$3,400,000
SOLD MAR 7, 2025

2323 Lake Dr Unit 302 West Palm Beach, FL 33404

3 Beds
3.5 Baths
2,589 Sq Ft
$2,097/mo HOA Fee

Recently Sold

$1,313 Per Sq Ft

15% Below List Price

226 Days on Market

Highlights

  • 72 Feet of Waterfront
  • Boat Ramp
  • Fitness Center
  • William T. Dwyer High School Rated A-
  • Property has ocean access
  • Intracoastal View

About This Home

As of March 2025

With only five exclusive residences, each offering elegance and comfort. Discover sophistication with glass-encased primary suites and expansive balconies, balconies ranging from 600 to 1600 sq ft. Experience the seamless integration of indoor and outdoor living with expansive glass sliding doors, inviting the waterfront panorama into your home. The Driftwood Singer Island - modern luxury meets panoramic Intracoastal views in a boutique setting. Captivating sunrise and sunset views, walking distance to the beach and more. Every detail has been meticulously crafted, whispering luxury and tranquility. Nestled near dive sites, The Driftwood beckons to nautical enthusiasts with private dock slips available. Unparalleled location across Peanut Island and less than half mile

Last Agent to Sell the Property

Meike Macgregor

Compass Florida LLC License #3026406 Listed on: 07/17/2024

Compass Florida LLC

Co-Listed By

Kevin Spina

The Keyes Company (PBG) License #3081899

Last Buyer's Agent

Troy Maleyko

Illustrated Properties LLC (Jupiter) License #3583569

Illustrated Properties LLC (Jupiter)

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $53,531

Year Built

  • Built in 2024 | New Construction

Lot Details

  • 72 Feet of Waterfront
  • Property fronts an intracoastal waterway
  • Fenced
  • Sprinkler System

HOA Fees

  • $2,097 Monthly HOA Fees

Parking

  • Over 1 Space Per Unit
  • Garage Door Opener
  • Guest Parking
  • Deeded Parking
  • Assigned Parking

Property Views

  • Intracoastal
  • Garden
  • Pool

Interior Spaces

  • 2,589 Sq Ft Home
  • 4-Story Property
  • Built-In Features
  • Ceiling Fan
  • Fireplace
  • Entrance Foyer
  • Combination Dining and Living Room
  • Den
  • Ceramic Tile Flooring
  • Security Gate

Kitchen

  • Eat-In Kitchen
  • Built-In Oven
  • Gas Range
  • Microwave
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Split Bedroom Floorplan
  • Walk-In Closet
  • Dual Sinks
  • Separate Shower in Primary Bathroom

Laundry

  • Laundry Room
  • Washer and Dryer

Outdoor Features

  • Property has ocean access
  • No Fixed Bridges
  • Seawall
  • Balcony
  • Deck
  • Open Patio

Schools

  • Lincoln Elementary School
  • John F. Kennedy Middle School
  • William T. Dwyer High School

Utilities

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

Listing and Financial Details

  • Assessor Parcel Number 56434227040005320
  • Seller Considering Concessions

Community Details

Overview

  • Association fees include insurance, ground maintenance, maintenance structure, pool(s), reserve fund, roof, trash
  • Palm Beach Shores Subdivision

Recreation

  • Boat Ramp
  • Boating
  • Tennis Courts
  • Fitness Center
  • Community Pool
  • Trails

Pet Policy

  • Pets Allowed

Security

  • Gated Community
  • Impact Glass
  • Fire and Smoke Detector
  • Fire Sprinkler System

Amenities

  • Elevator

Property Details

Home Type

Condominium

Est. Annual Taxes

$53,531

Year Built

Built in 2024 | New Construction

Lot Details

0

HOA Fees

$2,097 per month

Parking

2

Listing Details

  • Prop. Type: Residential
  • Property Sub Type: Condominium
  • Property Sub Type Additional: Condominium
  • Directions: PGA Blvd east to Singer Island , head south on N. Ocean Dr. Make a left at the light onto Lake Drive. The Driftwood will be on the right..
  • Year Built: 2024
  • Entry Level: 3
  • New Construction: Yes
  • Year Built Details: New Construction
  • Special Features: 4098

Interior Features

  • Interior Amenities: Built-in Features, Dual Sinks, Entrance Foyer, Eat-in Kitchen, Elevator, Fireplace, Living/Dining Room, Pantry, Split Bedrooms, Separate Shower, Walk-In Closet(s)
  • Furnished: Unfurnished
  • Appliances: Built-In Oven, Cooktop, Dryer, Dishwasher, Electric Water Heater, Disposal, Gas Range, Microwave, Refrigerator, Washer/Dryer, Washer
  • Full Bathrooms: 3
  • Half Bathrooms: 1
  • Total Bedrooms: 3
  • Fireplace: Yes
  • Flooring: Ceramic Tile
  • Living Area: 2589.0
  • Dining Room Type: Den, Laundry
  • Stories: 4
  • Window Features: Impact Glass

