Lake Park Homes under $500,000

Lake Park Homes under $500,000

Welcome to Lake Park, Florida – a hidden gem nestled in the heart of Palm Beach County! This vibrant coastal town is known for its lush landscapes, friendly community, and a laid-back lifestyle that perfectly embodies the spirit of Florida living. With its picturesque waterfront views and proximity to the stunning beaches of the Atlantic Ocean, Lake Park offers residents a unique blend of tranquility and excitement.

One of the most enticing aspects of Lake Park is its diverse real estate market, particularly for those seeking homes under $500,000. Whether you are a first-time homebuyer, a young family, or looking to downsize, Lake Park has a variety of options that cater to different lifestyles and budgets. From charming single-family homes with lush gardens to modern townhouses and cozy condos, there’s something for everyone.

Residents enjoy easy access to local parks, recreational facilities, and a range of dining and shopping options that make everyday living a delight. The community hosts various events throughout the year, fostering a strong sense of belonging and camaraderie among neighbors. Plus, with its prime location, you’re just a short drive away from the bustling attractions of West Palm Beach and the serene beauty of the nearby beaches.

In Lake Park, you’ll find not just a house, but a place to call home. Discover the perfect property that suits your needs and experience the charm of this delightful town. Your dream home awaits in Lake Park, where affordability meets quality living!

Newest Lake Park Homes under $500,000

1010 LAKE SHORE Drive Unit 202, Lake Park
$260,000
2 Beds ⋅ 2 Baths ⋅ B26083972 MLS ⋅ 1010 BLDG.
Enjoy the Florida lifestyle in this updated 2BR/2BA condo located in a desirable gated waterfront community. Ideally situated just steps from the Intracoastal Waterway and minutes from the ocean, this home offers a fantastic combination of location, comfort, and amenities. The updated interior features granite countertops, stainless steel appliances, marble and wood flooring, and a beautiful claw-foot tub in the primary bath. Community amenities include a waterfront pool, fitness center, beach area, and grilling area, all complemented by spectacular water views. Relax poolside, soak up the Florida sunshine, or watch the boats cruise along the Intracoastal. Conveniently located near beaches, shopping, dining, and more. Don't miss this opportunity to enjoy waterfront living in Bay Reach! Documents attached

1010 LAKE SHORE Drive Unit 202, Lake Park
207 BAYBERRY Drive, Lake Park
$489,900
3 Beds ⋅ 2 Baths ⋅ B26081704 MLS ⋅ Kelsey City BLDG.
Welcome to this inviting 4-bedroom, 2-bath home in Lake Park! This single-story residence offers a comfortable layout with generous living space and a spacious yard for relaxing, entertaining, or enjoying the outdoors. The home also features a finished garage for convenient parking and additional storage, along with an open and functional layout designed for everyday living. Ideally situated near shopping, dining, parks, schools, and major roadways, this property offers comfortable everyday living in a convenient Palm Beach County location.

207 BAYBERRY Drive, Lake Park
730 W ILEX Drive, Lake Park
$400,000
3 Beds ⋅ 1 Baths ⋅ B26080946 MLS ⋅ Lake Park BLDG.
PRESENTLY RENTED MONTH TO MONTH, 2-3/ 1 WITH GARAGE,NEEDS UPDATING , ESTATE SALE, VERY LARGE BACK YARD, LOTS OF ROOM AND ABILITY TO IMPROVE PROPERTY, MUST MAKE APPOINTMENTS TO SHOW, CBS , CENTRAL A/C, NEW WATER HEATER,TERAZZO FLOORING,GOOD AREA, CLOSE TO EVERYTHING.

730 W ILEX Drive, Lake Park
301 LAKE SHORE Drive Unit 201, Lake Park
$420,000
2 Beds ⋅ 2 Baths ⋅ B26080751 MLS
Intracoastal Water views take center stage in this desirable 2nd-floor corner residence! Enjoy sparkling water views, beautiful sunrises and colorful evening skies from the comfort of home, creating a true South Florida waterfront lifestyle. This spacious 1363 square foot 2BR/2BA is filled with abundant natural light and features full impact windows, a large kitchen with eat-in counter, in-unit washer/dryer, covered parking and gated access. Ideally located near the marina, Singer Island and the West Palm Beach waterfront corridor. Come for the views, stay for the lifestyle.

301 LAKE SHORE Drive Unit 201, Lake Park
1501 Crescent Circle Unit C27, Lake Park
$146,500
2 Beds ⋅ 2 Baths ⋅ A12095890 MLS
Calling all investors! Secure immediate cash flow with this 100% turnkey, tenant-ready, 2-bedroom, 1.5-bathroom apartment in the heart of West Palm Beach. A highly desirable immediate leasing policy with no waiting period to rent, this income-producing asset allows you to capitalize on a projected monthly rent of $1,900 from day one. The beautifully renovated interior features a fresh move-in-ready layout, crisp neutral paint, and efficient central A/C designed to maximize renter appeal, capture strong market rates, and minimize vacancy. Renters will love the convenience of dedicated assigned parking and a prime location that places them just minutes from world-class shopping, dining, entertainment, and South Florida’s beautiful beaches. Positioned in a high-demand rental pocket with highly flexible rules, this low-maintenance property is the perfect hassle-free addition to your investment portfolio. Schedule your showing today and start collecting income immediately.

1501 Crescent Circle Unit C27, Lake Park
1105 Lake Shore Drive Unit 205, Lake Park
$240,000
1 Beds ⋅ 1 Baths ⋅ B26079643 MLS
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!

