Palm Beach Shores

2615 Lake Drive, West Palm Beach FL 33404

7,818 ft²

Closed

$3,499,999

Est. Payment $18,628/mo

MLS Sheet Video

7,818

Sq. Ft.

1954

Year Built

2

Stories

253

Days on Market

Description

Incredible opportunity to purchase a piece of paradise. A 12 unit converted motel which was completely renovated in 2013. This is a fully furnished opportunity. Currently leased to a Quality Rehabilitation facility. Beautiful pristine grounds with a large dock that could accommodate multiple vessels. Hurricane windows, New Roof 2013, Tankless Water heaters. Near County boat ramp and extremely close to Palm Beach Inlet approx. 1/2 mile. Adequate parking on site. Need 24 hour notice for showings and listing agent must be present at all showings. Call listing office. Unit Breakdown; 8 - 2/1 1- Studio 1- 2/1.5/1 car garage Deep water Dockage for up to 5+ Boats

Facts

MLS#
R10570931
Subdivision
Palm Beach Shores
Property Type
Residential Income
Property Sub Type
Quadruplex
Year Built
1954
Lot Size
19,602 ft²
Sq. Ft.
7,818 ft²
Sq. Mt.
726 m²
Price per sq. ft.
$448/ft²
Price per sq. mt.
$4,821/m²
Stories
2
Garage
Pool
Days on Market
253 days
Listed
Oct 18, 2019
Last Updated
Aug 23, 2026
Price/Lot Sq.Ft.
$179/ft²

Comparable homes

Same ZIP, similar price + bedrooms.

Market insights for West Palm Beach

Live MLS-derived activity. Forecast is a conservative rule-of-thumb estimate — not a guarantee.

Sellers market

September 2026

100/100
Buyers marketSellers market

27

Median days to sold

+4.5%

1-year price forecast (est.)

Price & tax history

From the live MIAMI MLS feed. Older history requires the ListingHistory resource (not yet enabled).

8/23/2026Sold$3,499,999
10/18/2019Listed for sale$3,499,999

History reflects fields present on the live MLS record. Full multi-year history requires the MIAMI ListingHistory resource (not yet enabled).

Location

2615 Lake Drive, West Palm Beach FL 33404Directions

Estimated Monthly Payment

$21,695/mo

Principal & Interest

$18,628

Property Tax

$2,917

Insurance

$150

HOA

$0

20% ($700,000)
7.00%
30 years
1.00% (FL avg ~1.0%)
$0/mo
$150/mo

Estimates only. Actual payment depends on credit, lender, insurance carrier, and FL/Miami-Dade specifics. Contact Rangely for a precise quote.

Rangely Adames

Rangely Adames

Sales Associate | Sunland Group

Hablo Español

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