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1020 Lake Shore Drive 202
Explore the area: Lake Park homes for sale · Palm Beach County real estate
Price Check
How this price compares
- Asking price
- $259,500
- Price per sq ft
- $215
- Vs. nearby sales
- 21.2% below
- Days on market
- 202
This 2-bedroom condo in Bay Reach Condo went under contract with an asking price of $259,500, or $215 per square foot. The asking price has come down 14.9% from its original $305,000. It spent 202 days on the market before going under contract. The 6 most recent condo sales in the closings shown below sold at a median of $273 per square foot, so the asking price was 21.2% below what comparable homes here actually sold for.
Estimated monthly payment
$1,364 /mo
Principal and interest only, based on $51,900 down (20%), a 6.875% 30-year fixed rate. Property taxes, homeowners insurance, and the $783/mo HOA are not included.
Customize this estimateListing Snapshot
- Price
- $259,500
- Days on Site
- 202 Days
- Bedrooms
- 2
- Total Baths
- 2
- Full Baths
- 2
- Partial Baths
- 0
- Living Area
- 1,206 sqft
- Total Sq Ft
- 1,463 sqft
- Year Built
- 1989
- Property Type
- Condo
- MLS #
- R11161507
- Property Tax
- $4,868 (2025)
- HOA Fees
- $783 / Monthly
- Subdivision
- BAY REACH CONDO
- Development
- Bay Reach
- County
- Palm Beach
- Status
- Under Contract
- Special Conditions
- Listed As Is
About This Property
Experience luxury in waterfront Bay Reach, a gated community offering resort-style living. This immaculate second-floor condo features a 2 bedroom, 2 bathroom split floor plan. OHurricane impact windows. The master suite, complete with a spacious walk-in closet and en-suite bath are on the second floor. The updated kitchen complements the open living space. Also, enjoy doing laundry in the comfort of your own home as it comes with a washer and dryer. Community's amenities include a resort style pool with breathtaking Intracoastal views, an exclusive private beach area, and picnic areas. The clubhouse and fitness center, both provide a great view of the water. Schedule your showing today!
Virtual TourGeneral Features
- Property Type
- Condo
- Status
- Under Contract
- Year Built
- 1989
- Property Condition
- Resale
- Number of Stories
- 2
- Parking
- Assigned / Guest
- Direction Faces
- North
- Lot Size (Acres)
- 0
- Living Sq Ft
- 1,206
- Total Sq Ft
- 1,463
- Structure Type
- Multi Family
- Sewer
- Public Sewer
- Water Source
- Public
- Zoning
- Residential
Interior Features
- Appliances
- Dryer / Dishwasher / Electric Water Heater / Free Standing Freezer / Microwave / Refrigerator / Water Heater / Washer
- Cooling
- Ceiling Fans / Electric
- Heating
- Central / Electric
- Flooring
- Vinyl
- Interior Features
- High Ceilings / Living Dining Room / Pantry / Split Bedrooms / Tub Shower / Upper Level Primary / Walk In Closets
- Laundry
- Inside
- Windows
- Blinds
- Main Level Bedrooms
- 2
- Main Level Baths
- 2
- Furnished
- Unfurnished
Exterior Features
- Construction
- Block
- Roof
- Concrete / Tile
- Exterior Features
- Balcony / Outdoor Living Area
- Pool Features
- Association
- Patio & Porch
- Covered / Balcony
- Waterfront
- Yes
- Waterfront Features
- Intracoastal Access
Community & HOA
- HOA Fee
- $783 / Monthly
- HOA Includes
- Common Areas / Cable Tv / Insurance / Maintenance Grounds / Sewer / Trash / Water
- Association Amenities
- Clubhouse / Fitness Center / Picnic Area / Pool
- Community Features
- Gated
- Security
- Gated Community
- Utilities
- Cable Available / Sewer Available / Water Available
- Pets Allowed
- Number Limit / Size Limit / Yes
- Financing Terms
- Cash / Conventional / FHA / Va Loan
- Restrictions
- No Commercial Vehicles
- MLS Area
- 5270
This home's HOA fee works out to $783 a month, 18% above the $661 median across 5 homes for sale in Bay Reach Condo. See Bay Reach Condo HOA fees
Schools
- Elementary School
- Lake Park
- Middle School
- Howell L. Watkins
- High School
- Palm Beach Gardens
About the Community
Bay Reach Condo is a gated, waterfront community in Lake Park, Palm Beach County, Florida. Active listings are priced from $269,500 to $419,700. Homes were built starting 1989. Pure Equity lists homes in Bay Reach and represents buyers. Commission is negotiable, and what we are paid is agreed with you in writing before you commit to anything.
