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426 N 5th Street, Lantana FL 33462

Commercial For Sale
$949,000

BTC: 13.47532836

ETH: 451.90476190

-$51K (2026/07/09)
175 days
0 room(s)

Overview

TWO SEPARATELY USABLE PARCELS, RARE COASTAL INVESTMENT IN THE HEART OF LANTANA. R15 ZONING PLUS NEAR THE BEACH. Exceptional mixed-use opportunity just under 1/2 mile from the Atlantic Ocean, area beaches, and boat ramp. This unique offering includes a single-family CBS Arthur Rutenberg home in addition to this adjacent vacant lot, delivering immediate usability with significant redevelopment upside. Zoned R15, allowing up to 12 units, this property is ideally positioned for multifamily development in a rapidly evolving coastal corridor. The site directly abuts commercial zoning, creating a strong pathway for commercial or mixed-use conversion. Great flexibility for investors, developers, 1031 exchange, or land bankers. Opportunities with this level of density potential, location, and zoning flexibility are increasingly rare this close to the ocean. Both lots are 110x150 abutting commercial use on the south and East sides. Research has been done and a professional consultant outline for variance process and assurance of commercial conversion, to allow maximum flexibility for planned use.

Location

Details

Type:
Commercial Land
Parking:
No Data
Year Built:
No Data
Lot:
No Data
Heating:
No Data
Price/sqft:
No Data
Cooling:
No Data
HOA:
No Data

Valuation

Our model vs. what's actually selling nearby.
Estimate
$650,000
$163K – $34.6M
Confidence Low
List vs. estimate
$299K above estimate
List $949,000 · +46.0%
Our model says this listing is priced above recent comparable activity. Room to negotiate.
Based on
23 MLS comparables
+ 30 public-records sales within 0.5 mi
Median actual sale: $304K
Median of recent comparable listings. Sold comps use closing price, active listings use list price.

Highlights

Annual tax
$2,070
2025
All facts and features
  • Other Property Information

    • Parcel Number: 40434434090010310

    • Zoning: R15

  • Type and style

    • Property Type: Commercial Land

    • Property Sub Type: Agriculture

  • Utility

    • Cable Connected

    • Electricity Connected

    • Sewer Connected

    • Water Connected

    • Cable Available

    • Electricity Available

    • Sewer Available

    • Water Available

  • Other financial information

    • Annual tax amount: $2,070

  • Source details

    • MLS ID: R11166195

    Other facts

    • Lot Features: Beach Area / City Location / Home / Beach Access / Fenced

    • Direction Faces: West

    • Water Source: Public

    • Subdivision Name: MANTYHARJU LANTANA IN

Private inquiry
Talk to the advisor on this listing.
Floor plans, HOA docs, off-market comparables, scheduling a private showing — one message, direct to the local specialist.

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Market around this address

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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: Keller Williams Realty - Welli