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1202 S Lake Drive # 105, Lantana FL 33462

Condo/Co-op For Sale
$295,000

BTC: 4.75806452

ETH: 175.31348428

4 days
Waterfront
2 bds
2 ba
1,351 sqft

Overview

Welcome to waterfront living at its finest in Hidden Banyan, a boutique Intracoastal community of just 24 residences tucked away in the heart of Lantana. This beautifully renovated first-floor corner unit offers 2 bedrooms, 2 bathrooms, and an expanded L-shaped patio offering water views, combining coastal charm with modern updates in a peaceful, private setting. Upon entering the secure building, you'll be greeted by a tranquil courtyard, complete with mature and tropical landscaping. Inside, the light-filled corner residence benefits from an abundance of windows, creating a bright and inviting atmosphere. The thoughtfully updated kitchen features rich wood cabinetry, granite countertops, stainless steel appliances, and a convenient breakfast bar that seamlessly connects the kitchen to the dining and living areas—perfect for both everyday living and entertaining. There is also a coordinating built-in bar complete with wine cooler and storage. This spacious floor plan offers comfortable living spaces, well-appointed bedrooms and updated bathrooms, and the convenience of an in-unit washer and dryer. Two assigned parking spaces, bike storage, and an additional private storage room provide exceptional practicality rarely found in condo living. Hidden Banyan residents enjoy an impressive collection of waterfront amenities, including a heated Intracoastal-front pool, expansive furnished pool deck, barbecue area, restroom facilities, kayak access, and a private fishing and observation pier extending into the water. Relax at the end of the dock while enjoying spectacular sunsets, cooling coastal breezes, and endless million-dollar water views. This pet-friendly, all-ages community is ideally located just one mile from Lantana Beach, making it easy to walk, bike, or take a short drive to the ocean. Popular waterfront dining destinations, including the renowned Old Key Lime House, along with local cafés, shopping, and entertainment are all nearby. Outdoor enthusiasts will appreciate free access to tennis and pickleball courts at the nearby Lantana Recreation Center. The condominium offers excellent ownership value with HOA fees covering water, sewer, trash removal, landscaping, pool maintenance, roof maintenance, elevator service, reserve funding, and building insurance. Investors will appreciate the flexible leasing policy, allowing rentals up to twice per year with a minimum three-month lease term and no waiting period to lease. Whether you're seeking a year-round residence, seasonal retreat, or investment opportunity, this exceptional waterfront condo delivers the perfect combination of location, lifestyle, and value in one of Lantana's best-kept hidden gems.

Location

Details

Type:
Residential
Parking:
2 Or More Spaces / Assigned / Guest / No Boats / No Rv/Boats
Year Built:
1980
Lot:
No Data
Heating:
Central / Electric
Price/sqft:
$218
Cooling:
Ceiling Fan(s) / Central Air / Electric
HOA:
$1,094

Valuation

Our model vs. what's actually selling nearby.
Estimate
$537,499
$269K – $1.3M
Confidence Low
List vs. estimate
$242K below estimate
List $295,000 · -45.1%
Our model says this listing is priced below recent comparable activity. Expect competition.
Price per sq ft
$218
-12.9% vs. city median $250
Based on
16 MLS comparables
+ 30 public-records sales within 0.5 mi
Median actual sale: $450K
Median of recent comparable listings. Sold comps use closing price, active listings use list price.

Highlights

Annual tax
$3,499
2025
HOA
$1,094/mo
Pool
Community
View
Intracoastal View, Water
Waterfront
Intracoastal Front
Parking
2 spaces
Furnished
Furniture For Sale,Furniture Negotiable
Pets
Allowed
All facts and features
  • Heating

    • Central

    • Electric

    Cooling

    • Ceiling Fan(s)

    • Central Air

    • Electric

    Appliances

    • Electric Water Heater

    • Dishwasher

    • Disposal

    • Dryer

    • Microwave

    • Electric Range

    • Refrigerator

    • Washer

    Other interior features

    • Bar

    • Built-in Features

    • Pantry

    • Split Bedroom

    • Walk-In Closet(s)

    • Storage

    Bedrooms and bathrooms

    • Bedrooms: 2

    • Full bathrooms: 2

  • Parking

    • 2 Or More Spaces

    • Assigned

    • Guest

    • No Boats

    • No Rv/Boats

    Property

    • Levels: 1

    • Pool Private: Yes

    Other Property Information

    • Parcel Number: 40434503300001050

    • Zoning: R15 (city)

  • Type and style

    • Property Type: Residential

    • Property Sub Type: Condominium

  • Utility

    • Sewer Connected

    • Water Connected

    • Sewer Available

    • Water Available

  • Other financial information

    • HOA: $1,094

    • HOA Frequency: Monthly

    • Annual tax amount: $3,499

  • Source details

    • MLS ID: B26037294

    Other facts

    • Construction Materials: CBS Construction

    • Patio And Porch Features: Patio

    • Pool Features: Community

    • Window Features: Complete Accordian Shutters / Plantation Shutters / Sliding

    • Direction Faces: East

    • Other Structures: Livable

    • Architectural Style: Corner Unit / One Story

    • Waterfront: Yes

    • Living Area: 1351

    • Water Source: Public

    • Subdivision Name: HIDDEN BANYAN CONDO,HIDDEN BANYAN

Private inquiry
Talk to the advisor on this listing.
Floor plans, HOA docs, off-market comparables, scheduling a private showing — one message, direct to the local specialist.

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The multiple listing information is provided by the Miami Association of REALTORS® from a copyrighted compilation of listings. The compilation of listings and each individual listing are ©2026-present Miami Association of REALTORS®. All Rights Reserved. The information provided is for consumers' personal, noncommercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. All properties are subject to prior sale or withdrawal. All information provided is deemed reliable but is not guaranteed accurate, and should be independently verified. Listing courtesy of: RE/MAX Services