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406 W Ocean Avenue # A, Lantana, FL 33462 (MLS# R9990689)

406 W Ocean Avenue # A, Lantana, FL 33462

$158,300
Property Type: Residential Income Square Footage: 1,608 Status: Closed
Current Price: $158,300 List Date: 11/04/2013 Last Modified: 5/27/2026

Overview

Description

REDUCED!! REDUCED!! Investors Wanted!! Always Rented Duplex!! Positive Cash Flow!! Walking Distance to Everything..Beach, Library, Outdoor Restaurants, Parks, Shopping. Very Desirable Location!! One side of Duplex has Deep Garage which can Increase Rent. Both Tenants have Large Private Backyards with decks! Separate Parking for Tenants. Don't want the hassle of Multiple Tenants..Look No Further! These Tenants Stay for Longevity!! Each Tenant pays for their own Water and Electric! Don't Miss Out! This Won't Last Long Clerical Error with List Price.. Listed for $184,900

Listing Details MLS# R9990689

General Property Information

Number Of Units Total
2
Property Sub Type
Duplex
Building Area Main
1608
Building Area Source
Public Records
Living Area Main
1132
Year Built
1950
Senior Community YN
No
Outdoor Living Spaces YN
Yes
Stories
Yes
Pool Private YN
No
LP/Assessed Value
1.91

Property Features

Association Amenities: Library Documents Available: Copy Of Lease(s); Deposit - Last Months Rent; Deposit - Security Fencing: Fenced Flooring: Ceramic Tile; Wood Tenant Pays: Cable TV; Electricity; Water Source Of Expenses: Owner Provided Construction Materials: CBS Cooling: Wall/Window Unit(s) Heating: Window/Wall Laundry Features: Outside; Washer Hookup; Dryer Hookup Listing Terms: Cash; Conventional Lot Features: Interior Lot; Sidewalks Possession: Negotiable Restrictions: No Restrictions Roof: Composition Sewer: Public Sewer Special Information: Sold As-Is Tax Information: City/County Utilities: Electricity Available; Sewer Available View: Other Water Access: None Showing Requirements: 24 Hour Notice; Call Listing Agent; Occupied Outdoor Living Spaces: Deck Unit 1 Appliances: Range; Refrigerator Unit 1 Parking Features: Parking Space Unit 2 Appliances: Range; Refrigerator Unit 2 Parking Features: Parking Space

Contract Information

Comp Sale YN
No
Original List Price
284500

Location and Legal

County Or Parish
Palm Beach
County Parish Name
Palm Beach
Street Number
406
Street Direction Prefix
W
Street Name
Ocean
Street Suffix
Avenue
Unit Number
# A
City Name
Lantana
State Or Province
FL
Postal Code
33462
Postal Zip
33462
Subdivision Name
Lantana Amnded Plat
Area
5640
Geographic Area
PB16
Special Assessment YN
No
Parcel Number
40434503100140020
Zoning
Income
Directions
Lantana Road East to Broadway South to Ocean Ave
Multiple Offers Accepted
Yes

Financial Information

Tax Annual Amount
2139.59
Tax Year
2012
Tax Assessed/SOH Value
89141
Tax Legal Description
Amended Plat of Lantana Lt 2 Blk 14

Status Change Information

Major Change Timestamp
2014-06-05T13:46:05Z
Major Change Type
Status Change
Price Change Timestamp
2014-02-07T22:58:31Z
Status Change Date
2014-06-05
Under Contract Date
2014-03-14
Close Date
2014-04-03
Close Price
158300
Buyer Financing
Cash

More Information

Meter Information

Separate Electric Meters YN
Yes
Separate Water Meters YN
Yes

Short Sale Details

Short Sale Addendum
No

Income and Expenses

Annual Total Expense
4348.32
Gross Income
20400
Net Operating Income
16051.68

Unit 1 Details

Actual Rent
850
Baths Full
Yes
Baths Half
Yes
Furnished
Furnished
SqFt
800

Unit 2 Details

Actual Rent
850
Baths Full
Yes
Furnished
Furnished
SqFt
800

Unit 2 Parking Details

Garage YN
Yes
Attached Garage YN
No

Price Calculations

Current Price To SqFt
139.84
Original List Price To Close Price
1.79

Originating Details

Originating System Key
20131104135509597918000000
Originating System ID
M00000170

Office/Member Information

DXORIGMLSID
RML

Association Amenities

Library
Yes

Flooring

Ceramic Tile
Yes
Wood
Yes

Special Information

Sold As-Is
Yes

Documents Available

Copy Of Lease(s)
Yes
Deposit - Last Months Rent
Yes
Deposit - Security
Yes

Fencing

Fenced
Yes

Tenant Pays

Cable TV
Yes
Electricity
Yes
Water
Yes

Possession

Negotiable
Yes

Sewer

Public Sewer
Yes

Utilities

Electricity Available
Yes
Sewer Available
Yes

View

Other
Yes

Heating

Window/Wall
Yes

Water Access

None
Yes

Construction Materials

CBS
Yes

Laundry Features

Outside
Yes
Washer Hookup
Yes
Dryer Hookup
Yes

Listing Terms

Cash
Yes
Conventional
Yes

Lot Features

Interior Lot
Yes
Sidewalks
Yes

Roof

Composition
Yes

Source Of Expenses

Owner Provided
Yes

Cooling

Wall/Window Unit(s)
Yes

Showing Requirements

24 Hour Notice
Yes
Call Listing Agent
Yes
Occupied
Yes

Restrictions

No Restrictions
Yes

Tax Information

City/County
Yes

Outdoor Living Spaces

Deck
Yes

Unit 1 Appliances

Range
Yes
Refrigerator
Yes

Unit 1 Parking Features

Parking Space
Yes

Unit 1 Patio/Porch

Patio/Porch
Yes

Unit 2 Appliances

Range
Yes
Refrigerator
Yes

Unit 2 Parking Features

Parking Space
Yes

Unit 2 Patio/Porch

Patio/Porch
Yes

Unit 3 Details

Actual Rent
0
SqFt
0

Unit 4 Details

Actual Rent
0
SqFt
0
Listing Office: Champagne & Parisi Real Estate
IDX
Last Updated: May - 27 - 2026
This information is not verified for authenticity or accuracy and is not guaranteed and may not reflect all real estate activity in the market. Copyright 2026 Beaches Multiple Listing Service, Inc. All rights reserved. Information Not Guaranteed and Must Be Confirmed by End User. Site contains live data.

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