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About This Home

This 0-bedroom, 0-bathroom commercial at 426 N 5th Street in Lantana, FL is listed for $950,000. on a N/A lot.

Agent Description

OWNER FINANCING POSSIBILITIES MAKE THIS A PRIME DEVELOPMENT OPPORTUNITY, RARE COASTAL INVESTMENT IN THE HEART OF LANTANA. R15 ZONING PLUS NEAR THE BEACH. Exceptional mixed-use opportunity just under 1/4 mile from the Atlantic Ocean and area beaches. This unique offering includes a single-family residence plus an adjacent vacant lot, delivering immediate usability with significant redevelopment upside.

Zoned R15, allowing up to 12 units, this property is ideally positioned for multifamily development in a rapidly evolving coastal corridor. The site directly abuts commercial zoning, creating strong pathway for commercial or mixed-use conversion. Great flexibility for investors and developers.

Opportunities with this level of density potential, location, and zoning flexibility are increasingly rare this close to the ocean.Both lots are 100x150 abutting commercial use on South side and East side. Research has been done and a professional consultant outline for variance process and assurance of commercial conversion, to allow maximum flexibility for planned use.

Monthly Cost Estimate

$5,081/mo

20% down · 6.5% · 30 years

Principal$687
Interest$4,117
Insurance$277

Estimates only. Actual payments may vary.

Location

426 N 5th Street

Lantana, FL 33462

MANTYHARJU LANTANA IN

Questions & Answers

This 0-bedroom, 0-bathroom commercial at 426 N 5th Street is listed at $950,000. The estimated monthly payment is $4,117 based on 20% down at 6.5% interest.

This property is listed by Lynell Diane D. Harbison and can be reached at 5613016557 or diane@dianeharbison.com.

LH

Lynell Diane D. Harbison

Agent at Keller Williams Realty - Welli

(561) 301-6557

Listed by Keller Williams Realty - Welli · View on Broker Site

MLS# R11166195· Source: listhub· Updated 97 days ago

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426 N 5th Street, Lantana, FL 33462

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