FL
Palm Beach
LANTANA
33462
7871 TERRACE ROAD
7871 TERRACE ROAD, LANTANA, FL 33462
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Listing Type
Multi Family
Listing Status
Active
19
$499,999

Home Details for 7871 TERRACE ROAD

Price
$499,999
Type
Residential Income
Bedrooms
2
Total Bathrooms
2
Square feet
944
Year built
1955
Lot size acres
0.23
County
Palm Beach
MLS Listing#
TB8490469
Property Description

*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 Features
  • Cooling Information
    • Wall/Window Unit(s)
  • Heating Information
    • None
  • Water Features
    • Public
  • House Interior
    • Eat-in Kitchen
Listing Courtesy: RICHARD PETERS REALTY LLC - 352-448-9712
Listings courtesy of Stellar MLS as distributed by MLS GRID. Based on information submitted to the MLS GRID. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Listing information is provided for consumers? personal, non-commercial use, solely to identify prospective properties for potential purchase; all other use is strictly prohibited and may violate relevant federal and state law. Information deemed reliable but not guaranteed. Copyright ©2026 MLS GRID. All Rights Reserved.
Last Updated: 2026-03-25 15:40:29
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EXIT SUCCESS REALTY
18120 Powell Rd, Brooksville, FL 34604
Carol Ridlon
REALTORÁ®
Office
352 686 2222
Agent
352 346 8728
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