NOT LISTED FOR SALE

Washington Tower 2000 Presidential Way Unit 5050 West Palm Beach, FL 33401

Banyan Cay Neighborhood

Estimated Value: $234,355 - $303,000

2 Beds
2 Baths
1,134 Sq Ft
$1,025/mo HOA Fee

Last Sold May 17, 2024

Last sale price $280,000 $247 Per Sq Ft

Est. 4% decrease in value since last sale

Current estimated payment $2,856/month

68 Days on Market

Highlights

  • Doorman
  • Gated Community
  • Great Room
  • Fitness Center
  • Clubhouse
  • Community Pool

About This Home

As of May 2024

Price Improvement !! Astonishing 2-bed, 2-bath 5th-floor gem with a private balcony offering a breathtaking 180-degree view. Recent updates include permitted kitchen, plumbing, and electric improvements. The master suite and second bedroom feature a walk-in closet and balcony access. Washington Tower offers security, a doorman, a heated pool, 24-hour fitness and social rooms, on-site management, and reserved parking.The Lands of the President is a private community with 24/7 security, near Palm Beach Outlets, dining, Whole Foods, Target, PBI Airport, Route 95, beaches, Kravis, and The Square Downtown West Palm Beach. Ideal for investors, the current tenant plans to stay until October 2024 and is open to extending the lease. Don't miss this investor friendly.Golf course under construction.

Last Agent to Sell the Property

Julii Then

Century 21 Tenace Realty License #3562653 Listed on: 02/20/2024

Century 21 Tenace Realty

Last Buyer's Agent

Wendy Tuchfeld

Nardozzi Homes License #3371742

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $3,611

Year Built

  • Built in 1972

Lot Details

  • 2.84

HOA Fees

  • $1,025 Monthly HOA Fees

Interior Spaces

  • 1,134 Sq Ft Home
  • Sliding Windows
  • Great Room
  • Combination Dining and Living Room
  • Ceramic Tile Flooring

Kitchen

  • Electric Range
  • <<microwave>>
  • Ice Maker
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 2 Bedrooms
  • Walk-In Closet
  • 2 Full Bathrooms
  • Separate Shower in Primary Bathroom

Laundry

  • Laundry Room
  • Washer and Dryer

Parking

  • Guest Parking
  • Assigned Parking

Utilities

  • Central Heating and Cooling System
  • Municipal Trash
  • Cable TV Available

Listing and Financial Details

  • Assessor Parcel Number 74434317090005050

Community Details

Overview

  • High-Rise Condominium
  • Lands Of The President Co Subdivision
  • 21-Story Property

Amenities

  • Doorman
  • Clubhouse

Recreation

Security

  • Gated Community

Property Details

Home Type

Condominium

Est. Annual Taxes

$3,611

Year Built

Built in 1972

Lot Details

0

HOA Fees

$1,025 per month

Listing Details

  • Prop. Type: Residential
  • Property Sub Type: Condominium
  • Property Sub Type Additional: Condominium
  • Directions: Directions: I-95 to Exit 71 Palm Beach Lakes blvd east, make left on N Congress then right at first light on Presidential Way. Go through guardhouse and building will be first high rise
  • Year Built: 1972
  • Architectural Style: High Rise
  • Entry Level: 5
  • Unit Levels: Three Or More
  • Year Built Details: Resale
  • Special Features: VirtualTour

Interior Features

  • Interior Amenities: Elevator, Living/Dining Room, Separate Shower, Walk-In Closet(s)
  • Furnished: Unfurnished
  • Appliances: Dryer, Dishwasher, Electric Range, Disposal, Ice Maker, Microwave, Washer/Dryer, Washer
  • Full Bathrooms: 2
  • Total Bedrooms: 2
  • Flooring: Ceramic Tile
  • Living Area: 1134.0
  • Dining Room Type: Great Room, Laundry, Storage Room
  • Stories: 21
  • Window Features: Sliding

