516 Arnold Avenue

Lantana, FL 33462
Square Ft.
2,516
$1,100,000
Great income property for your portfolio. 4 Unit single parcel property split into 2 duplex buildings. 3 1-BR units facing South Arnold Ave and a 2-BR unit facing West Branch St. with a long driveway. Fully rented with leases in place. Close to Beach, highways and local restaurants.
Market LogoCourtesy of Keyes - Boca East 561-501-1001
Listing Snapshot
Days Online
1
Last Updated
Property Type
Quad Plex
Square Ft.
2,516
Lot Size
0.23 Acres
Year Built
1961
MLS Number
RX-11109328
30 Days Snapshot Of 33462
$1.04M
+47%
(avg) sold price
23
+4%
homes sold
109
-2%
(avg) days on market
Snapshot
Area Map
Additional Details
Building
2,516 total living square feet, 3,814 total square feet, Built in 1961, 1 story, 4 units in building, Year built description: Resale, Square footage source: Tax Rolls, Unit 1 is 1,100 square feet, Unit 2 is 900 square feet, Unit 3 is 700 square feet, Unit 4 is 700 square feet, CBS, A/C Unit, Kitchen, Range - Electric, Refrigerator, Stack Bedrooms, A/C Unit, Kitchen, A/C Unit, Kitchen, A/C Unit, Kitchen
Cooling
Wall-Win A/C
Exterior Features
None
Floors
Terrazzo Floor
Heating
No Heat
Home Owner's Association
HOA fee per month: $0
Interior Features
Unit 1 furnished?: No, Unit 2 furnished?: No, Unit 3 furnished?: No, Unit 4 furnished?: No
Lot
9,932 lot square feet, < 1/4 Acre, West of US-1
Miscellaneous
Business type: None, Unit 1 monthly income: $2,300, Unit 2 monthly income: $1,700, Unit 3 monthly income: $1,600, Unit 4 monthly income: $1,600, Gross operating income: $84,000, Annual total expense: $20,000, Annual net operating income: $64,000, Cable, Electric, Sewer, Water, Cash, Conventional, VA
Parking
Carport - Attached, Carport - Attached, Carport - Attached, Carport - Attached
Property
Property type: B, Zoning: R15(ci, Waterfront: No, Garden, None
Roof
Comp Shingle
Taxes
Real estate taxes: $16,641, Tax year: 2024, City/County, No Homestead
Utilities
5.00 meter, Cable, Electric, Public Sewer, Public Water
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Scott Castro
REALTOR®
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