$374,000
SOLD JUN 5, 2025

1202 S Lake Dr Unit 4040 Lantana, FL 33462

East Central Boulevard Neighborhood
2 Beds
2 Baths
1,351 Sq Ft
$1,057/mo HOA Fee

Recently Sold

$277 Per Sq Ft

1% Below List Price

6 Days on Market

Highlights

  • Property fronts an intracoastal waterway
  • Community Pool
  • Impact Glass
  • Great Room
  • Eat-In Kitchen
  • Walk-In Closet

About This Home

As of June 2025

Wow! Sellers are relocating. Don't miss your chance to find your piece of paradise! Enjoy endless panoramic water views from this beautifully renovated condo located in the boutique condominium of Hidden Banyan. Gorgeous sunrises and sunsets await. Pour a cup of coffee in the morning and greet the day watching the sun rise from your waterfront balcony. The balcony looks over the blue waters and the multi-million dollar homes of Manalapan where movie stars and the uber wealthy call home. This complex is a hidden little gem of only 24 units tucked away in Lantana and is just minutes from everything. Enter the secure building and step into a peaceful and serene courtyard that feels like stepping into a Zen garden with its mature, lush green landscape. Take the elevator to the

Last Agent to Sell the Property

Jon Allen

Illustrated Properties LLC License #3250090 Listed on: 04/30/2025

Illustrated Properties LLC

Co-Listed By

Erin Allen

Illustrated Properties LLC License #3229588

Last Buyer's Agent

Brian Kunz

Dunhill 100 LLC License #0641147

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $5,613

Year Built

  • Built in 1980

Lot Details

  • Property fronts an intracoastal waterway
  • Fenced

HOA Fees

  • $1,057 Monthly HOA Fees

Property Views

  • Intracoastal
  • Garden
  • Pool

Home Design

  • Entry on the 4th floor
  • Composition Roof

Interior Spaces

  • 1,351 Sq Ft Home
  • Furnished or left unfurnished upon request
  • Ceiling Fan
  • Great Room
  • Laminate Flooring
  • Washer and Dryer

Kitchen

  • Eat-In Kitchen
  • Electric Range
  • Dishwasher

Bedrooms and Bathrooms

  • 2 Bedrooms
  • Split Bedroom Floorplan
  • Walk-In Closet
  • 2 Full Bathrooms

Home Security

Parking

  • Guest Parking
  • Assigned Parking

Outdoor Features

  • Seawall
  • Patio

Location

  • Flood Zone Lot

Utilities

  • Central Heating and Cooling System
  • Electric Water Heater

Listing and Financial Details

  • Assessor Parcel Number 40434503300004040
  • Seller Considering Concessions

Community Details

Overview

  • High-Rise Condominium
  • Hidden Banyan Condo Subdivision
  • 5-Story Property

Recreation

  • Community Pool

Security

  • Phone Entry
  • Impact Glass

Property Details

Home Type

Condominium

Est. Annual Taxes

$5,613

Year Built

Built in 1980

Lot Details

0

HOA Fees

$1,057 per month

Listing Details

  • Prop. Type: Residential
  • Property Sub Type: Condominium
  • Property Sub Type Additional: Condominium
  • Year Built: 1980
  • Architectural Style: High Rise
  • Entry Level: 4
  • Unit Levels: Three Or More
  • Year Built Details: Resale
  • Special Features: VirtualTour

Interior Features

  • Interior Amenities: Eat-in Kitchen, Split Bedrooms, Walk-In Closet(s)
  • Furnished: Negotiable
  • Appliances: Dryer, Dishwasher, Electric Range, Electric Water Heater, Refrigerator, Washer/Dryer, Washer
  • Full Bathrooms: 2
  • Total Bedrooms: 2
  • Flooring: Laminate
  • Living Area: 1351.0
  • Dining Room Type: Great Room
  • Stories: 5
  • Window Features: Impact Glass

Exterior Features

  • Exterior Features: Fence, Patio
  • View: Garden, Intercoastal, Pool
  • Lot Features: Flood Zone
  • Pool Features: None, Association, Community
  • Waterfront Features: Intracoastal Access, Seawall
  • Waterfront: Yes
  • Construction Type: Block
  • Patio And Porch Features: Patio
  • Property Condition: Resale
  • Roof: Composition

