NOT LISTED FOR SALE

1040 Lake Shore Dr Unit 105 West Palm Beach, FL 33403

Estimated Value: $236,000 - $369,000

2 Beds
2 Baths
1,111 Sq Ft
1 Acres

Last Sold September 13, 2013

Last sale price $76,000 $68 Per Sq Ft

Est. 278% increase in value since last sale

Current estimated payment $1,929/month

Highlights

  • Property fronts an intracoastal waterway
  • Clubhouse
  • Balcony
  • Gated Community
  • Community Pool
  • Porch

About This Home

As of August 2024

This two-bedroom, two-bathroom condo is situated in the desirable Bay Reach Community. Bay Reach is a charming Intracoastal community boasting a pool, clubhouse, and gym, all conveniently located along the Intracoastal waterway. A sandy beach area at the seawall welcomes residents and guests, equipped with beach chairs and several grills for enjoyable afternoon or evening gatherings. Pets allowed on a case by case situation. 35 lb weight limit per HOA

Last Agent to Rent the Property

debra walker

The Keyes Company (PBG) License #3205909 Listed on: 04/22/2024

Co-Listed By

Kevin Spina

The Keyes Company (PBG) License #3081899

Last Renter's Agent

debra walker

The Keyes Company (PBG) License #3205909 Listed on: 04/22/2024

Condo Details

Home Type

  • Condominium

Est. Annual Taxes

  • $4,897

Year Built

  • Built in 1989

Lot Details

  • Property fronts an intracoastal waterway

Parking

  • Over 1 Space Per Unit
  • Assigned Parking

Home Design

  • Entry on the 105th floor

Interior Spaces

  • 1,111 Sq Ft Home
  • Entrance Foyer
  • Family Room
  • Water Views
  • Security Gate

Kitchen

  • Microwave
  • Dishwasher

Flooring

  • Laminate
  • Ceramic Tile

Bedrooms and Bathrooms

  • 2 Bedrooms
  • Split Bedroom Floorplan
  • Walk-In Closet
  • 2 Full Bathrooms

Laundry

  • Laundry Room
  • Dryer
  • Washer

Outdoor Features

  • Balcony
  • Open Patio
  • Porch

Utilities

  • Central Heating and Cooling System
  • Electric Water Heater

Listing and Financial Details

  • Security Deposit $500
  • Property Available on 6/2/24
  • Assessor Parcel Number 36434221280071050

Community Details

Recreation

  • Community Pool
  • Recreational Area

Additional Features

  • Bay Reach Condo Subdivision
  • Clubhouse
  • Gated Community

Condo Details

Home Type

Condominium

Est. Annual Taxes

$4,897

Year Built

Built in 1989

Lot Details

0

Parking

1

Rental Info

  • Tenant Pays: Exterior Electric
  • Available Date: 2024-06-02
  • Security Deposit: 500.0

Listing Details

  • Prop. Type: Residential Lease
  • Property Sub Type: Condominium
  • Property Sub Type Additional: Condominium
  • Directions: NORTHLAKE BLVD EAST TO US 1, GO SOUTH TO FIRST TRAFFIC LIGHT WHICH IS PALMETTO, GO LEFT TO BAY REACH COMPLEX
  • Year Built: 1989
  • Entry Level: 105
  • Special Features: VirtualTour

Interior Features

  • Interior Amenities: Entrance Foyer, Split Bedrooms, Tub Shower, Walk-In Closet(s)
  • Furnished: Unfurnished
  • Appliances: Dryer, Dishwasher, Electric Water Heater, Microwave, Refrigerator, Washer
  • Full Bathrooms: 2
  • Total Bedrooms: 2
  • Flooring: Ceramic Tile, Laminate
  • Living Area: 1111.0
  • Dining Room Type: Family Room, Laundry

Exterior Features

  • Exterior Features: Balcony
  • View: Other, Water
  • Pool Features: None, Association, Community
  • Waterfront Features: Intracoastal Access
  • Waterfront: No
  • Patio And Porch Features: Balcony, Open, Porch

Garage/Parking

  • Covered Parking Spaces: 1.0
  • Attached Garage: Yes
  • Garage Spaces: 1.0
  • Garage Yn: Yes
  • Parking Features: Assigned, Attached, Garage, Two or More Spaces

Utilities

  • Security: Security Gate
  • Cooling: Central Air, Electric
  • Cooling Y N: Yes
  • Heating: Central, Electric
  • Heating Yn: Yes

Condo/Co-op/Association

  • Community Features: Clubhouse, Gated, Pool, Street Lights, Sidewalks, Recreation Area
  • Senior Community: No
  • Amenities: Clubhouse, Pool

Lot Info

  • Parcel #: 36434221280071050
  • Land Lease Amount Frequency: Monthly

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Aug 14, 2016
Sold by
Carpeta Consulting Llc
Bought by
Golden Thor Llc
Current Estimated Value
$286,931

Purchase Details

Listed on
Aug 21, 2013
Closed on
Sep 13, 2013
Sold by
Manion Mary Beth and Mary Beth Manion Trust 2006
Bought by
Carpeta Consulting Llc
Seller's Agent
Kevin Spina
The Keyes Company (PBG)
Buyer's Agent
debra walker
The Keyes Company (PBG)
List Price
$75,000
Sold Price
$76,000
Premium/Discount to List
$1,000
1.33%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
11.63%

Purchase Details

Closed on
Jan 8, 2007
Sold by
Manion Mary B and Manion Mary Beth
Bought by
Manion Mary Beth and The Mary Beth Manion Trust

Purchase Details

Closed on
Aug 17, 2004
Sold by
Bay Reach Development Llc
Bought by
Manion Timothy J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$143,992
Interest Rate
5.5%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

Range of Values:

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Average Value
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List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Golden Thor Llc $62,000 None Available
Carpeta Consulting Llc $76,000 None Available
Manion Mary Beth -- Attorney
Manion Timothy J $179,990 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Manion Timothy J $143,992
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
08/01/2024 08/01/24 Rented $2,200 0.0% --
04/23/2024 04/23/24 For Rent $2,200 +57.1% --
04/24/2021 04/24/21 Rented $1,400 -12.5% --
03/25/2021 03/25/21 Under Contract -- -- --
02/10/2020 02/10/20 For Rent $1,600 0.0% --
09/13/2013 09/13/13 Sold $76,000 +1.3% $76 / Sq Ft View Prior Sale
08/21/2013 08/21/13 For Sale $75,000 -- $75 / Sq Ft
Source: BeachesMLS

Tax History Compared to Growth

Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2024 $4,897 $199,001 -- --
2023 $4,562 $180,910 $0 $234,391
2022 $4,095 $164,464 $0 $0
2021 $3,714 $149,513 $0 $149,513
2020 $3,621 $144,513 $0 $144,513
2019 $3,718 $147,896 $0 $147,896
2018 $3,613 $147,896 $0 $147,896
2017 $3,755 $147,934 $0 $0
2016 $3,699 $136,417 $0 $0
2015 $3,586 $124,015 $0 $0
2014 $3,166 $112,741 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: BeachesMLS

MLS Number: R10980818

BeachesMLS

APN: 36-43-42-21-28-007-1050