Lantana, FL 33462,400 S Waterway DR
Lantana, FL 33462,400 S Waterway DR
Lantana, FL 33462,400 S Waterway DR
Lantana, FL 33462,400 S Waterway DR
Lantana, FL 33462,400 S Waterway DR
Lantana, FL 33462,400 S Waterway DR
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Listed by Strategic Realty Services, LLC
Bought with Strategic Realty Services, LLC

$2,775,000

$3,200,000

13.3%
Est.Price: ?

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Est. payment /mo

24 Baths

18,596 SqFt


SOLD DATE : 05/10/2024

Key Details

Sold Price $2,775,000

Property Type Commercial

Sub Type MultiFamily (5+ Units)

Listing Status Sold

Purchase Type For Sale

Square Footage 18,596 sqft

Price per Sqft $149

Subdivision Waterway Club Apartments

MLS Listing ID RX-10961639

Sold Date 05/10/24

Construction Status Resale

Year Built 1979

Annual Tax Amount $42,950

Tax Year 2023

Lot Size 1.110 Acres

Property Description

Great opportunity to own the Waterway Club Apartments, an 18 unit apartment building in the heart of eastern Lantana, strategically located in the Waterway Club and Hidden Harbour condominium community that fronts the Intracoastal Waterway and affords community amenities of swimming pool, clubhouse, spa, library and more. This property provides a great opportunity for an investor to maximize the potential of this strategically located asset through renovation and increasing rents to market rate. The property has six 2 bedroom/2 bath units; Ten 1 bedroom/1.5 bath units; and Two 1 bedroom/1 bath units. The unit size are larger than standard size providing greater flexibility with renovations. Don't miss this opportunity. Call for more information today.

Location

State FL

County Palm Beach

Area 5600

Zoning General Commerc

Interior

Heating Central

Cooling Central

Flooring Carpet, Ceramic Tile, Laminate, Vinyl Floor

Fireplaces Type Smoke Alarm, Smoke Detector

Exterior

Utilities Available Cable, Electric, Public Sewer, Public Water

Waterfront No

Roof Type Built-Up

Building

Story 100.00

Foundation Concrete, Stucco

Construction Status Resale

Others

Security Features None

Acceptable Financing Cash, Conventional

Listing Terms Cash, Conventional

Financing Cash,Conventional

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