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1204 S Lake Drive 3, Lantana, FL 33462 (MLS# R10686388)

1204 S Lake Drive 3, Lantana, FL 33462

$97,000
Property Type: Residential Baths: 1 Square Footage: 430 Status: Closed
Current Price: $97,000 List Date: 1/21/2021 Last Modified: 5/22/2026

Overview

Description

Excellent Location, RARELY AVAILABLE, quiet building steps from the Intracoastal Waterway! Close to Beach! Cash Only......Hot Spot for Snow Birds or Full Time residents. No Lease restrictions. Residents have full access to Hidden Banyan Intracoastal waterfront pool and private Pier. ONLY 12 Units in Building!! Unit #3 is a Studio with dining area and updated kitchen and bath IMPACT WINDOWS on 1st floor Studio is vacant and can rent for $1,000 - $1,100 Current cash on cash rate is about 8%. Rents can be raised to realize 9% plus return! Please walk over to intracoastal pool and dock as this is included with the building.

Supplements: Building is well maintained with Laundry facilities on site. New Roof replaced 2016.

Listing Details MLS# R10686388

General Property Information

Unit Floor #
Yes
Property Sub Type
Condominium
Bathrooms Total
Yes
Bathrooms Full
Yes
Building Area Main
430
Building Area Source
Public Records
Living Area Main
430
Year Built
1973
Gated Community YN
No
Lot Size Area
12101
Lot Size Acres
0.28
Senior Community YN
No
Stories Total
2
Direction Faces
North
Pool Private YN
No
Furnished
Furnished

Property Features

Application Information: Personal Interview Required Association Fee Includes: Common Areas; Maintenance Grounds; Trash; Water Dining Area: Breakfast Area Electric: Three Phase Parking Features: Assigned Property Condition: Resale Appliances: Free-Standing Freezer; Refrigerator Construction Materials: Block; CBS; Concrete Cooling: Wall/Window Unit(s) Association Type: Condominium Heating: Window/Wall Interior Features: Pantry Listing Terms: Cash; Conventional Pets Allowed YN: Yes Pets Allowed: Pet Restrictions Possible Possession: Negotiable; Subject To Tenant Rights Restrictions: Buyer Approval Required; Lease OK Roof: Other Sewer: Public Sewer Tax Information: City/County Utilities: Cable Available; Sewer Available; Water Available View: Garden Water View: Intracoastal Waterfront Features: Intracoastal Showing Requirements: Combination Lock Box; Schedule Online Contingencies: Backup Contract/Call LA Room Types: Family Room; Kitchen; Living Room; Master Bedroom Acreage Description: 1/4 To Less Than 1/2 Acre Lot

Contract Information

Comp Sale YN
No
Original List Price
110000

Location and Legal

County Or Parish
Palm Beach
County Parish Name
Palm Beach
Street Number
1204
Street Direction Prefix
S
Street Name
Lake
Street Suffix
Drive
Unit Number
3
City Name
Lantana
State Or Province
FL
Postal Code
33462
Postal Zip
33462
Subdivision Name
SUNRISE TERRACE CONDO
Area
5640
Geographic Area
PB16
Special Assessment YN
No
Parcel Number
40434503310000030
Zoning
R15(ci
Directions
95 to Hypoluxo to Federal Hwy turn east on Central Blvd (Finlandia blvd) right on S. Lake dr. Condo on left
Multiple Offers Accepted
Yes

Financial Information

Association YN
Yes
Association Deposit YN
No
Association Fee
240
Association Fee Frequency
Monthly
Association Membership
Mandatory
Application Required YN
Yes
Membership Fee Required YN
No
Tax Annual Amount
1415.14
Tax Year
2020
Tax Legal Description
SUNRISE TERRACE COND UNIT 3

Status Change Information

Major Change Timestamp
2021-04-26T14:39:50Z
Major Change Type
Status Change
Price Change Timestamp
2021-03-05T15:41:41Z
Status Change Date
2021-04-26
Under Contract Date
2021-03-12
Close Date
2021-03-31
Close Price
97000
Buyer Financing
Cash

More Information

Application Fee Details

Application Fee Required
Yes
Application Fee
75

Short Sale Details

Short Sale Addendum
No

Boat and Dock Information

Dock
Yes
Dock Details
Boat Services: Y

Main Level Rooms

Main Level Bathrooms
Yes
Main Level Bedrooms
Yes

Storm Protection

Impact Glass
Partial

Concessions

Seller Concessions
No

Contributions

Buyer Contributions
No

Room Types

Kitchen Level
First
Living Room Level
First
Master Bedroom Level
First
Family Room
Yes
Kitchen
Yes
Living Room
Yes
Master Bedroom
Yes

Price Calculations

Current Price To SqFt
225.58
Original List Price To Close Price
1.13

Originating Details

Originating System Key
20210121214017431331000000
Originating System ID
M00000170

Office/Member Information

DXORIGMLSID
RML

Application Information

Personal Interview Required
Yes

Amenities

Laundry
Yes
Parking
Yes
Picnic Area
Yes
Pool
Yes

Association Fee Includes

Common Areas
Yes
Maintenance Grounds
Yes
Sewer
Yes
Trash
Yes
Water
Yes

Dining Area

Breakfast Area
Yes

Electric

Three Phase
Yes

Parking Features

Assigned
Yes

Property Condition

Resale
Yes

Possession

Negotiable
Yes
Subject To Tenant Rights
Yes

Sewer

Public Sewer
Yes

Utilities

Cable Available
Yes
Sewer Available
Yes
Water Available
Yes

View

City
Yes
Garden
Yes

Heating

Window/Wall
Yes

Water View

Intracoastal
Yes

Appliances

Free-Standing Freezer
Yes
Refrigerator
Yes

Construction Materials

Block
Yes
CBS
Yes
Concrete
Yes

Interior Features

Pantry
Yes

Listing Terms

Cash
Yes
Conventional
Yes

Roof

Other
Yes

Waterfront Features

Intracoastal
Yes

Cooling

Wall/Window Unit(s)
Yes

Association Type

Condominium
Yes

Showing Requirements

Combination Lock Box
Yes
Schedule Online
Yes

Master Bedroom/Bath

Combo Tub/Shower
Yes

Pets Allowed YN

Yes
Yes

Pets Allowed

Pet Restrictions Possible
Yes

Restrictions

Buyer Approval Required
Yes
Lease OK
Yes

Tax Information

City/County
Yes

Contingencies

Backup Contract/Call LA
Yes

Acreage Description

1/4 To Less Than 1/2 Acre Lot
Yes

Room Information

Room Name Length Width Level
Living Room 10.00 8.00 First
Kitchen 8.00 8.00 First
Master Bedroom 10.00 8.00 First
Family Room
Listing Office: EXP Realty LLC
IDX
Last Updated: May - 22 - 2026
This information is not verified for authenticity or accuracy and is not guaranteed and may not reflect all real estate activity in the market. Copyright 2026 Beaches Multiple Listing Service, Inc. All rights reserved. Information Not Guaranteed and Must Be Confirmed by End User. Site contains live data.

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