$2,100,000

369 S Lake Dr Unit 2B Palm Beach, FL 33480

Estimated payment $15,175/month

Total Views 6,511
1 Bed
2 Baths
1,032 Sq Ft
$2,035 Price per Sq Ft

Highlights

  • Doorman
  • Property fronts an intracoastal waterway
  • Wood Flooring
  • Palm Beach Public School Rated A-
  • Outdoor Pool
  • Hurricane or Storm Shutters

About This Home

This large one bedroom 1.5 bath in-town sophisticated pied-a terre is move in ready (October 25, 2024) for the coming season. This bright apartment with window views west and north is bright with abundant light while enjoying the vistas of the surrounding palm trees and vegetation. The apartment also has plenty of closet space in the oversized bedroom and living areas.
Park Place is the classic in-town CO-OP with direct intracoastal access to the Town of Palm Beach Marina and lakeside park. This dog friendly (One Large dog is acceptable) building is a single manager building with 24/7 door person service and a full staff of maintenance skilled personnel who keep the building running in top condition. The building has passed the Florida Milestone inspection, has a new generator in 2023. The building land is owned by the CO-OP. There are no Special Assessments or upcoming projects. Quarterly Maintenance fee includes, cable, common area maintenance, elevator, building insurance, lawn care, exterior Maintenance, property manager, parking pool and roof maintenance, security, trash removal from each unit and sewer,
The apartment comes with one non-deeded parking space and owners may request a second if needed for a nominal fee.
There are no mortgages allowed in the building and no renting is permitted per the board.
Building updates are as follows: Parking Lot 2023, Building electric (2021) Ground Floor Impact Glass installed (2021), New Building Generator (2022) New Roof (2017) Updated Expansion Joints (2017) New Elevators (2014) Property Built (1961)
All new apartment owners are required to install new impact glass windows, per the Board during the off-season.
Association does not allow leasing of apartment.

Listing Agent

Bradford Miller

Bradford P. Miller Real Estate License #BK-644812 Listed on: 09/19/2024

Co-Listing Agent

Pamela Miller

Bradford P. Miller Real Estate License #3047633

Property Details

Home Type

  • Condo-Op

Est. Annual Taxes

  • $11,100

Year Built

  • Built in 1961

Lot Details

  • Property fronts an intracoastal waterway
  • Northwest Facing Home
  • Sprinkler System

HOA Fees

  • $3,061 Monthly HOA Fees

Parking

  • Parking Available

Interior Spaces

  • 1,032 Sq Ft Home
  • Loggia
  • Living Room
  • Dining Area
  • Storage
  • Laundry in unit

Kitchen

  • Single Oven
  • Electric Range
  • Freezer
  • Dishwasher

Flooring

  • Wood
  • Tile

Bedrooms and Bathrooms

  • 1 Bedroom
  • 2 Bathrooms

Home Security

  • Hurricane or Storm Shutters
  • Fire and Smoke Detector

Utilities

  • Central Heating and Cooling System
  • Cable TV Available

Additional Features

  • Non-Toxic Pest Control
  • Outdoor Pool

Listing and Financial Details

  • Assessor Parcel Number 50434327670002020

Community Details

Overview

  • Association fees include insurance, cable TV, common area, maintenance exterior, trash, pest control, sewer
  • 42 Units
  • Southlake Community
  • On-Site Maintenance
  • 6-Story Property

