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. Residents can enjoy a leisurely stroll along the scenic 2-mile walking path that leads to the on-site restaurant, or dock their boat at the Safe Harbour Marina. Located in a 55+ community, this unit provides both an exclusive lifestyle and a solid investment opportunity.
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. Residents can enjoy a leisurely stroll along the scenic 2-mile walking path that leads to the on-site restaurant, or dock their boat at the Safe Harbour Marina. Located in a 55+ community, this unit provides both an exclusive lifestyle and a solid investment opportunity.
Overview
Property Type
Condo
Location
123 Lakeshore Drive 1543, North Palm Beach, FL 33408
Zoning
R3
MLS ID
R11007174
Listing Last Updated
Property Features & Amenities
Interior
Total Bedrooms
3
Full Bathrooms
2
Half Bathrooms
1
Flooring
Carpet, Ceramic Tile
Appliances
Dryer, Dishwasher, Electric Water Heater, Microwave, Refrigerator, Washer
Other Interior Features
Bathtub, Closet Cabinetry, Dual Sinks, Split Bedrooms, Storage, Soaking Tub, Separate Shower, Bar, Walk-In Closet(s)
Exterior
Stories
22
Utilities
Cable Available
Pool
Association
Parking
Assigned, Covered
Heat Type
Central, Electric
Air Conditioning
Electric
Disability Features
Accessible Hallway(s)
Amenities
Boating, Clubhouse, Fitness Center, Pool, Parking, Restaurant, Spa/Hot Tub, Elevator(s)
Security Features
Security System, Fire Alarm, Gated with Guard, Gated Community, Smoke Detector(s)
Other Exterior Features
Balcony, Outdoor Living Area
Details
Total Area
2,478 Sq.Ft.
Water Frontage
Intracoastal Access
View Description
Golf Course
Financial
Price
$815,000
Real Estate Tax
$14,148/yr
HOA
$1,645
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