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123 Lakeshore Drive 1543
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PRICED AT ONLY: $879,000

Address: 123 Lakeshore Drive 1543, North Palm Beach, FL 33408

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.

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  • MLS#: RX-11007174 ( Condo/Coop )
  • Street Address: 123 Lakeshore Drive 1543
  • Viewed: 11
  • Price: $879,000
  • Price sqft: $0
  • Waterfront: Yes
  • Wateraccess: Yes
  • Year Built: 1980
  • Bldg sqft: 0
  • Bedrooms: 3
  • Total Baths: 3
  • Full Baths: 2
  • 1/2 Baths: 1
  • Garage / Parking Spaces: 1
  • Days On Market: 156

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.
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Features
Building and Construction
  • Absolute Longitude: 80.056654
  • Construction: CBS
  • Covered Spaces: 1.00
  • Exterior Features: Open Patio, Wrap-Around Balcony
  • Flooring: Carpet, Ceramic Tile
  • Front Exp: East
  • Sqft Source: Tax Rolls
  • Sqft Total: 2478.00
  • Total Floorsstories: 22.00
  • Total Building Sqft: 2478.00
Property Information
  • Property Condition: Resale
  • Property Group Id: 19990816212109142258000000
Land Information
  • Lot Description: East of US-1, Sidewalks
  • Subdivision Information: Boating, Cafe/Restaurant, Clubhouse, Community Room, Elevator, Fitness Center, Lobby, Manager on Site, Pool, Spa-Hot Tub
Garage and Parking
  • Parking: Assigned, Covered
Eco-Communities
  • Private Pool: No
  • Storm Protection Accordion Shutters: Complete
  • Waterfront Details: Intracoastal
Utilities
  • Carport Spaces: 1.00
  • Cooling: Electric
  • Heating: Central, Electric
  • Pets Allowed: No
  • Security: Gate - Manned, Lobby
  • Utilities: Cable
Finance and Tax Information
  • Application Fee: 100.00
  • Home Owners Association poa coa Monthly: 1645.00
  • Homeowners Assoc: Mandatory
  • Membership Fee Required: No
  • Tax Year: 2023
Other Features
  • American Disabilities Act Compliant: Level, Wide Hallways
  • Country: United States
  • Equipment Appliances Included: Dishwasher, Dryer, Fire Alarm, Microwave, Refrigerator, Smoke Detector, Washer, Water Heater - Elec
  • Furnished: Unfurnished
  • Governing Bodies: Condo
  • Housing For Older Persons Act: Yes-Verified
  • Interior Features: Bar, Closet Cabinets, Split Bedroom, Walk-in Closet
  • Legal Desc: OLD PORT COVE TOWER WEST COND UNIT 1543
  • Spa: Yes
  • Parcel Id: 68434209340001543
  • Possession: At Closing
  • Special Assessment: Yes
  • Unit Number: 1543
  • View: Golf, Intracoastal, Marina, Ocean
  • Views: 11
  • Zoning: R3
Nearby Subdivisions
Carriage Homes At Frenchmans H   Castlewood Condo   Castlewood Town Villas Condo   Earman Villas Condo   Everglades House   Everglades Of North Palm   Everglades Of North Palm Beach   Frenchmans Harbor   Frenchmans Harbor Condo   Gemini   Gemini Condo   Governors Pointe   Governors Pointe Condo   Greathouse Condo   Hampshire Arms Condo Apts Lt 1   Hampton House Condo   Harbor Villas Palm Beach Condo   Harbour Lights Condo   Harbour Towers Condo 55+ Comm   Lake Colony Apt One   Lake Colony Apts One Inc   Lake Colony Apts Three Inc   Lake Colony Apts Two Inc   Landings (south) Condo   Landings Condo   Landings Condo Lt   Landings East Cond Lt 11 Marin   Lori Lynn   Marina At Twelve Oaks Condo   Marina Bay Condo   North Cove Condo   North Cove Condos   North Palm Beach Village Of Pl   Northlake Condo   Northport Condo   Ocean House Three Condo   Old Port Cove   Old Port Cove - Lake Point Tow   Old Port Cove Admiralty   Old Port Cove Condo Five   Old Port Cove Condo One   Old Port Cove Condo One, Admir   Old Port Cove Condo Three   Old Port Cove Condo Two   Old Port Cove Condominium   Old Port Cove Harbor Vill   Old Port Cove Harbor Village C   Old Port Cove Lake Point Tower   Old Port Cove Marina Tower   Old Port Cove Tower   Old Port Cove Tower East Condo   Old Port Cove Tower West Cond    Old Port Cove Tower West Condo   Old Port Cove- Quay South   Paradise Harbour Condo   Paradise Harbour Condo No 2   Paradise Harbour Of North Palm   Paradise Villas Condo   Ports O Call   Ports O Call Condo S A, B, C A   Pro's Nest Condo   Quay North   River Key Condo   Sandpiper Condo   Schooner Bay Condo   Seamark   Seamark Condo   Seamark Condominium   Shady Oaks   Shore Club   Shore Club Apts A Inc   Shore Club Apts B & C Condo   Shore Club Apts B &c Condos   Shoreham   Shoreham Condo   Shutters Condo   Southwind Landings Condo   Twelve Oaks Condo   Village Garden   Village Garden Condo Apts   Water Club   Water Club 3 North Palm Beach    Water Club North Palm Beach Co   Waterway Condo   Waterway East Condos   Waterway Terrace Condo   Waterway West Condos   Westport   Windsor Park North Condominium   Yacht Club   Yacht Harbour Landings Condo  
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