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$387,500
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Property Description
Old Port Cove Towers Association, is up to date with required engineering studies, reserve requirements, and conformance to Florida law. Come see the million-dollar view. This unit has high ceilings, a wrap-around balcony, a wet bar, and all new carpeting, with TV and internet Included in the fee. There are 3 ceiling fans, lots of pocket doors, and large his and hers walk-in closets with built-ins. It has minimal updating, but it is vacant, move-in ready, and livable. Updated unit #1145 sold for $760,000 and 2 other similar units sold for an average of $465; all recent 2-bedroom sales on lower floors. This is a gated, 55+ community, with a pool, sauna, and car wash area. "Our" restaurant, Belle's, is a one minute walk. You won't want to dine elsewhere often: i know, I live here!
Full Property Details
Full Property Details for 123 Lakeshore Unit #2042
General
- Sold For: $387,500
- HOA FEE: $1,467/month
- Taxes: $10,278 (2025)
- Status: Closed
- Type: Condo
- Source: Regional
- MLS ID: F10541315
- Added to Site: 60 day(s) ago
Interior
- Interior Features: Wet Bar, Bedroom on Main Level, Dual Sinks, High Ceilings, Walk-In Closet(s)
- Fireplace: Yes
- Appliances: Dryer, Dishwasher, Electric Range, Electric Water Heater, Disposal, Gas Range, Ice Maker, Microwave, Oven, Refrigerator, Water Softener, Water Heater, Water Purifier, Washer
- Flooring: Carpet, Tile
Rooms
Bathrooms
- Total Bathrooms: 2
- Full Bathrooms: 2
- Main Floor Baths: 2
Bedrooms
- Total Bedrooms: 2
- Bedrooms Main: 2
Additional Information
- Shared Amenities: Clubhouse, Car Wash Area, Pool, Parking, Sauna, Trash, Elevator(s), Boat Dock
- Pool: Yes
- Pool Description: Association
- Security/Safety: Security System, Fire Sprinkler System, Gated Community, Key Card Entry, Smoke Detector(s)
Exterior
- Exterior Features: Balcony, Outdoor Living Area
- Porch/Patio/Deck: Open, Porch, Balcony
Parking
- Carports: Yes
- Carport Spaces: 1
- Covered Spaces: 1
- Parking Features: Attached Carport, Assigned, Covered, Carport
Location
- County: Palm Beach
- Subdivision: Old Port Cove Towers
- Driving Directions: From Route 1: East on Lakeshore Dr which is just north of the Parker Bridge, or a mile south of PGA Blvd. I will call you in to the Old Port Cove front gate. When you get to 123 Lakeshore Dr on the right, park in a visitor's space: NOT one with a roof.
Community
- Community Name: 5250
- Association: Yes
- Assoc. Fees Include: Common Areas, Maintenance Structure, Recreation Facilities, Reserve Fund, Sewer, Trash, Water, Internet
- Adult Community: Yes
Heating & Cooling
- Central air: Yes
- Air Conditioning: Yes
- Cooling Type: Central Air, Ceiling Fan(s), Electric
- Heating Type: Central, Heat Pump
Utilities
- Cable Available: Yes
- Utility Description: Cable Available
Structural Information
- Construction: Block
- Windows: Plantation Shutters
- Stories/Levels: 23
- Building Size: 2159
- Square Feet: 1,715
- Living Area: 1,715 Sq. Ft.
- Year Built: 1980
- Property Condition: Resale
Lot Features
- Property View: Intercoastal, Lake, Ocean
- Land Lease Avail: Yes
Water Features
- Water View: Yes
- Water Front Desc.: Intracoastal Access, Seawall
- Water Front View: Intracoastal Access, Seawall
Financial Considerations
- Association Fee: $1,467
- Assoc Fee Freq.: Monthly
- Assessment Amount: $516,000
- Tax Amount: $10,278
- Tax Year: 2025
- Terms: Cash, Conventional, FHA, VA Loan
Disclosures and Reports
- Legal Description: OLD PORT COVE TOWER WEST COND UNIT 2042
- Disclosures/Rstr.: Foreign Seller
- Property ID: 68434209340002042
Listed by David Rathgeber
Sold by KW Reserve
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Schools
Schools serving 123 Lakeshore Unit #2042
School District:Palm Beach County School District
| Name | Grades | Distance |
|---|---|---|
The Conservatory School 401 Anchorage Drive, North Palm Beach, FL 33408 | PK-8 | 1.3 mi |
Palm Beach Gardens High School 4245 Holly Drive, Palm Beach Gardens, FL 33410 | 9-12 | 2.8 mi |
Disclaimer:
School attendance boundaries provided by Pitney Bowes and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 123 Lakeshore Unit #2042
Date
Details
Price
Change
Source
2/06/2026
Sold
$387,500
-13.89%
MLS
1/08/2026
Listed
$450,000
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
123 Lakeshore #2042, North Palm Beach, FL 33408 (MLS# F10541315) is a Condo property that was sold at $387,500 on February 06, 2026. Want to learn more about 123 Lakeshore #2042? Do you have questions about finding other Condo real estate for sale in North Palm Beach? You can browse all North Palm Beach real estate or contact a Coldwell Banker agent to request more information.

