$340,000
SOLD APR 14, 2025

Lincoln Tower 2400 Presidential Way Unit 1804 West Palm Beach, FL 33401

Banyan Cay Neighborhood
3 Beds
2 Baths
1,404 Sq Ft
$1,567/mo HOA Fee

Recently Sold

$242 Per Sq Ft

6% Below List Price

81 Days on Market

Highlights

  • Doorman
  • Fitness Center
  • Waterfront
  • On Golf Course
  • Gated with Attendant
  • Clubhouse

About This Home

As of April 2025

This beautifully updated condo in the prestigious gated community of Lands of the President offers phenomenal views of the Banyan Cay Jack Nicklaus Signature Golf Course, Palm Beach skyline, and ocean. The open concept unit features modern upgrades, including granite countertops, all new stainless steel appliances, new floorings in bedrooms, newer washer and dryer, newer AC, uodated bathroom, hurricane shutters and floor-to-ceiling sliding doors opening to two balconies. You will love the 2 additional storage rooms and 2 assigned parking spot close to entrance. Residents enjoy luxurious & full service amenities such as a saltwater pool, fitness center, a doorman, party room, and 24-hour security. Conveniently located near the Palm Beach Outlet Mall, downtown West Palm Beach, and beaches.

Last Agent to Sell the Property

Quan Nickler

EXP Realty LLC License #3352746 Listed on: 01/23/2025

EXP Realty LLC

Last Buyer's Agent

Quan Nickler

EXP Realty LLC License #3352746 Listed on: 01/23/2025

EXP Realty LLC

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $5,107

Year Built

  • Built in 1974

Lot Details

  • Waterfront
  • On Golf Course

HOA Fees

  • $1,567 Monthly HOA Fees

Parking

  • Over 1 Space Per Unit

Property Views

Home Design

  • Entry on the 18th floor
  • Tar and Gravel Roof

Interior Spaces

  • 1,404 Sq Ft Home
  • Wet Bar
  • Furnished
  • Built-In Features
  • Sliding Windows
  • Formal Dining Room

Kitchen

  • Electric Range
  • Microwave
  • Dishwasher
  • Disposal

Flooring

  • Carpet
  • Ceramic Tile

Bedrooms and Bathrooms

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

Home Security

Utilities

  • Central Air
  • Heating Available
  • Electric Water Heater
  • Cable TV Available

Listing and Financial Details

  • Assessor Parcel Number 74434317100011804

Community Details

Overview

  • Association fees include management, common areas, cable TV, electricity, insurance, laundry, ground maintenance, maintenance structure, parking, pest control, pool(s), reserve fund, roof, sewer, security, trash, water
  • 1,000 Units
  • Lands Of The Presidents Subdivision
  • 20-Story Property

Amenities

  • Doorman
  • Community Storage Space
  • Elevator

Recreation

  • Golf Course Community

Security

  • Gated with Attendant
  • Phone Entry
  • Fire and Smoke Detector

Property Details

Home Type

Condominium

Est. Annual Taxes

$5,107

Year Built

Built in 1974

Lot Details

0

HOA Fees

$1,567 per month

Listing Details

  • Prop. Type: Residential
  • Property Sub Type: Condominium
  • Property Sub Type Additional: Condominium
  • Directions: Palm Beach Lakes Blvd to Congress north to first traffic light turn right onto Presidential Way to the guardhouse.
  • Year Built: 1974
  • Entry Level: 18
  • Year Built Details: Resale
  • Special Features: VirtualTour

Interior Features

  • Interior Amenities: Wet Bar, Built-in Features, Dining Area, Separate/Formal Dining Room, Elevator, Tub Shower, Walk-In Closet(s)
  • Furnished: Furnished
  • Appliances: Dishwasher, Electric Range, Electric Water Heater, Disposal, Microwave, Refrigerator
  • Full Bathrooms: 2
  • Total Bedrooms: 3
  • Flooring: Carpet, Ceramic Tile
  • Living Area: 1404.0
  • Stories: 20
  • Window Features: Sliding

Exterior Features

  • View: Golf Course, Pool, Water
  • Lot Features: On Golf Course
  • Pool Features: None, Association, Community
  • View: Yes
  • Waterfront: Yes
  • Construction Type: Block
  • Property Condition: Resale
  • Roof: Tar/Gravel

Garage/Parking

  • Garage Yn: No
  • Parking Features: Two or More Spaces

Utilities

  • Security: Door Man, Gated with Guard, Phone Entry, Smoke Detector(s)
  • Cooling: Central Air, Electric
  • Cooling Y N: Yes
  • Heating: Electric
  • Heating Yn: Yes
  • Sewer: Public Sewer
  • Utilities: Cable Available, Electricity Available, Sewer Available, Water Available
  • Water Source: Public

