$375,000
SOLD SEP 19, 2022
2 Beds
2 Baths
1,351 Sq Ft
$681/mo HOA Fee

Recently Sold

$278 Per Sq Ft

9% Above List Price

24 Days on Market

Highlights

  • Boat Ramp
  • Fitness Center
  • Elevator
  • Property fronts an intracoastal waterway
  • Community Pool
  • Bike Room

About This Home

As of April 2025

This home is located at 1202 S Lake Dr Unit 5010, Lantana, FL 33462 and is currently priced at $375,000, approximately $277 per square foot. This property was built in 1980. 1202 S Lake Dr Unit 5010 is a home located in Palm Beach County with nearby schools including Lantana Elementary School, Lake Worth High School, and Lantana Middle School.

Last Agent to Sell the Property

Ken Meierling

Engel & Voelkers Jupiter RE License #3206011 Listed on: 08/25/2022

Co-Listed By

Kandyce Meierling

Engel & Voelkers Jupiter RE License #3261080

Last Buyer's Agent

Joseph Cordano

Choice Realty of SF LLC License #3391927

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $4,668

Year Built

  • Built in 1980

Lot Details

  • Property fronts an intracoastal waterway

HOA Fees

  • $681 Monthly HOA Fees

Home Design

  • Entry on the 5th floor

Interior Spaces

  • 1,351 Sq Ft Home
  • Blinds
  • Intracoastal Views
  • Closed Circuit Camera

Kitchen

  • Electric Range
  • Microwave
  • Dishwasher
  • Disposal

Flooring

  • Laminate
  • Tile

Bedrooms and Bathrooms

  • 2 Bedrooms
  • Walk-In Closet
  • 2 Full Bathrooms

Laundry

  • Laundry Room
  • Washer and Dryer

Parking

  • Over 1 Space Per Unit
  • Guest Parking
  • Assigned Parking

Outdoor Features

  • Balcony
  • Open Patio

Utilities

  • Central Heating and Cooling System
  • Electric Water Heater
  • Cable TV Available

Listing and Financial Details

  • Assessor Parcel Number 40434503300005010

Community Details

Overview

  • Association fees include common areas, cable TV, insurance, ground maintenance, maintenance structure, parking, pool(s), sewer, security, trash, water
  • 24 Units
  • Hidden Banyan Condo Subdivision
  • 5-Story Property

Amenities

  • Elevator
  • Bike Room
  • Community Storage Space

Recreation

  • Boat Ramp
  • Boating
  • Fitness Center
  • Community Pool
  • Park

Pet Policy

  • Pets Allowed

Security

  • Phone Entry
  • Impact Glass

Property Details

Home Type

Condominium

Est. Annual Taxes

$4,668

Year Built

Built in 1980

Lot Details

0

HOA Fees

$681 per month

Listing Details

  • Prop. Type: Residential
  • Property Sub Type: Condominium
  • Property Sub Type Additional: Condominium
  • Directions: Head east on Hypoluxo road turn left onto US 1. Turn right onto E Central Blvd, Turn right onto S Lake Dr. Building will be on the left
  • Year Built: 1980
  • Entry Level: 5
  • Year Built Details: Resale
  • Special Features: None

Interior Features

  • Interior Amenities: Pantry, Walk-In Closet(s)
  • Furnished: Unfurnished
  • Appliances: Dryer, Dishwasher, Electric Range, Electric Water Heater, Disposal, Microwave, Refrigerator, Washer/Dryer, Washer
  • Full Bathrooms: 2
  • Total Bedrooms: 2
  • Flooring: Laminate, Tile
  • Living Area: 1351.0
  • Dining Room Type: Laundry
  • Stories: 5
  • Window Features: Blinds, Impact Glass

Exterior Features

  • Exterior Features: Balcony
  • View: Intercoastal
  • Pool Features: None, Association, Community
  • Waterfront Features: Intracoastal Access
  • Waterfront: Yes
  • Construction Type: Block
  • Patio And Porch Features: Balcony, Open
  • Property Condition: Resale

