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611 Broadway Lantana, FL 33462

OFF-MARKET Apartment buildings Google Maps
Built 1950
Estimated value
No estimation on file for this property yet.
Property ID US18-3519810

Property summary

AI-generated overview

This exceptional investment opportunity presents a beautifully renovated two-unit duplex located in Lantana, Florida, at 611 N Broadway, zip code 33462. Built in 1950, this two-story building offers a blend of classic charm and modern updates. The property consists of two distinct units: a cozy one-bedroom, one-bathroom unit and a more spacious two-bedroom, one-bathroom unit. Both units are currently vacant, providing immediate access for showings and maximizing potential rental income. The one-bedroom unit boasts newly installed flooring, fresh interior and exterior paint, and brand-new appliances. The larger two-bedroom unit, previously leased at $1,800 per month, also benefits from recent upgrades. The property's location in Lantana, within Palm Beach County, offers convenient access to local amenities and attractions. The asking price for this turnkey investment is $330,000. This property presents a rare opportunity for investors seeking a well-maintained, high-potential duplex in a desirable Florida location. The vacant units allow for immediate occupancy and rental income generation. Don't miss this chance to acquire a property with significant upside potential.

Property profile

Verified
Property type Apartment buildings
Year built 1950
UPID US18-3519810

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Value estimations

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Owner & transaction history

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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