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
$815,000
123 Lakeshore Drive #1543, North Palm Beach, FL 33408
3beds
2,478sqft
Condominium
Built in 1980
-- sqft lot
$865,800 Zestimate®
$329/sqft
$5,306 Estimated rent
Home value
$865,800
$762,000 - $987,000
$5,306/mo
Zestimate® history
Owner options
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$5,306/mo
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$5,306/mo
Rent Zestimate®
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$7,248/mo
Est. payment
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$7,248/mo
Est. payment
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Zillow last checked:
Listing updated:
Listed by:
Lindy Aguirre 561-307-3341,
Sutter & Nugent LLC
Bought with:
Kevin Rodden Keogh Jr, 3285118
Lighthouse Realty Group, Inc
Source: BeachesMLS,MLS#: R11007174
Originating MLS: BeachesMLS
Originating MLS: BeachesMLSFacts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 3
- Bathrooms: 3
- Full bathrooms: 2
- 1/2 bathrooms: 1
- Main level bathrooms: 2
- Main level bedrooms: 3
Primary bedroom
- Level: Main
- Area: 252
- Dimensions: 18 X 14
Primary bedroom
- Level: Main
- Area: 252
- Dimensions: 18 X 14
Bedroom 2
- Description: approximate
- Level: Main
- Area: 256
- Dimensions: 16 X 16
Bedroom 2
- Description: approximate
- Level: Main
- Area: 256
- Dimensions: 16 X 16
Bedroom 3
- Description: APPROX.
- Level: Main
- Area: 225
- Dimensions: 15 X 15
Bedroom 3
- Description: APPROX.
- Level: Main
- Area: 225
- Dimensions: 15 X 15
Kitchen
- Level: Main
- Area: 160
- Dimensions: 16 X 10
Kitchen
- Level: Main
- Area: 160
- Dimensions: 16 X 10
Living room
- Level: Main
- Area: 390
- Dimensions: 26 X 15
Living room
- Level: Main
- Area: 390
- Dimensions: 26 X 15
Heating
- Central, Electric
Cooling
- Electric
Appliances
- Included: Dryer, Dishwasher, Electric Water Heater, Microwave, Refrigerator, Water Heater, Washer
Features
- Bathtub, Closet Cabinetry, Dual Sinks, Split Bedrooms, Storage, Soaking Tub, Separate Shower, Bar, Walk-In Closet(s)
- Flooring: Carpet, Ceramic Tile
Interior area
- Total structure area: 2,478
- Total interior livable area: 2,478 sqft
Property
Parking
- Total spaces: 1
- Parking features: Assigned, Covered
- Carport spaces: 1
- Details: CarportSpaces:1.00
Accessibility
- Accessibility features: Accessible Hallway(s)
Features
- Patio & porch: Patio, Wrap Around, Balcony
- Exterior features: Balcony, Outdoor Living Area
- Pool features: Association
- Has spa: Yes
- Spa features: Heated, In Ground
- Has view: Yes
- View description: Golf Course, Intercoastal, Marina, Ocean
- Has water view: Yes
- Water view: Intercoastal,Marina,Ocean
- Waterfront features: Intracoastal Access
Details
- Parcel number: 68434209340001543
- Zoning: R3
Construction
Type & style
- Home type: Condo
- Property subtype: Condominium
Materials
- Block
Condition
- Resale
- New construction: No
- Year built: 1980
Utilities & green energy
- Utilities for property: Cable Available
Community & HOA
Community
- Features: Boat Facilities, Gated, Property Manager On-Site, Sidewalks
- Security: Security System, Fire Alarm, Gated with Guard, Gated Community, Smoke Detector(s)
- Senior community: Yes
- Subdivision: OLD PORT COVE TOWER WEST CONDO
HOA
- Has HOA: Yes
- Amenities included: Boating, Clubhouse, Fitness Center, Pool, Parking, Restaurant, Spa/Hot Tub, Elevator(s)
- Services included: Common Areas, Cable TV, Maintenance Grounds, Security, Water
- HOA fee: $1,645 monthly
