$245,000
SOLD JAN 31, 2025

Jefferson Tower 2425 Presidential Way Unit 4030 West Palm Beach, FL 33401

Banyan Cay Neighborhood
2 Beds
2 Baths
1,206 Sq Ft
$1,076/mo HOA Fee

Recently Sold

$203 Per Sq Ft

5% Below List Price

204 Days on Market

Highlights

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

About This Home

As of January 2025

Welcome to luxury living in West Palm Beach gated community Land of the Presidents. This stunning unit has been crafted to perfection with custom grade materials including marble flooring, top of the line stone countertop, new appliances, custom wood cabinetry and doors. Relax on a newly painted and resurfaced balcony overlooking the new Dutchman's Pipe private club with a multi-million dollar renovation to the Jack Nicklaus Signature Golf Course totally complete in September. Minutes away are the Palm Beach Outlets, dining, shopping, beaches, and downtown. This is an investor friendly suite that can be rented right away upon purchase. Special Assessment has been paid in full, brand new balconies in progress.

Last Agent to Sell the Property

Matthew Francese

Purple Cow Realty LLC License #3575768 Listed on: 07/10/2024

Last Buyer's Agent

Helin Siris

Johnston Group Real Estate Services LLC License #3485303

Johnston Group Real Estate Services LLC

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $1,686

Year Built

  • Built in 1974

HOA Fees

  • $1,076 Monthly HOA Fees

Property Views

  • Pool

Home Design

  • Entry on the 4th floor

Interior Spaces

  • 1,206 Sq Ft Home
  • Sliding Windows
  • Combination Dining and Living Room
  • Marble Flooring
  • Closed Circuit Camera

Kitchen

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

Bedrooms and Bathrooms

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

Laundry

  • Laundry Room
  • Washer and Dryer

Parking

  • Guest Parking
  • On-Street Parking
  • Assigned Parking

Additional Features

  • Patio
  • Central Heating and Cooling System

Listing and Financial Details

  • Assessor Parcel Number 74434318020004030

Community Details

Overview

  • Association fees include management, common areas, cable TV, insurance, laundry, ground maintenance, maintenance structure, parking, pool(s), security, water, internet
  • High-Rise Condominium
  • Lands Of The President Co Subdivision
  • 20-Story Property

Amenities

  • Doorman
  • Clubhouse
  • Laundry Facilities
  • Elevator
  • Community Storage Space
  • Community Wi-Fi

Recreation

  • Golf Course Community
  • Tennis Courts
  • Community Pool

Pet Policy

  • Pets Allowed

Security

  • Gated with Attendant
  • Resident Manager or Management On Site
  • Fire and Smoke Detector

Property Details

Home Type

Condominium

Est. Annual Taxes

$1,686

Year Built

Built in 1974

Lot Details

0

HOA Fees

$1,076 per month

Listing Details

  • Prop. Type: Residential
  • Property Sub Type: Condominium
  • Property Sub Type Additional: Condominium
  • Directions: I-95 to Exit 71 Palm Beach Lakes Blvd. east, make left on N Congress then right at first light on Presidential Way. Go to Jefferson Tower
  • Year Built: 1974
  • Architectural Style: High Rise
  • Entry Level: 4
  • Unit Levels: Three Or More
  • Year Built Details: Resale
  • Special Features: VirtualTour

Interior Features

  • Interior Amenities: Breakfast Area, Closet Cabinetry, Dual Sinks, Living/Dining Room, Pantry, Split Bedrooms, Walk-In Closet(s)
  • Furnished: Unfurnished
  • Appliances: Dryer, Dishwasher, Electric Range, Microwave, Refrigerator, Washer/Dryer, Washer
  • Full Bathrooms: 2
  • Total Bedrooms: 2
  • Flooring: Marble
  • Living Area: 1206.0
  • Dining Room Type: Laundry, Storage Room
  • Stories: 20
  • Window Features: Sliding

Exterior Features

  • Exterior Features: Patio
  • View: Golf Course, Pool
  • Pool Features: None, Association, Community
  • Waterfront: No
  • Disclosures: Owner Is Listing Agent
  • Construction Type: Block
  • Patio And Porch Features: Patio
  • Property Condition: Resale

Garage/Parking

  • Garage Yn: No
  • Parking Features: Assigned, Guest, On Street

Utilities

  • Laundry Features: Common Area, Washer Hookup, Dryer Hookup
  • Security: Closed Circuit Camera(s), Door Man, Gated with Guard, Security Guard, Smoke Detector(s)
  • 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: 1076.0
  • Community Features: Golf, Golf Course Community, Gated, Internet Access, Property Manager On-Site, Pool, Street Lights, Sidewalks, Tennis Court(s)
  • Senior Community: No
  • Amenities: Clubhouse, Fitness Center, Golf Course, Laundry, Management, Pool, Storage, Tennis Court(s), Elevator(s)
  • Association Fee Frequency: Monthly
  • Association: Yes
  • Pets Allowed: Yes

