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123 Lakeshore Drive #1543, North Palm Beach, FL – $879,000

  • $879k Price
  • 3 Beds
  • 3 Baths
  • 2,478 Sqft
  • $879k Price
  • 3 Beds
  • 3 Baths
  • 2,478 Sqft

123 Lakeshore Drive #1543

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.Residents can enjoy a leisurely stroll along the scenic 2-mile walking path that leads to the on-site restaurant, or dock their boat at the Safe Harbour Marina. Located in a 55+ community, this unit provides both an exclusive lifestyle and a solid investment opportunity.

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Essential Information

  • MLS® #RX-11007174
  • Price$879,000
  • Bedrooms3
  • Bathrooms3.00
  • Full Baths2
  • Half Baths1
  • Square Footage2,478
  • Year Built1980
  • TypeResidential
  • Sub-TypeCondo/Co-Op
  • StatusActive

Community Information

  • Address123 Lakeshore Drive #1543
  • Area5250
  • SubdivisionOLD PORT COVE TOWER WEST CONDO
  • CityNorth Palm Beach
  • CountyPalm Beach
  • StateFL
  • Zip Code33408

Amenities

  • UtilitiesCable
  • Parking Spaces1
  • ParkingAssigned, Covered
  • Is WaterfrontYes
  • WaterfrontIntracoastal Front

Amenities

Boating, Cafe/Restaurant, Clubhouse, Community Room, Elevator, Exercise Room, Lobby, Manager on Site, Pool, Spa-Hot Tub

View

Golf, Intracoastal, Marina, Ocean

Interior

  • HeatingCentral, Electric
  • CoolingElectric
  • # of Stories22
  • Stories22.00

Interior Features

Bar, Closet Cabinets, Split Bedroom, Walk-in Closet

Appliances

Dishwasher, Dryer, Fire Alarm, Microwave, Refrigerator, Smoke Detector, Washer, Water Heater - Elec

Exterior

  • Lot DescriptionEast of US-1, Sidewalks
  • ConstructionCBS

Exterior Features

Open Patio, Wrap-Around Balcony

Additional Information

  • Listing Courtesy ofSutter & Nugent LLC
  • Date ListedJuly 25th, 2024
  • ZoningR3
  • HOA Fees1645
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