123 Lakeshore Drive, Unit 1543

North Palm Beach, FL 33408

$879,000
Price
3
Beds
2
Baths
1
1/2 Bath
2,478 Sq. Ft.
$355 / Sq. Ft.
2,478
Sq. Ft.
$355
per Sq. Ft.

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...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.
  1. Listed by Lindy Bradford • Sutter & Nugent LLC

Property Details for 123 Lakeshore Drive, Unit 1543

Subdivision
OLD PORT COVE TOWER WEST CONDO
Waterfront
Yes
Waterfront Details
Intracoastal Front
View
Golf, Intracoastal, Marina, Ocean
Furnished
Unfurnished
Style
Condo 5+ Stories, WF/No Ocean Access
LISTING UPDATED: 08/27/2024 02:50 AM

Property Details for 123 Lakeshore Drive, Unit 1543

StatusActive
MLS #RX-11007174
Days on Market145
Taxes$14,148 / year
HOA Fees$1,645 / month
Condo/Co-op Fees-
Compass TypeCondo
MLS TypeCondo/Co-Op/Villa/Townhouse / Condo/Coop
Year Built1980
CountyPalm Beach County

Building

OLD PORT COVE TOWER WEST

85 Units22 StoriesBuilt in 1980

Building Information for 123 Lakeshore Drive, Unit 1543

Building/ComplexOLD PORT COVE TOWER WESTFloor15Stories22Residences85Pet PolicyNot AllowedYear Built1980

Property Information for 123 Lakeshore Drive, Unit 1543

Summary
Location and General Information
  • ADA Compliant: Level, Wide Hallways
  • Property Condition: Resale
  • Development Name: Old Port Cove
  • Directions: US HIGHWAY 1 SOUTH OF PGA
  • Geo Area: Palm Bch 5200; 5210; 5220; 5230; 5240; 5250
  • Street Number: 123
  • Subdivision Complex Bldg: OLD PORT COVE TOWER WEST CONDO, Old Port Cove
  • Municipal Code: North Palm Beach
  • Accessibility Features: Level, Wide Hallways
  • State: FL
  • City Postal ID: 33408
  • MLS Area: 5250
  • MLS Sub Area: PB28
Parking
  • Carport Spaces: 1
  • Garage Spaces: 0
  • Parking: Assigned Parking, Covered Parking
  • Covered Spaces: 1
Taxes and HOA Information
  • Governing Bodies: Condo
  • HOPA: Yes-Verified
  • Association Deposit: No
  • Tax Year: 2023
  • Application Fee: $100.00
  • Maintenance Fee Incl: Cable, Common Areas, Common R.E. Tax, Elevator, Lawn Care, Maintenance-Exterior, Management Fees, Parking, Security, Water
  • Capital Contribution: No
  • HOA Dues: $1,645
  • Type of Governing Bodies: Condo
Property
Lot Information
  • Area: 5250
  • Front Exp: East
  • HOA Amenities: Mandatory
  • Lot Description: East of US-1, Sidewalks
  • Parcel ID: 68434209340001543
  • Property Group ID: 19990816212109142258000000
  • REO: No
  • Special Assessment: Yes
  • Sq Ft Total: 2,478
  • Square Ft Source: Tax Rolls
  • Zoning: R3
  • Front Exposure: East
Property and Assessments
  • Legal Desc: OLD PORT COVE TOWER WEST COND UNIT 1543
  • Unit Floor #: 15
  • Unit Desc: Corner
  • Sq Ft Liv Area: 2478.0
  • Legal Description: OLD PORT COVE TOWER WEST COND UNIT 1543
Utilities
  • Utilities: Cable
Interior and Exterior Features
Exterior Features
  • Construction: Cbs Construction
  • Equip/Appl Included: Dishwasher, Dryer, Fire Alarm, Microwave, Refrigerator, Smoke Detector, Washer, Water Heater - Elec
  • Exterior Features: Open Patio, Wrap-Around Balcony
  • Private Pool: No
  • Security: Gate - Manned, Lobby
  • Storm Protection: Accordion Shutters: Complete
  • Subdiv Amenities: Boating, Cafe/Restaurant, Clubhouse, Community Room, Elevator, Fitness Center, Lobby, Manager on Site, Pool, Spa-Hot Tub
  • Laundry Appliances: Washer and Dryer
  • Gated Community YN: Yes
Interior Features
  • W/D Allowed: Yes
  • Cooling: Electric
  • Flooring: Carpet, Ceramic Tile
  • Heating: Central, Electric
  • Interior Features: Bar, Closet Cabinets, Split Bedroom, Walk-in Closet
  • Main Level Bedrooms: 3
  • Main Level Bathrooms: 2
  • Guest Accommodations: No
  • Master Bath Features: Dual Sinks, Separate Shower, Separate Tub
  • Master Bathroom Description: Dual Sinks, Separate Shower, Separate Tub
  • Baths Total: 2
  • Spa Features: Heated, In Ground
  • Spa: Yes
Master Bedroom
  • Primary Bedroom/Bath: Dual Sinks, Separate Shower, Separate Tub
Porch
  • PatioFeatures: Balcony
Multi Family
Multi-Family Information
  • Stories: 22.0
Rental
Rental Information
  • Pets on Premises: No
  • Other Fees: $100
  • Pets Allowed: No

