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$400,000

Beds
2
Baths
2.0
sq ft
1,316

401 Lake Shore Dr Unit 502, West Palm Beach, FL 33403

401 Lake Shore Dr Unit 502

Lake Park, FL 33403

  • 56 days on market
    • Price drop $15,000↓
Welcome to your oasis of comfort and luxury in this beautifully remodeled 2 bedroom, 2 bath condo nestled in the hidden gem town of Lake Park. Attention to detail is an understatement when you see the abundant luxury upgrades put into this bright and spacious unit that features spectacular direct views of the intracoastal and Singer Island's skyline. This elegantly designed condo offers hurricane impact windows, ceramic tile, a beautifully remodeled kitchen with stainless steel appliances, crown molding and a new front-loading washer and dryer. Enter the master bedroom through the relocated entrance that offers additional waterfront views and a 2nd bonus walk-in closet that the original floorplan doesn't offer. Some of the many other upgrades include completely renovated bathrooms, custom

Details

Property type

Condominium

Est. home value

$378,875

Lot size

Unknown

Price per sq ft

$304

Year built

1972

Annual property taxes

$2,936

Monthly HOA fee

$417

Price History

10/20/2024
Beaches

Beaches #R11024398

Price change
$400,000
-3.61%
09/27/2024
Beaches

Beaches #R11024398

Listed
$415,000
+137.14%
09/16/2016
Beaches

Beaches #R10248882

Sold
$175,000
+7.69%

Schools & Community

Elementary school: 

Unknown

Middle school: 

Unknown

High school: 

Unknown

Community features: 

Pool, Gated, Street Lights, Sidewalks, Tennis Court(s)

Senior community center: 

Yes

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

Pnc Bank Na

Loan start date

January 2023

Original loan amount

$125,000

Est. remaining balance

Not provided

Interest rate

6.33%

Loan type

Credit Line (Revolving), 40 year

Seller

Regina J Tock

Lender

Intercontinental Capital Group Inc

Loan start date

June 2021

Original loan amount

$140,000

Est. remaining balance

$129,844

Interest rate

2.96%

Loan type

New Conventional, 30 year

Seller

Regina J Tock

Lender

Main Street Bank

Loan start date

September 2016

Original loan amount

$122,500

Est. remaining balance

$100,609

Interest rate

3.48%

Loan type

New Conventional, 30 year

Seller

Regina J Tock

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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Status: Active

Tomo last checked: 11/22/2024 at 11:20 AM

Listing updated: 10/20/2024 at 6:45 PM

Listed by: Irene M Hey, Strategic Choice Realty LLC Phone #: (561) 300-6010

MLS: Beaches #R11024398

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