$269,000
$49K PRICE DROP

5380 Cedar Lake Dr Unit 2040 Boynton Beach, FL 33437

Estimated payment $2,464/month

Total Views 1,254
2 Beds
2 Baths
1,205 Sq Ft
$223 Price per Sq Ft

Highlights

  • Ocean View
  • Fitness Center
  • Clubhouse
  • Lake Front
  • Senior Community
  • Sauna

About This Home

Appraised @ $285,000 recently. Turnkey Lakeview Condo! WELCOME to Luxury Lakeside Living in the heart of Banyan Spring, one of Boynton Beach's most sought-after active adult comm. RENOVATED unit boast serene waters views, contemporary finishes, and full access to Resort-Style amenities. Tot REMODELED Kitchen, Open-Concept layout perfect for entertaining, Spa-Inspired bathrooms, Screened Lake View Balcony, In-Unit laundry. Stylish drop ceilings with new high-hat lighting provide a bright, airy ambiance throughout. Gated, Comm Heated Pools and Spa, Fitness center, Card/Billiard Rooms, Pickleball tennis courts, Social activities . Cable, internet water, sewer and insurance incl in monthly HOA fees.15 min away to Beaches , 5 min away to shopping, dinning and grocery. Seller Very Motivated.

Listing Agent

Charles Azoulay

RECOM, LLC License #3071933 Listed on: 05/09/2025

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $1,378

Year Built

  • Built in 1982 | Remodeled

HOA Fees

  • $864 Monthly HOA Fees

Property Views

  • Ocean
  • Lake

Home Design

  • Concrete Block And Stucco Construction

Interior Spaces

  • 1,205 Sq Ft Home
  • 3-Story Property
  • Ceiling Fan
  • Vertical Blinds
  • Vinyl Flooring

Kitchen

  • Self-Cleaning Oven
  • Electric Range
  • Microwave
  • Ice Maker
  • Dishwasher
  • Trash Compactor
  • Disposal

Bedrooms and Bathrooms

  • 2 Bedrooms
  • Split Bedroom Floorplan
  • Walk-In Closet
  • 2 Full Bathrooms

Laundry

  • Dryer
  • Washer

Home Security

Parking

  • 1 Detached Carport Space
  • 1 Car Parking Space
  • Assigned Parking

Utilities

  • Cooling Available
  • Heating Available
  • Electric Water Heater
  • TV Antenna

Additional Features

  • Screened Balcony
  • Lake Front
  • West of U.S. Route 1

Listing and Financial Details

  • Assessor Parcel Number 00424526090292040

Community Details

Overview

  • Senior Community
  • Low-Rise Condominium
  • Banyan Springs Condos
  • Lakeside Condo 3 Of Banya,Banyan Springs Subdivision

Amenities

  • Community Barbecue Grill
  • Sauna
  • Clubhouse
  • Billiard Room
  • Community Library
  • Recreation Room
  • Elevator

Recreation

  • Tennis Courts
  • Fitness Center
  • Heated Community Pool
  • Community Spa

Pet Policy

  • No Pets Allowed

Security

  • Card or Code Access
  • Phone Entry
  • Fire and Smoke Detector

Property Details

Home Type

Condominium

Est. Annual Taxes

$1,378

Year Built

Built in 1982 | Remodeled

Lot Details

0

HOA Fees

$864 per month

Listing Details

  • Property Type: Residential
  • Year Built: 1982
  • Property Sub Type: Condominium
  • Carport Y N: Yes
  • Directions: Boynton Beach Blvd west on Military. Banyan Springs is in South Corner of Military and Boynton Beach Blvd
  • Entry Level: 2
  • Garage Yn: No
  • Horses: No
  • Inclusions: Other
  • New Construction: No
  • Property Attached Yn: Yes
  • Structure Type: Condo 1-4 Stories, Condo
  • Subdivision Name: LAKESIDE CONDO 3 OF BANYA,Banyan Springs
  • Year Built Details: Newly Updated/Renovated
  • MIAMIRE_PetsAllowedYN: No
  • MIAMIRE_MembershipPurchRqdYN: No
  • Special Features: VirtualTour