Amenities

  • Doorman
  • Common Area
  • Lobby
  • Elevator

Pet Policy

  • Dogs Allowed

Security

  • Resident Manager or Management On Site

Property Details

Home Type

Condo-Op

Est. Annual Taxes

$11,100

Year Built

Built in 1961

Lot Details

0

HOA Fees

$3,061 per month

Listing Details

  • Property Sub Type: Co-op
  • Prop. Type: Condo/Co-Op
  • Directions: Royal Palm Bridge east to South Lake Drive (1st Right just over the bridge ) to building on the corner of South Lake and Australian. Park in front turn around for instruction of where to park.
  • Building Name: Southlake
  • Year Built: 1961
  • Location Tax Legal:Name of Building: Southlake
  • Location Tax Legal:Zoned: R-D(2) - Heavy Density Residential
  • Location Tax Legal:Homestead Exempt: No
  • Location Tax Legal:Taxes2: 11100.35
  • Location Tax Legal:Tax Year2: 2023
  • General Property Description:Living Area: 1032.0
  • General Property Description:Pool: Yes
  • General Property Description:Waterfront: No
  • General Property Description:Maintenance Amount: 9184.0
  • General Property Description:Per: Quarter
  • General Property Description:_pound_ Units in Complex: 42
  • General Property Description:_pound_ Floors: 6.0
  • Waterfront-Building:ICW-Across Street: Yes
  • Waterfront-Unit:Living Room View: Yes
  • Pool:Pool3: Yes
  • Floors:Tile: Yes
  • ACHeat:Central Air: Yes
  • ACHeat:Central Heat: Yes
  • Appliances Refrigerators: Yes
  • Laundry:Laundry in Unit: Yes
  • Security:Door Person: Yes
  • Services Included:Full Time Manager: Yes
  • Maintenance Includes:Common Area: Yes
  • Maintenance Includes:Exterior Bldg: Yes
  • Maintenance Includes:Garbage Pickup: Yes
  • Maintenance Includes:Pest Control: Yes
  • Maintenance Includes:Sewer2: Yes
  • Exposure of Unit:North2: Yes
  • Floors:Hardwood: Yes
  • Pets:Pets Allowed: Yes
  • Exposure of Unit:West2: Yes
  • Pets:Pet Type: Dogs
  • Maintenance Includes:Cable TV: Yes
  • Pets:Weight Restrictions: No Restrictions
  • Waterfront-Unit:ICW-Across Street2: Yes
  • Special Features: VirtualTour

Interior Features

  • Appliances: Dishwasher, Refrigerator, Freezer, Oven-Single, Range - Electric
  • Full Bathrooms: 1
  • Half Bathrooms: 1
  • Total Bedrooms: 1
  • Flooring: Hardwood, Tile
  • Interior Amenities: Cable, Storage, Smoke Alarms
  • Living Area: 1032.0
  • Stories: 6
  • Interior Features:Smoke Alarms: Yes
  • Interior Features:Storage: Yes
  • Appliances Dishwasher: Yes
  • Appliances:Freezer: Yes
  • Interior Features:Cable: Yes
  • Appliances:Range - Electric: Yes
  • Other Rooms:Dining Area: Yes
  • Appliances:Oven-Single: Yes

Exterior Features

  • Pool Features: Pool, Fresh Water
  • Pool Private: Yes
  • Exterior Features: Storm Shutters, Sprinkler System, Elevator, Lobby
  • Exterior Features:Sprinkler System: Yes
  • Exterior Features:Elevator2: Yes
  • Exterior Features:Lobby: Yes
  • Exterior Features:Storm Shutters: Yes

Garage/Parking

  • Parking 1 Car2: Yes

Utilities

  • Laundry Features: Laundry in Unit
  • 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:Co-Op Association: Yes

Fee Information

  • Association Fee Includes: Insurance, Cable TV, Common Area, Maintenance Exterior, Trash, Pest Control, Sewer

Lot Info

  • Development Status: Land Owned
  • Parcel #: 50434327670002020
  • Zoning: R-D(2) - Heavy Density Residential

Rental Info

  • Pets Other: 1 Dog Only

Multi Family

  • Number Of Units Total: 42
  • Maintenance Expense: 9184.0

Tax Info

  • Tax Annual Amount: 11100.35
  • Tax Year: 2023

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

Property History

Date Event Price Change Sq Ft Price
02/18/2025 02/18/25 Price Changed $2,100,000 -3.4% $2,035 / Sq Ft
10/25/2024 10/25/24 For Sale $2,175,000 -- $2,108 / Sq Ft
Source: Palm Beach Board of REALTORS®

Purchase History

Date Type Sale Price Title Company
Deed -- --
Source: Public Records

Source: Palm Beach Board of REALTORS®

MLS Number: 24-1331

APN: 50-43-43-27-67-000-2020