352 W Pine St - Apartments FOR SALE


Lantana, FL 33462- Ocean Breeze
$1,090,000 USD
561-903-1060
352 W Pine St, Lantana, FL for Sale
$1,090,000 USD
Apartments - FOR SALE
1/25
null | 5.28% Cap Rate

352 W Pine St
Lantana, FL 33462
Ocean Breeze


HIGHLIGHTS

  • Close to beaches/dining/growing area
  • Split bedroom floorplans
  • Coin laundry machines/storage rooms for added income

OVERVIEW

Walking distance to the ocean, this rare 5 units CBS multifamily apartment is close to shopping, restaurants, schools, storage, parks and beach It is in a good neighborhood and close to major road #1 and highway 95. total 4,160 sf living area, each unit is 2/1 with 832 sf living area or 26' x 32'. Total 10 parking spaces, with 6 covered parking and 4 uncovered. Each unit ach has ceramic tile floor, HVAC, onsite storage room (6'x6'x9'), refrigerator, range/oven, disposal, dishwasher, and 2 parking spaces. this property also has a shared laundry room with 2 washers and 2 dryers; public storage is cross street. All appliances are included in the sale. The electrical system was replaced in April 2025. There is a good size back yard for outdoor enjoyment and kids play. No HOA. Actual age of the property is 53 years, but the effective age is 16 years. Easy to Rent!

FOR SALE DETAILS

PRICE

$1,090,000 USD

PRICE/SF

$232 USD /SF

# OF UNITS

5

PRICE/UNIT

$218,000

CAP RATE

5.28%

% 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.