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540 W Perry Street, Lantana, FL 33462 (MLS# R11000951)

540 W Perry Street, Lantana, FL 33462

$1,225,000

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https://www.propertypanorama.com/540-S-Perry-Street-Lantana-FL-33462/unbranded

Property Type: Residential Income Square Footage: 4,529 Status: Closed

Current Price: $1,225,000 List Date: 7/02/2024 Last Modified: 5/16/2026

Overview

Description

Immaculate Turnkey 4 Unit - 4,032 S.F. Under Air & 4,529 S.F. Under Roof Owner Occupied Multi-Family Property located on an oversized corner lot. Ample off street for each unit along with room for boat or RV storage on the side of property. Owners' Unit is an over 2,000 S.F. 3 Bedroom/3 Bath or 2 Bedroom/2 Bath w/ 1 Bedroom/1 Bath Studio w/ a 1 Car Garage. Owners' Unit features vaulted ceilings, custom floor to ceiling concrete tile fireplace, new 24''x24'' high gloss porcelain tiles throughout the living space along with new water-resistant laminate floor in all Bedrooms. Property also features two additional fully renovated 1,000 S.F. 2 Bedroom/2 Bathroom Apartments. All units have washers & dryers, (4) separate electric meters & (2) water meters for the property. Fantastic Airbnb

Supplements: Vacation Rental Opportunity with close proximity to the Beaches, Downtown, Boat Ramp and the Intracoastal Waterway. One of the Best Multi-Family Properties Available! " 4,032 S.F. Under Air & 4,529 S.F. Under Roof " CBS Construction " New CGI Hurricane Rated Impact Windows & Doors 2022 " (3) New Rheem/Ruud HVAC Systems 2018, 2019 & 2022 " (3) Ne ... (Read more)

Listing Details MLS# R11000951

General Property Information

Property Sub Type: Quadruplex
Building Area Main: 4529
Building Area Source: Public Records
Living Area Main: 4032
Year Built: 1987
Gated Community YN: No
Lot Size Area: 10559
Lot Size Acres: 0.24
Senior Community YN: No
Outdoor Living Spaces YN: Yes
Stories: Yes
Pool Private YN: No

Property Features

Association Amenities: None Documents Available: Accounting Statements Electric: Three Phase Fencing: Fenced Flooring: Ceramic Tile; Vinyl Property Condition: Resale Tenant Pays: Cable TV; Electricity; Sewer; Water Source Of Expenses: Owner Provided Construction Materials: CBS Cooling: Central Air Heating: Central; Electric Listing Terms: Cash; Conventional; FHA; VA Loan Possession: Negotiable Restrictions: No Restrictions Roof: Composition Sewer: Public Sewer Sprinkler Description: Auto Sprinkler Tax Information: City/County Utilities: Cable Available; Sewer Available; Water Available View: Garden Water Access: None Water Source: Public Showing Requirements: Listing Agent Must Accompany; Occupied; Schedule Online; Text Listing Agent Occupant Details: Owner Occupied Outdoor Living Spaces: Patio Patio Details: Patio - Covered Unit 1 Appliances: Dishwasher; Disposal; Microwave; Range; Refrigerator; Washer Unit 1 Other Equipment: Air Conditioning Unit Unit 1 Parking Features: Parking Space Unit 1 Rooms: Kitchen Unit 2 Other Equipment: Air Conditioning Unit Unit 2 Parking Features: Parking Space Unit 3 Appliances: Dishwasher; Disposal; Dryer; Microwave; Range; Refrigerator; Washer Unit 3 Interior Features: Walk-In Closet(s) Unit 3 Other Equipment: Air Conditioning Unit; Smoke Detector(s) Unit 3 Parking Features: Parking Space Unit 3 Rooms: Kitchen Unit 4 Appliances: Dishwasher; Disposal; Dryer; Microwave; Range; Refrigerator; Washer Unit 4 Interior Features: Walk-In Closet(s) Unit 4 Other Equipment: Air Conditioning Unit; Smoke Detector(s); Washer/Dryer Hookups Unit 4 Parking Features: Parking Space Unit 4 Rooms: Kitchen Contingencies: None Acreage Description: Less Than 1/4 Acre Lot

Contract Information

Comp Sale YN: No
Original List Price: 1300000

Location and Legal

Country: United States
County Or Parish: Palm Beach
County Parish Name: Palm Beach
Street Number: 540
Street Direction Prefix: W
Street Name: Perry
Street Suffix: Street
City Name: Lantana
State Or Province: FL
Postal Code: 33462
Postal Zip: 33462
Subdivision Name: GREYNOLDS HIGHLANDS UNIT 1
Area: 5640
Geographic Area: PB16
Parcel Number: 40434503150140230
Zoning: R15(ci
Directions: 95 TO LANTANA RD. EAST TO BROADWAY-SOUTH TO CORNER OF PERRY AND BROADWAY

