703 West Palm Street, Unit E

Lantana, FL 33462

$595,000
Price
Beds
1,667 Sq. Ft.
$357 / Sq. Ft.
1,667
Sq. Ft.
$357
per Sq. Ft.

Description

Excellent income producing property! Introducing a remarkable duplex in the heart of East Lantana, just moments away from the beach, shops, and restaurants. This fully updated property features two spacious units, each offering three bedrooms and one bathroom. Both units come with newer appliances, including a washer and dryer for added convenience. Plus a brand new roof, Enjoy the privacy of your own backyard and the ease of off-street parking. Live in one side and let the other unit pay your mortgage!...Excellent income producing property! Introducing a remarkable duplex in the heart of East Lantana, just moments away from the beach, shops, and restaurants. This fully updated property features two spacious units, each offering three bedrooms and one bathroom. Both units come with newer appliances, including a washer and dryer for added convenience. Plus a brand new roof, Enjoy the privacy of your own backyard and the ease of off-street parking. Live in one side and let the other unit pay your mortgage! Fha/va ok! Don't miss this incredible opportunity!
  1. Listed by Jason R Moan • Choice Realty of SF LLC

Property Details for 703 West Palm Street, Unit E

Subdivision
LANTANA
Waterfront
No
Waterfront Details
None
Style
No Pool/No Water
LISTING UPDATED: 12/16/2024 09:10 PM

Property Details for 703 West Palm Street, Unit E

StatusActive
MLS #RX-11045377
Days on Market1
Taxes$5,788 / year
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family
MLS TypeResidential Income / Duplex
Year Built1954
Lot Size0.17 AC / 7,247 SF
CountyPalm Beach County

Building Information for 703 West Palm Street, Unit E

Stories1Residences-Year Built1954Building Size-Lot Size0.17 AC / 7,247 SF

Property Information for 703 West Palm Street, Unit E

Summary
Location and General Information
  • Property Condition: Resale
  • Directions: Lantana to Broadway to Palm to house
  • Geo Area: Palm Beach 5600; 5610; 5620; 5630; 5640
  • Street Number: 703
  • Subdivision Complex Bldg: LANTANA
  • Municipal Code: Lantana
  • State: FL
  • City Postal ID: 33462
  • MLS Area: 5640
  • MLS Sub Area: PB16
Parking
  • Carport Spaces: 0
Taxes and HOA Information
  • HOPA: No Hopa
  • Tax Year: 2024
Property
Lot Information
  • Area: 5640
  • HOA Amenities: None
  • Lot Description: < 1/4 Acre
  • Parcel ID: 40434503100070191
  • Property Group ID: 19990816212116581394000000
  • REO: No
  • Sq Ft Total: 1,714
  • Square Ft Source: Appraisal
  • Zoning: R15(ci
Property and Assessments
  • Legal Desc: AMENDED PLAT OF LANTANA E 38 FT OF LT 19 & W 1/2 OF LT 20 BLK 7
  • Sq Ft Liv Area: 1667.0
  • Legal Description: AMENDED PLAT OF LANTANA E 38 FT OF LT 19 & W 1/2 OF LT 20 BLK 7
Utilities
  • Utilities: Cable, Electric, Public Sewer, Public Water
Interior and Exterior Features
Exterior Features
  • Construction: Cbs Construction
  • Exterior Features: None
  • Private Pool: No
  • Storm Protection: Impact Glass: Partial
  • Subdiv Amenities: Park, Playground, Tennis
  • Gated Community YN: No
Interior Features
  • Roof: Comp Shingle
  • Separate Elec Meters: Yes
  • Separate Wtr Meters: No
  • Cooling: Central
  • Flooring: Tile, Vinyl Floor
  • Heating: Central
  • Guest Accommodations: No
Multi Family
Multi-Family Information
  • Income & Expenses: Annual Net Oper Inc: $43,880.00
  • Income & Expenses: Annual Total Expense: $10,000.00
  • Income & Expenses: Gross Operating Inc: $53,880.00
  • Tenant Pays: Cable, Electric
Unit 1
  • Unit 1 Desc: Dishwasher, Dryer, Laundry, Microwave, Range - Electric, Refrigerator, Washer
  • Unit 1 Info: Bedrooms: 3
  • Unit 1 Info: Full Bath: 1
  • Unit 1 Info: Furnished: No
  • Unit 1 Info: Monthly Income: 2,400
  • Unit 1 Info: SqFt: 917.0
  • Unit 1 Parking: Space Parking
Unit 2
  • Unit 2 Desc: Dishwasher, Dryer, Microwave, Range - Electric, Range - Gas, Washer
  • Unit 2 Info: Bedrooms: 3
  • Unit 2 Info: Full Bath: 1
  • Unit 2 Info: Furnished: No
  • Unit 2 Info: Monthly Income: $2,090
  • Unit 2 Info: SqFt: 750.0
  • Unit 2 Parking: None, Space Parking
Rental
Rental Information
  • Pets on Premises: No

Property History for 703 West Palm Street, Unit E

DateEvent & SourcePriceAppreciation
DateEvent & SourcePrice

For completeness, Compass often displays two records for one sale: the MLS record and the public record.

Public Records for 703 West Palm Street, Unit E

Taxable ValueLand$201,940Additions$104,552Total$306,492
Tax Record2023$5,788 ($482 / month)
Home Facts
Baths2Total Finished SqFt1,200 SqFtAbove Grade Finished SqFt1,200 SqFtStories1Lot Size7,248 SqFtStyleDuplexYear Built1954Year Renovated1970ZoningR15CountyPALM BEACHAPN40-43-45-03-10-007-0191

Schools near 703 West Palm Street, Unit E

This home is within Palm Beach.
Rating
School
Type
Grades
Distance
Public - PK to 5
Public - 6 to 8
Public - 9 to 12
Charter - 6 to 12
Rating
School
Distance
Lantana Elementary School
PublicPK to 5

Lantana Middle School
Public6 to 8

Lake Worth High School
Public9 to 12

Palm Beach Maritime Academy High School
Charter6 to 12

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

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703 West Palm Street, Unit E is a multi-family home for sale in Lantana, FL 33462. This property was listed for sale on December 16, 2024 by Choice Realty of SF LLC, it's currently listed at $595,000. It has been on the market for a total of 1 days and was last sold on September 23, 2024. This listing's school district is Palm Beach. Nearby schools include Lantana Elementary School, Lantana Middle School and Lake Worth High School. 703 West Palm Street, Unit E is a 0-bed, 0-bath, 1,667 sqft multi-family home built in 1954.

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. Offers of compensation are subject to change at the discretion of the seller. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of Choice Realty of SF LLC

Based on information from one of the following Multiple Listing Services: Beaches Multiple Listing Service, Inc., Martin County REALTORS® of the Treasure Coast, Inc., Miami Association of REALTORS®. Information being provided is for the visitor’s personal, noncommercial use and may not be used for any purpose other than to identify prospective properties visitor may be interested in purchasing. The data contained herein is copyrighted by Beaches Multiple Listing Service, Inc., Martin County REALTORS® of the Treasure Coast, Inc., Miami Association of REALTORS® is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited. Property information referenced on this web site comes from the Internet Data Exchange (IDX) program of the MLS. This web site may reference real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this web site. For the avoidance of doubt, the accuracy of all information, regardless of source, is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals.