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1020 Lake Shore Drive 202, Lake Park, FL 33403
Under Contract
202 Days on Market
1 / 30
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All Listings

$259,500

1020 Lake Shore Drive 202

Lake Park, FL 33403

BAY REACH CONDO

Explore the area: Lake Park homes for sale · Palm Beach County real estate

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.

2
Bedrooms
2
Bathrooms
1,206
Living Sq Ft
1989
Year Built

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 estimate

Listing 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 Tour

General 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

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
View all 5 homes for sale in Bay Reach →
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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