A cooperative in North Palm Beach, Florida
Lake Colony, North Palm Beach
A cooperative of 203 apartments in three corporations, built from 1965 to 1967, with a North Palm Beach address and living areas on the county roll of about 620 to 880 square feet.
Homes, years and sizes: Palm Beach County property records (2025 tax roll).
Overview
About Lake Colony
Lake Colony is a cooperative, not a condominium. The county roll counts 203 apartments in three corporations, Lake Colony Apts One, Two and Three, built from 1965 to 1967.
In a cooperative, the corporation owns the buildings and the land, and a resident owns shares tied to an apartment under a proprietary lease instead of holding a deed. That changes how a purchase works, from the documents to the financing, and it is the first thing we explain on any Lake Colony apartment.
Living areas on the roll run from about 620 to about 880 square feet, with the middle near 860. The three corporations were platted in three phases, and each has its own record on the county roll, so we confirm which one a given apartment belongs to.
Our records place Lake Colony in unincorporated Palm Beach County with a North Palm Beach address in the 33408 ZIP. We confirm the jurisdiction for a specific apartment.
At a glance
- Home type
- Cooperative apartments
- Built
- Mostly 1965 to 1967
- Living area
- About 620 to 880 sq ft
- Zip code
- 33408
- County
- Palm Beach County
- Association
- Lake Colony Apts One, Two and Three, Inc. (names as listed on the county roll)
On the market now
Homes for Sale in Lake Colony
Listings inside the boundary of Lake Colony, newest first, updated through the day from BeachesMLS. No homes are listed for sale here right now. New listings come up through the year; ask me to watch for one.
$199,000
For Sale
101 Doolen Court 205 North Palm Beach, Florida
1 Beds 1 Baths 640 SqFt
$185,000
For Sale
111 Doolen Court 110 North Palm Beach, Florida
2 Beds 1 Baths 880 SqFt
$170,000
For Sale
112 Doolen Court 306 North Palm Beach, Florida
1 Beds 1 Baths 640 SqFt
$189,000
For Sale
101 Doolen Court 307 North Palm Beach, Florida
2 Beds 1 Baths 880 SqFt
$174,900
Pending
101 Doolen Court 305 North Palm Beach, Florida
1 Beds 1 Baths 640 SqFt
$175,000
For Sale
130 Doolen Court 108 North Palm Beach, Florida
2 Beds 1 Baths 880 SqFt
All listings featuring the BMLS logo are provided by BeachesMLS, Inc. This information is not verified for authenticity or accuracy and is not guaranteed. Copyright © 2026 BeachesMLS, Inc. IDX information is provided exclusively for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by BeachesMLS. Listings held by brokerage firms other than Douglas Elliman Real Estate are identified with the listing firm’s name on each listing’s detail page. Listing data last updated Wednesday, November 4th, 2026 at 08:01:56 PM.
Closed sales
The Lake Colony Market
Closed sales inside the boundary of Lake Colony, every home type together. Medians and the middle range say more than any average, and in a community this size a single unusual sale can move a year.
Lake Colony recorded 8 closed sales in the twelve months through October 2026. Medians, so one unusual sale does not move them; we break the numbers out by home type for any home you are considering.
| Measure | Last 12 months | Year before | Change |
|---|---|---|---|
| Homes sold | 8 | 7 | +14% |
| Median sale price | $173,000 | $182,000 | -5% |
| Median price per sq ft | $213 | $270 | -21% |
| Active listings now | 0 |
BeachesMLS closed sales inside the boundary of Lake Colony, twelve months through October 2026, via IDX Broker. Active listings now is live from the MLS feed; the median asking price updates monthly. Listing information deemed reliable but not guaranteed.
Association and costs
The Lake Colony Association and What It Costs
Who runs the association, what governs it, and what current listings say the fee is.
| Association | Lake Colony Apts One, Two and Three, Inc. (names as listed on the county roll) |
|---|
Association Fees From Current Listings
| Association fee, median | $759 a month |
|---|---|
| Typical range | $499 to $836 a month |
| Association or manager named in listings | Associated Property Management, Lake Colony, Lake Colony Two |
| Usually covers | Common Areas, Insurance, Maintenance Grounds, Trash, Cable TV, Sewer, Water, Pest Control |
| Club membership | Not required |
From 17 current and recent BeachesMLS listings in Lake Colony, via IDX Broker, refreshed weekly. Fees are monthly equivalents of the association fees in each listing; condo, master and sub-association fees can stack. The recorded documents, the current budget and the estoppel govern.
What Else to Check
- Cooperative structure A cooperative corporation sets the monthly charge, which typically covers the corporation’s shared costs; we read the corporation’s documents and financials for a specific apartment.
- Taxes and insurance After a sale the assessed value resets the following January. Flood zone and roof age drive insurance quotes, so we check both for the address.
