$499,900

612 W DREW ST, LANTANA, FL 33462

0 baths800 sq ft2 to 4 unitsBuilt 1957
Updated today, November 3, 2026

This home against Lantana

$625 per sq ft, 90% over the Lantana median
66 days on the market
Price cut $69,100 since it was listed at $569,000
$5,296 in property taxes (2025)

Lantana today: 83 homes for sale, median list price $435,000.

About this home

Unique investment opportunity in the growing coastal community of Lantana. Located just minutes from the beach and major resorts, with convenient access to both West Palm Beach and Boca Raton, this duplex offers two 1-bedroom, 1-bathroom units and excellent flexibility for investors or owner-occupants. Walking distance to the new Lantana Village redevelopment site with future shops, dining, and entertainment. One unit is currently occupied by a long-term tenant, while the second offers the potential for short or long-term rental use, allowing the property to accommodate a variety of investment strategies. Property improvements include a newer roof, impact windows and doors, updated kitchen areas, newer A/C and water heater, and a new washer and dryer.The property also features ample parking with space for 4 vehicles and sits on an oversized lot, offering potential for future expansion or redevelopment, subject to applicable zoning and municipal approvals.Whether you're looking to add an income-producing property to your portfolio, explore a 1031 exchange, or occupy one unit as your primary residence while generating rental income from the other, this property offers a great combination of location, flexibility, and long-term potential.

Listing courtesy of Compass Florida LLC. MLS# A12079900.

Listing information is provided by the MLS and is deemed reliable but not guaranteed.

Listed August 29, 2026.

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