1201 S Riverside Dr

A low-rise waterfront condominium complex built in 1963 with four stories and predominantly one-bedroom residences. The structure occupies a point lot at the wide end of Lake Santa Barbara where it meets the Intracoastal, producing broad water exposures from many homes. Architecturally the property is a midcentury coastal block building with private balconies, large sliding glass doors, and impact-rated windows and doors installed in many units. Interiors typically feature open living/dining plans, eat-in kitchens or islands, tile or wood-look flooring, practical built-in storage and first-floor entry layouts; some units include expanded laundry rooms, Murphy beds or custom cabinetry from later renovations. Grounds and shared spaces emphasize outdoor living: a heated waterfront pool with sundeck, landscaped patios, barbecue and seating areas, and direct access to boating views. Parking and storage are provided on-site; elevator access exists despite the low-rise scale. Pet and rental policies vary by unit but the community commonly permits seasonal rentals and maintains relatively modest HOA fees compared with nearby waterfront peers. The location is highly walkable — two blocks to the beach, close to the pier, restaurants, shopping and local transit — offering a relaxed South Florida coastal lifestyle centered on water views and outdoor recreation.