$2,849,000

Estimated payment $15,647/month

Total Views 7,386
3 Beds
3 Baths
2,396 Sq Ft
$1,189 Price per Sq Ft

Highlights

  • 63 Feet of Waterfront
  • Wood Flooring
  • No HOA
  • Dock has access to electricity
  • Lanai
  • 1-minute walk to Lyman Kayak Park

About This Home

Priced below appraised value, this waterfront property in Lantana is an incredible opportunity to own in one of Palm Beach County's most sought-after coastal locations. Nestled at 122 S Lake Dr, this 3-bedroom plus den, 3 bathroom home sits on a sprawling 10,890 sq. ft. lot, offering high ceilings and gorgeous views of the Intracoastal Waterway and endless potential.
This property is only minutes from the beach and features a sought-after 175' boat dock with deep water and easy ocean access. It is situated among the county's most prestigious waterfront communities, including Hypoluxo Island and Manalapan. You will also enjoy access to world-class amenities, such as the renowned Eau Palm Beach Resort & Spa, fine dining, and boutique shopping. Whether you're looking to renovate, invest, or create your dream waterfront retreat, this property offers unmatched value in a prime location. Don't miss this rare opportunityschedule your showing today!

Listing Agent

Patricia Towle

Sotheby's International Realty, Inc. License #SL-3241091 Listed on: 03/06/2025

Sotheby's International Realty, Inc.

Co-Listing Agent

Kourtney Pulitzer

Sotheby's International Realty, Inc. License #SL-3278434

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $7,219

Year Built

  • Built in 1929

Lot Details

  • 0.25 Acre Lot
  • 63 Feet of Waterfront
  • Property fronts an intracoastal waterway
  • Home has sun exposure from multiple directions
  • Back Yard Fenced
  • Property is zoned R3

Parking

  • No Garage

Home Design

  • Frame Construction
  • Metal Roof

Interior Spaces

  • 2,396 Sq Ft Home
  • 2-Story Property
  • Ceiling Fan
  • Fireplace
  • Window Treatments
  • Casement Windows
  • Living Room
  • Dining Room
  • Library
  • Utility Room
  • Wood Flooring

Kitchen

  • Single Oven
  • Electric Range
  • Microwave
  • Dishwasher

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 3 Bathrooms
  • Bidet

Laundry

  • Dryer
  • Washer

Outdoor Features

  • Dock has access to electricity
  • Patio
  • Lanai

Utilities

  • Forced Air Zoned Heating and Cooling System

Community Details

  • No Home Owners Association
  • Lantana Point Add Subdivision

Listing and Financial Details

  • Homestead Exemption
  • Assessor Parcel Number 40434503140040071

Home Details

Home Type

Single Family

Est. Annual Taxes

$7,219

Year Built

Built in 1929

Lot Details

0

Listing Details

  • Property Sub Type: Single Family Residence
  • Prop. Type: Residential
  • Lot Size Acres: 0.25
  • Lot Size: 175
  • Subdivision Name: Lantana Point Add
  • Directions: Located on the Intracoastal just south of the Lantana bridge.
  • Architectural Style: Two Story, Other Style
  • Year Built: 1929
  • Location Tax Legal:Zoned: R3
  • Location Tax Legal:Homestead Exempt: Yes
  • Location Tax Legal:Taxes2: 7219.0
  • Location Tax Legal:Tax Year2: 2024
  • General Property Description:Living Area: 2396.0
  • General Property Description:Pool: No
  • General Property Description:Waterfront: Yes
  • ACHeat:Central Air: Yes
  • ACHeat:Central Heat: Yes
  • Appliances Refrigerators: Yes
  • Appliances Microwave: Yes
  • Washers: Yes
  • Appliances Dryer: Yes
  • General Property Description:Lot Dim (1): 175
  • Floors:Hardwood: Yes
  • WaterSewer:Sewer: Yes
  • Style:Two Story: Yes
  • General Property Description:Lot SqFt: 10890
  • WaterSewer:City Water: Yes
  • HOA:None: Yes
  • Exposure:North: Yes
  • Exposure:South: Yes
  • Exposure:East: Yes
  • ACHeat:Multi Zone Air: Yes
  • ACHeat:Multi Zone Heat: Yes
  • Windows:Casement: Yes
  • Exposure:West: Yes
  • Dock:Electric at Dock: Yes
  • Dock:Other Materials2: Yes
  • General Property Description:Waterfront Ftg: 63.0
  • Waterfront:Intracoastal-Direct: Yes
  • Roof:Metal: Yes
  • Special Features: None