Garage/Parking

  • Garage Yn: No
  • Parking Features: Assigned, Guest, Two or More Spaces

Utilities

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

Condo/Co-op/Association

  • Association Fee: 681.0
  • Community Features: Boat Facilities, Non-Gated, Park, Pool
  • Senior Community: No
  • Amenities: Bike Storage, Fitness Center, Pool, Storage, Elevator(s)
  • Association Fee Frequency: Monthly
  • Pets Allowed: Yes

Fee Information

  • Association Fee Includes: Common Areas, Cable TV, Insurance, Maintenance Grounds, Maintenance Structure, Parking, Pool(s), Sewer, Security, Trash, Water

Lot Info

  • Parcel #: 40434503300005010
  • Zoning Description: R15(ci

Tax Info

  • Tax Year: 2021
  • Tax Annual Amount: 4668.0

Multi Family

  • Number Of Units In Community: 24

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 6, 2025
Closed on
May 14, 2025
Sold by
Ferreira Stephen M and Hamilton Sandra C
Bought by
Ferreira-Hamilton Revocable Trust and Ferreira
Seller's Agent
Kayla McCracken
One Sotheby's International Realty
Buyer's Agent
Nuno Cabral
United Realty Group, Inc
List Price
$349,000
Sold Price
$330,000
Premium/Discount to List
-$19,000
-5.44%
Views
8
Current Estimated Value
$342,884

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$12,884
Avg. Annual Appreciation
9.55%

Purchase Details

Listed on
Jan 6, 2025
Closed on
Apr 7, 2025
Sold by
Marchan Dawn Marie and Joseph A Masiello Living Trust
Bought by
Ferreira Stephen and Hamilton Sandra
Seller's Agent
Kayla McCracken
One Sotheby's International Realty
Buyer's Agent
Nuno Cabral
United Realty Group, Inc
List Price
$349,000
Sold Price
$330,000
Premium/Discount to List
-$19,000
-5.44%
Views
8

Purchase Details

Listed on
Aug 25, 2022
Closed on
Sep 19, 2022
Sold by
Rickenbach Amy E Katz
Bought by
Joseph A Masiello Living Trust
Seller's Agent
Ken Meierling
Engel & Voelkers Jupiter RE
Buyer's Agent
Joseph Cordano
Choice Realty of SF LLC
List Price
$345,000
Sold Price
$375,000
Premium/Discount to List
$30,000
8.7%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
-4.89%

Purchase Details

Closed on
Apr 9, 2010
Sold by
Morgan Caroline B and Skinner Carol Lynn
Bought by
Katz Amy E Gainfort and Rickenbach Edward R

Purchase Details

Closed on
Nov 13, 1996
Sold by
Morgan Caroline B
Bought by
Morgan Caroline B and Skinner Carol L
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 -- None Listed On Document
Warranty Deed -- None Listed On Document
Warranty Deed $330,000 Equity Title & Escrow
Warranty Deed $330,000 Equity Title & Escrow
Special Warranty Deed -- First International Title
Warranty Deed $375,000 First International Title
Deed $175,000 Independence Title Inc
Warranty Deed $100 --
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/07/2025 04/07/25 Sold $330,000 -5.4% $244 / Sq Ft
01/06/2025 01/06/25 For Sale $349,000 0.0% $258 / Sq Ft
04/21/2023 04/21/23 Rented $2,995 0.0% --
03/04/2023 03/04/23 For Rent $2,995 0.0% --
09/19/2022 09/19/22 Sold $375,000 +8.7% $278 / Sq Ft
08/25/2022 08/25/22 For Sale $345,000 -- $255 / 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 $7,331 $359,400 -- --
2023 $7,329 $359,400 $0 $359,400
2022 $5,520 $230,625 $0 $0
2021 $4,668 $224,000 $0 $224,000
2020 $4,380 $215,000 $0 $215,000
2019 $4,110 $204,000 $0 $204,000
2018 $3,589 $175,200 $0 $175,200
2017 $3,159 $143,200 $0 $0
2016 $3,166 $142,200 $0 $0
2015 $3,550 $150,282 $0 $0
2014 $3,205 $136,620 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: BeachesMLS

MLS Number: R10827375

BeachesMLS

APN: 40-43-45-03-30-000-5010