426 N 5th Street Lantana FL 33462

Price Reduction
Price Reduction
Address
426 N 5th Street, Lantana, FL
Price
$ 950,000
Property Attributes
  • MLS#R11166195
  • Type
  • Listing Status Active
  • CountyPalm Beach
  • CityLantana
  • Area5640
  • NeighborhoodMANTYHARJU LANTANA IN
  • Zip33462
  • Style
  • Taxes$ 2070
  • Price$ 950,000
  • Bedrooms0
  • Full Bathrooms0
  • Half Bathrooms0
Data Source:
Beaches MLS (FL)
Property Description

OWNER FINANCING POSSIBILITIES MAKE THIS A PRIME DEVELOPMENT OPPORTUNITY, RARE COASTAL INVESTMENT IN THE HEART OF LANTANA. R15 ZONING PLUS NEAR THE BEACH. Exceptional mixed-use opportunity just under ¼ mile from the Atlantic Ocean and area beaches. This unique offering includes a single-family residence plus an adjacent vacant lot, delivering immediate usability with significant redevelopment upside. Zoned R15, allowing up to 12 units, this property is ideally positioned for multifamily development in a rapidly evolving coastal corridor. The site directly abuts commercial zoning, creating strong pathway for commercial or mixed-use conversion. Great flexibility for investors and developers. Opportunities with this level of density potential, location, and zoning flexibility are increasingly rare this close to the ocean.Both lots are 100x150 abutting commercial use on South side and East side. Research has been done and a professional consultant outline for variance process and assurance of commercial conversion, to allow maximum flexibility for planned use.

Elementary School Middle School High School
Barton Elementary School Lantana Community Middle School Lake Worth High School
Price History
2/24/2026 Listed $1,000,000
5/23/2026 5$950,000

General Features

Sewer Public Sewer
Utilities Cable Available,Electricity Available,Sewer Available,Water Available
Possession Close Of Escrow
Development Status Site Plan Filed
Electric 3 Phase
Property Subtype Unimproved Land
Tax Year 2025
Current Use Multi-Family
County Palm Beach
Property Type Land
Association Amenities Beach Access
Subdivision Name MANTYHARJU LANTANA IN
Facing Direction West
Possible Use Commercial
Status Active
Directions Lantana Road just East of US1 on North side.
High School Lake Worth
City Lantana
MLS Area 5640
Elementary School Barton
Tax Annual Amount 2070
Middle/Junior High School Lantana Community
Virtual Tour https://www.propertypanorama.com/426-N-5-Street-Lantana-FL-33462/unbranded
Standard Status Active
Property Sub Type Additional Unimproved Land
PostalCity Lantana
Legal Description MANTYHARJU LTS 31 & 32 TR 1

Exterior Features

Vegetation Grassed,None
Fencing Fenced
Lot Features City Lot
Water Source Public
Road Surface Type Paved
Waterfront Y/N false
Number of Lots 2
Road Responsibility Public Maintained Road

Amenities

  • Foreclosure
  • Views
  • Short Sale
  • New Construction
  • Adult 55+
  • Lease To Own
  • No HOA Fees
  • Furnished
  • Primary On Main
  • Air Conditioning
  • Seller Finance
  • Green
  • Fixer Upper
  • Horse
  • Golf
  • Fireplace
  • Deck
  • Garage
  • Basement
  • Pool

Property vs Average in 33462

Price
AVG $7.49M
$950K
Taxes
AVG $23,568
$2,070

Areas We Cover