517 Greynolds Circle, Lantana, FL 33462
Status: Active
1956
YEAR BUILT
$1,985,000
LISTING PRICE
MultiFamily (5+ Units)
TYPE
MLS#: RX-11045444
Type of Building: Free Standing and Resident. Multi-Fam.
For More Information Call:
561-283-4663
Two great adjacent properties on separate parcels. Both properties are a 4 Plex therefore the combined has 8 rental units with a Gross Profit of $161,580.00 per yr., stable cash flow! Currently all units have Tenants. Very close to the Lantana Beach on A1A. Lantana Beach is sandwiched between Manalapan and Palm Beach. Great location for restaurants and shopping as well. A once under-the radar town is a ''hidden gem''. Please drive by only and DO NOT disturb the Tenants.All measurements are approximate.

This listing is courtesy of Ocean East Properties. Real Estate and Luxury homes in Boca Raton, Delray Beach, Deerfield Beach, Juno Beach, 0 Lake Worth, Palm Beach Gardens, West Palm Beach and surrounding areas in Palm Beach County and South Florida. Property Listing Data contained within this site is the property of Brevard MLS and is provided for consumers looking to purchase real estate. Any other use is prohibited. We are not responsible for errors and omissions on this web site. All information contained herein should be deemed reliable but not guaranteed, all representations are approximate, and individual verification is recommended.

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- Acres0.90 acres
- Available DocumentsDeed Restrictions and Previous Title
- Available InformationCopies of Lease and Photos
- Building Info: Number of Tenants8
- CityLantana
- ConstructionBlock, CBS and Concrete
- CoolingCentral Individual, Electric and Wall-Win A/C
- CountyPalm Beach
- DirectionsI-95 to Hypoluxo (Exit 60), East to Federal Hwy, North on Federal, Left on S Broadway, Right on Greynolds. Both 517 & 513 are side on the Right. Please drive by only and DO NOT disturb Tenant!
- Fire ProtectionSmoke Detector
- FlooringCeramic Tile, Terrazzo Floor and Tile
- For LeaseNo
- For SaleYes
- HeatingCentral Individual, Electric and Window/Wall
- LeaseAnnual and Month to Month
- Legal DescriptionUNIT 1 GREYNOLDS HIGHLANDS LTS 33~ 34~ W 1/2 OF LT 35~ E 10 FT OF ABND 20 FT ALLEY LYG W OF & ADJ TO & S 10 FT OF ABND
- List Price$1,985,000
- List Price/SqFt$295.08 / sqft
- Listing DateMonday, December 16th, 2024
- Listing IDRX-11045444
- Listing Price$1,985,000
- Listing StatusActive
- LocationBeach Area and Investment
- Monetary Info: Gross Operating Income$169,580
- Monetary Info: Net Operating Income$135,634.01
- Monetary Info: Total Expenses$33,945.99
- Number of Stories1
- Number of Toilets8
- Percent Air Conditioned100%
- PossessionAt Closing
- Property Description8 Income Units Total
- Property TypeCommercial
- Real Estate Taxes$10,207.10
- RoofComp Shingle
- Sale IncludesBuilding and Land
- SecurityNone
- Special InformationPresently Leased and Title Insurance
- SqFt SourceOther
- State/ProvinceFL
- StatusActive
- Status Change DateMonday, December 16th, 2024
- Street NameGreynolds
- SubdivisionGreynolds Highlands Unit 1
- Tax Year2024
- Tenant PaysCable and Electric
- Terms ConsideredCash and Conventional
- Total Building SqFt6,727 sqft
- Total Units in Building8
- TypeMultiFamily (5+ Units)
- Type of BuildingFree Standing and Resident. Multi-Fam.
- UtilitiesCable, Electric, Public Sewer and Public Water
- Virtual TourYes
- WaterfrontNo
- Waterfront DetailsNone
- Year Built1956
- Zip Code33462
- ZoningR15(ci