Atlantic Luxury Advisors
220 Lake Shore #1205 photo 1220 Lake Shore #1205 photo 2220 Lake Shore #1205 photo 3220 Lake Shore #1205 photo 4220 Lake Shore #1205 photo 5

76 photos

220 Lake Shore #1205

Lake Park, FL 33403

$1,200,000
2
2.5
1,511 sq ft
2025
1 car
Condominium
$1,730/mo
Yes
Yes
174
Active

Listing courtesy of Raya (Edward Zakarian). Contact: [email protected].

About this home

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.

What it costs to own
Estimated monthly payment
$10,238/mo
Principal and interest
$6,068
Property tax
$1,690
Homeowners insurance
$750
HOA
$1,730

An estimate, not a loan offer. The rate and insurance are assumptions to edit with your own quotes; Florida insurance varies widely by age, construction and distance to the coast. Flood insurance and PMI are not included.

Florida cost of ownership
Estimated property tax
$20,274/yr

Estimate: the price times the Palm Beach County average total millage (17.49 mills, Florida Department of Revenue, 2025 average total millage by county), less the homestead exemptions. The actual bill depends on the city, the assessed value and special assessments. Save Our Homes then caps annual assessment increases at 3% or inflation, whichever is lower.

HOA
$1,730/mo (from the listing)
FEMA flood zone
Zone AE, special flood hazard area

Inside the 1% annual chance floodplain. Lenders require flood insurance on a financed home; ask for the elevation certificate.

Hurricane evacuation zone
Zone C: ordered to evacuate for Category 2 hurricanes and stronger.

Sources: FEMA National Flood Hazard Layer and the Florida Division of Emergency Management evacuation zones, looked up at the listing point. Confirm with an elevation certificate and your insurer.

Location

Listing data provided by the Southeast Florida Multiple Listing Service (MIAMI REALTORS®). The data is deemed reliable but is not guaranteed accurate by the MLS. IDX information is provided exclusively for consumers' personal, non-commercial use, may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing, and is deemed reliable but is not guaranteed accurate by the MLS. Atlantic Luxury Advisors is a real estate team at Keller Williams Realty. Payment, tax and flood figures on this page are estimates by Atlantic Luxury Advisors, not MLS data.