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2649 Lake Drive 1-8, Singer Island, FL 33404 (MLS# R10748202)

2649 Lake Drive 1-8, Singer Island, FL 33404

$4,700,000
Property Type: Commercial Sale Square Footage: 6,640 Status: Closed
Current Price: $4,700,000 List Date: 9/27/2021 Last Modified: 5/23/2026

Overview

Description

Welcome to an Investors waterfront haven! The Bali Condominium offers 6 two bedroom, 1.5 bath condos and one larger combined condo on the second floor with sweeping Intracoastal views featuring two bedrooms and two baths. This 7 condo complex is a boaters paradise with 8 boat slips, 5 with boat lifts and 3 in water slips. 5 storage units on property, community balcony and 8 tenant parking spots, each spot offers the capability to hold 2 cars. There is an expansive green space to make tenants comfortable and an upstairs and downstairs laundry room to accommodate everyone's needs. The Bali is fully gated for privacy. Call today for additional information. Do not miss this opportunity to own an amazing income producing waterfront oasis!

Listing Details MLS# R10748202

General Property Information

Property Sub Type
Multi Family
Number Of Units Total
7
Building Area Main
6640
Building Area Source
Public Records
Year Built
1973
Lot Size Area
13939.2
Lot Size Acres
0.32
Stories
2

Property Features

Building Features: Free Standing; Laundry Facilities Electric: Three Phase Flooring: Terrazzo; Tile Heating: Central Possession: Close Of Escrow Sale Includes: Building; Land Cooling: Central Air Listing Terms: Cash; Conventional Roof: Other Security Features: Gated - No Guard; None Sewer: Public Sewer Water Source: Public Showing Requirements: 24 Hour Notice; Appointment Only; Listing Agent Must Accompany Contingencies: Backup Contract/Call LA

Contract Information

Comp Sale YN
No
Original List Price
4500000

Location and Legal

County Or Parish
Palm Beach
County Parish Name
Palm Beach
Street Number
2649
Street Name
Lake
Street Suffix
Drive
Unit Number
1-8
City Name
Singer Island
State Or Province
FL
Postal Code
33404
Area
5240
Geographic Area
PB28
Parcel Number
56434227200001010
Zoning
RMH15
Directions
Take North Ocean to Lake Drive and Go North to property on left.
Property Description
The Bali Condominium

Financial Information

Tax Annual Amount
11889
Tax Year
2021
Tax Legal Description
BALI WATERFRONT COND UNIT 101,102,103,104,105,106,107,108

Remarks and Miscellaneous

Public Historical Remarks
Building Type: Y

More Information

Status Change Information

Major Change Timestamp
2021-12-01T20:56:16Z
Major Change Type
Status Change
Status Change Date
2021-12-01
Under Contract Date
2021-09-29
Close Date
2021-10-27
Close Price
4700000
Buyer Financing
Cash

Building and Property Details

# Of Toilets
14
% Air Conditioned
90
Maximum Ceiling Height
8.5

Price Calculations

Current Price To SqFt
707.83
Original List Price To Close Price
0.95

Originating Details

Originating System Key
20210925134845276859000000
Originating System ID
M00000170

Office/Member Information

DXORIGMLSID
RML

Electric

Three Phase
Yes

Flooring

Terrazzo
Yes
Tile
Yes

Possession

Close Of Escrow
Yes

Sewer

Public Sewer
Yes

Building Features

Free Standing
Yes
Laundry Facilities
Yes

Heating

Central
Yes

Sale Includes

Building
Yes
Land
Yes

Listing Terms

Cash
Yes
Conventional
Yes

Roof

Other
Yes

Security Features

Gated - No Guard
Yes
None
Yes

Water Source

Public
Yes

Cooling

Central Air
Yes

Showing Requirements

24 Hour Notice
Yes
Appointment Only
Yes
Listing Agent Must Accompany
Yes

Contingencies

Backup Contract/Call LA
Yes
Listing Office: Illustrated Properties LLC (Co
IDX
Last Updated: May - 23 - 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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