Bought with Century 21 Stein Posner
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1204 S Lake DR 11 Lantana, FL 33462
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Key Details
Sold Price $83,300
Property Type Condo
Sub Type Condo/Coop
Listing Status Sold
Purchase Type For Sale
Square Footage 595 sqft
Price per Sqft $140
Subdivision Sunrise Terrace Condo
MLS Listing ID RX-10443198
Sold Date 08/02/18
Bedrooms 1
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 $1,053
Tax Year 2017
Lot Size 0.278 Acres
Property Description
Great Location, RARELY AVAILABLE, quiet building steps away from the Intracoastal Waterway! Close to Beach! Hot Spot for Snow Birds or Full Time residents. No Lease restrictions.ONLY 12 Units in Building!!Residents have full access to Hidden Banyan Intracoastal waterfront pool and private Pier.We have 2 Units available in same building same owner. Owner prefers to sell them both together.Unit #11 is a 1/1 freshly painted with updated kitchen and bath and huge closets on 2nd floor. Also have unit #3 available. Studio with dining area and updated kitchen and bath on 1st floor. Reference MLS RX-10443360Both are rented with long term well paying tenants in place. Current cash on cash rate is about 9%. Rents can be raised to realize 10% plus return.
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 Central, Electric
Cooling Central
Flooring Ceramic Tile
Furnishings Turnkey
Exterior
Garage Assigned
Utilities Available Cable, Electric, Public Water
Amenities Available Common Laundry, Picnic Area, Pool
Waterfront No
Waterfront Description Intracoastal
Water Access Desc Common Dock
View City, Intracoastal, Other
Roof Type Other
Parking Type Assigned
Exposure N
Private Pool No
Building
Lot Description East of US-1
Story 2.00
Unit Features Exterior Catwalk,Multi-Level
Foundation Block, CBS, Concrete
Unit Floor 2
Construction Status Resale
Others
Pets Allowed Restricted
HOA Fee Include 240.00
Senior Community No Hopa
Restrictions Buyer Approval,Interview Required,Lease OK,No Pets
Acceptable Financing Cash, Conventional
Membership Fee Required No
Listing Terms Cash, Conventional
Financing Cash,Conventional
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