Interior Features

  • Appliances: Trash Compactor, Dishwasher, Disposal, Dryer, Electric Water Heater, Ice Maker, Microwave, Electric Range, Refrigerator, Self Cleaning Oven, Washer
  • Interior Amenities: Second Floor Entry, Pantry, Split Bedroom, Walk-In Closet(s)
  • Full Bathrooms: 2
  • Total Bedrooms: 2
  • Flooring: Vinyl
  • Furnished: Unfurnished
  • Living Area: 1205
  • Other Equipment: TV Antenna, Elevator
  • Stories: 3
  • Window Features: Blinds, Verticals
  • Bedroom Features: Entry Level

Exterior Features

  • View: Lake, Ocean View, Water View
  • Exterior Features: West Of Us1, Screened Balcony
  • Construction Type: Concrete Block Construction, CBS Construction
  • Pool Private: No
  • Property Condition: Updated/Remodeled
  • View: Yes
  • Waterfront Features: Lake
  • Waterfront: Yes

Garage/Parking

  • Park Building Name: Banyan Springs
  • Carport Spaces: 1
  • Covered Parking Spaces: 1
  • Parking Features: Detached Carport, 1 Space, Assigned

Utilities

  • Cooling: Ceiling Fan(s), Electric
  • Cooling Y N: Yes
  • Electric: Circuit Breakers
  • Heating: Electric
  • Heating Yn: Yes
  • Laundry Features: Washer/Dryer Hook-Up
  • Security: Fire Alarm, Smoke Detector, Card Entry, Phone Entry

Condo/Co-op/Association

  • Association Fee: 864
  • Amenities: Barbecue, Billiard Room, Clubhouse-Clubroom, Elevator(s), Exercise Room, Exterior Lighting, Heated Pool, Hobby Room, Library, Pickleball, Pool, Sauna, Spa/Hot Tub, Tennis Court(s)
  • Association Fee Frequency: Monthly
  • Association: Yes
  • Senior Community: Yes

Association/Amenities

  • MIAMIRE_TypeofAssociation: Condo, Homeowners

Lot Info

  • Parcel Number: 00424526090292040

Rental Info

  • Pets Allowed: No

Tax Info

  • Tax Year: 2023
  • Tax Annual Amount: 1378

Map

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

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 $1,378 $109,273 -- --
2023 $1,330 $106,090 $0 $0
2022 $1,301 $103,000 $0 $0
2021 $1,271 $100,000 $0 $100,000
2020 $1,972 $100,000 $0 $100,000
2019 $1,901 $100,000 $0 $100,000
2018 $1,743 $95,000 $0 $95,000
2017 $1,676 $95,000 $0 $0
2016 $1,493 $67,760 $0 $0
2015 $1,444 $61,600 $0 $0
2014 $1,283 $56,000 $0 $0
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/04/2025 08/04/25 Price Changed $269,000 0.0% $223 / Sq Ft
08/04/2025 08/04/25 For Sale $269,000 -3.6% $223 / Sq Ft
07/24/2025 07/24/25 Off Market $279,000 -- --
07/07/2025 07/07/25 Price Changed $279,000 -4.8% $232 / Sq Ft
05/22/2025 05/22/25 Price Changed $293,000 -7.9% $243 / Sq Ft
05/09/2025 05/09/25 For Sale $318,000 +87.2% $264 / Sq Ft
03/05/2025 03/05/25 Off Market $169,900 -- --
01/17/2025 01/17/25 Sold $155,000 -8.8% $129 / Sq Ft
11/12/2024 11/12/24 Pending -- -- --
10/04/2024 10/04/24 Price Changed $169,900 -2.9% $141 / Sq Ft
08/30/2024 08/30/24 For Sale $175,000 0.0% $145 / Sq Ft
08/26/2024 08/26/24 Pending -- -- --
08/17/2024 08/17/24 Price Changed $175,000 -12.1% $145 / Sq Ft
08/02/2024 08/02/24 Price Changed $199,000 -4.8% $165 / Sq Ft
07/21/2024 07/21/24 For Sale $209,000 -- $173 / Sq Ft
Source: MIAMI REALTORS® MLS

