$500,000
Sold · September 17, 2025
1206 S Lake Drive
Explore the area: Lantana homes for sale · Palm Beach County real estate
Sale Summary
What this home sold for
- Sold price
- $500,000
- Vs. list price
- 2.9% under
- Days on market
- 125
- Price per sq ft
- $474
This 2-bedroom condo in ZIP 33462 sold for $500,000 on September 17, 2025. That was 2.9% below its final list price of $515,000. It first came on the market at $550,000, so the price was adjusted before it sold. It spent 125 days on the market. At $474 per square foot, it closed 200% above the $158 median of the 3 other condo sales in the recent closings shown below.
Listing Snapshot
- Sold Price
- $500,000
- Sold On
- September 17, 2025
- Days on Site
- 125 Days
- Bedrooms
- 2
- Total Baths
- 2
- Full Baths
- 2
- Partial Baths
- 0
- Living Area
- 1,054 sqft
- Total Sq Ft
- 1,054 sqft
- Year Built
- 1975
- Property Type
- Condo
- MLS #
- R11080404
- Property Tax
- $2,965 (2024)
- HOA Fees
- $583
- Subdivision
- JAMES PLACE CONDO
- County
- Palm Beach
- Status
- Sold
- Special Conditions
- Listed As Is
About This Property
Experience premier waterfront living in this impeccably renovated 2-bedroom, 2-bathroom Intracoastal condo, complete with a boat slip and unobstructed ocean access with no fixed bridges. A rare offering, this third-floor residence delivers breathtaking water views and a lifestyle tailored for boating enthusiasts, right from your doorstep. Fully furnished and move-in ready, this exceptional home was extensively upgraded in 2023 with modern finishes and coastal-inspired design. Highlights include a fully renovated kitchen featuring quartz countertops, soft-close solid wood shaker cabinetry, farmhouse sink, stainless steel appliances, and a wine fridge. The open-concept living area is enhanced by new wood-look tile flooring, upgraded trim, recessed LED lighting, and expansive impact sliding glass doors that open to a spacious wraparound balcony, perfect for savoring the sunrise and coastal breeze. The primary suite, accessed through newly added French doors, offers a serene retreat with an elegant en-suite bathroom showcasing a dual-sink vanity, frameless glass walk-in shower with floor-to-ceiling tile, and designer fixtures. The guest bedroom is generously sized with recessed lighting and ample closet space. The second bathroom has also been beautifully updated with a subway-tiled tub/shower combination and sleek modern finishes. Additional upgrades include new impact windows and doors, brand-new A/C, tankless water heater, remote-controlled privacy blinds, and a 10,000 lb-rated boat lift installed in 2025 with a transferable warranty. Boaters will also appreciate the slip's water and electric access, covered by the COA. A 2015 Sea Hunt Gamefish 27 with twin 200HP motors is also available for purchase at $120,000. James Place offers a host of amenities, including a heated pool, sauna, fishing pier, laundry facilities on each floor with designated usage days, assigned and guest parking, and a secure mail room. Situated on a quiet, private street in a well-maintained, self-managed building with low COA fees, the community covers exterior building insurance, water, sewer, common area maintenance, and amenities. Just minutes to the open ocean and close to local waterfront favorites like Beer Can Island, Banana Boat, Two Georges, and Deck 84, this residence is truly a boater's paradise. Whether you're seeking a full-time waterfront home or a seasonal escape, this turn-key condo offers an unparalleled blend of luxury, comfort, and location.
Virtual TourGeneral Features
- Property Type
- Condo
- Status
- Sold
- Year Built
- 1975
- Property Condition
- Resale
- Number of Stories
- 5
- Garage Spaces
- 0
- Parking
- Assigned / Guest
- Direction Faces
- West
- Living Sq Ft
- 1,054
- Total Sq Ft
- 1,054
- Sewer
- Public Sewer
- Water Source
- Public
- Zoning
- R15(ci
Interior Features
- Appliances
- Dishwasher / Electric Range / Electric Water Heater / Microwave / Refrigerator
- Cooling
- Central Air / Electric
- Heating
- Central / Electric
- Interior Features
- Dual Sinks / Kitchen Dining Combo / Split Bedrooms / Storage / Separate Shower
- Windows
- Blinds / Sliding / Storm Windows
- Main Level Bedrooms
- 2
- Main Level Baths
- 2
- Total Rooms
- 6
- Furnished
- Furnished
Exterior Features
- Construction
- Block / Concrete
- Roof
- Composition / Rolled Hot Mop
- Exterior Features
- Balcony / Outdoor Living Area
- Pool Features
- Association
- Patio & Porch
- Covered / Open / Wrap Around / Balcony
- Waterfront Features
- Intracoastal Access / Navigable Water / No Fixed Bridges / Ocean Access
- View
- Intercoastal
Community & HOA
- HOA Fee
- $583
- HOA Includes
- Common Areas / Insurance / Maintenance Grounds / Sewer / Trash / Water
- Association Amenities
- Boating / Laundry / Pool / Parking / Sauna / Storage / Elevators
- Community Features
- Boat Facilities
- Security
- Security System / Closed Circuit Cameras / Phone Entry / Smoke Detectors
- Utilities
- Cable Available / Sewer Available / Water Available
- Pets Allowed
- Pet Restrictions / Size Limit / Yes
- Financing Terms
- Cash / Conventional / FHA / Va Loan
- Restrictions
- Buyer Approval Required / Rental Restriction
- MLS Area
- 5640
About the Community
James Place Condo is a gated, waterfront community in Lantana, Palm Beach County, Florida. Active listings are priced from $365,000 to $699,000. Homes were built starting 1975. Pure Equity lists homes in James Place and represents buyers. Commission is negotiable, and what we are paid is agreed with you in writing before you commit to anything.
