Lincoln Tower 2400 Presidential Way Unit 1606 West Palm Beach, FL 33401
Banyan Cay Neighborhood
2
Beds
2
Baths
1,206
Sq Ft
$1,314/mo
HOA Fee
Highlights
- Doorman
- Gated with Attendant
- Clubhouse
- Fitness Center
- Golf Course View
- Community Pool
About This Home
As of May 2025Priced to Sell! Enjoy the magnificent panoramic views of the Golf Course in this open 2 bedroom 2 bath corner unit with 2 parking spaces 1 covered & 1 uncovered. Views are great day and night as at night you'll get the beautiful lights from the city & Outlets. This condo has floor to ceiling sliding doors, hurricane shutters & has 2 balconies for plenty of outdoor living. Newer air conditioner, Granite counter tops & Stainless steel appliances. Unit has 2 large walk-in closets, with shutters, extra storage & covered parking. Doorman building with manager on site in gated community. HOA fee Includes Wifi, Cable, water, Fitness center, party room and beautiful pool. Great location near Palm beach outlets, Beaches, Palm beach airport, City place & Downtown. No rentals 1st year. No Airbnb.
Last Agent to Sell the Property
Premier Brokers International License #3383823 Listed on: 02/21/2025
Property Details
Home Type
- Condominium
Est. Annual Taxes
- $4,180
Year Built
- Built in 1972
HOA Fees
- $1,314 Monthly HOA Fees
Interior Spaces
- 1,206 Sq Ft Home
- Combination Dining and Living Room
- Laminate Flooring
- Washer and Dryer
Kitchen
- Electric Range
- Microwave
- Dishwasher
Bedrooms and Bathrooms
- 2 Bedrooms
- Walk-In Closet
- 2 Full Bathrooms
Parking
- Over 1 Space Per Unit
- Guest Parking
- Assigned Parking
Utilities
- Central Heating and Cooling System
- Municipal Trash
- Cable TV Available
Listing and Financial Details
- Assessor Parcel Number 74434317100011606
- Seller Considering Concessions
Community Details
Overview
- Association fees include management, common areas, cable TV, pest control, pool(s), trash, water, internet
- Lands Of The President Co Subdivision
- 20-Story Property
Amenities
- Doorman
- Community Wi-Fi
Recreation
Security
- Gated with Attendant
- Resident Manager or Management On Site
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Feb 21, 2025
Closed on
May 2, 2025
Sold by
Miller Nancy Vaughn and Moring Albert Daniel
Bought by
James H Baror Living Trust and Bar
Seller's Agent
Hector Vazquez
Premier Brokers International
Buyer's Agent
Marie Vallon
Rinker Realty Inc
List Price
$249,000
Sold Price
$175,000
Premium/Discount to List
-$74,000
-29.72%
Views
30
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$9,545
Avg. Annual Appreciation
18.05%
Purchase Details
Listed on
Jul 30, 2020
Closed on
Nov 27, 2020
Sold by
West Steven M and West Linda M
Bought by
Miller Nancy V
Seller's Agent
Megan Dunn
Compass Florida LLC
Buyer's Agent
Steven Falk
Preferred General Realty LLC
List Price
$219,500
Sold Price
$185,000
Premium/Discount to List
-$34,500
-15.72%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
-1.25%
Purchase Details
Listed on
May 25, 2015
Closed on
Aug 27, 2015
Sold by
Wyss H Ross and Chamberlin Laurence A
Bought by
West Steven M and West Linda M
Seller's Agent
Shelley Gerst
The Corcoran Group
Buyer's Agent
Patricia Cherubin
The Keyes Company (PBG)
List Price
$127
Sold Price
$120,000
Premium/Discount to List
$119,873
94388.19%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
8.56%
Original Mortgage
$67,900
Interest Rate
4.09%
Mortgage Type
New Conventional
Purchase Details
Closed on
Mar 3, 2009
Sold by
Epstein Julian S
Bought by
Wyss H Ross and Chamberlin Laurence A
Similar Homes in West Palm Beach, FL
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Warranty Deed | $175,000 | Intracoastal Title | |
| Warranty Deed | $175,000 | Intracoastal Title | |
| Warranty Deed | $185,000 | None Available | |
| Warranty Deed | $102,000 | Attorney | |
| Warranty Deed | -- | Attorney | |
| Warranty Deed | $80,000 | Attorney |
Source: Public Records
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Previous Owner | $50,000 | Credit Line Revolving | |
| Previous Owner | $67,900 | New Conventional |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 05/02/2025 05/02/25 | Sold | $175,000 | -10.3% | $145 / Sq Ft |
| 04/11/2025 04/11/25 | Pending | -- | -- | -- |
| 03/31/2025 03/31/25 | Price Changed | $195,000 | -11.0% | $162 / Sq Ft |
| 03/11/2025 03/11/25 | Price Changed | $219,000 | -12.0% | $182 / Sq Ft |
| 02/21/2025 02/21/25 | For Sale | $249,000 | +34.6% | $206 / Sq Ft |
| 11/30/2020 11/30/20 | Sold | $185,000 | -15.7% | $143 / Sq Ft |
| 10/31/2020 10/31/20 | Pending | -- | -- | -- |
| 07/30/2020 07/30/20 | For Sale | $219,500 | +82.9% | $170 / Sq Ft |
| 08/27/2015 08/27/15 | Sold | $120,000 | +94388.2% | $93 / Sq Ft |
| 07/28/2015 07/28/15 | Pending | -- | -- | -- |
| 05/25/2015 05/25/15 | For Sale | $127 | -- | $0 / Sq Ft |
Source: BeachesMLS
Tax History Compared to Growth
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 | $4,180 | $189,002 | -- | -- |
| 2023 | $3,918 | $171,820 | $0 | $0 |
| 2022 | $3,600 | $156,200 | $0 | $0 |
| 2021 | $3,284 | $142,000 | $0 | $142,000 |
| 2020 | $1,600 | $106,494 | $0 | $0 |
| 2019 | $1,566 | $104,100 | $0 | $0 |
| 2018 | $1,430 | $102,159 | $0 | $0 |
| 2017 | $1,380 | $100,058 | $0 | $0 |
| 2016 | $1,375 | $98,000 | $0 | $0 |
| 2015 | $2,014 | $76,835 | $0 | $0 |
| 2014 | $1,835 | $69,850 | $0 | $0 |
Source: Public Records
Agents Affiliated with this Home
-
Hector Vazquez
Seller's Agent in 2025
Hector Vazquez
Premier Brokers International
(347) 208-4209
61 in this area
91 Total Sales
-
Marie Vallon
M
Buyer's Agent in 2025
Marie Vallon
Rinker Realty Inc
(561) 635-8113
8 in this area
22 Total Sales
-
Megan Dunn
M
Seller's Agent in 2020
Megan Dunn
Compass Florida LLC
(561) 267-3362
4 in this area
58 Total Sales
-
Ben Slayen
B
Seller Co-Listing Agent in 2020
Ben Slayen
Compass Florida LLC
(561) 909-7796
4 in this area
49 Total Sales
-
Steven Falk
Buyer's Agent in 2020
Steven Falk
Preferred General Realty LLC
(561) 777-3873
12 in this area
32 Total Sales
-
Shelley Gerst
Seller's Agent in 2015
Shelley Gerst
The Corcoran Group
(561) 655-9029
38 in this area
39 Total Sales
About Lincoln Tower
Map
Source: BeachesMLS
MLS Number: R11064618
APN: 74-43-43-17-10-001-1606
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