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Off market
  • $1,061,900

    622 Lantana Rd, Lantana, FL 33462

    1beds
    1,374sqft
    Apartment
    Built in ----
    -- sqft lot
    $1,061,900 Zestimate®
    $773/sqft
    $1,554 Estimated rent

    Home value

    $1,061,900

    $743,000 - $1.51M

    $1,554/mo

    Zestimate® history
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    $7,168/mo

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    $7,168/mo

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    What's special

    Located on the vibrant W Lantana Road in Southern Palm Beach County, this commercial property offers a freestanding building on a prime corner parcel, providing excellent visibility and accessibility for a wide range of businesses. Formerly licensed as an auto dealership, the property holds the potential for reestablishing this use, offering a unique opportunity for automotive businesses looking to capitalize on its strategic location. Additionally, the site previously operated as an Enterprise Rental Car service center, which enhances its appeal for similar or related services. The area surrounding this property has experienced rapid development, with a surge of new retail establishments and hundreds of newly constructed apartment units directly across the street, drawing a steady flow of customers. With high traffic counts and positioned in a fast-growing corridor, this property is a standout investment opportunity with flexible potential for future business operations. Well situated along the thriving W Lantana Road in Southern Palm Beach County, this commercial property offers 20,810 AADT, ensuring maximum visibility and easy access for customers. The area has seen a significant influx of new retail businesses, along with hundreds of newly developed apartment units directly across the street, making this property a prime investment opportunity. Southern Palm Beach County, and the Town of Lantana in particular, is experiencing robust growth. This growth is driven by an influx of residents and businesses seeking a strategic location between West Palm Beach and Boca Raton. The area's population has been steadily increasing, supported by new housing developments, rising incomes, and a strong consumer market. Lantana is transitioning into a key commercial hub, attracting both national retailers and local entrepreneurs eager to capitalize on the area's growth potential. This demographic surge presents businesses with an expanding customer base that includes young professionals, families, and retirees. Southern Palm Beach County boasts a median household income higher than the national average, and its rapidly growing population is fueling demand for additional services, retail options, and residential developments. Flexible Opportunities for Lease, Redevelopment, or Purchase: Ownership is offering this property for lease in its current condition, but also remains open to generous tenant improvements, redevelopment or a sale of the property. All reasonable offers and terms will be considered, providing flexibility for potential investors, developers, or business owners looking to establish a presence in this fast-growing area. Key Advantages: " Strategic Location: Prime visibility and access along a high-traffic commercial corridor. " Retail and Residential Boom: Surrounded by newly opened retail outlets and newly developed residential units across the street. " Growth Trends: The Town of Lantana is benefiting from the demographic growth of Southern Palm Beach County, making this property an exceptional long-term investment. This is a unique opportunity to secure a foothold in a rapidly expanding market. Whether you're looking to lease, redevelop, or buy, 622 W Lantana Road offers unmatched potential in one of South Florida's fastest-growing areas. All reasonable offers and deal structures considered. This listing is a courtesy of Compass Florida LLC x Brad Kuskin Disclaimer: All information is deemed reliable but not guaranteed. All properties are subject to prior sale, change, or withdrawal. Neither listing broker(s) or information provider(s) shall be responsible for any typographical errors, misinformation, or misprints and shall be held totally harmless.

    This property is off market, which means it's not currently listed for sale or rent on Zillow. This may be different from what's available on other websites or public sources.

    Zillow last checked: 9 hours ago

    Listing updated: November 22, 2024 at 06:12am

    Source: Zillow Rentals

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 1
    • Bathrooms: 2
    • Full bathrooms: 2
    Interior area
    • Total interior livable area: 1,374 sqft

    Property

    Parking
    • Details: Contact manager
    Details
    • Parcel number: 40434503100060060

    Construction

    Type & style
    • Home type: Apartment
    • Property subtype: Apartment

    Community & neighborhood

    Location
    • Region: Lantana

    Other

    Other facts
    • Available date: 11/15/2024

    Price history

    DateEventPrice
    12/19/2024Listing removed$5,725$4/sqft
    Source: BeachesMLS #R11038869 Report a problem
    11/27/2024Listed for rent$5,725$4/sqft
    Source: BeachesMLS #R11038869 Report a problem
    1/15/2020Sold$1,200,000+585.7%$873/sqft
    Source: Public Record Report a problem
    5/26/1998Sold$175,000$127/sqft
    Source: Public Record Report a problem

    Public tax history

    YearProperty taxesTax assessment
    2024$8,074 +8.2%$377,650 +10%
    2023$7,459 +11.2%$343,318 +10%
    2022$6,707 +11.4%$312,107 +10%

    Find assessor info on the county website

    Neighborhood: Lantana

    Nearby schools

    GreatSchools rating
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    Estimated market value$1,061,900
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    Estimated market value
    $1,061,900