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About This Home

This 2-bedroom, 0-bathroom multi-family at 7871 TERRACE ROAD in Lantana, FL is listed for $419,999 ($445 per sqft). Built in 1955, the home offers 944 sqft of living space on a 0.23 acres lot.

Agent Description

*Exceptional Turnkey Multi-Family Investment Opportunity *Discover a cash-flowing, income-producing asset perfectly positioned for the savvy investor or owner-operator. This 2-bedroom, 2-bathroom duplex delivers immediate rental income with remarkable upside potential.

Unit A is currently vacant, but a recent tenant was paying $1,500 per month, while Unit B has been successfully operated as an Airbnb, grossing an impressive $31,000 last year. Both units have been freshly remodeled and feature modern laminate flooring throughout, stylish breakfast bars, and updated finishes that attract quality tenants and guests alike.

Unit B showcases brand new wood cabinets and comes fully furnished, equipped with a coffee maker, microwave, couch, bed, two televisions, computer desk, and chair — meaning you can begin generating Airbnb income from day one with zero additional investment.

Major capital improvements have already been completed, including a brand new roof installed in 2024 and two wall-mounted AC units added to each unit in 2024. These significant upgrades provide peace of mind and reduce future maintenance costs, allowing you to maximize your returns immediately.

Whether you choose to continue the current dual-income strategy, convert both units to long-term rentals, or occupy one unit while the other pays your mortgage, the flexibility of this property is unmatched. Located in the desirable Lantana community with easy access to beaches, dining, and local attractions, this duplex is ideally suited for short-term rental demand.

This property is easy to show and ready for its next owner. Schedule your private tour today and start building your real estate portfolio. No assignable contracts.

Key Features

  • Built in 1955
  • 0.23 acre lot

Property Details

1955

Monthly Cost Estimate

$2,246/mo

20% down · 6.5% · 30 years

Principal$304
Interest$1,820
Insurance$122

Estimates only. Actual payments may vary.

Location

7871 TERRACE ROAD

Lantana, FL 33462

TROPICAL TERRACE

Features & Amenities

Interior Features

Ceiling Fans(s)Eat-in KitchenSolid Surface CountersSolid Wood Cabinets

Exterior Features

Private Entrance

Property Details

Flooring

Laminate

Construction

Stucco

Cooling

Multi UnitsWall/Window Unit(s)Window Unit(s)

Appliances

Oven - ConvectionRefrigerator

Questions & Answers

This 2-bedroom, 0-bathroom multi-family at 7871 TERRACE ROAD is listed at $419,999 ($445/sqft). The estimated monthly payment is $1,820 based on 20% down at 6.5% interest.

Key features include: Built in 1955, 0.23 acre lot. Interior Features: Ceiling Fans(s), Eat-in Kitchen, Solid Surface Counters. Exterior Features: Private Entrance.

This property is listed by KEVIOUS DOUGLAS, LLC and can be reached at 8134171391 or kevious.realtor@gmail.com.

KL

KEVIOUS DOUGLAS, LLC

Agent at RICHARD PETERS REALTY LLC

(813) 417-1391

Listed by RICHARD PETERS REALTY LLC · View on Broker Site

MLS# TB8490469· Source: listhub· Updated 70 days ago

Copyright © 2026 Stellar MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

7871 TERRACE ROAD, Lantana, FL 33462

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