Property detail

Location Address 1040 LAKE SHORE DR APT 206
Municipality LAKE PARK
Parcel Control Number 36-43-42-21-28-007-2060
Subdivision BAY REACH CONDOMINIUM
Official Records Book/Page 34269 / 1575
Sale Date 04/14/2023
Legal Description BAY REACH CONDOMINIUM UNIT 206 BLDG 1040

Owner INFORMATION

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Owner(s) Mailing Address
BR 1040 LLC
340 ROYAL POINCIANA WAY STE 317-351
PALM BEACH FL 33480 4154

Sales INFORMATION

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Sales Date Price OR Book/Page Sale Type Owner
04/14/2023 $10 34269 / 01575 QUIT CLAIM BR 1040 LLC
04/29/2013 $93,000 25999 / 00859 WARRANTY DEED MCCARTHY KRASSIMIRA
12/31/2012 $53,100 25754 / 00477 WARRANTY DEED FAN JUNMING
10/20/2004 $139,990 17685 / 00670 WARRANTY DEED COUCELO ALBERT

NOTE: Sales do not generally appear in the PAPA database until approximately 1 to 3 weeks after the closing date.
If a recent sale does not show up in this list, please allow more time for the sale record to be processed.

Exemption INFORMATION

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No Exemption Information Available.

Property INFORMATION

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SUBAREA AND SQUARE FOOTAGE
FOR BUILDING 1

Code Description square Footage
BAS Base Area 746
BLC Balcony 24
FGR Finished Garage 189
Total Square Footage 959
Area Under Air 746

Number of Units 1
Total Square Feet* 760
Acres
Property Use Code 0400—CONDOMINIUM
Zoning R1AA—R1AA RESIDENCE DISTRICT (36-LAKE PARK)

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*May indicate living area in residential properties.

Structural Element
for Building 1

Name BAY REACH CONDO ***
Area 760
Year Built 1989
No of Bedroom(s) 1
No of Bath(s) 1
No of Half Bath(s)
Exterior Wall 1 MSY: CB STUCCO
Air Condition DESC HTG & AC
Heat Type FORCED AIR DUCT
Exterior Wall 2 NONE
Roof Structure WOOD TRUSS
Roof Cover CONCRETE TILE
Interior Wall 1 DRYWALL
Interior Wall 2 N/A
Floor Type 1 CARPETING
Floor Type 2 CERAMIC/QUARRY TILE
Stories 1

Print Building 1 Details

 

Sketch
for Building 1

Property Extra Features

Description Year Built Units
Finished Garage 1989 220

Property Land Details

No Land Details Available

Appraisals

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Tax Year 2025 2024 2023 2022 2021
Improvement Value $174,985 $185,330 $179,391 $158,452 $114,513
Land Value $0 $0 $0 $0 $0
Total Market Value $174,985 $185,330 $179,391 $158,452 $114,513
Tax Year 2025 2024 2023 2022 2021 2020 2019 2018 2017 2016
Improvement Value $174,985 $185,330 $179,391 $158,452 $114,513 $114,513 $112,714 $107,714 $102,750 $102,750
Land Value $0 $0 $0 $0 $0 $0 $0 $0 $0 $0
Total Market Value $174,985 $185,330 $179,391 $158,452 $114,513 $114,513 $112,714 $107,714 $102,750 $102,750

All values are as of January 1st each year

Assessed & taxable values

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Tax Year 2025 2024 2023 2022 2021
Assessed Value $174,985 $185,330 $138,560 $125,964 $114,513
Exemption Amount $0 $0 $0 $0 $0
Taxable Value $174,985 $185,330 $138,560 $125,964 $114,513
Tax Year 2025 2024 2023 2022 2021 2020 2019 2018 2017 2016
Assessed Value $174,985 $185,330 $138,560 $125,964 $114,513 $114,513 $112,714 $107,714 $102,750 $93,859
Exemption Amount $0 $0 $0 $0 $0 $0 $0 $0 $0 $0
Taxable Value $174,985 $185,330 $138,560 $125,964 $114,513 $114,513 $112,714 $107,714 $102,750 $93,859

Taxes

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Tax Year 2025 2024 2023 2022 2021
AD VALOREM $3,642 $3,858 $3,180 $2,934 $2,535
NON AD VALOREM $600 $493 $409 $437 $405
TOTAL TAX $4,243 $4,351 $3,589 $3,371 $2,940
Tax Year 2025 2024 2023 2022 2021 2020 2019 2018 2017 2016
AD VALOREM $3,642 $3,858 $3,180 $2,934 $2,535 $2,554 $2,538 $2,366 $2,356 $2,331
NON AD VALOREM $600 $493 $409 $437 $405 $398 $387 $364 $364 $321
TOTAL TAX $4,243 $4,351 $3,589 $3,371 $2,940 $2,952 $2,925 $2,730 $2,720 $2,652

BUYERS TAKE NOTE: Taxes will change and often increase substantially when a property sells. The seller’s exemption benefits will GO AWAY the year after they sell and this may result in higher taxes for a buyer. Please use the Property Tax Calculator to get a better annual tax estimate if you are purchasing this property.