NOT LISTED FOR SALE

Cove Tower West 123 Lakeshore Dr Unit 2145 North Palm Beach, FL 33408

Estimated Value: $701,000 - $914,000

2 Beds
2 Baths
1,715 Sq Ft
$1,287/mo HOA Fee

Last Sold April 15, 2024

Last sale price $865,000 $504 Per Sq Ft

Est. 9% decrease in value since last sale

Current estimated payment $6,501/month

14 Days on Market

Highlights

  • Boat Ramp
  • Fitness Center
  • Senior Community
  • Property fronts an intracoastal waterway
  • Gated with Attendant
  • Community Pool

About This Home

As of April 2024

Welcome to luxury living with breathtaking views! This fully renovated condo offers panoramic vistas of the Atlantic Ocean ,Old Port Cove Lagoon and Marina from you 21st. floor wrap around Balcony. Located in the desirable gated community of Old Port Cove, this residence provides both security and convenience, with a host of amenities for an unparalleled lifestyle. It features complete floor to ceiling impact glass sliders, full 9 foot ceilings, built out closets, crown mouldings and much more. A 2 mile walking path along the water, restaurant on premises as well as two marinas. Don't miss this opportunity to experience waterfront living at its finest!

Last Agent to Sell the Property

Art Micchelli

Illustrated Properties, LLC License #3290951 Listed on: 02/25/2024

Last Buyer's Agent

John Rupp

Premier Brokers International License #276530602

Premier Brokers International

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $10,455

Year Built

  • Built in 1980

Lot Details

HOA Fees

  • $1,287 Monthly HOA Fees

Interior Spaces

  • 1,715 Sq Ft Home
  • Wet Bar

Kitchen

  • Electric Range
  • Microwave
  • Dishwasher

Flooring

  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 2 Bedrooms
  • Split Bedroom Floorplan
  • Closet Cabinetry
  • Walk-In Closet
  • 2 Full Bathrooms
  • Separate Shower in Primary Bathroom

Laundry

  • Laundry Room
  • Washer and Dryer

Home Security

Utilities

  • Central Heating and Cooling System
  • Municipal Trash
  • Cable TV Available

Listing and Financial Details

  • Assessor Parcel Number 68434209340002145

Community Details

Overview

  • Senior Community
  • Association fees include management, cable TV, insurance, reserve fund, roof, sewer, security, trash, water, internet
  • 1,053 Units
  • Old Port Cove Tower West Subdivision
  • 22-Story Property

Amenities

  • Elevator
  • Community Wi-Fi

Recreation

  • Boat Ramp
  • Boating
  • Fitness Center

Security

  • Gated with Attendant
  • Resident Manager or Management On Site
  • Fire Sprinkler System

Property Details

Home Type

Condominium

Est. Annual Taxes

$10,455

Year Built

Built in 1980

Lot Details

0

HOA Fees

$1,287 per month

Listing Details

  • Prop. Type: Residential
  • Property Sub Type: Condominium
  • Property Sub Type Additional: Condominium
  • Directions: 95 to PGA Blvd. east to US Hwy 1. South on US 1. 1/4 mile Old Port Cove on left.
  • Year Built: 1980
  • Entry Level: 21
  • Year Built Details: Resale
  • Special Features: VirtualTour

Interior Features

  • Interior Amenities: Wet Bar, Closet Cabinetry, Split Bedrooms, Separate Shower, Walk-In Closet(s)
  • Private Spa: No
  • Furnished: Unfurnished
  • Appliances: Dryer, Dishwasher, Electric Range, Microwave, Refrigerator, Washer/Dryer, Washer
  • Full Bathrooms: 2
  • Total Bedrooms: 2
  • Flooring: Carpet, Tile
  • Living Area: 1715.0
  • Dining Room Type: Laundry
  • Stories: 22

Exterior Features

  • Pool Features: None, Association, Community
  • Waterfront Features: Intracoastal Access
  • Waterfront: Yes
  • Construction Type: Block
  • Property Condition: Resale

