$600,000
UNDER CONTRACT $25K PRICE DROP

2427 Presidential Way Unit 1201 West Palm Beach, FL 33401

Banyan Cay Neighborhood

Estimated payment $5,574/month

Total Views 2,027
2 Beds
2 Baths
2,209 Sq Ft
$272 Price per Sq Ft

Highlights

  • Doorman
  • On Golf Course
  • Gated with Attendant
  • Lake Front
  • Fitness Center
  • Great Room

About This Home

SELLER LOSING $400K+ ON THIS SALE! THE RENOVATION TOOK OVER TWO YEARS TO COMPLETE AND SELLER NEVER MOVED IN! Recently stripped to the concrete shell and masterfully renovated, this Penthouse residence showcases top-tier Wolf and Sub-Zero appliances alongside exquisite designer finishes throughout. This smart home integrates cutting-edge automation for seamless living. Located minutes from downtown West Palm Beach, residents enjoy full-service amenities including a doorman, guard-gated security, fitness center, and a resort-style pool and spa. This pet-friendly building provides the perfect blend of security, sophistication, and leisure. Experience elevated Florida living with panoramic golf course views and the finest modern luxuries at your fingertips.

Listing Agent

Harrison Allen

Waterfront Properties & Club C License #3328351 Listed on: 05/29/2025

Waterfront Properties & Club C

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $8,664

Year Built

  • Built in 1982

Lot Details

  • Lake Front
  • On Golf Course
  • Fenced

HOA Fees

  • $1,711 Monthly HOA Fees

Property Views

  • Lake
  • Lagoon
  • Golf Course

Home Design

  • Entry on the 12th floor

Interior Spaces

  • 2,209 Sq Ft Home
  • Bar
  • Entrance Foyer
  • Great Room
  • Family Room
  • Open Floorplan
  • Tile Flooring

Kitchen

  • Built-In Oven
  • Electric Range
  • Microwave
  • Dishwasher

Bedrooms and Bathrooms

  • 2 Bedrooms
  • Split Bedroom Floorplan
  • Walk-In Closet
  • 2 Full Bathrooms
  • Separate Shower in Primary Bathroom

Laundry

  • Laundry Room
  • Washer and Dryer
  • Laundry Tub

Home Security

Parking

  • Detached Carport Space
  • Guest Parking
  • Assigned Parking

Outdoor Features

  • Balcony
  • Open Patio
  • Wrap Around Porch

Schools

  • Roosevelt Community Middle School
  • Palm Beach Lakes High School

Utilities

  • Central Heating and Cooling System
  • Electric Water Heater

Listing and Financial Details

  • Assessor Parcel Number 74434318080001201
  • Seller Considering Concessions

Community Details

Overview

  • Association fees include management, common areas, cable TV, hot water, insurance, pool(s), recreation facilities, sewer, security, water
  • Parliament East Subdivision
  • 12-Story Property

Amenities

  • Doorman
  • Elevator
  • Community Storage Space

Recreation

  • Fitness Center
  • Community Pool
  • Community Spa

Security

  • Gated with Attendant
  • Resident Manager or Management On Site
  • Card or Code Access
  • Impact Glass

Property Details

Home Type

Condominium

Est. Annual Taxes

$8,664

Year Built

Built in 1982

Lot Details

0

HOA Fees

$1,711 per month

Listing Details

  • Prop. Type: Residential
  • Property Sub Type: Condominium
  • Property Sub Type Additional: Condominium
  • Directions: I95 - East on Palm Beach Lakes Blvd to Congress North. Right on Presidential Way
  • Year Built: 1982
  • Carport Y N: Yes
  • Entry Level: 12
  • Year Built Details: Resale
  • Special Features: 4224

