421 N 5th Street 1, Lantana, FL 33462
$920,000
Property Type:
Commercial Sale
Square Footage:
6,711
Status:
Closed
Current Price:
$920,000
List Date:
7/23/2017
Last Modified:
5/25/2026
Overview
Description
Listing Details MLS# R10337429
General Property Information
- Property Sub Type
- Multi Family
- Number Of Units Total
- 16
- Building Area Main
- 6711
- Building Area Source
- Public Records
- Year Built
- 1960
- Lot Size Area
- 26136
- Lot Size Acres
- 0.6
- Stories
- Yes
Property Features
Building Features:
Free Standing
Documents Available:
Owner Managed
Electric:
Three Phase
Flooring:
Ceramic Tile
Heating:
Window/Wall
Location of Property:
City Location
Possession:
Negotiable
Property Condition:
Resale
Sale Includes:
Building; Land
Source Of Expenses:
Owner Provided
Construction Materials:
CBS
Cooling:
Wall/Window Unit(s)
Listing Terms:
Cash; Conventional
Roof:
Barrel; Composition; Mixed; Tar/Gravel
Security Features:
Smoke Detector(s)
Sewer:
Public Sewer
Structure Type:
Hotel/Motel
Utilities:
Cable Available
Water Source:
Public; Well
Showing Requirements:
Call Listing Agent; Occupied
Contingencies:
Inspection
Contract Information
- Comp Sale YN
- No
- Original List Price
- 999900
Location and Legal
- County Or Parish
- Palm Beach
- County Parish Name
- Palm Beach
- Street Number
- 421
- Street Direction Prefix
- N
- Street Name
- 5th
- Street Suffix
- Street
- Unit Number
- Yes
- City Name
- Lantana
- State Or Province
- FL
- Postal Code
- 33462
- Area
- 5640
- Geographic Area
- PB16
- Parcel Number
- 40434434090020170
- Zoning
- R15(ci
- Directions
- Lantana Road East to N 5th St. Turn North on N 5th St. Property on left.
- Property Description
- 16 Unit Multi Family
Financial Information
- Tax Annual Amount
- 12298.5
- Tax Year
- 2016
- Tax Legal Description
- MANTYHARJU LTS 17 TO 20 INC TR 2
Status Change Information
- Major Change Timestamp
- 2017-10-04T22:21:13Z
- Major Change Type
- Status Change
- Status Change Date
- 2017-10-04
- Under Contract Date
- 2017-07-28
- Close Date
- 2017-10-04
- Close Price
- 920000
- Buyer Financing
- Trade
More Information
Building and Property Details
- # Of Tenants
- 12
- # Of Toilets
- 16
- % Air Conditioned
- 100
- Maximum Ceiling Height
- 8
Income and Expenses
- Gross Income
- 107520
- Insurance Expense
- 3441
- Maintenance Expense
- 3779.1
- Net Operating Income
- 73713.23
- Operating Expense
- 33806.77
- Real Estate Taxes
- 12229
- Total Expenses
- 33806.77
- Utilities Expense
- 14784.09
Description of Unit Type 1
- Unit Type
- 1 Bedroom
- Units Total
- 5
- Full Baths
- 5
- Annual Rent
- 36480
Description of Unit Type 2
- Unit Type
- 1 Bedroom
- Units Total
- 5
- Full Baths
- 5
- Annual Rent
- 37680
Description of Unit Type 3
- Unit Type
- 1 Bedroom
- Units Total
- 2
- Full Baths
- 2
- Annual Rent
- 12240
Description of Unit Type 4
- Unit Type
- 1 Bedroom
- Units Total
- 4
- Full Baths
- 4
- Annual Rent
- 21120
Price Calculations
- Current Price To SqFt
- 137.08
- Original List Price To Close Price
- 1.08
Originating Details
- Originating System Key
- 20170524195542381778000000
- Originating System ID
- M00000170
Office/Member Information
- DXORIGMLSID
- RML
Electric
- Three Phase
- Yes
Flooring
- Ceramic Tile
- Yes
Property Condition
- Resale
- Yes
Documents Available
- Owner Managed
- Yes
Structure Type
- Hotel/Motel
- Yes
Location of Property
- City Location
- Yes
Possession
- Negotiable
- Yes
Sewer
- Public Sewer
- Yes
Utilities
- Cable Available
- Yes
Building Features
- Free Standing
- Yes
Heating
- Window/Wall
- Yes
Sale Includes
- Building
- Yes
- Land
- Yes
Construction Materials
- CBS
- Yes
Listing Terms
- Cash
- Yes
- Conventional
- Yes
Roof
- Barrel
- Yes
- Composition
- Yes
- Mixed
- Yes
- Tar/Gravel
- Yes
Security Features
- Smoke Detector(s)
- Yes
Water Source
- Public
- Yes
- Well
- Yes
Source Of Expenses
- Owner Provided
- Yes
Cooling
- Wall/Window Unit(s)
- Yes
Showing Requirements
- Call Listing Agent
- Yes
- Occupied
- Yes
Contingencies
- Inspection
- Yes
Listing Office:
Logan Realty Inc
Last Updated: May - 25 - 2026
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