Exterior Features

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

Garage/Parking

  • Garage Yn: No
  • Parking Features: Assigned, Guest

Utilities

  • Security: Door Man
  • Cooling: Central Air
  • Cooling Y N: Yes
  • Heating: Central
  • Heating Yn: Yes
  • Utilities: Cable Available

Condo/Co-op/Association

  • Association Fee: 1025.0
  • Community Features: Gated, Pool
  • Senior Community: No
  • Amenities: Clubhouse, Fitness Center, Pool, Trash
  • Association Fee Frequency: Monthly

Lot Info

  • Parcel #: 74434317090005050
  • Zoning Description: MF32(c

Tax Info

  • Tax Year: 2023
  • Tax Annual Amount: 3611.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 20, 2024
Closed on
May 9, 2024
Sold by
Milhailescu Rodica and Milhailescu Anthony
Bought by
Collado Altagracia
Seller's Agent
Julii Then
Century 21 Tenace Realty
Buyer's Agent
Wendy Tuchfeld
Nardozzi Homes
List Price
$310,000
Sold Price
$280,000
Premium/Discount to List
-$30,000
-9.68%
Views
52
Current Estimated Value
$269,589

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$10,411
Avg. Annual Appreciation
-2.20%

Purchase Details

Listed on
Mar 1, 2021
Closed on
Oct 29, 2021
Sold by
Nieuchowicz Michael A and Michael Angel Nienchowici Trus
Bought by
Milbailescu Rodica and Milbailescu Anthony
Seller's Agent
Ilan Nieuchowicz
Delray Broker LLC
Buyer's Agent
Mim Hochman
Century 21 America's Choice/WPB
List Price
$173
Sold Price
$170,000
Premium/Discount to List
$169,828
98450.72%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
21.61%

Purchase Details

Listed on
Oct 18, 2017
Closed on
Dec 28, 2018
Sold by
Vazquez Hector
Bought by
Nieuchowicz Michael A and Michael Vercase Revocable Trus
Seller's Agent
Hector Vazquez
Premier Brokers International
Buyer's Agent
Hector Vazquez
Premier Brokers International
List Price
$189,000
Sold Price
$155,000
Premium/Discount to List
-$34,000
-17.99%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
3.31%

Purchase Details

Listed on
Jul 26, 2017
Closed on
Aug 31, 2017
Sold by
Jay Lawrence
Bought by
Vazquez Hector
Seller's Agent
Shelley Gerst
The Corcoran Group
Buyer's Agent
Hector Vazquez
Premier Brokers International
List Price
$149,900
Sold Price
$130,000
Premium/Discount to List
-$19,900
-13.28%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
14.25%

Purchase Details

Closed on
Nov 2, 2015
Sold by
Jay Irene M
Bought by
Jay Irene M and Jay Lawrence

Purchase Details

Closed on
Aug 6, 2014
Sold by
Jay Irene M
Bought by
Jay Irene M and Brown Louise Ellen