Interior Features

  • Interior Amenities: Entrance Foyer, Kitchen/Dining Combo, Living/Dining Room, Split Bedrooms, Separate Shower, Bar, Walk-In Closet(s)
  • Furnished: Unfurnished
  • Spa Features: Community
  • Appliances: Built-In Oven, Dishwasher, Electric Range, Electric Water Heater, Microwave, Refrigerator, Washer/Dryer
  • Full Bathrooms: 2
  • Total Bedrooms: 2
  • Flooring: Tile
  • Living Area: 2209.0
  • Dining Room Type: Family Room, Great Room, Laundry
  • Stories: 12
  • Window Features: Impact Glass

Exterior Features

  • Exterior Features: Balcony, Porch, Patio
  • View: Golf Course, Lagoon, Lake, Water
  • Fencing: Wall
  • Lot Features: On Golf Course
  • Pool Features: None, Association, Community
  • Pool Private: No
  • View: Yes
  • Waterfront Features: Lake Front
  • Waterfront: Yes
  • Construction Type: Block
  • Patio And Porch Features: Balcony, Open, Patio, Wrap Around
  • Property Condition: Resale
  • Roof: Other

Garage/Parking

  • Garage Yn: No
  • Parking Features: Assigned, Covered, Detached Carport, Guest

Utilities

  • Laundry Features: Laundry Tub
  • Security: Door Man, Gated with Guard, Key Card Entry
  • Cooling: Central Air, Electric
  • 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: 1711.0
  • Community Features: Gated, Property Manager On-Site, Pool, Street Lights
  • Senior Community: No
  • Amenities: Fitness Center, Management, Pool, Spa/Hot Tub, Storage, Elevator(s)
  • Association Fee Frequency: Monthly
  • Association: Yes

Fee Information

  • Association Fee Includes: Association Management, Common Areas, Cable TV, Hot Water, Insurance, Pool(s), Recreation Facilities, Sewer, Security, Water

Schools

  • High School: Palm Beach Lakes
  • Middle Or Junior School: Roosevelt Community

Lot Info

  • Parcel #: 74434318080001201
  • Lot Size: Golf Front,Paved Road,Si
  • Zoning Description: MF32(c

Tax Info

  • Tax Year: 2024
  • Tax Annual Amount: 8664.0

Map

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

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 $8,664 $385,990 -- --
2023 $8,234 $350,900 $0 $0
2022 $6,924 $319,000 $0 $0
2021 $3,431 $190,859 $0 $0
2020 $3,407 $188,224 $0 $0
2019 $3,349 $183,992 $0 $0
2018 $3,137 $180,561 $0 $0
2017 $5,347 $238,000 $0 $0
2016 $4,079 $163,350 $0 $0
2015 $3,819 $148,500 $0 $0
2014 $3,267 $135,000 $0 $0
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
10/04/2025 10/04/25 Off Market $600,000 -- --
10/03/2025 10/03/25 For Sale $600,000 0.0% $272 / Sq Ft
07/15/2025 07/15/25 Price Changed $600,000 -4.0% $272 / Sq Ft
05/29/2025 05/29/25 For Sale $625,000 +25.3% $283 / Sq Ft
07/30/2021 07/30/21 Sold $499,000 -13.2% $233 / Sq Ft View Prior Sale
06/30/2021 06/30/21 Pending -- -- --
06/15/2021 06/15/21 For Sale $575,000 +53.3% $268 / Sq Ft
12/15/2016 12/15/16 Sold $375,000 -1.3% $175 / Sq Ft View Prior Sale
11/15/2016 11/15/16 Pending -- -- --
02/03/2016 02/03/16 For Sale $380,000 -- $177 / Sq Ft
Source: BeachesMLS

Purchase History

Date Type Sale Price Title Company
Warranty Deed $499,000 Attorney
Warranty Deed $375,000 Attorney
Source: Public Records

Source: BeachesMLS

MLS Number: R11094787

BeachesMLS

APN: 74-43-43-18-08-000-1201

Florida Palm Beach County West Palm Beach 33401 Banyan Cay

2427 Presidential Way Unit 1201, West Palm Beach, FL

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.

Nearby Homes
Listing Agent
Harrison Allen
Section Image
Waterfront Properties & Club C
(561) 944-3306