$238,379 - $324,000
RENTED NOV 1, 2024

1640 Presidential Way Unit 203 West Palm Beach, FL 33401

Banyan Cay Neighborhood
2 Beds
2 Baths
1,424 Sq Ft
4.14 Acres

Last Sold June 22, 2017

Last sale price $130,000 $91 Per Sq Ft

Est. 114% increase in value since last sale

Current estimated payment $1,854/month

Highlights

  • Fitness Center
  • Community Pool
  • Porch
  • Gated Community
  • Balcony
  • Separate Shower in Primary Bathroom

About This Home

As of November 2024

Luxury Condo located in the gated Private Gated Community of Park Place Condominiums. This 2ND-floor unit offers two bedrooms, two baths, and 1424 sq ft under air. Open balcony. Large open-concept living area opens to an oversized kitchen with stainless steel appliances, espresso wood cabinets, and granite countertops. Marble flooring in the living area with 10' ceilings throughout. Master features a large closet, walk-in shower, and a jacuzzi tub. Amenities include a Club Room, Pool, Sauna, Gym, and BBQ area. Water & Pest Control included. Conveniently located across the street from Palm Beach Outlets and minutes to downtown WPB, airport, shopping, dining, and entertainment. Water included. No pets.

Last Agent to Rent the Property

Kimberly Grove

624 Home.com License #3326259 Listed on: 07/20/2024

Last Renter's Agent

Shavonne Edgecombe

Ask & You Shall Receive Realty License #3253850

Condo Details

Home Type

  • Condominium

Est. Annual Taxes

  • $4,707

Year Built

  • Built in 2004

Lot Details

  • 4.14

Parking

  • 2 Car Garage

Home Design

  • Entry on the 2nd floor

Interior Spaces

  • 1,424 Sq Ft Home
  • Tile Flooring
  • Security Gate

Kitchen

  • Microwave
  • Ice Maker
  • Dishwasher

Bedrooms and Bathrooms

  • 2 Bedrooms
  • Split Bedroom Floorplan
  • 2 Full Bathrooms
  • Separate Shower in Primary Bathroom

Laundry

  • Dryer
  • Washer

Outdoor Features

  • Balcony
  • Open Patio
  • Porch

Utilities

  • Central Heating and Cooling System

Listing and Financial Details

  • Property Available on 7/20/24
  • Assessor Parcel Number 74434317280012030

Community Details

Recreation

  • Fitness Center
  • Community Pool

Additional Features

  • Park Place Condo Subdivision
  • Gated Community

Condo Details

Home Type

Condominium

Est. Annual Taxes

$4,707

Year Built

Built in 2004

Lot Details

0

Parking

2

Rental Info

  • Tenant Pays: Exterior Electric
  • Available Date: 2024-07-20

Listing Details

  • Prop. Type: Residential Lease
  • Property Sub Type: Condominium
  • Property Sub Type Additional: Condominium
  • Year Built: 2004
  • Entry Level: 2
  • Special Features: VirtualTour

Interior Features

  • Interior Amenities: Split Bedrooms, Separate Shower
  • Furnished: Unfurnished
  • Appliances: Dryer, Dishwasher, Ice Maker, Microwave, Refrigerator, Washer
  • Full Bathrooms: 2
  • Total Bedrooms: 2
  • Flooring: Tile
  • Living Area: 1424.0

Exterior Features

  • Exterior Features: Balcony
  • Pool Features: None, Association, Community
  • Waterfront: No
  • Patio And Porch Features: Balcony, Open, Porch

Garage/Parking

  • Covered Parking Spaces: 2.0
  • Garage Spaces: 2.0
  • Garage Yn: Yes
  • Parking Features: Garage

Utilities

  • Security: Security Gate
  • Cooling: Central Air
  • Cooling Y N: Yes
  • Heating: Central
  • Heating Yn: Yes

Condo/Co-op/Association

  • Community Features: Gated, Pool
  • Senior Community: No
  • Amenities: Fitness Center, Pool
  • Pets Allowed: No

Lot Info

  • Parcel #: 74434317280012030
  • Land Lease Amount Frequency: Monthly

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 16, 2017
Closed on
Jun 22, 2017
Sold by
Gan Yanli
Bought by
Giusti Oreste
Seller's Agent
Linfeng Zhou
Great Palm Beach Realty Inc.
Buyer's Agent
Linfeng Zhou
Great Palm Beach Realty Inc.
List Price
$130,000
Sold Price
$130,000
Current Estimated Value
$278,595

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$148,595
Avg. Annual Appreciation
9.55%
Original Mortgage
$123,500
Outstanding Balance
$100,486
Interest Rate
3.25%
Mortgage Type
Adjustable Rate Mortgage/ARM
Estimated Equity
$178,109