1105 Lake Shore Drive Unit 205, Lake Park
1500 CRESCENT Circle Unit B215, Lake Park
$139,000
2 Beds ⋅ 1 Baths ⋅ B26079248 MLS ⋅ Timberlake BLDG.
This 2-bedroom, 1-bath condominium in Lake Park offers efficient living in a two-story floor plan within the Apartments at Timberlake Condo community. With 773 square feet of finished space, the unit provides comfortable proportions for everyday living. Ownership of this property represents a solid investment opportunity in an established residential community. The condo's layout and size make it an accessible entry point for those seeking to build equity in real estate.

1500 CRESCENT Circle Unit B215, Lake Park
810 LAKE SHORE Drive Unit 25, Lake Park
$200,000
2 Beds ⋅ 1 Baths ⋅ B26077781 MLS
Welcome to this charming 2-bedroom, 1-bath condo in the heart of Lake Park. One of only a few residences in the community featuring an in-unit washer and dryer, this home also offers impact windows and doors throughout for added security, efficiency and peace of mind. Additional highlights include spacious bedrooms, an updated bathroom, newer kitchen appliances, a tankless water heater and stylish Carrara tile flooring. Conveniently located near Kelsey Park, the Intracoastal Waterway, dining, shopping and area beaches,

810 LAKE SHORE Drive Unit 25, Lake Park
801 Lake Shore Drive Unit 801, Lake Park
$449,000
2 Beds ⋅ 2 Baths ⋅ A12087633 MLS ⋅ 801 BLDG.
Location! Location! 2BD/2BA on the Wide Open Intracoastal Waterways! The most sought after Top 8th Floor end-unit and with ocean views across to Singer Island. This end-unit with a private entry features an open floor plan, wall to wall sliding doors, over sized windows throughout with generous natural light and wide open water views and a private open balcony to enjoy your resort-style everyday living. The main bedroom is spacious, with room enough for a sitting area and endless water views, dressing area, walk-in closet and a private water closet with shower. The 2nd bedroom offers a large space with wall to wall floor to ceiling closet, a detached bathroom with shower and a private view of the pool deck and resort-style amenities. This unit also features washer/dryer, hurricane shutters, Private Covered Parking and a large detached storage-room. This resort-style Condominium offers 2 crystal clear swimming pools, 1-heated, loungers, shading canopies, table & chairs, BBQ grills, putting green, shuffle board, outdoor billiard's, fishing, freshwater filet table, social room with a full kitchen, library, big screen TV, Mailroom, new elevators and a backup generator. This Property sits next to beautiful Kelsey Park with Pickleball & Tennis courts and Vita course and a short distance to Lake Park Marina and boat ramp, Downtown LP is Historic Town Hall, theater, restaurants, shopping, gym, pubs, or short drive to Beaches, Nature Walks, Kayaking, Diving or Highways and Airports...

801 Lake Shore Drive Unit 801, Lake Park
401 Lake Shore Drive Unit 802, Lake Park
$344,000
2 Beds ⋅ 2 Baths ⋅ B26075572 MLS ⋅ Lake Harbour Towers BLDG.
Welcome to Penthouse 802 at 401 Lake Shore Dr, a spectacular waterfront residence in one of West Palm Beaches most desirable boutique condominiums. Perched directly on the beautiful Lake Worth Lagoon, this exceptional penthouse offers a million-dollar view that becomes the backdrop to everyday life. Wake up to manatees, turtles and stingrays, enjoy peaceful sunsets, & experience the unique sense of tranquility that comes with living directly on the Intracoastal waterway. This spacious, well maintained 2/2 offers a beautifully appointed kitchen and bathrooms, plenty of storage, a covered carport space near the entry, elevated pool and covered entertaining area with firepit. Walking distance to Lake Park Marina, Kelsey Park, and Nautilus 220. The perfect northern Palm Beach County location.

401 Lake Shore Drive Unit 802, Lake Park
519 EVERGREEN Drive, Lake Park
$400,000
3 Beds ⋅ 2 Baths ⋅ B26075241 MLS ⋅ Kelsey City BLDG.
Welcome to historic Kelsey City in Lake Park! Opportunity found here! This 1983 CBS home offers a fantastic opportunity to create something truly your own in a neighborhood that continues to evolve, with homeowners renovating, improving and bringing life to the area. This home has a clean, functional and usable floor plan and is ready for a new owner to add their personal style, updates and finishing touches. Whether you're looking for a primary residence, seasonal home or an opportunity to renovate and make it your own, the possibilities are here. NO HOA means freedom- bring your boat, park your RV and enjoy Florida lifestyle! Conveniently located near beautiful beaches, restaurants, boating, shopping & more. Don't pay for someone else's renovations-Come see the possibilities here ! AC REPLACED 2021, HOT WATER HEATER 2026, UPDATED ENTIRE SPRINKLER SYSTEM MAY 2026, ROOF 2005

519 EVERGREEN Drive, Lake Park
1500 CRESCENT Circle Unit A14, Lake Park
$155,000
2 Beds ⋅ 1 Baths ⋅ B26073001 MLS ⋅ Timberlake BLDG.
This beautiful renovated condo at Apartments at Timberlake in Lake Park offers 773 square feet of finished living space across two bedrooms and one bathroom. From open layout kitchen with stainless steel appliances to flooring and renovated bathrooms, everything has been tastefully updated and ready for it's new owner. This condo is centrally located, close to highways and shopping. Schedule a showing asap!

1500 CRESCENT Circle Unit A14, Lake Park
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