NOT LISTED FOR SALE

1206 S Lake Dr Unit 302 Lantana, FL 33462

East Central Boulevard Neighborhood

Estimated Value: $320,000 - $390,000

2 Beds
2.5 Baths
1,402 Sq Ft
1.11 Acres

Last Sold July 17, 2013

Last sale price $109,000 $78 Per Sq Ft

Est. 219% increase in value since last sale

Current estimated payment $2,096/month

Highlights

  • Boat Ramp
  • Fitness Center
  • Balcony
  • Property fronts an intracoastal waterway
  • Community Pool
  • 1 Car Detached Garage

About This Home

As of September 2013

CONDO WITH BOAT SLIP INCLUDED IN RENT - YOU HAVE TO SEE THE CONDO TO APPRECIATE ITS VALUE - Rare opportunity to rent a condo that comes with a boat slip. Live in this spectacular one of a kind 2-story condo with 2 suites and enjoy the luxurious style living on the intracoastal. Panoramic intracoastal views direct from this exceptionally 2-STORY condo with 2/2.5 bath plus many upgrades and built-ins throughout. Comes with boat dock and assigned parking. Convenient location to the Beaches and I-95. Owner prefers annual lease but will negotiate. THIS OPPORTUNITY WON'T LAST LONG!

Last Agent to Rent the Property

Monica Lee

Intercontinental RE Holding License #553087 Listed on: 07/19/2013

Last Renter's Agent

Monica Lee

Intercontinental RE Holding License #553087 Listed on: 07/19/2013

Condo Details

Home Type

  • Condominium

Est. Annual Taxes

  • $2,093

Year Built

  • 1975

Lot Details

  • Property fronts an intracoastal waterway

Parking

  • 1 Car Detached Garage
  • 1 Carport Space
  • Garage Door Opener
  • Guest Parking
  • Assigned Parking

Interior Spaces

  • 1,402 Sq Ft Home
  • Built-In Features
  • Ceiling Fan
  • Family Room
  • Intracoastal Views

Kitchen

  • <<builtInOvenToken>>
  • <<microwave>>
  • Dishwasher
  • Disposal

Flooring

  • Parquet
  • Carpet
  • Ceramic Tile

Bedrooms and Bathrooms

  • 2 Bedrooms
  • Closet Cabinetry
  • Walk-In Closet

Outdoor Features

  • Balcony
  • Porch

Utilities

  • Central Heating and Cooling System
  • Electric Water Heater

Listing and Financial Details

  • Property Available on 7/20/13
  • Assessor Parcel Number 40434503240003020

Community Details

Overview

  • 25 Units
  • James Place Condo Subdivision

Amenities

  • Laundry Facilities
  • Community Storage Space

Recreation

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

Condo Details

Home Type

Condominium

Est. Annual Taxes

$2,093

Year Built

1975

Lot Details

0

Parking

1

Rental Info

  • Tenant Pays: Exterior Electric
  • Available Date: 2013-07-20

Listing Details

  • Prop. Type: Residential Lease
  • Property Sub Type: Condominium
  • Property Sub Type Additional: Condominium
  • Directions: HYPOLUXO RD - EAST TO DIXIE - NORTH TO STRENS ST. EAST ON STERNS TO S LAKE - RT
  • Carport Y N: Yes
  • Special Features: None
  • Year Built: 1975

Interior Features

  • Interior Amenities: Built-in Features, Closet Cabinetry, Elevator, Pantry, Walk-In Closet(s)
  • Furnished: Unfurnished
  • Spa Features: Community
  • Appliances: Built-In Oven, Dishwasher, Electric Water Heater, Disposal, Microwave, Refrigerator
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Total Bedrooms: 2
  • Flooring: Carpet, Ceramic Tile, Parquet
  • Living Area: 1402.0
  • Dining Room Type: Family Room, Storage Room

Exterior Features

  • Exterior Features: Balcony
  • View: Intercoastal
  • Pool Features: Pool, Association, Community
  • Waterfront Features: Dock Access, Intracoastal Access
  • Waterfront: Yes
  • Patio And Porch Features: Porch

Garage/Parking

  • Covered Parking Spaces: 2.0
  • Attached Garage: No
  • Carport Spaces: 1.0
  • Garage Spaces: 1.0
  • Garage Yn: Yes
  • Parking Features: Assigned, Detached, Garage, Guest, Garage Door Opener

Utilities

  • Laundry Features: Common Area
  • Cooling: Central Air, Ceiling Fan(s), Electric
  • Cooling Y N: Yes
  • Heating: Central, Electric
  • Heating Yn: Yes

Condo/Co-op/Association

  • Community Features: Boat Facilities, Pool
  • Senior Community: No
  • Amenities: Fitness Center, Laundry, Pool, Spa/Hot Tub, Storage
  • Pets Allowed: No

Lot Info

  • Parcel #: 40434503240003020

Multi Family

  • Number Of Units In Community: 25

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 10, 2013
Closed on
Jul 15, 2013
Sold by
Nystrom Iris
Bought by
Lee Ben and Lee Benjamin
Seller's Agent
John Benedetto
LoKation
Buyer's Agent
John Benedetto
LoKation
List Price
$155,000
Sold Price
$109,000
Premium/Discount to List
-$46,000
-29.68%
Current Estimated Value
$348,014

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$239,014
Avg. Annual Appreciation
11.01%
Original Mortgage
$110,000
Interest Rate
15%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Sep 5, 2003
Sold by
Lass Stephen H
Bought by
Nystrom Iris

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$63,000
Interest Rate
6.03%
Mortgage Type
Credit Line Revolving
Source: Public Records

Range of Values:

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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 Buyer Sale Price Title Company
Lee Ben $109,000 Floridian Title Llc
Nystrom Iris $235,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Lee Benjamin $172,250
Closed Lee Ben $110,000
Previous Owner Nystrom Iris $100,000
Previous Owner Nystrom Iris $265,000
Previous Owner Nystrom Iris $63,000
Previous Owner Nystrom Iris $188,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/22/2013 09/22/13 Rented $1,950 0.0% --
08/23/2013 08/23/13 Under Contract -- -- --
07/19/2013 07/19/13 For Rent $1,950 0.0% --
07/17/2013 07/17/13 Sold $109,000 -29.7% $78 / Sq Ft
06/17/2013 06/17/13 Pending -- -- --
01/10/2013 01/10/13 For Sale $155,000 -- $111 / 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 $2,093 $133,055 -- --
2023 $1,995 $129,180 $0 $0
2022 $2,008 $125,417 $0 $0
2021 $1,944 $121,764 $0 $0
2020 $1,919 $120,083 $0 $0
2019 $1,881 $117,383 $0 $0
2018 $1,780 $115,194 $0 $0
2017 $1,687 $112,825 $0 $0
2016 $1,658 $110,504 $0 $0
2015 $1,688 $109,736 $0 $0
2014 $1,686 $108,865 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • J

    Seller's Agent in 2013

    John Benedetto

    LoKation

    (561) 596-8890

    John Benedetto
    Section Image

  • M

    Landlord's Agent in 2013

    Monica Lee

    Intercontinental RE Holding

See All Agents

Map

Source: BeachesMLS

MLS Number: R9963078

BeachesMLS

APN: 40-43-45-03-24-000-3020

Florida Palm Beach County Lantana 33462 East Central Boulevard

1206 S Lake Dr Unit 302, Lantana, FL

This home is located at 1206 S Lake Dr Unit 302, Lantana, FL 33462 since 19 July 2013 and is currently priced at $348,014. This property was built in 1975. 1206 S Lake Dr Unit 302 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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