Bought with Posh Properties
$162,500
$165,000
1.5%For more information regarding the value of a property, please contact us for a free consultation.
0.29 Acres Lot
SOLD DATE : 03/06/2024
Key Details
Sold Price $162,500
Property Type Single Family Home
Sub Type Single Family Detached
Listing Status Sold
Purchase Type For Sale
Subdivision Tropical Terrace
MLS Listing ID RX-10936702
Sold Date 03/06/24
HOA Y/N No
Annual Tax Amount $4,096
Tax Year 2022
Lot Size 0.287 Acres
Property Description
Welcome to a prime real estate opportunity in the heart of desirable east Lantana! This vacant lot, spanning almost 1/3 of an acre, is strategically located just east of I-95 and west of US Highway 1, offering unparalleled convenience and access. Zoned for Residential Multi-family use, this property presents a fabulous opportunity for both homeowners and investors alike.complete with the privacy and tranquility that only a substantial lot can offer.For those with an entrepreneurial spirit, this property is an ideal canvas for a multi-family investment project. Potential to split the lot and build 2 houses. There was a previous dwelling on the property so some impact fees have been paid and utilities hooked up which provide a nice savings to the builder/investor.
Location
State FL
County Palm Beach
Area 5630
Zoning RM
Exterior
Utilities Available Electric, Public Water
Waterfront No
Exposure West
Building
Lot Description 1/4 to 1/2 Acre
Others
Acceptable Financing Cash, Conventional
Listing Terms Cash, Conventional
Financing Cash,Conventional
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