Location
- Region: North Palm Beach
Financial & listing details
- Price per square foot: $329/sqft
- Tax assessed value: $671,000
- Annual tax amount: $14,148
- Date on market: 7/26/2024
- Cumulative days on market: 165 days
- Listing terms: Cash,Conventional
Price history
| Date | Event | Price |
|---|---|---|
| 1/27/2025 | Sold | $815,000-7.3%$329/sqft |
Source:  BeachesMLS #R11007174 Report a problem | ||
| 7/26/2024 | Listed for sale | $879,000+17.2%$355/sqft |
Source: BeachesMLS #RX-11007174 Report a problem | ||
| 3/2/2024 | Listing removed | -- |
Source: BeachesMLS #R10934217 Report a problem | ||
| 11/8/2023 | Listed for rent | $5,000+11.1%$2/sqft |
Source: BeachesMLS #R10934217 Report a problem | ||
| 2/4/2022 | Listing removed | -- |
Source: Zillow Rental Manager Report a problem | ||
| 1/6/2022 | Listed for rent | $4,500+55.2%$2/sqft |
Source: Zillow Rental Manager Report a problem | ||
| 11/19/2021 | Sold | $750,000-2.6%$303/sqft |
Source: BeachesMLS #R10695809 Report a problem | ||
| 10/8/2021 | Contingent | $770,000$311/sqft |
Source: BeachesMLS #RX-10695809 Report a problem | ||
| 8/5/2021 | Price change | $770,000-3.6%$311/sqft |
Source: BeachesMLS #RX-10695809 Report a problem | ||
| 7/14/2021 | Price change | $799,000-6%$322/sqft |
Source: BeachesMLS #RX-10695809 Report a problem | ||
| 2/27/2021 | Listed for sale | $850,000+47.2%$343/sqft |
Source: BeachesMLS #RX-10695809 Report a problem | ||
| 8/8/2019 | Listing removed | $2,900$1/sqft |
Source: Home Sales Palm Beach #RX-10548290 Report a problem | ||
| 7/23/2019 | Listed for rent | $2,900$1/sqft |
Source: Home Sales Palm Beach #RX-10548290 Report a problem | ||
| 10/17/2008 | Sold | $577,500$233/sqft |
Source: Public Record Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $13,325 -8.2% | $671,000 -8.3% |
| 2024 | $14,518 +2.6% | $732,000 +1.1% |
| 2023 | $14,147 +7.6% | $723,855 +10% |
| 2022 | $13,151 +12.6% | $658,050 +17.3% |
| 2021 | $11,679 +8.1% | $561,000 +10% |
| 2020 | $10,804 -10.6% | $510,000 -9.7% |
| 2019 | $12,080 | $565,000 |
| 2018 | $12,080 +6.6% | $565,000 +16.5% |
| 2017 | $11,328 +11.3% | $485,000 +4.1% |
| 2016 | $10,178 -4.9% | $465,850 +10% |
| 2015 | $10,702 +24.5% | $423,500 +10% |
| 2014 | $8,597 +7.7% | $385,000 +9.4% |
| 2013 | $7,979 +11.5% | $352,000 +10% |
| 2012 | $7,157 -1.9% | $320,000 |
| 2011 | $7,295 -0.8% | $320,000 |
| 2010 | $7,351 -6.7% | $320,000 -9.9% |
| 2009 | $7,875 -2.8% | $355,000 -10.5% |
| 2008 | $8,104 -20.9% | $396,750 -23.7% |
| 2007 | $10,243 -6.7% | $520,000 |
| 2006 | $10,976 | $520,000 +8.3% |
| 2005 | -- | $480,000 +29.4% |
| 2004 | $6,208 +11612.7% | $371,000 +15.6% |
| 2003 | $53 -99.2% | $321,000 +6.8% |
| 2002 | $6,629 -0.3% | $300,600 |
| 2001 | $6,650 +20.1% | $300,600 +20% |
| 2000 | $5,535 +9.3% | $250,600 +7.3% |
| 1999 | $5,063 | $233,600 |
Find assessor info on the county website
Neighborhood: 33408
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Nearby schools
GreatSchools rating
- 8/10The Conservatory SchoolGrades: PK-8Distance: 1.4 mi
- 3/10Palm Beach Gardens High SchoolGrades: 9-12Distance: 2.8 mi
- 5/10Howell L. Watkins Middle SchoolGrades: 6-8Distance: 2.1 mi
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Estimated market value
$865,800
Get a cash offer in 3 minutes
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Estimated market value
$865,800
- Florida
- Palm Beach County
- North Palm Beach
- 33408
- 123 Lakeshore Drive Unit 1543
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