$240,000
1105 Lake Shore Drive 205
Explore the area: Lake Park homes for sale · Palm Beach County real estate
Price Check
How this price compares
- List price
- $240,000
- Price per sq ft
- $316
- Vs. nearby sales
- 20.6% above
- Days on market
- 15
This 1-bedroom condo in Bay Reach Condo is listed at $240,000, or $316 per square foot. It has been on the market for 15 days. The 6 most recent condo sales in the closings shown below sold at a median of $262 per square foot, so the asking price is 20.6% above what comparable homes here actually sold for.
Estimated monthly payment
$1,261 /mo
Principal and interest only, based on $48,000 down (20%), a 6.875% 30-year fixed rate. Property taxes, homeowners insurance, and the $595/mo HOA are not included.
Customize this estimateListing Snapshot
- Price
- $240,000
- Days on Site
- 15 Days
- Bedrooms
- 1
- Total Baths
- 1
- Full Baths
- 1
- Partial Baths
- 0
- Living Area
- 760 sqft
- Total Sq Ft
- 760 sqft
- Year Built
- 1989
- Property Type
- Condo
- MLS #
- B26079643
- Property Tax
- $4,410 (2026)
- HOA Fees
- $595 / Monthly
- Subdivision
- BAY REACH CONDO
- County
- Palm Beach
- Status
- Active
- Special Conditions
- Standard / Listed As Is
About This Property
Welcome home to this completely renovated 1-bedroom, 1-bath condo in Bay Reach Condo where the work is already done. The new owner can move in and enjoy it from day one. Luxury vinyl plank flooring runs throughout, with new baseboards and top-quality paint on every wall and ceiling. The electrical system is new, with updated outlets, a new lighting design, and dimmable fixtures so you can set the mood in every room. A new water heater and a new smoke detector add peace of mind. The kitchen was redesigned with enlarged cabinets for more storage and a full Samsung appliance suite: a 3-door refrigerator with water dispenser, a smart cooktop and oven with built-in air fryer and multiple cooking modes, and a large-capacity microwave. The bathroom has been fully remodeled, with new faucets, a beveled mirror, and high-quality finishes throughout. The master bedroom suite has blackout curtains for restful sleep and a barn door on the closet. Blinds cover every window, and every door has a new lock. A stack Whirlpool washer and dryer set is included, and the A/C was serviced in June 2026. A private attic gives you room for holiday décor, beach chairs, umbrellas, and seasonal items, so your living space stays clutter-free. The condominium is completing a full restoration, including structural work, fresh exterior paint, new flooring, driveways, and new landscaping. Even better, the HOA is expected to drop to about $548/month by December 2026. The fee covers high-speed internet, water, exterior insurance, and building maintenance. Boaters can rent dockage (based on availability) on the canal for their own vessel, and the community is pet-friendly. Updated inside, restored outside, and lower monthly costs on the way make it a rare find. Schedule your private showing today!
MLS media linkGeneral Features
- Property Type
- Condo
- Status
- Active
- Year Built
- 1989
- Property Condition
- Resale
- Number of Stories
- 2
- Levels
- Two / Multi Split / One
- Parking
- Assigned / Driveway / Guest / Shared Driveway
- Direction Faces
- North
- Lot Size (Acres)
- 0
- Living Sq Ft
- 760
- Total Sq Ft
- 760
- Structure Type
- Multi Family
- Sewer
- Public Sewer
- Water Source
- Public
- Zoning
- R1AA(c
Interior Features
- Appliances
- Dryer / Electric Range / Electric Water Heater / Ice Maker / Microwave / Range / Refrigerator / Water Heater / Washer
- Cooling
- Central Air
- Heating
- Central
- Flooring
- Ceramic Tile / Wood
- Interior Features
- Breakfast Bar / Family Dining Room / Separate Shower / Walk In Closets
- Laundry
- Inside / Laundry Closet / Washer Dryer Install Allowed
- Windows
- Blinds
- Main Level Bedrooms
- 1
- Main Level Baths
- 1
- Total Rooms
- 5
- Furnished
- Negotiable
Exterior Features
- Construction
- CBS Concrete Block Structure / Block / Stucco
- Roof
- Spanish Tile / Tile
- Architectural Style
- Mediterranean
- Pool Features
- Association
- Lot Features
- Zero Lot Line
- View
- Garden
Community & HOA
- HOA Fee
- $595 / Monthly
- HOA Includes
- Common Areas / Cable Tv / Insurance / Maintenance Grounds / Recreation Facilities / Sewer / Trash / Water
- Association Amenities
- Clubhouse / Fitness Center / Management / Picnic Area / Pool / Spa Hot Tub
- Community Features
- Gated / Property Manager On Site
- Security
- Gated Community / Smoke Detectors
- Utilities
- Cable Available / Sewer Available / Water Available
- Pets Allowed
- Breed Restrictions / Number Limit / Pet Restrictions / Size Limit / Yes
- Financing Terms
- Cash / Conventional
- Restrictions
- Buyer Approval Required / No Lease1st Year Owned / Ok To Lease
- MLS Area
- 5270
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
- 4
- Under Contract
- 4
- Median List Price
- $242,500
- Median $/Sq Ft
- $285
- Avg Days on Market
- 49
Frequently Asked Questions
- How do I schedule a tour of 1105 Lake Shore Drive 205, Lake Park, FL 33403?
- Use the Tour button on this listing to request a showing of 1105 Lake Shore Drive 205, 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 1105 Lake Shore Drive 205, Lake Park, FL 33403 still available?
- 1105 Lake Shore Drive 205, Lake Park, FL 33403 is currently listed as Active, and has been on the market 15 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 1105 Lake Shore Drive 205, Lake Park, FL 33403?
- With 20% down ($48,000) on the $240,000 list price and a 30-year fixed loan at an illustrative 6.875% rate, the estimated principal & interest for 1105 Lake Shore Drive 205, Lake Park, FL 33403 is about $1,261/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 1105 Lake Shore Drive 205, Lake Park, FL 33403?
- Getting pre-approved shows sellers you're a serious buyer and clarifies your true budget before you offer on 1105 Lake Shore Drive 205, 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 1105 Lake Shore Drive 205, Lake Park, FL 33403 have an HOA fee?
- Yes: 1105 Lake Shore Drive 205, Lake Park, FL 33403 carries an HOA fee of about $595 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 1105 Lake Shore Drive 205, Lake Park, FL 33403?
- 1105 Lake Shore Drive 205, 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 1105 Lake Shore Drive 205, Lake Park, FL 33403?
- Often, yes. The right offer on 1105 Lake Shore Drive 205, 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 PBP Real Estate LLC
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 September 27, 2026.
$240,000
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Listed by Gia Marie Freer, PBP Real Estate LLC
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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 $266 per square foot. The most recent closed on October 7, 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$321,150
Sold · October 7, 2026
1125 Lake Shore Drive 202
2 bed · 2 bath · 1,206 sqft · $266/sqft
$8,750 under the asking price
Sold$220,000
Sold · October 5, 2026
1020 Lake Shore Drive 202
2 bed · 2 bath · 1,206 sqft · $182/sqft
$39,500 under the asking price
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
See every recorded sale in Bay Reach Condo or find out what your Bay Reach Condo home is worth.
