NOT LISTED FOR SALE

1045 Lake Shore Dr Unit 202 West Palm Beach, FL 33403

Estimated Value: $394,000 - $415,000

2 Beds
2 Baths
920 Sq Ft
$356/mo HOA Fee

Last Sold May 23, 2017

Last sale price $225,000 $245 Per Sq Ft

Est. 80% increase in value since last sale

Current estimated payment $3,467/month

51 Days on Market

Highlights

  • Boat Ramp
  • Vaulted Ceiling
  • Attic
  • Property fronts an intracoastal waterway
  • Mediterranean Architecture
  • Community Pool

About This Home

As of May 2017

Live the ultimate boating lifestyle in this updated 2 BR, 2 BA condo in the gated community of Bay Reach! This property features a 30' deeded boat slip AND a private 1 car garage. Bay Reach offers direct Intracoastal access and is conveniently located less than 2 mi from the Peanut Island by boat! Enjoy resort-style amenities, including a waterfront pool, gym, clubhouse and private beach area. The bright, open floor plan includes an open kitchen, spacious living area, and updated primary and guest baths. Minutes from top dining, beaches, and golf, this is a rare opportunity for the best of coastal living. Schedule your private tour today!

Last Agent to Sell the Property

Leticia Cruz

La Rosa Realty LLC License #3135661 Listed on: 03/02/2017

La Rosa Realty LLC

Last Buyer's Agent

Susan Byrne

Keller Williams Realty Jupiter License #3300074

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $933

Year Built

  • Built in 1989

Lot Details

  • Property fronts an intracoastal waterway
  • Fenced

HOA Fees

  • $356 Monthly HOA Fees

Parking

  • 1 Car Detached Garage
  • Garage Door Opener
  • Assigned Parking

Property Views

  • Intracoastal
  • Garden

Home Design

  • Mediterranean Architecture
  • Barrel Roof Shape

Interior Spaces

  • 920 Sq Ft Home
  • 2-Story Property
  • Vaulted Ceiling
  • Single Hung Metal Windows
  • Blinds
  • Combination Dining and Living Room
  • Security Gate
  • Attic

Kitchen

  • Electric Range
  • Microwave
  • Dishwasher

Flooring

  • Carpet
  • Ceramic Tile

Bedrooms and Bathrooms

  • 2 Bedrooms
  • Stacked Bedrooms
  • 2 Full Bathrooms

Outdoor Features

  • Balcony
  • Open Patio

Utilities

  • Central Heating and Cooling System
  • Electric Water Heater
  • Cable TV Available

Listing and Financial Details

  • Assessor Parcel Number 36434221280082020

Community Details

Overview

  • Association fees include common areas, insurance, ground maintenance, maintenance structure, pest control, pool(s), roof, security
  • Bay Reach Condo Subdivision

Amenities

  • Bike Room

Recreation

  • Boat Ramp
  • Boating
  • Community Pool
  • Community Spa
  • Park
  • Trails

Security

  • Card or Code Access
  • Fire and Smoke Detector

Property Details

Home Type

Condominium

Est. Annual Taxes

$933

Year Built

Built in 1989

Lot Details

0

HOA Fees

$356 per month

Parking

1

Listing Details

  • Prop. Type: Residential
  • Property Sub Type: Condominium
  • Property Sub Type Additional: Condominium
  • Directions: Northlake Blvd to US1, then South to Palmetto, Left at light to Bay Reach Condo thru gate, Unit is approximately the 4th building on left.
  • Year Built: 1989
  • Architectural Style: Mediterranean
  • Year Built Details: Resale
  • Special Features: None

Interior Features

  • Interior Amenities: High Ceilings, Living/Dining Room, Stacked Bedrooms, Vaulted Ceiling(s), Attic
  • Furnished: Unfurnished
  • Spa Features: Community
  • Appliances: Dishwasher, Electric Range, Electric Water Heater, Microwave, Refrigerator
  • Full Bathrooms: 2
  • Total Bedrooms: 2
  • Flooring: Carpet, Ceramic Tile
  • Living Area: 920.0
  • Dining Room Type: Attic
  • Stories: 2
  • Window Features: Blinds, Metal, Single Hung

