723 N 7th Street, Lantana, FL 33462
Two 3-bedroom, 2-bath units with dedicated laundry and driveway parking offer flexible income or owner-occupant living.
- Added:
- Apr 23, 2026
- Days on Market:
- 62
- Last Refresh:
- Jun 20 at 8:04 am
Property Features for 723 N 7th Street
General Information
- Standard status
- Active
- Size
- 3,232 SF
- Property subtype
- Multifamily
Building Details
- Year Built
- 1966
Listing agent Adam Curtis License #3283597
Listing office LoKation (954) 336-9974
Listing date Apr 23, 2026
Source Crexi
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
HighLights
- 1966‑built duplex with two separate units
- Each unit has 3 bedrooms and 2 full bathrooms
- Dedicated laundry rooms for each unit
- Driveway parking available for tenants/residents
- Layout includes generous living areas and ample natural light in both units
Overview
Located at 723 N 7th Street in Lantana, Florida, the property is positioned near shopping and dining, with access to major roadways. The public remarks also note that the beach is minutes away, supporting a lifestyle-oriented setting for tenants or owner occupants.
For investors, the duplex format creates two independent living spaces that can support dual rental streams. For an owner-occupant, the layout provides the option to live in one unit while renting the other, supported by the separate unit design. With its combination of two functional 3-bedroom residences, dedicated laundry, and driveway parking, this property is well suited to buyers seeking straightforward residential income or flexible multi-generational living.
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 | $81.4k | $25.20 |
| − Vacancy | −$4.5k | −$1.39 |
| EGI | $77.0k | $23.81 |
| − OpEx | −$23.1k | −$7.14 |
| NOI | $53.9k | $16.67 |
Alternative Uses
Current Use by Public Records
Location Insight
- Map
- Local Demand
- City
- Lantana
- County
- Palm Beach
- State
- Florida
- Longitude
- -80.0574058
- Latitude
- 26.5901362
