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888 E Coast Ave, Lantana, FL 33462
$675,000
888 E Coast Ave, Lantana, FL 33462View this property at 888 E Coast Ave, Lantana, FL 33462
888 E Coast AveLantanaFL33462
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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.
Full Property Details
Full Property Details for 888 E Coast Ave
General
- Price: $675,000
- Taxes: $4,598 (2023)
- Status: Active
- Type: Retail
- MLS ID: A11506135
- Updated: 4/14/2024
- Added to Site: 123 day(s) ago
Rental Information
- Approvals: Unapproved
- Lease Info: NNN
Additional Information
- Security/Safety: Other Fire Protection, Security System
Parking
- Total Spaces: 10
- Parking Features: Assigned, Free Parking, Other
Location
- County: Palm Beach County
- Driving Directions: Take exit 60 from I-95 N, Continue to Hypoluxo Rd, take S Broadway to E Coast Ave in Lantana.
Community
- Units Assoc/Comm: 1
Heating & Cooling
- Air Conditioning: Yes
- Cooling Type: Central Building A/C
- Heating Type: Central Electric, Central Building A/C
Utilities
- Sewer: Public Sanitation
- Water: Public
Structural Information
- # Buildings: 1
- Structure Type: Commercial, Free Standing
- Detached/Attached: Detached
- Construction: CBS Construction
- Roof: Other
- Stories/Levels: 1
- Building Size: 1202
- Current Bldg. Use: Retail
- Year Built: 1977
- Other Struct. Feat.: Automobile Traffic
Unit Information
- Units in Complex: 1
Lot Features
- Lot Size (Sq. Ft.): 4,582
- Lot Features: Commercial Park, Shopping Center
Financial Considerations
- Tax Amount: $4,598
- Tax Year: 2023
- Terms: Other Lease Terms, All Cash, Cash
- Tenant Pays: A/C & Heating Maintenance, Grounds Care, Inside Insurance, Lawn Care, Real Estate Tax, Trash Collection
Disclosures and Reports
- Buyer’s Brokerage Compensation: 3%
- Ownership: Corporation
- Special Conditions: Sale
- Documents Avail.: Copy Of Lease(S), Photos, Rent Rolls, Title/Abstracts
- 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
- Inclusions: Building & Land
- Property ID: 40434503150130010
Listed by Young Realty, LLC
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Schools
Schools serving 888 E Coast Ave
School District:Palm Beach Schools
Rating | Name | Grades | Distance |
---|---|---|---|
710 W Ocean Ave, Lantana, FL 33462 | PK-5 | 0.6 mi | |
1225 W Drew St, Lantana, FL 33462 | 6-8 | 0.6 mi | |
1701 Lake Worth Rd, Lake Worth, FL 33460 | 9-12 | 2.7 mi |
Disclaimer: School ratings provided by
GreatSchools. Ratings are on a scale of 1-10.
Learn more about GreatSchools ratings.
School attendance boundaries provided by Pitney Bowes and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 888 E Coast Ave
Date
Details
Price
Change
Source
4/14/2024
Price Reduced
$675,000
-0.74%
MLS
2/25/2024
Price Reduced
$680,000
-1.45%
MLS
1/02/2024
Price Reduced
$690,000
-1.43%
MLS
12/28/2023
Listed
$700,000
27.27%
MLS
6/19/2023
Sold
$550,000
—
Public Record
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Tax History
Tax History for 888 E Coast Ave
Year
Property Taxes
Change
Tax Assessment
Change
2023
$4,598
62%
$220,905
73%
2021
$2,836
-10%
$127,897
-16%
2022
$3,149
11%
$153,059
18%
2021
$2,836
—
$129,267
4%
2019
$2,823
5%
$124,765
3%
2018
$2,683
—
$121,266
2%
2017
$2,685
2%
$119,327
4%
2016
$2,622
6%
$115,116
10%
2015
$2,467
3%
$104,651
5%
2014
$2,399
3%
$99,619
4%
2013
$2,324
—
$95,819
—
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Estimate the Cost
Estimate the Cost for 888 E Coast Ave
888 E Coast Ave, Lantana, FL 33462 (MLS# A11506135) is a Retail property. 888 E Coast Ave is currently listed for $675,000 and was received on December 28, 2023. Want to learn more about 888 E Coast Ave? Do you have questions about finding other Retail real estate for sale in Lantana? You can browse all Lantana real estate or contact a Coldwell Banker agent to request more information.