NOT LISTED FOR SALE

1035 Lake Shore Dr Unit 206 West Palm Beach, FL 33403

Estimated Value: $197,000 - $245,000

1 Bed
1 Bath
760 Sq Ft
1989 Built

Last Sold October 19, 2020

Last sale price $142,000 $187 Per Sq Ft

Est. 51% increase in value since last sale

Current estimated payment $1,468/month

Highlights

  • Gated Community
  • Wood Flooring
  • Guest Parking
  • Clubhouse
  • Community Pool
  • Central Heating and Cooling System

About This Home

As of May 2023

Come embrace all the pleasures living on the Intracoastal has to offer. Enjoy the sunrise at the pool and workout facility situated on the Intracoastal Waterway. This light & airy contemporary unit was recently renovated to include an upgraded kitchen, upgraded master bathroom, upgraded flooring, new AC, FREE Cable TV and 3 wall mounted flat screen TV's ,entertainment console, and extra storage space included. Conveniently located close to retail, restaurants, beaches and local airports. This rare opportunity won't last long. ** Water & Cable TV included - Reserved Parking **

Last Agent to Rent the Property

Douglas Holcomb

Palm Paradise Realty Group License #3422844 Listed on: 04/04/2023

Last Renter's Agent

Douglas Holcomb

Palm Paradise Realty Group License #3422844 Listed on: 04/04/2023

Condo Details

Home Type

  • Condominium

Year Built

  • Built in 1989

Lot Details

  • North Facing Home

Interior Spaces

  • 760 Sq Ft Home
  • 2-Story Property
  • Partially Furnished
  • Washer

Kitchen

  • Cooktop
  • Microwave
  • Dishwasher
  • Disposal

Flooring

  • Wood
  • Ceramic Tile

Bedrooms and Bathrooms

  • 1 Main Level Bedroom
  • 1 Full Bathroom

Home Security

Parking

  • Guest Parking
  • Assigned Parking

Utilities

  • Central Heating and Cooling System
  • Electric Water Heater

Listing and Financial Details

  • Security Deposit $2,150
  • Property Available on 5/2/23
  • Assessor Parcel Number 36434221280062060

Community Details

Recreation

  • Community Pool

Pet Policy

  • Pet Deposit $250

Security

  • Gated Community
  • Fire and Smoke Detector

Additional Features

  • Bay Reach Condo Subdivision
  • Clubhouse

Condo Details

Home Type

Condominium

Year Built

Built in 1989

Lot Details

0

Rental Info

  • Tenant Pays: Electricity
  • Available Date: 2023-05-02
  • Security Deposit: 2150.0
  • Pet Deposit: 250.0

Listing Details

  • Prop. Type: Residential Lease
  • Property Sub Type: Condominium
  • Property Sub Type Additional: Condominium
  • Directions: RT#95 to Northlake EAST. SOUTH on US 1 to LEFT on PALMETTO. Turn LEFT into Bay Reach.
  • Year Built: 1989
  • Pets No Pets Comments: Other Pet Restrictions:Owner's Approval
  • DelayedMarketingYN: No
  • Special Features: VirtualTour

Interior Features

  • Interior Amenities: Tub Shower
  • Main Level Bedrooms: 1
  • Furnished: Partially
  • Appliances: Cooktop, Dishwasher, Electric Water Heater, Disposal, Microwave, Range, Refrigerator, Washer
  • Full Bathrooms: 1
  • Total Bedrooms: 1
  • Flooring: Ceramic Tile, Wood
  • Living Area: 760.0
  • Stories: 2

Exterior Features

  • Pool Features: Association
  • Pool Private: No
  • Waterfront Features: None
  • Waterfront: No
  • Direction Faces: North

Garage/Parking

  • Garage Yn: No
  • Parking Features: Assigned, Guest

Utilities

  • Laundry Features: Inside
  • Security: Fire Alarm, Gated Community, Smoke Detector(s)
  • Cooling: Central Air, Electric
  • Cooling Y N: Yes
  • Heating: Central, Electric
  • Heating Yn: Yes

Condo/Co-op/Association

  • Pets Allowed: Yes
  • Community Features: Gated
  • Senior Community: No
  • Amenities: Clubhouse, Pool
  • Pets Allowed: Pet Restrictions
  • Common Interest: Condominium

Lot Info

  • Parcel #: 36434221280062060
  • Land Lease Amount Frequency: Monthly
  • Mobile Dim Units: Feet

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 25, 2020
Closed on
Oct 19, 2020
Sold by
Master Group Inv Llc
Bought by
Salha Michael
Seller's Agent
Jorge Roa Ruiz
Streamline Realty FL LLC
Buyer's Agent
Douglas Holcomb
Palm Paradise Realty Group
List Price
$155,000
Sold Price
$142,000
Premium/Discount to List
-$13,000
-8.39%
Current Estimated Value
$214,060

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$72,060
Avg. Annual Appreciation
8.10%
Original Mortgage
$120,700
Outstanding Balance
$106,668
Interest Rate
2.8%
Mortgage Type
New Conventional
Estimated Equity
$107,392

Purchase Details

Closed on
Dec 2, 2019
Sold by
Sucur Mihaila
Bought by
Master Group Inv Llc

Purchase Details

Closed on
Dec 21, 2009
Sold by
Sucur Mihaila
Bought by
Bay Reach Condominium Association Inc

Purchase Details

Closed on
Mar 6, 2006
Sold by
Wong Tony Lee and Wong Karen
Bought by
Sucur Mihaila

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$175,500
Interest Rate
2.75%
Mortgage Type
Fannie Mae Freddie Mac

Purchase Details

Closed on
Sep 13, 2004
Sold by
Bay Reach Development Llc
Bought by
Wong Tony Lee
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Salha Michael $142,000 Partnership T&E Llc
Master Group Inv Llc $80,100 None Available
Bay Reach Condominium Association Inc -- None Available
Sucur Mihaila $195,000 Affordable Title Ins Llc
Wong Tony Lee $131,990 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Salha Michael $120,700
Previous Owner Sucur Mihaila $175,500
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
05/15/2023 05/15/23 Rented $2,100 -2.3% --
04/04/2023 04/04/23 For Rent $2,150 -10.4% --
11/01/2022 11/01/22 Rented $2,400 -11.1% --
06/08/2022 06/08/22 For Rent $2,700 0.0% --
10/19/2020 10/19/20 Sold $142,000 -8.4% $187 / Sq Ft View Prior Sale
09/19/2020 09/19/20 Pending -- -- --
07/25/2020 07/25/20 For Sale $155,000 -- $204 / Sq Ft
Source: BeachesMLS (Greater Fort Lauderdale)

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
2025 $4,261 $170,000 -- --
2024 $4,261 $181,000 -- --
2023 $4,092 $175,000 $0 $175,000
2022 $1,968 $113,300 $0 $0
2021 $1,905 $110,000 $0 $110,000
2020 $2,851 $110,000 $0 $110,000
2019 $2,268 $110,000 $0 $110,000
2018 $2,049 $105,000 $0 $105,000
2017 $1,991 $100,000 $0 $0
2016 $1,941 $53,440 $0 $0
2015 $1,916 $48,582 $0 $0
2014 $1,671 $44,165 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: BeachesMLS (Greater Fort Lauderdale)

MLS Number: R10878907

BeachesMLS (Greater Fort Lauderdale)

APN: 36-43-42-21-28-006-2060