Old Port Cove Condo One, also known as The Admiralty, is a 1971-built waterfront condominium marketed as twin 12-story towers at 1200 and 1208 Marine Way in North Palm Beach, with 187 units combined per official state records. It sits within the larger Old Port Cove marina community bordering the Intracoastal Waterway, near Palm Beach Gardens and North Palm Beach's Frenchman's Creek and Lost Tree Village areas. Units are mostly 2-bedroom layouts, and the building offers a marina, tennis court, sauna, and doorman service.
This building is in our statewide file. When you order, we run a fresh scan across 14 risk categories — inspections, assessments, structural condition, litigation, insurance and more. Your report shows what public records revealed, and just as important, what they couldn't — so you know exactly what to verify before you make an offer. Delivered within 24 hours.
Get the full Intelligence Report — $9.99Recent listings at Old Port Cove Condo One (The Admiralty) range around $209,000-$350,000, with about 3 units actively for sale as of the last research date.
Publicly reported pet policy: No pets allowed. Confirm current rules with the association before purchasing.
Old Port Cove Condo One (The Admiralty) was built in approximately 1971 and rises 12 floors with 187 units.
Florida condominiums of this age are subject to milestone inspection and structural reserve requirements. Our Intelligence Report covers what official city and county records show for this building, and what remains for a buyer to verify with the association.
When you buy into a condo building that's 15 or more years old — anywhere in the US — you should expect by default that an assessment, or several, is in effect or on the way: roof repairs, elevator replacement, repaving, facade work. Buildings age on a schedule, and the bill lands on the owners: often hundreds of dollars a month on top of your mortgage, HOA fee, taxes, and insurance. The unit listing rarely mentions any of it.
In Florida, the stakes for older buildings are higher still. Since the 2021 Surfside tragedy, state law requires milestone structural inspections at 30 years (25 in some coastal areas), Structural Integrity Reserve Studies, and — critically — bars associations from waiving reserve funding for structural components, ending decades of artificially low fees. Add the state's insurance surge, and many older buildings carry obligations that never appear in a listing. None of this makes an older building a bad purchase — but the difference between a well-run 1970s tower and a struggling one can be tens of thousands of dollars per unit. That's the question our building intelligence answers.