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Pedro Casanova

| The KREN Group | Keller Williams Premier Properties | PLACE

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220 Lake Shore Drive 1205 , Lake Park, FL 33403
$1,200,000
Est. Payment: $2,666.67/mo
2 Bed
2.5 Bath
1511 Sqft
Status: Active | Days on site: 174
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FLL276684049 - FLL276543963,FLL276656922
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House Description

FULLY FURNISHED AND LEASED THROUGH MAY 31, 2027. A compelling turnkey opportunity for a buyer seeking immediate rental income and future personal enjoyment at Nautilus 220. Residence N-1205 is a highly customized 12th-floor residence offered fully furnished, allowing the next owner to acquire a beautifully completed home with an established tenant already in place. Its desirable northeast exposure, floor-to-ceiling glass and private covered balcony capture abundant natural light, ocean breezes and Intracoastal, marina, ocean and city views. This sophisticated two-bedroom, two-and-one-half-bath home features open-concept living and dining spaces along with a remarkable custom-engineered switchable privacy-glass wall separating the primary suite from the living area. At the touch of a... ...button, the glass changes from transparent to opaque—providing water views from the comfort of bed and complete privacy whenever desired. Additional enhancements include a newly installed double pantry, an added primary-bedroom closet and an assigned parking space with an electric-vehicle charging station. Nautilus 220 offers an exceptional waterfront lifestyle with a private marina featuring 100 deep-water slips, a waterfront promenade, private beach-club access on Singer Island, beach-entry and rooftop lap pools, cabanas, spa, fitness and wellness facilities, golf and sports simulator, bowling lounge, theater, poker and billiards rooms, music and podcast studio, resident pavilion and more. Valet, concierge and package-porter services provide effortless convenience, while SeaHawk Prime by celebrity chef David Burke and an onsite café bring waterfront dining directly to the community. Priced at $1,200,000, Residence N-1205 presents an exceptional opportunity to acquire a fully furnished, highly customized luxury residence with an existing tenant and lease in place through May 31, 2027. Enjoy income from day one, followed by the flexibility to retain the property as an investment or make it your own Palm Beach retreat when the lease concludes. Sale is subject to the existing lease.

Highlights

Listed by Edward Zakarian , 561-847-0380 and Liza Revelo , 561-568-1745 Raya , 561-339-6555.

Property Type

Condo/Townhome

HOA Fee

5189 Quarterly

Year Built

2025

County

Palm Beach

Area

5270

Neighborhood

Nautilus 220 Condo

Listing ID

B26003141

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Interior Features

Bedrooms and Bathrooms
  • Bedrooms:2
  • Bathrooms:2.5
  • Full Bathrooms:2
  • 1/2 Bathrooms:1
Appliances:Built-In Oven, Dryer, Dishwasher, Electric Range, Electric Water Heater, Microwave, Refrigerator, Self Cleaning Oven, Wine Cooler, Washer
Air Cond:Central Air,Electric
Fireplaces:
Floor:Ceramic Tile,Tile
Other:
  • Additional:Bathtub, Dual Sinks, Family/Dining Room, Kitchen Island, Living/Dining Room, Main Living Area Entry Level, Split Bedrooms, Shower Only, Walk-In Closet(s), Elevator, Pantry
Water:Public

Exterior Features

Lot:Sprinklers Automatic,Buyer Approval Required
Garage Capacity:1
Zoning:R2A(ci
Roof:Built-Up
Others:
  • Additional:Balcony, Barbecue, Courtyard
Sewer:Not Connected (at lot),Public Sewer,Other
Parking Features:Assigned,Attached,Covered,Underground,Electric Vehicle Charging Station(s),Garage,Guest,One Space,Valet
Principal Interest
$2,667
Taxes
$765
HOA
$5,189

Home Price

$1,200,000

Loan Details

30 yrs
%

Down Payment

20%
$240,000
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Monthly Price:
$2,666.67

Principal

Taxes

HOA

Principal Taxes HOA Total
Monthly $2,666.67 $765.00 $5,189.00 $8,620.67
Yearly $32,000.00 $9,180.00 $62,268.00 $103,448.00
Total $960,000.00 $275,400.00 $1,868,040.00 $3,103,440.00

Today's Rates

30 Year

0%

20 Year

0%

15 Year

0%

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Market insight data is pulled from the same city as the listing being viewed (Lake Park, FL).

The schools listed are within a 2-mile radius of the property; however, attendance is not guaranteed. Please contact the local school district to confirm zoning and enrollment options.