$1,350,000
SOLD NOV 8, 2023

Lake Towers 250 Bradley Place Unit 502 Floor 5 Palm Beach, FL 33480

North End Neighborhood
1 Bed
1 Bath
871 Sq Ft
$1,002/mo HOA Fee

Recently Sold

$1,550 Per Sq Ft

26% Below List Price

208 Days on Market

Highlights

  • Doorman
  • Gas Heated Pool
  • Balcony
  • Palm Beach Public School Rated A-
  • Waterfront
  • Eat-In Kitchen

About This Home

As of November 2023

GREAT VIEWS FROM YOUR WRAP BALCONY AND A COVETED LOCATION MAKE THIS 5TH FLOOR SUN-DRENCHED ONE BEDROOM ONE BATH JEWEL STAND OUT FROM THE REST. ALL IMPACT GLASS, 24 HR DOORMAN BUILDING, FULL TIME MANAGER AND MAINTENANCE STAFF, HEATED POOL, ONSITE PARKING, LARGE STORAGE BIN, AMPLE FREE LAUNDRY ARE SOME OF THE AMENITIES. LEASING FRIENDLY AND VERY PET FRIENDLY - TWO PETS ALLOWED! FANTASTIC INTOWN LOCATION DIRECTLY ON THE LAKE TRAIL.

Last Agent to Sell the Property

MARYANN CHOPP

Sotheby's International Realty, Inc. License #BK-3216754 Listed on: 04/05/2023

Sotheby's International Realty, Inc.

Last Buyer's Agent

darren marotta

Engel & Völkers-Wellington License #SL-3329845

Engel & Völkers-Wellington

Property Details

Home Type

  • Condo-Op

Est. Annual Taxes

  • $12,015

Year Built

  • Built in 1963

Lot Details

  • Southeast Facing Home

HOA Fees

  • $1,002 Monthly HOA Fees

Interior Spaces

  • 871 Sq Ft Home
  • Storage

Kitchen

  • Eat-In Kitchen
  • Single Oven
  • Electric Range
  • Microwave
  • Freezer

Bedrooms and Bathrooms

  • 1 Bedroom
  • 1 Bathroom

Home Security

  • Home Security System
  • High Impact Windows
  • High Impact Door

Parking

  • 1 Parking Space
  • Open Parking

Pool

  • Gas Heated Pool
  • Outdoor Pool

Utilities

  • Central Heating and Cooling System
  • Cable TV Available

Additional Features

  • Non-Toxic Pest Control

Listing and Financial Details

  • Assessor Parcel Number 50434315350005020

Community Details

Overview

  • Association fees include insurance, cable TV, common area, maintenance exterior, trash, pest control, sewer, water
  • 60 Units
  • Lake Towers Community
  • On-Site Maintenance
  • 7-Story Property

Amenities

  • Doorman
  • Common Area
  • Laundry Facilities
  • Elevator

Recreation

  • Bike Trail

Pet Policy

  • Pet Restriction
  • Small pets allowed

Security

  • Resident Manager or Management On Site

Property Details

Home Type

Condo-Op

Est. Annual Taxes

$12,015

Year Built

Built in 1963

Lot Details

0

HOA Fees

$1,002 per month

Listing Details

  • Property Sub Type: Condominium
  • Prop. Type: Condo/Co-Op
  • Directions: 95 to Okeechobee Blvd east to Palm Beach First left at light. head north about a mile. Building on left. Guest parking in front.
  • Building Name: Lake Towers
  • Year Built: 1963
  • Location Tax Legal:Name of Building: Lake Towers
  • Location Tax Legal:Zoned: R-D(1) - Moderate Density Residential
  • Location Tax Legal:Homestead Exempt: No
  • Location Tax Legal:Taxes2: 12015.0
  • Location Tax Legal:Tax Year2: 2022
  • General Property Description:Living Area: 871.0
  • General Property Description:Pool: Yes
  • General Property Description:Waterfront: Yes
  • General Property Description:Maintenance Amount: 1001.63
  • General Property Description:Per: Month
  • General Property Description:_pound_ Units in Complex: 60
  • General Property Description:_pound_ Floors: 7.0
  • Exposure of Unit:East2: Yes
  • Exposure of Unit:South2: Yes
  • Pool:Pool3: Yes
  • ACHeat:Central Air: Yes
  • ACHeat:Central Heat: Yes
  • Appliances Refrigerators: Yes
  • Appliances Microwave: Yes
  • Security:Security System: Yes
  • Security:Door Person: Yes
  • Services Included:Full Time Manager: Yes
  • Maintenance Includes:Common Area: Yes
  • Maintenance Includes:Exterior Bldg: Yes
  • Maintenance Includes:Garbage Pickup: Yes
  • Maintenance Includes:Pest Control: Yes
  • Maintenance Includes:Sewer2: Yes
  • Maintenance Includes:Water2: Yes
  • Pool:Heated - Gas: Yes
  • Laundry:Laundry in Building: Yes
  • Pets:Pets Allowed: Yes
  • Lease Restrictions Pets W Restrictions: Yes
  • Pets:Pet Type: Both
  • Maintenance Includes:Cable TV: Yes
  • Pets:Weight Restrictions: 25 lbs or Under
  • Waterfront-Building:ICW-Across Bike Path: Yes
  • Special Features: None

