For SaleRisky Deal11 days on market
305 E Ocean Avenue #Th-7
305 E Ocean Avenue #Th-7, Lantana, FL 33462, Lantana, FL 33462
$1,025,000
Estimate®:$971,900
Listing Price
305 E Ocean Avenue #Th-7, Lantana, FL 33462
Loc: Lantana, FL
Days Listed
11
Tax Assessed
$650k
Estimate®
$972k
Market Rate
Rent Estimate
$6,469/mo
Est. Cash Flow base
Type
townhouse
More Than Just a Property
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4.9
Safety Score
A+
Schools
Nearby Schools
Educational options and performance ratings in the area.
4
Lantana Elementary School
PK-5
0.7 mi away
3
Lantana Middle School
6-8
1 mi away
2
Lake Worth High School
PK,9-12
2.4 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
Townhouse2006CentralZoned2 Garage spaces$2,754 monthly11 Days$454
Haven AI Verdict
Recommendation
Risky
Confidence Score: 1/10
Exercise caution due to potential market volatility.
Cap Rate
4.61%
Total ROI
59.0%
Cash Flow
$-1,381/mo
DSCR
0.74
Was this AI Verdict accurate?
Data provided by Haven AI. Disclaimer
Haven AI
Property yields an estimated $-1,381/mo net cash flow with a 4.6% 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 |
|---|---|---|---|
| 2026-09-14 | Price change | $1,025,000 | $454 |
| 2026-03-18 | Price change | $1,099,000 | $486 |
| 2025-12-16 | Listed for sale | $1,150,000 | $509 |
| 2011-04-04 | Sold | $315,000 | $139 |
| 2008-05-13 | Sold | $595,000 | $263 |
| 2006-10-24 | Sold | $584,900 | $259 |
Tax History
| Year | Property Tax | Tax Assessment |
|---|---|---|
| 2025 | $5,638 | $314,411 |
| 2024 | $5,466 | $305,550 |
| 2023 | $5,279 | $296,650 |
| 2022 | $5,261 | $288,010 |
| 2021 | $5,146 | $279,621 |
| 2020 | $5,103.87 | $275,760 |
| 2019 | $5,024.93 | $269,560 |
| 2018 | $5,024.93 | $264,534 |
| 2017 | $4,784.67 | $259,093 |
| 2016 | $4,672.94 | $253,764 |
| 2015 | $4,612.54 | $252,000 |
| 2014 | $4,711.67 | $250,000 |
| 2013 | $5,477.7 | $244,000 |
| 2012 | $6,829.39 | $309,000 |
| 2011 | $7,473.84 | $332,000 |
| 2010 | $7,845.27 | $346,000 |
| 2009 | $9,533.33 | $434,606 |
| 2008 | $11,793.4 | $595,350 |
| 2007 | $11,567.7 | $585,000 |
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