Cove Tower West 123 Lakeshore Dr Unit 1543 North Palm Beach, FL 33408
Juno Beach Neighborhood
3
Beds
2.5
Baths
2,478
Sq Ft
$1,645/mo
HOA Fee
Highlights
- Ocean View
- Property fronts an intracoastal waterway
- Gated with Attendant
- Boat Ramp
- Fitness Center
- Heated Spa
About This Home
As of January 2025Seize 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.
Property Details
Home Type
- Condominium
Est. Annual Taxes
- $14,148
Year Built
- Built in 1980
Lot Details
HOA Fees
- $1,645 Monthly HOA Fees
Property Views
- Golf Course
Interior Spaces
- 2,478 Sq Ft Home
- Bar
- Washer and Dryer
Kitchen
- Microwave
- Dishwasher
Flooring
- Carpet
- Ceramic Tile
Bedrooms and Bathrooms
- 3 Bedrooms
- Split Bedroom Floorplan
- Closet Cabinetry
- Walk-In Closet
- Dual Sinks
- Separate Shower in Primary Bathroom
Home Security
Parking
- Covered Parking
- Assigned Parking
Pool
- Heated Spa
- In Ground Spa
Outdoor Features
- Balcony
- Patio
- Wrap Around Porch
Utilities
- Cooling Available
- Central Heating
- Electric Water Heater
- Cable TV Available
Listing and Financial Details
- Assessor Parcel Number 68434209340001543
Community Details
Overview
- Senior Community
- Association fees include common areas, cable TV, ground maintenance, maintenance structure, parking, security, water
- Old Port Cove Tower West Subdivision
- 22-Story Property
Amenities
- Elevator
Recreation
- Boat Ramp
- Boating
- Fitness Center
- Community Spa
Security
- Gated with Attendant
- Resident Manager or Management On Site
- Fire and Smoke Detector
Map
About Cove Tower West
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Home Values in the Area
Average Home Value in this Area
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 01/27/2025 01/27/25 | Sold | $815,000 | -7.3% | $329 / Sq Ft |
| 07/26/2024 07/26/24 | For Sale | $879,000 | 0.0% | $355 / Sq Ft |
| 01/06/2022 01/06/22 | For Rent | $4,500 | 0.0% | -- |
| 01/06/2022 01/06/22 | Rented | $4,500 | 0.0% | -- |
| 11/19/2021 11/19/21 | Sold | $750,000 | -11.8% | $303 / Sq Ft |
| 10/20/2021 10/20/21 | Pending | -- | -- | -- |
| 02/27/2021 02/27/21 | For Sale | $850,000 | 0.0% | $343 / Sq Ft |
| 07/22/2019 07/22/19 | For Rent | $2,900 | 0.0% | -- |
| 07/22/2019 07/22/19 | Rented | $2,900 | -- | -- |
Source: BeachesMLS
Tax History
| Year | Tax Paid | Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. | Land | Improvement |
|---|---|---|---|---|
| 2024 | $14,518 | $732,000 | -- | -- |
| 2023 | $14,148 | $723,855 | $0 | $0 |
| 2022 | $13,151 | $658,050 | $0 | $0 |
| 2021 | $11,680 | $580,000 | $0 | $580,000 |
| 2020 | $10,804 | $510,000 | $0 | $510,000 |
| 2019 | $12,081 | $565,000 | $0 | $565,000 |
| 2018 | $11,328 | $565,000 | $0 | $565,000 |
| 2017 | $10,178 | $485,000 | $0 | $0 |
| 2016 | $10,702 | $465,850 | $0 | $0 |
| 2015 | $9,444 | $423,500 | $0 | $0 |
| 2014 | $8,597 | $385,000 | $0 | $0 |
Source: Public Records
Deed History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Warranty Deed | $815,000 | None Listed On Document | |
| Warranty Deed | $750,000 | None Available | |
| Warranty Deed | $577,500 | Clarion Title Company | |
| Interfamily Deed Transfer | -- | -- |
Source: Public Records
Similar Homes in North Palm Beach, FL
Source: BeachesMLS
MLS Number: R11007174
APN: 68-43-42-09-34-000-1543
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