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7871 TERRACE ROAD

Multi-family For Sale
$419,999

BTC: 6.56248438

ETH: 235.95449438

-$80K (2026/05/11)
70 days
2 bds
944 sqft

Overview

*Exceptional Turnkey Multi-Family Investment Opportunity *Discover a cash-flowing, income-producing asset perfectly positioned for the savvy investor or owner-operator. This 2-bedroom, 2-bathroom duplex delivers immediate rental income with remarkable upside potential. Unit A is currently vacant, but a recent tenant was paying $1,500 per month, while Unit B has been successfully operated as an Airbnb, grossing an impressive $31,000 last year. Both units have been freshly remodeled and feature modern laminate flooring throughout, stylish breakfast bars, and updated finishes that attract quality tenants and guests alike. Unit B showcases brand new wood cabinets and comes fully furnished, equipped with a coffee maker, microwave, couch, bed, two televisions, computer desk, and chair — meaning you can begin generating Airbnb income from day one with zero additional investment. Major capital improvements have already been completed, including a brand new roof installed in 2024 and two wall-mounted AC units added to each unit in 2024. These significant upgrades provide peace of mind and reduce future maintenance costs, allowing you to maximize your returns immediately. Whether you choose to continue the current dual-income strategy, convert both units to long-term rentals, or occupy one unit while the other pays your mortgage, the flexibility of this property is unmatched. Located in the desirable Lantana community with easy access to beaches, dining, and local attractions, this duplex is ideally suited for short-term rental demand. This property is easy to show and ready for its next owner. Schedule your private tour today and start building your real estate portfolio. No assignable contracts.

Location

Details

Type:
Residential Income
Parking:
No Data
Year Built:
1955
Lot:
0.23 Acres
Heating:
None
Price/sqft:
$445
Cooling:
Wall/Window Unit(s)
HOA:
No Data

Valuation

Recent sales nearby
30 public-records sales within 0.5 mi
Median actual sale: $261K
Not enough MLS comparables for a model estimate on this property. Public-records data shown instead.

Highlights

Annual tax
$8,337
2025
All facts and features
  • Flooring

    • Laminate

    Heating

    • None

    Cooling

    • Wall/Window Unit(s)

    Appliances

    • Convection Oven

    • Refrigerator

    Other interior features

    • Ceiling Fan(s)

    • Eating Space In Kitchen

    • Solid Surface Counters

    • Solid Wood Cabinets

    Bedrooms and bathrooms

    • Bedrooms: 2

  • Property

    • Exterior Features: Private Entrance

    Lot

    • Lot: 0.23 Acres

    Other Property Information

    • Parcel Number: 00434510070000870

    • Zoning: RM

  • Type and style

    • Property Type: Residential Income

    • Property Sub Type: Duplex

  • Utility

    • Public

  • Other financial information

    • Annual tax amount: $8,337

  • Source details

    • MLS ID: TB8490469

    Other facts

    • Construction Materials: Stucco

    • Foundation Details: Block

    • Laundry Features: None

    • Living Area: 944

    • Water Source: Public

    • Subdivision Name: TROPICAL TERRACE

Private inquiry
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The multiple listing information is provided by the Stellar MLS from a copyrighted compilation of listings. The compilation of listings and each individual listing are ©2026-present Stellar MLS. 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: RICHARD PETERS REALTY LLC