$205,663 - $260,000
RENTED NOV 1, 2024

Lincoln Tower 2400 Presidential Way Unit 4030 West Palm Beach, FL 33401

Banyan Cay Neighborhood
2 Beds
2 Baths
1,206 Sq Ft
2.76 Acres

Highlights

  • Doorman
  • Fitness Center
  • Golf Course View
  • Golf Course Community
  • Gated with Attendant
  • Clubhouse

About This Home

As of November 2024

This renovated 2/2 in a doorman, high rise building in gated Lands of the President. This This condo features tile and wood flooring, an open kitchen with breakfast bar, smooth ceilings, new lighting, fans, glass shower doors, a newer a/c and in unit washer & dryer. The second bedroom is convertible with shoji sliding doors that can be open or closed depending on your lifestyle needs. Enjoy peaceful days on one of the two balconies overlooking Banyan Cay aka Dutchmans Pipe golf and spa Resort at scheduled to open Nov 24 , Great, convenient location across from the outlet mall and 10 minutes from PBIA ,downtown wpb financial district, City Place and the beaches.

Last Agent to Rent the Property

Shelley Gerst

The Corcoran Group License #566241 Listed on: 09/30/2024

The Corcoran Group

Last Renter's Agent

Sean Rasmus

Logan Realty Inc License #3241847

Condo Details

Home Type

  • Condominium

Est. Annual Taxes

  • $3,638

Year Built

  • Built in 1972

Lot Details

  • 2.76

Property Views

Home Design

  • Entry on the 4th floor

Interior Spaces

  • 1,206 Sq Ft Home
  • Built-In Features

Kitchen

  • Microwave
  • Dishwasher
  • Disposal

Flooring

  • Wood
  • Ceramic Tile

Bedrooms and Bathrooms

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

Laundry

  • Laundry Room
  • Dryer
  • Washer

Parking

  • Covered Parking
  • Assigned Parking

Outdoor Features

  • Open Patio
  • Porch

Utilities

  • Central Heating and Cooling System
  • Electric Water Heater
  • Municipal Trash

Listing and Financial Details

  • Property Available on 11/1/24
  • Assessor Parcel Number 74434317100004030
  • Seller Considering Concessions

Community Details

Overview

  • Association fees include internet
  • 1,000 Units
  • Lands Of The President Co Subdivision

Amenities

  • Doorman
  • Game Room
  • Community Wi-Fi

Recreation

  • Golf Course Community

Security

  • Gated with Attendant
  • Resident Manager or Management On Site

Condo Details

Home Type

Condominium

Est. Annual Taxes

$3,638

Year Built

Built in 1972

Lot Details

0

Rental Info

  • Available Date: 2024-11-01

Listing Details

  • Prop. Type: Residential Lease
  • Property Sub Type: Condominium
  • Property Sub Type Additional: Condominium
  • Directions: I 95 to Palm Beach Lakes Blvd. (Exit 71). East on Palm Beach Lakes Blvd to Congress. Left on Congress to traffic light at Presidential Way.
  • Year Built: 1972
  • Entry Level: 4
  • Special Features: VirtualTour

Interior Features

  • Interior Amenities: Built-in Features, Closet Cabinetry, Elevator, Pantry, Split Bedrooms, Tub Shower, Walk-In Closet(s)
  • Furnished: Unfurnished
  • Appliances: Dryer, Dishwasher, Electric Water Heater, Disposal, Microwave, Refrigerator, Washer
  • Full Bathrooms: 2
  • Total Bedrooms: 2
  • Flooring: Ceramic Tile, Wood
  • Living Area: 1206.0
  • Dining Room Type: Laundry, Storage Room

Exterior Features

  • Exterior Features: Balcony
  • View: Golf Course, Other, Pool
  • Pool Features: None, Association, Community
  • Waterfront: No
  • Patio And Porch Features: Balcony, Open, Porch

Garage/Parking

  • Garage Yn: No
  • Parking Features: Assigned, Covered

Utilities

  • Security: Door Man, Gated with Guard, Security Guard
  • Cooling: Central Air, Electric
  • Cooling Y N: Yes
  • Heating: Central, Electric
  • Heating Yn: Yes

Condo/Co-op/Association

  • Community Features: Clubhouse, Golf, Golf Course Community, Game Room, Gated, Internet Access, Property Manager On-Site, Pool, Sidewalks
  • Senior Community: No
  • Amenities: Clubhouse, Fitness Center, Golf Course, Management, Pool, Trash
  • Pets Allowed: No

