808 E Coast Avenue 808-878
Lantana, Florida 33462, United States

MLS#: RX-10934622

$1,700,000 USD

Total rooms
9
Minimum sellable space
5,040ft²
The details

Property features

Date Updated: Aug 20, 2024

Construction details

Year built
1977
Roofing
Mansard
metal
flat tile

Area

Property size
5,040ft²
Land/Lot size
18,731ft² (0.43ac)
Bathrooms
9
Total rooms
9
Cooling system
Electric
Heating system
Wall or Window Units
Heat Pump/Reverse Cycle

Description

General Commercial Zoning! DO NOT DISTURB TENANTS! MOTIVATED BRING OFFERS! Owner Retiring! Great signage location along RR and US 1. Can convert both buildings to motel, residential, retail, restaurant, continue current leases, etc. Total of 7 commercial suites each with 1/2 bathroom - Two Story building: two suites are 500 sq ft ea (leased $760 & $800 no leases in place), one 2/2 renovated apartment 1000 sq ft ($1750 month to month), Single Story Building: three bays 600 sq ft each (lease back 1-3 mos, leased for $3000/month), one bay 720 sq ft (lease back 1-3 mos, leased for $1,000/month), one bay 480 sq ft (leased $800 no lease in place). Owner occupies 4 suites at $4000/month.Will hold Contract for Deed 35% down 10% interest, 3 years.

Location

808 E Coast Avenue 808-878, Lantana, Florida 33462, United States
map image
Courtesy of Lorie Arena The Corcoran Group