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7778 Terrace Road, Lantana, FL 33462 (MLS# R3083546)

7778 Terrace Road, Lantana, FL 33462

$40,000
Property Type: Residential Income Square Footage: 1,711 Status: Closed
Current Price: $40,000 List Date: 1/31/2010 Last Modified: 5/16/2026

Overview

Description

This duplex has been completely renovated into a single family home. It has been gutted top to bottom and then owner ran out of money so it is unfinished and being offered as a short sale. There is no kitchen but all walls have been finished, one bath has been finished. New electric, fenced yard, great for a handyman to finish. This property will qualify for an FHA rehab loan so submit an offer and get yourself a beauty. Finish the rest of the work yourself, or hire the guy who owns it to finish. His work is impeccable but unfortunately ran out of money with the mortgage. Drainfield is new, roof is new, tons of parking, driveway, lots of parking and a fully fenced in yard!!!

Listing Details MLS# R3083546

General Property Information

Number Of Units Total
2
Property Sub Type
Duplex
Building Area Main
1711
Living Area Main
1631
Year Built
1977
Lot Size Dimensions
100 x 50
Senior Community YN
No
Outdoor Living Spaces YN
Yes
Stories
Yes
Pool Private YN
No

Property Features

Association Amenities: Storage Documents Available: None Flooring: Ceramic Tile Property Condition: Resale Special Listing Conditions: Short Sale Tenant Pays: None Source Of Expenses: Owner Provided Boat and Dock Features: Parking; Private Dock Construction Materials: CBS Cooling: Central Air Heating: Central Listing Terms: Cash; FHA Possession: Close Of Escrow Restrictions: No Restrictions Roof: Composition Special Information: Handyman Special; Property Survey Available; Sold As-Is Sprinkler Description: Auto Sprinkler; Well Sprinkler Tax Information: City/County Utilities: Cable Available; Electricity Available; Water Available Water Access: None Water Source: Well Window Features: Single Hung Metal; Sliding Showing Requirements: Call Listing Agent Outdoor Living Spaces: Deck Unit 1 Interior Features: Built-in Shelves; Walk-In Closet(s) Unit 1 Other Equipment: Air Conditioning Unit; Washer/Dryer Hookups Unit 1 Parking Features: Open Parking Unit 1 Rooms: Kitchen Unit 2 Interior Features: Split Bedroom Plan; Walk-In Closet(s) Unit 2 Other Equipment: Air Conditioning Unit; Smoke Detector(s) Unit 2 Parking Features: Open Parking Contingencies: 3rd Party Approval Acreage Description: 1/4 To Less Than 1/2 Acre Lot

Contract Information

Comp Sale YN
No
Original List Price
99000

Location and Legal

Country
United States
County Or Parish
Palm Beach
County Parish Name
Palm Beach
Street Number
7778
Street Name
Terrace
Street Suffix
Road
City Name
Lantana
State Or Province
FL
Postal Code
33462
Postal Zip
33462
Subdivision Name
Tropical Terrace
Area
4320
Geographic Area
PB12
Parcel Number
00434510070001220
Zoning
Rm
Directions
federal highway north of Gateway go left on Miner road, right on Terrace
Multiple Offers Accepted
No

Financial Information

Tax Annual Amount
2978
Tax Year
2008
Tax Legal Description
Tropical Terrace Lot:122 Blk: Lot SqFt:10004 Frontage:50 Depth:

Status Change Information

Major Change Timestamp
2010-04-11T20:07:00Z
Major Change Type
Contingency
Price Change Timestamp
2010-02-26T20:23:00Z
Status Change Date
2010-09-16
Under Contract Date
2010-08-09
Close Date
2010-09-06
Close Price
40000
Buyer Financing
Cash

More Information

Meter Information

Separate Electric Meters YN
Yes
Separate Water Meters YN
Yes

Short Sale Details

Hardship Package
Incomplete
Short Sale Addendum
Yes

Boat and Dock Information

Dock
Yes

Unit 1 Details

Baths Full
2
Furnished
Unfurnished
SqFt
1700
Actual Rent
0

Unit 2 Details

Furnished
Unfurnished
Actual Rent
0
SqFt
0

Price Calculations

Current Price To SqFt
24.52
Original List Price To Close Price
2.47

Originating Details

Originating System Key
20130214044327960446000000
Originating System ID
M00000170

Office/Member Information

DXORIGMLSID
RML

Association Amenities

Storage
Yes

Flooring

Ceramic Tile
Yes

Property Condition

Resale
Yes

Special Information

Handyman Special
Yes
Property Survey Available
Yes
Sold As-Is
Yes

Special Listing Conditions

Short Sale
Yes

Documents Available

None
Yes

Tenant Pays

None
Yes

Possession

Close Of Escrow
Yes

Utilities

Cable Available
Yes
Electricity Available
Yes
Water Available
Yes

Heating

Central
Yes

Sprinkler Description

Auto Sprinkler
Yes
Well Sprinkler
Yes

Water Access

None
Yes

Window Features

Single Hung Metal
Yes
Sliding
Yes

Construction Materials

CBS
Yes

Listing Terms

Cash
Yes
FHA
Yes

Roof

Composition
Yes

Water Source

Well
Yes

Income and Expenses

Annual Total Expense
0
Gross Income
0

Source Of Expenses

Owner Provided
Yes

Boat and Dock Features

Parking
Yes
Private Dock
Yes

Cooling

Central Air
Yes

Showing Requirements

Call Listing Agent
Yes

Restrictions

No Restrictions
Yes

Tax Information

City/County
Yes

Outdoor Living Spaces

Deck
Yes

Contingencies

3rd Party Approval
Yes

Unit 1 Interior Features

Built-in Shelves
Yes
Walk-In Closet(s)
Yes

Unit 1 Other Equipment

Air Conditioning Unit
Yes
Washer/Dryer Hookups
Yes

Unit 1 Parking Features

Open Parking
Yes

Unit 1 Rooms

Kitchen
Yes

Unit 2 Interior Features

Split Bedroom Plan
Yes
Walk-In Closet(s)
Yes

Unit 2 Other Equipment

Air Conditioning Unit
Yes
Smoke Detector(s)
Yes

Unit 2 Parking Features

Open Parking
Yes

Unit 3 Details

Actual Rent
0
SqFt
0

Unit 4 Details

Actual Rent
0
SqFt
0

Acreage Description

1/4 To Less Than 1/2 Acre Lot
Yes
Listing Office: Castles Realty
IDX
Last Updated: May - 16 - 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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