Fee Information

  • Association Fee Includes: Internet

Lot Info

  • Parcel #: 74434317100004030
  • Land Lease Amount Frequency: Monthly

Multi Family

  • Number Of Units In Community: 1000

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Nov 24, 2009
Sold by
Incollingo Dominic Z
Bought by
Ferman Mauro and Ferman Berta
Current Estimated Value
$238,916

Purchase Details

Closed on
Nov 18, 2005
Sold by
Aschheim Barbara and Heiftz Nancy
Bought by
Incollingo Dominic

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$136,150
Interest Rate
5.5%
Mortgage Type
Fannie Mae Freddie Mac
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 Buyer Sale Price Title Company
Ferman Mauro $70,000 Associates Land Title Inc
Incollingo Dominic $194,500 First American Title Ins Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Incollingo Dominic $136,150
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/01/2024 11/01/24 Rented $2,400 -4.0% --
09/30/2024 09/30/24 For Rent $2,500 +19.0% --
10/21/2021 10/21/21 Rented -- -- --
10/05/2021 10/05/21 For Rent $2,100 +31.3% --
10/14/2019 10/14/19 Rented $1,600 -5.9% --
09/14/2019 09/14/19 Under Contract -- -- --
06/12/2019 06/12/19 For Rent $1,700 -32.0% --
10/27/2017 10/27/17 Rented $2,500 +47.1% --
09/27/2017 09/27/17 Under Contract -- -- --
05/24/2017 05/24/17 For Rent $1,700 -32.0% --
10/26/2016 10/26/16 Rented $2,500 +66.7% --
10/17/2016 10/17/16 Under Contract -- -- --
07/06/2016 07/06/16 Price Changed $1,500 -9.1% $1 / Sq Ft
06/14/2016 06/14/16 Price Changed $1,650 -8.3% $1 / Sq Ft
05/23/2016 05/23/16 For Rent $1,800 +38.5% --
04/11/2013 04/11/13 Rented $1,300 -7.1% --
03/12/2013 03/12/13 Under Contract -- -- --
12/11/2012 12/11/12 For Rent $1,400 -- --
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 $3,638 $164,056 -- --
2023 $3,436 $149,142 $0 $0
2022 $3,192 $135,584 $0 $0
2021 $2,902 $127,000 $0 $127,000
2020 $2,727 $122,000 $0 $122,000
2019 $2,601 $122,000 $0 $122,000
2018 $2,259 $109,000 $0 $109,000
2017 $2,057 $97,000 $0 $0
2016 $1,912 $76,533 $0 $0
2015 $1,819 $69,575 $0 $0
2014 $1,641 $63,250 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Shelley Gerst

    Landlord's Agent in 2024

    Shelley Gerst

    The Corcoran Group

    (561) 655-9029

    36 in this area

    37 Total Sales

    Shelley Gerst
    Section Image
  • Sean Rasmus

    Tenant's Agent in 2024

    Sean Rasmus

    Logan Realty Inc

    (561) 262-0125

    9 in this area

    58 Total Sales

    Sean Rasmus
    Section Image
  • Renee Pollack

    Seller's Agent in 2021

    Renee Pollack

    Coldwell Banker Realty

    (305) 965-1850

    48 Total Sales

    Renee Pollack
    Section Image

  • N

    Seller Co-Listing Agent in 2021

    Natalie Gaylis

    Coldwell Banker Realty

    (305) 975-3990

    40 Total Sales

    Natalie Gaylis
    Section Image

  • D

    Buyer's Agent in 2019

    Dell Rubin

    Nest Seekers Florida, LLC

  • E

    Buyer's Agent in 2013

    Elizabeth Bridges

    Douglas Elliman

    (561) 352-4422

    31 Total Sales

    Elizabeth Bridges
    Section Image
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About Lincoln Tower

Map

Source: BeachesMLS

MLS Number: R11025169

BeachesMLS

APN: 74-43-43-17-10-000-4030

Florida Palm Beach County West Palm Beach 33401 Banyan Cay

2400 Presidential Way Unit 4030, West Palm Beach, FL

This home is located at 2400 Presidential Way Unit 4030, West Palm Beach, FL 33401 since 30 September 2024 and is currently priced at $238,916. This property was built in 1972. 2400 Presidential Way Unit 4030 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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