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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.
*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
Monthly Cost Estimate
$2,246/mo
20% down · 6.5% · 30 years
Estimates only. Actual payments may vary.
Location
7871 TERRACE ROAD
Lantana, FL 33462
TROPICAL TERRACE
Features & Amenities
Interior Features
Exterior Features
Property Details
Flooring
Construction
Cooling
Appliances
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.








