NOT LISTED FOR SALE

1050 Lake Shore Dr Unit 201 West Palm Beach, FL 33403

Estimated Value: $299,148 - $374,000

2 Beds
2 Baths
1,200 Sq Ft
$759/mo HOA Fee

Last Sold January 13, 2023

Last sale price $295,000 $246 Per Sq Ft

Est. 12% increase in value since last sale

Current estimated payment $3,035/month

34 Days on Market

Highlights

  • Boat Ramp
  • Clubhouse
  • 1 Car Detached Garage
  • Gated Community
  • Community Pool
  • Security Gate

About This Home

As of January 2023

Beautiful 2 bedrooms and 2 bathrooms condo in gated intracoastal community. Partial water view with direct access to the community pool, gym and club house. 2-story, 1200 sq ft unit w/private master suite on top floor. The unit comes with a 1 car garage and 1 additional outside parking spot. No new rentals 1st year of ownership. Enjoy the community pool, hot tub, workout facility and clubhouse or relax on a lounge chair overlooking the intracoastal waterway. Coming soon is a BBQ area with two new gas grills.

Last Agent to Sell the Property

Matt Dixon

INLET Properties & Investments, LLC License #3514029 Listed on: 12/06/2022

Last Buyer's Agent

Kent Lafleur

Rinker Realty Inc License #3389085

Rinker Realty Inc

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $4,333

Year Built

  • Built in 1989

Lot Details

  • 1

HOA Fees

  • $759 Monthly HOA Fees

Parking

  • 1 Car Detached Garage
  • Garage Door Opener

Home Design

  • Barrel Roof Shape

Interior Spaces

  • 1,200 Sq Ft Home
  • 2-Story Property
  • Security Gate

Kitchen

  • Electric Range
  • Microwave
  • Dishwasher

Flooring

  • Laminate
  • Ceramic Tile

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 2 Full Bathrooms
  • Dual Sinks

Laundry

  • Laundry Room
  • Washer and Dryer

Utilities

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

Listing and Financial Details

  • Security Deposit $500
  • Assessor Parcel Number 36434221280092010

Community Details

Overview

  • Association fees include common areas, cable TV, ground maintenance, maintenance structure, reserve fund, roof, trash, water
  • Bay Reach Subdivision

Amenities

  • Clubhouse

Recreation

  • Boat Ramp
  • Boating
  • Community Pool
  • Community Spa

Security

  • Gated Community
  • Fire and Smoke Detector

Property Details

Home Type

Condominium

Est. Annual Taxes

$4,333

Year Built

Built in 1989

Lot Details

0

HOA Fees

$759 per month

Parking

1

Listing Details

  • Prop. Type: Residential
  • Property Sub Type: Condominium
  • Property Sub Type Additional: Condominium
  • Directions: From I95 take Northlake Boulevard East to US1. South on US1 and East on Palmetto Drive.
  • Year Built: 1989
  • Entry Level: 2
  • Year Built Details: Resale
  • Special Features: VirtualTour

Interior Features

  • Interior Amenities: Dual Sinks
  • Furnished: Unfurnished
  • Spa Features: Community
  • Appliances: Dryer, Dishwasher, Electric Range, Electric Water Heater, Microwave, Refrigerator, Washer/Dryer, Washer
  • Full Bathrooms: 2
  • Total Bedrooms: 2
  • Flooring: Ceramic Tile, Laminate, Tile
  • Living Area: 1200.0
  • Dining Room Type: Laundry
  • Stories: 2

Exterior Features

  • Pool Features: None, Association, Community
  • Waterfront: No
  • Construction Type: Block
  • Property Condition: Resale
  • Roof: Barrel

Garage/Parking

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

Utilities

  • Security: Security Gate, 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: 759.0
  • Community Features: Boat Facilities, Clubhouse, Gated, Pool
  • Senior Community: No
  • Amenities: Clubhouse, Pool, Spa/Hot Tub
  • Association Fee Frequency: Monthly

Fee Information

  • Association Fee Includes: Common Areas, Cable TV, Maintenance Grounds, Maintenance Structure, Reserve Fund, Roof, Trash, Water

