LANTANA, FL 33462 7871 TERRACE ROAD

7871 TERRACE ROAD LANTANA, FL - Image 17871 TERRACE ROAD LANTANA, FL - Image 27871 TERRACE ROAD LANTANA, FL - Image 3
14 more
7871 TERRACE ROAD LANTANA, FL - Image 47871 TERRACE ROAD LANTANA, FL - Image 57871 TERRACE ROAD LANTANA, FL - Image 67871 TERRACE ROAD LANTANA, FL - Image 77871 TERRACE ROAD LANTANA, FL - Image 87871 TERRACE ROAD LANTANA, FL - Image 97871 TERRACE ROAD LANTANA, FL - Image 107871 TERRACE ROAD LANTANA, FL - Image 117871 TERRACE ROAD LANTANA, FL - Image 127871 TERRACE ROAD LANTANA, FL - Image 137871 TERRACE ROAD LANTANA, FL - Image 147871 TERRACE ROAD LANTANA, FL - Image 157871 TERRACE ROAD LANTANA, FL - Image 167871 TERRACE ROAD LANTANA, FL - Image 177871 TERRACE ROAD LANTANA, FL - Image 18
Presented By: RICHARD PETERS REALTY LLC with 352-448-9712. - 352-448-9712
  • MLS# TB8490469
  • 03/23/2026
  • Request Tour
  • Request Info
  • Beds • 2
  • Baths • 2
  • SQFT • 944

Home Details

*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.
Presented By: RICHARD PETERS REALTY LLC with 352-448-9712. - 352-448-9712

Interior Features for 7871 TERRACE ROAD

Bedrooms

Total Bedrooms2

Bathrooms

Total Baths2

Other Interior Features

LivingAreaSourcePublic Records
Air Conditioning Y/NYes
Fireplace Y/NNo
FlooringLaminate
Heating Y/NNo
Interior AmenitiesCeiling Fan(s), Eating Space In Kitchen, Solid Surface Counters, Solid Wood Cabinets
Laundry FeaturesNone

General for 7871 TERRACE ROAD

Additional Parcels Y/NNo
AppliancesConvection Oven, Refrigerator
Building Area UnitsSquare Feet
Carport Y/NNo
CityLANTANA
Construction MaterialsStucco
CoolingWall/Window Unit(s)
CountyPalm Beach
DirectionsHeading north on I-95 N, Take exit 59 for Gateway Blvd. Turn right onto E Gateway Blvd. Drive 0.1 miles then turn left onto N Seacrest Blvd. Drive 0.5 miles and turn right onto Miner Rd. Drive another 0.6 miles then turn left onto Terrace Rd. In 0.1 miles, destination will be on the left.
Flood Zone CodeX
Flood Zone Code XY
Garage Y/NNo
Gross Income49000
HeatingNone
Land Lease Y/NNo
Legal DescriptionTROPICAL TERRACE LTS 87 & 88
Listing TermsCash, Conventional, FHA, VA Loan
Living Area UnitsSquare Feet
Lot Size Square Feet10000
Lot Size UnitsSquare Feet
MLS Area33462 - Lake Worth
New ConstructionNo
OwnershipFee Simple
Property SubtypeDuplex
Property TypeResidential Income
RoofShingle
Senior Community Y/NNo
SewerPublic Sewer
Standard StatusActive
StatusActive
Subdivision NameTROPICAL TERRACE
Tax Annual Amount8337
Tax Lot87
Tax Year2025
UtilitiesPublic
Virtual TourClick here
Water Access Y/NNo
Water View Y/NNo
Year Built1955
ZoningRM

Exterior for 7871 TERRACE ROAD

Exterior AmenitiesPrivate Entrance
Foundation DetailsBlock
Lot Size Acres0.23
Lot Size Area10000
Number of Buildings1
Private PoolNo
Road Surface TypeAsphalt
Water SourcePublic
Waterfront Y/NNo

Additional Details

Price History

Schools

High School Hubert H Humphrey Middle School
Middle School N/A
Elementary School Big Hollow Elementary School

Yanel Ramos

Realtor
Price $419,999
MLS#TB8490469
List Date 03/23/2026
Property Type Income
Phone 786.547.2533
Request Tour
Request Info
Visit My Website

Similar Properties to 7871 TERRACE ROAD