Garage/Parking

  • Garage Yn: No
  • Parking Features: Assigned, Guest

Utilities

  • Security: Phone Entry
  • Cooling: Central Air, Ceiling Fan(s)
  • Cooling Y N: Yes
  • Heating: Central
  • Heating Yn: Yes
  • Sewer: Public Sewer
  • Utilities: Electricity Available, Sewer Available, Water Available
  • Water Source: Public

Condo/Co-op/Association

  • Association Fee: 1057.0
  • Community Features: Non-Gated, Pool
  • Senior Community: No
  • Amenities: Pool
  • Association Fee Frequency: Monthly
  • Association: Yes

Lot Info

  • Parcel #: 40434503300004040
  • Lot Size: East of US-1,Flood Zone,
  • Zoning Description: R15(ci

Tax Info

  • Tax Year: 2024
  • Tax Annual Amount: 5613.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 30, 2025
Closed on
Jun 5, 2025
Sold by
Aaronoff Barry and Aaronoff Patricia
Bought by
Kunz Brian and Citsay Charlyne
Seller's Agent
Jon Allen
Illustrated Properties LLC
Buyer's Agent
Brian Kunz
Dunhill 100 LLC
List Price
$379,000
Sold Price
$374,000
Premium/Discount to List
-$5,000
-1.32%
Views
6
Current Estimated Value
$385,843

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$11,843
Avg. Annual Appreciation
2.56%

Purchase Details

Listed on
Oct 7, 2022
Closed on
Oct 31, 2022
Sold by
Ultsh Stephen K and Ultsh Judith V
Bought by
Aaronoff Barry and Aaronoff Patricia
Seller's Agent
Kelly Richter
Exit Realty Premier Elite
Buyer's Agent
Justin Orlando
Compass Florida LLC
List Price
$459,000
Sold Price
$435,000
Premium/Discount to List
-$24,000
-5.23%
Views
3

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
-5.65%

Purchase Details

Listed on
Apr 14, 2018
Closed on
Jun 29, 2018
Sold by
Couts John F and Couts Danielle
Bought by
Ultsh Stephen K and Ultsh Judith Y
Seller's Agent
Aaron Savitch
D'Addio Realty
Buyer's Agent
Kelly Richter
Exit Realty Premier Elite
List Price
$270,000
Sold Price
$266,000
Premium/Discount to List
-$4,000
-1.48%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
12.00%
Original Mortgage
$239,400
Interest Rate
4.6%
Mortgage Type
New Conventional

Purchase Details

Listed on
Jun 13, 2015
Closed on
Dec 3, 2015
Sold by
Ferrari Terry
Bought by
Couts John F
Seller's Agent
Tom Priester
Paradise Sharks
Buyer's Agent
Reliance Real E LLC
Reliance Real Estate Group LLC
List Price
$184,900
Sold Price
$179,000
Premium/Discount to List
-$5,900
-3.19%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
16.66%
Original Mortgage
$173,630
Interest Rate
3.83%
Mortgage Type
New Conventional

Purchase Details

Closed on
May 20, 2014
Sold by
Kilby Louise and Kilby Jacqueline Louise
Bought by
Ferrari Terry

Purchase Details

Closed on
Apr 10, 2013
Sold by
Kilby Louise and Kilby Jacqueline L
Bought by
Hidden Banyan Condominium Association In

Purchase Details

Closed on
Feb 25, 2010
Sold by
Kilby Louise and Kilby Jacqueline
Bought by
Kilby Louise

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$285,000
Interest Rate
2.72%
Mortgage Type
Reverse Mortgage Home Equity Conversion Mortgage

Purchase Details

Closed on
Jul 17, 2009
Sold by
Kilby Louise
Bought by
Kilby Louise and Kilby Jacqueline

Purchase Details

Closed on
Oct 23, 1997
Sold by
Kilby Louise
Bought by
Kilby Louise
Source: Public Records

Range of Values:

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Average Value
Not Available
List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Purchase History

