808 Coast Ave Lantana, FL 33462-4542
Property Lookup
Property profile & analytics
808 Coast Ave Lantana, FL 33462-4542
- Retail space
- 2,000 SF
- 0.44 lot acres
Property ID
US18-2233390
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.
Location Intelligence
Current Use by Public Records
- Retail space
Property Details for 808 Coast Ave
- Year built
- 1977
- Construction
- WOOD
- Lot size
- 0.44 lot acres
- Property size
- 2,000 SF
- Zone code
- C1
- Property type
- Retail space
- APN
- 40-43-45-03-15-013-0030
- APU
- 40434503150130030
Description
This exceptional Lantana, FL commercial property presents a lucrative investment opportunity. Located on a 0.43-acre lot at 808 E Coast Avenue, Unit 808-878, this two-story building boasts seven commercial suites, each with a half-bathroom. Two suites measure 500 square feet each, currently leased at $760 and $800 per month (with one lease expiring). A renovated 1000-square-foot, two-bedroom, two-bathroom apartment generates $1750 monthly income (month-to-month lease). A single-story building adds further income potential with three 600-square-foot bays (leased at $3000/month with a 1-3 month leaseback), one 720-square-foot bay (leased at $1000/month with a 1-3 month leaseback), and one 480-square-foot bay currently leased at $800 (with one lease expiring). The owner currently occupies four suites, generating $4000 in monthly income. The property is zoned for general commercial use, offering significant flexibility for future development. Potential uses include a motel, residential units, expanded retail space, or restaurants, in addition to continuing existing leases. The property is prominently situated along the railroad and US 1, providing excellent signage opportunities. The seller is motivated and will consider a contract for deed with 35% down, 10% interest, and a 3-year term. This is a rare chance to acquire a well-established, income-producing property with substantial upside potential.
Value Estimations
based on Realmo’s proprietary methodology
-
AI approach
- Method
- Estimation
- Statistic approach
- $1,090,000
- ML approach
- $1,090,000
-
Comparable approach
- Method
- Estimation
- Statistic Estimate
- $1,303,000
Market price range: $445k - $1.30M -
Alternative Use
- Use
- Estimation
- RETAIL STORES
- $795,000 Current use
- COMMERCIAL (GENERAL)
- $1,545,000 Change: +94% Conversion: Easy
- AUTO REPAIR, GARAGE
- $990,000 Change: +24% Conversion: Difficult
- OFFICE BUILDING
- $795,000 Change: -1% Conversion: Easy
- NEIGHBORHOOD: SHOPPING CENTER
- $790,000 Change: -1% Conversion: Moderate
- MEDICAL BUILDING
- $790,000 Change: -1% Conversion: Difficult
Get a detailed, property-specific estimation — fast and free
Location Insight
- Map
- Local Demand
- City
- Lantana
- County
- Palm Beach
- State
- Florida
- Longitude
- -80.0539
- Latitude
- 26.5779
- 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
$16,000
$335,898
$439,301
$775,199
-
$335,898
$439,301
$775,199
