$275,000
$20K PRICE DROP

Lincoln Tower 2400 Presidential Way Unit 5030 Floor 5 West Palm Beach, FL 33401

Banyan Cay Neighborhood

Estimated payment $3,028/month

Total Views 61,307
2 Beds
2 Baths
1,206 Sq Ft
$228 Price per Sq Ft

Highlights

  • Water Views
  • Gated Community
  • Business Center
  • Fitness Center
  • Community Pool
  • Breakfast Area or Nook

About This Home

Step into effortless elegance in this beautifully upgraded 2-bedroom, 2-bath residence at Lands of the President--sold fully furnished with all newer, designer-selected pieces that perfectly complement the light, coastal feel of the home. The kitchen is a showstopper with sleek stone countertops, a contemporary backsplash, and upgraded ceilings that open the space. Rich wood floors add warmth, while custom crown molding, designer paint, plantation shutters, closet systems, and mirrors reflect over $20,000 in recent improvements.Enjoy peaceful golf and pool views from your private balcony in a secured building with luxury amenities--heated pool, fitness center, 24-hour security, game room, and more. Ideally situated just minutes from the vibrant energy of Downtown West Palm Beach,

Listing Agent

Carla Chitstenson

One Sotheby's International Re License #649578 Listed on: 05/19/2025

One Sotheby's International Re

Co-Listing Agent

Richard Powers

One Sotheby's International Re License #3578826

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $2,551

Year Built

  • Built in 1972

HOA Fees

  • $1,373 Monthly HOA Fees

Parking

  • Assigned Parking

Property Views

Home Design

  • Entry on the 5th floor

Interior Spaces

  • 1,206 Sq Ft Home
  • Custom Mirrors
  • Ceiling Fan
  • Sliding Windows
  • Attic Fan
  • Washer and Dryer

Kitchen

  • Breakfast Area or Nook
  • Breakfast Bar
  • Electric Range
  • Microwave
  • Dishwasher

Flooring

  • Ceramic Tile
  • Vinyl

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 2 Full Bathrooms

Outdoor Features

  • Open Patio

Utilities

  • Central Heating and Cooling System
  • Municipal Trash

Listing and Financial Details

  • Assessor Parcel Number 74434317100005030

Community Details

Overview

  • Association fees include maintenance structure
  • Lands Of The President Co Subdivision
  • 20-Story Property

Recreation

Additional Features

  • Business Center
  • Gated Community

Property Details

Home Type

Condominium

Est. Annual Taxes

$2,551

Year Built

Built in 1972

Lot Details

0

HOA Fees

$1,373 per month

Listing Details

  • Prop. Type: Residential
  • Property Sub Type: Condominium
  • Property Sub Type Additional: Condominium
  • Directions: Palm Beach Lakes Blvd east, turn north on Congress Ave then turn east into the Lands of the President
  • Year Built: 1972
  • Entry Level: 5
  • Year Built Details: Resale
  • Special Features: VirtualTour

Interior Features

  • Interior Amenities: Breakfast Bar, Breakfast Area, Custom Mirrors, Tub Shower
  • Furnished: Unfurnished
  • Appliances: Dryer, Dishwasher, Electric Range, Microwave, Refrigerator, Washer/Dryer, Washer
  • Full Bathrooms: 2
  • Total Bedrooms: 2
  • Flooring: Ceramic Tile, Other, Vinyl
  • Living Area: 1206.0
  • Stories: 20
  • Window Features: Sliding

Exterior Features

  • Exterior Features: Balcony
  • View: Other, Pool, Water
  • Pool Features: None, Association, Community
  • Pool Private: No
  • Waterfront: No
  • Construction Type: Block
  • Patio And Porch Features: Balcony, Open
  • Property Condition: Resale

Garage/Parking

  • Garage Yn: No
  • Parking Features: Assigned

Utilities

  • Cooling: Attic Fan, Central Air, Ceiling Fan(s)
  • Cooling Y N: Yes
  • Heating: Central, Electric
  • Heating Yn: Yes
  • Sewer: Public Sewer
  • Utilities: Electricity Available, Sewer Available, Water Available
  • Water Source: Public

