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.
Property Features
Bedrooms
- Bedrooms: 3
- Bedrooms On Main Level: 3
- Primary Bedroom Level: M
- Bedroom 2 Level: M
- Bedroom 3 Level: M
- Bedroom 2 Features: approximate
- Bedroom 3 Features: APPROX.
Bathrooms
- Total Bathrooms: 2 / 1
- Full Bathrooms: 2
- 1/2 Bathrooms: 1
- Bathrooms On Main Level: 2
- Primary Bathroom Features: Dual Sinks, Separate Shower, Separate Tub
Interior Features
- Bar
- Closet Cabinets
- Split Bedroom
- Walk-in Closet
- Furnished Description: Unfurnished
- Flooring: Carpet, Ceramic Tile
Appliances
- Dishwasher
- Dryer
- Fire Alarm
- Microwave
- Refrigerator
- Smoke Detector
- Washer
- Water Heater - Elec
- Laundry Features: Washer and Dryer
Other Rooms
- Storage
- Living Room Level: M
- Exercise Room: Yes
Heating and Cooling
- Cooling Features: Electric
- Heating Features: Central, Electric
Kitchen and Dining
Exterior and Lot Features
- Open Patio
- Wrap-Around Balcony
- Patio And Porch Features: Porch Remarks: Balcony
Waterfront and Water Access
Pool and Spa
- Spa Features: Heated, In Ground
Garage and Parking
- Carport Features: 1.00
- Covered Spaces: 1
- Parking Features: Assigned, Covered
Land Info
- Lot Description: East of US-1, Sidewalks
Home Features
- View: Golf, Intracoastal, Marina, Ocean
- Security Features: Gate - Manned, Lobby
Homeowners Association
- Association: Yes
- Association Amenities: Cable, Common Areas, Common R.E. Tax, Elevator, Lawn Care, Maintenance-Exterior, Management Fees, Parking, Security, Water
- Association Fee: 1645
- Association Fee Amenities: Boating, Cafe/Restaurant, Clubhouse, Community Room, Elevator, Fitness Center, Lobby, Manager on Site, Pool, Spa-Hot Tub
- Calculated Total Monthly Association Fees: 1645
- Association Name: Mandatory
- Pets Allowed: No
- Senior Community: Yes
Multi-Unit Info
Amenities and Community Features
- Community Features: Gated Community:
Rental Info
Other Property Info
- Annual Tax Amount: 14148.00
- Source Listing Status: Active
- County: Palm Beach
- Directions: US HIGHWAY 1 SOUTH OF PGA
- Tax Year: 2023
- Restrictions: Commercial Vehicles Prohibited
- Source Property Type: Residential
- Area: 5250
- List Development Name: Old Port Cove
- Property Subtype: condo
- Source Neighborhood: OLD PORT COVE TOWER WEST CONDO
- Subdivision: OLD PORT COVE TOWER WEST CONDO
- Zoning: R3
- Property Subtype: Condo/Coop
- Source System Name: C2C
Building and Construction
- Total Square Feet Living: 2478
- Year Built: 1980
- Construction Materials: CBS
- Direction Faces: East
- Entry Level: 15
- Living Area Source: Tax Rolls
- Property Age: 44
- Property Condition: Resale
- Levels or Stories: 22.00
- Total Area Sqft: 2478
- Year Built Details: Resale
- Elevator: Yes
Accessibility Features
Utilities