Purchase Details

Listed on
Feb 5, 2015
Closed on
Apr 2, 2015
Sold by
The Bank Of New York Mellon
Bought by
Gan Yanli
Seller's Agent
David Kendall
SAFE HAVEN PARTNERS LLC
Buyer's Agent
Jason Yan
Elite Realty of Florida, LLC
List Price
$132,000
Sold Price
$119,000
Premium/Discount to List
-$13,000
-9.85%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
4.12%

Purchase Details

Closed on
Oct 15, 2014
Sold by
Stapleton Bradley J and Mortgage Electronic Registrati
Bought by
The Bank Of New York Mellon and The Bank Of New York

Purchase Details

Closed on
Jul 1, 2004
Sold by
Presidential Way Llc
Bought by
Stapleton Bradley J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$172,520
Interest Rate
5.37%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

Range of Values:

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Average Value
Not Available
List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Giusti Oreste $130,000 First American Title Ins Co
Gan Yanli $119,000 None Available
The Bank Of New York Mellon $55,100 Attorney
Stapleton Bradley J $215,900 Trans State Title Insurance
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Giusti Oreste $123,500
Previous Owner Stapleton Bradley J $172,520
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
11/01/2024 11/01/24 Rented $2,125 0.0% --
09/09/2024 09/09/24 Under Contract -- -- --
08/28/2024 08/28/24 For Rent $2,125 0.0% --
08/16/2024 08/16/24 Under Contract -- -- --
07/24/2024 07/24/24 For Rent $2,125 0.0% --
05/01/2023 05/01/23 Rented $2,125 0.0% --
04/11/2023 04/11/23 Under Contract -- -- --
03/31/2023 03/31/23 Price Changed $2,125 -9.6% $1 / Sq Ft
03/16/2023 03/16/23 Price Changed $2,350 -2.1% $2 / Sq Ft
03/14/2023 03/14/23 For Rent $2,400 0.0% --
06/22/2017 06/22/17 Sold $130,000 0.0% $91 / Sq Ft View Prior Sale
05/23/2017 05/23/17 Pending -- -- --
03/16/2017 03/16/17 For Sale $130,000 0.0% $91 / Sq Ft
04/30/2016 04/30/16 Rented $1,300 -7.1% --
03/31/2016 03/31/16 Under Contract -- -- --
03/02/2016 03/02/16 For Rent $1,400 0.0% --
04/16/2015 04/16/15 Sold $119,000 -9.8% $84 / Sq Ft View Prior Sale
03/17/2015 03/17/15 Pending -- -- --
02/05/2015 02/05/15 For Sale $132,000 -- $93 / Sq Ft
Source: BeachesMLS

Tax History Compared to Growth

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 $4,707 $220,000 -- --
2023 $1,957 $127,308 $0 $0
2022 $1,914 $123,600 $0 $0
2021 $1,890 $120,000 $0 $120,000
2020 $1,886 $119,000 $0 $119,000
2019 $2,919 $124,000 $0 $124,000
2018 $2,550 $111,000 $0 $111,000
2017 $2,449 $106,000 $0 $0
2016 $2,611 $111,000 $0 $0
2015 $2,565 $106,000 $0 $0
2014 $797 $61,935 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • K

    Landlord's Agent in 2024

    Kimberly Grove

    624 Home.com

    (561) 510-4600

    27 Total Sales

    Kimberly Grove
    Section Image
  • Shavonne Edgecombe

    Tenant's Agent in 2024

    Shavonne Edgecombe

    Ask & You Shall Receive Realty

    (561) 880-5388

    1 in this area

    32 Total Sales

    Shavonne Edgecombe
    Section Image
  • Caitlin Gallo

    Buyer's Agent in 2023

    Caitlin Gallo

    Illustrated Properties

    (561) 626-7900

    26 Total Sales

    Caitlin Gallo
    Section Image

  • L

    Seller's Agent in 2017

    Linfeng Zhou

    Great Palm Beach Realty Inc.

    (954) 225-6338

    Linfeng Zhou
    Section Image

  • D

    Seller's Agent in 2015

    David Kendall

    SAFE HAVEN PARTNERS LLC

  • D

    Seller Co-Listing Agent in 2015

    Don Poyner

    Quantum Realty Associates Inc

    (561) 744-0150

    23 Total Sales

    Don Poyner
    Section Image
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Map

Source: BeachesMLS

MLS Number: R11006930

BeachesMLS

APN: 74-43-43-17-28-001-2030

Florida Palm Beach County West Palm Beach 33401 Banyan Cay

1640 Presidential Way Unit 203, West Palm Beach, FL

This home is located at 1640 Presidential Way Unit 203, West Palm Beach, FL 33401 since 20 July 2024 and is currently priced at $278,595. This property was built in 2004. 1640 Presidential Way Unit 203 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.

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