Condo/Co-op/Association

  • Association Fee: 1373.0
  • Community Features: Gated, Pool, Street Lights
  • Senior Community: No
  • Amenities: Business Center, Fitness Center, Pool, Trash
  • Association Fee Frequency: Monthly
  • Association: Yes
  • Pets Allowed: No

Fee Information

  • Association Fee Includes: Maintenance Structure

Lot Info

  • Parcel #: 74434317100005030
  • Zoning Description: MF32(c

Tax Info

  • Tax Year: 2024
  • Tax Annual Amount: 2551.0

Map

Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





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 $2,551 $166,888 -- --
2023 $3,530 $154,880 $0 $176,000
2022 $3,276 $140,800 $0 $0
2021 $2,980 $128,000 $0 $128,000
2020 $2,897 $123,000 $0 $123,000
2019 $2,859 $123,000 $0 $123,000
2018 $2,495 $110,000 $0 $110,000
2017 $2,274 $98,000 $0 $0
2016 $471 $57,629 $0 $0
2015 $629 $57,228 $0 $0
2014 $634 $56,774 $0 $0
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
10/18/2025 10/18/25 Price Changed $275,000 -6.8% $228 / Sq Ft
05/22/2025 05/22/25 For Sale $295,000 -4.8% $245 / Sq Ft
09/08/2023 09/08/23 Sold $310,000 -3.1% $240 / Sq Ft View Prior Sale
08/21/2023 08/21/23 Pending -- -- --
07/28/2023 07/28/23 Price Changed $320,000 -2.7% $247 / Sq Ft
06/20/2023 06/20/23 Price Changed $329,000 -0.2% $254 / Sq Ft
06/09/2023 06/09/23 Price Changed $329,500 -0.1% $255 / Sq Ft
06/01/2023 06/01/23 Price Changed $329,900 0.0% $255 / Sq Ft
05/02/2023 05/02/23 Price Changed $330,000 -2.7% $255 / Sq Ft
03/16/2023 03/16/23 Price Changed $339,000 -3.0% $262 / Sq Ft
01/06/2023 01/06/23 For Sale $349,500 +125.5% $270 / Sq Ft
11/12/2020 11/12/20 Sold $155,000 -11.4% $120 / Sq Ft View Prior Sale
10/13/2020 10/13/20 Pending -- -- --
06/20/2020 06/20/20 For Sale $175,000 +88.2% $135 / Sq Ft
09/02/2016 09/02/16 Sold $93,000 -21.8% $72 / Sq Ft View Prior Sale
08/03/2016 08/03/16 Pending -- -- --
04/04/2016 04/04/16 For Sale $119,000 -- $92 / Sq Ft
Source: BeachesMLS

Purchase History

Date Type Sale Price Title Company
Warranty Deed -- --
Warranty Deed -- --
Warranty Deed $310,000 Intracoastal Title
Warranty Deed $310,000 Intracoastal Title
Warranty Deed $155,000 Trilogy Title Services Inc
Deed $93,000 --
Warranty Deed -- None Available
Interfamily Deed Transfer -- Attorney
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Previous Owner $98,000 New Conventional
Source: Public Records

About the Listing Agent

Carla Chitstenson

One Sotheby's International Re

(561) 926-9365

Section Image

Carla Christenson is a powerhouse in the real estate industry and a trusted name synonymous with excellence. Ranked as the #1 Top Producer for the Sotheby’s International Realty Jupiter office and proudly positioned in the top 1% of agents in the Nation, Carla is a true leader in her field.

A third-generation real estate broker and lifelong resident of Jupiter, Carla’s deep-rooted connection to Palm Beach and Martin County runs generations strong. With over 27 years of full-time

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Source: BeachesMLS

MLS Number: R11092027

BeachesMLS

APN: 74-43-43-17-10-000-5030