822 Dixie Hwy 16 Lantana, FL 33462-1803
This 1,015-square-foot mixed-use commercial condo is ideally situated on Dixie Highway/US1 in Lantana, Florida, offering exceptional street visibility. Located on the ground floor of the Moorings at Lantana, this property boasts a prime location with ample customer parking. The interior features a reception area, open workspace, private meeting room, corner office, and a break room with storage. Previously used as a beauty salon, the unit has capped water lines easily reconnected if needed. Built in 2005 with renovations in 2010, this single-story space is zoned MW—MIXED USE WATERFRONT, allowing for versatile uses. The property is corporate-owned and currently has two tenants with leases commencing September 1, 2024, and expiring March 1, 2025. The asking price is $599,000. Ownership includes access to the community's impressive amenities: two pools, two spas, a gym, business center, sauna, and clubhouse. Water, sewer, exterior insurance, and common area maintenance are included in the dues. A new HVAC system was installed in 2021. The property's APN is 40-43-44-34-37-000-0110. This offering is for the real estate only
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Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendProperty tax & assessments
Tax year 2023Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Property description
Physical attributes from public recordsZoning & alternative use
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.