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730 N 5th ST Lantana, FL 33462
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Key Details
Sold Price $495,000
Property Type Multi-Family
Sub Type Triplex
Listing Status Sold
Purchase Type For Sale
Square Footage 1,935 sqft
Price per Sqft $255
Subdivision Mantyharju Lantana
MLS Listing ID R11157274
Sold Date 05/04/26
Construction Status Resale
HOA Y/N No
Total Fin. Sqft 1935
Year Built 1960
Annual Tax Amount $7,625
Tax Year 2025
Contingent Financing
Lot Size 6,969 Sqft
Acres 0.16
Property Sub-Type Triplex
Property Description
Unique triplex opportunity in the heart of Lantana, just minutes from downtown, local shops, and the beach. Situated on a 50 x 150 lot, this property offers two points of access, with the front facing N. 5th Street and the side facing Gator Drive, a quiet dead-end road—providing added privacy and flexible access for parking, storage, work vehicles, or future use. The front unit is a charming 2-bedroom, 1-bath cottage-style home with wood floors and a dedicated interior laundry room. Behind the main house is a 1-bedroom, 1-bath apartment with a partial garage and its own laundry area, and at the rear of the property is a separate studio apartment, creating three distinct units. All buildings are concrete block construction with three separate electric meters. The lot is long and deep, offering room for additional parking, storage, or possible expansion. The property needs some work and a new roof, but offers solid structure and strong upside. Delivered vacant, allowing a new owner to renovate, customize, or lease at market rents, with estimated potential gross income of approximately $58,000 annually. Ideal for an owner-occupant looking to live in one unit and rent the others, a multi-generational setup, or an investment opportunity. Due to condition, financing will likely be cash or conventional. 24-hour notice required for showings as there is currently a tenant in place.
Location
State FL
County Palm Beach
Area 5670
Zoning R15
Interior
Interior Features InteriorFeatures
Heating None
Cooling Central Air, Ceiling Fan(s), Wall/Window Unit(s)
Flooring Ceramic Tile, Wood
Fireplace No
Exterior
Exterior Feature None
Utilities Available Cable Available, Sewer Available, Water Available
Amenities Available None
Waterfront Description None
Water Access Desc Public
Roof Type Composition
Street Surface Paved
Road Frontage Public Road
Private Pool No
Building
Lot Description Many Trees, < 1/4 Acre
Entry Level One
Sewer Public Sewer
Water Public
Level or Stories One
Structure Type Block,Concrete
New Construction No
Construction Status Resale
Schools
Elementary Schools Barton
Middle Schools Lantana Community
High Schools Lake Worth
Others
Senior Community No
Restrictions No Restrictions
Tax ID 40434434090010500
Acceptable Financing Cash, Conventional
Listing Terms Cash, Conventional
Financing Other
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Bought with Julie L Clapp Continental Properties, Inc.
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