Condo in 1202 S Lake Drive 105, Lantana, FL 33462 with MLS# B26037294

Welcome to waterfront living at its finest in Hidden Banyan, a boutique Intracoastal community of just 24 residences tucked away in the heart of Lantana. This beautifully renovated first-floor corner unit offers 2 bedrooms, 2 bathrooms, and an expanded L-shaped patio offering water views, combining coastal charm with modern updates in a peaceful, private setting. Upon entering the secure building, you'll be greeted by a tranquil courtyard, complete with mature and tropical landscaping. Inside, the light-filled corner residence benefits from an abundance of windows, creating a bright and inviting atmosphere. The thoughtfully updated kitchen features rich wood cabinetry, granite countertops, stainless steel appliances, and a convenient breakfast bar that seamlessly connects the kitchen to the dining and living areas-perfect for both everyday living and entertaining. There is also a coordinating built-in bar complete with wine cooler and storage. This spacious floor plan offers comfortable living spaces, well-appointed bedrooms and updated bathrooms, and the convenience of an in-unit washer and dryer. Two assigned parking spaces, bike storage, and an additional private storage room provide exceptional practicality rarely found in condo living. Hidden Banyan residents enjoy an impressive collection of waterfront amenities, including a heated Intracoastal-front pool, expansive furnished pool deck, barbecue area, restroom facilities, kayak access, and a private fishing and observation pier extending into the water. Relax at the end of the dock while enjoying spectacular sunsets, cooling coastal breezes, and endless million-dollar water views. This pet-friendly, all-ages community is ideally located just one mile from Lantana Beach, making it easy to walk, bike, or take a short drive to the ocean. Popular waterfront dining destinations, including the renowned Old Key Lime House, along with local cafés, shopping, and entertainment are all nearby. Outdoor enthusiasts will appreciate free access to tennis and pickleball courts at the nearby Lantana Recreation Center. The condominium offers excellent ownership value with HOA fees covering water, sewer, trash removal, landscaping, pool maintenance, roof maintenance, elevator service, reserve funding, and building insurance. Investors will appreciate the flexible leasing policy, allowing rentals up to twice per year with a minimum three-month lease term and no waiting period to lease. Whether you're seeking a year-round residence, seasonal retreat, or investment opportunity, this exceptional waterfront condo delivers the perfect combination of location, lifestyle, and value in one of Lantana's best-kept hidden gems.

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1202 S Lake Drive 105, Lantana, FL 33462

