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$499,999
New Listing

7871 TERRACE ROAD
LANTANA, FL 33462

For Sale|Duplex|Active
2
Beds
2
Total Baths
944
SqFt
$530
/SqFt
1955
Built
Subdivision:
TROPICAL TERRACE
County:
Palm Beach
Call Now: 954-720-0099
Is this the listing for you? We can help make it yours.
954-720-0099
7871 TERRACE ROAD7871 TERRACE ROAD7871 TERRACE ROAD7871 TERRACE ROAD
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Monthly Payment (Est.)

$2,281
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*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.

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Listing Snapshot
Price 
$499,999
Days On Site 
0 Days
Bedrooms 
2
Inside Area (SqFt) 
944 sqft
Total Baths 
2
Full Baths 
N/A
Partial Baths 
N/A
Lot Size 
0.23 Acres
Year Built 
1955
MLS® Number 
TB8490469
Status 
Active
Property Tax 
$8,337
HOA/Condo/Coop Fees 
N/A
Sq Ft Source 
Public Records
Friends & Family
Recent Activity
5 hours agoListing updated with changes from the MLS®
17 hours agoListing first seen on site
General Features
Acres 
0.23
Foundation 
Block
Property Sub Type 
Duplex
Sewer 
Public Sewer
Water Source 
Public
Zoning 
RM
Interior Features
Appliances 
Convection OvenRefrigerator
Cooling 
Wall/Window Unit(s)
Flooring 
Laminate
Interior 
Eat-in Kitchen
Laundry Features 
None
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Exterior Features
Construction Details 
Stucco
Exterior 
Private Entrance
Roof 
Shingle
Community Features
Financing Terms Available 
CashConventionalFHAVA Loan
MLS Area 
33462 - Lake Worth
Roads 
Asphalt
Township 
45
Listing courtesy of RICHARD PETERS REALTY LLC (813) 417-1391

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Listing information is provided by Participants of the Stellar MLS. IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed. Properties displayed may be listed or sold by various participants in the MLS Copyright 2026, Stellar MLS.
Last checked: 2026-03-26 05:50 AM EDT

Neighborhood & Commute
Source: Walkscore
Disclosure: Community information and market data powered by Constellation Data Labs. Information is deemed reliable but not guaranteed.
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