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
Highlights
- Property fronts an intracoastal waterway
- Community Pool
- Impact Glass
- Great Room
- Eat-In Kitchen
- Walk-In Closet
About This Home
As of June 2025Wow! 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
Illustrated Properties LLC License #3250090 Listed on: 04/30/2025
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
- 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
Ownership History
Date
Name
Owned For
Owner Type
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%
Total Days on Market
6
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
-4.53%
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
Similar Homes in the area
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| 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
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
86 Total Sales
-
Erin Allen
Seller Co-Listing Agent in 2025
Erin Allen
Illustrated Properties LLC
(561) 312-5925
1 in this area
136 Total Sales
-
B
Buyer's Agent in 2025
Brian Kunz
Dunhill 100 LLC
-
Isabel Leo
Seller's Agent in 2023
Isabel Leo
Illustrated Properties LLC
(561) 573-2557
2 in this area
41 Total Sales
-
Kelly Richter
K
Seller's Agent in 2022
Kelly Richter
Exit Realty Premier Elite
(561) 967-3948
1 in this area
225 Total Sales
-
Justin Orlando
J
Buyer's Agent in 2022
Justin Orlando
Compass Florida LLC
1 in this area
129 Total Sales
Map
Source: BeachesMLS
MLS Number: R11086202
APN: 40-43-45-03-30-000-4040
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