352 W Pine St - Apartments FOR SALE


Lantana, FL 33462- Ocean Breeze
$960,000 USD
561-903-1060
352 W Pine St, Lantana, FL for Sale
$960,000 USD
Apartments - FOR SALE
1/41
null | 6.67% Cap Rate

352 W Pine St
Lantana, FL 33462
Ocean Breeze


HIGHLIGHTS

  • Ideally located near beaches, popular dining spots, and in a rapidly growing area
  • Features split-bedroom floor plans and a private backyard for added comfort and privacy
  • Shared laundry facility with two washers and two dryers
  • No HOA restrictions

OVERVIEW

352 W Pine Street in Lantana, located just a short stroll from the beach, this exceptional 5-unit concrete block multifamily property offers an unbeatable investment opportunity in a highly desirable area. Nestled in a walkable, bike-friendly neighborhood, it’s conveniently close to top-rated schools, parks, shopping, dining, public storage, and major routes including US-1 and I-95. Each of the five spacious 2-bedroom, 1-bath units features 832 sq. ft. of living space (26' x 32'), ceramic tile flooring, central HVAC, a 6'x6'x9' private storage room, and a full suite of kitchen appliances—including refrigerator, range/oven, dishwasher, garbage disposal, and more. Every unit includes two designated parking spaces, with a total of 10 parking spots (6 covered, 4 uncovered) on the property. Tenants enjoy access to a shared laundry facility with two washers and two dryers. All appliances convey with the sale, and the electrical system was recently updated in April 2025 for added peace of mind. Set on a spacious lot with a private backyard, this property is perfect for outdoor enjoyment or a play area for kids. With no HOA restrictions and an effective age of just 16 years (actual age 53), it’s easy to maintain, highly rentable, and ready to generate consistent income. Please email your offer with bank statement and preapproval letter to flcainvestments@yahoo.com

FOR SALE DETAILS

PRICE

$960,000 USD

PRICE/SF

$205 USD /SF

# OF UNITS

5

PRICE/UNIT

$192,000

CAP RATE

6.67%

% LEASED

100%

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Multi-Family

APARTMENT STYLE

Low-Rise

PROPERTY SUBTYPE

Apartments

ADD'L SUBTYPES

Storefront Retail/Residential, Office/Residential, Dormitory

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1972

PARKING SPACES

10

LAND DETAILS

LAND ACRES

0.34 AC

LAND SF

14,810 SF

ZONING

R15—MULTI-FAMILY

APN/PARCEL ID

40-43-45-03-13-000-0013

ASK ABOUT THIS PROPERTY

Jenny LiFlorida CA Investments LLCMore Info
561-903-1060

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Jenny LiFlorida CA Investments LLCMore Info
561-903-1060

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.