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2615 Lake Drive, West Palm Beach, FL 33404 (MLS# R10570931)

2615 Lake Drive, West Palm Beach, FL 33404

$3,100,000
Property Type: Residential Income Square Footage: 10,000 Status: Closed
Current Price: $3,100,000 List Date: 11/06/2019 Last Modified: 5/17/2026

Overview

Description

Incredible opportunity to purchase a piece of paradise. A 12 unit converted motel which was completely renovated in 2013. This is a fully furnished opportunity. Currently leased to a Quality Rehabilitation facility. Beautiful pristine grounds with a large dock that could accommodate multiple vessels. Hurricane windows, New Roof 2013, Tankless Water heaters. Near County boat ramp and extremely close to Palm Beach Inlet approx. 1/2 mile. Adequate parking on site. Need 24 hour notice for showings and listing agent must be present at all showings. Call listing office. Unit Breakdown; 8 - 2/1 1- Studio 1- 2/1.5/1 car garage Deep water Dockage for up to 5+ Boats

Listing Details MLS# R10570931

General Property Information

Number Of Units Total
10
Property Sub Type
Quadruplex
Building Area Main
10000
Building Area Source
Public Records
Living Area Main
7818
Year Built
1954
Gated Community YN
No
Lot Size Area
19515
Lot Size Acres
0.45
Lot Size Dimensions
75 x 265
Frontage Length
77
Senior Community YN
No
Waterfront YN
Yes
Outdoor Living Spaces YN
Yes
Stories
2
Pool Private YN
No

Property Features

Association Amenities: Clubhouse Documents Available: Copy Of Lease(s) Electric: Three Phase Exterior Features: Built-in Barbecue; Outdoor Shower Fencing: Fenced Flooring: Carpet; Ceramic Tile; Terrazzo; Wood Property Condition: Resale Tenant Pays: Electricity Source Of Expenses: Owner Provided Boat and Dock Features: Electric Available; Private Dock Construction Materials: CBS; Concrete Cooling: Ceiling Fan(s); Central Air Heating: Central Listing Terms: Cash; Conventional Lot Features: Interior Lot; Room for Pool; Sidewalks Other Structures: Cabana Possession: Close Of Escrow; Subject To Tenant Rights Road Frontage Type: Public Road Road Surface Type: Paved Roof: Built-Up Sewer: Public Sewer Special Information: Sold As-Is Sprinkler Description: Auto Sprinkler Tax Information: Other Exemption Utilities: Cable Available; Sewer Available; Water Available View: Clubhouse Water Access: Ocean Access Water Source: Public Water View: Intracoastal; Marina Waterfront Features: Intracoastal; Navigable Water; Seawall Canal Width: Canal Width 121 Feet or More Window Features: Single Hung Metal Showing Requirements: 24 Hour Notice; Alarm System; Appointment Only; Call Listing Agent; Call Listing Office; Listing Agent Must Accompany; Occupied Occupant Details: Tenant Occupied Outdoor Living Spaces: Balcony; Patio Balcony Details: Balcony - Covered; Balcony - Open Patio Details: Patio - Covered Unit 1 Parking Features: Parking Space Unit 1 Rooms: Laundry Room Unit 2 Appliances: Dryer; Microwave; Range; Refrigerator; Washer Unit 2 Other Equipment: Air Conditioning Unit; Smoke Detector(s) Unit 2 Parking Features: Parking Space Unit 2 Rooms: Kitchen; Laundry Room Contingencies: Inspection Acreage Description: 1/2 To Less Than 1 Acre Lot

Contract Information

Comp Sale YN
No
Original List Price
3499999

Location and Legal

County Or Parish
Palm Beach
County Parish Name
Palm Beach
Street Number
2615
Street Name
Lake
Street Suffix
Drive
City Name
West Palm Beach
State Or Province
FL
Postal Code
33404
Postal Zip
33404
Subdivision Name
Palm Beach Shores
Area
5240
Geographic Area
PB28
Special Assessment YN
No
Parcel Number
56434227040005230
Zoning
RMH15
Directions
On the west side of Lake Drive, just north of Blue Heron Boulevard, Riviera Beach, Florida.

