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612 W Drew St, Lantana FL 33462

Multi-family For Sale
$555,000

BTC: 6.82153392

ETH: 228.20723684

-$14K (2026/10/02)
45 days
0 room(s)
800 sqft

Overview

Unique investment opportunity in the growing coastal community of Lantana. Located just minutes from the beach and major resorts, with convenient access to both West Palm Beach and Boca Raton, this duplex offers two 1-bedroom, 1-bathroom units and excellent flexibility for investors or owner-occupants. Walking distance to the new Lantana Village redevelopment site with future shops, dining, and entertainment. One unit is currently occupied by a long-term tenant, while the second offers the potential for short or long-term rental use, allowing the property to accommodate a variety of investment strategies. Property improvements include a newer roof, impact windows and doors, updated kitchen areas, newer A/C and water heater, and a new washer and dryer. The property also features ample parking with space for 4 vehicles and sits on an oversized lot, offering potential for future expansion or redevelopment, subject to applicable zoning and municipal approvals. Whether you're looking to add an income-producing property to your portfolio, explore a 1031 exchange, or occupy one unit as your primary residence while generating rental income from the other, this property offers a great combination of location, flexibility, and long-term potential.

Location

Details

Type:
Residential Income
Parking:
No Data
Year Built:
1957
Lot:
No Data
Heating:
Central
Price/sqft:
$694
Cooling:
Central Air
HOA:
No Data

Valuation

Recent sales nearby
27 public-records sales within 0.5 mi
Median actual sale: $382K
Not enough MLS comparables for a model estimate on this property. Public-records data shown instead.

Highlights

Annual tax
$5,296
2025
Parking
4 spaces
All facts and features
  • Flooring

    • Tile

    Heating

    • Central

    Cooling

    • Central Air

  • Property

    • Exterior Features: Fruit Trees

    Other Property Information

    • Parcel Number: 40434503160240071

    • Zoning: R15 (cit

  • Type and style

    • Property Type: Residential Income

    • Property Sub Type: Duplex

  • Green energy

    • Appliances

    • Doors

    • Windows

  • Other financial information

    • Annual tax amount: $5,296

  • Source details

    • MLS ID: A12079900

    Other facts

    • Construction Materials: Concrete Block Construction

    • Lot Features: Less Than 1/4 Acre Lot

    • Patio And Porch Features: Patio

    • Window Features: Clear Impact Glass / Blinds

    • Living Area: 800

    • Water Source: Municipal Water

    • Subdivision Name: GREYNOLDS HIGHLANDS

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The multiple listing information is provided by the Miami Association of REALTORS® from a copyrighted compilation of listings. The compilation of listings and each individual listing are ©2026-present Miami Association of REALTORS®. All Rights Reserved. The information provided is for consumers' personal, noncommercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. All properties are subject to prior sale or withdrawal. All information provided is deemed reliable but is not guaranteed accurate, and should be independently verified. Listing courtesy of: Compass Florida LLC