306 Moorings Dr Lantana, FL 33462
- Commercial real estate
Current Use by Public Records
- Commercial real estate
Property Details for 306 Moorings Dr
- Property type
- Commercial real estate
- APN
- 40-43-44-34-35-003-0020
Description
This exceptional 12,000 sq ft waterfront property in Lantana, Florida, is offered at $1,750,000. Zoned for restaurant/bar use, it features 50 parking spaces and 2+ boat slips with rights to lease additional slips. The site boasts direct Intracoastal access and is ideally suited for a variety of hospitality ventures, offering breathtaking waterfront views. Approved for 1,500 sq ft of enclosed space and 4,000 sq ft under roof, this property presents a unique opportunity for entrepreneurs. Located at the intersection of a major highway and W Lantana Rd, it benefits from high traffic counts exceeding 60,000 daily. The surrounding area boasts a strong demographic profile, with over 121,000 residents within a 3-mile radius and an average annual household income exceeding $67,200 within a 5-mile radius, projected to reach $84,300 by 2028. Seller financing is available. APN: 40-43-44-34-35-003-0020. This is a rare opportunity to own a thriving waterfront restaurant location in a high-demand area.
Value Estimation
-
CAP approach
-
Comparable approach
-
Alternative Use
Location Insight
- Map
- Local Demand
- City
- Lantana
- County
- Palm Beach
- State
- Florida
- Longitude
- -80.0516965
- Latitude
- 26.5910522
