Home » Properties » 1117 Lake Terrace # 105, Boynton Beach FL 33426

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Charming 1-Bedroom Condo at 1117 Lake Terrace #105

Well-maintained 1-bedroom, 1-bath condo in Boynton Beach with private backyard and updated flooring. Tenant occupied until 2026.

$109,000

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MLS #R11077418

Listing Updated: 2026-07-16 12:45:37

Listed By: Mega Real Estate Services

Overview

This first-floor condominium at 1117 Lake Terrace #105 offers a comfortable living space with 675 sqft, featuring a walk-in closet and a spacious great room. Built in 1973, the unit has been nicely updated with newer flooring and includes accordion shutters for added security. The private backyard provides a peaceful outdoor retreat. Located in Boynton Beach, FL, this property combines convenience with a quiet residential setting. Currently tenant-occupied until May 2026, the unit may become available sooner with notice, making it suitable for buyers seeking a residence or rental opportunity.

Property Highlights

First-floor unit, 1 bedroom, 1 bathroom, private backyard, updated flooring, walk-in closet, accordion shutters, tenant occupied until 2026, assigned parking.

Property Details

City: Boynton Beach

State: FL

Zip Code: 33426

Address: 1117 Lake Terrace # 105, Boynton Beach FL 33426

Year Built: 1973

Property Type: Residential

Property Sub Type: Condominium

Listing Office Name: Mega Real Estate Services

County: Palm Beach County

Garage Spaces:

Parking Features: Assigned

Interior Features: Walk-In Closet(s), Great Room

Exterior Features: Exterior Cat Walk

Waterfront: No

Pool: Yes

HOA Fee: $472

Annual Tax: $2,312

Days On Market: 455 Days

Original Listing Description

Great opportunity to own this first floor unit, nicely redone. Private backyard, accordion shutters, newer flooring, tenant occupied till 5-31-2026 but may move out sooner with notice.

Property Location

Explore the surrounding area, nearby amenities, and neighborhood access for this property.

1117 Lake Terrace # 105, Boynton Beach FL 33426

About This Neighborhood

Situated in Boynton Beach, this condo benefits from a peaceful residential environment with easy access to local amenities. The neighborhood is known for its community feel and proximity to shopping, dining, and recreational options. Residents enjoy a balance of tranquility and convenience, with nearby parks and waterfront areas enhancing lifestyle opportunities. The location supports a variety of daily needs and leisure activities, making it a practical choice for diverse buyers.

Walkability & Lifestyle

The condo's location supports a walkable lifestyle with nearby shopping centers, dining establishments, and parks within easy reach. Residents can enjoy casual strolls to local amenities and waterfront areas, enhancing daily convenience. The neighborhood's layout encourages pedestrian activity, contributing to a balanced and accessible living experience. Proximity to public transportation options further supports mobility without reliance on a vehicle.

Things To Do Nearby

Boynton Beach offers diverse recreational and lifestyle activities, including waterfront parks, boating, golf courses, and cultural venues. Residents can explore local dining, shopping, and entertainment options that cater to various interests. Outdoor enthusiasts benefit from nearby beaches and marinas, while community events add vibrancy to the area. This variety makes the location appealing for those seeking an active and engaging lifestyle.

Nearby Schools

Boynton Beach offers access to a variety of educational institutions suitable for families and individuals. The neighborhood's schools provide convenient options for quality education within reasonable distances. This accessibility supports family-oriented buyers and contributes to the community's overall appeal. Educational facilities are complemented by local resources that foster a supportive learning environment.

Why Buyers Like This Area

Buyers appreciate this area for its blend of residential calm and convenient access to amenities. The community atmosphere, combined with proximity to shopping, dining, and outdoor spaces, creates a desirable living environment. The condo's features, such as a private backyard and updated interior, align with buyer preferences for comfort and functionality. Accessibility to transportation and local services further enhances the appeal for diverse buyer profiles.

Investment Potential

This Boynton Beach condo offers potential appeal for buyers interested in a well-maintained property with tenant occupancy. Its location in a residential neighborhood supports steady demand for rental or personal use. The private backyard and updated interior features enhance its usability and attractiveness. While tenant-occupied until 2026, the unit may become available earlier, providing flexibility for owners. The property's size and amenities align with market preferences for comfortable, manageable living spaces in the area.

Market Trends

Boynton Beach's real estate market continues to attract buyers seeking affordable and well-located condominiums. Demand remains steady for properties that offer practical living spaces and access to community amenities. Inventory levels support a balanced market, providing options without excessive competition. This condo's features and location align with current buyer interests, reflecting broader trends toward accessible, comfortable homes in established neighborhoods.

Rental Income Potential

The property's tenant occupancy until 2026 indicates ongoing rental interest in the area. Boynton Beach's rental market benefits from seasonal demand and a steady flow of residents seeking convenient housing. The condo's size and amenities suit a range of renters, from singles to couples. Its location near community services and recreational areas enhances rental appeal. Prospective owners should consider tenant terms and local market conditions when evaluating rental potential.