NOT LISTED FOR SALE

1050 Lake Shore Dr Unit 102 West Palm Beach, FL 33403

Estimated Value: $251,167 - $348,000

2 Beds
2 Baths
920 Sq Ft
1 Acres

Last Sold March 05, 2021

Last sale price $157,500 $171 Per Sq Ft

Est. 80% increase in value since last sale

Current estimated payment $1,986/month

Highlights

  • Water Views
  • Clubhouse
  • 1 Car Detached Garage
  • Gated Community
  • Community Pool
  • Walk-In Closet

About This Home

As of March 2024

NEW NEW NEW - new floors, new paint, new AC system installed 11/15/23, new stone countertops, new toilets, new LG fridge, LG Microwave and LG stove, new electrical, new window screens. All it need is you! a NEW RESIDENT at beautiful Bay Reach. Move into this 2 bedroom 2 bath piece of paradise inside beautiful Bay Reach Condominiums. Enjoy pristine views of the Intracoastal Water Way from the pool featuring a grill area, private beach area (with real sand! ) and a gym. Come home to a completely renovated residence. GARAGE! fits one car or all your storage needs. Owner provides dehumidifier and the electric to all garages is included in the rent.

Last Agent to Rent the Property

Sandro Herrera

Three Palms Realty License #3285502 Listed on: 09/21/2023

Last Renter's Agent

Sandro Herrera

Three Palms Realty License #3285502 Listed on: 09/21/2023

Condo Details

Home Type

  • Condominium

Est. Annual Taxes

  • $5,209

Year Built

  • Built in 1989

Lot Details

  • Sprinkler System

Parking

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

Property Views

  • Water
  • Garden

Interior Spaces

  • 920 Sq Ft Home
  • Custom Mirrors
  • Vinyl Flooring

Kitchen

  • Microwave
  • Ice Maker
  • Dishwasher
  • Trash Compactor

Bedrooms and Bathrooms

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

Laundry

  • Laundry Room
  • Dryer
  • Washer

Home Security

  • Security Gate
  • Closed Circuit Camera

Utilities

  • Central Heating and Cooling System
  • Electric Water Heater

Listing and Financial Details

  • Security Deposit $500
  • Property Available on 11/29/23
  • Assessor Parcel Number 36434221280091020

Community Details

Recreation

  • Community Pool
  • Park

Security

  • Resident Manager or Management On Site
  • Gated Community
  • Fire and Smoke Detector

Additional Features

  • Bay Reach Condo Subdivision
  • Clubhouse

Condo Details

Home Type

Condominium

Est. Annual Taxes

$5,209

Year Built

Built in 1989

Lot Details

0

Parking

1

Rental Info

  • Tenant Pays: Exterior Electric
  • Available Date: 2023-11-29
  • Security Deposit: 500.0

Listing Details

  • Prop. Type: Residential Lease
  • Property Sub Type: Condominium
  • Property Sub Type Additional: Condominium
  • Directions: I95 to Northlake Blvd - East to US1 - South to Lake Shore Dr. - East to entrance -
  • Year Built: 1989
  • Entry Level: 1
  • Special Features: VirtualTour

Interior Features

  • Interior Amenities: Custom Mirrors, Split Bedrooms, Walk-In Closet(s)
  • Furnished: Unfurnished
  • Appliances: Dryer, Dishwasher, Electric Water Heater, Ice Maker, Microwave, Refrigerator, Trash Compactor, Washer
  • Full Bathrooms: 2
  • Total Bedrooms: 2
  • Flooring: Vinyl
  • Living Area: 920.0
  • Dining Room Type: Laundry

Exterior Features

  • View: Garden, Other, Water
  • Lot Features: Sprinklers Automatic
  • Pool Features: None, Association, Community
  • Waterfront: No
  • Disclosures: Owner Is Listing Agent

Garage/Parking

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

Utilities

  • Security: Closed Circuit Camera(s), Security Gate, Smoke Detector(s)
  • Cooling: Central Air
  • Cooling Y N: Yes
  • Heating: Central
  • Heating Yn: Yes

Condo/Co-op/Association

  • Community Features: Clubhouse, Gated, Park, Property Manager On-Site, Pool
  • Senior Community: No
  • Amenities: Clubhouse, Management, Pool

