Sold
Last Sold Price
3 beds2 baths1,631 sqft$25/sqft
7778 Terrace Rd, Lantana, FL 33462
Multi FamilyProperty Type
5,000 sq ftLot Size
1977Year Built
$25/sq ftPrice per sq ft

Description

This duplex has been completely renovated into a single family home. It has been gutted top to bottom and then owner ran out of money so it is unfinished and being offered as a short sale. There is no kitchen but all walls have been finished, one bath has been finished. New electric, fenced yard, great for a handyman to finish. This property will qualify for an FHA rehab loan so submit an offer and get yourself a beauty. Finish the rest of the work yourself, or hire the guy who owns it to finish....This duplex has been completely renovated into a single family home. It has been gutted top to bottom and then owner ran out of money so it is unfinished and being offered as a short sale. There is no kitchen but all walls have been finished, one bath has been finished. New electric, fenced yard, great for a handyman to finish. This property will qualify for an FHA rehab loan so submit an offer and get yourself a beauty. Finish the rest of the work yourself, or hire the guy who owns it to finish. His work is impeccable but unfortunately ran out of money with the mortgage. Drainfield is new, roof is new, tons of parking, driveway, lots of parking and a fully fenced in yard!
  • Listed by: Marcia Osowsky 561.547.7899 • Castles Realty
Listing closed: 09/06/2010 12:00 AM • Source: Beaches MLS, MLS#: R3083546

Recent comparable sales

Median sold price

$500,000

Avg days on market

76

Sale-to-list ratio

90.5%

Lantana, FL

9 comparable properties found

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1/41
1

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$525,000 | 127 Lakeview Avenue, Lantana, FL 33462
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a front view of a house with yard and garage
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$520,000 | 1303 West Indies Way, Lantana, FL 33462
1/38
7

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Sold 10/30/24

3
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Unavailable
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Sold 02/18/25

3
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Sold 06/11/25

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Location

Listing Courtesy of Castles Realty

Sold By Boynton Beach Realty

Add your commute

Payment Calculator

$451 per month

30 year fixed, 6.55% Interest

Principal and Interest

$203

Property Taxes

$248

HOA Dues

$0

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Property Information for 7778 Terrace Road