- Estoppel The closing agent orders an estoppel certificate from each association, which confirms what is owed at closing.
Documents to Review Before Closing
- Before you sign: the association disclosure summary and the parcel’s tax bill, including any non-ad valorem lines
- Before you sign: leasing and approval rules if you may rent, and architectural rules for exterior changes
- Before closing: estoppel certificates from every association that applies
Where it sits
Around Lake Colony
Places nearby.
Zoned Public Schools
At the center of Lake Colony, the School District of Palm Beach County zones Lake Park Elementary (elementary), Hl Watkins Middle (middle) and Palm Beach Gardens High (high). Boundaries are set by address and can change, so we confirm them for the home you are considering.
Elementary
- Lake Park Elementary
Middle
- Hl Watkins Middle
High
- Palm Beach Gardens High
How it came to be
A Short History of Lake Colony
- 1954
John D. MacArthur bought about 2,600 acres of northern Palm Beach County, land that included most of today’s North Palm Beach as well as Lake Park, Palm Beach Gardens and Palm Beach Shores.
- 1956
The Village of North Palm Beach was incorporated on August 13, with development under way at the same time.
- 1965
The earliest Lake Colony apartments on the county roll were built.
- 1966
The middle year of construction on the roll; most apartments date to 1965 through 1967.
- 1967
The newest apartments on the roll were completed.
Sources: Palm Beach County 2025 tax roll (Florida Department of Revenue), Wikipedia (North Palm Beach, Florida), Village of North Palm Beach.
The boundary
Lake Colony on the Map
Questions
Questions Buyers Ask About Lake Colony
What do homes in Lake Colony cost right now?
No homes are listed for sale here right now. New listings come up through the year; ask me to watch for one. The market section above shows what homes here actually sold for over the past year.
Is Lake Colony a condominium?
No. The county roll classifies Lake Colony as a cooperative. The corporation owns the property and residents hold shares and a proprietary lease, which works differently from a condominium deed.
How many apartments are in Lake Colony?
The county’s 2025 tax roll lists 203 cooperative apartments in three corporations: Lake Colony Apts One, Two and Three.
How does buying in a cooperative differ?
You buy shares in the corporation and a lease to an apartment instead of a deed. The corporation’s documents set the transfer requirements, and lenders treat cooperatives differently, so we review both before you decide.
When was Lake Colony built?
The county roll dates the apartments to 1965 through 1967, with the middle at 1966.
How many homes are in Lake Colony, and when were they built?
Palm Beach County property records list 203 residential parcels in Lake Colony, most built 1965 to 1967, with a typical living area of about 860 square feet.
Who runs the Lake Colony association?
Lake Colony Apts One, Two and Three, Inc. (names as listed on the county roll) governs the community; we confirm the current management company for each home.
What are the association fees in Lake Colony?
The fee table on this page is drawn live from current and recent listings. The seller’s disclosure, the association disclosure summary and the estoppel certificate confirm the exact amount for a specific home.
Is Lake Colony gated?
No gate is on record for Lake Colony; we confirm access for a specific home.
Which public schools serve Lake Colony?
At the center of Lake Colony, the School District of Palm Beach County zones Lake Park Elementary (elementary), Hl Watkins Middle (middle) and Palm Beach Gardens High (high). Boundaries are set by address and can change, so we confirm them for the home you are considering.
Keep Exploring
More North Palm Beach Neighborhood Guides
Also in North Palm Beach
- Captains Key
- Cromwell Estates
- Frenchman’s Harbor
- Hampshire Arms
- Harbour Isles
- Hidden Key
- Lake Worth Estates
- Lost Tree Club and Lost Tree Village
- Nativa
- Old Port Cove
- Pineapple Grove
- Prosperity Harbor
- Sandpiper
- Seminole Landing
- Southwind Landings
- Water Club
Lake Colony · North Palm Beach
Let Us Take Care of the Details
Tell us the street or the home in Lake Colony. We come back with the listings, the association’s fees and rules, and what similar homes sold for, then arrange the visits and coordinate every step to closing day.
Monika Phillips, Sales Associate, Douglas Elliman Real Estate
- Association fees, rules and documents gathered for each home
- Leasing and approval rules pulled up front
- Tax bill and flood zone checked for the address
- One team from the first look to closing day
Home counts, years built and sizes come from Palm Beach County property records (2025 tax roll); association records from the Florida Division of Corporations; school zones from the School District of Palm Beach County. Listing and sales data from BeachesMLS via IDX is deemed reliable but not guaranteed; listings may be held by brokerages other than Douglas Elliman. Association fees shown come from current and recent listings and can differ from the association’s budget; recorded documents and the associations’ own figures control. Verify anything that matters to your decision with the source. Monika Phillips, Sales Associate, Douglas Elliman Real Estate. Equal Housing Opportunity.
