Cays Realty
108 Lakeshore Drive 1041, North Palm Beach, FL 33408 — MLS photo

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108 Lakeshore Drive 1041, North Palm Beach, FL 33408

Active · Condominium

$878,000

108 Lakeshore Drive 1041, North Palm Beach, FL 33408

Beds
2
Baths
2
Living area
1,884 sq ft
$ / sq ft
$466/sq ft
Year built
1975
Lot size
—
HOA fee
$2,069 Monthly
Annual tax
$4,117

About this property

Beautifully renovated North Palm Beach corner residence with panoramic Atlantic Ocean & Intracoastal Waterway views. This SE facing luxury condo features 2 bedrooms, 2 designer baths, and a wraparound balcony showcasing breathtaking sunrises and endless water views. The open-concept floor plan offers porcelain flooring, recessed lighting, new impact glass sliders, and sophisticated coastal finishes. The chef's kitchen features imported Italian cabinetry, quartz countertops, LG stainless steel appliances, and an oversized island. The primary suite includes dual walk-in closets and a spa-inspired bath. Located in a 24-hour gated waterfront community with a marina-view pool, clubhouse, and resort-style amenities, just minutes from beaches, shops and dining.

Property location

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108 Lakeshore Drive 1041, North Palm Beach, FL 33408

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Facts & features

Interior

Bedrooms
2
Bathrooms
2
Living area
1,884 sq ft
Flooring
Other
Appliances
Built In Oven, Dryer, Dishwasher, Electric Range, Electric Water Heater, Ice Maker, Microwave, Refrigerator, Self Cleaning Oven, Wine Cooler, Washer
Cooling
Central Air, Exhaust Fan, Electric
Heating
Central
Interior features
Built In Features, Breakfast Area, Bathtub, Closet Cabinetry, Dining Area, Separate Formal Dining Room, Dual Sinks, Entrance Foyer, Eat In Kitchen, Garden Tub Roman Tub, Kitchen Island, Living Dining Room, Split Bedrooms, Shower Only, Bar, Walk In Closets, Elevator, Pantry

Exterior & Structure

Property type
Condominium
Year built
1975
Stories
20
Lot size
0 sq ft
Roof
Concrete
Construction
CBSConcrete Block Structure, Block
Exterior features
Balcony, Storm Security Shutters
Pool
None, Association, Community, Heated
Spa
Community
Waterfront
Intracoastal Access
View
Intercoastal, Ocean, Water

Parking

Covered spaces
43
Parking features
Assigned, Covered, Detached, Garage, Guest

HOA, Community & Financials

Association fee
$2,069 Monthly
Fee inclusions
Association Management, Common Area Maintenance, Cable Tv, Pools, Reserve Fund, Security, Water
Amenities
Library, Management, Pool, Guard, Spa Hot Tub, Security, Elevators
Security
Building Security, Complex Fenced, Fire Alarm, Security Gate, Gated With Guard, Intercom, Phone Entry, Smoke Detectors, Security Guard
Pets allowed
No
Annual tax
$4,117
Subdivision
OLD PORT COVE CONDO FIVE
County
Palm Beach
Days on market
212
MLS listing ID
B26005760
Listing status
Active

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Pre-filled from this listing's price, HOA and tax record. Adjust anything to see returns update instantly.

Estimated monthly cash flow

-$1,861

Cap rate
3.1%
Net yield
3.1%
Cash-on-cash return
-9.1%
Gross yield
7.9%
Mortgage payment
$4,162/mo
Down payment
$219,500
Loan amount
$658,500
Annual NOI
$27,614

Estimates only — includes 5% maintenance reserve and ~3% closing costs in cash invested. Verify taxes, HOA and insurance before making an offer.