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Bean Group
Offered at $85,000Active
beds
2
baths
1
sq ft
729
Built
1973

1118 Lake Terrace #215

Boynton Beach, FL 33426

About this home

Wake up to peaceful lake views in this 2-bedroom, 1-bath, second-floor condo located in the desirable 55+ community of Palm Beach Leisureville. Select photos have been virtually staged to showcase the potential of this inviting waterfront residence. Offering a tranquil lakefront setting, this condo presents an opportunity for a new owner to update the kitchen, refresh the bathroom, and personalize the interior to suit their style. A new HVAC system and hot water tank will also be needed, allowing buyers to plan these improvements as part of their vision for the property. Residents enjoy access to three clubhouses, heated swimming pools, a fitness center, complimentary par-3 golf, and an active social calendar filled with clubs, activities, and community events. Conveniently located just minutes from shopping, dining, beaches, and I-95, this lakefront condo offers an opportunity to create your own Florida retreat in an established, amenity-rich community.

Listing last checked: Listing updated:

Listed by Calvin McDaniel · Calvin McDaniel Realty · MLS #B26089574

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Details at a glance

Interior4 property facts
Rooms
3
Heating
None
Cooling
None
Flooring
Ceramic Tile
Building5 property facts
Style
Condominium
Year built
1973
Parking
1
Foundation
Slab
Roof
Shingle
Land & utilities4 property facts
Lot size
0 acres
Water
Public
Sewer
Public Sewer
Zoning
R3
Financial3 property facts
Annual taxes
$776
Assessment year
2025
HOA fee
$482 (billing period not supplied)

Location

Estimated monthly cost

Explore costs at the $85,000 asking price. Adjust the assumptions to your situation.

Known monthly costs$494 / monthAdjust
Principal & interest
$430
Property tax
$65
Insurance
Not entered
HOA
Not entered

Listing annual taxes: $776. Initial monthly tax is one twelfth of that amount. Listing HOA fee: $482. The billing period was not supplied; confirm the monthly amount before adding it.

Partial estimate: add insurance, monthly HOA to include those costs. Blank amounts are unknown.

The initial 6.5% rate is illustrative, not a current rate or lender quote. Excludes utilities, maintenance, closing costs and mortgage insurance, which may apply with a down payment below 20%. Taxes and insurance can change.

More property insights

Comparable properties 3 supplied

Sold Jul 27, 2026

$90,000

2152 NE 1st Way #101

Sold Aug 30, 2026

$85,000

6 ABBEY Lane #206

Sold Aug 4, 2026

$78,100

552 NORMANDY L Lane #l

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About 1118 Lake Terrace #215

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