Date Type Sale Price Title Company
Warranty Deed $374,000 First International Title
Warranty Deed $374,000 First International Title
Warranty Deed $435,000 Blueline Title
Warranty Deed $266,000 Palm Title Services Inc
Warranty Deed $179,000 Attorney
Trustee Deed $126,100 None Available
Trustee Deed $600 None Available
Quit Claim Deed $23,600 Attorney
Interfamily Deed Transfer -- Attorney
Warranty Deed $100 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Previous Owner $239,400 New Conventional
Previous Owner $173,630 New Conventional
Previous Owner $285,000 Reverse Mortgage Home Equity Conversion Mortgage
Previous Owner $50,000 Credit Line Revolving
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/05/2025 06/05/25 Sold $374,000 -1.3% $277 / Sq Ft
05/06/2025 05/06/25 Pending -- -- --
04/30/2025 04/30/25 For Sale $379,000 0.0% $281 / Sq Ft
11/01/2023 11/01/23 Rented $4,500 -5.3% --
09/04/2023 09/04/23 Under Contract -- -- --
08/20/2023 08/20/23 For Rent $4,750 0.0% --
10/31/2022 10/31/22 Sold $435,000 -5.2% $322 / Sq Ft
10/22/2022 10/22/22 Pending -- -- --
10/07/2022 10/07/22 For Sale $459,000 +72.6% $340 / Sq Ft
06/29/2018 06/29/18 Sold $266,000 -1.5% $197 / Sq Ft
05/30/2018 05/30/18 Pending -- -- --
04/14/2018 04/14/18 For Sale $270,000 +50.8% $200 / Sq Ft
12/03/2015 12/03/15 Sold $179,000 -3.2% $132 / Sq Ft
11/03/2015 11/03/15 Pending -- -- --
06/13/2015 06/13/15 For Sale $184,900 -- $137 / Sq Ft
Source: BeachesMLS

Tax History Compared to Growth

Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2024 $5,613 $313,029 -- --
2023 $5,422 $303,912 $0 $372,200
2022 $5,947 $260,700 $0 $0
2021 $5,124 $237,000 $0 $237,000
2020 $4,872 $223,000 $0 $223,000
2019 $4,691 $212,000 $0 $212,000
2018 $3,815 $183,600 $0 $183,600
2017 $3,391 $154,600 $0 $0
2016 $3,401 $153,600 $0 $0
2015 $3,939 $174,600 $0 $0
2014 $3,420 $148,600 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Jon Allen

    Seller's Agent in 2025

    Jon Allen

    Illustrated Properties LLC

    (561) 312-8713

    1 in this area

    80 Total Sales

    Jon Allen
    Section Image
  • Erin Allen

    Seller Co-Listing Agent in 2025

    Erin Allen

    Illustrated Properties LLC

    (561) 312-5925

    1 in this area

    131 Total Sales

    Erin Allen
    Section Image

  • B

    Buyer's Agent in 2025

    Brian Kunz

    Dunhill 100 LLC

    (561) 305-6337

    1 in this area

    1 Total Sale

    Brian Kunz
    Section Image
  • Isabel Leo

    Seller's Agent in 2023

    Isabel Leo

    Illustrated Properties LLC

    (561) 573-2557

    2 in this area

    43 Total Sales

    Isabel Leo
    Section Image

  • K

    Seller's Agent in 2022

    Kelly Richter

    Exit Realty Premier Elite

    (561) 967-3948

    1 in this area

    227 Total Sales

    Kelly Richter
    Section Image

  • J

    Buyer's Agent in 2022

    Justin Orlando

    Compass Florida LLC

    (561) 406-3319

    1 in this area

    129 Total Sales

    Justin Orlando
    Section Image
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Map

Source: BeachesMLS

MLS Number: R11086202

BeachesMLS

APN: 40-43-45-03-30-000-4040

Florida Palm Beach County Lantana 33462 East Central Boulevard

1202 S Lake Dr Unit 4040, Lantana, FL

This home is located at 1202 S Lake Dr Unit 4040, Lantana, FL 33462 and is currently priced at $374,000, approximately $276 per square foot. This property was built in 1980. 1202 S Lake Dr Unit 4040 is a home located in Palm Beach County with nearby schools including Lantana Elementary School, Lake Worth High School, and Lantana Middle School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

BeachesMLS IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.

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