tomo logo

$285,000

Beds
2
Baths
2.0
sq ft
1,206

1050 Lake Shore Dr Unit 202, West Palm Beach, FL 33403

1050 Lake Shore Dr Unit 202

Lake Park, FL 33403

  • 143 days on market
    • Price drop $14,000↓
Updated condo in gated, waterfront, community of Bay Reach. Conveniently located just east of US-1 and close to an array of beaches, shopping, golf and restaurants. This 2-bedroom condo features high ceilings and a fresh paint job making it feel light and bright. Value-add items include full hurricane impact glass, updated kitchen, updated bathrooms, 2022 air-conditioner, and tasteful, durable flooring. Large owner's suite is situated on its own level and has vaulted ceilings. Bay Reach is a secure, waterfront community with resort style pool offering Intracoastal views. Other amenities include waterfront beach area, hot tub, fitness center, and on-site manager. Boat slips are occasionally available for lease.

Details

Property type

Condominium

Est. home value

$326,947

Lot size

Unknown

Price per sq ft

$237

Year built

1989

Annual property taxes

$2,914

Monthly HOA fee

$791

Price History

11/11/2024
Beaches

Beaches #R11001198

Price change
$285,000
-4.68%
09/10/2024
Beaches

Beaches #R11001198

Price change
$299,000
-3.24%
08/15/2024
Beaches

Beaches #R11001198

Listed
$309,000

Schools & Community

Elementary school: 

Unknown

Middle school: 

Unknown

High school: 

Unknown

Community features: 

Pool, Clubhouse, Gated, Park

Seller’s Loan History

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

Lender

Express Financial Corp

Loan start date

October 2004

Original loan amount

$167,192

Est. remaining balance

Not provided

Interest rate

5.37%

Loan type

Not Provided, 30 year

Seller

Ralph R Rossini

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?

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1025 Lake Shore Dr Unit 204, West Palm Beach, FL 33403

Status: Active

Tomo last checked: 11/22/2024 at 3:30 PM

Listing updated: 11/11/2024 at 1:46 PM

Listed by: Carter Page, Water Pointe Realty Group Phone #: (561) 747-3377

MLS: Beaches #R11001198

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