$600,000
$25K PRICE DROP

2427 Presidential Way Unit 1201 West Palm Beach, FL 33401

Banyan Cay Neighborhood

Estimated payment $5,747/month

Total Views 1,188
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

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 Garage
  • 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
  • Entry Level: 12
  • Year Built Details: Resale
  • Special Features: VirtualTour

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
  • 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

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

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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 $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 Change Sq Ft Price
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
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
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

Mortgage History

Date Status Loan Amount Loan Type
Open $300,000 Construction
Source: Public Records

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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

This home is located at 2427 Presidential Way Unit 1201, West Palm Beach, FL 33401 and is currently priced at $600,000, approximately $271 per square foot. This property was built in 1982. 2427 Presidential Way Unit 1201 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.

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