Purchase Details

Closed on
Jun 3, 2011
Sold by
Jay Irene M
Bought by
Jay Irene M
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
Collado Altagracia $280,000 Performance Title
Milbailescu Rodica $170,000 Intracoastal Title Llc
Nieuchowicz Michael A $155,000 Intracoastal Title Llc
Vazquez Hector $130,000 First Amer Title Ins Co
Jay Irene M -- Attorney
Jay Irene M -- Attorney
Jay Irene M -- Attorney
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/17/2024 05/17/24 Sold $280,000 -9.7% $247 / Sq Ft
04/29/2024 04/29/24 Pending -- -- --
04/20/2024 04/20/24 For Sale $310,000 0.0% $273 / Sq Ft
04/12/2024 04/12/24 Pending -- -- --
03/26/2024 03/26/24 Price Changed $310,000 +8.8% $273 / Sq Ft
03/25/2024 03/25/24 For Sale $285,000 0.0% $251 / Sq Ft
03/16/2024 03/16/24 Pending -- -- --
03/06/2024 03/06/24 Price Changed $285,000 -3.4% $251 / Sq Ft
02/20/2024 02/20/24 For Sale $295,000 0.0% $260 / Sq Ft
10/19/2023 10/19/23 Under Contract -- -- --
08/21/2023 08/21/23 Price Changed $2,150 -4.4% $2 / Sq Ft
07/11/2023 07/11/23 For Rent $2,250 +7.1% --
10/31/2022 10/31/22 Rented $2,100 0.0% --
10/29/2021 10/29/21 Sold $170,000 +98450.7% $152 / Sq Ft
09/29/2021 09/29/21 Pending -- -- --
03/01/2021 03/01/21 For Sale $173 0.0% $0 / Sq Ft
09/01/2020 09/01/20 Rented $1,500 0.0% --
08/02/2020 08/02/20 Under Contract -- -- --
07/04/2020 07/04/20 For Rent $1,500 0.0% --
12/28/2018 12/28/18 Sold $155,000 +10971.4% $139 / Sq Ft
11/28/2018 11/28/18 Pending -- -- --
06/18/2018 06/18/18 Rented $1,400 -12.5% --
05/19/2018 05/19/18 Under Contract -- -- --
12/01/2017 12/01/17 For Rent $1,600 0.0% --
10/18/2017 10/18/17 For Sale $189,000 +45.4% $169 / Sq Ft
09/01/2017 09/01/17 Sold $130,000 -13.3% $116 / Sq Ft
08/02/2017 08/02/17 Pending -- -- --
07/26/2017 07/26/17 For Sale $149,900 -- $134 / 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 $4,105 $179,685 -- --
2023 $3,611 $163,350 $0 $0
2022 $3,330 $148,500 $0 $0
2021 $2,610 $111,000 $0 $111,000
2020 $2,788 $118,000 $0 $118,000
2019 $2,837 $119,000 $0 $119,000
2018 $2,463 $107,000 $0 $107,000
2017 $706 $56,700 $0 $0
2016 $711 $55,534 $0 $0
2015 $725 $55,148 $0 $0
2014 $731 $54,710 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • J

    Seller's Agent in 2024

    Julii Then

    Century 21 Tenace Realty

    (561) 777-4302

    2 in this area

    5 Total Sales

    Julii Then
    Section Image
  • Wendy Tuchfeld

    Buyer's Agent in 2024

    Wendy Tuchfeld

    Nardozzi Homes

    (516) 524-1258

    3 in this area

    32 Total Sales

    Wendy Tuchfeld
    Section Image

  • M

    Seller's Agent in 2023

    Mim Hochman

    Century 21 America's Choice/WPB

    (561) 689-6339

    10 in this area

    10 Total Sales

    Mim Hochman
    Section Image

  • I

    Seller's Agent in 2021

    Ilan Nieuchowicz

    Delray Broker LLC

    (954) 494-0282

    8 in this area

    9 Total Sales

    Ilan Nieuchowicz
    Section Image
  • Hector Vazquez

    Seller's Agent in 2018

    Hector Vazquez

    Premier Brokers International

    (347) 208-4209

    63 in this area

    96 Total Sales

    Hector Vazquez
    Section Image

  • K

    Buyer's Agent in 2018

    Karina Lopez

    RE/MAX

    1 in this area

    23 Total Sales

    Karina Lopez
    Section Image
See All Agents

About Washington Tower

Map

Source: BeachesMLS

MLS Number: R10961542

BeachesMLS

APN: 74-43-43-17-09-000-5050

Florida Palm Beach County West Palm Beach 33401 Banyan Cay

2000 Presidential Way Unit 5050, West Palm Beach, FL

This home is located at 2000 Presidential Way Unit 5050, West Palm Beach, FL 33401 since 20 February 2024 and is currently estimated at $269,589, approximately $237 per square foot. This property was built in 1972. 2000 Presidential Way Unit 5050 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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