Basic Information

  • Type Multi Family
  • Status Closed
  • Year Built 1969
  • Total Sqft 12,323
  • Date Listed 06/25/2022
  • Days on Market 66
Description

Well maintained 2-story 14-unit garden style 7,244 sq ft apartment building. All units are 1BR1BA average 500 square feet. The onsite laundry room has 2 washers 2 dryers. There is a 2nd floor storage room. Freshly seal coated parking lot! The newest leases are at 1,300-1,400month. With its close proximity to areas of interest, turn 1+ units into short term rentals to obtain even higher rental ratesROI. The courtyard may be altered to add amenities. Under 4 miles away is Palm Beach State College, making student housing another option. With JFK Hospital 3.5 miles away, traveling nurses have rented apartments. This multifamily already has been approved for condo conversion should the new owner decide to move forward with that option. Do not disturb tenants. Shown by appointment only.

Amenities

Exterior Features

  • Waterfront No
  • Parking Spaces 0
  • Pool No
  • Parking Description Assigned, Guest
  • Style Multi Family

Interior Features

  • Adjusted Sqft 12,323Sq.Ft
  • Floor Description Carpet, Tile, Vinyl
  • Sqft 12,323 Sq.Ft

Property Features

  • Address 525 S Broadway
  • Aprox. Lot Size 12,323
  • Furnished Info no
  • Listing Terms Cash, Conventional
  • Subdivision Complex
  • Subdivision Info
  • Tax Amount $23,709
  • Tax Legal desc PINE STREET HOMESITES LTS 1 2 BLK 22
  • Tax Year 2021
  • Terms Considered Cash, Conventional
  • Type of Property Multi Family

525 S Broadway

Lantana, FL 33462

The multiple listing information is provided by the Miami Association of Realtors® from a copyrighted compilation of listings. The compilation of listings and each individual listing are ©2023-present Miami Association of Realtors®. All Rights Reserved. The information provided is for consumers' personal, noncommercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. All properties are subject to prior sale or withdrawal. All information provided is deemed reliable but is not guaranteed accurate, and should be independently verified. Listing courtesy of: United Realty Group Inc. tel: 954 450-2000

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