Bought with Illustrated Properties LLC
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3644 Lantana RD Lake Worth, FL 33462
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Key Details
Sold Price $522,500
Property Type Commercial
Listing Status Sold
Purchase Type For Sale
Square Footage 3,316 sqft
Price per Sqft $157
Subdivision Atlantis
MLS Listing ID RX-10703300
Sold Date 05/18/21
Construction Status Resale
Abv Grd Liv Area 17
Year Built 1971
Annual Tax Amount $9,529
Tax Year 2020
Lot Size 0.540 Acres
Property Description
With the lot behind the building included in the sale, this property presents an ideal redevelopment opportunity for any number of uses. The combined acreage of the two lots is 0.54.The building is fully occupied w/ month-to-month tenants, including a beauty salon and retail store downstairs and two apartments upstairs (each 2 bed/1 bath with individual laundry facilities). Building upgrades include a new roof completed in 2020, impact windows downstairs, a newer AC servicing the retail store, and updated electric panels in each of the units. A cinder block frame for a single-story second building exists on the back lot.The back lot has a separate address (3646 Lantana Road). Please also take a look at 518 N 7th St 1, Lantana 33462, all being offered as a package for $1.25M.See RX-10703301
Location
State FL
County Palm Beach
Area 5710
Zoning CN
Interior
Heating Central, Electric
Cooling Central, Electric
Flooring Ceramic Tile
Fireplaces Type Smoke Detector
Exterior
Community Features Corporate Owned
Utilities Available Electric, Public Water
Waterfront No
Waterfront Description None
Roof Type Mansard
Present Use Corporate Owned
Building
Story 100.00
Foundation CBS
Construction Status Resale
Others
Acceptable Financing Cash, Conventional
Listing Terms Cash, Conventional
Financing Cash,Conventional
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