tomo logo

$494,900

Beds
2
Baths
2.0
sq ft
923

1125 Lake Shore Dr Unit 103, West Palm Beach, FL 33403

1125 Lake Shore Dr Unit 103

Lake Park, FL 33403

  • 52 days on market
    • Price drop $30,000↓
Welcome Home to Your Beautiful, Fully Renovated 2 bedroom, 2 bath, 1 Car Garage, First Floor Condo with Assigned Boat Dock! This Condo Was Completely Renovated from Top to Bottom In 2020 & Includes Beautiful Tile Throughout, Plantation Shutters, Hurricane Impact Windows & Slider, Built in Storage & Beverage Cooler. Brand New A/C 2024. Open Kitchen, Stainless Steel Appliances, Extra Storage, Snack Bar & Granite Counter Tops. Sit on Your Open Patio, Enjoy Your Waterfront View & Your Boat Floating in YOUR Assigned Boat Slip with Direct Access to the Intracoastal Waterway. Bay Reach Is a Quiet, Boutique Community with an Amazing Pool on the Intracoastal, Beach Area, Spa, Clubhouse & Exercise Room. Close to Shopping, Beaches & Restaurants. Don't Miss Your Chance to Own a Piece of Paradise!

Details

Property type

Condominium

Est. home value

$385,123

Lot size

Unknown

Price per sq ft

$537

Year built

1989

Annual property taxes

$2,203

Monthly HOA fee

$624

Price History

07/26/2024
Beaches

Beaches #R11005383

Price change
$494,900
-5.72%
07/18/2024
Beaches

Beaches #R11005383

Listed
$524,900
+109.96%
09/15/2020
Beaches

Beaches #R10647806

Sold
$250,000

Schools & Community

Elementary school: 

Unknown

Middle school: 

Unknown

High school: 

Unknown

Community features: 

Pool, Clubhouse, 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

$295,288
Asking price
$494,900
Closing costs (~8% of asking)
-$39,592
Est. remaining loan balance
-$160,020
Cash to seller
$295,288

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

Seller’s Loan History

Lender

Liberty Mortgage Lending

Loan start date

September 2020

Original loan amount

$175,000

Est. remaining balance

$160,020

Interest rate

2.99%

Loan type

New Conventional, 30 year

Seller

Stuart Smith and Michelle Smith

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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Condo

801 Lake Shore Dr Unit 802, West Palm Beach, FL 33403

Status: Active

Tomo last checked: 09/08/2024 at 6:50 AM

Listing updated: 08/29/2024 at 3:22 PM

Listed by: Gina Ferri, RE/MAX Prestige Realty/RPB Phone #: (561) 932-0444

MLS: Beaches #R11005383

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