Property History for 123 Lakeshore Drive, Unit 1543

DateEvent & SourcePriceAppreciation
DateEvent & SourcePrice

For completeness, Compass often displays two records for one sale: the MLS record and the public record.

Public Records for 123 Lakeshore Drive, Unit 1543

Taxable ValueLand-Additions$732,000Total-
Tax Record2023$14,148 ($1,179 / month)
Home Facts
Beds3Baths2.5Total Finished SqFt2,478 SqFtAbove Grade Finished SqFt2,478 SqFtStyleCondominiumYear Built1980CountyPALM BEACHAPN68-43-42-09-34-000-1543

Schools near 123 Lakeshore Drive, Unit 1543

This home is within Palm Beach.
Rating
School
Type
Grades
Distance
Public - PK to 9
Public - 9 to 12
Public - K to 12
Public - K to 12
Rating
School
Distance
The Conservatory School
PublicPK to 9

Palm Beach Gardens High School
Public9 to 12

Palm Beach Virtual Franchise
PublicK to 12

Palm Beach Virtual Instruction Program
PublicK to 12

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

Similar Homes

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123 Lakeshore Drive, Unit 1543 is a condo for sale in North Palm Beach, FL 33408. This property was listed for sale on July 25, 2024 by Sutter & Nugent LLC, it's currently listed at $879,000. It has been on the market for a total of 145 days and was last sold on November 22, 2021. This listing's school district is Palm Beach. Nearby schools include The Conservatory School, Palm Beach Gardens High School and Palm Beach Virtual Franchise. 123 Lakeshore Drive, Unit 1543 is a 3-bed, 2.5-bath, 2,478 sqft condo built in 1980.

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. Offers of compensation are subject to change at the discretion of the seller. No financial or legal advice provided. Equal Housing Opportunity. Subject to change at any time. Compass makes no guarantee, warranty or representation regarding the accuracy of any waterfront feature, water view or waterfront view.

Listing Courtesy of Sutter & Nugent LLC

Based on information from one of the following Multiple Listing Services: Beaches Multiple Listing Service, Inc., Martin County REALTORS® of the Treasure Coast, Inc., Miami Association of REALTORS®. Information being provided is for the visitor’s personal, noncommercial use and may not be used for any purpose other than to identify prospective properties visitor may be interested in purchasing. The data contained herein is copyrighted by Beaches Multiple Listing Service, Inc., Martin County REALTORS® of the Treasure Coast, Inc., Miami Association of REALTORS® is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited. Property information referenced on this web site comes from the Internet Data Exchange (IDX) program of the MLS. This web site may reference real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this web site. For the avoidance of doubt, the accuracy of all information, regardless of source, is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals.