720 S Broadway
Lantana, FL 33462
Broadway Flats · Multifamily Property For Sale
·
5 Units
Property Facts
| No. Units | 5 | Building Size | 2,988 SF |
| Property Type | Multifamily | No. Stories | 1 |
| Property Subtype | Apartment | Year Built | 1965 |
| Apartment Style | Low-Rise | Parking Ratio | 3.68/1,000 SF |
| Building Class | C | Cross Streets | W Perry St |
| Lot Size | 0.16 AC | ||
| Zoning | R-15 - resi | ||
| No. Units | 5 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Low-Rise |
| Building Class | C |
| Lot Size | 0.16 AC |
| Building Size | 2,988 SF |
| No. Stories | 1 |
| Year Built | 1965 |
| Parking Ratio | 3.68/1,000 SF |
| Cross Streets | W Perry St |
| Zoning | R-15 - resi |
Amenities
Unit Amenities
- Bay Window
- Ceiling Fans
- Tile Floors
- Eat-in Kitchen
- Refrigerator
- Range
Site Amenities
- Laundry Facilities
- Public Transportation
About 720 S BROADWAY , LANTANA, FL 33462
Marcus & Millichap, as exclusive listing agent, is pleased to offer for sale Broadway Flats Apartments consisting of one, one-story multifamily building. Broadway Flats Apartments are located in Lantana, just north of Hypoluxo Road and west of Federal Highway and located on South Broadway. The property offers easy access to Interstate 95 to the west as well as east Ocean Avenue to the east of the property, which provides beach access. Broadway Flats Apartments was constructed of wood frame and concrete block construction in 1965. The property is comprised of five units and has a unit mix of four one-bedroom one-bathroom units and one two-bedroom one bath unit. All apartments have wall unit air-conditioning, an individual hot-water heater, several units have ceramic tile in the living rooms and carpet in the bedrooms. There is one laundry room for the property, with one washer and one dryer that are owned by the property. The residents are responsible for electricity and cable, while water, sewer and trash are included in the rent. Broadway Flats Apartments represents an opportunity for an investor to acquire a well-located property located in Lantana and is in close proximity to restaurants, shopping and the beaches. Additionally, an investor may choose to increase rents to market levels as units become available.
Unit Mix Information
| Description | No. Units | Avg. Rent/Mo | SF |
|---|---|---|---|
| 1+1 | 4 | $897.50 | 550 |
| 2+1 | 1 | $880.00 | 785 |
Property Taxes
| Parcel Number | 40-43-45-03-15-015-0400 | Improvements Assessment | $0 |
| Land Assessment | $0 | Total Assessment | $435,024 |
Property Taxes