Lot Info

  • Parcel #: 36434221280091020
  • Land Lease Amount Frequency: Monthly
  • Lot Size: East of US-1

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 7, 2020
Closed on
Apr 30, 2021
Sold by
Herrera Sandro M and Herrera Wendy
Bought by
Wlh Enterprises Llc
Seller's Agent
Harmony Basham
Donohue Real Estate, LLC
Buyer's Agent
Sandro Herrera
Three Palms Realty
List Price
$195,000
Sold Price
$157,500
Premium/Discount to List
-$37,500
-19.23%
Current Estimated Value
$283,462

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$125,962
Avg. Annual Appreciation
13.04%
Original Mortgage
$118,125
Interest Rate
2.7%
Mortgage Type
New Conventional

Purchase Details

Listed on
Feb 7, 2020
Closed on
Mar 12, 2021
Sold by
Mitchell Scott and Mitchell Jean Marie
Bought by
Herrera Sandro and Herrera Wendy
Seller's Agent
Harmony Basham
Donohue Real Estate, LLC
Buyer's Agent
Sandro Herrera
Three Palms Realty
List Price
$195,000
Sold Price
$157,500
Premium/Discount to List
-$37,500
-19.23%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$118,125
Interest Rate
2.7%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jul 11, 2005
Sold by
Landes Debra
Bought by
Mitchell Scott A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$200,000
Interest Rate
6.5%
Mortgage Type
Fannie Mae Freddie Mac

Purchase Details

Closed on
Sep 30, 2004
Sold by
Bay Reach Development Llc
Bought by
Landes Debra

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$149,550
Interest Rate
4.87%
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
Wlh Enterprises Llc -- Accommodation
Herrera Sandro $157,500 Producers Title Llc
Mitchell Scott A $250,000 --
Landes Debra $186,990 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Herrera Sandro $118,125
Previous Owner Mitchell Jean Marie $95,100
Previous Owner Mitchell Scott A $50,000
Previous Owner Mitchell Scott A $200,000
Previous Owner Landes Debra $149,550
Closed Mitchell Scott A $50,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/30/2024 03/30/24 Rented $2,350 0.0% --
03/04/2024 03/04/24 Under Contract -- -- --
02/06/2024 02/06/24 Price Changed $2,350 -6.0% $3 / Sq Ft
01/25/2024 01/25/24 For Rent $2,500 0.0% --
01/25/2024 01/25/24 Price Changed $2,500 +4.2% $3 / Sq Ft
01/23/2024 01/23/24 Off Market $2,400 -- --
01/03/2024 01/03/24 Price Changed $2,400 -4.0% $3 / Sq Ft
12/12/2023 12/12/23 Price Changed $2,500 -3.8% $3 / Sq Ft
11/29/2023 11/29/23 For Rent $2,600 0.0% --
10/17/2023 10/17/23 Off Market $2,600 -- --
10/10/2023 10/10/23 Price Changed $2,600 -1.9% $3 / Sq Ft
09/28/2023 09/28/23 Price Changed $2,650 -1.9% $3 / Sq Ft
09/21/2023 09/21/23 For Rent $2,700 0.0% --
03/05/2021 03/05/21 Sold $157,500 -19.2% $171 / Sq Ft
02/03/2021 02/03/21 Pending -- -- --
02/10/2020 02/10/20 For Sale $195,000 0.0% $212 / Sq Ft
10/19/2018 10/19/18 Rented $1,450 -3.3% --
09/19/2018 09/19/18 Under Contract -- -- --
08/20/2018 08/20/18 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 $5,209 $218,347 -- --
2023 $4,625 $198,497 $0 $204,391
2022 $4,336 $180,452 $0 $0
2021 $3,149 $149,513 $0 $149,513
2020 $2,940 $139,513 $0 $139,513
2019 $2,910 $152,896 $0 $152,896
2018 $2,571 $137,896 $0 $137,896
2017 $2,471 $127,934 $0 $0
2016 $2,349 $69,841 $0 $0
2015 $2,310 $63,492 $0 $0
2014 $2,045 $57,720 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: BeachesMLS

MLS Number: R10921383

BeachesMLS

APN: 36-43-42-21-28-009-1020