For SaleRisky Deal36 days on market
507 MINNESOTA Street
507 MINNESOTA Street, Lantana, FL 33462, Lantana, FL 33462
$550,000
Estimate®:$519,800
Listing Price
507 MINNESOTA Street, Lantana, FL 33462
Loc: Lantana, FL
Days Listed
36
Tax Assessed
$330k
Estimate®
$520k
Market Rate
Lot Size
5,750 sqft
Rent Estimate
$2,173/mo
Est. Cash Flow base
Type
single family
More Than Just a Property
We believe a home extends beyond its walls. That's why we help you explore the pulse of the community—from top-rated schools to essential emergency services. Your safety, well-being, and connection to the neighborhood matter to us.
4.9
Safety Score
A+
Schools
Nearby Schools
Educational options and performance ratings in the area.
4
Lantana Elementary School
PK-5
0.3 mi away
3
Lantana Middle School
6-8
0.7 mi away
2
Lake Worth High School
PK,9-12
2.1 mi away
Property Overview
No property narrative or remarks were supplied in the source listing records. Underwriting and financial metrics are calculated directly from public record data and MLS attributes.
Features & Amenities
ranch-style housecovered front porchbrick walkwaywooden porch pillarsamerican flagtropical landscapingmid-century modern influencestucco exteriorwelcoming vibecozy curb appealpotted plantssingle-story
Haven AI Verdict
Recommendation
Risky
Confidence Score: 5/10
Exercise caution due to potential market volatility.
Cap Rate
2.46%
Total ROI
12.4%
Cash Flow
$-1,725/mo
DSCR
0.40
Was this AI Verdict accurate?
Data provided by Haven AI. Disclaimer
Haven AI
Property yields an estimated $-1,725/mo net cash flow with a 2.5% cap rate. Underwriting indicates risky fundamentals for long-term hold.
Strengths
- • Prime residential location in Lantana, FL
- • Long-term capital appreciation corridor
Considerations
- • Verify historical operating expenses and local tax assessment
- • Confirm current lease terms and tenant estoppel certificates
10-Year Price Projection
Price & Tax History
Price History
| Date | Event | Price | Price/sqft |
|---|---|---|---|
| 2026-08-20 | Listed for sale | $550,000 | $490 |
| 2024-01-25 | Listing removed | $0 | – |
| 2023-12-11 | Price change | $4,000 | $4 |
| 2023-11-01 | Price change | $4,500 | $4 |
| 2023-06-13 | Listed for rent | $3,250 | $3 |
| 2022-07-27 | Sold | $400,000 | $357 |
| 2022-07-26 | Listing removed | $0 | – |
| 2022-07-11 | Pending sale | $395,000 | $352 |
| 2022-07-07 | Listed for sale | $395,000 | $352 |
| 2022-07-02 | Contingent | $395,000 | $352 |
| 2022-06-29 | Listed for sale | $395,000 | $352 |
| 2022-06-26 | Contingent | $395,000 | $352 |
| 2022-06-20 | Listed for sale | $395,000 | $352 |
| 2022-05-28 | Listed for rent | $4,000 | $4 |
Tax History
| Year | Property Tax | Tax Assessment |
|---|---|---|
| 2025 | $6,796 | $310,719 |
| 2024 | $6,106 | $282,472 |
| 2023 | $6,195 | $289,572 |
| 2022 | $4,349 | $189,523 |
| 2021 | $737 | $50,270 |
| 2020 | $722.8 | $49,576 |
| 2019 | $711.09 | $48,461 |
| 2018 | $711.09 | $47,557 |
| 2017 | $680.61 | $46,579 |
| 2016 | $596.63 | $45,621 |
| 2015 | $591.22 | $45,304 |
| 2014 | $834.52 | $44,944 |
| 2013 | $816.22 | $44,280 |
| 2012 | $608.47 | $44,947 |
| 2011 | $1,341.94 | $52,579 |
| 2010 | $1,593.81 | $63,734 |
| 2009 | $703.21 | $50,477 |
| 2008 | $650.68 | $50,427 |
| 2007 | $596.96 | $48,958 |
| 2006 | $622.29 | $47,764 |
| 2005 | $0 | $46,373 |
| 2004 | $336.26 | $45,022 |
| 2003 | $104 | $44,183 |
| 2002 | $528.78 | $43,147 |
| 2001 | $518.48 | $42,468 |
| 2000 | $469.39 | $41,231 |
| 1999 | $333.33 | $42,303 |
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