tomo logo

$275,000

Beds
2
Baths
2.0
sq ft
1,206

1060 Lake Shore Dr Unit 203, West Palm Beach, FL 33403

1060 Lake Shore Dr Unit 203

Lake Park, FL 33403

  • 5 days on market
*Professional Pictures Coming Soon* Discover this bright and inviting 2-bedroom, 2-bathroom condo, ideally located in the prestigious gated community of Bay Reach! The main level boasts a modern kitchen with stylish white cabinets, quartz countertops, and stainless steel appliances, which opens up to a bright dining area and spacious family room. This level also includes a guest bedroom and bathroom, along with a private balcony offering breathtaking Intracoastal views.Upstairs, the master suite is complete with a comfortable sitting area, a luxurious ensuite bathroom, and a large walk-in closet. The property is conveniently located close to the clubhouse and pool, providing beautiful views of the water.

Details

Property type

Condominium

Est. home value

$320,332

Lot size

Unknown

Price per sq ft

$229

Year built

1989

Annual property taxes

$2,978

Monthly HOA fee

$790

Price History

10/08/2024
Beaches

Beaches #R11027493

Listed
$275,000
-8.3%
09/17/2024
Beaches

Beaches #R10990021

Removed
$299,888
08/30/2024
Beaches

Beaches #R10990021

Pending
$299,888

Schools & Community

Elementary school: 

Unknown

Middle school: 

Unknown

High school: 

Unknown

Community features: 

Pool, Gated

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

$67,670
Asking price
$275,000
Closing costs (~8% of asking)
-$22,000
Est. remaining loan balance
-$185,330
Cash to seller
$67,670

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

Seller’s Loan History

Lender

Quicken Loans Llc

Loan start date

August 2020

Original loan amount

$203,300

Est. remaining balance

$185,330

Interest rate

3.07%

Loan type

New Conventional, 30 year

Seller

Emily Kent

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?

Similar Homes Nearby

Price drop
Beaches
$299,000
2 bd
|
2 ba
|
1,206 sq ft
|
Condo

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

Beaches
$275,000
2 bd
|
2 ba
|
886 sq ft
|
Condo

405 US Highway 1 Unit 307, North Palm Beach, FL 33408

Price drop
Beaches
$269,000
2 bd
|
2 ba
|
936 sq ft
|
Condo

236 Castlewood Dr Unit 202, North Palm Beach, FL 33408

Status: Active

Tomo last checked: 10/12/2024 at 11:25 PM

Listing updated: 10/09/2024 at 5:46 PM

Listed by: Jarrett Ruderman, Coldwell Banker Res R E Phone #: (561) 744-2500

MLS: Beaches #R11027493

Beaches logo