808 E Coast Avenue, Lantana, FL 33462

1977

YEAR BUILT

$1,700,000

LISTING PRICE

Retail

TYPE

MLS#: RX-10934622

Type of Building: Commercial, Free Standing, Hotel / Motel, Income, Office/Retail, Resident. Multi-Fam., Shopping Center and Strip Store


For More Information Call:

561-283-4663

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.


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  • Acres0.43 acres
  • Available DocumentsSurvey
  • Available InformationExisting Survey, Owner managed and Photos
  • Building Info: Door Height80ft
  • Building Info: Interior Ceiling Height9ft
  • Building Info: Miles to Beach1 miles
  • Building Info: Miles to Expressway1 miles
  • Building Info: Number of Bays7
  • Building Info: Number of Offices7
  • Building Info: Number of Tenants5
  • Built DescriptionResale
  • CeilingAcoustic and Suspended
  • CityLantana
  • ConstructionCBS, Concrete and Stucco
  • CoolingCentral Individual, Electric and Wall-Win A/C
  • CountyPalm Beach
  • DirectionsLantana (East) to Broadway (South) to Perry (East) - continue straight into parking lot
  • Expenses: Insurance$1,800
  • Expenses: Maintenance & Repair$2,500
  • Expenses: R.E. Taxes$16,000
  • Expenses: Utilities$710
  • Fire ProtectionNone
  • FlooringConcrete, Laminate and Tile
  • For LeaseNo
  • For SaleYes
  • HeatingCentral Individual, Heat Pump-Reverse and Window/Wall
  • LeaseMonth to Month
  • Legal DescriptionGREYNOLDS HIGHLANDS LTS 3 THRU 7 BLK 13 & 40 FT ABND EAST COAST AVE R/W AS IN OR12553P326 LYG W OF & ADJ TO
  • List Price$1,700,000
  • List Price/SqFt$337.30 / sqft
  • Listing DateSunday, June 2nd, 2024
  • Listing IDRX-10934622
  • Listing Price$1,700,000
  • Listing StatusActive
  • LocationCity, Investment, Other and Shopping Center
  • Miscellaneous 2Office, Private Restroom, Rear Access, Restaurant, Separate Office Area, Storage, Storm Sewers and Traffic Medium
  • Monetary Info: Gross Scheduled Income$94,200
  • Monetary Info: Total Expenses$4,800
  • Multiple Offers AcceptedYes
  • Number of Meters8
  • Number of Stories2
  • Number of Toilets9
  • Percent Air Conditioned100%
  • PossessionAt Closing
  • Property DescriptionCommercial
  • Property TypeCommercial
  • Real Estate Taxes$16,000.10
  • RoofFlat Tile, Mansard and Metal
  • Sale IncludesBuilding and Land
  • SecurityBurglar Alarm, Motion Detector, Security Sys-Owned and TV Camera
  • Special InformationCity Jurisdiction, Corporate Owned and Presently Leased
  • SqFt SourceTax Rolls
  • State/ProvinceFL
  • StatusActive
  • Status Change DateSunday, June 2nd, 2024
  • Street NameCoast
  • SubdivisionGreynolds Highlands Unit 1
  • Tax Year2023
  • Tenant PaysCable, Electric, Insurance and Water
  • Terms ConsideredCash, Conventional and Owner
  • Total Building SqFt5,040 sqft
  • Total Units in Building2
  • TypeRetail
  • Type of BuildingCommercial, Free Standing, Hotel / Motel, Income, Office/Retail, Resident. Multi-Fam., Shopping Center and Strip Store
  • Unit 1: Annual Rent$9,600
  • Unit 1: Half Baths1
  • Unit 1: Number of Units1
  • Unit 1: Rent PeriodMonth
  • Unit 1: Unit DescriptionSuites
  • Unit 2: Annual Rent$9,600
  • Unit 2: Half Baths1
  • Unit 2: Number of Units1
  • Unit 2: Rent PeriodMonth
  • Unit 2: Unit DescriptionSuites
  • Unit 3: Annual Rent$9,120
  • Unit 3: Number of Units1
  • Unit 3: Rent PeriodMonth
  • Unit 3: Unit DescriptionSuites
  • Unit 4: Annual Rent$48,000
  • Unit 4: Half Baths1
  • Unit 4: Number of Units4
  • Unit 4: Rent PeriodMonth
  • Unit 4: Unit DescriptionShops
  • Unit 5: Annual Rent$21,000
  • Unit 5: Full Baths2
  • Unit 5: Number of Units1
  • Unit 5: Rent PeriodDay
  • Unit 5: Unit Description2 Bedroom
  • Unit Number808-878
  • Utilities110, 220, Cable, Electric, Public Water and Separate Meter
  • Virtual TourYes
  • WaterfrontNo
  • Waterfront DetailsNone
  • Year Built1977
  • Zip Code33462
  • ZoningC1(cit

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