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    OFF-MARKET
    Small apartment buildings

    611 Broadway, Lantana, FL 33462

    Built 1950
    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 Small 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
    Implied cap rate, NOI & suggested price
    Cap vs submarket · NOI estimate · 3 price anchors
    Value estimations
    Realmo proprietary · 4 methods
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    Owner & transaction history
    Owner on record
    Zoning & alternative use
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
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