Freestanding Retail
888 E Coast Avenue Lantana, FL 33462
888 E Coast Avenue, Lantana, FL, 33462
$569,000
For Sale
$569,000
SINGLE_FAMILY - Lantana, FL
Property Size1,202 SF
Lot Size0.10 Acres
Price / SF$473.38
Days on Market241
Property Features for 888 E Coast Avenue
General Information
- Property type
- Residential
- Property subtype
- Retail
- Zoning
- C1(cit
- Bathrooms
- 1
- Rooms
- Bathroom 1
- Standard status
- Active
- APN
- 40434503150130010
- Size
- 1,202 SF
- Lot size
- 0.10 Acres
Taxes and HOA fees
- Tax Year
- 2025
- Tax Description
- GREYNOLDS HIGHLANDS LTS 1 & 2 BLK 13 & ELY 40 FT ABND EAST COAST AVE R/W AS IN OR12553P326 LYG W OF & ADJ TO
- Tax Annual Amount
- 6904
Utilities
- Heating system
- Electric (Heating), Central
- Cooling system
- Electric, Central Air
Building Details
- Year built
- 1977
- Floors in Building
- 1
- Number of units
- 1
- Flooring type
- Vinyl
- Building materials
- CBS
- Roof type
- Tile, Concrete
Listing Agency
KW Reserve Palm Beach
(561) 966-4000
2041 Vista Parkway Ste. 201, West Palm Beach, FL
Listed by
Loodmy Jacques · License #3222697
(561) 678-5584
Added: Nov 19, 2025 Checked: Jul 18 at 2:06 pm
MLS# R11142257
Listing URL
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.
Investment Insights
Based on property information with market context.
Located at 888 E Coast Avenue in Lantana, this freestanding retail building offers a standalone retail configuration on a 4,582 square-foot lot. The property totals 1,202 square feet and has been freshly repainted. The site includes 10 parking spaces.
The building is positioned along busy US1 and is described as part of a high-demand commercial corridor, surrounded by national retailers as well as local shops, restaurants, hotels, and service businesses. That combination of frontage and nearby commerce supports a straightforward retail presence for an owner-operator or tenant.
C1 zoning is noted for the property, aligning with retail use within the stated zoning parameters.
The building is positioned along busy US1 and is described as part of a high-demand commercial corridor, surrounded by national retailers as well as local shops, restaurants, hotels, and service businesses. That combination of frontage and nearby commerce supports a straightforward retail presence for an owner-operator or tenant.
C1 zoning is noted for the property, aligning with retail use within the stated zoning parameters.
Key Highlights
- 1,202 SF free‑standing retail building on a 4,582 SF lot
- C‑1 zoning for the property
- 10 on‑site parking spaces
Local Financial Insights For Retail
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 | $31.7k | $26.40 |
| − Vacancy | −$2.7k | −$2.24 |
| EGI | $29.0k | $24.16 |
| − OpEx | −$8.7k | −$7.25 |
| NOI | $20.3k | $16.91 |
1,202 SF · lease $26.40/SF/yr · vacancy 8.50% · expense 30.00%
Alternative Uses
Best Use
Retail
$290.4K
$254.1K – $338.8K
NOI $20,325 @ 7.0% cap · market cap 3.57%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$846.5K
$740.7K – $987.6K
NOI $59,256 @ 7.0% cap · market cap 10.41%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Property Profile
Location Intelligence
Current Use by Public Records
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FAQs
What type of property is this?
Storefront property - Freshly repainted freestanding retail building with 10 parking spaces and C1 zoning, positioned along US1 in Lantana.
Where is this storefront property located?
The property is located at 888 E Coast Avenue Lantana, FL.
What is the asking price?
The asking price for this property is $569,000.
What are key features of this property?
This property features: 1,202 SF free‑standing retail building on a 4,582 SF lot; C‑1 zoning for the property; 10 on‑site parking spaces
