$499,900
 $2,684 est/mo Sourced by Back At You

612 W Drew Street,Lantana, FL 33462

Lantana, FL 33462

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Description

Unique investment opportunity in the growing coastal community of Lantana. Located just minutes from the beach and major resorts, with convenient access to both West Palm Beach and Boca Raton, this duplex offers two 1-bedroom, 1-bathroom units and excellent flexibility for investors or owner-occupants. Walking distance to the new Lantana Village redevelopment site with future shops, dining, and entertainment. One unit is currently occupied by a long-term tenant, while the second offers the potential for short or long-term rental use, allowing the property to accommodate a variety of investment strategies. Property improvements include a newer roof, impact windows and doors, updated kitchen areas, newer A/C and water heater, and a new washer and dryer.The property also features ample parking with space for 4 vehicles and sits on an oversized lot, offering potential for future expansion or redevelopment, subject to applicable zoning and municipal approvals.Whether you're looking to add an income-producing property to your portfolio, explore a 1031 exchange, or occupy one unit as your primary residence while generating rental income from the other, this property offers a great combination of location, flexibility, and long-term potential.

Details

MLS #A12079900
Listing TypeFor Sale
StyleDuplex
Sub-TypeResale
StatusActive
Year1957
Days On Site75
Listing Provided ByCompass Florida LLC | Anthony Martinez

Features

SQ Feet800
Story(s)1
Units2
ZoningR15 (cit

Exterior

Lot FeaturesFruit Trees

Taxes

Tax Annual Amount5296

Area Information

StateFL
CountyPalm Beach
CityLantana
Zip Code33462
Area5640
SubareaPB16
Community NameGREYNOLDS HIGHLANDS
Listing VS Median (in GREYNOLDS HIGHLANDS)
Price:
$499,900
low | high
Med:
$469,975
55.986197239448% of Average
sqft:
800
low | high
Med:
795
50.625% of Average
$ / sqft:
$625
low | high
Med:
$591
55.39491546108% of Average
On site:
75
low | high
Med:
871
8.610792192882% of Average
Sourced by Back At You

Market Activity 33462

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Learn More About This Property

StateFL
CountyPalm Beach
CityLantana
Zip Code33462
Area5640
SubareaPB16
Community NameGREYNOLDS HIGHLANDS
Listing VS Median (in GREYNOLDS HIGHLANDS)
Price:
$499,900
low | high
Med:
$469,975
55.986197239448% of Average
sqft:
800
low | high
Med:
795
50.625% of Average
$ / sqft:
$625
low | high
Med:
$591
55.39491546108% of Average
On site:
75
low | high
Med:
871
8.610792192882% of Average
Sourced by Back At You
Nearby Listings (Within 1/10 mile)
Price: $374K - $624K
sqft: 600 - 1,000
Nearby Listings Property ImageNearby Listings Details
811 S Broadway Property Photo 1
$469,975
811 S Broadway
Lantana, FL 33462
Listing Updated: November 11, 2026 at 8:58:01 PM PST