NOT LISTED FOR SALE

Jefferson Tower 2425 Presidential Way Unit Penthouse 1 West Palm Beach, FL 33401

Banyan Cay Neighborhood

Estimated Value: $274,000 - $404,000

2 Beds
2 Baths
1,294 Sq Ft
$1,076/mo HOA Fee

Last Sold April 11, 2024

Last sale price $382,500 $296 Per Sq Ft

Est. 16% decrease in value since last sale

Current estimated payment $3,057/month

76 Days on Market

Highlights

  • Doorman
  • Fitness Center
  • Sun or Florida Room
  • Ocean View
  • Gated with Attendant
  • Furnished

About This Home

As of April 2024

PENTHOUSE MASTERPIECE! Experience this beautiful PENTHOUSE offering luxurious coastal living in this exquisite 2-bed, 2-bath unit.Totally renovated from top to bottom! Marvel at the breathtaking ocean,lake and golf course views from 2 large balconies. PENTHOUSE VIEWS of Jack Nicklaus signature golf course. Sunsets and amazing views from Singer Island to Palm Beach Island. The PENTHOUSE VIEWS ARE AMAZING!Featuring an open floor plan with meticulously updated kitchen and bathrooms. This residence is epitome of modern elegance,offering a lifestyle of unparalleled comfort and tranquility.It comes fully furnished. Conveniently located to downtown West Palm Beach, beaches,dining, shopping, I-95.Pet friendly!Welcome home to your coastal oasis

Last Agent to Sell the Property

Joseph Annese

LoKation License #3229445 Listed on: 01/25/2024

LoKation

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $2,300

Year Built

  • Built in 1974

HOA Fees

  • $1,076 Monthly HOA Fees

Property Views

  • Garden

Home Design

  • Flat Roof Shape
  • Tile Roof

Interior Spaces

  • 1,294 Sq Ft Home
  • Wet Bar
  • Custom Mirrors
  • Furnished
  • Bar
  • Fireplace
  • Plantation Shutters
  • Blinds
  • Sliding Windows
  • French Doors
  • Formal Dining Room
  • Open Floorplan
  • Sun or Florida Room
  • Ceramic Tile Flooring

Kitchen

  • Breakfast Area or Nook
  • Eat-In Kitchen
  • Electric Range
  • Microwave
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 2 Bedrooms
  • Closet Cabinetry
  • Walk-In Closet
  • 2 Full Bathrooms
  • Bidet
  • Dual Sinks
  • Separate Shower in Primary Bathroom

Home Security

  • Home Security System
  • Security Lights
  • Motion Detectors

Parking

  • Detached Garage
  • Guest Parking
  • Open Parking
  • Deeded Parking

Utilities

  • Central Heating and Cooling System
  • Municipal Trash

Listing and Financial Details

  • Assessor Parcel Number 7744343180200121101

Community Details

Overview

  • Association fees include management, common areas, cable TV, insurance, laundry, ground maintenance, maintenance structure, parking, pest control, pool(s), recreation facilities, roof, sewer, security, trash, water
  • High-Rise Condominium
  • Lands Of The President Subdivision
  • 20-Story Property

Amenities

  • Doorman
  • Game Room
  • Community Library
  • Elevator

Recreation

  • Community Pool

Security

  • Gated with Attendant
  • Phone Entry
  • Fire and Smoke Detector

Property Details

Home Type

Condominium

Est. Annual Taxes

$2,300

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: PALM BEACH LAKES BLVD TO CONGRESS NORTH TO GATE ON RIGHT HAND SIDE OF OUTLETS
  • Year Built: 1974
  • Architectural Style: High Rise
  • Entry Level: 1
  • Unit Levels: Three Or More
  • Year Built Details: Resale
  • Special Features: VirtualTour

Interior Features

  • Interior Amenities: Wet Bar, Bidet, Breakfast Area, Closet Cabinetry, Dining Area, Separate/Formal Dining Room, Dual Sinks, Eat-in Kitchen, Elevator, Family/Dining Room, French Door(s)/Atrium Door(s), Fireplace, Kitchen/Dining Combo, Living/Dining Room, Custom Mirrors, Separate Shower, Bar, Walk-In Closet(s)
  • Private Spa: No
  • Furnished: Furnished
  • Appliances: Cooktop, Dishwasher, Electric Range, Disposal, Microwave, Refrigerator
  • Full Bathrooms: 2
  • Total Bedrooms: 2
  • Door Features: French Doors
  • Fireplace: Yes
  • Flooring: Ceramic Tile, Tile
  • Living Area: 1294.0
  • Dining Room Type: Dining Room, Florida Room
  • Stories: 20
  • Window Features: Blinds, Drapes, Plantation Shutters, Sliding

Exterior Features

  • View: Golf Course, Garden, Intercoastal, Lake, Ocean, Other, Water
  • Pool Features: None, Association, Community
  • View: Yes
  • Waterfront: No
  • Construction Type: Block
  • Property Condition: Resale
  • Roof: Flat, Tile

Garage/Parking

  • Attached Garage: No
  • Garage Yn: No
  • Open Parking: Yes
  • Parking Features: Covered, Deeded, Detached, Garage, Guest, Open

