Duplex in 7871 Terrace Rd Lantana for sale with MLS# TB8490469
• 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.
7871 Terrace Rd, Lantana, FL 33462
- Price:
- $459,999.00
- Previous Asking Price:
- $479,999.00
- Original List Price:
- $499,999.00
- List Price per Sq Ft (Calculated, Approx.):
- $487.29
- Listing Type:
- For Sale
- Status:
- Active
- Listing Category:
- Residential Income (Multifamily 2-4)
- Property Type:
- Duplex
- MLS Number:
- TB8490469
- Bedrooms:
- 2
- Bathrooms Total:
- 2
- Living Area:
- 944 Sqft
- Lot Area:
- 10,000 Sqft
- Living Area Source:
- Public Records
- Lot Size Acres:
- 0.23
- Waterfront:
- No
- Appliances:
- Refrigerator, Convection Oven
- Interior:
- Eat-in Kitchen, Ceiling Fans(s), Solid Surface Counters, Solid Wood Cabinets
- Exterior:
- Private Entrance
- Air Conditioning System:
- Wall/window Unit(s)
- Other Equipment:
- Private Entrance
- Year Built:
- 1955
- Roof:
- Shingle
- Construction Materials:
- Stucco
- Flooring:
- Laminate
- Foundation Details:
- Block
- Flood Zone Code:
- X
- Tax Annual Amount:
- $8,337.00
- Tax Year:
- 2025
- Sewer:
- Public Sewer
- Utilities Available:
- Public
- Water Source:
- Public
- Subdivision Name:
- TROPICAL TERRACE
- Senior Community:
- No
- Listing Terms Considered by Seller:
- Cash, Conventional, FHA, VA Loan
- Tax Legal Description:
- TROPICAL TERRACE LTS 87 & 88
- Real Estate Folio Number (Parcel Number):
- 00-43-45-10-07-000-0870
- Zoning:
- RM
- Title to the property is held by owner as:
- Fee Simple
- Originally published on:
- March 25, 2026 4:41 pm
- Active on the market since:
- March 25, 2026
- Listing Agreement executed on:
- March 23, 2026
- Price change occurred on:
- April 13, 2026 2:49 pm
- Listing Status Last Changed On:
- March 25, 2026 4:41 pm
- Photos updated on:
- March 25, 2026 4:44 pm
- Last Modified:
- April 13, 2026 2:50 pm
- Courtesy of:
- RICHARD PETERS REALTY LLC
- Attribution:
- 352-448-9712
- Road Surface Type:
- Asphalt
- Street Name:
- TERRACE
- Street Number:
- 7871
- City:
- LANTANA
- State:
- Florida
- Zip Code:
- 33462
- County:
- Palm Beach
- Latitude:
- N26° 33' 34.1''
- Longitude:
- W81° 56' 33.7''
Neighborhood Stats
Source: U.S. Census Bureau, ACS 5-Year Estimates
Want to schedule an in-person or virtual tour? Have questions?
Want to schedule an in-person or virtual tour? Have questions?
Schedule a Tour or Ask a Question
Ver la propiedad 7871 Terrace Rd
