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112 Milton St - Milton Street Duplex in Lantana 2 Unit Apartment Building Offered at $998,083 CAD at a 6.36% Cap Rate Lantana, FL 33462
INVESTMENT HIGHLIGHTS
- Central A/C throughout
- In-unit washers and dryers
- Separate water and electric meters
- Fully updated duplex with two 2-bed/1-bath units
- Private patios for outdoor living
- Minutes from the beach in a private, limited-access neighborhood
EXECUTIVE SUMMARY
Discover this beautifully updated duplex just minutes from the beach, nestled within one of Lantana’s most private and exclusive neighborhoods. With limited entrances and surrounded by million-dollar homes overlooking the bay, this property offers a rare blend of tranquility and prime coastal living. The duplex features two separate 2-bedroom, 1-bath units, each thoughtfully upgraded with modern kitchens, contemporary appliances, in-unit washers and dryers, central A/C, and private patios ideal for relaxing or entertaining. Both units are separately metered for water and electricity, streamlining billing for tenants and enhancing operational efficiency. Dedicated parking spaces add convenience, while the move-in-ready condition makes this a compelling opportunity for investors or end users seeking strong rental potential in a highly desirable location.
FINANCIAL SUMMARY (ACTUAL - 2024) Click Here to Access |
ANNUAL (CAD) | ANNUAL PER SF (CAD) |
|---|---|---|
| Gross Rental Income |
$99,999
|
$9.99
|
| Other Income |
-
|
-
|
| Vacancy Loss |
-
|
-
|
| Effective Gross Income |
$99,999
|
$9.99
|
| Taxes |
-
|
-
|
| Operating Expenses |
-
|
-
|
| Total Expenses |
$99,999
|
$9.99
|
| Net Operating Income |
$99,999
|
$9.99
|
FINANCIAL SUMMARY (ACTUAL - 2024) Click Here to Access
| Gross Rental Income (CAD) | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Other Income (CAD) | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Vacancy Loss (CAD) | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Effective Gross Income (CAD) | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Taxes (CAD) | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Operating Expenses (CAD) | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Total Expenses (CAD) | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Net Operating Income (CAD) | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
PROPERTY FACTS
AMENITIES
UNIT AMENITIES
- Air Conditioning
- Ceiling Fans
- Dining Room
UNIT MIX INFORMATION
| DESCRIPTION | NO. UNITS | AVG. RENT/MO | SF |
|---|---|---|---|
| 2+1 | 112 | $3,560 CAD | 682 - 685 |
| 2+1 | 114 | $3,699 CAD | 1,245 - 1,250 |
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112 Milton St - Milton Street Duplex in Lantana
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