$2,400,000
$300K PRICE DROP

Estimated payment $17,460/month

Total Views 5,221
2 Beds
2 Baths
1,438 Sq Ft
$1,669 Price per Sq Ft

Highlights

  • Property fronts an intracoastal waterway
  • Wood Flooring
  • Impact Glass
  • Palm Beach Public School Rated A-
  • Community Pool
  • Central Heating and Cooling System

About This Home

Enjoy views of the intracoastal from this rare and beautifully updated, oversized 2/2 unit with a Southern exposure in the coveted Lake Towers building. With added square footage to the primary suite, this unique condo features updated kitchen and bathrooms, hardwood floors, and a large balcony. The unit is one of the most desirable locations in the building with the abundant natural light and balcony closest to the intracoastal. Full-service Lake Towers is located directly on the Lake Trail in Palm Beach and features boat dockage and a heated pool.

Listing Agent

Crista Ryan

Tina Fanjul Associates, Inc. License #451844

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $27,422

Year Built

  • Built in 1963

Lot Details

HOA Fees

  • $1,805 Monthly HOA Fees

Parking

  • 1 Car Garage

Interior Spaces

  • 1,438 Sq Ft Home
  • Washer and Dryer

Kitchen

  • Electric Range
  • Microwave
  • Dishwasher
  • Disposal

Flooring

  • Wood
  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 2 Full Bathrooms

Home Security

Utilities

  • Central Heating and Cooling System
  • Cable TV Available

Listing and Financial Details

  • Assessor Parcel Number 50434315350003090

Community Details

Overview

  • Lake Towers Condo Subdivision
  • 7-Story Property

Recreation

Security

  • Impact Glass
  • Fire and Smoke Detector
  • Fire Sprinkler System

Property Details

Home Type

Condominium

Est. Annual Taxes

$27,422

Year Built

Built in 1963

Lot Details

0

HOA Fees

$1,805 per month

Parking

1

Listing Details

  • Prop. Type: Residential
  • Property Sub Type: Condominium
  • Property Sub Type Additional: Condominium
  • Year Built: 1963
  • Entry Level: 309
  • Year Built Details: Resale
  • Special Features: VirtualTour

Interior Features

  • Furnished: Unfurnished
  • Appliances: Dryer, Dishwasher, Electric Range, Disposal, Microwave, Refrigerator, Washer/Dryer, Washer
  • Full Bathrooms: 2
  • Total Bedrooms: 2
  • Flooring: Carpet, Hardwood, Tile, Wood
  • Living Area: 1438.0
  • Stories: 7
  • Window Features: Impact Glass

Exterior Features

  • View: Intercoastal
  • Pool Features: None, Association, Community
  • Waterfront Features: Intracoastal Access
  • Waterfront: Yes
  • Construction Type: Block
  • Property Condition: Resale

Garage/Parking

  • Covered Parking Spaces: 1.0
  • Garage Spaces: 1.0
  • Garage Yn: Yes

Utilities

  • Security: Fire Sprinkler System, Smoke Detector(s)
  • Cooling: Central Air
  • Cooling Y N: Yes
  • Heating: Central
  • Heating Yn: Yes
  • Utilities: Cable Available

Condo/Co-op/Association

  • Association Fee: 1805.0
  • Community Features: Non-Gated, Pool
  • Senior Community: No
  • Amenities: Pool
  • Association Fee Frequency: Monthly
  • Association: Yes

Lot Info

  • Parcel #: 50434315350003090
  • Zoning Description: R-D(1)

Tax Info

  • Tax Year: 2024
  • Tax Annual Amount: 27422.0

Map

Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

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 $27,422 $1,812,000 -- --
2023 $19,303 $773,045 $0 $1,902,000
2022 $12,812 $702,768 $0 $0
2021 $10,939 $665,000 $0 $665,000
2020 $10,561 $645,000 $0 $645,000
2019 $9,975 $610,000 $0 $610,000
2018 $8,250 $480,000 $0 $480,000
2017 $7,939 $450,000 $0 $0
2016 $8,267 $475,000 $0 $0
2015 $8,159 $450,000 $0 $0
2014 $7,753 $415,800 $0 $0
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/06/2025 03/06/25 Price Changed $2,400,000 -11.1% $1,669 / Sq Ft
12/05/2024 12/05/24 For Sale $2,700,000 +312.2% $1,878 / Sq Ft
05/23/2014 05/23/14 Sold $655,000 0.0% $455 / Sq Ft
04/10/2014 04/10/14 Pending -- -- --
11/04/2013 11/04/13 For Sale $655,000 -- $455 / Sq Ft
Source: BeachesMLS

Deed History

Date Type Sale Price Title Company
Personal Reps Deed -- None Listed On Document
Deed -- None Listed On Document
Warranty Deed $1,000,000 Attorney
Warranty Deed $495,000 Affinity Title Ins Agency In
Warranty Deed $280,000 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Previous Owner $750,000 New Conventional
Previous Owner $281,000 Negative Amortization
Previous Owner $344,050 No Value Available
Previous Owner $230,000 New Conventional
Source: Public Records

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Source: BeachesMLS

MLS Number: R11042607

BeachesMLS

APN: 50-43-43-15-35-000-3090