$1,700,000
For Sale

808 E Coast Avenue #808-878

Lantana, FL 33462
5040 sqft | #RX-10934622
Type:Purchase
Structure:Retail
Zone:Commercial

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.

  • Interior Details
      • CoolingCentral Individual, Electric
  • Property Details
      • Square Feet5040
  • Construction Details
      • Property TypePurchase
    • Condition
      • Year Built1977
    • Material information
      • RoofMansard, Flat Tile
  • Community and Neighborhood Details
      • SubdivisionGREYNOLDS HIGHLANDS UNIT 1
    • Location
      • CountyPalm Beach
      • ZoningC1(cit
  • Financial Details
      • Original List Price$2,250,000
      • Taxes Annual$16,000
  • Other
      • MLS #RX-10934622

Location

Mike MehdipourThe Mehdipour Group
$
years

Down Payment

$
%
10.0%

Interest Rate

%
6.0%

Tax Rate

%
2.6%
$
$
annually
$
monthly

Note: The results shown are estimates only and do not include all factors. Speak with a licensed agent or loan provider for exact details. This tool is sourced from CloseHack.

Estimated Monthly Payment
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Loan Amount
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