$265,000
SOLD MAR 28, 2025

1640 Presidential Way Unit 301 West Palm Beach, FL 33401

Banyan Cay Neighborhood
2 Beds
2 Baths
1,344 Sq Ft
$626/mo HOA Fee

Recently Sold

$197 Per Sq Ft

23 Days on Market

Highlights

  • Water Views
  • Gated Community
  • Jettted Tub and Separate Shower in Primary Bathroom
  • Fitness Center
  • Clubhouse
  • Sauna

About This Home

As of March 2025

**Sophisticated Living at Park Place ** Welcome to Park Place, a gated community offering modern elegance. This stunning 2-bed, 2-bath home is for sale at $265,000 or turnkey furnished at $280,000. Step into an upgraded living space with travertine and ceramic floors, quartz countertops, custom cabinetry, modern faucets, and unique touches like a champagne cooler, wine rack, stylish doors, and closet organizers. Move-in ready with stainless steel appliances, washer/dryer, and includes two gated parking spaces. Enjoy a staffed lobby, on-site management, pool, lounge, sauna, and fitness center. Prime location near shopping, dining, and Palm Beach Airport. Schedule your tour today!

Last Agent to Sell the Property

Natasha Lavard

Engel & Voelkers Delray Beach License #3385139 Listed on: 02/03/2025

Engel & Voelkers Delray Beach

Last Buyer's Agent

Gabriella Sage

Southern Key Realty License #3509269

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $3,924

Year Built

  • Built in 2004

HOA Fees

  • $626 Monthly HOA Fees

Home Design

  • Entry on the 3rd floor

Interior Spaces

  • 1,344 Sq Ft Home
  • Furnished or left unfurnished upon request
  • Built-In Features
  • Ceiling Fan
  • Blinds
  • Combination Dining and Living Room
  • Ceramic Tile Flooring
  • Water Views
  • Security Gate
  • Washer and Dryer

Kitchen

  • Microwave
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 2 Bedrooms
  • Closet Cabinetry
  • Walk-In Closet
  • 2 Full Bathrooms
  • Dual Sinks
  • Jettted Tub and Separate Shower in Primary Bathroom

Parking

  • Over 1 Space Per Unit
  • Guest Parking
  • Assigned Parking

Schools

  • Roosevelt Elementary School
  • Roosevelt Community Middle School
  • Palm Beach Lakes High School

Utilities

  • Central Heating
  • Cable TV Available

Listing and Financial Details

  • Security Deposit $500
  • Assessor Parcel Number 74434317280013010

Community Details

Overview

  • Association fees include common areas, insurance, maintenance structure
  • 97 Units
  • Park Place Condo Subdivision
  • 5-Story Property

Amenities

  • Sauna
  • Clubhouse
  • Game Room
  • Elevator

Recreation

  • Fitness Center

Security

  • Resident Manager or Management On Site
  • Gated Community

Property Details

Home Type

Condominium

Est. Annual Taxes

$3,924

Year Built

Built in 2004

Lot Details

0

HOA Fees

$626 per month

Listing Details

  • Prop. Type: Residential
  • Property Sub Type: Condominium
  • Property Sub Type Additional: Condominium
  • Year Built: 2004
  • Entry Level: 3
  • Year Built Details: Resale
  • Special Features: VirtualTour

Interior Features

  • Interior Amenities: Built-in Features, Closet Cabinetry, Dual Sinks, Jetted Tub, Living/Dining Room, Separate Shower, Tub Shower, Walk-In Closet(s)
  • Furnished: Negotiable
  • Appliances: Dryer, Dishwasher, Disposal, Microwave, Refrigerator, Washer/Dryer, Washer
  • Full Bathrooms: 2
  • Total Bedrooms: 2
  • Flooring: Ceramic Tile
  • Living Area: 1344.0
  • Stories: 5
  • Window Features: Blinds

Exterior Features

  • View: Water
  • Pool Features: None
  • View: Yes
  • Waterfront: No
  • Construction Type: Block
  • Property Condition: Resale

Garage/Parking

  • Garage Yn: No
  • Parking Features: Assigned, Guest, Two or More Spaces

Utilities

  • Security: Security Gate
  • Cooling: Ceiling Fan(s)
  • Heating: Central, Electric
  • Heating Yn: Yes
  • Sewer: Public Sewer
  • Utilities: Cable Available, Electricity Available, Sewer Available, Water Available
  • Water Source: Public

Condo/Co-op/Association

  • Association Fee: 626.0
  • Community Features: Game Room, Gated, Property Manager On-Site, Sauna, Sidewalks
  • Senior Community: No
  • Amenities: Clubhouse, Fitness Center, Management, Sauna, Elevator(s)
  • Association Fee Frequency: Monthly
  • Association: Yes