Exterior Features

  • Exterior Features: Balcony, Deck, Fence, Patio
  • View: Garden, Intercoastal, Pool
  • Road Frontage Type: Waterfront
  • Lot Features: Sprinklers Automatic
  • Pool Features: None, Association, Community
  • Waterfront Features: Intracoastal Access, No Fixed Bridges, Ocean Access, Seawall
  • Waterfront: Yes
  • Construction Type: Block
  • Foundation Details: Raised
  • Patio And Porch Features: Balcony, Deck, Open, Patio
  • Property Condition: New Construction
  • FrontageLengthRemarks: 72

Garage/Parking

  • Covered Parking Spaces: 2.0
  • Attached Garage: Yes
  • Garage Spaces: 2.0
  • Garage Yn: Yes
  • Parking Features: Assigned, Attached, Deeded, Garage, Guest, Two or More Spaces, Garage Door Opener

Utilities

  • Security: Security Gate, Fire Sprinkler System, Smoke Detector(s)
  • Cooling: Central Air, Ceiling Fan(s), Electric
  • Cooling Y N: Yes
  • Heating: Central, Electric
  • Heating Yn: Yes
  • Sewer: Public Sewer
  • Utilities: Cable Available, Electricity Available, Natural Gas Available, Sewer Available, Water Available
  • Water Source: Public

Condo/Co-op/Association

  • Association Fee: 2097.0
  • Community Features: Boat Facilities, Gated, Pool, Street Lights, Sidewalks, Tennis Court(s)
  • Senior Community: No
  • Amenities: Fitness Center, Pool, Tennis Court(s), Trail(s), Elevator(s)
  • Association Fee Frequency: Monthly
  • Association: Yes
  • Pets Allowed: Yes

Fee Information

  • Association Fee Includes: Insurance, Maintenance Grounds, Maintenance Structure, Pool(s), Reserve Fund, Roof, Trash

Schools

  • Elementary School: Lincoln
  • High School: William T. Dwyer
  • Middle Or Junior School: John F. Kennedy (Palm Beach)

Lot Info

  • Parcel #: 56434227040005320
  • Lot Size: 245 x 72
  • Zoning Description: RMH-15 -
  • ResoLotSizeUnits: SquareFeet

Tax Info

  • Tax Year: 2023
  • Tax Annual Amount: 53531.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Apr 22, 2021
Sold by
Ip 2323 Lake Llc
Bought by
Wsi Lake Drive Llc
Current Estimated Value
$3,456,006

Purchase Details

Closed on
Feb 2, 2006
Sold by
Oceanside Hotel & Club Llc
Bought by
Ip 2323 Lake Llc

Purchase Details

Closed on
Jun 15, 2004
Sold by
Muccio Philip E
Bought by
Oceanside Hotel & Club Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,150,000
Interest Rate
6.25%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jun 14, 2004
Sold by
Williams Lorna E
Bought by
Oceanside Hotel & Club Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,150,000
Interest Rate
6.25%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jun 12, 2004
Sold by
Syak Charles W
Bought by
Oceanside Hotel & Club Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,150,000
Interest Rate
6.25%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jun 9, 2004
Sold by
Eberhart Jerry W and Eberhart Marjorie P
Bought by
Oceanside Hotel & Club Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,150,000
Interest Rate
6.25%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

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Range of Values:

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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 $2,350,000 Counselors Title Company Llc
Warranty Deed $3,400,000 Affordable Title Ins Llc
Deed -- --
Personal Reps Deed $300,000 --
Quit Claim Deed -- --
Quit Claim Deed -- --
Quit Claim Deed -- --
Quit Claim Deed -- --
Warranty Deed $150,000 --
Warranty Deed $150,000 --
Warranty Deed $300,000 --
Warranty Deed $300,000 --
Warranty Deed -- --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $6,244,223 New Conventional
Previous Owner $200,000 Unknown
Previous Owner $1,150,000 Purchase Money Mortgage
Previous Owner $1,150,000 Purchase Money Mortgage
Previous Owner $1,150,000 Unknown
Previous Owner $1,150,000 Purchase Money Mortgage
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/10/2025 03/10/25 Pending -- -- --
03/07/2025 03/07/25 Sold $3,400,000 -0.9% $1,313 / Sq Ft
12/12/2024 12/12/24 Price Changed $3,430,425 -14.5% $1,325 / Sq Ft
11/25/2024 11/25/24 Price Changed $4,011,000 0.0% $1,549 / Sq Ft
11/04/2024 11/04/24 Price Changed $4,012,000 0.0% $1,550 / Sq Ft
07/24/2024 07/24/24 For Sale $4,012,950 -- $1,550 / 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 $58,251 $2,749,860 -- --
2023 $53,490 $2,499,873 $0 $0
2022 $48,494 $2,292,673 $0 $0
2021 $32,686 $1,529,509 $1,512,556 $16,953
2020 $29,681 $1,352,213 $1,334,608 $17,605
2019 $29,704 $1,340,373 $1,321,898 $18,475
2018 $27,820 $1,288,852 $1,271,056 $17,796
2017 $26,268 $1,265,653 $1,247,057 $18,596
2016 $23,794 $1,063,126 $0 $0
2015 $23,618 $1,024,456 $0 $0
2014 $21,691 $915,516 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: BeachesMLS

MLS Number: R11004952

BeachesMLS

APN: 56-43-42-27-04-000-5320