1050 Lake Shore Dr Unit 204, Lake Park, FL, 33403

Location

Get An Agent. Get A Mortgage.

Let Us Help You Buy A Home And Save BIG

Save BIG.

1050 Lake Shore Dr Unit 204, Lake Park$345,000

Buyer Closing Credits

$4,097^*

1.25% Loan Amount

Sell Your Home And Save More

Connect With An Agent

Still Have Questions? Contact Us.

1 (855) 200-2001

Property Highlights

Home TypeCondominium

ParkingAssigned, Guest

Year Built1989

HeatingCentral, Electric

CoolingCeiling Fan(s), Central Air, Electric

WaterfrontOcean Access, Seawall

ViewGarden

MLS #RX-10987337

StatusActive

About 1050 Lake Shore Dr Unit 204

Welcome to your dream home in the heart of North Palm Beach! This stunning 2-bedroom, 2-bathroom end unit, 2-story condo is located in the highly sought-after Bay Reach community, an intracoastal paradise offering a unique blend of luxury and convenience. Step inside to discover a beautifully updated unit featuring elegant granite countertops, contemporary tile flooring, and modern bathroom vanities. The recent updates also include new toilets, Hurricane windows, and a tankless water heater. The AC and washing machine are only 1 year old, and the unit includes a washer and dryer. The kitchen, dining room, and living room overlook the balcony, letting natural sunlight in. All the windows have pull-down shades throughout the unit, enhancing privacy and comfort.

View More

Property Details

Property Features

Property Information:

• Architectural Style: Mediterranean, Multi-Level
• Year Built: 1989
• Stories: 2
• Living Area: 1,206 SqFt

Listing Office:

• Office Name: LoKation
• Office Phone: (954) 545-5583
• Listing Agent: Jason Litt

Interior Features

Interior Information:

• Appliances: Dishwasher, Disposal, Dryer, Microwave, Electric Range, Refrigerator, Washer
• Flooring Type: Tile
• Interior: Pantry, Split Bedroom, Walk-in Closet

Bedroom and Bathroom Information:

• Full Bathrooms: 2
• Total Bedroom Count: 2

Exterior Features

Exterior Information:

• Private Pool: No
• Waterfront: Ocean Access, Seawall
• View: Garden

Parking Information:

• Attached Garage: No
• Parking: Assigned, Guest

Utilities

Utilities Information:

• Heating: Central, Electric
• Cooling: Ceiling Fan(s), Central Air, Electric

School Info

Assigned Schools Information:

• Palm Beach Gardens High School, Public Magnet Grades 9-12
• Howell L. Watkins Middle School, Public Magnet Grades 6-8
• Lake Park Elementary School, Public District Grades KG-5

Other

Directions Information:

• Directions: I- 95 GO EAST ON NORTHLAKE TO US-1 THEN SOUTH TO FIRST LIGHT, GO LEFT AT TRAFFIC LIGHT AND BAY REACH IS THE FIRST COMMUNITY ON THE LEFT. GATE CODE PHONE LOCATED ON ISLAND.

Price Information

Listing Price Info

Price Summary:

• List Price: $345,000
• Price Per SqFt: $286/SqFt

HOA Fees:

• Amount: $804
• Frequency: Monthly

What can I afford?

Understand what home price range makes sense for your budget.

See What I Can Afford

Housing Market Comparison

See how this home compares to others in Lake Park, FL.

Lake Park, FL

City

Med. Sold Price

$405K

Med. Price/SqFt

$289

Avg. Days On Market

58

# of Sold Homes

6

1050 Lake Shore Dr Unit 204 vs Lake Park

14 DAYS ON ROCKET

-44 Days

$345,000

-$60K Less

$286/SqFt

-$4 Less

KEY TAKEAWAY

This property is $60K less than the Median Sold Price and $4/SqFt less than other homes in Lake Park, FL.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

• MLS Number: #RX-10987337

Listing Office:

• Office Name: LoKation
• Office Phone: (954) 545-5583
• Listing Agent: Jason Litt

All listings featuring the BMLS logo are provided by BeachesMLS, Inc. Copyright 2024 BeachesMLS, Inc.

This information is not verified for authenticity or accuracy and is not guaranteed. IDX information is provided exclusively for consumers’ personal, non-commercial use, that it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 5/29/2024, 7:20:32 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

View More

Property Sales & Tax

We're sorry, we currently don't have sales or tax history data for this listing.

Payment Calculator

Calculate your estimated monthly expenses for this listing. Play with the values below to better understand your monthly payment and utilities.

$2,593

Per Month

Principal & Interest

$1,722

Home Price

Home PriceThe dollar amount you pay for the home.

$

Interest Rate

Interest RateMortgage interest rates fluctuate, but they're typically in the 5% to 9% range. Your rate will be calculated based on personal details including your credit score.

%

Down Payment

Down PaymentThe initial money paid at closing that is usually a percentage of the purchase price. Most loans require at least 3% down, but a 0% down payment may be possible if you're eligible for a VA or USDA loan.

$Down PaymentPercent%

Loan Term

Loan TermThis is how long you'll pay on the loan. A longer term gives you smaller payments, while a shorter term saves you money on interest.

30 year25 year20 year15 year10 year

Property Taxes

$0

Annual Cost

Property Taxes -Annual CostEvery homeowner pays taxes to their local government based on their home's value and the property tax rates for the county or city. Most areas charge property taxes semiannually.

$/ Year

Mortgage Insurance

$0

Monthly Premium

Mortgage Insurance -Monthly PremiumMortgage insurance helps secure a mortgage with a lower down payment. It typically costs 0.1% - 2% of your loan amount per year.

$/ Month

Homeowners Insurance

$67

Monthly Premium

Homeowners Insurance -Monthly PremiumMost homeowners pay about $1,000 a year for homeowners insurance, but the cost varies based on your location, home and coverage.

$/ Month

Homeowners Association (HOA)

$804

Monthly Fees

Homeowners Association -Monthly FeesHomeowners Association (HOA) fees can range from $30 per month to $500+ per month. Be sure to ask your agent about HOA fees on a home as it can impact your affordability or check the online home listing.

$/ Month

Utilities

$0

Monthly Cost

Utilities - Monthly CostYou'll need to budget for utilities as a homeowner, which typically includes water and sewer, gas and electric, internet and cable. Cost will depend on your location and the size of your home. On a monthly basis, Americans pay $239 - $442 per month.

$/ Month

*Disclosures

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$1,101

See More Options

Connect With A Banker

Powered By

Advertisement

NMLS#3030

**Disclosures

Rocket Homes›Florida›Palm Beach County›Lake Park›33403›1050 Lake Shore Dr Unit 204

This home is located at 1050 Lake Shore Dr Unit 204 in Lake Park, FL and zip code 33403 in the Lake Park / Kelsey City neighborhood. This 1,206 square foot home was built in 1989. Features: 2 bedrooms, 2 bathrooms. It has been listed on Rocket Homes since May 14, 2024 and is currently priced at $345,000.

Over 1 listings were sold over their listed price in April 2024 in Lake Park, FL. In the same period over 4 listings were sold below the listed price and 1 listings were sold for the listed price. Between March 2024 and April 2024, Lake Park, FL real estate market has seen increase in the number of listings by 7.1%. In April 2024, listings were on the market for 58 days. During the same period, the median list price in this real estate market was $405,000.

From Rocket Homes Real Estate and based on county public records data.