5 months on rocket

501 Lake Shore Dr Unit 405, Lake Park, FL, 33403

$475,000

Home List Price

$5,641*

Closing Credit

2 Bedrooms
2 Full Baths
1,316 SqFt
$361/SqFt
Condo
Schools Nearby

Location

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501 Lake Shore Dr Unit 405, Lake Park$475,000

Buyer Closing Credits

$5,641*

1.25% Loan Amount

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Property Highlights

Home TypeCondominium
ParkingAssigned, Vehicle Restrictions
Year Built1970
HeatingCentral
CoolingCentral Air
WaterfrontIntracoastal, Ocean Access
ViewIntracoastal
MLS #RX-10933043
StatusActive

About 501 Lake Shore Dr Unit 405

Uncover coastal bliss in this 2-bed, 2-bath Lake Park condo. Fully renovated, with new bathrooms, kitchen, and flooring, this sanctuary boasts paid assessments for a seamless transition. Secure living with a gated entrance, a pool, and assigned parking. The 4th-floor residence features a new screened-in patio, offering breathtaking intercostal views. Positioned amidst evolving surroundings, with multi-million dollar condos and upscale restaurants emerging, this property epitomizes modern luxury. Own a slice of paradise, where sophistication meets convenience. Schedule a viewing and envisage the refined lifestyle that awaits in this coastal gem.SELLER TO PAY $5000 TOWARDS BUYERS CLOSING COST.

Property Details

Property Features

Property Information:

  • Year Built: 1970
  • Stories: 8
  • Living Area: 1,316 SqFt

Listing Office:

  • Office Name: Home Sales Palm Beach
  • Office Phone: (561) 406-2166
  • Listing Agent: Mika Patel

Interior Features

Interior Information:

  • Appliances: Dishwasher, Fire Alarm, Microwave, Electric Range, Refrigerator
  • Flooring Type: Tile
  • Interior: Split Bedroom

Bedroom and Bathroom Information:

  • Full Bathrooms: 2
  • Total Bedroom Count: 2

Exterior Features

Exterior Information:

  • Private Pool: No
  • Waterfront: Intracoastal, Ocean Access
  • View: Intracoastal

Parking Information:

  • Attached Garage: No
  • Parking: Assigned, Vehicle Restrictions

Virtual/3D Tour

  • Virtual Tour: 501 Lake Shore Dr Unit 405

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Utilities

Utilities Information:

  • Heating: Central
  • Cooling: Central Air

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 to Northlake. East on Northlake to US-1. Turn right(South) on US-1 to Date Palm Drive. Left on Date Palm. Left on Lake Shore Dr. Building 501 of Lake Harbour Towers is on your right.

Price Information

Listing Price Info

Price Summary:

  • List Price: $475,000
  • Price Per SqFt: $361/SqFt

HOA Fees:

  • Amount: $627
  • Frequency: Monthly
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Housing Market Comparison

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

Med. Sold Price

$402K

Med. Price/SqFt

$293

Avg. Days On Market

63

# of Sold Homes

5

501 Lake Shore Dr Unit 405 vs Lake Park

177 DAYS ON ROCKET

+114 Days

$475,000

+$73K More

$361/SqFt

+$67 More

KEY TAKEAWAY

This property is $73K more than the Median Sold Price and $67/SqFt more than other homes in Lake Park, FL.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Number: #RX-10933043

Listing Office:

  • Office Name: Home Sales Palm Beach
  • Office Phone: (561) 406-2166
  • Listing Agent: Mika Patel

IDXAll 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: 4/29/2024, 6:25:16 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

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

Payment Calculator

$3,065

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$1,491

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NMLS#3030

Schools

Schools Nearby

The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.

Elementary School

school-card-donut-2936183
6
/10
  • Lake Park Elementary School

  • 410 3rd St

  • 0.49 miles

  • Public District Grades KG-5

Middle School

school-card-donut-2936184
2
/10
  • Howell L. Watkins Middle School

  • 9480 Macarthur Blvd

  • 2.41 miles

  • Public Magnet Grades 6-8

High School

school-card-donut-2936185
2
/10
  • Palm Beach Gardens High School

  • 4245 Holly Dr

  • 3.59 miles

  • Public Magnet Grades 9-12

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $42,286. Residents of Lake Park, FL typically earn between $35k-100k each year. The most common type of family is single, no kids. The most common level of education of people living in this area is post secondary degree.

All data provided by Home Junction and Claritas

Frequently Asked Questions About 501 Lake Shore Dr Unit 405

What is the listing price of this property?

The listing price of 501 Lake Shore Dr Unit 405 property is $475,000.

What type of property is this?

The property 501 Lake Shore Dr Unit 405 is a condo located in Lake Park, Florida, 33403.

Is this property for sale now?

Active Listing: 501 Lake Shore Dr Unit 405 is For Sale (Active/New) which means the seller is accepting offers.

What are the assigned schools for this property?

The assigned schools for 501 Lake Shore Dr Unit 405 are:
Lake Park Elementary School: GreatSchools Rating 6/10
Howell L. Watkins Middle School: GreatSchools Rating 2/10
Palm Beach Gardens High School: GreatSchools Rating 2/10

How many bedrooms and bathrooms does this property have?

The property at 501 Lake Shore Dr Unit 405 has 2 bedrooms and 2 bathrooms.

What is the square footage of this property?

The property 501 Lake Shore Dr Unit 405 is 1,316 SqFt (source: MLS/tax record).

Which year was this property built?

The year of construction for 501 Lake Shore Dr Unit 405 is 1970.

Rocket Homes›Florida›Palm Beach County›Lake Park›33403›501 Lake Shore Dr Unit 405

This home is located at 501 Lake Shore Dr Unit 405 in Lake Park, FL and zip code 33403 in the Lake Park / Kelsey City neighborhood. This 1,316 square foot home was built in 1970. Features: 2 bedrooms, 2 bathrooms. It has been listed on Rocket Homes since November 03, 2023 and is currently priced at $475,000.

Lake Park, FL housing market in March 2024 saw over 0 listings sold above listed price, more than 1 sold at listed price and over 4 sold below. The number of homes for sale in Lake Park, FL increased by 18.8% between February 2024 and March 2024. While the average time on the market in March 2024 was 63 days, the median list price was $402,000.

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

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