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    OFF-MARKET Estimated value $565,000
    Retail space

    608 Dixie Hwy, Lantana, FL 33462-1801

    2,464 SF 0.06 ac lot Built 1956
    Entity Owned Free & Clear
    Property ID
    US18-4378222
    Property summary
    AI-generated overview

    This 2,464 square foot industrial property located at 608 N Dixie Hwy, Lantana, FL, sits on a 0.07-acre lot and is offered at $750,000. The building presents a unique opportunity for owner-occupancy or investment. The upper level features a completely remodeled apartment, suitable for use as office space or residential living. The ground level offers two separate garage spaces with ample capacity for 4-5 vehicles. Beyond the interior garages, the property includes additional covered parking in the rear for two more vehicles, and further uncovered parking is available at the front of the building. Currently vacant, this versatile property allows for diverse usage scenarios. An owner-user could occupy one section, such as the remodeled apartment, while generating income by leasing the garage spaces or the entire building. Alternatively, the entire space could be utilized to meet a single business's needs. The property's combination of residential-style space and substantial garage capacity makes it a rare find in the Lantana market. This is an exceptional opportunity for a buyer seeking a flexible and valuable industrial property.

    Property profile
    Verified
    Property type Retail space
    Use group RETAIL STORES (PERSONAL SERVICES)
    Year built 1956
    Construction WOOD
    Total area 2,464 SF
    Lot 0.06 ac (2,831 SF)
    Zoning code C1
    APN 40-43-44-34-07-002-0260
    UPID US18-4378222
    Cap rate & NOI
    Priority signal for investors
    Implied cap rate, NOI & suggested price
    Cap rate vs submarket · NOI estimate · 3 price anchors
    Implied cap rate, NOI & suggested price
    Cap vs submarket · NOI estimate · 3 price anchors
    Value estimations
    Realmo proprietary · 4 methods
    AI Approach AI
    by Request
    CAP Approach CAP
    $640k
    Comparable Approach Comparable
    $485k
    Blend (final) Blend
    $565k
    Owner & transaction history
    Chewum INC
    Chewum INC
    since 2025
    Last sale
    $570,000
    7 recorded transactions
    2025
    $570,000
    2022
    2022
    $1.4M
    2018
    2016
    $210,000
    2015
    $115,000
    2000
    $80,000
    Zoning & alternative use
    C1 · Lantana, FL
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
    Top alternative use upside
    Neighborhood: shopping center $895,000 +17.4%
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