Financial Information

Tax Annual Amount
42736
Tax Year
2018
Tax Legal Description
Palm Beach Shores Lot 523

Status Change Information

Major Change Timestamp
2020-08-07T19:19:09Z
Major Change Type
Status Change
Status Change Date
2020-08-07
Under Contract Date
2020-07-03
Close Date
2020-08-07
Close Price
3100000
Buyer Financing
Cash

More Information

Meter Information

Separate Electric Meters YN
Yes
Separate Water Meters YN
No

Short Sale Details

Short Sale Addendum
No

Boat and Dock Information

Dock
Yes
Boat Max Length
90
Boat Dock Accommodates
Up to 90 Ft Boat

Unit 1 Details

Furnished
Furnished
SqFt
600
Actual Rent
0

Unit 2 Details

Furnished
Furnished
Actual Rent
0
SqFt
0

Price Calculations

Current Price To SqFt
396.52
Original List Price To Close Price
1.12

Originating Details

Originating System Key
20191018190007253101000000
Originating System ID
M00000170

Office/Member Information

DXORIGMLSID
RML

Association Amenities

Clubhouse
Yes

Electric

Three Phase
Yes

Exterior Features

Built-in Barbecue
Yes
Outdoor Shower
Yes

Flooring

Carpet
Yes
Ceramic Tile
Yes
Terrazzo
Yes
Wood
Yes

Property Condition

Resale
Yes

Special Information

Sold As-Is
Yes

Documents Available

Copy Of Lease(s)
Yes

Fencing

Fenced
Yes

Tenant Pays

Electricity
Yes

Other Structures

Cabana
Yes

Possession

Close Of Escrow
Yes
Subject To Tenant Rights
Yes

Sewer

Public Sewer
Yes

Utilities

Cable Available
Yes
Sewer Available
Yes
Water Available
Yes

View

Clubhouse
Yes

Heating

Central
Yes

Sprinkler Description

Auto Sprinkler
Yes

Water Access

Ocean Access
Yes

Water View

Intracoastal
Yes
Marina
Yes

Window Features

Single Hung Metal
Yes

Construction Materials

CBS
Yes
Concrete
Yes

Listing Terms

Cash
Yes
Conventional
Yes

Lot Features

Interior Lot
Yes
Room for Pool
Yes
Sidewalks
Yes

Road Frontage Type

Public Road
Yes

Road Surface Type

Paved
Yes

Roof

Built-Up
Yes

Water Source

Public
Yes

Waterfront Features

Intracoastal
Yes
Navigable Water
Yes
Seawall
Yes

Income and Expenses

Annual Total Expense
0
Gross Income
0

Source Of Expenses

Owner Provided
Yes

Boat and Dock Features

Electric Available
Yes
Private Dock
Yes

Cooling

Ceiling Fan(s)
Yes
Central Air
Yes

Showing Requirements

24 Hour Notice
Yes
Alarm System
Yes
Appointment Only
Yes
Call Listing Agent
Yes
Call Listing Office
Yes
Listing Agent Must Accompany
Yes
Occupied
Yes

Tax Information

Other Exemption
Yes

Canal Width

Canal Width 121 Feet or More
Yes

Occupant Details

Tenant Occupied
Yes

Outdoor Living Spaces

Balcony
Yes
Patio
Yes

Balcony Details

Balcony - Covered
Yes
Balcony - Open
Yes

Patio Details

Patio - Covered
Yes

Contingencies

Inspection
Yes

Unit 1 Parking Features

Parking Space
Yes

Unit 1 Rooms

Laundry Room
Yes

Unit 2 Appliances

Dryer
Yes
Microwave
Yes
Range
Yes
Refrigerator
Yes
Washer
Yes

Unit 2 Other Equipment

Air Conditioning Unit
Yes
Smoke Detector(s)
Yes

Unit 2 Parking Features

Parking Space
Yes

Unit 2 Patio/Porch

Patio/Porch
Yes

Unit 2 Rooms

Kitchen
Yes
Laundry Room
Yes

Unit 3 Details

Actual Rent
0
SqFt
0

Unit 4 Details

Actual Rent
0
SqFt
0

Acreage Description

1/2 To Less Than 1 Acre Lot
Yes
Listing Office: Anderson & Carr
IDX
Last Updated: May - 17 - 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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