Home » Lantana » 888 E Coast Ave, Lantana, FL 33462 | A11506135

888 E Coast Ave, Lantana, FL 33462 | For Sale

$650,000
Price has decreased by $50,000

Property Highlights

Listing ID A11506135 Status of this Listing: Active For Sale Property Type Commercial Sale Retail Building Area 1,202 Sqft/111.67 m2 approx. Lot area 4,582 Sqft/425.68 m2 approx. Year Built 1977 Time of this property on Rebonus 245 Day(s)
9 Photos of this Property

888 E Coast Ave, Lantana, FL 33462

Property Description: Great investment opportunity for a free-standing retail property, 888 E Coast Ave, Lantana, FL with good visible exposure to US1. The location benefits from being in a strong commercial corridor surrounded by national and local tenants including hospitality accommodations. The property sits on a 4,582 sf lot with 10 parking spaces. The building was recently renovated and repainted. Currently rented for $3,500/m, absolute net, year-to-year lease. Please do not disturb the tenant. Call agent for questions or showings.

Useful Info

Previous Asking Price:$675,000
Original List Price:$700,000

Lease Details

Lease Terms Description:Other Lease Terms,Triple Net Lease

Land Lot (Parcel) Details

Lot Size Unit:Square Feet

Construction

Number of Buildings:1
Architectural Style:
  • Detached
Levels:One
Construction Materials:
  • Block
Stories:1
Road Frontage Type:
  • City Street
  • State Road

Property Features

Waterfront:No
Security:
  • Security System
  • Other
Roof:
  • Other
Air Conditioning:Yes
Air Conditioning System:
  • Central Air
Heating:Yes
Heating System:
  • Central
  • Electric

Taxes and Expenses

Tax Annual Amount:$4,598

Property Tax Notice for Buyers: Do not rely on the current property taxes paid by the seller, as your tax liabilities may increase following the sale. Transferring ownership or making improvements to the property often triggers tax reassessments, which could raise the amount you owe. If you have questions regarding property valuation, please contact the County Property Appraiser’s Office.

Tax Year:2023

Terms

Documents Available:
  • Ground Photo
  • Rent Rolls
  • Lease
  • Title
Listing Terms Considered by Seller:
  • Cash
  • Other
Occupant Type:
  • Tenant
Buyer Possession:
  • Close Of Escrow
Lease Term:
  • Other
Tenant Pays:
  • Hvac Maintenance
  • Insurance
  • Taxes
  • Trash Collection
  • Grounds Care
Lease Considered:No

Community

Senior Community:No

Parking

Parking Total Spaces:10
Covered Spaces:0
Parking Features:
  • Assigned
  • Free Parking
  • Other

Utilities

Number of Separate Electric Meters:1
Sewer:
  • Public Sewer
Water Source:
  • Public

More Details

Other Information:
Flood Zone : X
Common Area Maintenance Includes: A/C & Heating Maintenance,Real Estate Tax,Trash Removal
FEMA Flood Zone Designations: X
Municipal Code: 40
Subdivision Number: 15

Zoning and Legal

Tax Legal Description:GREYNOLDS HIGHLANDS LTS 1 & 2 BLK 13 & ELY 40 FT ABND EAST COAST AVE R/W AS IN OR12553P326 LYG W OF & ADJ TO
Real Estate Folio Number (Parcel Number):40434503150130010
Public Survey Township:40
Public Survey Range:40
Title to the property is held by owner as:
  • Corporation

Listing History

Update/EventDate/Days
Published Date:December 28, 2023 11:05 pm
On Market Date:December 28, 2023
Price Change Date Time:August 15, 2024 9:30 am
Last Important Update Description:Price Change
Date and Time of Last Important Update:August 15, 2024 9:30 am
Status Last Changed:May 29, 2024 10:09 am
Photos Last Modified:May 29, 2024 2:35 pm
Last Modified:August 15, 2024 1:38 pm
Days on the Market Reference Date:August 15, 2024
Days on the Market (updated on Last Modified*):230
Cumulative Days on the Market (updated on Last Modified**):384

Additional Information

Lot Size Range:1/4 Acre Or Less
Number of Photos Count:9
Area:5640
Ref ID:1053994537
Courtesy of:Young Realty, LLC
Universal Property Id:US-12099-N-40434503150130010-R-N

Location

Show Property Address:Yes
Street Name:Coast Ave
Street Number:888
Street Direction Prefix:E
Street Address:888 E Coast Ave
City : Lantana
State : Florida
Zip Code : 33462
County : Palm Beach County
Full Address:888 E Coast Ave, Lantana, FL 33462
Latitude:N26° 34' 39.2''
Longitude:W81° 56' 46.2''

Neighborhood

Postal City:Lantana

Property Map