7871 TERRACE ROAD at

7871 TERRACE ROAD

For sale Days on market 47

$419,999

$445/sq ft

$80,000
Price Decreased

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Overview

Bedroom

Year Built

1955

Sqft

944

Property Type

Duplex

Property Description

*Exceptional Turnkey Multi-Family Investment Opportunity *Discover a cash-flowing, income-producing asset perfectly positioned for the savvy investor or owner-operator. This 2-bedroom, 2-bathroom duplex delivers immediate rental income with remarkable upside potential. Unit A is currently vacant, but a recent tenant was paying $1,500 per month, while Unit B has been successfully operated as an Airbnb, grossing an impressive $31,000 last year. Both units have been freshly remodeled and feature modern laminate flooring throughout, stylish breakfast bars, and updated finishes that attract quality tenants and guests alike. Unit B showcases brand new wood cabinets and comes fully furnished, equipped with a coffee maker, microwave, couch, bed, two televisions, computer desk, and chair — meaning you can begin generating Airbnb income from day one with zero additional investment. Major capital improvements have already been completed, including a brand new roof installed in 2024 and two wall-mounted AC units added to each unit in 2024. These significant upgrades provide peace of mind and reduce future maintenance costs, allowing you to maximize your returns immediately. Whether you choose to continue the current dual-income strategy, convert both units to long-term rentals, or occupy one unit while the other pays your mortgage, the flexibility of this property is unmatched. Located in the desirable Lantana community with easy access to beaches, dining, and local attractions, this duplex is ideally suited for short-term rental demand. This property is easy to show and ready for its next owner. Schedule your private tour today and start building your real estate portfolio. No assignable contracts.

Property Details

MLS#

TB8490469

Address

7871 TERRACE

City

Lantana

State/county

Zip/Postal Code

33462

Area

Tropical Terrace

Country

United States

HOA

Assoc Fee

$--

Assoc Fee Pd

Tax Amount

$8,337

Maint Fee

$--

Tax Year

2025

Convection Oven

Refrigerator

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