$236,152 - $279,000
RENTED APR 1, 2025

1640 Presidential Way Unit 403 West Palm Beach, FL 33401

Banyan Cay Neighborhood
2 Beds
2 Baths
1,344 Sq Ft
4.14 Acres

Last Sold March 25, 2021

Last sale price $155,000 $115 Per Sq Ft

Est. 69% increase in value since last sale

Current estimated payment $1,747/month

Highlights

  • Water Views
  • Gated Community
  • Roman Tub
  • Fitness Center
  • Clubhouse
  • Marble Flooring

About This Home

As of April 2025

Discover your new sanctuary in this stunning. large, bright and sunny, luxury 2-bed 2 bath condo in the well maintained Park Place Condominium, A must see in a highly desirable area of the beautiful city of West Palm Beach, FL perfect for those seeking a tranquil retreat.Nestled in a quiet neighborhood, this property boasts a spacious open floor plan that seamlessly combines modern elegance with comfort. Gated community with additional building security. Ride the elevator to the fourth floor and enjoy the tropical view as you enter into this lovely unit. The heart of the home features a nice and open eat in kitchen equipped with stainless steel appliances, 42'' cherrywood cabinets granite countertops, and ample storage, making it ideal for culinary enthusiasts.

Last Agent to Rent the Property

Angella Damon

Crown Preferred Realty LLC License #3176840 Listed on: 02/15/2025

Last Renter's Agent

Jeffrey Carlson

Coldwell Banker Realty License #709143

Coldwell Banker Realty

Condo Details

Home Type

  • Condominium

Est. Annual Taxes

  • $4,442

Year Built

  • Built in 2004

Lot Details

  • Zero Lot Line

Parking

  • Assigned Parking

Home Design

  • Entry on the 4th floor

Interior Spaces

  • 1,344 Sq Ft Home
  • Custom Mirrors
  • Ceiling Fan
  • Great Room
  • Water Views

Kitchen

  • Microwave
  • Dishwasher

Flooring

  • Marble
  • Ceramic Tile

Bedrooms and Bathrooms

  • 2 Bedrooms
  • Stacked Bedrooms
  • 2 Full Bathrooms
  • Roman Tub
  • Separate Shower in Primary Bathroom

Laundry

  • Laundry Room
  • Dryer
  • Washer

Home Security

  • Security Gate
  • Closed Circuit Camera

Outdoor Features

  • Balcony
  • Porch

Schools

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

Utilities

  • Central Air
  • Electric Water Heater

Listing and Financial Details

  • Security Deposit $500
  • Property Available on 2/15/25
  • Assessor Parcel Number 74434317280014030

Community Details

Overview

  • Park Place Condo Subdivision

Amenities

  • Sauna
  • Clubhouse
  • Game Room

Recreation

  • Fitness Center
  • Community Pool

Security

  • Security Guard
  • Resident Manager or Management On Site
  • Card or Code Access
  • Phone Entry
  • Gated Community
  • Fire and Smoke Detector

Condo Details

Home Type

Condominium

Est. Annual Taxes

$4,442

Year Built

Built in 2004

Lot Details

0

Rental Info

  • Tenant Pays: Exterior Electric
  • Available Date: 2025-02-15
  • Security Deposit: 500.0

Listing Details

  • Prop. Type: Residential Lease
  • Property Sub Type: Condominium
  • Property Sub Type Additional: Condominium
  • Directions: Heading South on I 95, take exit 74 for 45th St. Turn right onto N Congress Ave. turn left onto Presidential Way, turn right into Park Place Condominium and part at the visitor's parking area
  • Year Built: 2004
  • Entry Level: 4
  • Special Features: VirtualTour

Interior Features

  • Interior Amenities: Elevator, Garden Tub/Roman Tub, Custom Mirrors, Separate Shower, Stacked Bedrooms
  • Furnished: Unfurnished
  • Appliances: Dryer, Dishwasher, Electric Water Heater, Microwave, Refrigerator, Washer
  • Full Bathrooms: 2
  • Total Bedrooms: 2
  • Flooring: Ceramic Tile, Marble
  • Living Area: 1344.0
  • Dining Room Type: Great Room, Laundry

