Donna O'Steen

7871 Terrace Road , Lantana, FL 33462

$499,999
New to the Market
SQUARE FEET944 MLS#TB8490469
MAP LISTING
7871 Terrace Road , Lantana, FL 33462
7871 Terrace Road , Lantana, FL 33462
7871 Terrace Road , Lantana, FL 33462
7871 Terrace Road , Lantana, FL 33462
7871 Terrace Road , Lantana, FL 33462
7871 Terrace Road , Lantana, FL 33462
7871 Terrace Road , Lantana, FL 33462
7871 Terrace Road , Lantana, FL 33462
7871 Terrace Road , Lantana, FL 33462
7871 Terrace Road , Lantana, FL 33462
7871 Terrace Road , Lantana, FL 33462
7871 Terrace Road , Lantana, FL 33462
7871 Terrace Road , Lantana, FL 33462
7871 Terrace Road , Lantana, FL 33462
7871 Terrace Road , Lantana, FL 33462
7871 Terrace Road , Lantana, FL 33462
7871 Terrace Road , Lantana, FL 33462
7871 Terrace Road , Lantana, FL 33462
7871 Terrace Road , Lantana, FL 33462

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7871 Terrace Road , Lantana, FL 33462
7871 Terrace Road , Lantana, FL 33462
7871 Terrace Road , Lantana, FL 33462
7871 Terrace Road , Lantana, FL 33462
7871 Terrace Road , Lantana, FL 33462
7871 Terrace Road , Lantana, FL 33462
7871 Terrace Road , Lantana, FL 33462
7871 Terrace Road , Lantana, FL 33462
7871 Terrace Road , Lantana, FL 33462
7871 Terrace Road , Lantana, FL 33462
7871 Terrace Road , Lantana, FL 33462
7871 Terrace Road , Lantana, FL 33462
7871 Terrace Road , Lantana, FL 33462
7871 Terrace Road , Lantana, FL 33462
7871 Terrace Road , Lantana, FL 33462
7871 Terrace Road , Lantana, FL 33462
7871 Terrace Road , Lantana, FL 33462
7871 Terrace Road , Lantana, FL 33462
7871 Terrace Road , Lantana, FL 33462

Property Description

*Exceptional Turnkey Multi-Family Investment Opportunity *Discover a cash-flowing, income-producing asset perfectly positioned for the savvy investor or owner-operator. This 2-bedroom, 2-bathroom duplex delivers immediate rental income with remarkable upside potential. Unit A is currently vacant, but a recent tenant was paying $1,500 per month, while Unit B has been successfully operated as an Airbnb, grossing an impressive $31,000 last year. Both units have been freshly remodeled and feature modern laminate flooring throughout, stylish breakfast bars, and updated finishes that attract quality tenants and guests alike. Unit B showcases brand new wood cabinets and comes fully furnished, equipped with a coffee maker, microwave, couch, bed, two televisions, computer desk, and chair - meaning you can begin generating Airbnb income from day one with zero additional investment. Major capital improvements have already been completed, including a brand new roof installed in 2024 and two wall-mounted AC units added to each unit in 2024. These significant upgrades provide peace of mind and reduce future maintenance costs, allowing you to maximize your returns immediately. Whether you choose to continue the current dual-income strategy, convert both units to long-term rentals, or occupy one unit while the other pays your mortgage, the flexibility of this property is unmatched. Located in the desirable Lantana community with easy access to beaches, dining, and local attractions, this duplex is ideally suited for short-term rental demand. This property is easy to show and ready for its next owner. Schedule your private tour today and start building your real estate portfolio. No assignable contracts.

7871 Terrace Road | MLS# TB8490469

This multi-family property located at 7871 Terrace Road , Lantana, FL 33462 is currently listed for sale with an asking price of $499,999. Search Lantana real estate on donnaosteen.watsonrealtycorp.com today.

Property Features

Property Type: Multi Unit - Multiple
Cooling: Wall/Window Unit(s)
Heating: None
Lot Size: 0.23 Acres
Roof Type: Shingle
Taxes: $8,337
Year Built: 1955
Square Feet: 944

Amenities

Ceiling Fans(s)
Eat-in Kitchen
Solid Surface Counters
Solid Wood Cabinets
Private Entrance

Feature Descriptions

Annual Net Income: 10000.00
Appliances: Convection Oven, Refrigerator
Directions: Heading north on I-95 N, Take exit 59 for Gateway Blvd. Turn right onto E Gateway Blvd. Drive 0.1 miles then turn left onto N Seacrest Blvd. Drive 0.5 miles and turn right onto Miner Rd. Drive another 0.6 miles then turn left onto Terrace Rd. In 0.1 miles
Exterior: Stucco
Flood Zone Code: X
Flooring: Laminate
Foundation: Block
Home Warranty Y/N: No
Listing Terms: Cash, Conventional, FHA, VA Loan
Lot Dimensions: 0.23
Other Equipment: Private Entrance
Ownership: Fee Simple
Property Attached Y/N: No
Property Sub-Type: Duplex
Sewer: Public Sewer
Showing Instructions: Call Listing Agent, Lockbox, Lock Box Coded
Special Sale Provisions: None
Utilities: Public
Water: Public
Water Access Y/N: No
Zoning: RM

Listed By / Shown By

Listed By

Agency Name: RICHARD PETERS REALTY LLC
Agency Contact: 352-448-9712

Shown By

Agent Name: Donna O'Steen
Agent Phone: (904) 571-8674
Agency Title: Watson Realty Corp., REALTORS ®

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Estimated Payment

$ 3,251.66 per month $2,411.08 Principal & Interest $694.75 Property Tax $145.83 Homeowner's Insurance

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