NOT LISTED FOR SALE

Lincoln Tower 2400 Presidential Way Unit 1701 West Palm Beach, FL 33401

Banyan Cay Neighborhood

Estimated Value: $347,726 - $422,000

3 Beds
2 Baths
1,499 Sq Ft
$1,233/mo HOA Fee

Last Sold November 13, 2023

Last sale price $400,000 $267 Per Sq Ft

Est. 5% decrease in value since last sale

Current estimated payment $3,778/month

203 Days on Market

Highlights

  • Doorman
  • Fitness Center
  • Clubhouse
  • Lake Front
  • Gated with Attendant
  • Community Pool

About This Home

As of November 2023

Beautifully updated open 3 bedroom 2 bath corner unit with amazing panoramic views of the Banyan Cay Jack Nicklaus Signature Golf course. Located in prestigious gated community of Lands of the President, the views are magnificent day and night with floor to ceiling sliding doors & 2 balconies for plenty of outdoor living. Granite counter tops, Stainless steel appliances & beautiful cabinets. Unit has large walk-in closets, with shutters, extra storage & 2 parking spaces. Doorman building plus manager on site in gated community. Includes Wifi & Cable, Fitness center, party room and beautiful pool. Great location near Palm beach outlets, Beaches, Palm beach airport, City place, downtown west palm beach, restaurants & so much more.

Last Agent to Sell the Property

Hector Vazquez

Premier Brokers International License #3383823 Listed on: 03/27/2023

Premier Brokers International

Last Buyer's Agent

Albert Pavon

Pavon Realty Group, LLC License #3115993

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $4,142

Year Built

  • Built in 1972

Lot Details

  • Lake Front

HOA Fees

  • $1,233 Monthly HOA Fees

Property Views

Home Design

  • Entry on the 17th floor

Interior Spaces

  • 1,499 Sq Ft Home
  • Wet Bar
  • Combination Dining and Living Room
  • Security Gate
  • Washer and Dryer

Kitchen

  • Electric Range
  • Microwave
  • Dishwasher

Flooring

  • Laminate
  • Ceramic Tile

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Walk-In Closet
  • 2 Full Bathrooms

Parking

  • Over 1 Space Per Unit
  • Guest Parking
  • Open Parking
  • Assigned Parking

Outdoor Features

  • Open Patio

Utilities

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

Listing and Financial Details

  • Assessor Parcel Number 74434317100011701

Community Details

Overview

  • Association fees include management, cable TV, ground maintenance, maintenance structure, pest control, trash, water, internet
  • Lands Of The President Co Subdivision
  • 20-Story Property

Amenities

  • Doorman
  • Community Storage Space
  • Community Wi-Fi

Recreation

Security

  • Gated with Attendant
  • Resident Manager or Management On Site
  • Card or Code Access

Property Details

Home Type

Condominium

Est. Annual Taxes

$4,142

Year Built

Built in 1972

Lot Details

0

HOA Fees

$1,233 per month

Listing Details

  • Prop. Type: Residential
  • Property Sub Type: Condominium
  • Property Sub Type Additional: Condominium
  • Directions: I-95 to exit 71 Palm Beach Lakes Blvd east make a left on N Congress, right at Presidential way with traffic light. Go thru security gate to 2400 Presidential guest parking on the right.
  • Year Built: 1972
  • Entry Level: 17
  • Year Built Details: Resale
  • Special Features: VirtualTour

Interior Features

  • Interior Amenities: Wet Bar, Living/Dining Room, Pantry, Walk-In Closet(s)
  • Appliances: Dryer, Dishwasher, Electric Range, Microwave, Refrigerator, Washer/Dryer, Washer
  • Full Bathrooms: 2
  • Total Bedrooms: 3
  • Flooring: Ceramic Tile, Laminate
  • Living Area: 1499.0
  • Stories: 20

Exterior Features

  • Exterior Features: Balcony
  • View: Golf Course, Lake
  • Pool Features: None, Association, Community
  • View: Yes
  • Waterfront Features: Lake Front
  • Waterfront: Yes
  • Construction Type: Block
  • Patio And Porch Features: Balcony, Open
  • Property Condition: Resale

Garage/Parking

  • Garage Yn: No
  • Open Parking: Yes
  • Parking Features: Assigned, Guest, Open, Two or More Spaces

Utilities

  • Security: Door Man, Security Gate, Gated with Guard, Key Card Entry, Security Guard
  • Cooling: Central Air
  • Cooling Y N: Yes
  • Heating: Central
  • Heating Yn: Yes
  • Utilities: Cable Available, Electricity Available

Condo/Co-op/Association

  • Association Fee: 1233.0
  • Community Features: Gated, Internet Access, Property Manager On-Site, Pool
  • Senior Community: No
  • Amenities: Clubhouse, Fitness Center, Management, Pool, Storage, Trash
  • Association Fee Frequency: Monthly

