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$450,000

Beds
2
Baths
2.0
sq ft
1,054

1206 S Lake Dr Unit 504, Lantana, FL 33462

1206 S Lake Dr Unit 504

Lantana, FL 33462

  • 1 day on market
Discover the epitome of waterfront living in this stunning Intracoastal-front condo, where breathtaking views and modern luxury converge. This spacious residence features an open floor plan filled with natural light, a gourmet kitchen with stainless steel appliances, and a serene primary suite. Step onto your private balcony to enjoy the tranquil sights and sounds of the water. Located in a well-maintained building with hurricane impact doors and windows, offering ocean access. Enjoy resort-style amenities, including a pool, sauna, BBQ area, laundry room, and fishing dock. With a low HOA fee and no special assessments, this coastal retreat offers exceptional value and peace of mind. Schedule your private showing today and experience the ultimate waterfront lifestyle!

Details

Property type

Condominium

Est. home value

$368,118

Lot size

Unknown

Price per sq ft

$427

Year built

1975

Annual property taxes

$4,730

Monthly HOA fee

$583

Price History

01/06/2025
SEF

SEF #A11718464

Listed
$450,000
+138.1%
03/13/2017
Beaches

Beaches #R10301174

Sold
$189,000

Schools & Community

Elementary school: 

Unknown

Middle school: 

Lantana

High school: 

Lake Worth

Number of units in community: 

25

Negotiation Insights

Before you make an offer, understand who you are negotiating with so you can tailor your negotiation strategy to their situation.

Seller could get up to

$227,721
Asking price
$450,000
Closing costs (~8% of asking)
-$36,000
Est. remaining loan balance
-$186,279
Cash to seller
$227,721

This is an estimate of how much the seller could receive at closing after paying off the outstanding mortgage.

Seller’s Loan History

Lender

Homecomings Financial Llc

Loan start date

February 2007

Original loan amount

$297,500

Est. remaining balance

$186,279

Interest rate

6.18%

Loan type

Not Provided, 30 year

Seller

Paul M Kasden

Source: Public records data

If you're the owner, you can request to remove loan details. Email listingsupport@tomo.com

How insights can help you

Interest rate

If the seller has a low interest rate, they may be tempted to rent the property out if they can't get the price they have in mind.

Motivation

If the seller already got a job in a different city, they may feel pressure to sell quickly to free up cash for a new home.

Equity

If the seller stands to receive a large amount of cash when they sell the property, they might be willing to negotiate on the offer price.

Interested in learning more?

Status: Active

Tomo last checked: 01/08/2025 at 2:10 AM

Listing updated: 01/06/2025 at 5:10 PM

Listed by: Vanessa Rojas, Luxe Properties Phone #: (305) 809-7650

MLS: SEF #A11718464

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