123 Lakeshore 2042, North Palm Beach, FL 33408

$387,500

The marina, the lago, Singer Island, and the Atlantic

Virtual Tour

https://www.propertypanorama.com/123-Lakeshore-Unit-2042-North-Palm-Beach-FL-33408/unbranded

Property Type: Residential Bedrooms: 2 Baths: 2 Square Footage: 2,159 Status: Closed

Current Price: $387,500 List Date: 1/08/2026 Last Modified: 8/19/2026

Overview

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!

Listing Details MLS# F10541315

General Property Information

Unit Floor #: 20
Property Sub Type: Condominium
Bedrooms Total: 2
Bathrooms Total: 2
Bathrooms Full: 2
Building Area Main: 2159
Living Area Main: 1715
Year Built: 1980
Carport YN: Yes
Attached Carport YN: Yes
Carport Spaces: Yes
Covered Spaces: Yes
Gated Community YN: Yes
Senior Community YN: Yes
Land Lease YN: No
Waterfront YN: Yes
Outdoor Living Spaces YN: Yes
Stories Total: 23
LP/Assessed Value: 0.87

Property Features

Association Fee Includes: Common Areas; Elevator; Maintenance Structure; Recreation Facility; Reserve Funds; Sewer; Trash; Water Flooring: Carpet; Tile Parking Features: Assigned; Covered; Attached Carport; Carport Property Condition: Resale Appliances: Dishwasher; Disposal; Dryer; Electric Range; Ice Maker; Microwave; Refrigerator; Washer; Water Heater Water Heater Details: Electric Water Heater Construction Materials: Block; CBS Cooling: Ceiling Fan(s); Central Air; Electric Association Type: Other Type of Association Heating: Central; Heat Pump Interior Features: High Ceilings; Walk-In Closet(s); Wet Bar Listing Terms: Cash; Conventional; FHA; VA Loan Pets Allowed YN: No Possession: Close Of Escrow Restrictions: Other Restrictions; Parking - No RV; Parking - No Trailer; Parking - No Truck Road Frontage Type: East of US-1 Security Features: Fire Sprinkler System; Key Card Entry; Security System; Smoke Detector(s) Special Information: Foreign Seller Tax Information: Tax Reflects No Exemptions Unit Description: Corner/End Unit Utilities: Cable Available Water View: Intracoastal; Lake; Ocean Waterfront Features: Intracoastal; Seawall Window Features: Plantation Shutters Showing Requirements: Call Listing Agent Outdoor Living Spaces: Balcony Balcony Details: Balcony - Open Contingencies: Close of Other Property

Contract Information

Comp Sale YN: No
Original List Price: 450000
Negotiable Seller Concessions YN: Yes
Occupant Type: Vacant

Location and Legal

Country: United States
County Or Parish: Palm Beach
County Parish Name: Palm Beach
Street Number: 123
Street Name: Lakeshore
Unit Number: 2042
City Name: North Palm Beach
State Or Province: FL
Postal Code: 33408
Postal Zip: 33408
Subdivision Name: Old Port Cove Towers
Area: 5250
Geographic Area: PB19
Parcel Number: 68434209340002042
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.

Financial Information

Association YN: Yes
Association Fee: 1467
Association Fee Frequency: Monthly
Application Required YN: Yes
Membership Fee Required YN: No
Tax Annual Amount: 10278
Tax Year: 2025
Tax Assessed/SOH Value: 516000
Tax Legal Description: OLD PORT COVE TOWER WEST COND UNIT 2042

Status Change Information

Major Change Timestamp: 2026-02-06T19:03:34Z
Major Change Type: Status Change
Status Change Date: 2026-02-06
Under Contract Date: 2026-01-22
Close Date: 2026-02-06
Close Price: 387500
Buyer Financing: Cash

More Information

Application Fee Details

Application Fee Required: Yes
Application Fee: 250

Short Sale Details

Short Sale Addendum: No

Boat and Dock Information

Dock: Available

Co-Ownership

Property Management YN: No

Main Level Rooms

Main Level Bathrooms: 2
Main Level Bedrooms: 2

Leasing Restrictions

Leasing - Max Times Per Year: Yes

Concessions

Seller Concessions: No

Price Calculations

Current Price To SqFt: 225.95
Original List Price To Close Price: 0.86

Originating Details

Originating System Key: 607763328
Originating System ID: M00000170

Listing Office: David Rathgeber

Last Updated: August - 19 - 2026

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123 Lakeshore 2042, North Palm Beach, FL 33408 (MLS# F10541315)