Price Reduced 16.00%

$419,999 ($444.91 per sqft)

Est. Mortgage $2,069/mo *

Quick Pre-Approval

Price History

$499,999
3/25/2026

$489,999
4/6/2026

$479,999
4/6/2026

$459,999
4/13/2026

$454,999
4/20/2026

$439,999
4/30/2026

$429,999
5/5/2026

$419,999
5/11/2026


7871 TERRACE ROAD, Lantana, FL, 33462

7871 TERRACE ROAD, Lantana, FL, 33462

2 beds

1955

944 sqft

*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.


Status:

Active

Type:

Multi-family

Laundry Remarks:

None

Subdivision:

TROPICAL TERRACE

Heating:

None

Cooling:

Wall/Window Unit(s)

Acreage:

0.23

Est. Taxes:

$8,337

Construction

Stucco

Utilities

Public

Days on Market:

47

Appliances:

Convection Oven, Refrigerator

MLS #:

TB8490469


Community Info

School Info

Walk Score

Yelp


Listing courtesy of RICHARD PETERS REALTY LLC 352-448-9712