Croton Harbor (17 of 34 units available)

$8,370,000

301 Croton Avenue, Lantana, FL 33462

For Sale

Multifamily

Active

Last Updated: 12/21/2023

Details:

NOI: $355,989

Pro Forma Cap Rate : 4.3%

Building Size: 11,592 sqft

Occupancy: 100%

Units: 17

GRM: 16.2

Year Built: 1974

Price Per Unit: $492,353

Zoning: R15 - MULTI-FAMILY (HIGH DENSITY) (40-LANTANA)

Floors: 5

Parking Spots: 52

Year Last Renovated: 2022

Number of Elevators: 1

Roof: Jan 2016

CeilingHeight: 8

Offered by

Marco Gonzalez

Head Broker

561REALTY.com

#90645496

Request Info to Unlock

Highlights:

PREMIER DIRECT INTRACOASTAL FRONT Community.
Well maintained five story building with marvelous pool & deck directly on intracoastal.
105 feet Intracoastal water frontage
All 17 units are one bedroom one bath, higher rental income per sq foot

Description:

PREMIER DIRECT INTRACOASTAL FRONT Community. Enjoy the beautiful wide intracoastal frontage with endless northeast/southeast direct water views. Overseeing Hylopuxo Island, Lantana Ocean Avenue bridge and breathtaking sun/moonrises. Well maintained five story building with marvelous pool & deck directly on intracoastal. Low HOA fees. Close to I-95 and walking distance to the Lantana Beach, Bicentennial Park, and Ocean Avenue shops/restaurants. Residencial multi-family condominium with 105 feet water frontage, covered parking and exterior parking area.
* Price valuation is based only on 17 of 34 units.