602 Lantana RdLantana, FL 33462

Property Details for 602 Lantana Rd

Year built

1987

Construction

CONCRETE

Lot size

0.15 AC

Property size (Sq ft)

2,400 SF

Zone code

C1

Property type

Office properties

Property subtype

Office buildings

APN

40-43-45-03-10-006-0010

APU

40434503100060010

Description

This 600-square-foot office space is available for sublease at 602 W Lantana Road, Lantana, FL 33462 (APN: 4043450310006001). The property is zoned C1 and features a single-tenant occupancy within a single-suite building. The office boasts a professional layout including a private office, a conference room, built-in desks in the main area, a kitchenette, and a bathroom. Benefit from excellent visibility and exposure on Lantana Road. The current sublease expires February 28, 2025, with the possibility of renewal subject to landlord approval. Monthly rent is $1,600 plus $170 in NNN charges and $48 in sales tax, totaling $1,818. Landlord approval is required for all potential tenants, contingent upon credit and background checks. A first month's rent, last month's rent, and a one-month security deposit are required. All information is believed to be accurate but is subject to verification and potential errors or omissions. Lot size is not available.

• CAP approach

  CAP return

  Valuation

  6%

  $741,078

  6.5%

  $684,072

  7%

  $635,210

• Comparable approach

  Method

  Valuation

  Relative Method

  $643,008

  Geo Method

  $643,008

• Alternative Use

  Use

  Valuation

  Residential

  $848,249

  Hospitality

  $776,992

  Educational

  $646,448

  Medical

  $668,680

  Retail

  $1,005,586

Location Insight

City

Lantana

County

Palm Beach

State

Florida

Latitude

26.5866

Longitude

-80.0565

CBSA code

33100

CBSA name

MIAMI-FORT LAUDERDALE-MIAMI BEACH, FL METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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