Bought with Woolf Realty Inc.
$125,000
$135,000
7.4%For more information regarding the value of a property, please contact us for a free consultation.
1204 S Lake DR 11 Lantana, FL 33462
1 Bed
1 Bath
595 SqFt
Key Details
Sold Price $125,000
Property Type Condo
Sub Type Condo/Coop
Listing Status Sold
Purchase Type For Sale
Square Footage 595 sqft
Price per Sqft $210
Subdivision Sunrise Terrace Condo
MLS Listing ID RX-10686398
Sold Date 03/10/21
Bedrooms 1
Full Baths 1
Construction Status Resale
HOA Fees $240/mo
HOA Y/N Yes
Year Built 1973
Annual Tax Amount $1,742
Tax Year 2020
Lot Size 0.278 Acres
Property Description
Excellent Location, RARELY AVAILABLE, quiet building steps from the Intracoastal Waterway! Close to Beach! 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 #11 1/1 freshly painted with updated kitchen and bath and huge closets on 2nd floor can rent for $1,200-$1,300 We have 2 Units available in the same building same owner. Owner prefers to sell them both together. .Also have 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! Reference MLS# RX-10686388
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
Parking Features Assigned
Utilities Available Cable, Electric, Public Water
Amenities Available Common Laundry, Picnic Area, Pool
Waterfront Description Intracoastal
Water Access Desc Common Dock
View City, Intracoastal, Other
Roof Type Other
Exposure North
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 Common Areas,Insurance-Bldg,Laundry Facilities,Lawn Care,Maintenance-Exterior,Management Fees,Parking,Pool Service,Roof Maintenance,Sewer,Trash Removal,Water
Senior Community No Hopa
Restrictions Buyer Approval,Interview Required,Lease OK
Acceptable Financing Cash, Conventional
Horse Property No
Membership Fee Required No
Listing Terms Cash, Conventional
Financing Cash,Conventional
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