Property Details
  • Taxes: $2,978 / year
  • MLS Type: Residential Income / Duplex
  • Furnished: Unfurnished
  • Waterfront Details: None
  • Style: No Pool/No Water
  • Year Built Numeric: 1977
  • Subdivision: Tropical Terrace
Building Information
  • Stories: 1
  • Year Built: 1977
  • Lot Size: 0.11 AC / 5,000 SF
Summary
Location and General Information
  • Area: 4320
  • Boat Access: Parking, Private Dock
  • Boat Services: Parking, Private Dock
  • Boat Services: Dock Available: Yes
  • City and Location Text: Lantana
  • County Land Code: Palm Beach County
  • County Or Parish: Palm Beach County
  • Geo Lat: 26.560707
  • Information Available: None
  • MLS Area: 4320
  • MLS Sub Area: PB12, Palm Beach 4200; 4210; 4320; 4330; 4340; 4350
  • Postal Code: 33462
  • State: FL
  • Subdivision Complex Bldg: Tropical Terrace
  • Complex Name: Tropical Terrace
  • Water Access: None
  • Zoning: Rm
Taxes and HOA Information
  • Association Fee: $0
  • Legal Desc: Tropical Terrace Lot:122 Blk: Lot SqFt:10004 Frontage:50 Depth:
  • Parcel ID: 00434510070001220
  • Tax Information: City/County
  • Tax Year: 2008
  • Taxes: $2,978
Property
Lot Information
  • Acreage Description: 1/4 To Less Than 1/2 Acre Lot
  • Approx Sqft Total Area: 1711
  • Approximate Lot Size: 100 x 50
  • Lot Dimensions: 100 x 50
  • Property Condition: Resale
  • Special Info: Handyman Special, Property Survey Available, Sold As-Is
  • Sq Ft: 1711
  • Sq Ft Liv Area: 1631.0
  • Sq Ft Total: 1,711
  • Property Type: Residential Income, Duplex
Property and Assessments
  • Avail Docs: None
  • Construction Type: Duplex, Composition, Resale, CBS
  • Document Count: 0
  • Legal Description: Tropical Terrace Lot:122 Blk: Lot SqFt:10004 Frontage:50 Depth:
  • Type: Duplex
  • Year Built Description: 1977
Utilities
  • Cable Available: Yes
  • On Site Utilities: Cable Available, Electricity Available, Water Available
  • Separate Elec Meters: Yes
  • Separate Meter: Yes
  • Separate Wtr Meters: Yes
  • Utilities: Cable Available, Electricity Available, Water Available
Interior and Exterior Features
Exterior Features
  • Balcony Porch/Patio: No
  • Construction: CBS
  • Guest Accommodations: No
  • Roof: Composition
  • Roof Description: Composition
  • Subdiv Amenities: Storage
  • Window Features: Single Hung Metal, Sliding
  • Patio And Porch Features: Deck
Interior Features
  • Baths Total: 2
  • Column Description: CBS
  • Cooling: Central Air
  • Flooring: Ceramic Tile
  • Heating: Central
  • Heating Description: Central
  • Num Floors: 1
  • Numof Units: 4
  • PatioFeatures: Deck
Multi Family
Multi Family Information
  • Number of Stories: 1.0
  • Unit Count: 4
Income & Expenses
  • Income & Expenses: Annual Net Oper Inc: $.00
  • Income & Expenses: Annual Total Expense: $.00
  • Income & Expenses: Gross Operating Inc: $.00
  • Exp Incl Pool Service: No
  • Expense Amount: $0
  • Gross Operating Income: $0
  • Gross Rent Income: $0
  • Monthly Income: $0
  • Source of Expenses: Owner Provided
Unit Information
Unit 1
  • Other Equipment: Air Conditioning Unit, Washer/Dryer Hookups
  • Parking Features: Open Parking
  • Rooms: Kitchen
  • Actual Rent: $.00
  • Baths Full: 2
  • Beds Total: 2
  • Furnished: Unfurnished
  • SqFt: 1700.0
Unit 2
  • Other Equipment: Air Conditioning Unit, Smoke Detector(s)
  • Interior Features: Split Bedroom Plan, Walk-In Closet(s)
  • Parking Features: Open Parking
  • Actual Rent: $.00
  • Baths Full: 0
  • Beds Total: 1
  • Furnished: Unfurnished
  • SqFt: 0.0
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: $48.44
  • Tenant Pays: None

Property History for 7778 Terrace Road

DateEvent & SourcePriceAppreciation
Sep 6, 2010

Sold

Beaches MLS #R3083546

$40,000
Aug 9, 2010

Pending

Beaches MLS #R3083546

Jan 31, 2010

Listed (Active)

Beaches MLS #R3083546

$99,000
DateEvent & SourcePrice
09/06/2010

Sold

Beaches MLS #R3083546

$40,000
08/09/2010

Pending

Beaches MLS #R3083546

01/31/2010

Listed (Active)

Beaches MLS #R3083546

$99,000

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

Schools near 7778 Terrace Road

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

Congress Community Middle School
Public6 to 8

Boynton Beach Community High School
Public6 to 12

Ed Venture Charter School
Charter9 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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Nearby home values

AddressSold priceBedsBathsSqftLot (Sqft)
This home: 7778 Terrace Road, Lantana, FL 33462
$40,000
3
2
1,631
5,000
$530,000
4
2,522
10,018
$130,000
2
1
806
5,001
$62,000
1
1
637
5,001
3
3
2,248
5,001
$168,000
3
1,310

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of any information, descriptions or measurements (including square footage measurements and property condition), such should be independently verified through appropriate means, including, but not limited to, in person inspection and public records, and Compass International Holdings, its subsidiaries, affiliates and independently owned and operated franchisees, and their affiliated agents and associated third parties expressly disclaim any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. Offers of compensation are subject to change at the seller's discretion. No financial or legal advice provided. Equal Housing Opportunity. Subject to change at any time. Compass, Inc., its subsidiaries, affiliates and their agents and associated third parties make no guarantee, warranty or representation regarding the accuracy of any waterfront feature, water view or waterfront view.

Listing Courtesy of Castles Realty

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.