$419,999

7871 Terrace Road

Lantana, FL 33462

Active
2
Beds
2
Baths
944
Sq Ft
0.23
Acres
1955
Built
$445/sqft360° tour
🏠Duplex

Property type

🏗️1955

Year built

📐10,000 sqft

Lot size

📊$445

Price / sq ft

🏘️No HOA

HOA dues

📅47

Days on market

🌊X

Flood zone

About this home

*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.

Estimated monthly payment

Principal & interest$2,124
Property taxes$695
Home insurance (est.)$192

Estimate only. Taxes use the listing's reported amount where available; insurance is a Florida-average estimate. Your actual payment will vary — run a full calculation or talk to a lender.

Price & listing history47 days on market

  1. Status: Active
    Mar 25, 2026
  2. Listed$499,999
    Mar 25, 2026
  3. Price reduced$419,999

Virtual Tour

Facts & features

Property type
Residential Income
Sub type
Duplex
Status
Active
Days on market
47
Subdivision
Tropical Terrace
County
Palm Beach
Year built
1955
Living area
944 sq ft
Price/sq ft
$445
Lot size
10,000 sq ft
Lot category
0 to less than 1/4
Flood zone
X (12099C0791G)
Annual taxes
$8,337 (2025)
Parcel #
00-43-45-10-07-000-0870
Zoning
RM
MLS #
TB8490469

Interior Details

Bedrooms
2
Flooring
Laminate
Appliances
Convection Oven, Refrigerator
Interior features
Ceiling Fans(s), Eat-in Kitchen, Solid Surface Counters, Solid Wood Cabinets
Laundry
None

Heating & Cooling

Heating
None
Cooling
Wall/Window Unit(s)

HOA & Financial

Total monthly fees
$0/mo
Total annual fees
$0
CDD
No
Listing terms
Cash, Conventional, FHA, VA Loan
Ownership
Fee Simple

Exterior & Construction

Exterior features
Private Entrance
Construction materials
Stucco
Roof
Shingle
Foundation
Block
Road surface
Asphalt

Utilities

Sewer
Public Sewer
Water source
Public
Utilities
Public

Listing Details

Listing date
2026-03-23
On market date
2026-03-25
Original list price
$499,999
MLS area
33462 - Lake Worth
Listing AOR
Suncoast Tampa
Status changed
2026-03-25
Tax legal description
TROPICAL TERRACE LTS 87 & 88

Flood risk

Minimal riskFEMA Zone XPanel 12099C0791G

Minimal-risk area outside the mapped floodplain. Flood insurance is optional and typically low-cost.

Source: FEMA flood zone reported on the listing. Confirm current designation at FEMA Flood Map Service Center.

Location

Directions

Heading north on I-95 N, Take exit 59 for Gateway Blvd. Turn right onto E Gateway Blvd. Drive 0.1 miles then turn left onto N Seacrest Blvd. Drive 0.5 miles and turn right onto Miner Rd. Drive another 0.6 miles then turn left onto Terrace Rd. In 0.1 miles, destination will be on the left.

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MLS GRID

Listings courtesy of Stellar MLS as distributed by MLS GRID

IDX information is provided exclusively for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.

Based on information submitted to the MLS GRID as of May 11, 2026 at 11:22 AM ET. 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.

Ryan Solberg, Broker · MaxLife Realty LLC · FL License #BK3354351 · Equal Housing Opportunity · Full disclaimer · DMCA