Interior Features

  • Appliances: Refrigerator, Freezer, Oven-Single, Microwave, Range - Electric
  • Total Bedrooms: 1
  • Flooring: Other Flooring
  • Interior Amenities: Cable, Storage, Wndw Trmnts Included
  • Living Area: 871.0
  • Stories: 7
  • Interior Features:Storage: Yes
  • Interior Features:Wndw Trmnts Included: Yes
  • Other Rooms:Eat-in Kitchen: Yes
  • Appliances:Freezer: Yes
  • Interior Features:Cable: Yes
  • Appliances:Range - Electric: Yes
  • Appliances:Oven-Single: Yes

Exterior Features

  • Pool Features: Pool, Heated Gas
  • Pool Private: Yes
  • Exterior Features: Balcony, Impact Doors, Impact Windows, Elevator, Lobby
  • Exterior Features:Balcony: Yes
  • Exterior Features:Elevator2: Yes
  • Exterior Features:Lobby: Yes
  • Exterior Features:Impact Doors: Yes
  • Exterior Features:Impact Windows: Yes

Garage/Parking

  • Parking:_one_ Car2: Yes
  • Parking:Open Parking: Yes

Utilities

  • Laundry Features: Laundry in Building
  • Security: Security System, Door Person
  • Heating: Central Air, Central Heat
  • Heating Yn: Yes

Condo/Co-op/Association

  • Amenities: Full Time Manager
  • Association: Yes

Association/Amenities

  • Restrictions:Condo Association: Yes

Fee Information

  • Association Fee Includes: Insurance, Cable TV, Common Area, Maintenance Exterior, Trash, Pest Control, Sewer, Water

Lot Info

  • Development Status: Land Owned
  • Parcel #: 50434315350005020
  • Zoning: R-D(1) - Moderate

Rental Info

  • Pets Other: 2 pets allowed

Multi Family

  • Number Of Units Total: 60
  • Maintenance Expense: 1001.63

Tax Info

  • Tax Annual Amount: 12015.0
  • Tax Year: 2022

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 5, 2023
Closed on
Nov 6, 2023
Sold by
Coughlin Thomas
Bought by
Hammer Dru
Seller's Agent
MARYANN CHOPP
Sotheby's International Realty, Inc.
Buyer's Agent
darren marotta
Engel & Völkers-Wellington
List Price
$1,825,000
Sold Price
$1,350,000
Premium/Discount to List
-$475,000
-26.03%
Views
201

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
10.15%

Purchase Details

Closed on
Apr 14, 2003
Sold by
Pascoe Shirley M and Goldberg Jeffrey
Bought by
Coughlin Thomas and Coughlin Sheila

Purchase Details

Closed on
Jan 31, 1994
Sold by
Kausal John R
Bought by
Pascoe Shirley
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 Type Sale Price Title Company
Warranty Deed $1,350,000 None Listed On Document
Deed $355,000 --
Warranty Deed $155,000 --
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/11/2025 09/11/25 For Sale $1,899,000 +40.7% $2,180 / Sq Ft
11/08/2023 11/08/23 Sold $1,350,000 -12.9% $1,550 / Sq Ft
10/30/2023 10/30/23 Pending -- -- --
07/27/2023 07/27/23 Price Changed $1,550,000 -8.6% $1,780 / Sq Ft
05/19/2023 05/19/23 Price Changed $1,695,000 -7.1% $1,946 / Sq Ft
04/05/2023 04/05/23 For Sale $1,825,000 -- $2,095 / Sq Ft
Source: Palm Beach Board of REALTORS®

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 $19,243 $1,262,000 -- --
2023 $15,505 $774,400 $0 $0
2022 $12,015 $704,000 $0 $0
2021 $10,777 $640,000 $0 $640,000
2020 $10,459 $620,000 $0 $620,000
2019 $9,506 $535,000 $0 $535,000
2018 $8,820 $515,000 $0 $515,000
2017 $8,667 $515,000 $0 $0
2016 $8,151 $435,600 $0 $0
2015 $7,672 $396,000 $0 $0
2014 $6,633 $360,000 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • d

    Seller's Agent in 2025

    darren marotta

    Engel & Völkers-Wellington

    (917) 575-6361

    1 in this area

    16 Total Sales

    darren marotta
    Section Image

  • M

    Seller's Agent in 2023

    MARYANN CHOPP

    Sotheby's International Realty, Inc.

    (561) 351-1277

    5 in this area

    42 Total Sales

    MARYANN CHOPP
    Section Image
See All Agents

About Lake Towers

Map

Source: Palm Beach Board of REALTORS®

MLS Number: 23-640

APN: 50-43-43-15-35-000-5020

Florida Palm Beach County Palm Beach 33480 North End

250 Bradley Place Unit 502, Palm Beach, FL

This home is located at 250 Bradley Place Unit 502, Palm Beach, FL 33480 and is currently priced at $1,350,000, approximately $1,549 per square foot. This property was built in 1963. 250 Bradley Place Unit 502 is a home located in Palm Beach County with nearby schools including Palm Beach Public School, Conniston Middle School, and Palm Beach Lakes Community High School.

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