Fee Information

  • Association Fee Includes: Common Areas, Insurance, Maintenance Structure

Schools

  • Elementary School: Roosevelt
  • High School: Palm Beach Lakes
  • Middle Or Junior School: Roosevelt Community

Lot Info

  • Parcel #: 74434317280013010
  • Lot Size Sq Ft: 210.0
  • Zoning Description: MF32(c
  • ResoLotSizeUnits: SquareFeet

Rental Info

  • Security Deposit: 500.0

Tax Info

  • Tax Year: 2024
  • Tax Annual Amount: 3924.0

Multi Family

  • Number Of Units In Community: 97

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 3, 2025
Closed on
Mar 28, 2025
Sold by
Williams Dalwyn C
Bought by
Lipomi Nunzio C and Lipomi Lidia
Seller's Agent
Natasha Lavard
Engel & Voelkers Delray Beach
Buyer's Agent
Gabriella Sage
Southern Key Realty
List Price
$265,000
Sold Price
$265,000
Views
25
Current Estimated Value
$283,627

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$18,627
Avg. Annual Appreciation
4.70%

Purchase Details

Listed on
Nov 18, 2017
Closed on
Jan 19, 2018
Sold by
Krasinskas Donald and Krasinskas Susan M
Bought by
Williams Dalwyn C
Seller's Agent
Joan Wynne
Premier Brokers International
Buyer's Agent
Nadine Kijak
Inactive Member
List Price
$169,900
Sold Price
$140,900
Premium/Discount to List
-$29,000
-17.07%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
9.17%
Original Mortgage
$112,720
Interest Rate
3.94%
Mortgage Type
New Conventional

Purchase Details

Closed on
Nov 19, 2010
Sold by
Mirovich Jason
Bought by
Krasinskas Donald

Purchase Details

Closed on
Jul 27, 2004
Sold by
1600 Presidential Way Llc
Bought by
Mirovich Jason

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$169,520
Interest Rate
7.5%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

Range of Values:

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Average Value
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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 Type Sale Price Title Company
Warranty Deed $265,000 Title Service And Escrow Compa
Warranty Deed $265,000 Title Service And Escrow Compa
Warranty Deed $140,990 South Florida Title Ins
Warranty Deed $80,000 Roberto & Associates Title A
Corporate Deed $211,900 Trans State Title Ins Corp
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Previous Owner $60,000 FHA
Previous Owner $112,720 New Conventional
Previous Owner $203,000 Unknown
Previous Owner $169,520 Purchase Money Mortgage
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/28/2025 03/28/25 Sold $265,000 0.0% $197 / Sq Ft
02/26/2025 02/26/25 Pending -- -- --
02/03/2025 02/03/25 For Sale $265,000 0.0% $197 / Sq Ft
11/20/2023 11/20/23 Rented $2,600 +4.0% --
11/15/2023 11/15/23 Under Contract -- -- --
10/09/2023 10/09/23 Price Changed $2,500 -3.8% $2 / Sq Ft
09/04/2023 09/04/23 For Rent $2,600 0.0% --
08/23/2023 08/23/23 Off Market $2,600 -- --
08/16/2023 08/16/23 Under Contract -- -- --
07/20/2023 07/20/23 For Rent $2,600 0.0% --
11/01/2022 11/01/22 Rented $2,600 -7.1% --
10/12/2022 10/12/22 Under Contract -- -- --
09/06/2022 09/06/22 For Rent $2,800 +65.2% --
08/23/2019 08/23/19 Rented $1,695 -5.6% --
07/24/2019 07/24/19 Under Contract -- -- --
05/07/2019 05/07/19 For Rent $1,795 0.0% --
01/17/2018 01/17/18 Sold $140,900 -17.1% $99 / Sq Ft
12/18/2017 12/18/17 Pending -- -- --
11/18/2017 11/18/17 For Sale $169,900 0.0% $119 / Sq Ft
08/20/2015 08/20/15 For Rent $1,200 -4.0% --
08/20/2015 08/20/15 Rented $1,250 +13.6% --
07/31/2012 07/31/12 For Rent $1,100 0.0% --
07/31/2012 07/31/12 Rented $1,100 -- --
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 $3,924 $162,382 -- --
2023 $3,576 $147,620 $0 $199,000
2022 $3,228 $134,200 $0 $0
2021 $2,849 $122,000 $0 $122,000
2020 $2,831 $120,000 $0 $120,000
2019 $2,970 $125,000 $0 $125,000
2018 $2,479 $111,000 $0 $111,000
2017 $2,307 $106,000 $0 $0
2016 $2,256 $87,846 $0 $0
2015 $2,159 $79,860 $0 $0
2014 $1,985 $72,600 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: BeachesMLS

MLS Number: R11058794

BeachesMLS

APN: 74-43-43-17-28-001-3010