NOT LISTED FOR SALE

Lincoln Tower 2400 Presidential Way Unit 1205 West Palm Beach, FL 33401

Banyan Cay Neighborhood

Estimated Value: $166,891 - $203,000

1 Bed
1.5 Baths
898 Sq Ft
$820/mo HOA Fee

Last Sold February 15, 2024

Last sale price $150,000 $167 Per Sq Ft

Est. 22% increase in value since last sale

Current estimated payment $2,067/month

68 Days on Market

Highlights

  • Doorman
  • On Golf Course
  • Concrete Pool
  • Lake Front
  • Gated with Attendant
  • Canal Access

About This Home

As of February 2024

Welcome to The Lincoln Tower, your new home. Tower residents enjoy a suite of amenities, including a refreshing swimming pool, attentive concierge services, and secure parking. Unit 1205, with its beautiful views of the city, presents a rare opportunity to own a piece of the growing West Palm Beach luxury lifestyle. The prime location provides easy access to the heart of downtown West Palm Beach, along with new and established dining, shopping, and entertainment options. Conveniently located to international airports is just another reason to call the Lincoln Tower home.

Last Agent to Sell the Property

Patrick Ryan

Weichert Realtors-Sunshine Properties License #3536118 Listed on: 08/16/2023

Weichert Realtors-Sunshine Properties

Last Buyer's Agent

Patrick Ryan

Weichert Realtors-Sunshine Properties License #3536118 Listed on: 08/16/2023

Weichert Realtors-Sunshine Properties

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $2,790

Year Built

  • Built in 1972

Lot Details

  • Lake Front
  • On Golf Course

HOA Fees

  • $820 Monthly HOA Fees

Parking

  • Covered Parking

Home Design

  • Brick Exterior Construction

Interior Spaces

  • 898 Sq Ft Home
  • Ceiling Fan
  • Combination Dining and Living Room
  • Vinyl Flooring
  • Washer and Dryer

Kitchen

  • Microwave
  • Dishwasher

Bedrooms and Bathrooms

  • 1 Bedroom
  • Closet Cabinetry
  • Walk-In Closet

Outdoor Features

  • Canal Access
  • Patio

Utilities

  • Central Heating and Cooling System

Listing and Financial Details

  • Assessor Parcel Number 74434317100011205

Community Details

Overview

  • Association fees include pest control, sewer
  • High-Rise Condominium
  • Lands Of The President Co Subdivision
  • 20-Story Property

Recreation

Additional Features

  • Doorman
  • Gated with Attendant

Property Details

Home Type

Condominium

Est. Annual Taxes

$2,790

Year Built

Built in 1972

Lot Details

0

HOA Fees

$820 per month

Listing Details

  • Prop. Type: Residential
  • Property Sub Type: Condominium
  • Property Sub Type Additional: Condominium
  • Directions: From I95 head East on Palm Beach Lakes Blvd. Turn left onto N Congress Ave. Presidential Way will be on your right. Follow to guard gate. The tower will be on your right hand side.
  • Year Built: 1972
  • Architectural Style: High Rise
  • Entry Level: 1205
  • Unit Levels: Three Or More
  • Year Built Details: Resale
  • Special Features: VirtualTour

Interior Features

  • Interior Amenities: Closet Cabinetry, Elevator, Living/Dining Room, Walk-In Closet(s)
  • Furnished: Unfurnished
  • Appliances: Dryer, Dishwasher, Microwave, Refrigerator, Washer/Dryer, Washer
  • Full Bathrooms: 1
  • Half Bathrooms: 1
  • Total Bedrooms: 1
  • Flooring: Vinyl
  • Living Area: 898.0
  • Stories: 20

Exterior Features

  • Exterior Features: Patio
  • View: Golf Course
  • Lot Features: On Golf Course
  • Pool Features: Concrete, None, Association, Community
  • Waterfront Features: Canal Access, Lake Front
  • Waterfront: No
  • Construction Type: Brick Veneer, Block
  • Patio And Porch Features: Patio
  • Property Condition: Resale

Garage/Parking

  • Garage Yn: No
  • Parking Features: Covered

Utilities

  • Security: Door Man, Gated with Guard
  • Cooling: Central Air, Ceiling Fan(s)
  • Cooling Y N: Yes
  • Heating: Central
  • Heating Yn: Yes
  • Sewer: Public Sewer
  • Utilities: Electricity Available, Sewer Available, Water Available

