7871 Terrace Road, Lantana, FL 33462
Local realty services provided by:ERA ONETEAM REALTY
Listed by: kevious douglas, llc.
Office: richard peters realty llc.
MLS#:TB8490469
Source:MFRMLS
Price summary
- Price:$419,999
- Price per sq. ft.:$444.91
About this home
*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....
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Home facts
- Year built:1955
- Listing ID #:TB8490469
- Added:1 day(s) ago
- Updated:May 21, 2026 at 11:50 AM
Rooms and interior
- Bedrooms:2
- Total bathrooms:2
- Flooring:Laminate
- Dining Description:Eat In Kitchen
- Kitchen Description:Convection Oven, Eat-in Kitchen, Refrigerator, Solid Surface Counters, Solid Wood Cabinets
- Basement Description:Block
- Living area:944 sq. ft.
Heating and cooling
- Cooling:Wall/Window Unit(s)
Structure and exterior
- Roof:Shingle
- Year built:1955
- Building area:944 sq. ft.
- Lot area:0.23 Acres
- Construction Materials:Stucco
- Foundation Description:Block
- Levels:1 Story
Utilities
- Water:Public
- Sewer:Public, Public Sewer
Finances and disclosures
- Price:$419,999
- Price per sq. ft.:$444.91
- Tax amount:$8,337 (2025)
Features and amenities
- Appliances:Convection Oven, Refrigerator
- Amenities:Ceiling Fans(s), Eat-in Kitchen, Solid Surface Counters, Solid Wood Cabinets
- Pool features:Public Pool
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