FIRST TIME ON THE MARKET!! This income producing property has been in the family since DAY 1. Main House consists of 4 bedrooms 2 bath with an ENORMOUS Master suite. One of the bedrooms is currently being utilized as a beauty salon for their in home business. Brand New roof in 2021. Massive deck behind the property great for entertaining and BBQs. There is also a detached building behind the home that is currently being used as a storage and laundry room that has full power and can easily be turned into an efficiency with the right vision! Now to the detached guest house....Guest House is a 1 bedroom 1 bath living room and kitchen with a large attached screened patio. Property is situated on 2 lots and back yard is fully fenced. The opportunities are endless.
Sold for $338,000 on 03/15/23
$338,000
7880 Terrace Rd Road, Lantana, FL 33462
5beds
2,259sqft
Duplex
Built in 1954
-- sqft lot
$519,800 Zestimate®
$150/sqft
$2,864 Estimated rent
Home value
$519,800
$468,000 - $577,000
$2,864/mo
Zestimate® history
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What's special
Zillow last checked: 8 hours ago
Listing updated: August 07, 2025 at 03:20am
Listed by:
Michael Knapp 561-531-0664,
Arena and Company
Bought with:
Pierre J Denis
RE/MAX Advisors
Source: BeachesMLS,MLS#: RX-10828317
Originating MLS: Beaches MLS
Originating MLS: Beaches MLSFacts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 5
- Bathrooms: 3
- Full bathrooms: 3
Heating
- Central
Cooling
- Ceiling Fan(s), Central Air, A/C Unit
Features
- Flooring: Linoleum, Tile
- Windows: Shutters, Complete Panel Shutters
Interior area
- Total structure area: 2,259
- Total interior livable area: 2,259 sqft
Property
Parking
- Parking features: Space Parking, Open Parking
- Has uncovered spaces: Yes
Features
- Stories: 1
- Patio & porch: Deck, Screened Porch
- Waterfront features: None
Lot
- Size: 10,005 sqft
- Features: 1/4 to 1/2 Acre
Details
- Parcel number: 00434510070001120
- Zoning: 4320
Construction
Type & style
- Home type: MultiFamily
- Property subtype: Duplex
- Attached to another structure: Yes
Materials
- CBS, Stucco
- Roof: Comp Rolled
Condition
- Resale
- New construction: No
- Year built: 1954
Utilities & green energy
- Electric: Separate Electrical Meters
- Sewer: Septic Tank
- Water: Public, Separate Water Meters
- Utilities for property: Cable Connected, Electricity Connected
Community & neighborhood
Community
- Community features: None
Location
- Region: Lake Worth
- Subdivision: Tropical Terrace In
HOA & financial
HOA
- Services included: None
Other
Other facts
- Listing terms: Cash,Conventional
Price history
| Date | Event | Price |
|---|---|---|
| 3/15/2023 | Sold | $338,000-15.5%$150/sqft |
Source:  BeachesMLS #RX-10828317 Report a problem | ||
| 1/4/2023 | Pending sale | $399,999$177/sqft |
Source: BeachesMLS #RX-10828317 Report a problem | ||
| 11/8/2022 | Price change | $399,999-12.9%$177/sqft |
Source: BeachesMLS #RX-10828317 Report a problem | ||
| 10/1/2022 | Price change | $459,000-8%$203/sqft |
Source: BeachesMLS #RX-10828317 Report a problem | ||
| 8/30/2022 | Listed for sale | $499,000$221/sqft |
Source: BeachesMLS #RX-10828317 Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2024 | $5,069 +3% | $267,927 +3.7% |
| 2023 | $4,921 +344.9% | $258,361 +396.2% |
| 2022 | $1,106 +4.1% | $52,072 +3% |
Find assessor info on the county website
Neighborhood: 33462
Nearby schools
GreatSchools rating
- 2/10Rolling Green Elementary SchoolGrades: PK-5Distance: 0.4 mi
- 3/10Boynton Beach Community High SchoolGrades: PK,6-12Distance: 1.9 mi
- 3/10Congress Community Middle SchoolGrades: 6-8Distance: 3.4 mi
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Estimated market value
$519,800
Get a cash offer in 3 minutes
Find out how much your home could sell for in as little as 3 minutes with a no-obligation cash offer.
Estimated market value
$519,800