$195,000
$14K PRICE DROP

Washington Tower 2000 Presidential Way Unit 2040 West Palm Beach, FL 33401

Banyan Cay Neighborhood

Estimated payment $2,516/month

Total Views 454,299
2 Beds
2 Baths
1,206 Sq Ft
$162 Price per Sq Ft

Highlights

  • Hot Property
  • Fitness Center
  • Clubhouse
  • Doorman
  • Gated with Attendant
  • Community Pool

About This Home

Investors and future residents--welcome to opportunity! Located in the heart of West Palm Beach, this spacious 2-bedroom, 2-bath split floorplan corner unit in the gated community of Lands of the President is brimming with potential. With two private balconies--one facing east and the other south--this bright and airy unit offers exceptional natural light throughout the day. From the east bedroom and southern terrace, you'll even enjoy a lovely view of the pool. The building has recent upgrades, a new roof in 2022, and offers fantastic amenities: heated pool, BBQ area, fitness center, 24/7 security, and private storage unit. Investors, this unit can be rented immediately. Minutes from the PB, Outlet Mall, beaches, theaters, restaurants. $1,000 move-in fee for the Washington Towers.

Last Listed By

Elizabeth Hoadley

Purely Palm Beach Real Estate LLC License #3278009 Listed on: 03/27/2025

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $3,980

Year Built

  • Built in 1972

HOA Fees

  • $1,149 Monthly HOA Fees

Interior Spaces

  • 1,206 Sq Ft Home
  • Ceiling Fan
  • Sliding Windows
  • Family Room
  • Open Floorplan
  • Home Security System
  • Washer and Dryer

Kitchen

  • Eat-In Kitchen
  • Electric Range
  • Microwave
  • Dishwasher

Flooring

  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 2 Bedrooms
  • Split Bedroom Floorplan
  • Closet Cabinetry
  • Walk-In Closet
  • 2 Full Bathrooms
  • Separate Shower in Primary Bathroom

Parking

  • Open Parking
  • Assigned Parking

Utilities

  • Central Heating and Cooling System
  • Cable TV Available

Listing and Financial Details

  • Security Deposit $500
  • Assessor Parcel Number 74434317090002040
  • Seller Considering Concessions

Community Details

Overview

  • Association fees include management, ground maintenance, maintenance structure, parking, pest control, pool(s), roof, sewer, security, trash, water
  • High-Rise Condominium
  • Lands Of The President Co Subdivision
  • 21-Story Property

Amenities

  • Doorman
  • Clubhouse
  • Bike Room
  • Community Storage Space

Recreation

Security

  • Gated with Attendant
  • Resident Manager or Management On Site

Property Details

Home Type

Condominium

Est. Annual Taxes

$3,980

Year Built

Built in 1972

Lot Details

0

HOA Fees

$1,149 per month

Listing Details

  • Prop. Type: Residential
  • Property Sub Type: Condominium
  • Property Sub Type Additional: Condominium
  • Directions: You must be called into the front gate, so LA will need the name of any drivers. Go to 2000 Presidential Way, central point between both gates.
  • Year Built: 1972
  • Architectural Style: High Rise
  • Entry Level: 2
  • Unit Levels: Three Or More
  • Year Built Details: Resale
  • Special Features: VirtualTour

Interior Features

  • Interior Amenities: Closet Cabinetry, Eat-in Kitchen, Family/Dining Room, Living/Dining Room, Split Bedrooms, Separate Shower, Tub Shower, Walk-In Closet(s)
  • Furnished: Unfurnished
  • Appliances: Dryer, Dishwasher, Electric Range, Microwave, Refrigerator, Washer/Dryer, Washer
  • Full Bathrooms: 2
  • Total Bedrooms: 2
  • Flooring: Carpet, Tile
  • Living Area: 1206.0
  • Dining Room Type: Family Room, Storage Room
  • Stories: 21
  • Window Features: Sliding

Exterior Features

  • Pool Features: None, Association, Community
  • Waterfront: No
  • Construction Type: Block
  • Property Condition: Resale

Garage/Parking

  • Garage Yn: No
  • Open Parking: Yes
  • Parking Features: Assigned, Open

Utilities

  • Security: Security System, Door Man, Gated with Guard
  • 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: 1149.0
  • Community Features: Gated, Property Manager On-Site, Pool, Street Lights, Sidewalks
  • Senior Community: No
  • Amenities: Bike Storage, Clubhouse, Fitness Center, Management, Pool, Storage
  • Association Fee Frequency: Monthly
  • Association: Yes
  • Pets Allowed: No

Fee Information

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

Lot Info

  • Parcel #: 74434317090002040
  • Lot Size: Paved Road,West of US-1
  • Zoning Description: MF32(c

Rental Info

  • Security Deposit: 500.0

Tax Info

  • Tax Year: 2024
  • Tax Annual Amount: 3980.0

Map

About Washington Tower

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 $3,980 $166,375 -- --
2023 $3,492 $151,250 $0 $0
2022 $3,206 $137,500 $0 $0
2021 $2,914 $125,000 $0 $125,000
2020 $2,831 $120,000 $0 $120,000
2019 $2,756 $120,000 $0 $120,000
2018 $2,401 $107,000 $0 $107,000
2017 $2,185 $95,000 $0 $0
2016 $2,028 $85,000 $0 $0
2015 $1,966 $80,000 $0 $0
2014 $1,661 $66,000 $0 $0
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/01/2025 05/01/25 Price Changed $195,000 -6.7% $162 / Sq Ft
03/27/2025 03/27/25 For Sale $209,000 +120.0% $173 / Sq Ft
04/21/2014 04/21/14 Sold $95,000 -9.4% $73 / Sq Ft
03/26/2014 03/26/14 For Sale $104,900 -- $81 / Sq Ft
Source: BeachesMLS

Purchase History

Date Type Sale Price Title Company
Warranty Deed $95,000 The Title Network Inc
Warranty Deed $85,000 The Title Network Inc
Special Warranty Deed $47,500 New House Title L L C
Special Warranty Deed -- New House Title
Trustee Deed -- None Available
Quit Claim Deed -- Tlc Title Company Of Fl Inc
Quit Claim Deed -- --
Quit Claim Deed $50,000 --
Warranty Deed $42,500 Flagler Title Company
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Previous Owner $100,000 Purchase Money Mortgage
Previous Owner $52,500 Unknown
Source: Public Records

About the Listing Agent

Elizabeth Hoadley
Elizabeth Hoadley

Purely Palm Beach Real Estate LLC

(561) 834-6620

Section Image

A native of Palm Beach, Elizabeth Hoadley offers unparalleled expertise in the local market, backed by the prestigious CIPS Designation (Certified International Property Specialist). As the Owner and Broker of PurelyPalmBeach.com, she specializes in exceptional properties tailored to discerning clients.

Elizabeth is also the Founder of RealEstateEssentials.Online, a premier platform for real estate education, providing essential knowledge for buyers, sellers, and industry professionals

View Elizabeth's Profile

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Source: BeachesMLS

MLS Number: R11075558

BeachesMLS

APN: 74-43-43-17-09-000-2040

Florida Palm Beach County West Palm Beach 33401 Banyan Cay

2000 Presidential Way Unit 2040, West Palm Beach, FL

This home is located at 2000 Presidential Way Unit 2040, West Palm Beach, FL 33401 and is currently priced at $195,000, approximately $161 per square foot. This property was built in 1972. 2000 Presidential Way Unit 2040 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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Elizabeth Hoadley
Elizabeth Hoadley
Listing Agent Section Image
Purely Palm Beach Real Estate LLC
(561) 834-6620