Purchase History

Date Type Sale Price Title Company
Warranty Deed $155,000 None Listed On Document
Interfamily Deed Transfer -- Intracoastal Title Llc
Warranty Deed $83,000 Intracoastal Title Llc
Warranty Deed $85,000 --
Warranty Deed $70,000 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $176,750 Construction
Source: Public Records

Similar Homes in Boynton Beach, FL

  • 5265 Brisata Cir Unit U, Boynton Beach, FL 33437

    $259,000

    • 3 Beds
    • 2 Baths
    • 1,374 Sq Ft
    • 5265 Brisata Cir
    • Unit U
    • Boynton Beach, FL

    EXPERIENCE THIS STUNNINGLY AFFORDABLE WATER VIEW 3BR/2BA condo with elevator access in the all-ages gated community of resort-style Platina in Boynton Beach! Enjoy vaulted ceilings for a spacious feel, a window-enclosed balcony, a large kitchen with stainless steel appliances and eat-in area, and a washer/dryer in unit. The primary suite features a walk-in closet and en-suite bath. The enclosed

    Andre Apicella Waterfront Homes and Condos LLC

    Section Image
  • 5450 Verona Dr Unit O, Boynton Beach, FL 33437

    $234,900

    • 2 Beds
    • 2 Baths
    • 1,139 Sq Ft
    • 5450 Verona Dr
    • Unit O
    • Boynton Beach, FL

    Beautiful 2-bedroom, 2-bathroom condo located in the highly desirable Platina community! This spacious unit features an open floor plan with soaring vaulted ceilings, tile flooring throughout, and a full-size in-unit washer/dryer. The kitchen is equipped with stainless steel appliances, granite countertops, and wood cabinetry. Updates include new fixtures and baseboards, as well as a private

    Derek Rampersad The Keyes Company

    Section Image
  • 10771 Palm Lake Ave Unit 201, Boynton Beach, FL 33437

    $238,000

    • 3 Beds
    • 2 Baths
    • 1,385 Sq Ft
    • 10771 Palm Lake Ave
    • Unit 201
    • Boynton Beach, FL

    What a Welcoming Condo! 2-Bedroom, 2-Bath plus a Den. Bright & Open Concept with Vaulted Ceilings & many upgrades throughout. Kitchen boasts an abundance of White Cabinetry including Pantry and Stainless Steel Appliances. Master Retreat includes Walk-in Closet & Gorgeous Walk-in Shower. Sliders lead to your Spacious Enclosed Patio with Private Peaceful Views with a perfect peak at the lake.

    Gianna Belrose Re/Max Direct

    Section Image
  • 10805 Bahama Palm Way Unit 201, Boynton Beach, FL 33437

    $219,900

    • 3 Beds
    • 2 Baths
    • 1,385 Sq Ft
    • 10805 Bahama Palm Way
    • Unit 201
    • Boynton Beach, FL

    Amazing Price and Beautifully Maintained!! True 3-Bedroom and 2-Bath Corner Unit. Open Concept Living/Dining Room with Vaulted Ceilings and Plenty of Natural Light. Enjoy Private and Relaxing Water Views of the Canal on the Spacious Screened Lanai with Shutters. Bright Eat-in Kitchen w/ Pantry, Snack Bar & Newer Bosch Dishwasher. Master Bedroom Suite has (2) Closets & Slider to Porch. Master Bath