Lot Info

  • Parcel #: 36434221280092010
  • Zoning Description: Resident

Rental Info

  • Security Deposit: 500.0

Tax Info

  • Tax Year: 2022
  • Tax Annual Amount: 4333.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Dec 6, 2022
Closed on
Jan 13, 2023
Sold by
Brearley Ryan M
Bought by
Dorchester Tina and Dorchester Donald
Seller's Agent
Matt Dixon
INLET Properties & Investments, LLC
Buyer's Agent
Kent Lafleur
Rinker Realty Inc
List Price
$320,000
Sold Price
$295,000
Premium/Discount to List
-$25,000
-7.81%
Current Estimated Value
$328,940

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$33,940
Avg. Annual Appreciation
4.08%

Purchase Details

Listed on
Jun 16, 2016
Closed on
Aug 1, 2016
Bought by
Brearley Ryan M
Seller's Agent
Barbara Pluta
Sandals Realty Group, Inc.
Buyer's Agent
Todd Ellis
Complete Faith Investments Inc
List Price
$179,900
Sold Price
$169,000
Premium/Discount to List
-$10,900
-6.06%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
9.04%

Purchase Details

Closed on
Oct 27, 2004
Sold by
Bay Reach Development Llc
Bought by
Rienzo Charles A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$180,792
Interest Rate
6.37%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

Range of Values:

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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
Dorchester Tina $295,000 --
Brearley Ryan M $169,000 --
Rienzo Charles A $225,990 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Brealey Ryan M $135,000
Previous Owner Rienzo Charles A $180,792
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/13/2023 01/13/23 Sold $295,000 -7.8% $246 / Sq Ft
01/10/2023 01/10/23 Pending -- -- --
12/06/2022 12/06/22 For Sale $320,000 +89.3% $267 / Sq Ft
08/08/2016 08/08/16 Sold $169,000 -6.1% $141 / Sq Ft
07/09/2016 07/09/16 Pending -- -- --
06/16/2016 06/16/16 For Sale $179,900 0.0% $150 / Sq Ft
11/29/2013 11/29/13 Rented $1,175 -6.0% --
10/30/2013 10/30/13 Under Contract -- -- --
10/07/2013 10/07/13 For Rent $1,250 -- --
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 $5,704 $250,330 -- --
2023 $4,803 $193,010 $0 $244,391
2022 $4,333 $175,464 $0 $0
2021 $3,936 $159,513 $0 $159,513
2020 $3,844 $154,513 $0 $154,513
2019 $3,943 $157,896 $0 $157,896
2018 $2,512 $140,291 $0 $0
2017 $2,537 $137,405 $0 $0
2016 $2,911 $90,339 $0 $0
2015 $2,859 $82,126 $0 $0
2014 $2,571 $74,660 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • M

    Seller's Agent in 2023

    Matt Dixon

    INLET Properties & Investments, LLC

    (561) 508-1936

    1 in this area

    3 Total Sales

    Section Image
  • Kent Lafleur

    Buyer's Agent in 2023

    Kent Lafleur

    Rinker Realty Inc

    (561) 275-0507

    1 in this area

    13 Total Sales

    Section Image

  • B

    Seller's Agent in 2016

    Barbara Pluta

    Sandals Realty Group, Inc.

    (561) 651-4159

    2 in this area

    67 Total Sales

    Section Image

  • T

    Buyer's Agent in 2016

    Todd Ellis

    Complete Faith Investments Inc

  • Kevin Kelly

    Buyer's Agent in 2013

    Kevin Kelly

    Douglas Elliman (Jupiter)

    (561) 632-5546

    47 Total Sales

    Section Image
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Map

Source: BeachesMLS

MLS Number: R10850375

BeachesMLS

APN: 36-43-42-21-28-009-2010

Florida Palm Beach County West Palm Beach 33403

1050 Lake Shore Dr Unit 201, West Palm Beach, FL

This home is located at 1050 Lake Shore Dr Unit 201, West Palm Beach, FL 33403 since 06 December 2022 and is currently estimated at $322,037, approximately $268 per square foot. This property was built in 1989. 1050 Lake Shore Dr Unit 201 is a home located in Palm Beach County with nearby schools including Lake Park Elementary School, Howell L. Watkins Middle School, and Palm Beach Gardens Community High School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

BeachesMLS IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.

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