Premier Brokers International
612 W Drew Street, Lantana, FL 33462
Price reducedMLS listing sourceMIAMI REALTORS® MLS
Price reducedMLS® A12079900
$499,900

↓ Price reduced $55,100 on Oct 25, 2026

612 W Drew Street, Lantana, FL 33462

Beds
—
Baths
0
Sqft
800
Est. payment$3,285/mo
Home type
Duplex
Year built
1957
Lot size
—
Price / sqft
$625
HOA
$0/mo
Community
GREYNOLDS HIGHLANDS

Property description

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 activity

Days on market
54
Listed
Aug 31, 2026
MLS listing updated
Oct 25, 2026
Feed last checked
13 minutes ago

Listed by Anthony Martinez · Compass Florida LLC

Map

Map location is based on MLS-supplied coordinates. Verify the location before relying on it.

Facts & features

Interior

Bedrooms & bathrooms

Bathrooms
0
Bathrooms (decimal)
0

Rooms & features

Flooring
Tile

Heating & cooling

Heating
Separate Meters, Central
Cooling
Central Air
Property

Exterior

Stories
1
Building area
1,000 sqft
Patio & porch
Patio
Fencing
Fenced
Pool
No
Waterfront property
No

Lot

Lot features
Fruit Tree(s)
Zoning
R15 (cit
Construction

Type & style

Home type
Duplex
Structure type
Duplex
Year built
1957
New construction
No

Materials

Construction
Block
Roof
Shingle
Property condition
Updated/Remodeled, Resale
Utilities & green energy

Utilities

Sewer
Public Sewer
Water
Public
Utilities
Cable Available
Community & HOA

Community

Subdivision
GREYNOLDS HIGHLANDS
MLS area
5640
MLS subarea
PB30

Association

Has association
No
Estimated monthly dues
$0
Lease details

Not reported by the listing source.

Location

Area details

City
Lantana
County
Palm Beach
ZIP code
33462
Manufactured home details

Not reported by the listing source.

Financial & listing details

Listing

MLS number
A12079900
Possession
Close Of Escrow
Original list price
$569,000
Parcel number
40434503160240071
Annual property tax
$5,296
Tax year
2025
Tax legal description
GREYNOLDS HIGHLANDS REPL OF PTOF SEC 3-45-43~ W 43 FT OF LT 7 & E 14 FT OF LT 8 BLK 24
Additional MLS details

Reported by the listing source

Association
No
Bathrooms Total Decimal
0
Bathrooms Total Integer
0
Building Area Total
1000
Construction Materials
Block
County Or Parish
Palm Beach
Days On Market
54
Elementary School
Lantana
High School
Lake Worth
List Price
499900
Listing Contract Date
2026-08-31
Living Area
800
MLSArea Major
5640
MLSArea Minor
PB30
Middle Or Junior School
Lantana Community
Mls Status
Active
On Market Date
2026-08-31
Patio And Porch Features
Patio
Photos Count
18
Postal Code
33462
Price Change Timestamp
2026-10-25T01:28:32Z
Property Sub Type
Duplex
Property Type
Residential Income
Standard Status
Active
State Or Province
FL
Status Change Timestamp
2026-08-31T04:00:00Z
Stories Total
1
Subdivision Name
GREYNOLDS HIGHLANDS
Water Source
Public
Tax Annual Amount
5296
Pool Private
No
Waterfront
No

Market value

Automated estimate—No licensed valuation source connected
Estimated sales range—Ask Karim for a local market analysis
Estimated rent—No licensed rental valuation source connected

Price history

DateEventPrice
Aug 31, 2026ListedMIAMI REALTORS® MLS$569,000$711/sqft
Oct 25, 2026Price reducedMIAMI REALTORS® MLS$499,900$625/sqft

Public tax history

YearProperty taxesAssessment
2025$5,296—

Payment calculator

Estimated monthly payment$3,285/moIllustrative estimate, not a loan offer.
Principal & interest
$2,594
Property taxes
$441
Insurance
$250
Association dues
$0

Live national rate context is displayed below through Mortgage News Daily’s official widget. The calculator rate remains a separate assumption until licensed machine-readable access is connected. This is not a loan offer.

Neighborhood

Area

GREYNOLDS HIGHLANDS

Lantana · Palm Beach County · 33462

Climate risk

—

No licensed climate-risk source is connected.

Nearby schools

LantanaElementary
—
Lantana CommunityMiddle
—
Lake WorthHigh
—
School names and districts are MLS-reported when available. Verify attendance boundaries with the school district. Ratings require a licensed ratings provider.

Nearby homes

12 homes

Similar homes

12 homes
MLS listing source

MIAMI REALTORS® MLS · Listing courtesy of Compass Florida LLC. All listings featuring the BMLS logo are provided by BeachesMLS, Inc. This information is not verified for authenticity or accuracy and is not guaranteed. Copyright ©2026 BeachesMLS, Inc. IDX information is provided exclusively for consumers’ personal, non-commercial use and may be used only to identify prospective properties they may be interested in purchasing or leasing. Terms of use · Equal Housing Opportunity.