$795,000

1640 Presidential 501 Way Unit 501 West Palm Beach, FL 33401

Banyan Cay Neighborhood

Estimated payment $6,181/month

3 Beds
3.5 Baths
2,770 Sq Ft
$287 Price per Sq Ft

Highlights

  • Doorman
  • Gated with Attendant
  • Roman Tub
  • Ocean View
  • Clubhouse
  • Community Pool

About This Home

THE LARGEST DOUBLE PENTHOUSE CONDO in the AREA with OVER THREE THOUSAND SQUARE FEET OF TOTAL LIVING SPACE with 2 MASTER BEDROOMS and 2 MASTER BATHROOMS and 1 OR 2 ADDITIONAL BEDROOMS and ADDITIONAL 1 1/2 BATHROOMS and 2 LARGE BALCONIES WITH GOLF and OCEAN VIEW.PARK PLACE CONDOMINUM offers 24 HOUR SECURITY, CLUBROOM, GYM and POOLCENTRALLY LOCATED, Minutes from WORLD CLASS GOLF, PALM BEACH INTERNATIONAL AIRPORT, I-95, Across from the NEW OUTLET MALL and Close to SHOPS and RESTAURANTS and Close to DOWNTOWN WEST PALM BEACH AND THE KRAVIS CENTER FOR PERFORMING ARTS

Listing Agent

Michael Athmer

Nest Seekers Florida, LLC License #3287624

Nest Seekers Florida, LLC

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $6,633

Year Built

  • Built in 2004

HOA Fees

  • $1,200 Monthly HOA Fees

Parking

  • Over 1 Space Per Unit

Property Views

  • Ocean
  • Golf Course

Interior Spaces

  • 2,770 Sq Ft Home
  • Built-In Features
  • Plantation Shutters
  • Blinds
  • Sliding Windows
  • Entrance Foyer
  • Formal Dining Room
  • Ceramic Tile Flooring

Kitchen

  • Breakfast Area or Nook
  • Eat-In Kitchen
  • Electric Range
  • Microwave
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Walk-In Closet
  • Dual Sinks
  • Roman Tub
  • Separate Shower in Primary Bathroom

Laundry

  • Laundry Room
  • Washer and Dryer
  • Laundry Tub

Home Security

Utilities

  • Central Heating and Cooling System
  • Electric Water Heater

Listing and Financial Details

  • Assessor Parcel Number 74434317280015010
  • Seller Considering Concessions

Community Details

Overview

  • Association fees include management, common areas, insurance, ground maintenance, maintenance structure, parking, pest control, pool(s), roof, security, trash
  • 99 Units
  • High-Rise Condominium
  • Flaming Waters Country Cl Subdivision
  • 5-Story Property

Amenities

  • Doorman
  • Clubhouse
  • Game Room
  • Elevator

Recreation

  • Community Pool

Security

  • Gated with Attendant
  • Resident Manager or Management On Site
  • Impact Glass

Property Details

Home Type

Condominium

Est. Annual Taxes

$6,633

Year Built

Built in 2004

Lot Details

0

HOA Fees

$1,200 per month

Parking

2

Listing Details

  • Prop. Type: Residential
  • Property Sub Type: Condominium
  • Property Sub Type Additional: Condominium
  • Directions: I-95 TO PALM BEACH LAKES BLVD EXIT EAST TO CONGRESS AVENUE, GO LEFT/NORTH ON CONGRESS AVENUE TAKE A RIGHT ON PRESIDENTIAL WAY AND TAKE A RIGHT INTO YOUR NEW HOME PARK PLACE CONDOMINIUM
  • Year Built: 2004
  • Architectural Style: High Rise
  • Entry Level: 501
  • Unit Levels: Three Or More
  • Year Built Details: Resale
  • Special Features: VirtualTour

