518 North 7th Street

Lantana, FL 33462

$450,000
Last Sold Price
Beds
2,161 Sq. Ft.
$208 / Sq. Ft.
2,161
Sq. Ft.
$208
per Sq. Ft.

Description

Calling all Investors- (cash only sale), here is your opportunity to acquire a multifamily for almost land value. Three units in the main structure : 2/1 in the front, 1/1 in the rear and 1/1 on the second level. The detached garage can host two vehicles, with additional parking in front and to the side of the garage. Sellers are in the process of starting renovations to the units. As work progresses, the list price will increase. The property features endless possibilities to renovate to your portfolio...Calling all Investors- (cash only sale), here is your opportunity to acquire a multifamily for almost land value. Three units in the main structure : 2/1 in the front, 1/1 in the rear and 1/1 on the second level. The detached garage can host two vehicles, with additional parking in front and to the side of the garage. Sellers are in the process of starting renovations to the units. As work progresses, the list price will increase. The property features endless possibilities to renovate to your portfolio needs. Non-conforming triplex-buyers do your due diligence.
  1. Listed by Jonathan R Huffer • Redfin Corporation
  2. Listed by Elena Gabriela Fleck • Redfin Corporation

Property Details for 518 North 7th Street

Subdivision
MANTYHARJU LANTANA
Waterfront
No
Waterfront Details
None
View
City
Style
No Pool/No Water

Location

Listing Courtesy of Redfin Corporation

Sold By Non-Member Selling Office

Add your commute
LISTING UPDATED: 01/03/2024 02:56 PM

Property Details for 518 North 7th Street

StatusClosed
MLS #RX-10914234
Days on Market39
Taxes$8,535 / year
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family
MLS TypeResidential Income / Triplex
Year Built1955
Lot Size0.15 AC / 6,563 SF
CountyPalm Beach County

Location

Listing Courtesy of Redfin Corporation

Sold By Non-Member Selling Office

Add your commute

Building Information for 518 North 7th Street

Stories2Residences4Year Built1955Building Size-Lot Size0.15 AC / 6,563 SF

Payment Calculator

$3,167 per month

30 year fixed, 7.25% Interest

Principal and Interest

$2,456

Property Taxes

$711

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

Property Information for 518 North 7th Street

Summary
Location and General Information
  • Property Condition: Resale
  • Elementary School: Barton Elementary School
  • Middle School: Lantana Middle School
  • High School: Lake Worth High School
  • Geo Area: Palm Beach 5600; 5610; 5620; 5630; 5640
  • Special Info: Sold As-Is
  • Street Number: 518
  • Subdivision Complex Bldg: MANTYHARJU LANTANA
  • Municipal Code: Lantana
  • State: FL
  • City Postal ID: 33462
  • MLS Area: 5610
  • MLS Sub Area: PB16
Parking
  • Carport Spaces: 0
  • Garage Spaces: 1
Taxes and HOA Information
  • Comm/Trans Brk: 2.5%
  • HOPA: No Hopa
  • Tax Year: 2022
  • Maintenance Fee Incl: Water
  • HOA Dues: $0
Property
Lot Information
  • Area: 5610
  • HOA Amenities: None
  • Lot Description: < 1/4 Acre, Paved Road, Sidewalks
  • Parcel ID: 40434434090030370
  • Property Group ID: 19990816212116581394000000
  • REO: No
  • Sq Ft Total: 3,510
  • Square Ft Source: Tax Rolls
  • Zoning: R15(ci
Property and Assessments
  • Legal Desc: MANTYHARJU LT 37 TR 3
  • Sq Ft Liv Area: 2161.0
  • Legal Description: MANTYHARJU LT 37 TR 3
Utilities
  • Utilities: Cable, Electric, Public Sewer, Public Water
Interior and Exterior Features
Exterior Features
  • Construction: Concrete Block Construction, Concrete Block With Brick, Frame Construction, Wood Sliding
  • Exterior Features: None, Open Balcony
  • Private Pool: No
  • Storm Protection: None
  • Subdiv Amenities: None
  • Gated Community YN: No
Interior Features
  • Roof: Comp Shingle
  • Separate Elec Meters: Yes
  • Separate Wtr Meters: Yes
  • Cooling: Ceiling Fan, Wall-Win A/C
  • Flooring: Wood Floor
  • Heating: Electric, Window/Wall
  • Guest Accommodations: No
Multi Family
Multi-Family Information
  • Income & Expenses: Annual Net Oper Inc: $.00
  • Income & Expenses: Annual Total Expense: $.00
  • Income & Expenses: Gross Operating Inc: $.00
  • Tenant Pays: Electric
Unit 1
  • Unit 1 Desc: A/C Unit, Electric Meter
  • Unit 1 Info: Bedrooms: 2
  • Unit 1 Info: Full Bath: 1
  • Unit 1 Info: Furnished: No
  • Unit 1 Info: Monthly Income: 0
  • Unit 1 Info: SqFt: 0.0
  • Unit 1 Parking: Open Parking
Unit 2
  • Unit 2 Desc: A/C Unit, Electric Meter
  • Unit 2 Info: Bedrooms: 1
  • Unit 2 Info: Full Bath: 1
  • Unit 2 Info: Furnished: No
  • Unit 2 Info: Monthly Income: $0
  • Unit 2 Info: SqFt: 0.0
  • Unit 2 Parking: Open Parking
Unit 3
  • Unit 3 Desc: A/C Unit, Electric Meter
  • Unit 3 Info: Bedrooms: 2
  • Unit 3 Info: Full Bath: 1
  • Unit 3 Info: Furnished: No
  • Unit 3 Info: Monthly Income: $.00
  • Unit 3 Info: SqFt: 0.0
  • Unit 3 Parking: Open Parking
Agent
Agent Only
  • Selling Agent Full Name: Non Selling Agent
  • Selling Office Branch ID: 999999
Rental
Rental Information
  • Pets on Premises: No

Property History for 518 North 7th Street

DateEvent & SourcePriceAppreciation
DateEvent & SourcePrice

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

Schools near 518 North 7th Street

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

Lake Worth High School
PublicPK to 12

Lantana Middle School
Public6 to 8

Palm Beach Maritime Academy High 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.

Similar Homes

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Similar Sold Homes

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No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of Redfin Corporation

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.