7 months on rocket

318 S Lake Dr, Lantana, FL, 33462

$5,195,000

5 Bedrooms
6 Full Baths, 1 Partial
5,244 SqFt
$991/SqFt
House
Schools Nearby

Location

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Property Highlights

Home TypeSingle Family Residence
Parking2+ Spaces, Drive - Circular, Drive - Decorative, Driveway, Garage - Attached
Attached Garage3 spaces
Year Built2003
HeatingCentral, Zoned
CoolingCeiling Fan(s), Central Air, Electric
WaterfrontSand, Intracoastal, Navigable Water, Ocean Access
FireplaceFireplace(s)
ViewIntracoastal, Pool
Private PoolYes
MLS #RX-10918202
StatusActive

About 318 S Lake Dr

Direct Intracoastal Mediterranean style waterfront home with a private dock, and fabulous views. Built in 2003 this home boasts over 7300 sq. ft., the living areas are 5244 sq. ft. 6 bedrooms, with 1 used as an office, and 6 1/2 baths. All impact glass windows, and doors, solid CBS construction, and a 3 car garage. Completely walled, with gated entry, and large parking area. The foyer entry is a 2 story atrium in design, with stone finished walls, and a beautiful marble staircase. The living area has all marble flooring. Gourmet kitchen with gas appliances, all facing the water, and opening to the great room. The 1st floor has 4 bedrooms, the master BR is on the 2nd floor, with a large mixed use game room/office with elevator access. 76 Ft, on the water, with ocean access and no bridges.

Property Details

Property Features

Property Information:

  • Architectural Style: Mediterranean
  • Year Built: 2003
  • Stories: 2
  • Living Area: 5,244 SqFt

Listing Office:

  • Office Name: The Corcoran Group
  • Office Phone: (561) 655-9081
  • Listing Agent: Donald Todorich

Interior Features

Interior Information:

  • Appliances: Automatic Garage Door Opener, Central Vacuum, Dishwasher, Disposal, Dryer, Ice Maker, Microwave, Gas Range, Refrigerator, Oven, Washer, Washer/Dryer Connection, Electric Water Heater
  • Flooring Type: Carpet, Ceramic Tile, Marble
  • Interior: Bar, Built-in Shelves, Closet Cabinets, Ctdrl/Vault Ceilings, Elevator, Fireplace(s), Foyer, Kitchen Island, Laundry Tub, Pantry, Roman Tub, Split Bedroom, Upstairs Living Area, Volume Ceiling, Walk-in Closet, Wet Bar
  • Fireplace: Fireplace(s)

Bedroom and Bathroom Information:

  • Partial Bathrooms: 1
  • Full Bathrooms: 6
  • Total Bedroom Count: 5

Exterior Features

Exterior Information:

  • Private Pool: Yes
  • Waterfront: Sand, Intracoastal, Navigable Water, Ocean Access
  • View: Intracoastal, Pool
  • Exterior: Built-in Grill, Covered Balcony, Covered Patio, Custom Lighting, Open Patio, Outdoor Shower, Summer Kitchen, Zoned Sprinkler

Parking Information:

  • Garage Space: 3 spaces
  • Attached Garage: Yes
  • Parking: 2+ Spaces, Drive - Circular, Drive - Decorative, Driveway, Garage - Attached

Virtual/3D Tour

  • Virtual Tour: 318 S Lake Dr

Virtual Tour

Lot Features

Lot Information:

  • Lot: Paved

Utilities

Utilities Information:

  • Heating: Central, Zoned
  • Cooling: Ceiling Fan(s), Central Air, Electric

School Info

Assigned Schools Information:

  • Lake Worth High School, Public Magnet Grades 9-12
  • Lantana Middle School, Public Magnet Grades 6-8
  • Lantana Elementary School, Public District Grades PK-5

Other

Directions Information:

  • Directions: South of Ocean Ave. on Lake Drive east of US 1.

Price Information

Listing Price Info

Price Summary:

  • List Price: $5,195,000
  • Price Per SqFt: $991/SqFt

Tax Information:

  • Annual Amount: $23,598
  • Tax Year: 2020
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Housing Market Comparison

See how this home compares to others in Lantana, FL.