Financial Information

Tax Annual Amount: 8664.51
Tax Year: 2023
Tax Legal Description: UNIT 1 GREYNOLDS HIGHLANDS LTS 23, 24 & LT 25 (LESS S 3.05 FT OF W 64 FT & S .50 FT OF E 56 FT & W 10 FT OF ABND 20 FT

Status Change Information

Major Change Timestamp: 2024-08-30T16:12:21Z
Major Change Type: Status Change
Status Change Date: 2024-08-30
Under Contract Date: 2024-08-14
Close Date: 2024-08-30
Close Price: 1225000
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: 1676
Gross Income: 9750
Net Operating Income: 96880

Storm Protection

Impact Glass: Complete

Showing Details

Pet(s) on Premises: Yes

Unit 1 Details

Actual Rent: 3000
Baths Full: 2
Furnished: Unfurnished
SqFt: 1340

Unit 2 Details

Actual Rent: 1750
Baths Full: Yes
Furnished: Negotiable
SqFt: 750

Unit 2 Parking Details

Garage YN: Yes
Attached Garage YN: Yes

Unit 3 Details

Actual Rent: 2500
Baths Full: 2
SqFt: 1000

Unit 4 Details

Actual Rent: 2500
Baths Full: 2
SqFt: 1000

Price Calculations

Current Price To SqFt: 303.81
Original List Price To Close Price: 1.06

Originating Details

Originating System Key: 20240702030753279356000000
Originating System ID: M00000170

Office/Member Information

DXORIGMLSID: RML

Association Amenities

None: Yes

Electric

Three Phase: Yes

Flooring

Ceramic Tile: Yes
Vinyl: Yes

Property Condition

Resale: Yes

Documents Available

Accounting Statements: Yes

Fencing

Fenced: Yes

Tenant Pays

Cable TV: Yes
Electricity: Yes
Sewer: Yes
Water: Yes

Possession

Negotiable: Yes

Sewer

Public Sewer: Yes

Utilities

Cable Available: Yes
Sewer Available: Yes
Water Available: Yes

View

Garden: Yes

Heating

Central: Yes
Electric: Yes

Sprinkler Description

Auto Sprinkler: Yes

Water Access

None: Yes

Construction Materials

CBS: Yes

Listing Terms

Cash: Yes
Conventional: Yes
FHA: Yes
VA Loan: Yes

Roof

Composition: Yes

Water Source

Public: Yes

Source Of Expenses

Owner Provided: Yes

Cooling

Central Air: Yes
Electric: Yes

Showing Requirements

Listing Agent Must Accompany: Yes
Occupied: Yes
Schedule Online: Yes
Text Listing Agent: Yes

Restrictions

No Restrictions: Yes

Tax Information

City/County: Yes

Occupant Details

Owner Occupied: Yes

Outdoor Living Spaces

Patio: Yes

Patio Details

Patio - Covered: Yes

Contingencies

None: Yes

Unit 1 Appliances

Dishwasher: Yes
Disposal: Yes
Microwave: Yes
Range: Yes
Refrigerator: Yes
Washer: Yes

Unit 1 Other Equipment

Air Conditioning Unit: Yes

Unit 1 Parking Features

Parking Space: Yes

Unit 1 Rooms

Kitchen: Yes

Unit 2 Other Equipment

Air Conditioning Unit: Yes

Unit 2 Parking Features

Parking Space: Yes

Unit 3 Appliances

Dishwasher: Yes
Disposal: Yes
Dryer: Yes
Microwave: Yes
Range: Yes
Refrigerator: Yes
Washer: Yes

Unit 3 Interior Features

Walk-In Closet(s): Yes

Unit 3 Other Equipment

Air Conditioning Unit: Yes
Smoke Detector(s): Yes

Unit 3 Parking Features

Parking Space: Yes

Unit 3 Rooms

Kitchen: Yes

Unit 4 Appliances

Dishwasher: Yes
Disposal: Yes
Dryer: Yes
Microwave: Yes
Range: Yes
Refrigerator: Yes
Washer: Yes

Unit 4 Interior Features

Walk-In Closet(s): Yes

Unit 4 Other Equipment

Air Conditioning Unit: Yes
Smoke Detector(s): Yes
Washer/Dryer Hookups: Yes

Unit 4 Parking Features

Parking Space: Yes

Unit 4 Rooms

Kitchen: Yes

Acreage Description

Less Than 1/4 Acre Lot: Yes

Listing Office: Keller Williams Realty - Welli

Last Updated: May - 16 - 2026

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540 W Perry Street, Lantana, FL 33462 (MLS# R11000951)