Exterior Features

  • Exterior Features: Balcony
  • View: Other, Water
  • Lot Features: Zero Lot Line
  • Pool Features: None, Association, Community
  • Waterfront: No
  • Disclosures: Pet on Property
  • Patio And Porch Features: Porch

Garage/Parking

  • Garage Yn: No
  • Parking Features: Assigned

Utilities

  • Security: Closed Circuit Camera(s), Security Gate, Key Card Entry, Phone Entry, Security Guard, Smoke Detector(s)
  • Cooling: Central Air, Ceiling Fan(s), Exhaust Fan
  • Cooling Y N: Yes
  • Heating: Other

Condo/Co-op/Association

  • Community Features: Game Room, Gated, Property Manager On-Site, Pool, Sauna
  • Senior Community: No
  • Amenities: Clubhouse, Fitness Center, Management, Pool, Sauna
  • Pets Allowed: No

Schools

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

Lot Info

  • Parcel #: 74434317280014030
  • Land Lease Amount Frequency: Monthly
  • Lot Size: Zero Lot

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Dec 13, 2021
Sold by
Reyngold and Boris
Bought by
Reyngold Inna and Reznikov Boris
Current Estimated Value
$262,538

Purchase Details

Closed on
Nov 30, 2021
Sold by
Reznikov and Inna
Bought by
Reyngold Inna

Purchase Details

Listed on
Nov 18, 2020
Closed on
Mar 22, 2021
Sold by
Rossman Evelyn and Rossman Jerry
Bought by
Reyngold Inna and Reznikov Boris
Seller's Agent
Joan Wynne
Premier Brokers International
Buyer's Agent
Joan Wynne
Premier Brokers International
List Price
$159,900
Sold Price
$155,000
Premium/Discount to List
-$4,900
-3.06%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
12.22%

Purchase Details

Closed on
Jun 23, 2004
Sold by
Presidential Way Llc
Bought by
Rossman Jerry

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$172,000
Interest Rate
6.25%
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
Reyngold Inna -- Taylor Gregory B
Reyngold Inna -- Taylor Gregory B
Reyngold Inna -- None Listed On Document
Reyngold Inna $155,000 South Fl Ttl Insurers Of Pal
Rossman Jerry $215,700 Trans State Title Insurnace
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Rossman Jerry $172,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
04/01/2025 04/01/25 Rented $2,275 0.0% --
02/25/2025 02/25/25 Under Contract -- -- --
02/15/2025 02/15/25 For Rent $2,275 0.0% --
03/25/2021 03/25/21 Sold $155,000 -3.1% $109 / Sq Ft View Prior Sale
02/23/2021 02/23/21 Pending -- -- --
11/18/2020 11/18/20 For Sale $159,900 0.0% $112 / Sq Ft
05/01/2019 05/01/19 Rented $1,400 -12.5% --
04/01/2019 04/01/19 Under Contract -- -- --
02/28/2019 02/28/19 For Rent $1,600 +8.5% --
02/13/2018 02/13/18 For Rent $1,475 +1.7% --
02/13/2018 02/13/18 Rented $1,450 +3.6% --
09/29/2016 09/29/16 For Rent $1,400 0.0% --
09/29/2016 09/29/16 Rented $1,400 +16.7% --
08/05/2013 08/05/13 For Rent $1,200 0.0% --
08/05/2013 08/05/13 Rented $1,200 +9.1% --
05/10/2012 05/10/12 For Rent $1,100 0.0% --
05/10/2012 05/10/12 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 $4,442 $196,794 -- --
2023 $4,038 $178,904 $0 $0
2022 $3,628 $162,640 $0 $0
2021 $2,893 $124,000 $0 $124,000
2020 $2,853 $121,000 $0 $121,000
2019 $2,856 $126,000 $0 $126,000
2018 $2,492 $113,000 $0 $113,000
2017 $2,321 $108,000 $0 $0
2016 $2,270 $87,846 $0 $0
2015 $2,174 $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: R11062880

BeachesMLS

APN: 74-43-43-17-28-001-4030