feet; Separate electrical meters and divided entrances; Mini‑split systems in both residences