Med. Sold Price

$385K

Med. Price/SqFt

$299

Avg. Days On Market

70

# of Sold Homes

17

318 S Lake Dr vs Lantana

228 DAYS ON ROCKET

+158 Days

$5,195,000

+$4.8M More

$991/SqFt

+$692 More

KEY TAKEAWAY

This property is $4.8M more than the Median Sold Price and $692/SqFt more than other homes in Lantana, FL.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Number: #RX-10918202

Listing Office:

  • Office Name: The Corcoran Group
  • Office Phone: (561) 655-9081
  • Listing Agent: Donald Todorich

IDXAll listings featuring the BMLS logo are provided by BeachesMLS, Inc. Copyright 2024 BeachesMLS, Inc.

This information is not verified for authenticity or accuracy and is not guaranteed. IDX information is provided exclusively for consumers’ personal, non-commercial use, that it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 4/24/2024, 8:25:16 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

Listing History

Mar 23, 2005Home Sold
$2,480,000
Oct 26, 2004Home Sold
$2,000,000

Tax History

YEARPROP. TAXASSESSMENT
2020$23,598$1,170,164
2019$23,289$1,143,855
2018$22,237$1,122,527
2017$22,002$1,099,439

History based on county public records data.

Payment Calculator

$25.9K

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$15.6K

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Schools

Schools Nearby

The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.

Elementary School

school-card-donut-98084
5
/10
  • Lantana Elementary School

  • 710 W Ocean Ave

  • 0.55 miles

  • Public District Grades PK-5

Middle School

school-card-donut-98085
3
/10
  • Lantana Middle School

  • 1225 W Drew St

  • 0.81 miles

  • Public Magnet Grades 6-8

High School

school-card-donut-98086
2
/10
  • Lake Worth High School

  • 1701 Lake Worth Rd

  • 2.46 miles

  • Public Magnet Grades 9-12

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $42,639. Typical income of Lantana, FL residents is less than $35k annually. The majority of families are single, no kids. Most residents in this area have post secondary degree education.

All data provided by Home Junction and Claritas

Frequently Asked Questions About 318 S Lake Dr

What is the listing price of this property?

The listing price of 318 S Lake Dr property is $5,195,000.

What type of property is this?

The property 318 S Lake Dr is a house located in Lantana, Florida, 33462.

Is this property for sale now?

Active Listing: 318 S Lake Dr is For Sale (Active/New) which means the seller is accepting offers.

What are the assigned schools for this property?

The assigned schools for 318 S Lake Dr are:
Lantana Elementary School: GreatSchools Rating 5/10
Lantana Middle School: GreatSchools Rating 3/10
Lake Worth High School: GreatSchools Rating 2/10

What is the annual property tax for this property?

According to the records, the last property tax for 2020 is $23,598 (source: MLS/based on county public records data).

When was this property sold last time and for how much?

The last sale was on March 23, 2005 for $2,480,000. (source: MLS/tax record).

How many bedrooms and bathrooms does this property have?

The property at 318 S Lake Dr has 5 bedrooms and 6 full and 1 half bathrooms.

What is the square footage of this property?

The property 318 S Lake Dr is 5,244 SqFt (source: MLS/tax record).

Which year was this property built?

The year of construction for 318 S Lake Dr is 2003.
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Rocket Homes›Florida›Palm Beach County›Lantana›33462›318 S Lake Dr

This home is located at 318 S Lake Dr in Lantana, FL and zip code 33462 in the East Ocean Ave. neighborhood. This 5,244 square foot home was built in 2003. Features: 5 bedrooms, 7 bathrooms. It has been listed on Rocket Homes since September 09, 2023 and is currently priced at $5,195,000.

Lantana, FL housing market in March 2024 saw over 2 listings sold above listed price, more than 1 sold at listed price and over 14 sold below. The inventory of homes for sale in Lantana, FL between February 2024 and March 2024 increased by 14%. In March 2024 median list price was $385,000 and the average listing age was 70 days.

From Rocket Homes Real Estate and based on county public records data.

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