1030 Lake Shore Drive

Lake Park, FL 33403

$250,000

$271/ft²

2Beds

2Baths

923Sq ft

1989Year built

CondoType

About this home

Priced to sell! Looking for a 2 bed/2 bath on the water, in Palm Beach's hottest developing area? Welcome to the Community of Bay Reach, right on the Intracoastal with deeeeep water views of the Blue Heron Bridge and Peanut Island. Unit #103 was professionally reimagined and renovated, offering a turn key opportunity for move-in. The unit is a very bright ground floor/garden apartment and comes with new LVT flooring throughout, stainless steel appliances, washer, dryer and many more upgrades (furniture & artwork optional). You will also get a deeded 1 car garage + 1 car drive-way. Bay Reach is a charming little Italian village on the water, the Clubhouse is right by the water offering stunning views from the pool, the gym and the little beach area. Schedule your showing today!

Features

Waterfront
Private pool

Property details

Listing

MLS #: B26051610
Status: For sale
Listed on: Jul 13, 2026
Days on market: 27 days
Listing data updated: Jul 17, 2026

Interior

Beds: 2
Baths: 2
Living area: 923 ft²
Price per ft²: $271/ft²
Unit: 103

Building & community

Type: Condo
Year built: 1989
HOA fee: $678/mo
County: Palm Beach

Lot & exterior

Waterfront: Yes
Private pool: Yes

Days on market, price per ft² and the monthly HOA amount are calculated by this site from the MLS data shown; the association fee is normalized to a monthly figure.

True monthly cost

Mortgage (principal & interest): $1,264
Property taxes (est.): $229
Home insurance (est.): $233
Flood insurance (est.): —
HOA fee: $678

Estimated total$2,404*/mo

* Some cost lines aren't available yet for this listing; the total shown is incomplete.

Based on 20% down, a 6.5% rate and a 30-year loan, plus this home's estimated Florida carrying costs. All figures are illustrative estimates — not quotes, not financial or insurance advice.

Sources: flood zone — FEMA National Flood Hazard Layer; mortgage, taxes and insurance figures — this site's own estimates; HOA / CDD — as reported for this listing.

What will this home really cost you?

Building structural health (SIRS)

No filing record found

We couldn't find a SIRS filing record for this building in Florida's public DBPR database. That is not a red flag by itself: buildings under three stories are exempt, recent or mailed-in filings may not appear yet, and the name or address on file may differ from this listing.

Questions about this

What is a SIRS and why does it matter?

Since the Surfside collapse, Florida requires condo and co-op buildings three stories or taller to complete a Structural Integrity Reserve Study: an inspection-based plan that forces the association to fund structural repairs (roof, load-bearing walls, plumbing, electrical) instead of deferring them. It matters because underfunded buildings are the ones that surprise owners with large special assessments.

Has this building filed its SIRS?

We didn't find a filing record for this building in the DBPR's public database. Absence of a record does not mean the building is out of compliance — it may be exempt (under three stories), the filing may be recent or on paper, or the recorded name/address may differ. It IS the right question to ask before offering.

What is a special assessment?

A one-off charge the association levies on every owner when reserves don't cover a needed repair — in older coastal buildings they have ranged from a few thousand to over $100,000 per unit. The SIRS exists precisely to make these predictable and funded in advance. Always review the building's budget, reserves and meeting minutes before buying.

What should I check before buying in this building?

Florida law gives buyers the right to review the association's SIRS, milestone inspection reports, budget and reserves — the full study is available from the association by written request. Nilyan requests and walks through these documents with her buyers as part of the offer process.

Source: Florida DBPR public SIRS reporting database. Filing status is self-reported by the association; this is not an audit, inspection or safety certification, and absence of a record does not mean non-compliance. Data as of July 30, 2026.

Want the full structural picture of this building before you offer?