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2649 Lake Drive 1-8, Singer Island, FL 33404 (MLS# R10748218)

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

$4,700,000
Property Type: Residential Income 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# R10748218

General Property Information

Property Sub Type
Quadruplex
Building Area Main
6640
Building Area Source
Public Records
Living Area Main
6640
Year Built
1973
Gated Community YN
Yes
Frontage Length
75
Senior Community YN
No
Waterfront YN
Yes
Outdoor Living Spaces YN
Yes
Stories
2
Pool Private YN
No

Property Features

Association Amenities: Boating Documents Available: Other Electric: Three Phase Fencing: Fenced Flooring: Terrazzo; Tile Property Condition: Resale Tenant Pays: Electricity Source Of Expenses: Other Construction Materials: Other Cooling: Central Air Heating: Central Listing Terms: Cash; Conventional Possession: Close Of Escrow Restrictions: Lease Restrictions Roof: Other Sewer: Public Sewer Tax Information: City/County Utilities: Cable Available; Sewer Available; Water Available Water Access: No Fixed Bridge; Ocean Access Water Source: Public Water View: Intracoastal Waterfront Features: Intracoastal; Seawall; No Fixed Bridges Showing Requirements: 24 Hour Notice; Appointment Only Outdoor Living Spaces: Balcony Balcony Details: Balcony - Open Unit 1 Parking Features: Parking Space Unit 2 Parking Features: Parking Space Unit 3 Parking Features: Parking Space Unit 4 Parking Features: Parking Space Contingencies: Backup Contract/Call LA Acreage Description: 1/4 To Less Than 1/2 Acre Lot

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 Drive
Unit Number
1-8
City Name
Singer Island
State Or Province
FL
Postal Code
33404
Postal Zip
33404
Subdivision Name
Bali
Area
5240
Geographic Area
PB28
Parcel Number
56434227200001020
Zoning
RMH 15
Directions
Take North Ocean Drive to Lake Drive. Go North to property on the left

Financial Information

Tax Annual Amount
11889
Tax Year
2021
Tax Legal Description
BALI WATERFRONT COND UNIT 102

Status Change Information

Major Change Timestamp
2021-11-02T12:46:37Z
Major Change Type
Status Change
Status Change Date
2021-11-02
Under Contract Date
2021-09-29
Close Date
2021-10-27
Close Price
4700000
Buyer Financing
Cash

More Information

Meter Information

Separate Electric Meters YN
Yes
Separate Water Meters YN
No

Short Sale Details

Short Sale Addendum
No

Storm Protection

Accordian Shutters
Partial

Unit 1 Details

Baths Full
Yes
Furnished
Unfurnished
SqFt
830
Actual Rent
0

Unit 2 Details

Baths Full
Yes
Furnished
Unfurnished
SqFt
830
Actual Rent
0

Unit 3 Details

SqFt
830
Actual Rent
0

Unit 4 Details

SqFt
830
Actual Rent
0

Price Calculations

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

Originating Details

Originating System Key
20210924203059159772000000
Originating System ID
M00000170

Office/Member Information

DXORIGMLSID
RML

Association Amenities

Boating
Yes

Electric

Three Phase
Yes

Flooring

Terrazzo
Yes
Tile
Yes

Property Condition

Resale
Yes

Documents Available

Other
Yes

Fencing

Fenced
Yes

Tenant Pays

Electricity
Yes

Possession

Close Of Escrow
Yes

Sewer

Public Sewer
Yes

Utilities

Cable Available
Yes
Sewer Available
Yes
Water Available
Yes

Heating

Central
Yes

Water Access

No Fixed Bridge
Yes
Ocean Access
Yes

Water View

Intracoastal
Yes

Construction Materials

Other
Yes

Listing Terms

Cash
Yes
Conventional
Yes

Roof

Other
Yes

Water Source

Public
Yes

Waterfront Features

Intracoastal
Yes
Seawall
Yes
No Fixed Bridges
Yes

Income and Expenses

Annual Total Expense
0
Gross Income
0

Source Of Expenses

Other
Yes

Cooling

Central Air
Yes

Showing Requirements

24 Hour Notice
Yes
Appointment Only
Yes

Restrictions

Lease Restrictions
Yes

Tax Information

City/County
Yes

Outdoor Living Spaces

Balcony
Yes

Balcony Details

Balcony - Open
Yes

Contingencies

Backup Contract/Call LA
Yes

Unit 1 Parking Features

Parking Space
Yes

Unit 2 Parking Features

Parking Space
Yes

Unit 3 Parking Features

Parking Space
Yes

Unit 4 Parking Features

Parking Space
Yes

Acreage Description

1/4 To Less Than 1/2 Acre Lot
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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