- Homes for Sale
- 0
Frequently Asked Questions
- How do I schedule a tour of 1206 S Lake Drive, 304, Lantana, FL 33462?
- Use the Tour button on this listing to request a showing of 1206 S Lake Drive, 304, Lantana, FL 33462. Pick a day and time and choose an in-person or video-chat tour, and a Pure Equity agent will confirm your visit, often the same day.
- Is 1206 S Lake Drive, 304, Lantana, FL 33462 still available?
- 1206 S Lake Drive, 304, Lantana, FL 33462 is currently listed as Sold, and has been on the market 125 days. Status updates directly from the MLS as homes go under contract, so ask us to confirm availability before you plan a visit.
- How much is the monthly payment for 1206 S Lake Drive, 304, Lantana, FL 33462?
- With 20% down ($103,000) on the $515,000 list price and a 30-year fixed loan at an illustrative 6.875% rate, the estimated principal & interest for 1206 S Lake Drive, 304, Lantana, FL 33462 is about $2,707/mo, before property taxes, insurance, and HOA dues. Use the payment estimate on this page to adjust the down payment and rate.
- How do I get pre-approved to buy 1206 S Lake Drive, 304, Lantana, FL 33462?
- Getting pre-approved shows sellers you're a serious buyer and clarifies your true budget before you offer on 1206 S Lake Drive, 304, Lantana, FL 33462. Contact Pure Equity and we'll connect you with a trusted local lender to review your financing options, no obligation.
- Does 1206 S Lake Drive, 304, Lantana, FL 33462 have an HOA fee?
- Yes: 1206 S Lake Drive, 304, Lantana, FL 33462 carries an HOA fee of about $583 monthly. HOA dues usually cover community amenities and shared maintenance; ask us for the current budget, rules, and exactly what's included.
- Can I negotiate the price of 1206 S Lake Drive, 304, Lantana, FL 33462?
- Often, yes. The right offer on 1206 S Lake Drive, 304, Lantana, FL 33462 depends on how it's priced against comparable condo sales in Lantana, how long it's been listed, and how motivated the seller is. Pure Equity will run the comps and help you craft a competitive, well-supported offer.
Listing courtesy of RE/MAX Direct
Listing information is provided by BeachesMLS, Inc.and is deemed reliable but not guaranteed accurate by the MLS or Pure Equity. Information is for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties. © 2026 BeachesMLS, Inc. Last updated July 1, 2026.
$500,000
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Listed by Brett A Colby, RE/MAX Direct
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Recent Sales
Recently sold homes in ZIP 33462
These are the last 6 recorded closings in ZIP 33462, with the price each home actually sold for rather than what it was listed at. They closed at a median of $223 per square foot. The most recent closed on October 6, 2026. Closed sales are what an appraiser and a buyer's agent will look at, so they are the starting point for pricing a home here.
Sold$565,000
Sold · October 6, 2026
4065 Tomoka Drive
4 bed · 2 bath · 1,710 sqft · $330/sqft
$15,000 over the asking price
Sold$95,000
Sold · October 5, 2026
4237 4th Court
3 bed · 2 bath
$29,999 under the asking price
Sold$375,000
Sold · October 5, 2026
739 S 12th Street
3 bed · 2 bath · 1,684 sqft · $223/sqft
Sold$390,000
Sold · October 2, 2026
110 Yacht Club Way 105
2 bed · 2 bath · 1,036 sqft · $376/sqft
$5,000 under the asking price
Sold$189,900
Sold · October 1, 2026
169 Atlantis Boulevard 302
2 bed · 2 bath · 1,200 sqft · $158/sqft
Sold$135,000
Sold · October 1, 2026
7205 W OAKRIDGE Circle
1 bed · 1.5 bath · 1,100 sqft · $123/sqft
$4,900 under the asking price
See every recorded sale in ZIP 33462 or find out what your ZIP 33462 home is worth.