Interior Features

  • Interior Amenities: Built-in Features, Breakfast Area, Dining Area, Separate/Formal Dining Room, Dual Sinks, Entrance Foyer, Eat-in Kitchen, Family/Dining Room, Garden Tub/Roman Tub, Pantry, Separate Shower, Walk-In Closet(s)
  • Private Spa: No
  • Furnished: Unfurnished
  • Appliances: Dryer, Dishwasher, Electric Range, Electric Water Heater, Disposal, Microwave, Refrigerator, Washer/Dryer, Washer
  • Full Bathrooms: 3
  • Half Bathrooms: 1
  • Total Bedrooms: 3
  • Flooring: Ceramic Tile
  • Living Area: 2770.0
  • Dining Room Type: Laundry
  • Stories: 5
  • Window Features: Blinds, Impact Glass, Plantation Shutters, Sliding

Exterior Features

  • View: Golf Course, Ocean
  • Pool Features: None, Association, Community
  • View: Yes
  • Waterfront: No
  • Disclosures: Pet on Property
  • Construction Type: Block
  • Property Condition: Resale
  • Roof: Other

Garage/Parking

  • Covered Parking Spaces: 2.0
  • Garage Spaces: 2.0
  • Garage Yn: Yes
  • Parking Features: Two or More Spaces

Utilities

  • Laundry Features: Laundry Tub
  • Security: Door Man, Gated with Guard
  • Cooling: Central Air, Electric
  • Cooling Y N: Yes
  • Heating: Central, Electric
  • Heating Yn: Yes
  • Sewer: Public Sewer
  • Utilities: Electricity Available, Sewer Available, Water Available
  • Water Source: Public

Condo/Co-op/Association

  • Association Fee: 1200.0
  • Community Features: Game Room, Gated, Property Manager On-Site, Pool
  • Senior Community: No
  • Amenities: Clubhouse, Management, Pool, Elevator(s)
  • Association Fee Frequency: Monthly
  • Association: Yes

Fee Information

  • Association Fee Includes: Association Management, Common Areas, Insurance, Maintenance Grounds, Maintenance Structure, Parking, Pest Control, Pool(s), Roof, Security, Trash

Lot Info

  • Parcel #: 74434317280015010
  • Zoning Description: MF32(c

Tax Info

  • Tax Year: 2024
  • Tax Annual Amount: 6633.0

Multi Family

  • Number Of Units In Community: 99

Map

Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2024 $6,633 $282,566 -- --
2023 $6,064 $256,878 $0 $0
2022 $5,518 $233,525 $0 $0
2021 $4,866 $220,000 $0 $220,000
2020 $4,589 $215,000 $0 $215,000
2019 $4,265 $200,000 $0 $200,000
2018 $3,602 $160,000 $0 $160,000
2017 $3,305 $145,000 $0 $0
2016 $1,527 $104,780 $0 $0
2015 $1,556 $104,052 $0 $0
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/14/2025 05/14/25 For Sale $795,000 -- $287 / Sq Ft
Source: BeachesMLS

Purchase History

Date Type Sale Price Title Company
Quit Claim Deed -- None Available
Interfamily Deed Transfer -- --
Warranty Deed $380,000 Palm Beach Land Title Corp
Corporate Deed $379,900 Trans State Title Insurance
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Previous Owner $342,000 Fannie Mae Freddie Mac
Source: Public Records

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Source: BeachesMLS

MLS Number: R11091629

BeachesMLS

APN: 74-43-43-17-28-001-5010

Florida Palm Beach County West Palm Beach 33401 Banyan Cay

1640 Presidential 501 Way Unit 501, West Palm Beach, FL

Homes for Sale in West Palm Beach, FL

This home is located at 1640 Presidential 501 Way Unit 501, West Palm Beach, FL 33401 and is currently priced at $795,000, approximately $287 per square foot. This property was built in 2004. 1640 Presidential 501 Way Unit 501 is a home located in Palm Beach County with nearby schools including Roosevelt Elementary School, Roosevelt Middle School, and Palm Beach Lakes Community High School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

BeachesMLS IDX information is provided exclusively for 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 not guaranteed.

Nearby Homes
Listing Agent
Michael Athmer
Section Image
Nest Seekers Florida, LLC
(561) 823-3887