Utilities

  • Security: Security System, Closed Circuit Camera(s), Door Man, Gated with Guard, Motion Detectors, Phone Entry, Security Guard, Security Lights, Smoke Detector(s)
  • Cooling: Central Air
  • Cooling Y N: Yes
  • Heating: Central, Electric
  • Heating Yn: Yes
  • Utilities: Electricity Available

Condo/Co-op/Association

  • Association Fee: 1076.0
  • Community Features: Game Room, Gated, Pool, Street Lights
  • Senior Community: No
  • Amenities: Fitness Center, Library, Pool, Trash, Elevator(s)
  • Association Fee Frequency: Monthly

Fee Information

  • Association Fee Includes: Association Management, Common Areas, Cable TV, Insurance, Laundry, Maintenance Grounds, Maintenance Structure, Other, Parking, Pest Control, Pool(s), Recreation Facilities, Roof, Sewer, Security, Trash, Water

Lot Info

  • Parcel #: 7744343180200121101
  • Lot Size: 0
  • Zoning Description: RES
  • ResoLotSizeUnits: SquareFeet

Tax Info

  • Tax Year: 2024
  • Tax Annual Amount: 2300.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 25, 2024
Closed on
Apr 11, 2024
Sold by
Justiniano David and Justiniano Sueli
Bought by
Roldan Paul and Roldan Sonia
Seller's Agent
Joseph Annese
LoKation
List Price
$434,900
Sold Price
$382,500
Premium/Discount to List
-$52,400
-12.05%
Views
56
Current Estimated Value
$323,151

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$59,349
Avg. Annual Appreciation
-8.45%
Original Mortgage
$306,000
Outstanding Balance
$302,537
Interest Rate
6.87%
Mortgage Type
New Conventional
Estimated Equity
$37,868

Purchase Details

Closed on
May 17, 2017
Sold by
Ali Suzan
Bought by
Justiniano David

Purchase Details

Closed on
Aug 31, 2005
Sold by
Nellen Carlos and Nellen Susan
Bought by
Ali Sukran

Purchase Details

Closed on
May 13, 2005
Sold by
Nellen Carlos and Nellen Susan
Bought by
Nellen Carlos

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$172,000
Interest Rate
5.74%
Mortgage Type
New Conventional

Purchase Details

Closed on
May 27, 2004
Sold by
Shlensky Marvin B and Sutton Shlensky Donna L
Bought by
Nellen Carlos

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$143,600
Interest Rate
5.89%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Nov 30, 2001
Sold by
Shlensky Marvin B and Sutton Shlensky Donna L
Bought by
Sutton Shlensky Donna L

Purchase Details

Closed on
May 1, 2000
Sold by
Schaftel Stuart and Schaftel Barbara L
Bought by
Shlensky Marvin B
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 Buyer Sale Price Title Company
Roldan Paul $382,500 Closing Team
Justiniano David $145,000 Sage Title & Escrow Svcs Inc
Ali Sukran $250,000 --
Nellen Carlos -- S & S Title Partners
Nellen Carlos $179,500 Flagler Title Company
Sutton Shlensky Donna L -- --
Shlensky Marvin B $90,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Roldan Paul $306,000
Previous Owner Justiniano David $75,000
Previous Owner Nellen Carlos $172,000
Previous Owner Nellen Carlos $143,600
Closed Nellen Carlos $35,900
Closed Nellen Carlos $23,500
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/11/2024 04/11/24 Sold $382,500 -3.1% $296 / Sq Ft
02/12/2024 02/12/24 Price Changed $394,900 -7.1% $305 / Sq Ft
02/02/2024 02/02/24 Price Changed $424,900 -2.3% $328 / Sq Ft
01/25/2024 01/25/24 For Sale $434,900 0.0% $336 / Sq Ft
01/01/2023 01/01/23 Rented $4,400 -12.0% --
03/29/2022 03/29/22 For Rent $5,000 -- --
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 $2,356 $147,367 -- --
2023 $2,282 $143,075 $0 $0
2022 $2,237 $138,908 $0 $0
2021 $2,213 $134,862 $0 $0
2020 $2,194 $133,000 $0 $133,000
2019 $2,329 $138,000 $0 $138,000
2018 $2,853 $125,000 $0 $125,000
2017 $2,391 $113,000 $0 $0
2016 $2,233 $90,043 $0 $0
2015 $2,130 $81,857 $0 $0
2014 $1,937 $74,415 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • J

    Seller's Agent in 2024

    Joseph Annese

    LoKation

    (561) 803-7779

    3 in this area

    16 Total Sales

    Section Image
  • Taryn Pisaneschi

    Seller's Agent in 2023

    Taryn Pisaneschi

    EXP Realty LLC

    (561) 645-8833

    7 in this area

    98 Total Sales

    Section Image
  • Mark Hermann

    Buyer's Agent in 2023

    Mark Hermann

    EXP Realty LLC

    (561) 452-5667

    45 Total Sales

    Section Image
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About Jefferson Tower

Map

Source: BeachesMLS

MLS Number: R10953701

BeachesMLS

APN: 74-43-43-18-02-001-2101

Florida Palm Beach County West Palm Beach 33401 Banyan Cay

2425 Presidential Way Unit Penthouse 1, West Palm Beach, FL

This home is located at 2425 Presidential Way Unit Penthouse 1, West Palm Beach, FL 33401 since 25 January 2024 and is currently estimated at $323,151, approximately $249 per square foot. This property was built in 1974. 2425 Presidential Way Unit Penthouse 1 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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