Price Check
How this price compares
- List price
- $895,000
- Price per sq ft
- $623
- Original price
- $990,000
- Days on market
- 50
This multi-family property in ZIP 33462 is listed at $895,000, or $623 per square foot. The asking price has come down 9.6% from its original $990,000. It has been on the market for 50 days.
Estimated monthly payment
$4,704 /mo
Principal and interest only, based on $179,000 down (20%), a 6.875% 30-year fixed rate. Property taxes, homeowners insurance are not included.
Customize this estimateListing Snapshot
- Price
- $895,000
- Days on Site
- 50 Days
- Bedrooms
- 0
- Total Baths
- 0
- Living Area
- 1,436 sqft
- Total Sq Ft
- 2,232 sqft
- Lot Size
- 0.23 Acres
- Year Built
- 1961
- Property Type
- Multi-Family
- MLS #
- B26067054
- Property Tax
- $17,233 (2025)
- Subdivision
- PINE ST HOMESITES
- County
- Palm Beach
- Status
- Active
- Special Conditions
- Standard / Listed As Is
About This Property
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.
MLS media linkGeneral Features
- Property Type
- Multi-Family
- Status
- Active
- Year Built
- 1961
- Property Condition
- Resale
- Number of Stories
- 1
- Levels
- One
- Lot Size (Acres)
- 0.23
- Living Sq Ft
- 1,436
- Total Sq Ft
- 2,232
- Structure Type
- Duplex
- Sewer
- Public Sewer
- Water Source
- Public
- Zoning
- R15 (city)
Interior Features
- Cooling
- Wall Window Units
- Heating
- None
- Flooring
- Terrazzo
- Laundry
- Lower Level
Exterior Features
- Construction
- CBS Concrete Block Structure / Block
- Roof
- Shingle
- Exterior Features
- None
- Lot Features
- Corner Lot / Less Than Quarter Acre
- Waterfront Features
- None
- View
- Garden
Community & HOA
- Utilities
- Cable Connected / Electricity Connected / Sewer Connected / Water Connected
- Pets Allowed
- Breed Restrictions / No Pet Restrictions / Yes
- Financing Terms
- Cash / Conventional / Exchange1031 / FHA / Va Loan
- Restrictions
- No Restrictions / Ok To Lease
- MLS Area
- 5640
Schools
- Elementary School
- Lantana
- Middle School
- Lantana Community
- High School
- Lake Worth
About the Community
- Homes for Sale
- 1
- Under Contract
- 0
- Median List Price
- $895,000
- Median $/Sq Ft
- $623
- Avg Days on Market
- 50
Frequently Asked Questions
- How do I schedule a tour of 516 S Arnold Avenue, Lantana, FL 33462?
- Use the Tour button on this listing to request a showing of 516 S Arnold Avenue, Lantana, FL 33462. Pick a day and time and choose an in-person or video-chat tour, and a Pure Equity agent will confirm your visit, often the same day.
- Is 516 S Arnold Avenue, Lantana, FL 33462 still available?
- 516 S Arnold Avenue, Lantana, FL 33462 is currently listed as Active, and has been on the market 50 days. Status updates directly from the MLS as homes go under contract, so ask us to confirm availability before you plan a visit.
- How much is the monthly payment for 516 S Arnold Avenue, Lantana, FL 33462?
- With 20% down ($179,000) on the $895,000 list price and a 30-year fixed loan at an illustrative 6.875% rate, the estimated principal & interest for 516 S Arnold Avenue, Lantana, FL 33462 is about $4,704/mo, before property taxes, insurance. Use the payment estimate on this page to adjust the down payment and rate.
- How do I get pre-approved to buy 516 S Arnold Avenue, Lantana, FL 33462?
- Getting pre-approved shows sellers you're a serious buyer and clarifies your true budget before you offer on 516 S Arnold Avenue, Lantana, FL 33462. Contact Pure Equity and we'll connect you with a trusted local lender to review your financing options, no obligation.
- What schools serve 516 S Arnold Avenue, Lantana, FL 33462?
- 516 S Arnold Avenue, Lantana, FL 33462 is zoned for Lantana (elementary), Lantana Community (middle), Lake Worth (high). School assignments and boundaries can change year to year, so confirm current zoning with the local school district before you buy.
- Can I negotiate the price of 516 S Arnold Avenue, Lantana, FL 33462?
- Often, yes. The right offer on 516 S Arnold Avenue, Lantana, FL 33462 depends on how it's priced against comparable multi-family sales in Lantana, how long it's been listed, and how motivated the seller is. Pure Equity will run the comps and help you craft a competitive, well-supported offer.
Listing courtesy of Keyes - Boca East
Listing information is provided by BeachesMLS, Inc.and is deemed reliable but not guaranteed accurate by the MLS or Pure Equity. Information is for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties. © 2026 BeachesMLS, Inc. Last updated August 30, 2026.
$895,000
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Listed by Dorian A Molina, Keyes - Boca East
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Recent Sales
Recently sold homes in ZIP 33462
These are the last 6 recorded closings in ZIP 33462, with the price each home actually sold for rather than what it was listed at. They closed at a median of $223 per square foot. The most recent closed on October 6, 2026. Closed sales are what an appraiser and a buyer's agent will look at, so they are the starting point for pricing a home here.
Sold$565,000
Sold · October 6, 2026
4065 Tomoka Drive
4 bed · 2 bath · 1,710 sqft · $330/sqft
$15,000 over the asking price
Sold$95,000
Sold · October 5, 2026
4237 4th Court
3 bed · 2 bath
$29,999 under the asking price
Sold$375,000
Sold · October 5, 2026
739 S 12th Street
3 bed · 2 bath · 1,684 sqft · $223/sqft
Sold$390,000
Sold · October 2, 2026
110 Yacht Club Way 105
2 bed · 2 bath · 1,036 sqft · $376/sqft
$5,000 under the asking price
Sold$189,900
Sold · October 1, 2026
169 Atlantis Boulevard 302
2 bed · 2 bath · 1,200 sqft · $158/sqft
Sold$135,000
Sold · October 1, 2026
7205 W OAKRIDGE Circle
1 bed · 1.5 bath · 1,100 sqft · $123/sqft
$4,900 under the asking price
See every recorded sale in ZIP 33462 or find out what your ZIP 33462 home is worth.