Fee Information

  • Association Fee Includes: Association Management, Common Areas, Cable TV, Insurance, Laundry, Maintenance Grounds, Maintenance Structure, Parking, Pool(s), Security, Water, Internet

Lot Info

  • Parcel #: 74434318020004030
  • Lot Size: Paved Road,Private Road,
  • Zoning Description: MF32(c

Tax Info

  • Tax Year: 2023
  • Tax Annual Amount: 1686.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 10, 2024
Closed on
Jan 29, 2025
Sold by
Maddex Investments Llc
Bought by
Falzarano Dianne Marie
Seller's Agent
Matthew Francese
Purple Cow Realty LLC
Buyer's Agent
Helin Siris
Johnston Group Real Estate Services LLC
List Price
$259,000
Sold Price
$245,000
Premium/Discount to List
-$14,000
-5.41%
Views
39
Current Estimated Value
$254,629

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$9,629
Avg. Annual Appreciation
5.83%
Original Mortgage
$100,000
Outstanding Balance
$99,399
Interest Rate
6.85%
Estimated Equity
$155,230

Purchase Details

Closed on
May 28, 2024
Sold by
Leiser Gloria A and Leiser Jay S
Bought by
Maddex Investments Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$157,000
Interest Rate
7.1%
Mortgage Type
Credit Line Revolving

Purchase Details

Listed on
Jun 15, 2019
Closed on
Jul 25, 2019
Sold by
Greene Richard S
Bought by
Leiser Jay S and Bermudez Gloria A Leiser
Seller's Agent
Tim Frater
Frater Realty LLC
Buyer's Agent
Diana Roberts
The Corcoran Group
List Price
$135,000
Sold Price
$120,000
Premium/Discount to List
-$15,000
-11.11%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
12.88%

Purchase Details

Closed on
Apr 13, 2001
Sold by
Barbara M Stone I
Bought by
Greene Richard S
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 $255,000 Platinum Title Insurers
Warranty Deed $225,500 Platinum Title Insurers
Warranty Deed $120,000 Attorney
Warranty Deed $71,000 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $100,000 No Value Available
Closed $129,500 New Conventional
Previous Owner $157,000 Credit Line Revolving
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
01/31/2025 01/31/25 Sold $245,000 -5.4% $203 / Sq Ft
11/13/2024 11/13/24 For Sale $259,000 +5.7% $215 / Sq Ft
11/07/2024 11/07/24 Off Market $245,000 -- --
10/03/2024 10/03/24 Price Changed $259,000 -3.7% $215 / Sq Ft
09/28/2024 09/28/24 Price Changed $269,000 -3.2% $223 / Sq Ft
09/16/2024 09/16/24 Price Changed $278,000 -0.7% $231 / Sq Ft
07/10/2024 07/10/24 For Sale $279,999 +133.3% $232 / Sq Ft
07/25/2019 07/25/19 Sold $120,000 -11.1% $93 / Sq Ft View Prior Sale
06/25/2019 06/25/19 Pending -- -- --
06/15/2019 06/15/19 For Sale $135,000 -- $104 / 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 $1,747 $117,560 -- --
2023 $1,686 $114,136 $0 $0
2022 $1,645 $110,812 $0 $0
2021 $1,620 $107,584 $0 $0
2020 $2,766 $117,000 $0 $117,000
2019 $817 $58,991 $0 $0
2018 $741 $57,891 $0 $0
2017 $717 $56,700 $0 $0
2016 $722 $55,534 $0 $0
2015 $737 $55,148 $0 $0
2014 $743 $54,710 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Matthew Francese

    Seller's Agent in 2025

    Matthew Francese

    Purple Cow Realty LLC

    (561) 268-4640

    1 in this area

    7 Total Sales

    Matthew Francese
    Section Image

  • H

    Buyer's Agent in 2025

    Helin Siris

    Johnston Group Real Estate Services LLC

    (561) 758-3237

    1 in this area

    10 Total Sales

    Helin Siris
    Section Image

  • T

    Seller's Agent in 2019

    Tim Frater

    Frater Realty LLC

    (561) 722-5761

    2 in this area

    70 Total Sales

    Tim Frater
    Section Image

  • D

    Buyer's Agent in 2019

    Diana Roberts

    The Corcoran Group

    (561) 510-3425

    27 Total Sales

    Diana Roberts
    Section Image
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About Jefferson Tower

Map

Source: BeachesMLS

MLS Number: R11003231

BeachesMLS

APN: 74-43-43-18-02-000-4030

Florida Palm Beach County West Palm Beach 33401 Banyan Cay

2425 Presidential Way Unit 4030, West Palm Beach, FL

This home is located at 2425 Presidential Way Unit 4030, West Palm Beach, FL 33401 and is currently priced at $245,000, approximately $203 per square foot. This property was built in 1974. 2425 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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