Address: 123 Lakeshore Drive 1543, North Palm Beach, FL 33408
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.
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.
Features
Building and Construction
Absolute Longitude: 80.056654
Construction: CBS
Covered Spaces: 1.00
Exterior Features: Open Patio, Wrap-Around Balcony
Flooring: Carpet, Ceramic Tile
Front Exp: East
Sqft Source: Tax Rolls
Sqft Total: 2478.00
Total Floorsstories: 22.00
Total Building Sqft: 2478.00
Property Information
Property Condition: Resale
Property Group Id: 19990816212109142258000000
Land Information
Lot Description: East of US-1, Sidewalks
Subdivision Information: Boating, Cafe/Restaurant, Clubhouse, Community Room, Elevator, Fitness Center, Lobby, Manager on Site, Pool, Spa-Hot Tub
Garage and Parking
Parking: Assigned, Covered
Eco-Communities
Private Pool: No
Storm Protection Accordion Shutters: Complete
Waterfront Details: Intracoastal
Utilities
Carport Spaces: 1.00
Cooling: Electric
Heating: Central, Electric
Pets Allowed: No
Security: Gate - Manned, Lobby
Utilities: Cable
Finance and Tax Information
Application Fee: 100.00
Home Owners Association poa coa Monthly: 1645.00
Homeowners Assoc: Mandatory
Membership Fee Required: No
Tax Year: 2023
Other Features
American Disabilities Act Compliant: Level, Wide Hallways
Country: United States
Equipment Appliances Included: Dishwasher, Dryer, Fire Alarm, Microwave, Refrigerator, Smoke Detector, Washer, Water Heater - Elec
Furnished: Unfurnished
Governing Bodies: Condo
Housing For Older Persons Act: Yes-Verified
Interior Features: Bar, Closet Cabinets, Split Bedroom, Walk-in Closet
Legal Desc: OLD PORT COVE TOWER WEST COND UNIT 1543
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