Condo/Co-op/Association

  • Association Fee: 820.0
  • Community Features: Gated, Pool
  • Senior Community: No
  • Amenities: Pool
  • Association Fee Frequency: Monthly
  • Pets Allowed: No

Fee Information

  • Association Fee Includes: Pest Control, Sewer

Lot Info

  • Parcel #: 74434317100011205
  • Lot Size: Golf Front
  • Zoning Description: MF32(c

Tax Info

  • Tax Year: 2022
  • Tax Annual Amount: 2790.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Aug 18, 2025
Sold by
Ryan Thomas F
Bought by
Ryan Thomas F and Campbell Jessica
Current Estimated Value
$183,473

Purchase Details

Listed on
Aug 16, 2023
Closed on
Feb 15, 2024
Sold by
1205Ginny Llc
Bought by
Ryan Thomas F
Seller's Agent
Patrick Ryan
Weichert Realtors-Sunshine Properties
Buyer's Agent
Patrick Ryan
Weichert Realtors-Sunshine Properties
List Price
$232,000
Sold Price
$150,000
Premium/Discount to List
-$82,000
-35.34%
Views
62

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
13.15%
Original Mortgage
$150,000
Interest Rate
5%
Mortgage Type
Credit Line Revolving

Purchase Details

Closed on
Nov 1, 2020
Sold by
Ryan Steven and Dimeo Teresa
Bought by
1205Ginny Llc

Purchase Details

Closed on
Oct 7, 2020
Sold by
Ryna Patricia
Bought by
Ryan Steven

Purchase Details

Closed on
Dec 20, 2019
Sold by
Tobin Constance
Bought by
Ryan Steven

Purchase Details

Closed on
Oct 15, 2019
Sold by
Ryan Ann
Bought by
Ryan Steven

Purchase Details

Closed on
Oct 11, 2019
Sold by
Ryan James D
Bought by
Ryan Steven

Purchase Details

Closed on
Sep 16, 2019
Sold by
Ryan Lila and Estate Of Virginia L Ryan
Bought by
Dimeo Teresa and Ryan Patricia

Purchase Details

Closed on
Sep 23, 1997
Sold by
Pr Edward B Mcconville
Bought by
Ryan Francis T and Ryan Virginia L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$40,000
Interest Rate
7.46%
Mortgage Type
New Conventional
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 Buyer Sale Price Title Company
Ryan Thomas F -- None Listed On Document
Ryan Thomas F -- None Listed On Document
Ryan Thomas F $150,000 None Listed On Document
Ryan Thomas F $150,000 None Listed On Document
1205Ginny Llc -- Attorney
Ryan Steven -- Attorney
Ryan Steven -- Attorney
Ryan Steven -- Attorney
Ryan Steven -- Attorney
Dimeo Teresa -- Attorney
Ryan Francis T $37,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Ryan Thomas F $150,000
Previous Owner Ryan Francis T $40,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/15/2024 02/15/24 Sold $150,000 -21.1% $167 / Sq Ft
10/24/2023 10/24/23 Pending -- -- --
09/20/2023 09/20/23 Price Changed $190,000 -18.1% $212 / Sq Ft
08/16/2023 08/16/23 For Sale $232,000 -- $258 / 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 $3,250 $143,748 -- --
2023 $3,052 $130,680 $0 $0
2022 $2,790 $118,800 $0 $0
2021 $2,545 $108,000 $0 $108,000
2020 $2,502 $105,000 $0 $105,000
2019 $2,283 $94,000 $0 $94,000
2018 $352 $34,952 $0 $0
2017 $315 $34,233 $0 $0
2016 $302 $33,529 $0 $0
2015 $302 $33,296 $0 $0
2014 $300 $33,032 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • P

    Seller's Agent in 2024

    Patrick Ryan

    Weichert Realtors-Sunshine Properties

    (561) 379-2747

    1 in this area

    6 Total Sales

    Patrick Ryan
    Section Image
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About Lincoln Tower

Map

Source: BeachesMLS

MLS Number: R10912310

BeachesMLS

APN: 74-43-43-17-10-001-1205

Florida Palm Beach County West Palm Beach 33401 Banyan Cay

2400 Presidential Way Unit 1205, West Palm Beach, FL

This home is located at 2400 Presidential Way Unit 1205, West Palm Beach, FL 33401 since 16 August 2023 and is currently estimated at $183,473, approximately $204 per square foot. This property was built in 1972. 2400 Presidential Way Unit 1205 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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