Fee Information

  • Association Fee Includes: Association Management, Cable TV, Maintenance Grounds, Maintenance Structure, Pest Control, Trash, Water, Internet

Lot Info

  • Parcel #: 74434317100011701
  • Zoning Description: MF32(c

Tax Info

  • Tax Year: 2022
  • Tax Annual Amount: 4142.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 27, 2023
Closed on
Nov 13, 2023
Sold by
Dostie Marc and Dostie Simone
Bought by
Levitt Edward
Seller's Agent
Hector Vazquez
Premier Brokers International
Buyer's Agent
Albert Pavon
Pavon Realty Group, LLC
List Price
$459,000
Sold Price
$400,000
Premium/Discount to List
-$59,000
-12.85%
Views
78
Current Estimated Value
$379,932

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$20,068
Avg. Annual Appreciation
-2.59%

Purchase Details

Listed on
Dec 21, 2017
Closed on
Apr 18, 2018
Sold by
Leopold Sondra C and Leopold Sondra C
Bought by
Dostie Simone and Dostie Marc
Seller's Agent
Joan Wynne
Premier Brokers International
Buyer's Agent
Mim Hochman
Century 21 America's Choice/WPB
List Price
$249,900
Sold Price
$225,000
Premium/Discount to List
-$24,900
-9.96%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
10.86%

Purchase Details

Closed on
Jul 20, 2017
Sold by
Leopold Sonda C
Bought by
Sondra C Leopold Living Trust

Purchase Details

Closed on
Dec 16, 2004
Sold by
Kantor Leonard and Kantor Millie
Bought by
Leopold Jerry and Leopold Sondra

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$90,100
Interest Rate
3.5%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

Range of Values:

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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
Levitt Edward $400,000 Intracoastal Title
Levitt Edward $400,000 Intracoastal Title
Dostie Simone $225,000 South Florida Title Insurers
Sondra C Leopold Living Trust -- Attorney
Leopold Jerry $215,000 Reliable Title Services Inc
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Leopold Jerry $90,100
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
11/13/2023 11/13/23 Sold $400,000 -8.9% $267 / Sq Ft
10/17/2023 10/17/23 Pending -- -- --
05/11/2023 05/11/23 Price Changed $439,000 -4.4% $293 / Sq Ft
03/27/2023 03/27/23 For Sale $459,000 +104.0% $306 / Sq Ft
04/18/2018 04/18/18 Sold $225,000 -10.0% $150 / Sq Ft View Prior Sale
03/19/2018 03/19/18 Pending -- -- --
12/21/2017 12/21/17 For Sale $249,900 -- $167 / 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 $6,629 $314,000 -- --
2023 $4,572 $185,130 $0 $0
2022 $4,142 $168,300 $0 $0
2021 $3,523 $153,000 $0 $153,000
2020 $3,469 $149,000 $0 $149,000
2019 $3,502 $149,000 $0 $149,000
2018 $3,523 $156,000 $0 $156,000
2017 $3,283 $144,000 $0 $0
2016 $916 $77,537 $0 $0
2015 $932 $76,998 $0 $0
2014 $929 $76,387 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Hector Vazquez

    Seller's Agent in 2023

    Hector Vazquez

    Premier Brokers International

    (347) 208-4209

    60 in this area

    90 Total Sales

    Hector Vazquez
    Section Image
  • Albert Pavon

    Buyer's Agent in 2023

    Albert Pavon

    Pavon Realty Group, LLC

    (561) 644-2201

    2 in this area

    309 Total Sales

    Albert Pavon
    Section Image

  • L

    Buyer Co-Listing Agent in 2023

    Lauren Ralph

    Pavon Realty Group, LLC

    (561) 667-0404

    1 in this area

    83 Total Sales

    Lauren Ralph
    Section Image

  • J

    Seller's Agent in 2018

    Joan Wynne

    Premier Brokers International

    (561) 308-2181

    11 in this area

    13 Total Sales

    Joan Wynne
    Section Image

  • M

    Buyer's Agent in 2018

    Mim Hochman

    Century 21 America's Choice/WPB

    (561) 689-6339

    10 in this area

    10 Total Sales

    Mim Hochman
    Section Image
See All Agents

About Lincoln Tower

Map

Source: BeachesMLS

MLS Number: R10876923

BeachesMLS

APN: 74-43-43-17-10-001-1701

Florida Palm Beach County West Palm Beach 33401 Banyan Cay

2400 Presidential Way Unit 1701, West Palm Beach, FL

This home is located at 2400 Presidential Way Unit 1701, West Palm Beach, FL 33401 since 27 March 2023 and is currently estimated at $379,932, approximately $253 per square foot. This property was built in 1972. 2400 Presidential Way Unit 1701 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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