Interior
- Bathrooms
- 0
Active · Retail
$479,000
888 E Coast Avenue, Lantana, FL 33462
- Beds
- —
- Baths
- 0
- Living area
- — sq ft
- $ / sq ft
- —
- Year built
- 1977
- Lot size
- 4,356 sq ft
- HOA fee
- —
- Annual tax
- —
About this property
Prime location alert! This free-standing retail building with unbeatable visibility along busy US1. This 1,202 sq. ft. property sits on a 4,582 sq. ft. lot and includes 10 parking spaces a rare find in this area. The building has been freshly repainted and offering strong curb appeal and excellent exposure to constant daily traffic. The location sits in the heart of a high-demand commercial corridor surrounded by national retailers, local shops, restaurants, hotels, and service businesses. It's a smart choice for investors looking for an income-producing commercial property or for business owners needing a stand-alone building with easy access. C-1 Zoning -Title: Allen Falk, PA -Roof - did a redone and roof inspection over 2 years -AC - over 2 years
Property location
Get Directions888 E Coast Avenue, Lantana, FL 33462
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Facts & features
Exterior & Structure
- Property type
- Retail
- Year built
- 1977
- Lot size
- 4,356 sq ft
Parking
Not provided in the MLS listing.
HOA, Community & Financials
- County
- Palm Beach
- MLS listing ID
- R11142257
- Listing status
- Active
Investment intelligence
Yield & ROI calculator
Pre-filled from this listing's price, HOA and tax record. Adjust anything to see returns update instantly.
Estimated monthly cash flow
-$937
- Cap rate
- 3.3%
- Net yield
- 3.3%
- Cash-on-cash return
- -8.4%
- Gross yield
- 6.6%
- Mortgage payment
- $2,271/mo
- Down payment
- $119,750
- Loan amount
- $359,250
- Annual NOI
- $16,004
Estimates only — includes 5% maintenance reserve and ~3% closing costs in cash invested. Verify taxes, HOA and insurance before making an offer.