- Homes for Sale
- 5
- Median List Price
- $245,000
- Median $/Sq Ft
- $316
- Avg Days on Market
- 102
Frequently Asked Questions
- How do I schedule a tour of 1020 Lake Shore Drive 202, Lake Park, FL 33403?
- Use the Tour button on this listing to request a showing of 1020 Lake Shore Drive 202, Lake Park, FL 33403. Pick a day and time and choose an in-person or video-chat tour, and a Pure Equity agent will confirm your visit, often the same day.
- Is 1020 Lake Shore Drive 202, Lake Park, FL 33403 still available?
- 1020 Lake Shore Drive 202, Lake Park, FL 33403 is currently listed as Under Contract, and has been on the market 202 days. Status updates directly from the MLS as homes go under contract, so ask us to confirm availability before you plan a visit.
- How much is the monthly payment for 1020 Lake Shore Drive 202, Lake Park, FL 33403?
- With 20% down ($51,900) on the $259,500 list price and a 30-year fixed loan at an illustrative 6.875% rate, the estimated principal & interest for 1020 Lake Shore Drive 202, Lake Park, FL 33403 is about $1,364/mo, before property taxes, insurance, and HOA dues. Use the payment estimate on this page to adjust the down payment and rate.
- How do I get pre-approved to buy 1020 Lake Shore Drive 202, Lake Park, FL 33403?
- Getting pre-approved shows sellers you're a serious buyer and clarifies your true budget before you offer on 1020 Lake Shore Drive 202, Lake Park, FL 33403. Contact Pure Equity and we'll connect you with a trusted local lender to review your financing options, no obligation.
- Does 1020 Lake Shore Drive 202, Lake Park, FL 33403 have an HOA fee?
- Yes: 1020 Lake Shore Drive 202, Lake Park, FL 33403 carries an HOA fee of about $783 monthly. HOA dues usually cover community amenities and shared maintenance; ask us for the current budget, rules, and exactly what's included.
- What schools serve 1020 Lake Shore Drive 202, Lake Park, FL 33403?
- 1020 Lake Shore Drive 202, Lake Park, FL 33403 is zoned for Lake Park (elementary), Howell L. Watkins (middle), Palm Beach Gardens (high). School assignments and boundaries can change year to year, so confirm current zoning with the local school district before you buy.
- Can I negotiate the price of 1020 Lake Shore Drive 202, Lake Park, FL 33403?
- Often, yes. The right offer on 1020 Lake Shore Drive 202, Lake Park, FL 33403 depends on how it's priced against comparable condo sales in Lake Park, how long it's been listed, and how motivated the seller is. Pure Equity will run the comps and help you craft a competitive, well-supported offer.
Listing courtesy of Exit Realty Premier Elite
Listing information is provided by BeachesMLS, Inc.and is deemed reliable but not guaranteed accurate by the MLS or Pure Equity. Information is for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties. © 2026 BeachesMLS, Inc. Last updated June 23, 2026.
$259,500
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Listed by Kelly Christine Richter, Exit Realty Premier Elite
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Recent Sales
Recently sold homes in Bay Reach Condo
These are the last 6 recorded closings in Bay Reach Condo, with the price each home actually sold for rather than what it was listed at. They closed at a median of $289 per square foot. The most recent closed on August 28, 2026. Closed sales are what an appraiser and a buyer's agent will look at, so they are the starting point for pricing a home here.
Sold$207,000
Sold · August 28, 2026
1015 Lake Shore Drive 105
2 bed · 2 bath · 1,111 sqft · $186/sqft
$113,000 under the asking price
Sold$285,000
Sold · June 18, 2026
1020 Lake Shore Drive 105
2 bed · 2 bath · 1,111 sqft · $257/sqft
$10,000 under the asking price
Sold$240,000
Sold · June 5, 2026
1030 Lake Shore Drive 206
1 bed · 1 bath · 746 sqft · $322/sqft
$10,000 under the asking price
Sold$267,184
Sold · March 27, 2026
1015 Lake Shore Drive 102
2 bed · 2 bath · 923 sqft · $289/sqft
$22,816 under the asking price
Sold$410,000
Sold · March 23, 2026
1125 Lake Shore Drive 203
2 bed · 2 bath · 1,206 sqft · $340/sqft
$10,000 under the asking price
Sold$209,500
Sold · February 13, 2026
1025 Lake Shore Drive 202
2 bed · 2 bath · 1,206 sqft · $174/sqft
$15,500 under the asking price
See every recorded sale in Bay Reach Condo or find out what your Bay Reach Condo home is worth.






