We study the electroweak phase transition by lattice simulations of an effective 3-dimensional theory, for a Higgs mass of about $35 GeV$. In the broken symmetry phase our results on masses and the Higgs condensate are consistent with 2-loop perturbative results. However, we find a non-perturbative lowering of the transition temperature, similar to the one previously found at $m_H = 80 GeV$. For the symmetric phase, bound state masses and the static force are determined and compared with results for pure $SU(2)$ theory.