NOT LISTED FOR SALE

Estimated Value: $1,709,000 - $2,008,120

3 Beds
3.5 Baths
3,290 Sq Ft
1982 Built

Last Sold March 13, 2024

Last sale price $2,275,000 $691 Per Sq Ft

Est. 19% decrease in value since last sale

Current estimated payment $12,201/month

21 Days on Market

Highlights

  • Ocean View
  • Property fronts an intracoastal waterway
  • Gated with Attendant
  • Boat Ramp
  • Fitness Center
  • Home fronts a lagoon or estuary

About This Home

As of March 2024

Beautifully renovated & spacious three-bedroom waterfront condo with absolutely stunning views in the exclusive building of Lake Point Tower in Old Port Cove! Open, bright, & modern with built-ins, full bar, large bedrooms, & closets, & plenty of storage space. Perfect for entertaining with wraparound balconies & panoramic 180-degree views of the Intracoastal, ocean, & marina! 2 garage parking spots & a separate storage locker as well. Lake Point Tower offers a new state of the art fitness center with sauna & massage areas, 24-hour concierge service, 24-hour manned gatehouse, 2-mile waterfront walking path, marina, & restaurant. Centrally located to the PGA corridor, Palm Beach International Airport, gorgeous beaches, shopping, & dining!

Last Agent to Sell the Property

Courtney Olander

Waterfront Properties & Club C License #3102895 Listed on: 02/12/2024

Waterfront Properties & Club C

Last Buyer's Agent

Lee Sarkin

Dalton Wade Inc License #3488500

Dalton Wade Inc

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $27,704

Year Built

  • Built in 1982

Lot Details

  • East Facing Home

Parking

  • 2 Car Garage
  • Guest Parking
  • Assigned Parking

Property Views

Interior Spaces

  • 3,290 Sq Ft Home
  • Wet Bar
  • Furnished or left unfurnished upon request
  • Built-In Features
  • Bar
  • Ceiling Fan
  • Sliding Windows
  • Entrance Foyer
  • Combination Dining and Living Room
  • Home Security System

Kitchen

  • Breakfast Area or Nook
  • Eat-In Kitchen
  • Electric Range
  • Microwave
  • Dishwasher
  • Disposal

Flooring

  • Carpet
  • Marble

Bedrooms and Bathrooms

  • 3 Bedrooms | 1 Main Level Bedroom
  • Walk-In Closet
  • Dual Sinks
  • Separate Shower in Primary Bathroom

Laundry

  • Dryer
  • Washer

Outdoor Features

  • Balcony

Utilities

  • Central Heating and Cooling System
  • Municipal Trash
  • Cable TV Available

Listing and Financial Details

  • Assessor Parcel Number 68434209360001051

Community Details

Overview

  • Association fees include common areas, insurance, ground maintenance, sewer, security, trash, water
  • Old Port Cove Lake Point Tower Subdivision
  • 23-Story Property

Amenities

  • Community Storage Space
  • Elevator

Recreation

  • Boat Ramp
  • Boating
  • Community Spa
  • Trails

Pet Policy

  • Pets Allowed
  • Pet Size Limit

Security

  • Gated with Attendant
  • Phone Entry

Property Details

Home Type

Condominium

Est. Annual Taxes

$27,704

Year Built

Built in 1982

Lot Details

0 Sq Ft Lot

Parking

2

Listing Details

  • Prop. Type: Residential
  • Property Sub Type: Condominium
  • Property Sub Type Additional: Condominium
  • Directions: PGA Blvd east to US Highway 1. South on US Highway 1, entrance to community on left. Follow Lakeshore Drive to Lake Point Tower at end.
  • MaximumNumberOfPets: 1
  • Year Built: 1982
  • Pets No Pets Comments: Total Weight Limit Of Pets:20
  • MaximumPetWeight: 20
  • DelayedMarketingYN: No
  • Special Features: None

Interior Features

  • Interior Amenities: Wet Bar, Built-in Features, Breakfast Area, Dual Sinks, Entrance Foyer, Eat-in Kitchen, Elevator, Living/Dining Room, Main Level Primary, Pantry, Storage, Separate Shower, Bar, Walk-In Closet(s)
  • Main Level Bedrooms: 1
  • Furnished: Negotiable
  • Appliances: Dryer, Dishwasher, Electric Range, Free-Standing Freezer, Disposal, Microwave, Oven, Refrigerator, Washer
  • Full Bathrooms: 3
  • Half Bathrooms: 1
  • Total Bedrooms: 3
  • Entry Location: Entry Level Living Area Y
  • Flooring: Carpet, Marble
  • Living Area: 3290.0
  • Stories: 23
  • Window Features: Sliding

Exterior Features

  • Exterior Features: Balcony, Outdoor Living Area
  • View: Intercoastal, Lagoon, Marina, Ocean
  • Pool Features: Association
  • Pool Private: No
  • View: Yes
  • Waterfront Features: Intracoastal Access, Lagoon
  • Waterfront: Yes
  • Disclosures: Special Assessment
  • Construction Type: Block, Concrete
  • Direction Faces: East
  • Patio And Porch Features: Covered, Balcony
  • Property Condition: Resale

Garage/Parking

  • Covered Parking Spaces: 2.0
  • Garage Spaces: 2.0
  • Garage Yn: Yes
  • Parking Features: Assigned, Covered, Garage, Guest

Utilities

  • Laundry Features: Inside, Laundry Closet
  • Security: Security System, Gated with Guard, Gated Community, Phone Entry
  • Cooling: Central Air, Ceiling Fan(s)
  • Cooling Y N: Yes
  • Heating: Central
  • Heating Yn: Yes
  • Sewer: Public Sewer
  • Utilities: Cable Available, Sewer Available, Water Available
  • Water Source: Public

