$5,495,000

Estimated payment $35,523/month

Total Views 2,929
3 Beds
3 Baths
1,653 Sq Ft
$3,324 Price per Sq Ft

Highlights

  • Doorman
  • Lake Front
  • Wood Flooring
  • Palm Beach Public School Rated A-
  • Outdoor Pool
  • Balcony

About This Home

Fantastic opportunity to own a direct Intracoastal 3BR/2.1BA unit in Lake Towers. Filled with natural light, this spacious apartment boasts breathtaking sunset views and an oversized covered balcony. Lake Towers is a charming Lakefront building ideally located in the center of town with waterfront pool and patio.

Listing Agent

Christian Angle

Christian Angle Real Estate License #703536 Listed on: 05/07/2025

Property Details

Home Type

  • Condo-Op

Est. Annual Taxes

  • $35,208

Year Built

  • Built in 1963

Lot Details

  • West Facing Home

HOA Fees

  • $2,241 Monthly HOA Fees

Parking

  • Covered Parking

Home Design

  • 1,653 Sq Ft Home

Kitchen

  • Single Oven
  • Electric Range
  • Microwave
  • Freezer
  • Dishwasher
  • Disposal

Flooring

  • Wood
  • Tile

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 3 Bathrooms

Outdoor Features

  • Outdoor Pool

Utilities

  • Central Heating and Cooling System

Listing and Financial Details

  • Assessor Parcel Number 50434315350004080

Community Details

Overview

  • 60 Units
  • Lake Towers Community
  • 7-Story Property

Amenities

  • Doorman
  • Laundry Facilities
  • Elevator

Recreation

  • Bike Trail

Pet Policy

  • Pets Allowed

Security

  • Resident Manager or Management On Site

Property Details

Home Type

Condo-Op

Est. Annual Taxes

$35,208

Year Built

Built in 1963

Lot Details

0

HOA Fees

$2,241 per month

Listing Details

  • Property Sub Type: Condominium
  • Prop. Type: Condo/Co-Op
  • Building Name: Lake Towers
  • Year Built: 1963
  • Location Tax Legal:Name of Building: Lake Towers
  • Location Tax Legal:Zoned: R-D(1) - Moderate Density Residential
  • Location Tax Legal:Homestead Exempt: No
  • Location Tax Legal:Taxes2: 35207.53
  • Location Tax Legal:Tax Year2: 2024
  • General Property Description:Living Area: 1653.0
  • General Property Description:Pool: Yes
  • General Property Description:Waterfront: Yes
  • General Property Description:Maintenance Amount: 2240.5
  • General Property Description:Per: Month
  • General Property Description:_pound_ Units in Complex: 60
  • General Property Description:_pound_ Floors: 7.0
  • Waterfront-Unit:Living Room View: Yes
  • Waterfront-Unit:Master Bedroom View: Yes
  • Pool:Pool3: Yes
  • Floors:Tile: Yes
  • ACHeat:Central Air: Yes
  • ACHeat:Central Heat: Yes
  • Appliances Refrigerators: Yes
  • Appliances Microwave: Yes
  • Security:Door Person: Yes
  • Services Included:Full Time Manager: Yes
  • Floors:Hardwood: Yes
  • Laundry:Laundry in Building: Yes
  • Pets:Pets Allowed: Yes
  • Exposure of Unit:West2: Yes
  • Waterfront-Building:Lakefront2: Yes
  • Waterfront-Unit:ICW-Across Bike Path2: Yes
  • Waterfront-Building:ICW-Across Bike Path: Yes
  • Waterfront-Unit:Lakefront3: Yes
  • Special Features: None

Interior Features

  • Appliances: Dishwasher, Disposal, Refrigerator, Freezer, Oven-Single, Microwave, Range - Electric
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Total Bedrooms: 3
  • Flooring: Hardwood, Tile
  • Interior Amenities: Smoke Alarms
  • Living Area: 1653.0
  • Stories: 7
  • Interior Features:Smoke Alarms: Yes
  • Appliances Dishwasher: Yes
  • Appliances:Freezer: Yes
  • Appliances:Range - Electric: Yes
  • Appliances:Oven-Single: Yes

Exterior Features

  • Pool Features: Pool
  • Pool Private: Yes
  • Exterior Features: Balcony, Elevator, Lobby
  • Exterior Features:Balcony: Yes
  • Exterior Features:Elevator2: Yes
  • Exterior Features:Lobby: Yes

Garage/Parking

  • Parking:Covered Parking: Yes

Utilities

  • Laundry Features: Laundry in Building
  • Security: Door Person
  • Cooling: Central Air
  • Cooling Y N: Yes
  • Heating: Central Heat
  • Heating Yn: Yes

Condo/Co-op/Association

  • Amenities: Full Time Manager
  • Association: Yes

Association/Amenities

  • Restrictions:Condo Association: Yes

Lot Info

  • Development Status: Land Owned
  • Parcel #: 50434315350004080
  • Zoning: R-D(1) - Moderate Density Residential

Multi Family

  • Number Of Units Total: 60
  • Maintenance Expense: 2240.5

Tax Info

  • Tax Annual Amount: 35207.53
  • 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 $35,208 $2,029,775 -- --
2023 $34,920 $1,845,250 $0 $0
2022 $28,138 $1,677,500 $0 $0
2021 $25,137 $1,525,000 $0 $1,525,000
2020 $25,684 $1,525,000 $0 $1,525,000
2019 $26,182 $1,525,000 $0 $1,525,000
2018 $10,590 $664,037 $0 $0
2017 $10,605 $650,379 $0 $0
2016 $10,362 $637,002 $0 $0
2015 $10,713 $632,574 $0 $0
2014 $10,761 $627,554 $0 $0
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/14/2025 07/14/25 Price Changed $5,495,000 -7.6% $3,324 / Sq Ft
05/07/2025 05/07/25 For Sale $5,950,000 0.0% $3,600 / Sq Ft
12/03/2018 12/03/18 Rented $39,000 -6.1% --
11/15/2018 11/15/18 Rented $41,536 +159.6% --
11/03/2018 11/03/18 Under Contract -- -- --
10/18/2018 10/18/18 For Rent $16,000 -61.5% --
10/16/2018 10/16/18 Under Contract -- -- --
09/11/2018 09/11/18 For Rent $41,536 -- --
Source: Palm Beach Board of REALTORS®

Purchase History

Date Type Sale Price Title Company
Quit Claim Deed -- Attorney
Interfamily Deed Transfer -- Attorney
Warranty Deed $665,000 --
Warranty Deed $357,000 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Previous Owner $500,000 New Conventional
Previous Owner $280,800 No Value Available
Source: Public Records

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Source: Palm Beach Board of REALTORS®

MLS Number: 25-802

APN: 50-43-43-15-35-000-4080