For Sale
$2,045,000

517 Greynolds CirLantana, FL 33462

Eight Units, High Cash Flow, Prime Location

Overview

Added:
Feb 3
Days on market:
60
This exceptional investment opportunity presents two adjacent four-plex properties situated on separate 0.46-acre parcels in desirable Lantana, Florida. The combined property boasts eight rental units, generating a substantial annual gross profit of $161,580. Currently, all units are occupied by tenants, providing immediate and stable cash flow. The property's enviable location places it in close proximity to the beautiful Lantana Beach, nestled between Manalapan and Palm Beach. This prime location offers easy access to a vibrant array of restaurants and shopping options. Lantana, once a hidden gem, is experiencing increased recognition and growth, making this a particularly attractive investment. The combined property offers a significant return on investment with its strong rental income and strategic location. All measurements are approximate. Please respect the privacy of the tenants and refrain from disturbing them. Drive-by viewing only. This is a rare opportunity to acquire a multifamily property with proven profitability in a highly sought-after coastal location. The property's strong performance and prime location make it an ideal addition to any investment portfolio. Serious inquiries only.

Property Details for 517 Greynolds Cir

Property type
Multifamily properties
Year Built
1956
Lot Size (sq. ft)
20,038 SF

Location Insight

City
Lantana
County
Palm Beach
State
Florida
Latitude
26.57785
Longitude
-80.05582
517 Greynolds Cir, Lantana, Florida

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517 Greynolds Cir
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