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2405 Lake Drive #1, Palm Beach Shores, FL 33404

$4,800,000

  • For Sale
  • Active
  • Multi-Family
  • 0.41 Acres
2405 Lake Drive #1, Palm Beach Shores, FL 33404View this property at 2405 Lake Drive #1, Palm Beach Shores, FL 33404
2405 Lake Drive #1Palm Beach ShoresFL33404

Property Description

8 unit apartment complex with separate 4848 sq.ft 2 story house on intracoastal waterway on Singer Island/Palm Beach Shores. Two story building with 4 on the bottom and 4 on the top 1 bedroom/1 bath 720sq/ft. 5 apartments have been renovated with new kitchens with granite counter tops. This property is perfect to be Developed or turned into a Treatment Center.

Full Property Detailsfor 2405 Lake Drive #1

General

  • Price: $4,800,000
  • Taxes: $30,473 (2016)
  • Status: Active
  • Type: Multi-Family
  • MLS ID: U7834949
  • Updated: 4/24/2018
  • Added: 252 day(s) ago

Rental Information

  • Complex Features: Sidewalk

Interior

  • Appliances: Microwave, Range, Refrigerator
  • Flooring: Ceramic Tile

Additional Information

  • Security/Safety: Smoke Detector(s)

Exterior

  • Exterior Features: Sliding Doors, Rain Gutters
  • Deck/Patio: Deck, Patio, Porch

Parking

  • Parking Features: None, Open

Location

  • Area: 33404 - West Palm Beach
  • County: Palm Beach
  • Township: 42
  • Subdivision: PALM BEACH SHORES
  • Driving Directions: Keep left to take the ramp toward Riviera BCH/Port of the Palm BCH/Palm Beach Shores. Turn left onto FL-708/W Blue Heron Blvd. Turn right onto Lake Dr. 2405 Lake Dr, is on the right.

Community

  • Home Owners Assn.: None

Heating & Cooling

  • Cooling Type: Wall/Window Unit(s)
  • Heating Type: None

Utilities

  • Utility Description: BB/HS Internet Available, Cable TV Available, Electricity Connected, Public, Street Lights

Structural Information

  • # Buildings: 2
  • Exterior Const.: Block
  • Roof: Shingle
  • Windows: Blinds
  • Square Feet: 10,448
  • Sq. Ft. Source: Public Records
  • Year Built: 1966

Unit Information

Unit 1

  • Unit Description: 1 Bed/1 Bath
  • Total Bathrooms: 1
  • Bedrooms: 1

Unit 2

  • Unit Description: Efficiency
  • Total Bathrooms: 1
  • Bedrooms: 1

Lot Features

  • Property View: Water
  • Lot Size (Acres): 0.41
  • Lot Size (Sq. Ft.): 17,746
  • Lot Dimensions: 0 x 0
  • Lot Features: Level, Street Paved; 1/4 Acre to 21779 Sq. Ft.
  • Zoning: RMH15
  • Lot Description: Mature Landscaping

Water Features

  • Water Front: Yes
  • Water View: Yes
  • Water Access: Yes
  • Water Access Desc: Intracoastal Waterway

Financial Considerations

  • Assoc Fee Desc.: None
  • Tax Amount: $30,473
  • Tax Year: 2016
  • Terms: Cash, Conventional

Disclosures and Reports

  • Special Conditions: None
  • Legal Description: PALM BEACH SHORES LT 530 & PT OF FILLED LANDS LYG WLY OF & ADJ TO IN OR21871P952
  • Flood Zone Info: A7
  • Disclosures/Reports: Seller Property Disclosure
  • APN: 56-43-42-27-04-000-5300
  • Property ID: 56-43-42-27-04-000-5300
  • Plat: 23-29
  • Range: 43
  • Lot: 530

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Schools

Schoolsserving 2405 Lake Drive #1

School District:Palm Beach Schools
School Name
Grades
Distance
Lincoln Elementary School
1160 Ave N, Riviera Beach, FL 33404
PK-5
2.2 mi
John F. Kennedy Middle School, Riviera Beach, FL
1901 Avenue S, Riviera Beach, FL 33404
6-8
2.7 mi
William T. Dwyer High School
13601 N. Military Trail, Palm Beach Gardens, FL 33418
9-12
7.7 mi
Disclaimer: School data provided by Pitney Bowes. School attendance boundaries are for reference only. Contact the school directly to verify enrollment eligibility.

Price & Sales History

Price & Sales Historyfor 2405 Lake Drive #1 Get Price Alerts

Date
Details
Price
Change
Source
1/03/2018
Price Reduced
$4,800,000
-17.24%
MLS
10/12/2017
Listed
$5,800,000
314.29%
MLS
5/01/2013
Sold
$1,400,000
26.1%
Public Record
1/08/2013
Sold
$1,110,200
-68.73%
Public Record
6/13/2007
Sold
$3,550,000
Public Record
Disclaimer: Historical sales and tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.

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Community Info

Community Infofor 2405 Lake Drive #1

Listed by ListSmart

2405 Lake Drive #1, Palm Beach Shores, FL 33404 (MLS# U7834949) is a Multi-Family property with units containing 0 bedrooms and 0 full bathrooms. 2405 Lake Drive #1 is currently listed for $4,800,000 and was received on October 12, 2017. Want to learn more about 2405 Lake Drive #1? Do you have questions about finding other Multi-Family real estate for sale in Palm Beach Shores? You can browse all Palm Beach Shores real estate or contact a Coldwell Banker agent to request more information.