Condo/Co-op/Association

  • Association Fee: 1567.0
  • Community Features: Golf, Golf Course Community, Gated, Pool
  • Senior Community: No
  • Amenities: Clubhouse, Fitness Center, Golf Course, Pool, Storage, Elevator(s)
  • Association Fee Frequency: Monthly
  • Association: Yes
  • Pets Allowed: No

Fee Information

  • Association Fee Includes: Association Management, Common Areas, Cable TV, Electricity, Insurance, Laundry, Maintenance Grounds, Maintenance Structure, Parking, Pest Control, Pool(s), Reserve Fund, Roof, Sewer, Security, Trash, Water

Lot Info

  • Parcel #: 74434317100011804
  • Lot Size: Golf Front
  • Zoning Description: resident
  • ResoLotSizeUnits: SquareFeet

Tax Info

  • Tax Year: 2024
  • Tax Annual Amount: 5107.0

Multi Family

  • Number Of Units In Community: 1000

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 23, 2025
Closed on
Mar 21, 2025
Sold by
Martins Clara Marie Nobre Alves and Martins Albili
Bought by
Cobb John M
Seller's Agent
Quan Nickler
EXP Realty LLC
Buyer's Agent
Quan Nickler
EXP Realty LLC
List Price
$360,000
Sold Price
$340,000
Premium/Discount to List
-$20,000
-5.56%
Views
19
Current Estimated Value
$365,749

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$25,749
Avg. Annual Appreciation
5.68%
Original Mortgage
$190,000
Outstanding Balance
$189,325
Interest Rate
6.63%
Mortgage Type
New Conventional
Estimated Equity
$158,845

Purchase Details

Listed on
Nov 12, 2014
Closed on
Jan 7, 2015
Sold by
Verdier Michael and Verdier Nicole
Bought by
Martins Clara Marie Nobre and Martins Alves
Seller's Agent
Denis Lussier
Denis Lussier RE Broker
Buyer's Agent
Steven Falk
Preferred General Realty LLC
List Price
$189,000
Sold Price
$157,000
Premium/Discount to List
-$32,000
-16.93%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
7.85%

Purchase Details

Closed on
Mar 14, 2008
Sold by
Frank Audrey
Bought by
Verdier Michael and Verdier Nicole

Purchase Details

Closed on
Apr 25, 2000
Sold by
Berman Matthew M and Berman Sybil
Bought by
Berman Matthew W
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 Type Sale Price Title Company
Warranty Deed $340,000 Florida International Title &
Warranty Deed $157,000 Automated Land Title Co
Warranty Deed $150,000 Symphony Title Insurance Age
Warranty Deed -- --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $190,000 New Conventional
Previous Owner $100,000 Credit Line Revolving
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/14/2025 04/14/25 Sold $340,000 -5.6% $242 / Sq Ft
01/23/2025 01/23/25 For Sale $360,000 +129.3% $256 / Sq Ft
01/23/2015 01/23/15 Sold $157,000 -16.9% $87 / Sq Ft
12/24/2014 12/24/14 Pending -- -- --
11/12/2014 11/12/14 For Sale $189,000 -- $105 / 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 $5,107 $204,974 -- --
2023 $4,602 $186,340 $0 $273,000
2022 $4,165 $169,400 $0 $0
2021 $3,545 $154,000 $0 $154,000
2020 $3,491 $150,000 $0 $150,000
2019 $3,524 $150,000 $0 $150,000
2018 $3,545 $157,000 $0 $157,000
2017 $3,305 $145,000 $0 $0
2016 $3,261 $140,000 $0 $0
2015 $2,339 $94,380 $0 $0
2014 $2,237 $85,800 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Q

    Seller's Agent in 2025

    Quan Nickler

    EXP Realty LLC

    (561) 315-3563

    3 in this area

    112 Total Sales

    Quan Nickler
    Section Image

  • D

    Seller's Agent in 2015

    Denis Lussier

    Denis Lussier RE Broker

    (561) 689-1670

    5 in this area

    6 Total Sales

    Denis Lussier
    Section Image
  • Steven Falk

    Buyer's Agent in 2015

    Steven Falk

    Preferred General Realty LLC

    (561) 777-3873

    12 in this area

    32 Total Sales

    Steven Falk
    Section Image
See All Agents

About Lincoln Tower

Map

Source: BeachesMLS

MLS Number: R11055792

BeachesMLS

APN: 74-43-43-17-10-001-1804

Florida Palm Beach County West Palm Beach 33401 Banyan Cay

2400 Presidential Way Unit 1804, West Palm Beach, FL

This home is located at 2400 Presidential Way Unit 1804, West Palm Beach, FL 33401 and is currently priced at $340,000, approximately $242 per square foot. This property was built in 1974. 2400 Presidential Way Unit 1804 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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