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$270,000

Beds
2
Baths
2.0
sq ft
1,111

1050 Lake Shore Dr Unit 105, West Palm Beach, FL 33403

1050 Lake Shore Dr Unit 105

Lake Park, FL 33403

  • 3 days on market
Waterfront living priced to Sell! Move into this beautiful 2-bedroom, 2-bath, two-story home with two assigned parking spaces, nestled in the tranquil Bay Reach Condominiums--a true slice of paradise.Enjoy stunning Intracoastal Waterway views from your living room, private balcony, and the resort-style pool, which features a grill area, private beach (with real sand!), and a gym. Inside, you'll find a newly renovated modern kitchen with brand-new appliances and cabinetry. The split-bedroom floorplan ensures ultimate privacy, with one bedroom on the first floor and the master suite upstairs. Love boating? If slips are available, you can rent directly from slip owners and dock your boat just steps from home.A hidden gem in Lake Park, offering waterfront living at its finest.

Details

Property type

Condominium

Est. home value

$289,409

Lot size

Unknown

Price per sq ft

$244

Year built

1989

Annual property taxes

$5,406

Monthly HOA fee

$783

Price History

03/13/2025
Beaches

Beaches #R11071097

Listed
$270,000
-3.57%
05/08/2023
Beaches

Beaches #R10873670

Sold
$280,000
+60%
11/01/2018
Beaches

Beaches #R10376505

Sold
$175,000
-10.03%

Schools & Community

Elementary school: 

Lake Park

Middle school: 

Howell L. Watkins

High school: 

Palm Beach Gardens

Community features: 

Pool, Clubhouse, Gated, Park, Sidewalks

Number of units in community: 

220

Negotiation Insights

Before you make an offer, understand who you are negotiating with so you can tailor your negotiation strategy to their situation.

Seller could get up to

-$11,914
Asking price
$270,000
Closing costs (~8% of asking)
-$21,600
Est. remaining loan balance
-$260,314
Cash to seller
-$11,914

This is an estimate of how much the seller could receive at closing after paying off the outstanding mortgage.

Seller’s Loan History

Lender

Crosscountry Mortgage Llc

Loan start date

May 2023

Original loan amount

$266,000

Est. remaining balance

$260,314

Interest rate

6.42%

Loan type

New Conventional, 30 year

Seller

Kevin Delaney

Source: Public records data

If you're the owner, you can request to remove loan details. Email listingsupport@tomo.com

How insights can help you

Interest rate

If the seller has a low interest rate, they may be tempted to rent the property out if they can't get the price they have in mind.

Motivation

If the seller already got a job in a different city, they may feel pressure to sell quickly to free up cash for a new home.

Equity

If the seller stands to receive a large amount of cash when they sell the property, they might be willing to negotiate on the offer price.

Interested in learning more?

Status: Active

Tomo last checked: 03/17/2025 at 11:05 AM

Listing updated: 03/14/2025 at 2:57 PM

Listed by: Sandro Marcel Herrera, Three Palms Realty Phone #: (561) 316-8711

MLS: Beaches #R11071097

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