Garage/Parking

  • Garage Yn: No

Utilities

  • Security: Gated with Guard, Fire Sprinkler System
  • Cooling: Central Air, Electric
  • Cooling Y N: Yes
  • Heating: Central, Electric
  • Heating Yn: Yes
  • Sewer: Public Sewer
  • Utilities: Cable Available, Electricity Available, Sewer Available, Water Available
  • Water Source: Public

Condo/Co-op/Association

  • Association Fee: 1287.0
  • Community Features: Boat Facilities, Gated, Internet Access, Property Manager On-Site, Pool, Sidewalks
  • Senior Community: Yes
  • Amenities: Fitness Center, Management, Pool, Trash, Elevator(s)
  • Association Fee Frequency: Monthly

Fee Information

  • Association Fee Includes: Association Management, Cable TV, Insurance, Reserve Fund, Roof, Sewer, Security, Trash, Water, Internet

Lot Info

  • Parcel #: 68434209340002145
  • Zoning Description: R3(cit

Tax Info

  • Tax Year: 2023
  • Tax Annual Amount: 10455.0

Multi Family

  • Number Of Units In Community: 1053

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 25, 2024
Closed on
Apr 15, 2024
Sold by
Lambrite Mark and Lambrite Belinda
Bought by
Amato Louis and Amato Mary E
Seller's Agent
Art Micchelli
Illustrated Properties, LLC
Buyer's Agent
John Rupp
Premier Brokers International
List Price
$879,000
Sold Price
$865,000
Premium/Discount to List
-$14,000
-1.59%
Views
23
Current Estimated Value
$784,505

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$80,495
Avg. Annual Appreciation
-8.58%

Purchase Details

Listed on
Sep 7, 2018
Closed on
Dec 27, 2018
Sold by
Whyard Thomas E and Whyard Susan E
Bought by
Lambrite Mark and Lambrite Belinda
Seller's Agent
Matthew Abbott
Platinum Properties/The Keyes
Buyer's Agent
Aneta Mikos
Premier Brokers International
List Price
$549,000
Sold Price
$505,000
Premium/Discount to List
-$44,000
-8.01%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
10.69%
Original Mortgage
$380,000
Interest Rate
4.9%
Mortgage Type
New Conventional

Purchase Details

Closed on
Sep 8, 2016
Sold by
Whyard Thomas E and Whyard Susan E
Bought by
Thomas E Whyard Revocable Trust and Susan E Whyard Revocable Trust

Purchase Details

Closed on
Sep 28, 2011
Sold by
Wolfe Barbara J
Bought by
Whyard Thomas E and Whyard Susan E

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$143,500
Interest Rate
2.92%
Mortgage Type
New Conventional
Source: Public Records

Range of Values:

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Average Value
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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
Amato Louis $865,000 None Listed On Document
Lambrite Mark $505,000 Attorney
Thomas E Whyard Revocable Trust -- None Available
Whyard Thomas E $205,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Lambrite Mark $380,000
Previous Owner Whyard Thomas E $143,500
Previous Owner Wolfe Chester H $98,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/15/2024 04/15/24 Sold $865,000 -1.6% $504 / Sq Ft
03/11/2024 03/11/24 Pending -- -- --
02/25/2024 02/25/24 For Sale $879,000 +74.1% $513 / Sq Ft
12/27/2018 12/27/18 Sold $505,000 -8.0% $300 / Sq Ft
11/27/2018 11/27/18 Pending -- -- --
09/07/2018 09/07/18 For Sale $549,000 -- $326 / 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 $11,266 $527,076 -- --
2023 $10,475 $479,160 $0 $0
2022 $9,359 $435,600 $0 $0
2021 $8,558 $450,000 $0 $450,000
2020 $7,654 $360,000 $0 $360,000
2019 $8,476 $395,000 $0 $395,000
2018 $5,953 $325,419 $0 $0
2017 $5,852 $318,726 $0 $0
2016 $5,847 $312,170 $0 $0
2015 $5,970 $310,000 $0 $0
2014 $5,949 $265,000 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: BeachesMLS

MLS Number: R10962860

BeachesMLS

APN: 68-43-42-09-34-000-2145