$409,000
$36K PRICE DROP

501 Lake Shore Dr Unit 505 West Palm Beach, FL 33403

Estimated payment $3,108/month

Total Views 4,547
2 Beds
2 Baths
1,316 Sq Ft
$311 Price per Sq Ft

Highlights

  • Property fronts an intracoastal waterway
  • Senior Community
  • Community Pool
  • Fitness Center
  • Gated Community
  • 2-minute walk to Kelsey Park

About This Home

Priced to sell! Rare opportunity to own an intracoastal waterfront condo with fully-funded reserves and no pending assessments. The 40 year reserve study has been completed including required repairs. This 2-bed, 2-bath condo offers upgrades such as AC(2019), hot water heater(2021), electrical panel with surge protector (2024), interior impact sliders(2017) three new impact windows(2023) and updated master bathroom(2023). Enjoy a spacious, private, screened and enclosed balcony with stunning views. This building presents a gated entrance, charming pool area with BBQ and putting green. This condo is close proximity to waterfront parks and recreation. Minutes to PBI airport and North Palm Beach Country Club.Exterior of building will begin being painted. Check out the property video.

Listing Agent

Shannon Zahn

Blue View Real Estate License #3458328

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $2,371

Year Built

  • Built in 1970

Lot Details

  • Property fronts an intracoastal waterway

HOA Fees

  • $627 Monthly HOA Fees

Interior Spaces

  • 1,316 Sq Ft Home
  • Ceiling Fan
  • Intracoastal Views
  • Security Gate

Kitchen

  • Electric Range
  • Microwave
  • Dishwasher
  • Disposal

Flooring

  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 2 Full Bathrooms
  • Separate Shower in Primary Bathroom

Parking

  • Over 1 Space Per Unit
  • Open Parking

Utilities

  • Central Heating and Cooling System
  • Municipal Trash
  • Cable TV Available

Listing and Financial Details

  • Assessor Parcel Number 36434221090005050
  • Seller Considering Concessions

Community Details

Overview

  • Senior Community
  • Association fees include cable TV, insurance, laundry, ground maintenance, maintenance structure, sewer, water
  • Lake Harbour Towers Condo Subdivision
  • 8-Story Property

Recreation

  • Fitness Center
  • Community Pool

Additional Features

  • Laundry Facilities
  • Gated Community

Property Details

Home Type

Condominium

Est. Annual Taxes

$2,371

Year Built

Built in 1970

Lot Details

0

HOA Fees

$627 per month

Listing Details

  • Prop. Type: Residential
  • Property Sub Type: Condominium
  • Property Sub Type Additional: Condominium
  • Directions: i95 to Blue heron, east to broadway ave and turn left (north). Turn right into building 501.
  • Year Built: 1970
  • Entry Level: 5
  • Year Built Details: Resale
  • Special Features: VirtualTour

Interior Features

  • Interior Amenities: Separate Shower
  • Furnished: Unfurnished
  • Appliances: Dishwasher, Electric Range, Disposal, Microwave, Refrigerator
  • Full Bathrooms: 2
  • Total Bedrooms: 2
  • Flooring: Carpet, Tile
  • Living Area: 1316.0
  • Dining Room Type: Storage Room
  • Stories: 8

Exterior Features

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

Garage/Parking

  • Attached Garage: No
  • Garage Yn: No
  • Open Parking: Yes
  • Parking Features: Detached, Garage, Open, Two or More Spaces

Utilities

  • Laundry Features: Common Area
  • Security: Security Gate
  • Cooling: Central Air, Ceiling Fan(s)
  • Cooling Y N: Yes
  • Heating: Central
  • Heating Yn: Yes
  • Sewer: Public Sewer
  • Utilities: Cable Available, Sewer Available, Water Available
  • Water Source: Public

Condo/Co-op/Association

  • Association Fee: 627.0
  • Community Features: Gated, Pool, Street Lights
  • Senior Community: Yes
  • Amenities: Fitness Center, Laundry, Pool, Trash
  • Association Fee Frequency: Monthly
  • Association: Yes
  • Pets Allowed: No

Fee Information

  • Association Fee Includes: Cable TV, Insurance, Laundry, Maintenance Grounds, Maintenance Structure, Sewer, Water

Lot Info

  • Parcel #: 36434221090005050
  • Zoning Description: R1AA(c

Tax Info

  • Tax Year: 2024
  • Tax Annual Amount: 2371.0

Map

Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





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 $2,516 $139,587 -- --
2023 $2,371 $135,521 $0 $0
2022 $2,363 $131,574 $0 $0
2021 $2,298 $127,742 $0 $0
2020 $2,268 $125,978 $0 $0
2019 $2,214 $123,146 $0 $0
2018 $2,085 $120,850 $0 $0
2017 $4,089 $162,500 $0 $0
2016 $1,897 $107,923 $0 $0
2015 $1,931 $107,173 $0 $0
2014 $1,934 $106,322 $0 $0
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/10/2025 02/10/25 Price Changed $409,000 -4.7% $311 / Sq Ft
01/23/2025 01/23/25 Price Changed $429,000 -4.5% $326 / Sq Ft
11/20/2024 11/20/24 For Sale $449,000 0.0% $341 / Sq Ft
11/18/2024 11/18/24 Price Changed $449,000 +147.4% $341 / Sq Ft
04/19/2017 04/19/17 Sold $181,500 -4.4% $138 / Sq Ft
03/20/2017 03/20/17 Pending -- -- --
01/27/2017 01/27/17 For Sale $189,900 -- $144 / Sq Ft
Source: BeachesMLS

Deed History

Date Type Sale Price Title Company
Interfamily Deed Transfer -- Attorney
Interfamily Deed Transfer -- Attorney
Warranty Deed $181,500 Attorney
Warranty Deed $108,000 --
Deed $65,000 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $136,125 New Conventional
Previous Owner $89,900 Unknown
Previous Owner $86,400 No Value Available
Source: Public Records

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Source: BeachesMLS

MLS Number: R11038115

BeachesMLS

APN: 36-43-42-21-09-000-5050