*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
Price:
$429,999
MLS #:
TB8490469
Status:
Active
Beds:
2
Baths:
2
Type:
Multi Family
Subtype:
Duplex
Subdivision:
TROPICAL TERRACE
Neighborhood:
33462lakeworth
Listed Date:
Mar 25, 2026
Finished Sq Ft:
944
Lot Size:
10,000 sqft / 0.23 acres (approx)
Year Built:
1955
See this Listing
Schools
Interior
Appliances
Convection Oven, Refrigerator
Cooling
Wall/Window Unit(s)
Flooring
Laminate
Heating
None
Interior Features
Ceiling Fan(s), Eating Space In Kitchen, Solid Surface Counters, Solid Wood Cabinets
Laundry Features
None
Exterior
Construction Materials
Stucco
Exterior Features
Private Entrance
Roof
Shingle
Financial
Tax Year
2025
Taxes
$8,337
Map
Community
- Address7871 TERRACE ROAD LANTANA FL
- SubdivisionTROPICAL TERRACE
- CityLANTANA
- CountyPalm Beach
- Zip Code33462
Market Summary
Current real estate data for Multi Family in LANTANA as of May 09, 2026
1
Multi Family Listed
45
Avg DOM
456
Avg $ / SqFt
$429,999
Avg List Price
Property Summary
- Located in the TROPICAL TERRACE subdivision, 7871 TERRACE ROAD LANTANA FL is a Multi Family for sale in LANTANA, FL, 33462. It is listed for $429,999 To schedule a showing of MLS#tb8490469 at 7871 TERRACE ROAD in LANTANA, FL, contact your CENTURY 21 Carioti agent at 800-783-8847.
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Courtesy of RICHARD PETERS REALTY LLC. Disclaimer: All data relating to real estate for sale on this page comes from the Broker Reciprocity (BR) of the Orlando/Tampa – FL. Detailed information about real estate listings held by brokerage firms other than CENTURY 21 Carioti include the name of the listing broker. Neither the listing company nor CENTURY 21 Carioti shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless. The Broker providing this data believes it to be correct, but advises interested parties to confirm any item before relying on it in a purchase decision. Copyright 2026. Orlando/Tampa – FL. All rights reserved. 7871 TERRACE ROAD
LANTANA, FL
