Sold
Last Sold Price
5 beds3 baths2,000 sqft$195/sqft
111 Prospect Rd, Lantana, FL 33462
Multi FamilyProperty Type
9,583 sq ftLot Size
1956Year Built
$195/sq ftPrice per sq ft

Description

Completely renovated east Lantana Income property. One side consists of a large 3 bedroom 2 bathroom unit. The 2nd unit consists of a 2 bedroom 1 bath unit. Each unit comes with washer/dryer. House has brand new roof, all new impact glass all new electrical. New kitchens and baths. Great property for owner user or rental investment. Large yard with rare entry driving access. Lot is zoned to allow for additional home to be built.Completely renovated east Lantana Income property. One side consists of a large 3 bedroom 2 bathroom unit. The 2nd unit consists of a 2 bedroom 1 bath unit. Each unit comes with washer/dryer. House has brand new roof, all new impact glass all new electrical. New kitchens and baths. Great property for owner user or rental investment. Large yard with rare entry driving access. Lot is zoned to allow for additional home to be built.
  • Listed by: Edward J Kovach 561.722.3338 ekovach@kovachdevelopment.com Brokerage DRE #1050322 • Kovach & Company Realty Corp.
Listing closed: 06/08/2016 12:00 AM • Source: Beaches MLS, MLS#: R10202561

Location

Listing Courtesy of Kovach & Company Realty Corp.

Sold By Pavon Realty Group, LLC

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Payment Calculator

$3,098 per month

30 year fixed, 6.55% Interest

Principal and Interest

$1,982

Property Taxes

$1,116

HOA Dues

$0

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Property Information for 111 Prospect Road

