$49,449
SOLD OCT 9, 2012

Lincoln Tower 2400 Presidential Way Unit 2060 West Palm Beach, FL 33401

Banyan Cay Neighborhood
2 Beds
2 Baths
1,294 Sq Ft
$648/mo HOA Fee

Recently Sold

$38 Per Sq Ft

3% Below List Price

44 Days on Market

Highlights

  • Doorman
  • Gated with Attendant
  • Great Room
  • Golf Course Community
  • Clubhouse
  • Community Pool

About This Home

As of April 2025

Great opportunity to own a condo in the golf/country club community of Lands President. Community is gated, as well as a lobby guard downstairs. This is not a short sale, quick closing is available. Convenient location to downtown, airport and beach!

Last Agent to Sell the Property

Rodney Forbes

Forbes Realty of South Florida License #3192785 Listed on: 07/26/2012

Last Buyer's Agent

Mustafa Altinok

Capital Investments R.E. Corp. License #3165056

Property Details

Home Type

  • Condominium

Year Built

  • Built in 1972

Lot Details

  • South Facing Home

HOA Fees

  • $648 Monthly HOA Fees

Parking

  • Assigned Parking

Interior Spaces

  • 1,294 Sq Ft Home
  • Great Room
  • Carpet
  • Dryer

Kitchen

  • Electric Range
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 2 Bedrooms
  • Split Bedroom Floorplan
  • Walk-In Closet
  • 2 Full Bathrooms

Utilities

  • Central Heating and Cooling System
  • Electric Water Heater

Listing and Financial Details

  • Assessor Parcel Number 74434317100002060

Community Details

Overview

  • Association fees include management, common areas, cable TV, insurance, maintenance structure, parking, security, water
  • Lands President Condo 03 Subdivision
  • 15-Story Property

Amenities

  • Doorman

Recreation

  • Golf Course Community

Security

  • Gated with Attendant
  • Resident Manager or Management On Site

Property Details

Home Type

Condominium

Year Built

Built in 1972

Lot Details

0

HOA Fees

$648 per month

Listing Details

  • Prop. Type: Residential
  • Property Sub Type: Condominium
  • Property Sub Type Additional: Condominium
  • Directions: PG Lakes Blv, north on Congress, Rt on President, thru gate to Lincoln Towe
  • Year Built: 1972
  • Special Features: RealEstateOwned

Interior Features

  • Interior Amenities: Split Bedrooms, Walk-In Closet(s)
  • Furnished: Unfurnished
  • Appliances: Dryer, Dishwasher, Electric Range, Electric Water Heater, Disposal, Refrigerator
  • Full Bathrooms: 2
  • Total Bedrooms: 2
  • Flooring: Carpet
  • Living Area: 1294.0
  • Dining Room Type: Great Room
  • Stories: 15

Exterior Features

  • Pool Features: None, Community
  • Waterfront: No
  • Construction Type: Block
  • Direction Faces: South

Garage/Parking

  • Parking Features: Assigned

Utilities

  • Security: Door Man, Gated with Guard
  • Cooling: Central Air, Electric
  • Cooling Y N: Yes
  • Heating: Central, Electric
  • Heating Yn: Yes
  • Sewer: Public Sewer
  • Utilities: Sewer Available, Water Available
  • Water Source: Public

Condo/Co-op/Association

  • Association Fee: 648.0
  • Community Features: Clubhouse, Golf, Golf Course Community, Property Manager On-Site, Pool
  • Senior Community: No
  • Association Fee Frequency: Monthly
  • Pets Allowed: Conditional, No

Fee Information

  • Association Fee Includes: Association Management, Common Areas, Cable TV, Insurance, Maintenance Structure, Parking, Security, Water

Lot Info

  • Parcel #: 74434317100002060
  • Zoning Description: R

Tax Info

  • Tax Year: 2011
  • Tax Annual Amount: 1420.0

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%
Views
43
Current Estimated Value
$238,601

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$13,601
Avg. Annual Appreciation
23.66%

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
Source: Public Records

Range of Values:

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Average Value
Not Available
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 $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

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 $3,633 $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

  • J

    Seller's Agent in 2025

    Julii Then

    Century 21 Tenace Realty

    (561) 777-4302

    2 in this area

    5 Total Sales

    Julii Then
    Section Image
  • Larisa V Leyzerzon

    Buyer's Agent in 2025

    Larisa V Leyzerzon

    Atlantic Florida Properties Inc

    (561) 689-4766

    1 in this area

    2 Total Sales

    Larisa V Leyzerzon
    Section Image

  • M

    Seller's Agent in 2017

    Mim Hochman

    Century 21 America's Choice/WPB

    (561) 689-6339

    10 in this area

    10 Total Sales

    Mim Hochman
    Section Image

  • M

    Seller's Agent in 2013

    Mustafa Altinok

    Capital Investments R.E. Corp.

    (561) 324-4438

    12 Total Sales

    Mustafa Altinok
    Section Image
  • Jorge Perez

    Buyer's Agent in 2013

    Jorge Perez

    LAER Realty Partners Bowen/Wellington

    (561) 429-2070

    29 Total Sales

    Jorge Perez
    Section Image

  • R

    Seller's Agent in 2012

    Rodney Forbes

    Forbes Realty of South Florida

See All Agents

About Lincoln Tower

Map

Source: BeachesMLS

MLS Number: R3298499

BeachesMLS

APN: 74-43-43-17-10-000-2060

Florida Palm Beach County West Palm Beach 33401 Banyan Cay

2400 Presidential Way Unit 2060, West Palm Beach, FL

This home is located at 2400 Presidential Way Unit 2060, West Palm Beach, FL 33401 and is currently priced at $49,449, approximately $38 per square foot. This property was built in 1972. 2400 Presidential Way Unit 2060 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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