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Property profile & analytics
OFF-MARKET
Investment properties

822 Dixie Hwy 16 Lantana, FL 33462-1803

1,598 SF 7 ac lot Built 2005
Entity Owned 5-yr Hold ~ Est. High Equity
Property ID
US18-1973511
Property summary
AI-generated overview

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

Property profile
Verified
Property type Investment properties
Use group OFFICE/RESIDENTIAL (MIXED USE)
Year built 2005
Construction CONCRETE BLOCKS
Total area 1,598 SF
Lot 7 ac (304,920 SF)
APN 40-43-44-34-37-000-0160
UPID US18-1973511
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
Current use
Occupant on record · Public records
  • Isalis (Bike/Boat/Book/etc) Store
  • Party City Party Supply Store (Bike/Boat/Book/etc) Store
  • Skunk Funk Big Box & Wholesale Store
  • Carl's Trading Co Hat Shop
  • Bushka's Kitchen LLC (Bike/Boat/Book/etc) Store
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
by Request
Owner & transaction history
10 Casper Partners LLC · 5 yrs held
10 Casper Partners LLC
since 2021
Last sale
$388,000
7 recorded transactions
2021
$388,000
2016
$290,000
2013
$120,000
2009
Price N/A
2006
$475,000
2005
$394,650
1969
Price N/A
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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