Bought with Highlight Realty Corp/LW
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1204 S Lake DR 3 Lantana, FL 33462
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Key Details
Sold Price $97,000
Property Type Condo
Sub Type Condo/Coop
Listing Status Sold
Purchase Type For Sale
Square Footage 430 sqft
Price per Sqft $225
Subdivision Sunrise Terrace Condo
MLS Listing ID RX-10686388
Sold Date 03/31/21
Full Baths 1
Construction Status Resale
HOA Fees $240/mo
HOA Y/N Yes
Abv Grd Liv Area 16
Year Built 1973
Annual Tax Amount $1,415
Tax Year 2020
Lot Size 0.278 Acres
Property Description
Excellent Location, RARELY AVAILABLE, quiet building steps from the Intracoastal Waterway! Close to Beach! Cash Only......Hot Spot for Snow Birds or Full Time residents. No Lease restrictions. Residents have full access to Hidden Banyan Intracoastal waterfront pool and private Pier. ONLY 12 Units in Building!! Unit #3 is a Studio with dining area and updated kitchen and bath IMPACT WINDOWS on 1st floor Studio is vacant and can rent for $1,000 - $1,100 Current cash on cash rate is about 8%. Rents can be raised to realize 9% plus return!Please walk over to intracoastal pool and dock as this is included with the building.
Location
State FL
County Palm Beach
Area 5640
Zoning R15(ci
Rooms
Other Rooms Family
Master Bath Combo Tub/Shower
Interior
Interior Features Pantry
Heating Window/Wall
Cooling Wall-Win A/C
Flooring Tile
Furnishings Turnkey
Exterior
Garage Assigned
Utilities Available Cable, Electric, Public Sewer, Water Available
Amenities Available Common Laundry, Picnic Area, Pool
Waterfront No
Waterfront Description Intracoastal
Water Access Desc Common Dock
View City, Garden, Intracoastal
Roof Type Other
Parking Type Assigned
Exposure North
Private Pool No
Building
Lot Description 1/4 to 1/2 Acre
Story 2.00
Foundation Block, CBS, Concrete
Unit Floor 1
Construction Status Resale
Others
Pets Allowed Restricted
HOA Fee Include 240.00
Senior Community No Hopa
Restrictions Buyer Approval,Interview Required,Lease OK
Acceptable Financing Cash, Conventional
Membership Fee Required No
Listing Terms Cash, Conventional
Financing Cash,Conventional
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