Lincoln Tower 2400 Presidential Way Unit 2060 West Palm Beach, FL 33401
Banyan Cay Neighborhood
2
Beds
2
Baths
1,206
Sq Ft
$1,300/mo
HOA Fee
Highlights
- Fitness Center
- Golf Course View
- Furnished
- Gated with Attendant
- Clubhouse
- Community Pool
About This Home
As of April 2025Discover luxury living at the Lands of the President! This stunning second-floor condo boasts 2 spacious bedrooms and 2 modern bathrooms, fully furnished for your comfort. Enjoy breathtaking views of Banyan Cay Resort right from your home.With a new roof, updated lobby, and renovated balconies, this property is move-in ready. The owner is also willing to provide a private mortgage to a qualified buyer, making homeownership even more accessible.Perfectly situated, you'll be just moments from the Banyan Cay Golf Club, upscale dining options, and the fantastic shopping at Tanger Outlets. Whether you're looking for a primary residence, a secondary getaway, or a smart investment, this condo offers the ideal blend of location and lifestyle.Don't miss this exceptional opportunity!
Last Agent to Sell the Property
Century 21 Tenace Realty License #3562653 Listed on: 01/06/2025
Property Details
Home Type
- Condominium
Est. Annual Taxes
- $3,633
Year Built
- Built in 1972
HOA Fees
- $1,300 Monthly HOA Fees
Parking
- 1 Car Garage
Interior Spaces
- 1,206 Sq Ft Home
- Furnished
- Ceramic Tile Flooring
Kitchen
- Electric Range
- Microwave
- Dishwasher
Bedrooms and Bathrooms
- 2 Bedrooms
- Walk-In Closet
- 2 Full Bathrooms
- Dual Sinks
Laundry
- Laundry Room
- Washer and Dryer
Outdoor Features
- Open Patio
Utilities
- Central Heating and Cooling System
- Electric Water Heater
- Municipal Trash
- Cable TV Available
Listing and Financial Details
- Assessor Parcel Number 74434317100002060
Community Details
Overview
- Association fees include management, cable TV, pest control, water
- High-Rise Condominium
- Lands Of The President Co Subdivision
- 21-Story Property
Amenities
- Community Library
- Bike Room
Recreation
Security
- Gated with Attendant
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Jan 6, 2025
Closed on
Apr 25, 2025
Sold by
Mihailescu Rodica and Mihailescu Anthony
Bought by
Charnock Irina
Seller's Agent
Julii Then
Century 21 Tenace Realty
Buyer's Agent
Larisa V Leyzerzon
Atlantic Florida Properties Inc
List Price
$249,000
Sold Price
$225,000
Premium/Discount to List
-$24,000
-9.64%
Total Days on Market
82
Views
43
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
109.57%
Purchase Details
Listed on
Jan 16, 2017
Closed on
Aug 14, 2017
Sold by
Tibaldi Mario and Ddalle Torre Patricia R
Bought by
Mihailescu Rodica and Mihailescu Anthony
Seller's Agent
Mim Hochman
Century 21 America's Choice/WPB
Buyer's Agent
Mim Hochman
Century 21 America's Choice/WPB
List Price
$129,900
Sold Price
$124,000
Premium/Discount to List
-$5,900
-4.54%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
8.03%
Purchase Details
Listed on
Jan 10, 2013
Closed on
Apr 1, 2013
Sold by
Ftc Group Llc
Bought by
Tibaldi Mario and Torre Patricia R Della
Seller's Agent
Mustafa Altinok
Capital Investments R.E. Corp.
Buyer's Agent
Jorge Perez
LAER Realty Partners Bowen/Wellington
List Price
$99,000
Sold Price
$90,000
Premium/Discount to List
-$9,000
-9.09%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
7.65%
Purchase Details
Listed on
Jul 26, 2012
Closed on
Aug 17, 2012
Sold by
Bank Of America Na
Bought by
Ftc Group Llc
Seller's Agent
Rodney Forbes
Forbes Realty of South Florida
Buyer's Agent
Mustafa Altinok
Capital Investments R.E. Corp.
