$2,175,000
For Sale

369 S Lake Drive #2b

Palm Beach, FL 33480
1032 sqft | 1 bed | 1.5 baths | #RX-11032450
Browse 12 photos
Type:Purchase
Structure:Condo
Zone:Residential

Description

This large one bedroom 1.5 bath in-town sophisticated pied-a terre is move in ready (October 25, 2024) for the coming season. This bright apartment with window views west and north is bright with abundant light while enjoying the vistas of the surrounding palm trees and vegetation. The apartment also has plenty of closet space in the oversized bedroom and living areas.
Southlake is the classic in-town CO-OP with direct intracoastal access to the Town of Palm Beach Marina and lakeside park. This dog friendly (One Large dog is acceptable) building is a single manager building with 24/7 door person service and a full staff of maintenance skilled personnel who keep the building running in top condition. The building has passed the Florida Milestone inspection, has a new generator in 2023. The building is and land is owned by the CO-OP. There are no Special Assessments or upcoming projects. Quarterly Maintenance fee includes, cable, common area maintenance, elevator, building insurance, lawn care, exterior Maintenance, property manager, parking pool and roof maintenance, security, trash removal from each unit and sewer,
The apartment comes with one non-deeded parking space and owners may request a second if needed for a nominal fee.
There are no mortgages allowed in the building and no renting is permitted per the board.
Building updates are as follows: Parking Lot 2023, Building electric (2021) Ground Floor Impact Glass installed (2021), New Building Generator (2022) New Roof (2017) Updated Expansion Joints (2017) New Elevators (2014) Property Built (1961)
All new apartment owners are required to install new impact glass windows, per the Board.

  • Interior Details
      • CoolingCentral, Electric
      • HeatingElectric, Central
    • Beds & Baths
      • Bathrooms1.5
      • Bedrooms1
      • Full Baths1
      • Half Baths1
  • Property Details
      • Lot Features1 to < 2 Acres
      • Lot Description1 to < 2 Acres
      • ViewIntracoastal
      • Exterior FeaturesShutters
      • Exterior MaterialsShutters
    • Measurements
      • Square Feet1032
  • Construction Details
      • StyleTraditional
      • Property TypePurchase
    • Condition
      • Year Built1961
    • Material information
      • RoofManufactured, Built-Up
  • Utilities / Energy Details
      • Utility FeaturesCable Connected, Electricity Connected, Public Sewer
  • Community and Neighborhood Details
      • SubdivisionPARK PLACE INC
    • Location
      • CountyPalm Beach
      • ZoningR-D(2)
  • Financial Details
      • Original List Price$2,175,000
      • Taxes Annual$11,100
    • HOA
      • Hoa Fees2731.45
      • Hoa1
  • Other
      • MLS #RX-11032450

Location

Leah Ball & Co.Leah's Property Shop
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years

Down Payment

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10.0%

Interest Rate

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6.0%

Tax Rate

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2.6%
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annually
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monthly

Note: The results shown are estimates only and do not include all factors. Speak with a licensed agent or loan provider for exact details. This tool is sourced from CloseHack.

Estimated Monthly Payment
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Loan Amount
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