Home » North Palm Beach » 123 Lakeshore Drive 1543, North Palm Beach, FL 33408 | R11007174/RX-11007174

123 Lakeshore Drive 1543, North Palm Beach, FL 33408 | For Sale

$879,000

Property Highlights

Listing ID R11007174/RX-11007174 Status of this Listing: Active For Sale Property Type Residential Condominium 3 Bedrooms 3 Bathrooms Total 2 Full Bath 1 Half Bath Living Space 2,478 Sqft/230.21 m2 approx. Building Area 2,478 Sqft/230.21 m2 approx. COMMUNITY POOL Year Built 1980 Waterfront Has view of the Ocean Time of this property on Rebonus 35 Day(s)
53 Photos of this Property

123 Lakeshore Drive 1543, North Palm Beach, FL 33408

Property Description: Seize the chance to own a prime investment property on a high floor in the most coveted stack at Old Port Cove Towers. This rare find offers breathtaking, unobstructed wrap-around views of the Intracoastal Waterway, marina, Singer Island, and beyond.The spacious 3-bedroom, 2.5-bath unit features a well-designed split floor plan, generous living areas, a dedicated laundry room, and ample storage throughout. This property comes with the added benefit of a reliable, guaranteed tenant, making it an ideal investment with immediate returns. The current lease extends until May 2025, with the tenant holding an option to renew for an additional two years--offering flexibility for either short-term investment with future move-in potential or long-term rental income.

Useful Info

Original List Price:$879,000

Construction

Year Built Details:
  • Resale
Property Condition:
  • Resale
Entry Level (floor):15
Construction Materials:
  • Block
Flooring:
  • Carpet
  • Ceramic Tile
Number of stories:22

Property Features

Has View:Yes
View from the Property:
  • Intercoastal
  • Ocean
  • Golf Course
Waterfront:Yes
Waterfront Features:
  • Intracoastal Access
Swimming Pool Features:
  • Community
  • None
  • Association
Spa:Yes
Spa Features:
  • Community
  • Heated
  • In Ground
Security:
  • Smoke Detector(s)
  • Gated With Guard
Furnished:
  • Unfurnished
Appliances:
  • Dryer
  • Dishwasher
  • Microwave
  • Refrigerator
  • Washer
  • Electric Water Heater
  • Washer/dryer
Interior Features:
  • Split Bedrooms
  • Walk-in Closet(s)
  • Closet Cabinetry
  • Bar
  • Separate Shower
  • Dual Sinks
Exterior Features:
  • Balcony
  • Patio
Patio and Porch Features:
  • Patio
  • Wrap Around
Air Conditioning:Yes
Air Conditioning System:
  • Electric
Heating:Yes
Heating System:
  • Central
  • Electric

Taxes and Expenses

Tax Annual Amount:$14,148

Property Tax Notice for Buyers: Do not rely on the current property taxes paid by the seller, as your tax liabilities may increase following the sale. Transferring ownership or making improvements to the property often triggers tax reassessments, which could raise the amount you owe. If you have questions regarding property valuation, please contact the County Property Appraiser’s Office.

Tax Year:2023
Association Fee:$1,645
Association Fee Frequency:
  • Monthly

Terms

Listing Terms Considered by Seller:
  • Cash
  • Conventional
Buyer Possession:
  • Close Of Escrow
Lease Considered:No

Community

Amenities Provided by the Homeowner's Association (HOA):
  • Pool
  • Spa/hot Tub
  • Clubhouse
  • Management
  • Elevator(s)
  • Fitness Center
Subdivision Name:OLD PORT COVE TOWER WEST
Community Features:
  • Clubhouse
  • Gated
  • Pool
  • Boat Facilities
  • Property Manager On-site
Association Fee Includes:
  • Maintenance Grounds
  • Water
  • Cable Tv
  • Security
  • Maintenance Structure
  • Common Areas
  • Parking
Complex Name:OLD PORT COVE TOWER WEST
Senior Community:Yes
Development Name:Old Port Cove

Parking

Garage Spaces:0
Covered Spaces:0
Parking Features:
  • Covered
  • Assigned

Utilities

Utilities Available:
  • Cable Available

More Details

Other Information:
Housing Older Persons Act: Verified
Data exchange original Listing Number: RX-11007174
Type of Governing Bodies: Condominium

Zoning and Legal

Tax Legal Description:OLD PORT COVE TOWER WEST COND UNIT 1543
Real Estate Folio Number (Parcel Number):68434209340001543
Zoning Description:R3

Listing History

Update/EventDate/Days
Published Date:July 25, 2024 12:38 pm
On Market Date:July 25, 2024
Listing Contract Date:July 25, 2024
Activation Date:July 26, 2024
Last Important Update Description:New Listing
Date and Time of Last Important Update:July 26, 2024 11:45 am
Status Last Changed:July 26, 2024 12:00 am
Photos Last Modified:July 26, 2024 5:08 pm
Last Modified:August 27, 2024 8:35 am
Days on the Market Reference Date:August 27, 2024
Days on the Market (updated on Last Modified*):32
Cumulative Days on the Market (updated on Last Modified**):32

Additional Information

Lot Size Range:East Of Us 1,
Unit Location:15
Number of Photos Count:53
Geographical Area:Palm Bch 5200; 5210; 5220; 5230; 5240; 5250
Area:5250
Ref ID:1078814028
Automated Valuation Display:Yes
Courtesy of:Sutter & Nugent LLC
Universal Property Id:US-12099-N-68434209340001543-R-N

Location

Show Property Address:Yes
Street Name:Lakeshore Drive
Street Number:123
Street Address:123 Lakeshore Drive 1543
Unit Number:1543
City : North Palm Beach
State : Florida
Zip Code : 33408
County : Palm Beach County
Full Address:123 Lakeshore Drive 1543, North Palm Beach, FL 33408
Latitude:N26° 49' 50.9''
Longitude:W81° 56' 36''

Neighborhood

Postal City:North Palm Beach

Property Map

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