List Price
$51,000
Sold Price
$49,449
Premium/Discount to List
-$1,551
-3.04%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
231.26%
Purchase Details
Closed on
Nov 25, 2003
Sold by
Manley Albert and Manley Eda
Bought by
Putnam Keith C
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$78,400
Interest Rate
6.07%
Mortgage Type
Purchase Money Mortgage
Purchase Details
Closed on
Sep 18, 1996
Sold by
Jeffrey Simmons Tr and Judith Simmons Tr
Bought by
Manley Albert
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 | $225,000 | Performance Title | |
| Warranty Deed | $225,000 | Performance Title | |
| Warranty Deed | $124,000 | First International Tile Inc | |
| Warranty Deed | $90,000 | K Title Company Llc | |
| Special Warranty Deed | $49,449 | Premium Title Services Inc | |
| Warranty Deed | $98,000 | Universal Land Title Inc | |
| Warranty Deed | $49,000 | -- |
Source: Public Records
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Previous Owner | $50,000 | Credit Line Revolving | |
| Previous Owner | $78,400 | Purchase Money Mortgage |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 04/28/2025 04/28/25 | Sold | $225,000 | -9.6% | $187 / Sq Ft |
| 03/29/2025 03/29/25 | Pending | -- | -- | -- |
| 01/06/2025 01/06/25 | For Sale | $249,000 | +100.8% | $206 / Sq Ft |
| 08/14/2017 08/14/17 | Sold | $124,000 | -4.5% | $96 / Sq Ft |
| 07/15/2017 07/15/17 | Pending | -- | -- | -- |
| 01/16/2017 01/16/17 | For Sale | $129,900 | +44.3% | $100 / Sq Ft |
| 04/10/2013 04/10/13 | Sold | $90,000 | -9.1% | $70 / Sq Ft |
| 03/11/2013 03/11/13 | Pending | -- | -- | -- |
| 01/10/2013 01/10/13 | For Sale | $99,000 | +100.2% | $77 / Sq Ft |
| 10/09/2012 10/09/12 | Sold | $49,449 | -3.0% | $38 / Sq Ft |
| 09/09/2012 09/09/12 | Pending | -- | -- | -- |
| 07/26/2012 07/26/12 | For Sale | $51,000 | -- | $39 / 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 | $3,633 | $166,375 | -- | -- |
| 2023 | $3,440 | $151,250 | $0 | $0 |
| 2022 | $3,206 | $137,500 | $0 | $0 |
| 2021 | $2,914 | $125,000 | $0 | $125,000 |
| 2020 | $2,831 | $120,000 | $0 | $120,000 |
| 2019 | $2,825 | $120,000 | $0 | $120,000 |
| 2018 | $2,463 | $107,000 | $0 | $107,000 |
| 2017 | $2,099 | $95,000 | $0 | $0 |
| 2016 | $1,949 | $79,860 | $0 | $0 |
| 2015 | $1,851 | $72,600 | $0 | $0 |
| 2014 | -- | $66,000 | $0 | $0 |
Source: Public Records
Agents Affiliated with this Home
-
Julii Then
J
Seller's Agent in 2025
Julii Then
Century 21 Tenace Realty
2 in this area
4 Total Sales
-
Larisa V Leyzerzon
Buyer's Agent in 2025
Larisa V Leyzerzon
Atlantic Florida Properties Inc
(561) 689-4766
1 in this area
3 Total Sales
-
Mim Hochman
M
Seller's Agent in 2017
Mim Hochman
Century 21 America's Choice/WPB
(561) 689-6339
10 in this area
10 Total Sales
-
Mustafa Altinok
M
Seller's Agent in 2013
Mustafa Altinok
Capital Investments R.E. Corp.
(561) 324-4438
15 Total Sales
-
Jorge Perez
Buyer's Agent in 2013
Jorge Perez
LAER Realty Partners Bowen/Wellington
(561) 429-2070
28 Total Sales
-
R
Seller's Agent in 2012
Rodney Forbes
Forbes Realty of South Florida
About Lincoln Tower
Map
Source: BeachesMLS
MLS Number: R11049486
APN: 74-43-43-17-10-000-2060
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