808 E Coast Avenue Apt: 808-878
Lantana, FL 33462

Property

Ownership: Commercial
Type: Mixed_Use
Area: 5740 sq ft

Financials

Price: $1,850,000
Deborah L. Ginsburg
150 Worth Ave, Palm Beach, FL 33480
Courtesy of One Source Real Estate

Description

General Commercial Zoning! DO NOT DISTURB TENANTS! MOTIVATED BRING OFFERS! Great signage location along RR and US 1. Can convert both buildings to motel, residential, retail, restaurant, continue current leases, etc. Total of 7 commercial bays each with bathroom - Two Story building: two bays are 500 sq ft ea (leased $760 & $800 no leases in place), one 2/2 renovated apartment 1000 sq ft ($1750 lease ends 12/31/23), Single Story Building: three bays 600 sq ft each (lease back 1-3 mos, leased for $3000/month), one bay 720 sq ft (lease back 1-3 mos, leased for $1,000/month), one bay 480 sq ft (leased $800 no lease in place). Owner occupies 4 suites at $4000/month.Will hold Contract for Deed 35% down 10% interest, 3 years.

Unbranded Virtual Tour: https://www.propertypanorama.com/808-E-Coast-Avenue-808878-Lantana-FL-33462/unbranded

General Commercial Zoning !


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