$295,000
UNDER CONTRACT

1640 Presidential Way Unit 507 West Palm Beach, FL 33401

Banyan Cay Neighborhood

Estimated payment $2,662/month

Total Views 8,668
3 Beds
2 Baths
1,638 Sq Ft
$180 Price per Sq Ft

Highlights

  • Fitness Center
  • Golf Course View
  • Sauna
  • Gated Community
  • Clubhouse
  • Community Pool

About This Home

Experience stunning city and golf course views from this luxurious condo! With high ceilings and an open balcony, this stylish 3-bed, 2-bath unit features upscale finishes like granite countertops, stainless steel appliances, and impact glass. The primary suite is a true retreat, offering a spacious bedroom, walk-in closet, and a spa-like en-suite with dual sinks and a large shower. AC unit replaced in 2021. Enjoy resort-style amenities including a pool, gym, and sauna. Perfectly situated just minutes from top dining, entertainment, shopping at Palm Beach Outlets, and easy access to I-95, Downtown West Palm Beach, and Palm Beach International Airport.Schedule your tour today!

Last Listed By

Devin Cobb

Keller Williams Elite Realty 2 License #3287724 Listed on: 09/12/2024

Keller Williams Elite Realty 2

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $3,558

Year Built

  • Built in 2004

HOA Fees

  • $717 Monthly HOA Fees

Interior Spaces

  • 1,638 Sq Ft Home
  • Ceiling Fan
  • Open Floorplan
  • Laminate Flooring
  • Golf Course Views
  • Security Gate

Kitchen

  • Electric Range
  • Microwave
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Stacked Bedrooms
  • Closet Cabinetry
  • Walk-In Closet
  • 2 Full Bathrooms
  • Dual Sinks
  • Separate Shower in Primary Bathroom

Laundry

  • Laundry Room
  • Washer and Dryer

Parking

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

Outdoor Features

  • Balcony
  • Open Patio

Schools

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

Utilities

  • Central Heating and Cooling System
  • Electric Water Heater
  • Municipal Trash
  • Cable TV Available

Listing and Financial Details

  • Assessor Parcel Number 74434317280015070

Community Details

Overview

  • Association fees include common areas, insurance, ground maintenance, maintenance structure, pest control, pool(s), reserve fund, sewer, security, trash, water
  • 99 Units
  • High-Rise Condominium
  • Park Place Condo Subdivision
  • 5-Story Property

Amenities

  • Sauna
  • Clubhouse
  • Billiard Room

Recreation

  • Fitness Center
  • Community Pool

Security

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

Property Details

Home Type

Condominium

Est. Annual Taxes

$3,558

Year Built

Built in 2004

Lot Details

0

HOA Fees

$717 per month

Listing Details

  • Prop. Type: Residential
  • Property Sub Type: Condominium
  • Property Sub Type Additional: Condominium
  • Directions: I-95 to Palm Beach Lakes Blvd., turn LEFT onto North Congress Avenue and RIGHT onto Presidential Way. Park in GUEST parking
  • Year Built: 2004
  • Architectural Style: High Rise
  • Entry Level: 5
  • Unit Levels: Three Or More
  • Year Built Details: Resale
  • Special Features: 4224

Interior Features

  • Interior Amenities: Closet Cabinetry, Dual Sinks, Family/Dining Room, Kitchen/Dining Combo, Living/Dining Room, Separate Shower, Stacked Bedrooms, 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: 2
  • Total Bedrooms: 3
  • Flooring: Laminate
  • Living Area: 1638.0
  • Dining Room Type: Laundry
  • Stories: 5

Exterior Features

  • Exterior Features: Balcony
  • View: Golf Course
  • Pool Features: None, Association, Community
  • Waterfront: No
  • Construction Type: Block
  • Patio And Porch Features: Balcony, Open
  • Property Condition: Resale

Garage/Parking

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

Utilities

  • Security: Security Gate, Phone Entry, Security Guard, Smoke Detector(s)
  • Cooling: Central Air, Ceiling Fan(s)
  • Cooling Y N: Yes
  • Heating: Central
  • Heating Yn: Yes
  • Sewer: Public Sewer
  • Utilities: Cable Available, Electricity Available, Sewer Available, Water Available
  • Water Source: Public

Condo/Co-op/Association

  • Association Fee: 717.0
  • Community Features: Gated, Property Manager On-Site, Pool, Sauna, Sidewalks
  • Senior Community: No
  • Amenities: Billiard Room, Clubhouse, Fitness Center, Management, Pool, Sauna, Trash
  • Association Fee Frequency: Monthly
  • Association: Yes

Fee Information

  • Association Fee Includes: Common Areas, Insurance, Maintenance Grounds, Maintenance Structure, Pest Control, Pool(s), Reserve Fund, Sewer, Security, Trash, Water

Schools

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

Lot Info

  • Parcel #: 74434317280015070
  • Zoning Description: MF32

Tax Info

  • Tax Year: 2023
  • Tax Annual Amount: 3558.0

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 $3,661 $211,141 -- --
2023 $3,558 $204,991 $0 $0
2022 $3,504 $199,020 $0 $0
2021 $3,197 $138,000 $0 $138,000
2020 $2,216 $134,000 $0 $134,000
2019 $2,245 $134,211 $0 $0
2018 $2,080 $131,709 $0 $0
2017 $2,026 $129,000 $0 $0
2016 $2,182 $134,000 $0 $0
2015 $3,095 $129,000 $0 $0
2014 -- $115,000 $0 $0
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/12/2024 09/12/24 For Sale $295,000 +56.5% $180 / Sq Ft
01/26/2021 01/26/21 Sold $188,500 -3.6% $115 / Sq Ft
12/27/2020 12/27/20 Pending -- -- --
11/08/2020 11/08/20 For Sale $195,500 +47.5% $119 / Sq Ft
02/24/2014 02/24/14 Sold $132,500 -1.8% $81 / Sq Ft
01/25/2014 01/25/14 Pending -- -- --
12/19/2013 12/19/13 For Sale $134,900 -- $82 / Sq Ft
Source: BeachesMLS

Purchase History

Date Type Sale Price Title Company
Warranty Deed $188,500 Partnership T&E Llc
Warranty Deed -- Attorney
Special Warranty Deed $132,500 Servicelink
Trustee Deed $59,900 None Available
Warranty Deed $268,900 Statewide Title Corporation
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $171,000 New Conventional
Previous Owner $75,000 Future Advance Clause Open End Mortgage
Previous Owner $288,000 Balloon
Previous Owner $226,950 Purchase Money Mortgage
Source: Public Records

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Source: BeachesMLS

MLS Number: R11020253

BeachesMLS

APN: 74-43-43-17-28-001-5070