Seize the chance to own a prime investment property on a high floor in the most coveted stack at Old Port Cove Towers. This rare find offers breathtaking, unobstructed wrap-around views of the Intracoastal Waterway, marina, Singer Island, and beyond.The spacious 3-bedroom, 2.5-bath unit features a well-designed split floor plan, generous living areas, a dedicated laundry room, and ample storage throughout. This property comes with the added benefit of a reliable, guaranteed tenant, making it an ideal investment with immediate returns. The current lease extends until May 2025, with the tenant holding an option to renew for an additional two years--offering flexibility for either short-term investment with future move-in potential or long-term rental income. Residents can enjoy a leisurely stroll along the scenic 2-mile walking path that leads to the on-site restaurant, or dock their boat at the Safe Harbour Marina. Located in a 55+ community, this unit provides both an exclusive lifestyle and a solid investment opportunity.
Sold for $815,000 on 01/27/25
$815,000
123 Lakeshore Drive #1543, North Palm Beach, FL 33408
3beds
2,478sqft
Condominium
Built in 1980
-- sqft lot
$794,800 Zestimate®
$329/sqft
$7,375 Estimated rent
What's special
Zillow last checked: 7 hours ago
Listing updated: February 06, 2025 at 03:17am
Listed by:
Lindy Bradford 561-307-3341,
Sutter & Nugent LLC
Bought with:
Kevin Rodden Keogh
Lighthouse Realty Group, Inc
Source: BeachesMLS,MLS#: RX-11007174
Originating MLS: Beaches MLS

Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 3
- Bathrooms: 3
- Full bathrooms: 2
- 1/2 bathrooms: 1
Primary bedroom
- Level: M
- Area: 252
- Dimensions: 18 x 14
Bedroom 2
- Description: approximate
- Level: M
- Area: 256
- Dimensions: 16 x 16
Bedroom 3
- Description: APPROX.
- Level: M
- Area: 225
- Dimensions: 15 x 15
Kitchen
- Level: M
- Area: 160
- Dimensions: 16 x 10
Living room
- Level: M
- Area: 390
- Dimensions: 26 x 15
Heating
- Central, Electric
Cooling
- Electric
Appliances
- Included: Dishwasher, Dryer, Microwave, Refrigerator, Washer, Electric Water Heater
Features
- Bar, Closet Cabinets, Split Bedroom, Walk-In Closet(s)
- Flooring: Carpet, Ceramic Tile
- Windows: Accordion Shutters (Complete)
- Common walls with other units/homes: Corner
Interior area
- Total structure area: 2,478
- Total interior livable area: 2,478 sqft
Property
Parking
- Total spaces: 1
- Parking features: Assigned, Covered, Commercial Vehicles Prohibited
- Carport spaces: 1
Accessibility
- Accessibility features: Level, Accessible Hallway(s)
Features
- Levels: 22.00
- Stories: 22
- Patio & porch: Open Patio
- Exterior features: Wrap-Around Balcony
- Pool features: Community
- Spa features: Community
- Has view: Yes
- View description: Golf Course, Intracoastal, Marina, Ocean
- Has water view: Yes
- Water view: Intracoastal,Marina,Ocean
- Waterfront features: Intracoastal
Lot
- Features: East of US-1, Sidewalks
Details
- Parcel number: 68434209340001543
- Zoning: R3
Construction
Type & style
- Home type: Condo
- Property subtype: Condominium
Materials
- CBS
Condition
- Resale
- New construction: No
- Year built: 1980
Utilities & green energy
- Utilities for property: Cable Connected
Community & neighborhood
Security
- Security features: Gated with Guard, Lobby, Fire Alarm, Smoke Detector(s)
Community
- Community features: Boating, Cafe/Restaurant, Clubhouse, Community Room, Elevator, Fitness Center, Lobby, Manager on Site, Gated
Senior living
- Senior community: Yes
Location
- Region: North Palm Beach
- Subdivision: Old Port Cove Tower West Condo
HOA & financial
HOA
- Has HOA: Yes
- HOA fee: $1,645 monthly
- Services included: Cable TV, Common Areas, Common R.E. Tax, Elevator, Maintenance Grounds, Maintenance Structure, Management Fees, Parking, Security, Water
Other
Other facts
- Listing terms: Cash,Conventional
Services availability
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Estimated market value
$794,800
Get a cash offer in 3 minutes
Find out how much your home could sell for in as little as 3 minutes with a no-obligation cash offer.
Estimated market value
$794,800