123 Lakeshore Drive #1543
North Palm Beach, FL 33408
2478 sqft | 3 beds | 2.5 baths | #RX-11007174
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. 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.
Property Details
- InteriorWalk-in Closet, Split Bedroom, Closet Cabinets, Bar
- Exterior FeaturesOpen Patio, Wrap-Around Balcony
- Exterior MaterialsOpen Patio, Wrap-Around Balcony
- ViewGolf, Intracoastal, Marina, Ocean
- SubdivisionOLD PORT COVE TOWER WEST CONDO
- Lot FeaturesEast of US-1, Sidewalks
- Lot DescriptionEast of US-1, Sidewalks
- HeatingElectric, Central
- Utility FeaturesCable Connected
- MLS #RX-11007174
- MLS #RX-11007174
- CountyPalm Beach
- Property SubtypeCondo/Coop
- CoolingElectric
- Property TypePurchase
- Original List Price$879,000
- Taxes Annual$14,148
- Cost879000
- Square Feet2478
- Year Built1980
- Hoa Fees1645
- Bathrooms2.5
- ZoningR3
- Bedrooms3
- Full Baths2
- Half Baths1
- Hoa1
- Waterfront1
Location
Legal
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Last Updated: . Source: BMLS
Listing Courtesy
Listing Agent: Lindy Bradford (#276548543)
Listing Office: Sutter & Nugent LLC (#304198)
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