Exterior Features

  • Exterior Features: Balcony, Fence
  • View: Garden, Intercoastal
  • Lot Features: < 1/4 Acre
  • Pool Features: None, Association, Community
  • Waterfront Features: Dock Access, Intracoastal Access
  • Waterfront: Yes
  • Construction Type: Block
  • Patio And Porch Features: Balcony, Open
  • Property Condition: Resale
  • Roof: Barrel

Garage/Parking

  • Covered Parking Spaces: 1.0
  • Attached Garage: No
  • Garage Spaces: 1.0
  • Garage Yn: Yes
  • Parking Features: Assigned, Detached, Garage, Garage Door Opener

Utilities

  • Security: Security Gate, Key Card Entry, Smoke Detector(s)
  • Cooling: Central Air
  • Cooling Y N: Yes
  • Heating: Central
  • Heating Yn: Yes
  • Sewer: Public Sewer
  • Utilities: Cable Available, Electricity Available, Sewer Available, Water Available
  • Water Source: Public

Condo/Co-op/Association

  • Association Fee: 356.0
  • Community Features: Boat Facilities, Park, Pool
  • Senior Community: No
  • Amenities: Bike Storage, Pool, Spa/Hot Tub, Trail(s)
  • Association Fee Frequency: Monthly

Fee Information

  • Association Fee Includes: Common Areas, Insurance, Maintenance Grounds, Maintenance Structure, Pest Control, Pool(s), Roof, Security

Lot Info

  • Parcel #: 36434221280082020
  • Zoning Description: R1AA(c
  • ResoLotSizeUnits: SquareFeet

Tax Info

  • Tax Year: 2016
  • Tax Annual Amount: 933.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Dec 4, 2017
Sold by
Mcdonough Enterprises Llc
Bought by
Mcdonough Coleman P and The Coleman P Mcdonough Revocable
Current Estimated Value
$405,871

Purchase Details

Listed on
Mar 2, 2017
Closed on
Apr 28, 2017
Sold by
Mounts Gregory A
Bought by
Mcdonough Enterprises Llc
Seller's Agent
Leticia Cruz
La Rosa Realty LLC
Buyer's Agent
Susan Byrne
Keller Williams Realty Jupiter
List Price
$249,900
Sold Price
$225,000
Premium/Discount to List
-$24,900
-9.96%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
7.38%

Purchase Details

Closed on
Jun 26, 2006
Sold by
Koch Roger L and Koch Donna Lee
Bought by
Mounts Gregory A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$90,000
Interest Rate
6.55%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Aug 20, 2004
Sold by
Bay Reach Development Llc
Bought by
Koch Roger L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$182,350
Interest Rate
6.12%
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
Mcdonough Coleman P -- Attorney
Mcdonough Enterprises Llc $225,000 Equitable Title Of Celebrati
Mounts Gregory A $830,000 Blue Water Title Services
Koch Roger L $227,990 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Mcdonough Enterprises Llc A Florida Limb $165,000
Previous Owner Mounts Gregory A $150,000
Previous Owner Mounts Gregory A $90,000
Previous Owner Koch Roger L $25,000
Previous Owner Koch Roger L $182,350
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/09/2025 06/09/25 Price Changed $419,000 -2.3% $454 / Sq Ft
04/15/2025 04/15/25 Price Changed $429,000 -1.4% $465 / Sq Ft
03/24/2025 03/24/25 For Sale $435,000 +93.3% $471 / Sq Ft
05/23/2017 05/23/17 Sold $225,000 -10.0% $245 / Sq Ft
04/23/2017 04/23/17 Pending -- -- --
03/02/2017 03/02/17 For Sale $249,900 0.0% $272 / Sq Ft
06/15/2016 06/15/16 Rented $1,500 0.0% --
05/16/2016 05/16/16 Under Contract -- -- --
05/06/2016 05/06/16 For Rent $1,500 -- --
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 $5,882 $246,917 -- --
2023 $5,269 $224,470 $0 $245,391
2022 $4,941 $204,064 $0 $0
2021 $4,511 $185,513 $0 $185,513
2020 $4,313 $175,513 $0 $175,513
2019 $4,641 $188,896 $0 $188,896
2018 $4,184 $173,896 $0 $173,896
2017 $952 $52,140 $0 $0
2016 $933 $51,068 $0 $0
2015 $948 $50,713 $0 $0
2014 $957 $50,311 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: BeachesMLS

MLS Number: R10312926

BeachesMLS

APN: 36-43-42-21-28-008-2020