    Gianna Belrose Re/Max Direct

    Section Image
  • 9704 Sills Dr E Unit 201, Boynton Beach, FL 33437

    $299,900

    • 3 Beds
    • 2 Baths
    • 1,605 Sq Ft
    • 9704 Sills Dr E
    • Unit 201
    • Boynton Beach, FL

    This is your opportunity to own a ONE OF A KIND condo in an active 55+ community! This 3-bedroom, 2-bath residence features 1,605 sqft of living space and includes a private elevator for easy access! The custom upgrades and additional living space make for an open, spacious feel!No detail or expense was spared in this complete renovation! Flooring, crown modeling, upgraded baseboards, window

    Jeff Tricoli KW Reserve Palm Beach

    Section Image
  • 10837 Bahama Palm Way Unit 101, Boynton Beach, FL 33437

    $215,000

    • 3 Beds
    • 2 Baths
    • 1,330 Sq Ft
    • 10837 Bahama Palm Way
    • Unit 101
    • Boynton Beach, FL

    Beautiful 1st Floor 2-Bedroom, 2-Bathroom Condo + Den/Office in Palm Chase Condo. Hurricane-impact Windows + Accordion Shutters on Sliders. Lanai/Porch is Enclosed and adds extra living space. Large, Open and Bright Main Living/Dining Area! The Primary Suite offers a Large Walk-in Closet and an Additional Closet for Plenty of Storage. New LG Washer/Dryer and Updates Throughout. Two assigned

    Gianna Belrose Re/Max Direct

    Section Image
  • 9960 Bauhinia Tree Way Unit B, Boynton Beach, FL 33436

    $230,000

    • 2 Beds
    • 2 Baths
    • 1,404 Sq Ft
    • 9960 Bauhinia Tree Way
    • Unit B
    • Boynton Beach, FL

    Motivated sellers!!! Bring Offers!!! Charming 2 bed, 2 bath condo with 1-car garage in a desirable 55+ gated community. Features include a spacious living room, dining room, breakfast nook, and kitchen with ample storage and counter space. Laminate flooring throughout. The primary bath boasts an updated Bath Fitter tub. Enjoy peace of mind with accordion shutters, a newer AC (2019), and a

    Thomas Perrotta Horizon Palm Realty Group

    Section Image
  • 4485 Nutmeg Tree Ln Unit B, Boynton Beach, FL 33436

    $279,000

    • 2 Beds
    • 2 Baths
    • 1,404 Sq Ft
    • 4485 Nutmeg Tree Ln
    • Unit B
    • Boynton Beach, FL

    ENJOY THE ARBORAL PEACEFUL LIVING of BENT TREE WEST in a SPANISH VILLA with a garage. 55+ COMMUNITY in WESTERN BOYNTON BEACHPOOL AND CLUBHOUSE AVAILABLE BINGO EVERY WEEK BIKING JOGGING ON QUIET STREETS CLOSE TO BEACH AND ALL SHOPPING

    Mike Ryan Highlight Realty Corp/LW

    Section Image
  • 11683 Briarwood Cir Unit 4, Boynton Beach, FL 33437

    $325,000

    • 3 Beds
    • 2 Baths
    • 2,194 Sq Ft
    • 11683 Briarwood Cir
    • Unit 4
    • Boynton Beach, FL

    Welcome to this beautifully maintained 3 bedroom 2 bathroom home with a private elevator and 1.5-car garage, nestled in the desirable gated 55+ community of Briarwood at Indian Springs. The 3rd bedroom was opened up to create the expansive living room. Enjoy peaceful canal views from the covered balcony and take in the tranquil setting this upper-level residence offers. The vaulted ceilings and

    Jeff Tricoli KW Reserve Palm Beach

    Section Image

Source: MIAMI REALTORS® MLS

MLS Number: A11797842

MIAMI REALTORS® MLS

APN: 00-42-45-26-09-029-2040