703 W Palm St Unit E Lantana, FL 33462
Ocean Heights NeighborhoodEstimated payment $3,803/month
About This Home
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!
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $5,788
Year Built
- Built in 1954
Lot Details
- 7,247 Sq Ft Lot
Home Design
- Duplex
- Shingle Roof
- Composition Roof
Interior Spaces
- 1,667 Sq Ft Home
- 1-Story Property
Flooring
- Tile
- Vinyl
Utilities
- Central Heating and Cooling System
- Cable TV Available
Listing and Financial Details
- Assessor Parcel Number 40434503100070191
Community Details
Overview
- 2 Units
- Lantana Subdivision
Building Details
- Operating Expense $10,000
- Net Operating Income $43,880
Map
Home Values in the Area
Average Home Value in this Area
Tax History
| Year | Tax Paid | Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. | Land | Improvement |
|---|---|---|---|---|
| 2024 | $6,619 | $246,226 | -- | -- |
| 2023 | $5,788 | $223,842 | $0 | $0 |
| 2022 | $5,492 | $203,493 | $0 | $0 |
| 2021 | $4,718 | $197,100 | $108,000 | $89,100 |
| 2020 | $4,510 | $197,760 | $92,000 | $105,760 |
| 2019 | $4,190 | $177,669 | $80,000 | $97,669 |
| 2018 | $3,851 | $172,445 | $84,200 | $88,245 |
| 2017 | $3,255 | $126,353 | $67,360 | $58,993 |
| 2016 | $3,492 | $137,038 | $0 | $0 |
| 2015 | $3,303 | $124,580 | $0 | $0 |
| 2014 | $3,357 | $116,380 | $0 | $0 |
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 01/01/2025 01/01/25 | Rented | $2,350 | -2.1% | -- |
| 12/18/2024 12/18/24 | For Rent | $2,400 | 0.0% | -- |
| 12/16/2024 12/16/24 | For Sale | $595,000 | +41.7% | $357 / Sq Ft |
| 09/23/2024 09/23/24 | Sold | $420,000 | -9.7% | $350 / Sq Ft |
| 07/31/2024 07/31/24 | For Sale | $465,000 | -- | $388 / Sq Ft |
Deed History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Warranty Deed | $420,000 | First American Title Insurance | |
| Warranty Deed | $55,000 | -- |
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $198,000 | New Conventional | |
| Previous Owner | $44,000 | New Conventional |
Source: BeachesMLS
MLS Number: R11045377
APN: 40-43-45-03-10-007-0191
Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.
IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.
- 622 Minnesota St
- 806 Minnesota St
- W W Ocean Ave
- 415 W Palm St
- 402 S 9th St
- 706 W Bloxham St
- 506 W Bloxham St
- 324 W St Unit 13
- 1213 W Mango St
- 541 W Branch St
- 608 - 610 N Dixie Hwy
- 612 W Drew St
- 200 Croton 202 Ave Unit 202
- 310 S Lake Dr
- 917 W Duval St
- 607 W Perry St
- 318 S Lake Dr
- 2 E View St
- 202 N Lake Dr
- 716 S Broadway