727 North 5th Street

Lantana, FL 33462

$570,000
Price
Beds
1,600 Sq. Ft.
$356 / Sq. Ft.
1,600
Sq. Ft.
$356
per Sq. Ft.

Description

Lovely duplexes on a large lot at the very end of a dead end street. This property produces over $38,000 in annual income. The two bedroom unit has Washer/Dryer Hookups. This property features central air conditioning and heat and hurricane protection for all windows. This CBS structure had a new roof installed approximately 5 years ago. All tenants are currently on a month to month basis. The identical unit next door needs to be sold together with this property. This nicely maintained duplex is...Lovely duplexes on a large lot at the very end of a dead end street. This property produces over $38,000 in annual income. The two bedroom unit has Washer/Dryer Hookups. This property features central air conditioning and heat and hurricane protection for all windows. This CBS structure had a new roof installed approximately 5 years ago. All tenants are currently on a month to month basis. The identical unit next door needs to be sold together with this property. This nicely maintained duplex is in an excellent location. The units are easy to rent and provide a nice income stream. Seller financing available with 30% down payment.
  1. Listed by David Kobrin • South Florida R.E. Connection

Property Details for 727 North 5th Street

Subdivision
MANTYHARJU LANTANA
Waterfront
No
Waterfront Details
None
Style
No Pool/No Water
LISTING UPDATED: 09/06/2024 11:54 AM

Property Details for 727 North 5th Street

StatusActive
MLS #RX-11000753
Days on Market68
Taxes$6,008 / year
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family
MLS TypeResidential Income / Duplex
Year Built1978
Lot Size0.15 AC / 6,639 SF
CountyPalm Beach County

Building Information for 727 North 5th Street

Stories1Residences2Year Built1978Building Size-Lot Size0.15 AC / 6,639 SF

Property Information for 727 North 5th Street

Summary
Location and General Information
  • Property Condition: Resale
  • Directions: Lantana Road to N. 5th Street then south to end of street.
  • Geo Area: Palm Beach 5600; 5610; 5620; 5630; 5640
  • Street Number: 727
  • Subdivision Complex Bldg: MANTYHARJU 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: 2023
  • HOA Dues: $0
Property
Lot Information
  • Area: 5640
  • HOA Amenities: None
  • Lot Description: < 1/4 Acre, 1/4 to 1/2 Acre
  • Parcel ID: 40434434090020020
  • Property Group ID: 19990816212116581394000000
  • REO: No
  • Sq Ft Total: 1,800
  • Square Ft Source: Tax Rolls
  • Zoning: R15(ci
Property and Assessments
  • Legal Desc: MANTYHARJU LOT 2 TR 2
  • Sq Ft Liv Area: 1600.0
  • Legal Description: MANTYHARJU LOT 2 TR 2
Utilities
  • Utilities: Cable, Electric, Public Sewer, Public Water
Interior and Exterior Features
Exterior Features
  • Construction: Cbs Construction
  • Exterior Features: Auto Sprinkler, Awnings, Fence, Room for Pool, Shutters
  • Private Pool: No
  • Storm Protection: Accordion Shutters: Complete
  • Subdiv Amenities: None
  • Gated Community YN: No
  • Structure Type: Duplex
Interior Features
  • Roof: Comp Shingle
  • Separate Elec Meters: Yes
  • Separate Wtr Meters: Yes
  • Cooling: Central Individual
  • Flooring: Ceramic Tile
  • Heating: Central Individual
  • Guest Accommodations: No
Multi Family
Multi-Family Information
  • Income & Expenses: Annual Net Oper Inc: $26,000.00
  • Income & Expenses: Annual Total Expense: $12,000.00
  • Income & Expenses: Gross Operating Inc: $38,000.00
  • Tenant Pays: Cable, Electric, Insurance, Repairs, Sewer, Water
Unit 1
  • Unit 1 Desc: A/C Unit, Kitchen, Range - Electric
  • Unit 1 Info: Full Bath: 1
  • Unit 1 Info: Furnished: No
  • Unit 1 Info: Monthly Income: 1,500
  • Unit 1 Info: SqFt: 600.0
  • Unit 1 Parking: Space Parking
Unit 2
  • Unit 2 Desc: A/C Unit, Laundry, Microwave, Range - Electric, W/D Hookup
  • Unit 2 Info: Full Bath: 1
  • Unit 2 Info: Furnished: No
  • Unit 2 Info: Monthly Income: $1,650
  • Unit 2 Info: SqFt: 1000.0
  • Unit 2 Parking: Open Parking, Space Parking
Rental
Rental Information
  • Pets on Premises: No

Property History for 727 North 5th Street

DateEvent & SourcePriceAppreciation
DateEvent & SourcePrice

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

Schools near 727 North 5th Street

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

Lake Worth High School
PublicPK to 12

Lantana Middle School
Public6 to 8

Palm Beach Maritime Academy High School
Charter9 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.

Similar Homes

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727 North 5th Street is a multi-family home for sale in Lantana, FL 33462. This property was listed for sale on July 1, 2024 by South Florida R.E. Connection, it's currently listed at $570,000. This listing's school district is Palm Beach. Nearby schools include Barton Elementary School, Lake Worth High School and Lantana Middle School. 727 North 5th Street is a 0-bed, 0-bath, 1,600 sqft multi-family home built in 1978.

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 South Florida R.E. Connection

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.