SUNRISE TERRACE CONDO

1204 S Lake Drive # 3, Lantana FL 33462

1 baths · 430 ft²

Closed

$100,000

9.09%

Est. Payment $532/mo

MLS Sheet Video

1

Bathrooms

430

Sq. Ft.

1973

Year Built

2

Stories

50

Days on Market

Description

Excellent Location, RARELY AVAILABLE, quiet building steps from the Intracoastal Waterway! Close to Beach! Cash Only......Hot Spot for Snow Birds or Full Time residents. No Lease restrictions. Residents have full access to Hidden Banyan Intracoastal waterfront pool and private Pier. ONLY 12 Units in Building!! Unit #3 is a Studio with dining area and updated kitchen and bath IMPACT WINDOWS on 1st floor Studio is vacant and can rent for $1,000 - $1,100 Current cash on cash rate is about 8%. Rents can be raised to realize 9% plus return! Please walk over to intracoastal pool and dock as this is included with the building. Building is well maintained with Laundry facilities on site. New Roof replaced 2016.

Facts

MLS#
R10686388
Subdivision
SUNRISE TERRACE CONDO
Property Type
Residential
Property Sub Type
Condominium
Year Built
1973
Lot Size
12,197 ft²
Sq. Ft.
430 ft²
Sq. Mt.
40 m²
Price per sq. ft.
$233/ft²
Price per sq. mt.
$2,500/m²
Stories
2
Garage
Pool
Private
Days on Market
50 days
Listed
Jan 21, 2021
Last Updated
Jul 3, 2026
Price/Lot Sq.Ft.
$8/ft²

Comparable homes

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Market insights for Lantana

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

Sellers market

August 2026

100/100
Buyers marketSellers market

47

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).

7/3/2026Sold$100,000
3/5/2021Price change$100,000-9.1%
1/21/2021Listed for sale$110,000

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

Location

1204 S Lake Drive # 3, Lantana FL 33462Directions

GreatSchools Summary Ratings

Public + private K-12 schools within 5 miles of this listing.

GreatSchoolsData provided by GreatSchools.org © 2026. All rights reserved.

Estimated Monthly Payment

$766/mo

Principal & Interest

$532

Property Tax

$83

Insurance

$150

HOA

$0

20% ($20,000)
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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