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7871 TERRACE ROAD
LANTANA FL 33462 US

$499,999

Active Listing ID TB8490469
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2 bed
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Lot: 0.23 Acres
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Duplex

$499,999

Active Listing ID TB8490469
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7871 TERRACE ROAD *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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Property Features

  • Facts
  • Lot Size: 0.23 Acres
  • Property Type: Residential Multi Family
  • Property Sub-type: Duplex
  • Features
  • Cooling System: Multi Units, Wall/Window Unit(s), Window Unit(s)
  • Exterior Finish: Private Entrance
  • Floor Covering: Laminate
  • Roof Type: Shingle

Property

  • propertytype: Residential Multi Family
  • propertysubtype: Duplex
  • listprice: 499999
  • unparsedaddress: 7871 TERRACE ROAD
  • postalcity: LANTANA
  • stateorprovince: FL
  • country: US
  • postalcode: 33462
  • bathroomsfull: 0
  • bathroomshalf: 0
  • bathroomsonequarter: 0
  • bathroomsthreequarter: 0
  • lotsizeacres: 0.23
  • lotsizeunits: Acres
  • lotsizearea: 0.23
  • livingarea: 944
  • livingareaunits: Square Feet
  • latitude: 26.559478
  • longitude: -80.057313
  • listagentfullname: KEVIOUS DOUGLAS, LLC
  • listagentemail: kevious.realtor@gmail.com
  • listagentkey: 3yd-MFRMLSFL-261597622
  • listagentmlsid: 261597622
  • listagentpreferredphone: 8134171391
  • listagentofficephone: 3524489712
  • listofficekey: 3yd-MFRMLSFL-261597099
  • listagentstatelicense: 3609835
  • listofficemlsid: 261597099
  • disclaimer: Copyright © 2026 Stellar MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
  • sourcesystemid: MFRMLSFL
  • yearbuilt: 1955
  • listingcontractdate: 2026-03-23
  • listagenturl: https://richardpetersrealty.com/
  • countyorparish: Palm Beach
  • parcelnumber: 00-43-45-10-07-000-0870
  • appliances: Oven - Convection, Refrigerator
  • cooling: Multi Units, Wall/Window Unit(s), Window Unit(s)
  • constructionmaterials: Stucco
  • flooring: Laminate
  • numberofunitstotal: 2
  • fireplaceyn: False
  • transactiontype: ForSale
  • storiestotal: 0
  • parkingtotal: 0
  • roof: Shingle
  • waterfrontyn: False
  • interiorfeatures: Ceiling Fans(s), Eat-in Kitchen, Solid Surface Counters, Solid Wood Cabinets
  • exteriorfeatures: Private Entrance
  • architecturalstyle: Other
  • rooms: Bedroom 1, Bedroom 2
  • dock: False
  • poolprivateyn: False
  • spayn: False
  • internetaddressdisplayyn: True
  • internetautomatedvaluationdisplayyn: False
  • internetconsumercommentyn: True
  • location: -80.05731, 26.559479
  • customfields: {"AdditionalInformation":{}, "AlternatePrices":[], "BrokerName":"Richard Peters Realty LLC", "BuilderEmail":null, "BuilderFax":null, "BuilderPhone":null, "City":null, "Country":null, "Expenses":[], "GeocodeOptions":null, "LeadRoutingEmail":"kevious.realtor@gmail.com", "ListBrokerageCity":"Sarasota", "ListBrokerageCountry":"US", "ListBrokerageEmail":"richard@richardpetersrealty.com", "ListBrokerageLogoUrl":null, "ListBrokerageName":"Richard Peters Realty LLC", "ListBrokeragePhone":"(352) 448-9712", "ListBrokeragePostalCode":"34243", "ListBrokerageStateOrProvince":"FL", "ListBrokerageUnitNumber":null, "ListBrokerageUnparsedAddress":"8051 N. Tamiami Trail STE E6", "ListBrokerageWebsiteUrl":"https://richardpetersrealty.com/", "ListOfficeAddress1":"8051 N. TAMIAMI TRAIL", "ListOfficeAddress2":null, "ListOfficeBrokerMlsId":null, "ListOfficeCity":"Sarasota", "ListOfficeCountry":"US", "ListOfficeEmail":"richard@richardpetersrealty.com", "ListOfficePostalCode":"34243", "ListOfficeStateOrProvince":"FL", "ListPriceCurrencyType":"USD", "ListingTitle":"Duplex - LANTANA, FL", "ListingURL":"https://www.realtor.com/realestateandhomes-detail/7871-Terrace-Rd_Lantana_FL_33462_M63051-55112?f=listhub&s=MFRMLSFL&m=TB8490469&c=rexren", "MLSModificationTimestamp":"2026-03-25T16:58:21Z", "Neighborhoods":[], "PostalCode":null, "RawPropertySubType":"Duplex", "RawPropertyType":"Residential Income", "RoomCount":null, "StateOrProvince":null, "Taxes":[{"TaxAnnualAmount":8337, "TaxDescription":null, "TaxYear":"2025"}], "UnitNumber":null, "UnparsedAddress":null}
Listing Changed: 3/25/2026 11:05:41 PM GMT
Source Updated Date: 3/28/2026 6:51:25 PM GMT

Courtesy of: KEVIOUS DOUGLAS, LLC, RICHARD PETERS REALTY LLC, kevious.realtor@gmail.com

Copyright © 2026 Stellar MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.