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124 Mayfield Road, Lantana, FL, 33462

3beds
2baths
1,700sqft
$789,000
$464price/sqft
$9,713/moest. monthly cost
$388,520/yrincome needed

About This Home

East Lantana Duplex - Prime Coastal Location! Don't miss this fantastic investment opportunity or owner-occupant property just minutes from the beach in desirable East Lantana. This well-maintained duplex features separate electric meters and offers two comfortable, updated residences in one of Palm Beach County's most sought-after coastal neighborhoods. One side offers a spacious 2-bedroom, 1-bath layout with renovated finishes, tile flooring throughout, central A/C, a bright enclosed sunroom, and a private rear patio perfect for relaxing or entertaining. The adjoining 1-bedroom, 1-bath unit is cozy and inviting, featuring a beautifully updated bathroom, luxury vinyl flooring, central A/C, and a functional floor plan ideal for a tenant, seasonal rental, or guest suite. Each unit includes its own covered carport and enjoys access to a generous backyard with plenty of outdoor space. Located just minutes from the beach, Intracoastal Waterway, shopping, dining, and all that East Lantana has to offer, this duplex is an excellent opportunity for investors or those looking to live in one unit while generating income from the other.

Getting Around

74
WalkingVery Walkable
0
TransitVery Limited Transit
54
BikeBikeable

Schools

4/10
Lantana Elementary SchoolGrades PK-50.6 mi
3/10
Lantana Middle SchoolGrades 6-80.8 mi
2/10
Lake Worth High SchoolGrades PK,9-122.7 mi

Construction

Condition

  • Property condition: Resale
  • Year built: 1948

Materials

  • Foundation: Slab
  • Roof: Composition
  • Construction materials: Fiber Cement,Frame

Type & Style

  • Home type: MultiFamily
  • Property subType: Duplex,Multi Family,Multi Family

Interior

Bedrooms & Bathrooms

  • Bedrooms: 3
  • Bathrooms: 2

Features

  • Flooring: Tile,Vinyl

Heating & Cooling

  • Heating features: Central,Electric
  • Cooling features: Central Air,Ceiling Fan(s),Wall/Window Unit(s)

Interior Area

  • Total structure area: 2,321
  • Total interior livable area: 1,700 sqft

Property

Accessibility

  • Accessibility features: Accessibility Features,Accessible Entrance

Details

  • Parcel number: 40434503090000350
  • Zoning: R15(ci
  • Special condition: Standard,Listed As-Is

Features

  • Levels: One
  • Stories: 1
  • Patio & porch: Patio
  • Exterior features: None,Outdoor Living Area,Room For Pool
  • Fencing: Fenced
  • Waterfront features: None

Lot

  • Lot size: 9,583 sqft
  • Features: < 1/4 Acre

Parking

  • Total spaces: 6

Climate Risk is Financial Risk

Every home has a financial story beyond the listing price. Below, you’ll see the climate risks that could affect this property — and in Bills & Affordability, how those risks may influence repairs, insurance, utilities, and long-term value.

Biggest Threats for This Home

  • Coastal Flooding
    Coastal FloodingRelatively High
  • Hurricane
    HurricaneRelatively High
  • Heat Wave
    Heat WaveModerate
  • Lightning
    LightningModerate
  • Tsunami
    TsunamiInsufficient Data

How This Home’s Risks Compare

Coastal Flooding
Hurricane
Heat Wave
Lightning
Tsunami

FEMA Declared Disasters in Palm Beach County and Florida

Flood
Hurricane
Tropical Depression
Tropical Storm

Understanding the Costs

Financial advisors generally recommend spending no more than 30% of your gross household income on housing costs. In practice, many households stretch to 35% or beyond — especially in high-cost markets.

Estimated Costs Today

MonthlyAnnual
Mortgage $3,989$47,868
Home Insurance *$4,088$49,056
Property Taxes $1,439$17,268
Electricity $197$2,366
Total$9,713$116,556
*Does not include cost of any FAIR Plan premiums

Income You'd Need if You Spent...

35% on housing$333,017/yr
40% on housing$291,390/yr
45% on housing$259,013/yr

Florida FAIR Plan Programs

Citizens Property Insurance Corporation [Florida]

Covered
WildfireWildfire
HailHail
WindWind
Visit Website →
Current Policies
Residential: 1,321,953Commercial: 13,564
Total Premiums$4.60B
Total Exposure$385.82B

How Costs Could Change Over Time

Climate risk is quickly impacting all of the major home ownership costs. Adjust the growth rates and percentage of income spent on housing below to see how your housing costs could change over the next 10 years — and what income you'd need to keep up.

Insurance Growth Rate5-year average: 13.3%
13.3%
0%30.0%
Electricity Growth Rate10-year average: 2.2%
2.2%
0%15.0%
Property Taxes Growth Rate2-year average: 4.0%
4.0%
0%15.0%
Income Spent on Housing
30%
30%45%

Comparing Against the Market

Price Per Sq Ft

$464This listing

vs Other Active Listings

Avg $/sqft

ZIP 33462$534
Palm Beach County$444

vs Homes Sold Last Month

Median $/sqft

ZIP 33462$314
Palm Beach County$365

Current Market Trends

Median Price Per Square Foot

The median price per square foot of homes sold in this area each month. Compare this to this listing's price per square foot to gauge whether the home is priced in line with recent sales.

Historicals for This Listing

Zestimate History ($/sqft)

Price History

DateEventPrice
2023-11-14Listing removed--
2023-11-01Listed for rent$2,200
2023-10-13Listing removed--
2023-10-06Listed for rent$2,200
2023-01-25Sold$600,000
2023-01-13Contingent$649,900
2022-11-11Listing removed--
2022-11-10Price change$2,200
2022-11-07Listed for sale$649,900
2022-10-28Price change$3,300
2022-10-24Listed for rent$3,500
2022-10-12Listing removed--
2022-09-11Price change$669,900
2022-06-25Listed for sale$689,000
2021-11-18Sold$171,300
2020-06-22Sold$190,000

Coming Soon

AgentCurtis Brown
BrokerageHampton Real Estate Group

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