Bought with Century 21 Stein Posner
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1204 S Lake DR 3 Lantana, FL 33462
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Key Details
Sold Price $60,700
Property Type Condo
Sub Type Condo/Coop
Listing Status Sold
Purchase Type For Sale
Square Footage 430 sqft
Price per Sqft $141
Subdivision Sunrise Terrace Condo
MLS Listing ID RX-10443360
Sold Date 08/02/18
Full Baths 1
Construction Status Resale
HOA Fees $240/mo
HOA Y/N Yes
Year Built 1973
Annual Tax Amount $892
Tax Year 2017
Lot Size 0.278 Acres
Property Description
Great 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!!We have 2 Units available in the same building same owner. Owner prefers to sell them both together.Unit #3 is a Studio with dining area and updated kitchen and bath IMPACT WINDOWS on 1st floor Also have unit #11 - 1/1 freshly painted with updated kitchen and bath and huge closets on 2nd floor. Reference MLS RX-10443198Both 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 Window/Wall
Cooling Wall-Win A/C
Flooring Tile
Furnishings Turnkey
Exterior
Parking Features Assigned
Utilities Available Cable, Electric, Public Sewer, Water Available
Amenities Available Common Laundry, Picnic Area, Pool
Waterfront Description Intracoastal
Water Access Desc Common Dock
View City, Garden, Intracoastal
Roof Type Other
Exposure N
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 Common Areas,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,No Pets
Acceptable Financing Cash, Conventional
Horse Property No
Membership Fee Required No
Listing Terms Cash, Conventional
Financing Cash,Conventional
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Panagiotis Peter Sarantidis
Licensed Real Estate Sales Professional | License ID: 3332095