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498 W DREW Street, Lantana, FL 33462 (MLS# R2730763)

498 W DREW Street, Lantana, FL 33462

$330,000
Property Type: Residential Income Square Footage: 3,100 Status: Closed
Current Price: $330,000 List Date: 10/11/2006 Last Modified: 5/24/2026

Overview

Description

Fantastic opportunity to own prime rental property! located within minutes to beaches, shopping, and interstate. This property has been very well maintained and is always rented. Call now for appointment....this one will not last! Roofs replaced approx. 2 yr.s ago.Sprinkler system on well and timer seperate storage building on property. Hardwood floors!Figures approximate.

Listing Details MLS# R2730763

General Property Information

Number Of Units Total
4
Property Sub Type
Quadruplex
Building Area Main
3100
Living Area Main
2552
Year Built
1965
Lot Size Dimensions
corner
Senior Community YN
No
Outdoor Living Spaces YN
Yes
Stories
Yes
Pool Private YN
No
LP/Assessed Value
1.36

Property Features

Association Amenities: None Documents Available: Appraisal Flooring: Wood Property Condition: Resale Tenant Pays: Electricity Source Of Expenses: Owner Provided Construction Materials: CBS Cooling: Wall/Window Unit(s) Heating: Window/Wall Listing Terms: Cash; Conventional Possession: Close Of Escrow Roof: Composition Sprinkler Description: Auto Sprinkler; Well Sprinkler Tax Information: City/County Utilities: Cable Available; Electricity Available; Water Available View: Other Water Access: None Water Source: Public Outdoor Living Spaces: Patio Patio Details: Patio - Open Unit 1 Appliances: Range; Refrigerator Unit 1 Parking Features: Open Parking Unit 2 Appliances: Range; Refrigerator Unit 2 Parking Features: Open Parking Unit 3 Appliances: Range; Refrigerator Unit 3 Parking Features: Open Parking Unit 4 Appliances: Range; Refrigerator Unit 4 Parking Features: Open Parking Acreage Description: Less Than 1/4 Acre Lot

Contract Information

Comp Sale YN
No
Original List Price
350000

Location and Legal

Country
United States
County Or Parish
Palm Beach
County Parish Name
Palm Beach
Street Number
498
Street Direction Prefix
W
Street Name
DREW
Street Suffix
Street
City Name
Lantana
State Or Province
FL
Postal Code
33462
Postal Zip
33462
Subdivision Name
GREYNOLDS HIGHLANDS UNIT 01
Area
5640
Geographic Area
PB16
Parcel Number
40434503150150120
Zoning
R15
Directions
Lantana Rd. to Broadway, So. to Drew, East to property

Financial Information

Tax Annual Amount
4171
Tax Year
2005
Tax Assessed/SOH Value
256537
Tax Legal Description
Greynolds Highlands Unit 01 Lot:12 Blk:15 Lot SqFt:10018 Frontage: Depth:

Status Change Information

Major Change Timestamp
2006-10-11T05:00:01Z
Major Change Type
New Listing
Status Change Date
2006-12-19
Under Contract Date
2006-11-27
Close Date
2006-11-27
Close Price
330000
Buyer Financing
Conventional

More Information

Meter Information

Separate Electric Meters YN
Yes
Separate Water Meters YN
No

Income and Expenses

Annual Total Expense
11172
Gross Income
30000
Net Operating Income
18828

Unit 1 Details

Actual Rent
600
Baths Full
Yes
Efficiency YN
Yes
Furnished
Unfurnished
SqFt
0

Unit 2 Details

Actual Rent
650
Baths Full
Yes
Efficiency YN
Yes
Furnished
Unfurnished
SqFt
0

Unit 3 Details

Baths Full
Yes
Actual Rent
0
SqFt
0

Unit 4 Details

Baths Full
Yes
Actual Rent
0
SqFt
0

Price Calculations

Current Price To SqFt
129.31
Original List Price To Close Price
1.06

Originating Details

Originating System Key
20130214042915495031000000
Originating System ID
M00000170

Office/Member Information

DXORIGMLSID
RML

Association Amenities

None
Yes

Flooring

Wood
Yes

Property Condition

Resale
Yes

Documents Available

Appraisal
Yes

Tenant Pays

Electricity
Yes

Possession

Close Of Escrow
Yes

Utilities

Cable Available
Yes
Electricity Available
Yes
Water Available
Yes

View

Other
Yes

Heating

Window/Wall
Yes

Sprinkler Description

Auto Sprinkler
Yes
Well Sprinkler
Yes

Water Access

None
Yes

Construction Materials

CBS
Yes

Listing Terms

Cash
Yes
Conventional
Yes

Roof

Composition
Yes

Water Source

Public
Yes

Source Of Expenses

Owner Provided
Yes

Cooling

Wall/Window Unit(s)
Yes

Tax Information

City/County
Yes

Outdoor Living Spaces

Patio
Yes

Patio Details

Patio - Open
Yes

Unit 1 Appliances

Range
Yes
Refrigerator
Yes

Unit 1 Parking Features

Open Parking
Yes

Unit 2 Appliances

Range
Yes
Refrigerator
Yes

Unit 2 Parking Features

Open Parking
Yes

Unit 3 Appliances

Range
Yes
Refrigerator
Yes

Unit 3 Parking Features

Open Parking
Yes

Unit 4 Appliances

Range
Yes
Refrigerator
Yes

Unit 4 Parking Features

Open Parking
Yes

Acreage Description

Less Than 1/4 Acre Lot
Yes
Listing Office: James D. Miller Properties
IDX
Last Updated: May - 24 - 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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