516 S Arnold Avenue, Lantana, FL 33462 (MLS# B26067054)

516 S Arnold Avenue, Lantana, FL 33462

$895,000
Property Type: Residential Income Square Footage: 2,232 Status: Active
Current Price: $895,000 List Date: 8/21/2026 Last Modified: 9/12/2026

Overview

Description

Great income property for your portfolio. 4 Unit single parcel property split into 2 duplex buildings. 3 1-BR units facing South Arnold Ave and a 2-BR unit facing West Branch St. with a long driveway. Fully rented with leases in place. Close to Beach, highways and local restaurants.

Listing Details MLS# B26067054

General Property Information

Number Of Units Total
4
Property Sub Type
Quadruplex
Building Area Main
2232
Building Area Source
Public Records
Living Area Main
1436
Living Area Source
Public Records
Adjusted Area Main
1620
Accessibility Features YN
No
Year Built
1961
Parking Total
5
Gated Community YN
No
Lot Size Area
9932
Lot Size Acres
0.23
Senior Community YN
No
Stories Total
Yes
Stories
Yes
Pool Private YN
No
Spa YN
No
LP/Assessed Value
1.84

Property Features

Documents Available: Copy Of Lease(s); Deposit - Security Exterior Features: None Fencing: None Flooring: Terrazzo Leasing Permitted Details: Okay To Lease Property Condition: Resale Special Listing Conditions: Standard Structure Type: Duplex Tenant Pays: Cable TV; Electricity; Sewer; Water Source Of Expenses: Owner Provided Construction Materials: CBS Cooling: Wall/Window Unit(s) Heating: None Laundry Features: Lower Level Levels: One Listing Terms: 1031 Exchange; Cash; Conventional; FHA; VA Loan Lot Features: Corner Lot Main Living Area: Entry Level Pets Allowed YN: Yes Pets Allowed: Breed Restrictions; No Restrictions Possession: Negotiable Restrictions: No Restrictions Road Frontage Type: West of US-1 Road Responsibility: Public Maintained Road Road Surface Type: Asphalt Roof: Shingle Sewer: Public Sewer Special Information: Sold As-Is Storm Protection Details: None Tax Information: City/County; No Homestead Utilities: Cable Connected; Electricity Connected; Sewer Connected; Water Connected View: Garden Water Access: None Water Source: Public Showing Requirements: 24 Hour Notice; Appointment Only; Listing Agent Must Accompany Unit 1 Appliances: Range; Refrigerator Unit 1 Interior Features: Stack Bedroom Unit 1 Other Equipment: Air Conditioning Unit Unit 1 Parking Features: On Street; Parking Space Unit 1 Rooms: Kitchen Unit 2 Appliances: Range; Refrigerator Unit 2 Other Equipment: Air Conditioning Unit Unit 2 Parking Features: On Street; Parking Space Unit 2 Rooms: Kitchen Unit 3 Appliances: Range; Refrigerator Unit 3 Other Equipment: Air Conditioning Unit Unit 3 Parking Features: On Street; Parking Space Unit 3 Rooms: Kitchen Unit 4 Appliances: Range; Refrigerator Unit 4 Other Equipment: Air Conditioning Unit Unit 4 Parking Features: On Street; Parking Space Unit 4 Rooms: Kitchen Acreage Description: Less Than 1/4 Acre Lot; Less Than 1 Acre Lot

Contract Information

Comp Sale YN
No
Original List Price
990000
Negotiable Seller Concessions YN
No
Listing Service
Full Service
Seller Represented YN
Yes

Location and Legal

Country
United States
County Or Parish
Palm Beach
Street Number
516
Street Direction Prefix
S
Street Name
Arnold
Street Suffix
Avenue
Municipality Type
Incorporated
Municipal Code
40
State Or Province
FL
Postal Code
33462
Postal Code +4
3118
Subdivision Name
PINE ST HOMESITES
Area
5640
Geographic Area
PB16
Elementary School
Lantana
Middle Or Junior School
Lantana Community
High School
Lake Worth
Special Assessment YN
No
Parcel Number
40434503180220130
Subdivision Number
18
Zoning
R15 (city)
Flood Zone
X
Directions
Lantana to Broadway turn south to W Branch St turn right to end of street on the right

Financial Information

Application Required YN
No
Master Association YN
No
Tax Annual Amount
17233.26
Tax Year
2025
Tax Assessed/SOH Value
487187
Tax Legal Description
PINE STREET HOMESITES LT 13 BLK 22
Assessor Market Value
584671

Status Change Information

Major Change Timestamp
2026-09-09T05:19:22Z
Major Change Type
Price Reduced
Price Change Timestamp
2026-09-09T05:19:22Z
Status Change Date
2026-08-21

More Information

Leasing Permitted Details

Leasing Permitted YN
Yes

Meter Information

Separate Electric Meters YN
Yes
Number Of Separate Electric Meters
4
Separate Gas Meters YN
No
Separate Water Meters YN
No
Number Of Meters Total
Yes

Income and Expenses

Annual Total Expense
20000
Gross Income
91200
Net Operating Income
71200

Other Area Details

Living Area Other Structures
1080
Building Area Other Structures
1582
Adjusted Area Other Structures
1181

Pet Details

Pet Fee YN
No

Leasing Restrictions

Leasing - Max Times Per Year
365
Leasing - Minimum Number of Days
Yes

Unit 1 Details

Actual Rent
2400
Baths Full
Yes
Baths Half
Yes
Efficiency YN
No
Furnished
Unfurnished
Hotel Room YN
No
SqFt
1100

Unit 1 Lease Description

Currently Leased YN
Yes
Lease Term
12 Months
Lease Expiration
2027-05-01
Occupant Type
Tenant

Unit 1 Parking Details

Carport YN
Yes
Attached Carport YN
Yes
Garage YN
No

Unit 2 Details

Actual Rent
1800
Baths Full
Yes
Efficiency YN
No
Furnished
Unfurnished
Hotel Room YN
No
SqFt
900

Unit 2 Lease Description

Currently Leased YN
Yes
Lease Term
12 Months
Lease Expiration
2027-05-01
Occupant Type
Tenant

Unit 2 Parking Details

Carport YN
Yes
Attached Carport YN
Yes
Garage YN
No

Unit 3 Details

Actual Rent
1700
Baths Full
Yes
Efficiency YN
No
Furnished
Unfurnished
Hotel Room YN
No
SqFt
700

Unit 3 Lease Description

Currently Leased YN
Yes
Lease Term
12 Months
Lease Expiration
2027-04-03
Occupant Type
Tenant

Unit 3 Parking Details

Carport YN
Yes
Attached Carport YN
Yes
Garage YN
No

Unit 4 Details

Actual Rent
1700
Baths Full
Yes
Efficiency YN
No
Furnished
Unfurnished
Hotel Room YN
No
SqFt
700

Unit 4 Lease Description

Currently Leased YN
Yes
Lease Term
12 Months
Lease Expiration
2027-05-01
Occupant Type
Tenant

Unit 4 Parking Details

Carport YN
Yes
Attached Carport YN
Yes
Garage YN
No

Price Calculations

Current Price To SqFt
689.41

Originating Details

Originating System Key
20260821184858923933000000
Originating System ID
M00000170
IDX
Listing Office: Keyes - Boca East
Last Updated: September - 12 - 2026
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