Map
Listed price in listed location currency (USD).
$499,999

220

MLS® TB8490469

Overview

Key Facts

Type Duplex
Levels Residential Income
Size 944 sqft
Garage No
Taxes $8,337
Days Active 0
Lot Size 0.23 acres
Approx. Age 1955
Avg. Price Per Sqft $529
MLS® Number TB8490469

Property Address: 7871 Terrace Rd, Lantana, FL, 33462-6145

Average square foot calculated using Size range provided by listing agent.

Description

*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.
MLS® NumberTB8490469
Laundry LevelNone
Central VacNo
FireplaceNo
Acreage0.23
Exterior
GarageNo
Approx. Age1955
Basement
Driveway
Garage Spaces
Heat
A/C
Heating Fuel

Extras

Price History

-End Date
Not Sold YetSold Price

For Sale

Mar 25, 2026List Date
$499,999List Price

Map

Like what you see?

Complete the form and we'll be in touch. No login necessary.

Add a Comment
Loading...

Similar Listings

Comparable Properties