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Kevin Mecabe

Florida Coastal Living
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727 5th Street N
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PRICED AT ONLY: $585,000

Address: 727 5th Street N, Lantana, FL 33462

Description

Lovely duplex on a large lot at the very end of a dead end street. This property produces over $38,000 in annual income. The two bedroom unit has Washer/Dryer Hookups. This property features central air conditioning and heat and hurricane protection for all windows. This CBS structure had a new roof installed approximately 5 years ago. All tenants are currently on a month to month basis. The identical unit next door needs to be sold together with this property. This nicely maintained duplex is in an excellent location. The units are easy to rent and provide a nice income stream. This beautiful property is the perfect choice for the smart investor.
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  •   Home Insurance $
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  • MLS#: RX-11000753 ( Duplex )
  • Street Address: 727 5th Street N
  • Viewed: 3
  • Price: $585,000
  • Price sqft: $0
  • Waterfront: No
  • Year Built: 1978
  • Bldg sqft: 0
  • Days On Market: 279
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Features
Building and Construction
  • Absolute Longitude: 80.055531
  • Construction: CBS
  • Exterior Features: Auto Sprinkler, Awnings, Fence, Room for Pool, Shutters
  • Flooring: Ceramic Tile
  • Roof: Comp Shingle
  • Sqft Source: Tax Rolls
  • Sqft Total: 1800.00
  • Total Building Sqft: 1600.00
Property Information
  • Property Condition: Resale
  • Property Group Id: 19990816212116581394000000
Land Information
  • Lot Description: < 1/4 Acre, 1/4 to 1/2 Acre
  • Subdivision Information: None
Eco-Communities
  • Private Pool: No
  • Storm Protection Accordion Shutters: Complete
  • Waterfront Details: None
Utilities
  • Carport Spaces: 0.00
  • Cooling: Central Individual
  • Heating: Central Individual
  • Number Of Stories: 1.0
  • Separate Elec Meters: Yes
  • Separate Wtr Meters: Yes
  • Utilities: Cable, Electric, Public Sewer, Public Water
Finance and Tax Information
  • Home Owners Association poa coa Monthly: 0.00
  • Homeowners Assoc: None
  • Income Expenses Annual Net Oper Inc: 26000.00
  • Income Expenses Annual Total Expense: 12000.00
  • Income Expenses Gross Operating Inc: 38000.00
  • Source Of Expenses: Owner
  • Tax Year: 2023
Rental Information
  • Tenant Pays: Cable, Electric, Insurance, Repairs, Sewer, Water
Other Features
  • Avail Info: Accounting, Deposit Last Month
  • Country: United States
  • Housing For Older Persons Act: No Hopa
  • Legal Desc: MANTYHARJU LOT 2 TR 2
  • Parcel Id: 40434434090020020
  • Possession: At Closing
  • Zoning: R15(ci
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Contact Info

Kevin Mecabe