Condo/Co-op/Association

  • Association Fee: 3104.67
  • Pets Allowed: Yes
  • Community Features: Boat Facilities, Gated, Marina
  • Senior Community: No
  • Amenities: Boating, Fitness Center, Pool, Parking, Sauna, Spa/Hot Tub, Storage, Sidewalks, Trail(s), Trash, Elevator(s)
  • Pets Allowed: Number Limit, Pet Restrictions, Size Limit, Yes
  • Common Interest: Condominium

Fee Information

  • Association Fee Includes: Common Areas, Insurance, Maintenance Grounds, Sewer, Security, Trash, Water

Lot Info

  • Parcel #: 68434209360001051
  • Mobile Dim Units: Feet
  • Zoning: RES

Tax Info

  • Tax Year: 2023
  • Tax Annual Amount: 27704.3

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 12, 2024
Closed on
Mar 13, 2024
Sold by
Zimmermann Michael and Zimmermann Lorraine
Bought by
Henry Gordon M and Henry Deborah Epstein
Seller's Agent
Courtney Olander
Waterfront Properties & Club C
Buyer's Agent
Lee Sarkin
Dalton Wade Inc
List Price
$2,500,000
Sold Price
$2,275,000
Premium/Discount to List
-$225,000
-9%
Views
25
Current Estimated Value
$1,844,280

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$430,720
Avg. Annual Appreciation
-9.92%
Original Mortgage
$1,500,000
Outstanding Balance
$1,466,139
Interest Rate
6.38%
Mortgage Type
New Conventional
Estimated Equity
$378,141

Purchase Details

Listed on
Jan 15, 2022
Closed on
Feb 10, 2022
Sold by
Revocable Trust
Bought by
Zimmermann Michael and Zimmermann Lorraine
Seller's Agent
Jennifer Whitaker
Compass Florida LLC
Buyer's Agent
Dana Smith
Waterfront Properties & Club C
List Price
$1,900,000
Sold Price
$1,700,000
Premium/Discount to List
-$200,000
-10.53%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
14.96%

Purchase Details

Listed on
Apr 1, 2021
Closed on
Jun 30, 2021
Sold by
Carter Woodrow W and Carter Linda Laureen
Bought by
Schwalbach Gerald A and Schwalbach Gerald Anthony
Seller's Agent
Jorge Zea
Blue Lighthouse Realty, INC
Buyer's Agent
Melanie Barre
One Sotheby's International Re
List Price
$1,295,000
Sold Price
$1,220,000
Premium/Discount to List
-$75,000
-5.79%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
77.19%

Purchase Details

Listed on
Oct 1, 2015
Closed on
Jan 10, 2016
Sold by
Ross Sisneros Holly
Bought by
Carter Woodrow W and Carter Linda Laureen
Seller's Agent
Christine Cox
Douglas Elliman Jupiter
List Price
$975,000
Sold Price
$925,000
Premium/Discount to List
-$50,000
-5.13%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
5.21%
Original Mortgage
$230,500
Interest Rate
4.04%
Mortgage Type
Credit Line Revolving

Purchase Details

Closed on
May 28, 2013
Sold by
Sisneros Holly
Bought by
Sisneros Holly

Purchase Details

Closed on
Jan 16, 2008
Sold by
Adam Frances J
Bought by
Adam Frances J
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
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List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Henry Gordon M $2,275,000 First International Title
Zimmermann Michael $1,700,000 Daniel P Wurtenberger Pa Aka D
Schwalbach Gerald A $1,220,000 Town & Country Ttl Guaranty
Carter Woodrow W $925,000 Sage Title & Escrow Svcs Inc
Sisneros Holly -- Attorney
Sisneros Holly -- Attorney
Adam Frances J -- Attorney
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Henry Gordon M $1,500,000
Previous Owner Carter Woodrow W $230,500
Previous Owner Carter Woodrow W $417,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
03/13/2024 03/13/24 Sold $2,275,000 -9.0% $691 / Sq Ft
03/04/2024 03/04/24 Pending -- -- --
02/12/2024 02/12/24 For Sale $2,500,000 +47.1% $760 / Sq Ft
02/10/2022 02/10/22 Sold $1,700,000 -10.5% $502 / Sq Ft View Prior Sale
01/14/2022 01/14/22 For Sale $1,900,000 +55.7% $561 / Sq Ft
07/12/2021 07/12/21 Sold $1,220,000 -5.8% $361 / Sq Ft View Prior Sale
06/12/2021 06/12/21 Pending -- -- --
04/01/2021 04/01/21 For Sale $1,295,000 +40.0% $383 / Sq Ft
01/29/2016 01/29/16 Sold $925,000 -5.1% $273 / Sq Ft View Prior Sale
12/30/2015 12/30/15 Pending -- -- --
10/01/2015 10/01/15 For Sale $975,000 -- $288 / Sq Ft
Source: BeachesMLS (Greater Fort Lauderdale)

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
2025 $31,254 $1,605,000 -- --
2024 $31,254 $1,573,000 -- --
2023 $27,725 $1,430,000 $0 $1,430,000
2022 $19,136 $960,300 $0 $0
2021 $15,387 $790,920 $0 $0
2020 $15,599 $780,000 $0 $780,000
2019 $17,244 $849,954 $0 $0
2018 $16,464 $834,106 $0 $0
2017 $16,621 $795,000 $0 $0
2016 $15,829 $740,000 $0 $0
2015 $16,607 $755,000 $0 $0
2014 $16,763 $755,000 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Source: BeachesMLS (Greater Fort Lauderdale)

MLS Number: R10957240

BeachesMLS (Greater Fort Lauderdale)

APN: 68-43-42-09-36-000-1051

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