Potential Profit$151,776
This property is available as a fixer upper at E Lantana Rd Apt 501. This property features 2 bedrooms and 2 bathrooms, perfect for investment and/or your personal residence. With 961 square feet of living space, you can enjoy sizable rooms for comfortable living and flexibility in the common areas for family gatherings. Our team of real estate experts has conducted a thorough analysis of the current market conditions in Lantana, specifically for E Lantana Rd Apt 501 and comparable listings. Based on this expert analysis, the estimated market value is $227,061. This has potential equity of $151,776. If purchased for rental purposes, the monthly rental rate could range between $1,480 and $1,800, providing a solid return on investment. For those interested in resale, the estimated profit from selling is $151,776. Factors considered in this calculation include the property location, condition, status, and convenience, all assessed by our experienced professionals. Properties like this one on E Lantana Rd Apt 501 are updated daily along with others in Lantana, Florida, ensuring you have the most current and accurate information.
Plus with taxes and insurance
Based on 20% down, 30 year mortgage, with 6% APR
All calculations are estimates provided for informational purposes. Actual amounts may vary by location. It is important to know that mortgage rates are dependent on credit scores, loan timeline, and a down payment amount.
There are 3 schools in the area. Nearby schools include Lantana Elementary School and Santaluces High School.
There are plenty of activities near this property like Lantana Library, The Cultural Arts Center of Lantana, and more.
Public transportation options include: Palm Tran bus service provides public transit options within the town and to neighboring areas.. Other services include ride-sharing services like Uber and Lyft.
Parks nearby include Lantana Nature Preserve, Old Key Lime House Park and more.
Services available in the area include cellular and internet options.
This property in Lantana, FL is located in the South Sea Islander Inc Condo Subdivision.
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The estimated rental value for E Lantana Rd Apt 501 located in Lantana, FL is $1,640/month. Comparable homes around E Lantana Rd Apt 501 that are rentals have monthly ranges starting as low as $1,480 per month and as high as $1,800 per month. An owner looking to use this property as an investment could bring a return in the area of $1,480 - $1,800 a month based on the many factors which include the properties condition, type, amenities, etc. Sign in to view a full two years of rental information as well as the Average Market Value (AVM) of this property.
Status: Active
Listing information updated for this property.
Status: Active
UNITED STATES OF AMERICA
11/17/21 - 01/06/22Status: Inactive
The owner is behind on payments and has entered preforeclosure. It may still be possible to avoid foreclosure or sell early.
Status: Inactive
Status: Inactive
A tax lien has been filed due to unpaid property taxes. The owner may need to resolve this before transferring ownership.
Status: Inactive
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