NOT LISTED FOR SALE

1060 Lake Shore Dr Unit 201 West Palm Beach, FL 33403

Estimated Value: $388,656 - $445,000

2 Beds
2 Baths
1,206 Sq Ft
$806/mo HOA Fee

Last Sold October 11, 2024

Last sale price $425,000 $352 Per Sq Ft

Est. 2% decrease in value since last sale

Current estimated payment $3,661/month

243 Days on Market

Highlights

  • Property has ocean access
  • Gated Community
  • Community Pool
  • Property fronts an intracoastal waterway
  • Clubhouse
  • 1 Car Detached Garage

About This Home

As of October 2024

This home is located at 1060 Lake Shore Dr Unit 201, West Palm Beach, FL 33403 since 21 January 2024 and is currently estimated at $417,664, approximately $346 per square foot. This property was built in 1989. 1060 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.

Last Listed By

Veronica Bellew

Project Pegasus Inc. License #3196929 Listed on: 01/21/2024

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $5,888

Year Built

  • Built in 1989

Lot Details

  • 1

HOA Fees

  • $806 Monthly HOA Fees

Parking

  • Over 1 Space Per Unit
  • Driveway
  • Guest Parking
  • Assigned Parking

Home Design

  • Concrete Roof

Interior Spaces

  • 1,206 Sq Ft Home
  • 2-Story Property
  • Ceiling Fan
  • Combination Dining and Living Room
  • Intracoastal Views

Kitchen

  • Eat-In Kitchen
  • Breakfast Bar
  • Electric Range
  • Dishwasher

Flooring

  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 2 Bedrooms
  • Walk-In Closet
  • 2 Full Bathrooms

Laundry

  • Laundry Room
  • Washer and Dryer

Additional Features

  • Property has ocean access
  • Property fronts an intracoastal waterway
  • Central Heating and Cooling System

Listing and Financial Details

  • Assessor Parcel Number 36434221280102010

Community Details

Overview

  • Association fees include common areas, cable TV, water
  • Bay Reach Condo Subdivision

Recreation

  • Community Pool
  • Park

Additional Features

  • Clubhouse
  • Gated Community

Property Details

Home Type

Condominium

Est. Annual Taxes

$5,888

Year Built

Built in 1989

Lot Details

0

HOA Fees

$806 per month

Parking

1

Listing Details

  • Prop. Type: Residential
  • Property Sub Type: Condominium
  • Property Sub Type Additional: Condominium
  • Directions: US 1 Highway to Lake Shore Drive
  • Year Built: 1989
  • Entry Level: 201
  • Year Built Details: Resale
  • Special Features: None

Interior Features

  • Interior Amenities: Breakfast Bar, Eat-in Kitchen, Living/Dining Room, Walk-In Closet(s)
  • Furnished: Unfurnished
  • Appliances: Dryer, Dishwasher, Electric Range, Refrigerator, Washer/Dryer
  • Full Bathrooms: 2
  • Total Bedrooms: 2
  • Flooring: Carpet, Other, Tile
  • Living Area: 1206.0
  • Dining Room Type: Laundry
  • Stories: 2

Exterior Features

  • View: Intercoastal
  • Pool Features: None, Association, Community
  • Waterfront Features: Intracoastal Access, Ocean Access
  • Waterfront: Yes
  • Construction Type: Block
  • Property Condition: Resale
  • Roof: Concrete

Garage/Parking

  • Covered Parking Spaces: 1.0
  • Attached Garage: No
  • Garage Spaces: 1.0
  • Garage Yn: Yes
  • Parking Features: Assigned, Driveway, Detached, Garage, Guest, Two or More Spaces

Utilities

  • Cooling: Central Air, Ceiling Fan(s)
  • Cooling Y N: Yes
  • Heating: Central
  • Heating Yn: Yes
  • Sewer: Public Sewer
  • Utilities: Electricity Available, Sewer Available

Condo/Co-op/Association

  • Association Fee: 806.0
  • Community Features: Clubhouse, Gated, Park, Pool
  • Senior Community: No
  • Amenities: Clubhouse, Pool
  • Association Fee Frequency: Monthly
  • Association: Yes

Fee Information

  • Association Fee Includes: Common Areas, Cable TV, Water

Lot Info

  • Parcel #: 36434221280102010
  • Lot Size: East of US-1
  • Zoning Description: R1AA - R

Tax Info

  • Tax Year: 2023
  • Tax Annual Amount: 5888.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 21, 2024
Closed on
Oct 11, 2024
Sold by
Morrison Joint Revocable Trust and Morrison Robert A
Bought by
Jan South Llc
Seller's Agent
Veronica Bellew
Project Pegasus Inc.
Buyer's Agent
Joseph Matuella
LPT Realty, LLC
List Price
$550,000
Sold Price
$425,000
Premium/Discount to List
-$125,000
-22.73%
Total Days on Market
243
Views
83
Current Estimated Value
$417,664

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$7,336
Avg. Annual Appreciation
-6.59%

Purchase Details

Closed on
Jan 4, 2013
Sold by
Imbesi Morrison Robert G and Imbesi Morrison Claire
Bought by
Morrison Robert G

Purchase Details

Closed on
Jun 3, 2010
Sold by
Kierman Brian P
Bought by
Morrison Claire I

Purchase Details

Closed on
Jan 31, 2005
Sold by
Caloosa Partners Llc
Bought by
Kiernan Brian P

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$322,500
Interest Rate
1%
Mortgage Type
New Conventional

Purchase Details

Closed on
Nov 12, 2004
Sold by
Bay Reach Development Llc
Bought by
Caloosa Partners Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$262,792
Interest Rate
7%
Mortgage Type
Balloon

Range of Values:

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Average Value
Not Available
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
Jan South Llc $425,000 None Listed On Document
Morrison Robert G -- Attorney
Morrison Claire I $125,000 Direct Title Ins Agency Ltd
Kiernan Brian P $430,000 --
Caloosa Partners Llc $328,491 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Kiernan Brian P $322,500
Previous Owner Caloosa Partners Llc $262,792
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/11/2024 10/11/24 Sold $425,000 -11.5% $352 / Sq Ft
09/21/2024 09/21/24 Pending -- -- --
07/19/2024 07/19/24 Price Changed $480,000 -9.4% $398 / Sq Ft
05/23/2024 05/23/24 Price Changed $530,000 -1.9% $439 / Sq Ft
04/11/2024 04/11/24 Price Changed $540,000 -1.8% $448 / Sq Ft
01/21/2024 01/21/24 For Sale $550,000 -- $456 / Sq Ft
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 $6,286 $259,560 -- --
2023 $5,888 $235,964 $0 $315,391
2022 $5,479 $214,513 $0 $0
2021 $4,828 $210,513 $0 $210,513
2020 $4,585 $210,513 $0 $210,513
2019 $4,430 $218,896 $0 $218,896
2018 $4,058 $218,896 $0 $218,896
2017 $3,998 $218,934 $0 $0
2016 $3,656 $121,086 $0 $0
2015 $3,577 $110,078 $0 $0
2014 $3,178 $100,071 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Source: BeachesMLS

MLS Number: R10952364

BeachesMLS

APN: 36-43-42-21-28-010-2010