517 Greynolds Cir Lantana, FL 33462
This exceptional investment opportunity presents two adjacent four-plex properties situated on separate 0.46-acre parcels in desirable Lantana, Florida. The combined property boasts eight rental units, generating a substantial annual gross profit of $161,580. Currently, all units are occupied by tenants, providing immediate and stable cash flow. The property's enviable location places it in close proximity to the beautiful Lantana Beach, nestled between Manalapan and Palm Beach. This prime location offers easy access to a vibrant array of restaurants and shopping options. Lantana, once a hidden gem, is experiencing increased recognition and growth, making this a particularly attractive investment. The combined property offers a significant return on investment with its strong rental income and strategic location. All measurements are approximate. Please respect the privacy of the tenants and refrain from disturbing them. Drive-by viewing only. This is a rare opportunity to acquire a multifamily property with proven profitability in a highly sought-after coastal location. The property's strong performance and prime location make it an ideal addition to any investment portfolio. Serious inquiries only.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Property description
Physical attributes from public recordsZoning & alternative use
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.