This home's estimate is 40.7% lower than the average sale price ($595K) of 6 comparable homes.
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7871 Terrace Rd, Lantana, FL 33462
About this home
DOUBLE LOT!!!! Attention investors and developers, this is the deal of the year. 0.3 miles to intracoastal. Existing duplex, recent work done including interior/exterior paint and new appliances. This duplex is situated on a double lot! Cash flow immediately with two units ready to rent with the potential for the development of additional unit(s) or even the possibility of subdividing. Great Airbnb potential or live in one side and rent the other! This will not last long, submit your offers ASAP!
Redfin Estimate
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Market trends in 33462, FL
Last updated July 2026
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Sale history for 7871 Terrace Rd
$423/sq ft
$381/sq ft
$403/sq ft
$424/sq ft
$254/sq ft
$106/sq ft
$49/sq ft
Tax history for 7871 Terrace Rd
*Taxable value of land and structures on it ("additions") is determined regularly by local assessors and does not affect market price.
Public record
- Public record
- Zoning
RM
Multifamily Residential District
The RM district is intended primarily for the development of multiple family dwelling units.Include but are not limited to:
- Housing-Group
- Housing-Single unit
- Housing-Other
Property details
Interior
- Virtual Tour Information
- Bathroom Information
- Bathrooms Total Integer: 2
- Interior Features
- Flooring: Ceramic Tile
- Multi-Family Financial Information
- # of Units Total: 2
- Tenant Pays: Cable TV, Electricity, Water
- Number Of Units In Community: 2
Exterior
- Building Information
- Building Area Total: 944
- Building Area Source: Public Records
- Construction Materials: Block, CBS
- Exterior Features
- Roof: Composition, Other
- Property Information
- Property Sub Type: Duplex
- Property Condition: Resale
- Living Area: 944
- Lot Information
- Lot Size Dimensions: 100X100
- Lot Features: Fruit Tree(s), Room for Pool
- Waterfront YN: No
- Waterfront Features: None
Financial
- Tax Information
- Tax Annual Amount: $2,846
- Tax Year: 2022
- Parcel Number: 00434510070000870
Utilities
- Utility Information
- Electric: Three Phase
- Sewer: Septic Tank
- Heating & Cooling
- Has Heating
- Heating: Window/Wall
- Has Cooling
- Cooling: Wall/Window Unit(s)
Location
- HOA Information
- Association Amenities: None
- Location Information
- Directions: Gateway East off of I95, N on Federal
Public facts
- Beds: 2
- Baths: 2.0
- Sq. Ft.: 944
- Stories: 1.0
- Lot Size: 10,000 square feet
- Style: Multi-Family (2-4 Unit)
- Year Built: 1955
- Year Renovated: 1992
- County: Palm Beach County
- APN: 00434510070000870
Around this home
Schools
Public PreK-5 • Assigned • 0.4mi
Public PreK-12 • Assigned • 2.1mi
Lifestyle
Provided by Walk Score and Local Logic
Climate risks
Minimal risk of a flood reaching the building in the next 30 years
Unlikely to be in a wildfire in next 30 years
7 days above 104° expected this year, 27 days in 30 years
99% chance of strong winds in next 30 years
0 unhealthy days expected this year, 2 days in 30 years
Sun exposure
Exceptional sunlight
SunscoreThere appears to be minimal shading by surrounding buildings, terrain, and vegetation.
Nearby similar homes
New listings for sale in 33462
Home values near 7871 Terrace Rd
| Address | Redfin Estimate |
|---|---|
2 Beds | 1 Baths | 900 Sq. Ft. | $279,009 |
2 Beds | 2 Baths | 828 Sq. Ft. | $258,244 |
| Address | Redfin Estimate |
|---|---|
1 Beds | 1 Baths | 442 Sq. Ft. | $218,546 |
3 Beds | 2 Baths | 1412 Sq. Ft. | $373,257 |
| Address | Redfin Estimate |
|---|---|
- Beds | 3 Baths | 2259 Sq. Ft. | $486,221 |
4 Beds | 2 Baths | 1711 Sq. Ft. | — |
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