Interior Features

  • Appliances: Dishwasher, Refrigerator, Range-Electric, Oven-Single, Microwave, Washer, Dryer
  • Full Bathrooms: 3
  • Total Bedrooms: 3
  • Flooring: Hardwood, Other Flooring
  • Interior Amenities: Bidet, Ceiling Fan, Fireplace, Wndw Trmnts Included
  • Living Area: 2396.0
  • Window Features: Casement, Other
  • Interior Features:Wndw Trmnts Included: Yes
  • Other Rooms:Dining Room: Yes
  • Other Rooms:Utility Room: Yes
  • Other Rooms:LibraryDen: Yes
  • Appliances Dishwasher: Yes
  • Appliances:Range - Electric: Yes
  • Interior Features:Ceiling Fan: Yes
  • Interior Features:Fireplace: Yes
  • Appliances:Oven-Single: Yes
  • Interior Features:Bidet: Yes

Exterior Features

  • Lot Features: 1/4 A - 21,779 SF
  • Pool Features: No Pool
  • Pool Private: No
  • Waterfront Features: Intracoastal-Direct
  • Waterfront: Yes
  • Construction Type: Frame, Other Construction
  • Exterior Features: Patio/Lanai, Fence-Back Wall
  • Roof: Metal
  • Exterior Features:PatioLanai: Yes
  • Exterior Features:Fence - Back Wall: Yes
  • Construction:Frame: Yes
  • Construction:Other Construction: Yes

Garage/Parking

  • Parking Features: No Garage
  • Garage:No Garage: Yes

Utilities

  • Cooling: Multi Zone Air, Central Air
  • Cooling Y N: Yes
  • Heating: Central Heat, Multi Zone Heat
  • Heating Yn: Yes
  • Water Source: City Water, Sewer

Lot Info

  • Land Lease Amount Frequency: No
  • Lot Size Sq Ft: 10890.0
  • Parcel #: 40434503140040071
  • Zoning: R3

Tax Info

  • Tax Annual Amount: 7219.0
  • Tax Year: 2024

Map

Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





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 $7,219 $381,450 -- --
2023 $6,961 $370,340 $0 $0
2022 $6,914 $359,553 $0 $0
2021 $6,762 $349,081 $0 $0
2020 $6,704 $344,261 $0 $0
2019 $6,604 $336,521 $0 $0
2018 $6,297 $330,246 $0 $0
2017 $6,163 $323,453 $0 $0
2016 $6,085 $316,800 $0 $0
2015 $6,208 $314,598 $0 $0
2014 $6,216 $312,101 $0 $0
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/06/2025 03/06/25 For Sale $2,849,000 -- $1,189 / Sq Ft
Source: Palm Beach Board of REALTORS®

Purchase History

Date Type Sale Price Title Company
Warranty Deed $220,000 --
Warranty Deed $216,000 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $862,500 Reverse Mortgage Home Equity Conversion Mortgage
Closed $218,337 New Conventional
Closed $252,000 New Conventional
Closed $256,000 New Conventional
Previous Owner $177,800 No Value Available
Source: Public Records

Source: Palm Beach Board of REALTORS®

MLS Number: 25-420

APN: 40-43-45-03-14-004-0071