Property Details
  • MLS Type: Residential Income / Duplex
  • Furnished: Unfurnished
  • View: Garden
  • Waterfront Details: None
  • Style: No Pool/No Water
  • Year Built Numeric: 1956
  • Subdivision: LAKESIDE POINT ADD TO LANTANA
Building Information
  • Stories: 1
  • Year Built: 1956
  • Lot Size: 0.22 AC / 9,583 SF
Summary
Location and General Information
  • Area: 5640
  • City and Location Text: Lantana
  • County Land Code: Palm Beach County
  • County Or Parish: Palm Beach County
  • Geo Lat: 26.578326
  • Information Available: None
  • MLS Area: 5640
  • MLS Sub Area: PB16, Palm Beach 5600; 5610; 5620; 5630; 5640
  • Postal Code: 33462
  • State: FL
  • Subdivision Complex Bldg: LAKESIDE POINT ADD TO LANTANA
  • Complex Name: LAKESIDE POINT ADD TO LANTANA
  • Water Access: None
  • Zoning: R15
Taxes and HOA Information
  • Association Fee: $0
  • Legal Desc: LAKESIDE POINT ADD W 1/2 OF LT 88 & LT 89
  • Parcel ID: 40434503090000881
  • Tax Information: Other Exemption
  • Tax Year: 2015
  • Taxes: $0
Property
Lot Information
  • Acreage Description: Less Than 1/4 Acre Lot
  • Acres: 0.22
  • Approx Sqft Total Area: 2300
  • Approximate Lot Size: 75.0 ft x 0.0 ft
  • Lot Dimensions: 75.0 ft x 0.0 ft
  • Property Condition: Resale
  • Special Info: Sold As-Is
  • Sq Ft: 2300
  • Sq Ft Liv Area: 2000.0
  • Sq Ft Total: 2,300
  • Property Type: Residential Income, Duplex
Property and Assessments
  • Avail Docs: None
  • Construction Type: Duplex, Composition, Mixed, Resale, CBS
  • Document Count: 0
  • Legal Description: LAKESIDE POINT ADD W 1/2 OF LT 88 & LT 89
  • Special Assessment: No
  • Type: Duplex
  • Year Built Description: 1956
Utilities
  • On Site Utilities: Sewer Available
  • Separate Elec Meters: Yes
  • Separate Meter: Yes
  • Separate Wtr Meters: Yes
  • Sewer Description: True
  • Utilities: Sewer Available
Interior and Exterior Features
Exterior Features
  • Balcony Porch/Patio: Yes
  • Construction: CBS
  • Guest Accommodations: No
  • Roof: Composition, Mixed
  • Roof Description: Composition, Mixed
  • Subdiv Amenities: Jogging Path, Tennis Court(s)
  • Window Features: Blinds
  • Patio And Porch Features: Patio, Patio - Open
Interior Features
  • Baths Total: 3
  • Column Description: CBS
  • Cooling: Central Air
  • Flooring: Ceramic Tile, Vinyl
  • Heating: Central
  • Heating Description: Central
  • Num Floors: 1
  • Numof Units: 4
  • PatioFeatures: Patio
Multi Family
Multi Family Information
  • Number of Stories: 1.0
  • Unit Count: 4
Income & Expenses
  • Income & Expenses: Annual Net Oper Inc: $29,200.00
  • Income & Expenses: Annual Total Expense: $8,000.00
  • Income & Expenses: Gross Operating Inc: $37,200.00
  • Exp Incl Pool Service: No
  • Expense Amount: $8,000
  • Gross Operating Income: $29,200
  • Gross Rent Income: $37,200
  • Monthly Income: $37,200
  • Source of Expenses: Other
Unit Information
Unit 1
  • Appliances: Range, Refrigerator, Dryer, Dishwasher, Washer, Microwave
  • Other Equipment: Air Conditioning Unit
  • Parking Features: Open Parking
  • Rooms: Kitchen, Separate Dining
  • Actual Rent: $1,750.00
  • Baths Full: 2
  • Beds Total: 3
  • Furnished: Unfurnished
  • SqFt: 1600.0
Unit 2
  • Appliances: Range, Refrigerator, Dryer, Washer, Microwave
  • Other Equipment: Air Conditioning Unit
  • Parking Features: Open Parking
  • Rooms: Kitchen, Laundry Room
  • Actual Rent: $1,450.00
  • Baths Full: 1
  • Beds Total: 2
  • Furnished: Unfurnished
  • SqFt: 600.0
Unit 3
  • Actual Rent: $.00
  • SqFt: 0.0
Unit 4
  • Actual Rent: $.00
  • SqFt: 0.0
Rental
Rental Information
  • DXORIGMLNO: RML
  • Possession Information: Close Of Escrow
  • Rental Price/SqFt: $197.50
  • Tenant Pays: Cable TV, Electricity, Sewer, Water

Property History for 111 Prospect Road

DateEvent & SourcePriceAppreciation
Jun 8, 2016

Sold (Public Record)

Public Record #573251459

$390,000

+166.7% / yr

Jun 8, 2016

Sold

Beaches MLS #R10202561

$390,000
May 20, 2016

Pending

Beaches MLS #R10202561

DateEvent & SourcePrice
06/08/2016

Sold (Public Record)

Public Record #573251459

$390,000

+166.7% / yr

06/08/2016

Sold

Beaches MLS #R10202561

$390,000
05/20/2016

Pending

Beaches MLS #R10202561

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

Public Records for 111 Prospect Road

Taxable ValueLand-Additions-Total-
Tax Record2024$13,387 ($1,116 / month)
Home Facts
Baths3Total Finished SqFt3,162 SqFtAbove Grade Finished SqFt3,162 SqFtStories1Lot Size9,374 SqFtStyleDuplexYear Built1956Year Renovated2006ZoningR15CountyPALM BEACHAPN40-43-45-03-09-000-0881

Schools near 111 Prospect Road

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

Lantana Middle School
Public6 to 8

Lake Worth High School
Public9 to 12

Palm Beach Maritime Academy High School
Charter6 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.

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Listing Courtesy of Kovach & Company Realty Corp.

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.