615 Lantana RdLantana, FL 33462

Property Details for 615 Lantana Rd

Year built

1962

Construction

WOOD

Lot size

0.14 AC

Property size (Sq ft)

408 SF

Zone code

C1

Property type

Grocery and convenience stores

APN

40-43-44-34-09-003-0260

APU

40434434090030260

Description

This exceptional commercial property at 615 W Lantana Road, Lantana, Florida presents a rare investment opportunity. The 408 square foot building sits on a 0.14-acre lot and has undergone a complete remodel. A brand-new roof was installed in 2025, ensuring long-term structural integrity. The property includes a valuable walk-in cooler, a key asset for food-related businesses. Currently operating as a thriving bakery, it boasts a steady customer base and holds a beer and wine license, expanding its revenue potential. This turnkey operation is ready for immediate income generation. The versatile space is ideally suited for a variety of businesses, offering the potential to continue as a bakery, transition into a convenience store, or accommodate a completely new venture. The prime location in Lantana ensures high visibility and accessibility, attracting a consistent flow of customers. This is a unique chance to acquire a profitable, established business with significant upside potential in a desirable Florida market. The asking price is $815,000. Serious inquiries only.

• CAP approach

  CAP return

  Valuation

  6%

  $139,544

  6.5%

  $128,810

  7%

  $119,609

• Comparable approach

  Method

  Valuation

  Relative Method

  $113,684

  Geo Method

  $113,684

• Alternative Use

  Use

  Valuation

  Industrial / Distribution

  $246,075

  Mixed-Use / Specialty

  $130,419

  Hospitality / Lodging

  $98,376.40

  Office

  $131,798

  Institutional / Educational

  $136,322

  Residential Income

  $159,497

  Multifamily

  $179,828

  Automotive / Energy

  $116,847

  Parking / Income-Based Land

  $38,279.60

  Restaurant / Food Service

  $72,245.10

  Healthcare / Senior Housing

  $131,621

Location Insight

City

Lantana

County

Palm Beach

State

Florida

Latitude

26.5871

Longitude

-80.057

CBSA code

33100

CBSA name

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

Property Tax & Assessments

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