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Property profile & analytics

615 W Lantana Rd Lantana, FL 33462

  • Grocery and convenience stores
  • 408 SF
  • 0.14 lot acres
Value Estimation
Last Sale
Mar 08, 2024
$435,000
Location Intelligence
Property ID
US18-5294754
The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.

Current Use by Public Records

  • Grocery and convenience stores

Property Details for 615 W Lantana Rd

Year built
1962
Construction
WOOD
Lot size
0.14 lot acres
Property size
408 SF
Zone code
C1
Property type
Grocery and convenience stores
APN
40-43-44-34-09-003-0260
APU
40434434090030260

Description

This exceptional commercial property at 615 W Lantana Road, Lantana, Florida presents a rare investment opportunity. The 408 square foot building sits on a 0.14-acre lot and has undergone a complete remodel. A brand-new roof was installed in 2025, ensuring long-term structural integrity. The property includes a valuable walk-in cooler, a key asset for food-related businesses. Currently operating as a thriving bakery, it boasts a steady customer base and holds a beer and wine license, expanding its revenue potential. This turnkey operation is ready for immediate income generation. The versatile space is ideally suited for a variety of businesses, offering the potential to continue as a bakery, transition into a convenience store, or accommodate a completely new venture. The prime location in Lantana ensures high visibility and accessibility, attracting a consistent flow of customers. This is a unique chance to acquire a profitable, established business with significant upside potential in a desirable Florida market. The asking price is $815,000. Serious inquiries only.

Value Estimation

by Realmo proprietary methodology Last update: July 3, 2025
  • AI approach

    CAP return
    Estimation
    Estimation
    $435,000
  • CAP approach

    CAP return
    Estimation
    6%
    $415,000
    6.5%
    $440,000
    7%
    $470,000
  • Comparable approach

    Method
    Estimation
    Relative Method
    $450,000
    Geo Method
    $465,000
  • Alternative Use

    Use
    Estimation
    Distribution
    $500,000
    Retail
    $370,000
    Mixed-Use
    $405,000
    Hospitality
    $470,000
    Educational
    $420,000
    Residential Income
    $440,000
    Energy
    $485,000
    Income-Based Land
    $500,000
    Food Service
    $365,000

Location Insight

  • Map
  • Local Demand
City
Lantana
County
Palm Beach
State
Florida
Longitude
-80.057
Latitude
26.5871
CBSA code
33100
CBSA name
MIAMI-FORT LAUDERDALE-MIAMI BEACH, FL METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

Tax date
Tax Amount
Assessed Land Value
Assessed Improvement Value
Total Assessed Value
Applied Tax Rate
Land Market Value
Improvement Market Value
Total Market Value
2023
$4,646
$138,864
$73,427
$212,291
-
$138,864
$73,427
$212,291
More about this property
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