OLD PORT COVE TOWER WEST C,Old Port Cove

123 Lakeshore Drive # 1543, North Palm Beach FL 33408

3 beds · 2.5 baths · 2,478 ft²

Closed

$879,000

Est. Payment $4,678/mo

MLS Sheet Video

3

Bedrooms

2.5

Bathrooms

2,478

Sq. Ft.

1980

Year Built

22

Stories

165

Days on Market

Description

Seize the chance to own a prime investment property on a high floor in the most coveted stack at Old Port Cove Towers. This rare find offers breathtaking, unobstructed wrap-around views of the Intracoastal Waterway, marina, Singer Island, and beyond. The spacious 3-bedroom, 2.5-bath unit features a well-designed split floor plan, generous living areas, a dedicated laundry room, and ample storage throughout. This property comes with the added benefit of a reliable, guaranteed tenant, making it an ideal investment with immediate returns. The current lease extends until May 2025, with the tenant holding an option to renew for an additional two years—offering flexibility for either short-term investment with future move-in potential or long-term rental income. Residents can enjoy a leisurely stroll along the scenic 2-mile walking path that leads to the on-site restaurant, or dock their boat at the Safe Harbour Marina. Located in a 55+ community, this unit provides both an exclusive lifestyle and a solid investment opportunity.

Facts

MLS#
R11007174
Subdivision
OLD PORT COVE TOWER WEST C,Old Port Cove
Property Type
Residential
Property Sub Type
Condominium
Year Built
1980
Lot Size
0 sqft
Sq. Ft.
2,478 ft²
Sq. Mt.
230 m²
Price per sq. ft.
$355/ft²
Price per sq. mt.
$3,822/m²
Stories
22
Garage
Pool
Private
Days on Market
165 days
Listed
Jul 25, 2024
Last Updated
Aug 13, 2026
Price/Lot Sq.Ft.

Comparable homes

Same ZIP, similar price + bedrooms.

Market insights for North Palm Beach

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

Sellers market

August 2026

100/100
Buyers marketSellers market

90

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).

8/13/2026Sold$879,000
7/25/2024Listed for sale$879,000

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

Location

123 Lakeshore Drive # 1543, North Palm Beach FL 33408Directions

Estimated Monthly Payment

$5,561/mo

Principal & Interest

$4,678

Property Tax

$733

Insurance

$150

HOA

$0

20% ($175,800)
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

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Updated 3 hours ago

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