420 N 5th Street
Lantana, FL 33462
$949,000
$554/ft²
About this home
Redevelopment potential with 2 separate adjacent lots, combined 220 x 150, currently zoned R15 for up to 12 doors. Less than 1/2 mile from the beach, boat ramp, and true Florida coastal living. RARE LAND HOLDING IN A RAPIDLY CHANGING CORRIDOR. The Arthur Rutenberg CBS home is a bonus. Existing residence provides immediate utility and holding value. Whether your goal is redevelopment, mixed-use potential, long-term appreciation, income generation while planning future use, or creating a one-of-a-kind coastal compound, opportunities of this size and location are becoming increasingly difficult to find.
Property details
Listing
- MLS #
- R11166309
- Status
- For sale
- Listed on
- Feb 24, 2026
- Days on market
- 166 days
- Listing data updated
- Jul 8, 2026
Interior
- Beds
- 3
- Baths
- 2
- Living area
- 1,712 ft²
- Price per ft²
- $554/ft²
Building & community
- Type
- Single-family home
- Year built
- 1964
- County
- Palm Beach
Days on market, price per ft² and the monthly HOA amount are calculated by this site from the MLS data shown; the association fee is normalized to a monthly figure.
True monthly cost
- Mortgage (principal & interest)
- $4,799
- Property taxes (est.)
- $870
- Home insurance (est.)
- $600
- Flood insurance (est.)
- —
Estimated total$6,269*/mo
* Some cost lines aren't available yet for this listing; the total shown is incomplete.
Based on 20% down, a 6.5% rate and a 30-year loan, plus this home's estimated Florida carrying costs. All figures are illustrative estimates — not quotes, not financial or insurance advice.
Sources: flood zone — FEMA National Flood Hazard Layer; mortgage, taxes and insurance figures — this site's own estimates; HOA / CDD — as reported for this listing.
What will this home really cost you?
Location
Mortgage calculator
$4,799/moEstimated principal & interest. Taxes, insurance, and HOA are not included. This is an estimate, not a quote or financial advice.
This listing is courtesy of Keller Williams Realty - Welli.
Lynell Diane D. Harbison · 561-301-6557 · diane@dianeharbison.com · 561-472-1236
Data deemed reliable, but is not guaranteed accurate by MIAMI REALTORS®.
Similar homes nearby
1 / 63D tour$899,000$642/ft²
139 Prospect Road
Lantana, FL 33462
30 days on market
1 / 63D tour$899,000$853/ft²
324 N Lake Drive
Lantana, FL 33462
96 days on market
1 / 63D tour$890,000$844/ft²
318 N Lake Drive
Lantana, FL 33462
169 days on market
1 / 63D tour$1,075,000$506/ft²
309 E Ocean Avenue
Lantana, FL 33462
206 days on market