$268,000
$50K PRICE DROP

5380 Cedar Lake Dr Unit 2040 Boynton Beach, FL 33437

Estimated payment $2,385/month

Total Views 1,904
2 Beds
2 Baths
1,205 Sq Ft
$222 Price per Sq Ft

Highlights

  • Ocean View
  • Fitness Center
  • Clubhouse
  • Lake Front
  • Active Adult
  • Sauna

About This Home

Turnkey Waterfront 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. Submit Offer Today.

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

  • Entry on the 2nd floor
  • 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

Outdoor Features

  • Screened Balcony
  • Exterior Lighting

Utilities

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

Additional Features

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

Listing and Financial Details

  • Assessor Parcel Number 00424526090292040

Community Details

Overview

  • Active Adult
  • 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
  • Pickleball 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: Resale
  • MIAMIRE_PetsAllowedYN: No
  • MIAMIRE_MembershipPurchRqdYN: No
  • LastStatus: Temp Off Market
  • CurrentPrice: 268000
  • InternetRemarks: Discover your dream waterfront home in this fully REMODELED unit, designed for comfort and modern living.
  • ShowingTimeFlag: 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:

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Value Increase
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Percent Increase
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Adjusted for Inflation
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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 $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 List to Sale Price per Sq Ft Prior Sale
11/21/2025 11/21/25 Price Changed $2,450 0.0% $2 / Sq Ft
11/21/2025 11/21/25 Price Changed $268,000 -3.6% $222 / Sq Ft
10/12/2025 10/12/25 For Sale $278,000 0.0% $231 / Sq Ft
10/06/2025 10/06/25 Price Changed $2,750 0.0% $2 / Sq Ft
10/01/2025 10/01/25 Off Market $278,000 -- --
09/11/2025 09/11/25 For Sale $278,000 0.0% $231 / Sq Ft
08/19/2025 08/19/25 Price Changed $2,950 0.0% $2 / Sq Ft
08/19/2025 08/19/25 Off Market $278,000 -- --
08/15/2025 08/15/25 Price Changed $278,000 0.0% $231 / Sq Ft
08/14/2025 08/14/25 For Rent $3,100 0.0% --
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 View Prior Sale
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
Quit Claim Deed $100,000 Willow Title Services Llc
Warranty Deed $155,000 None Listed On Document
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 $200,000 New Conventional
Previous Owner $176,750 Construction
Source: Public Records

Source: MIAMI REALTORS® MLS

MLS Number: A11797842

MIAMI REALTORS® MLS

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