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Presented by
Heather Ferrari Homes |
112 Prospect Road, Lantana, FL, 33462 | $579,000
DUPLEX in the desirable East Lantana Beach area! A rare opportunity to own a multi-family property east of Federal Highway, where inventory is low and demand is high. This duplex features a split yard and offers incredible flexibility—live in one side and rent the other, or use it as a full-income property. Located within walking distance to the beach, popular restaurants, the boat ramp, fishing bridge, kayak launch, and beautiful nature preserves, this property captures the best of true South Florida living. One side has been updated, offering a spacious 2-bedroom, 2-bathroom layout with modern kitchen cabinets and comfortable living space. The other side is a charming 1-bedroom, 1-bathroom unit with a roomy design and mostly original features—perfect for customizing or renting as-is. With no HOA and a neighborhood that welcomes both long-term and short-term rentals, this is an investor's dream. Lantana is a hidden gem, one of the last authentic coastal communities in South Florida. Don't miss this opportunitycall now for more information.
Features
- Amenities: None
- Baths: 3 full
- Units: 2
- Lot Size: .17
- Year Built: 1953
- Heating: Central
- Cooling: Central Air
- Approx Sq. Feet: 1,377
- Lot Size: .17
- Est. Taxes: $7,850
- Boat Service: Parking
- Tenant Pays: Cable TV, Electricity, Water
- MLS#: RX-11145515
- Website: https://www.raveis.com
/prop/RX-11145515/112prospectroad_lantana_fl?source=qrflyer
All listings featuring the BMLS logo are provided by BeachesMLS Inc. This information is not verified for authenticity or accuracy and is not guaranteed.
William Raveis Family of Services
Our family of companies partner in delivering quality services in a one-stop-shopping environment. Together, we integrate the most comprehensive real estate, mortgage and insurance services available to fulfill your specific real estate needs.
Heather Ferrari HomesSales Associates
917.609.5557
HeatherFerrariHomes@raveis.com
Our family of companies offer our clients a new level of full-service real estate. We shall:
- Market your home to realize a quick sale at the best possible price
- Place up to 20+ photos of your home on our website, raveis.com
- Provide frequent communication and tracking reports showing the Internet views your home received on raveis.com
- Showcase your home on raveis.com with a larger and more prominent format
- Give you the full resources and strength of William Raveis Real Estate, Mortgage & Insurance and our cutting-edge technology
To learn more about our credentials, visit raveis.com today.
Andrew van DykVP, Mortgage Banker, William Raveis Mortgage, LLC
NMLS Mortgage Loan Originator ID 23716
781.490.5670
Andrew.vanDyk@raveis.com
Our Executive Mortgage Banker:
- Is available to meet with you in our office, your home or office, evenings or weekends
- Offers you pre-approval in minutes!
- Provides a guaranteed closing date that meets your needs
- Has access to hundreds of loan programs, all at competitive rates
- Is in constant contact with a full processing, underwriting, and closing staff to ensure an efficient transaction
Nicole DelaneyInsurance Sales Director, William Raveis Insurance
781.724.3515
Nicole.Delaney@raveis.com
Our Insurance Division:
- Will Provide a home insurance quote within 24 hours
- Offers full-service coverage such as Homeowner's, Auto, Life, Renter's, Flood and Valuable Items
- Partners with major insurance companies including Chubb, Kemper Unitrin, The Hartford, Progressive,
Encompass, Travelers, Fireman's Fund, Middleoak Mutual, One Beacon and American Reliable
112 Prospect Road, Lantana, FL, 33462
$579,000
Heather Ferrari Homes
Sales Associates
William Raveis Real Estate
Phone: 917.609.5557
HeatherFerrariHomes@raveis.com
Andrew van Dyk
VP, Mortgage Banker
William Raveis Mortgage, LLC
Phone: 781.490.5670
Andrew.vanDyk@raveis.com
NMLS Mortgage Loan Originator ID 23716
|
5/6 (30 Yr) Adjustable Rate Conforming* |
30 Year Fixed-Rate Conforming |
15 Year Fixed-Rate Conforming |
|
|---|---|---|---|
| Loan Amount | $463,200 | $463,200 | $463,200 |
| Term | 360 months | 360 months | 180 months |
| Initial Interest Rate** | 5.500% | 5.990% | 5.375% |
| Interest Rate based on Index + Margin | 8.125% | ||
| Annual Percentage Rate | 6.197% | 6.156% | 5.609% |
| Monthly Tax Payment | $654 | $654 | $654 |
| H/O Insurance Payment | $92 | $92 | $92 |
| Initial Principal & Interest Pmt | $2,630 | $2,774 | $3,754 |
| Total Monthly Payment | $3,376 | $3,520 | $4,500 |
* The Initial Interest Rate and Initial Principal & Interest Payment are fixed for the first and adjust every six months thereafter for the remainder of the loan term. The Interest Rate and annual percentage rate may increase after consummation. The Index for this product is the SOFR. The margin for this adjustable rate mortgage may vary with your unique credit history, and terms of your loan.
** Mortgage Rates are subject to change, loan amount and product restrictions and may not be available for your specific transaction at commitment or closing. Rates, and the margin for adjustable rate mortgages [if applicable], are subject to change without prior notice.
The rates and Annual Percentage Rate (APR) cited above may be only samples for the purpose of calculating payments and are based upon the following assumptions: minimum credit score of 740, 20% down payment (e.g. $20,000 down on a $100,000 purchase price), $1,950 in finance charges, and 30 days prepaid interest, 1 point, 30 day rate lock. The rates and APR will vary depending upon your unique credit history and the terms of your loan, e.g. the actual down payment percentages, points and fees for your transaction. Property taxes and homeowner's insurance are estimates and subject to change.
William Raveis Mortgage, LLC, NMLS ID 2630, 7 Trap Falls Road, Shelton, CT 06484
FL Mortgage Lender MLD1388