Price
Price:
$295,000.00
Original List Price:
$295,000.00
List Price per Sq Ft (Calculated, Approx.):
$218.35
Close Price:
$285,000.00
Transaction closed on:
August 7, 2026
Property Status and Type
Listing Type:
Sold
Status:
Closed
Contingency:
Active Under Contract
Special Sale Conditions:
Standard
Listing Category:
Residential
Property Type:
Condominium
Description of Last Important Update:
Status Change
Last Major Update on:
August 7, 2026 4:43 pm
Rooms Distribution
Bedrooms:
2
Bathrooms Total:
2
Full Bath:
2
Room Type:
Kitchen, Living Room, Master Bedroom
Master Bedroom Bath:
Master Bdrm - Sitting, Combo Tub/shower
Dining Area:
Snack Bar/counter, Dining/Living Room
Measures
Living Area:
1,351 Sqft
Built-Up Area:
1,351 Sqft
Building Area Source:
Public Records
Living Area Source:
Public Records
Property Features
View from the Property:
Water, Intracoastal
Waterfront:
Yes
Waterfront Features:
Intracoastal
Security:
Building Security, Building Security
Furnished:
Negotiable
Appliances:
Dryer, Dishwasher, Disposal, Microwave, Refrigerator, Washer, Electric Range, Electric Water Heater, Water Heater, Wine Refrigerator
Interior:
Pantry, Walk-In Closet(s), Built-in Features, Bar, Storage, Bedroom Layout - Split
Patio and Porch:
Patio, Patio - Covered, Patio - Screened
Windows:
Plantation Shutters, Sliding
Laundry:
Laundry Closet, In Unit
Air Conditioning
Air Conditioning System:
Central Air, Ceiling Fan(s), Electric
Heating
Heating System:
Central, Electric
Property Entrance Faces:
East
Unit Description:
Corner/end Unit
Storm Protection Accordian Shutters:
Complete
Construction
Year Built:
1980
Roof:
Other
Year Roof Installed:
2025
Levels:
One
Construction Materials:
CBS
Flooring:
Mexican Tile
Number of stories:
5
Structure Type:
Multi Family
Number of Units in the Community or Building:
24
Stories:
1
Flood Zone Code:
AE
Property Condition:
Resale
Taxes and Expenses
Tax Annual Amount:
$3,499.00
Tax Year:
2025
Tax Assessed Value:
$204,428.00
Association Fee:
$1,094.33
Association Fee Frequency:
Monthly
Property Tax Details:
City/County, No Homestead
Parking
Parking Total Spaces:
2
Covered Spaces:
0
Parking Features:
Assigned, Guest
Utilities
Sewer:
Public Sewer
Utilities Available:
Sewer Available, Water Available
Water Source:
Public
Community
Association
Association Membership:
Mandatory
Application Required
Application Fee:
$235.00
Application Information:
Association Approval Required
Association Type:
Condominium
Pets Allowed?:
Yes, Pet Restrictions Possible
Lease Number Times per Year Allowed:
2
Amenities Provided by the Homeowner's Association (HOA):
Pool, Bike Storage, Fishing Pier, Storage, Elevator(s), Parking
Building Name:
HIDDEN BANYAN
Subdivision Name:
HIDDEN BANYAN CONDO
Association Fee Includes:
Maintenance Grounds, Sewer, Water, Trash, Maintenance Structure, Common Areas, Elevator, Reserve Funds, Roof Repairs, Pool Service
Senior Community:
No
Development Name:
HIDDEN BANYAN
Restrictions:
Buyer Approval Required, Parking - No Boat, Parking - No Commercial Vehicles, Parking - No Rv, Lease Restrictions, Parking - No Trailer
Minimum Days per Lease:
90
Leasing Permitted
Leasing Permitted Details:
Okay To Lease During First Year
Terms
Listing Terms Considered by Seller:
Cash, Conventional
Buyer Possession:
Close Of Escrow
Negotiable Seller Concessions
Zoning and Legal
Tax Legal Description:
HIDDEN BANYAN COND UNIT 105
Real Estate Folio Number (Parcel Number):
40434503300001050
Zoning:
R15 (city)
Public Schools Assigned
Elementary School:
Indian Trace
High School:
Lake Worth
Middle Or Junior School:
Lantana Community
Listing History
Active on the market since:
June 5, 2026
Listing Agreement executed on:
June 5, 2026
Purchase Contract Date:
July 15, 2026
Listing Status Last Changed On:
August 7, 2026 4:43 pm
Photos updated on:
June 5, 2026 2:31 pm
Last Modified:
August 7, 2026 4:44 pm
Additional Information
Courtesy of:
RE/MAX Services
Attribution:
Not provided
Location
Floor Number:
1
Street Name:
Lake
Street Number:
1202
Unit Number:
105
City:
Lantana
State:
Florida
Zip Code:
33462
County:
Palm Beach
Latitude:
N26° 34' 30.1''
Longitude:
W81° 56' 57.4''
Street Suffix:
Drive
Street Direction Prefix:
S
Property Map

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Neighborhood Stats

Source: U.S. Census Bureau, ACS 5-Year Estimates

Median Household Income $72,288
Median Home Value $323,600
Median Rent $1,659/mo
Median Age 42
Population 32,495
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Association of REALTORS®
Disclaimer: IDX listing information is presented by Rebonus Brokerage LLC for consumer informational purposes only. All listings featuring the BMLS logo are provided by BeachesMLS, Inc. This information is not verified for authenticity or accuracy and is not guaranteed by the MLS or the real estate broker. ©2026 BeachesMLS, Inc. The information provided is for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. This page presents structured listing information sourced directly from the MLS via the RESO Web API feed. Rebonus prioritizes maximum field coverage and data completeness, displaying the most granular MLS-provided attributes available. Properties may be listed or sold by various participants in the MLS.