Lake Park Homes under $2 million

Lake Park Homes under $2 million

Welcome to Lake Park, Florida—a hidden gem nestled in the heart of Palm Beach County. This charming coastal town boasts a vibrant community and a relaxed atmosphere, making it an ideal place for families, young professionals, and retirees alike. With its picturesque waterfront views and lush parks, Lake Park offers a serene escape while being just a stone's throw away from the bustling attractions of West Palm Beach.

One of the most appealing aspects of Lake Park is its diverse real estate market. For those looking to invest in a home without breaking the bank, there are numerous options available under $2 million. From cozy single-family homes to modern townhouses, Lake Park provides a range of properties that cater to various lifestyles and preferences. Many of these homes feature spacious layouts, updated amenities, and beautiful outdoor spaces, perfect for enjoying the Florida sunshine.

In addition to its affordable housing options, Lake Park is known for its rich cultural scene and community events. Residents can enjoy local art galleries, farmers' markets, and a variety of dining options that highlight the flavors of South Florida. Outdoor enthusiasts will appreciate the nearby beaches, parks, and recreational activities, ensuring that there’s always something to do.

Whether you’re seeking a peaceful retreat or a vibrant community, Lake Park offers the perfect blend of charm and convenience. Discover your dream home in this delightful town, where a bright future awaits you!

Newest Lake Park Homes under $2 million

220 Lake Shore Drive Unit 503, Lake Park
$1,895,000
2 Beds ⋅ 3 Baths ⋅ B26082625 MLS
Excellent investment opportunity. Tenant occupied at $10,000 per month! This fully furnished 2 bedroom, 2 1/2 bath residence plus den in the highly desireable Harborside section of Nautilus 220. Located on the 5th floor and facing directly East, this residence offers exquisite waterviews, sunrise and sunset views. Harborside residences provide the added convenience of drive up access allowing you to park your car directly outside of your residence. Den can be converted to 3rd bedroom or dining room. Features: Washer/Dryer (side by side), floor-to-ceiling hurricane impact windows/sliders, 10' ceilings, huge custom closets, Miele appliances, European porcelain tile/cabinetry, quartz countertops, electric blinds, glass enclosed shower(s), soaking tub, frontlit mirrors, and dual vanity. Luxurious Concierge Building. 6th floor pool deck w/ resort-style pool, firepit stations, jacuzzi/spa, grill stations, resident pavilion, carwash area, dog park/wash station, and putting green. Rooftop lap pool. Club Room, event space, guest suites, conference rooms, state of the art fitness center, yoga and pilates classes, spin/yoga studios, sauna, steam room, locker rooms, massage room, bowling alley/lounge, gaming tables, theater, golf simulator, off leash dog park, recording studio, kids' playroom, and teen room. Celebrity Chef David Burke's waterfront restaurants: Seahawk Prime and Birdie Bar & Grill and Café/Market to come. Live the luxury lifestyle at this exquisite Waterfront Oasis in the Palm Beaches with amenities galore and incomparable water views! This property is full-service resort-style with valet/self/assigned parking, vehicle charging stations, five-story parking garage, onsite concierge and property management, security, mailroom, package porter, beach access and parking on Singer Island, and bike/paddleboard storage. Beautiful design, artwork, expanding neighborhood.

220 Lake Shore Drive Unit 503, Lake Park

305 CYPRESS Drive Unit 1,2,3,4,5, Lake Park
$1,280,000
B26080606 MLS
INCOME-PRODUCING 5-UNIT INVESTMENT PROPERTY - 100% OCCUPIED! Exceptional opportunity to acquire a fully rented, well-maintained multifamily property offering immediate cash flow and an estimated 6.5% cap rate at a $1.28M purchase price, based on current income and operating expenses. The property consists of four spacious 2-bedroom, 1-bath units plus a separate standalone cottage, providing five individual rental units and a diversified income stream. All five units are currently rented, with established tenants, allowing a new owner to begin generating income from day one. The property is owner-managed and has been meticulously maintained inside and out, with attractive landscaping and excellent curb appeal. Tenants enjoy central air conditioning and impact windows, while the property also features an on-site surveillance system for added security. With tenants currently on month-to-month agreements, a new owner has added flexibility when developing a future rental and management strategy. The property also offers potential upside through future rent adjustments as market conditions allow. Ideally located just blocks from the Intracoastal Waterway and convenient to shopping, dining, employment, and entertainment. As an additional benefit, the main roof will be replaced prior to closing, helping reduce a significant near-term capital expense for the new owner. Whether you're expanding an existing portfolio or looking for a stabilized multifamily investment with immediate rental income, this is a rare opportunity to acquire a fully occupied, income-producing 5-unit property in a desirable Palm Beach County location.

305 CYPRESS Drive Unit 1,2,3,4,5, 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

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