222 Ocean Ave Lantana, FL 33462-3236
Property profile & analytics
222 Ocean Ave Lantana, FL 33462-3236
- Office buildings
- 1,282 SF
- 0.21 lot acres
Property ID
US18-4893458
The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.
Location Intelligence
Current Use by Public Records
- Office buildings
Property Details for 222 Ocean Ave
- Year built
- 1959
- Construction
- WOOD
- Lot size
- 0.21 lot acres
- Property size
- 1,282 SF
- Zone code
- C1
- Property type
- Office buildings
- APN
- 40-43-45-03-14-008-0120
- APU
- 40434503140080120
Description
This exceptional 2,380-square-foot office space at 222 E Ocean Ave, Lantana, Florida, presents a unique opportunity. Located in the desirable Lantana, Lake Worth submarket of Palm Beach County, this single-tenant property boasts a charming cottage-style design. Built in 1959 and extensively renovated in 2010, the building offers a blend of classic charm and modern functionality. The two-story structure features eight private offices, each with an impressive eight-foot ceiling height. The property includes four parking spaces, a significant advantage in this location. The zoning is C1, and the APN is 40-43-45-03-14-008-0120. The entire 2,380 square feet is currently vacant, providing immediate occupancy for a new tenant. The building is conveniently located near S Lake Drive, offering easy access to local amenities and major transportation routes. This property is ideal for a business seeking a unique and well-maintained office space in a vibrant coastal community. The absence of elevators should be noted. This is a rare opportunity to acquire a fully renovated, single-tenant office building in a highly sought-after location.
Value Estimations
based on Realmo’s proprietary methodology
-
CAP approach
- CAP Return
- Estimation
- 6%
- $605,000
- 6.5%
- $560,000
- 7%
- $520,000
-
Comparable approach
- Method
- Estimation
- AI Estimate
- $593,000
Market price range: $111k - $594k -
Alternative Use
- Use
- Estimation
- OFFICE BUILDING
- $510,000 Current use
- AUTO REPAIR, GARAGE
- $635,000 Change: +25% Conversion: Difficult
- RETAIL STORES
- $510,000 Change: +1% Conversion: Moderate
- NEIGHBORHOOD: SHOPPING CENTER
- $505,000 Change: -0% Conversion: Difficult
- MEDICAL BUILDING
- $505,000 Change: -1% Conversion: Easy
- WAREHOUSE, STORAGE
- $440,000 Change: -14% Conversion: Difficult
Get a detailed, property-specific estimation — fast and free
Location Insight
- Map
- Local Demand
- City
- Lantana
- County
- Palm Beach
- State
- Florida
- Longitude
- -80.0499
- Latitude
- 26.5842
- CBSA code
- 33100
- CBSA name
- MIAMI-FORT LAUDERDALE-MIAMI BEACH, FL METROPOLITAN STATISTICAL AREA
Property Tax & Assessments
Tax date
Tax Amount
Assessed Land Value
Assessed Improvement Value
Total Assessed Value
Applied Tax Rate
Land Market Value
Improvement Market Value
Total Market Value
2023
$15,911
$336,796
$442,653
$779,449
-
$336,796
$442,653
$779,449
