611 Broadway Lantana, FL 33462
- Small apartment buildings
Current Use by Public Records
- Small apartment buildings
Property Details for 611 Broadway
- Year built
- 1950
- Property type
- Small apartment buildings
Description
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.
Value Estimation
-
CAP approach
-
Comparable approach
-
Alternative Use
Location Insight
- Map
- Local Demand
- City
- Lantana
- County
- Palm Beach
- State
- Florida
- Longitude
- -80.0565755
- Latitude
- 26.5891063