$375,000
SOLD DEC 15, 2016

2427 Presidential Way Unit 1201 West Palm Beach, FL 33401

Banyan Cay Neighborhood
2 Beds
2 Baths
2,144 Sq Ft
$841/mo HOA Fee

Recently Sold

$175 Per Sq Ft

1% Below List Price

285 Days on Market

Highlights

  • Doorman
  • Golf Course Community
  • Gated with Attendant
  • Ocean View
  • Fitness Center
  • Senior Community

About This Home

As of July 2021

TRULY GORGEOUS FURNISHED PENTHOUSE at the deluxe boutique Parliament East. Newer wood kitchen with granite and stainless, herringbone wood floors and stately furnishings like Park Avenue. Silk drapes, High Ceilings, IMPACT GLASS($40K), even some ocean views from wrap Terrace. Super quiet corner, no one above you and great panoramic vistas only found on the top floor. The BEST.

Last Agent to Sell the Property

Charles Wilson

Highlight Realty Corp/LW License #3234169 Listed on: 02/03/2016

Highlight Realty Corp/LW

Last Buyer's Agent

Rachel Shapiro

William Raveis Real Estate License #3258188

William Raveis Real Estate

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $3,819

Year Built

  • Built in 1982

Lot Details

  • Fenced

HOA Fees

  • $841 Monthly HOA Fees

Property Views

  • Ocean
  • Lake
  • Lagoon
  • Golf Course

Home Design

  • Built-Up Roof

Interior Spaces

  • 2,144 Sq Ft Home
  • Custom Mirrors
  • Bar
  • Entrance Foyer
  • Formal Dining Room
  • Closed Circuit Camera
  • Dryer

Kitchen

  • Eat-In Kitchen
  • Electric Range
  • Microwave
  • Ice Maker
  • Dishwasher
  • Disposal

Flooring

  • Wood
  • Carpet

Bedrooms and Bathrooms

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

Parking

  • Detached Garage
  • 1 Carport Space
  • Assigned Parking

Outdoor Features

  • Balcony
  • Open Patio

Utilities

  • Central Heating and Cooling System
  • Cable TV Available

Listing and Financial Details

  • Assessor Parcel Number 74434318080001201

Community Details

Overview

  • Senior Community
  • Association fees include common areas, cable TV, insurance, legal/accounting, ground maintenance, maintenance structure, pool(s), sewer, security, trash, water
  • 1,000 Units
  • High-Rise Condominium
  • Lands Of The Presidentpar Subdivision
  • 12-Story Property

Amenities

  • Doorman
  • Clubhouse
  • Community Storage Space

Recreation

  • Golf Course Community
  • Fitness Center
  • Community Pool
  • Community Spa

Security

  • Gated with Attendant
  • Fire Sprinkler System

Property Details

Home Type

Condominium

Est. Annual Taxes

$3,819

Year Built

Built in 1982

Lot Details

0

HOA Fees

$841 per month

Listing Details

  • Prop. Type: Residential
  • Property Sub Type: Condominium
  • Property Sub Type Additional: Condominium
  • Directions: Palm Beach Lakes Blvd to Congress, thru Security Gate on Presidential Way to the Parliament East. Guest parking right at front door. Uniformed Doorman on duty 24/7
  • Year Built: 1982
  • Architectural Style: High Rise
  • Carport Y N: Yes
  • Entry Level: 12
  • Unit Levels: Three Or More
  • Year Built Details: Resale
  • Special Features: None

Interior Features

  • Interior Amenities: Closet Cabinetry, Dining Area, Separate/Formal Dining Room, Entrance Foyer, Eat-in Kitchen, Garden Tub/Roman Tub, Kitchen/Dining Combo, Custom Mirrors, Pantry, Split Bedrooms, Separate Shower, Bar, Walk-In Closet(s)
  • Spa Features: Community
  • Appliances: Dryer, Dishwasher, Electric Range, Disposal, Ice Maker, Microwave
  • Full Bathrooms: 2
  • Total Bedrooms: 2
  • Flooring: Carpet, Wood
  • Living Area: 2144.0
  • Dining Room Type: Storage Room
  • Stories: 12

Exterior Features

  • Exterior Features: Balcony, Fence
  • View: Golf Course, Lagoon, Lake, Ocean, Water
  • Pool Features: None, Association, Community
  • View: Yes
  • Waterfront: No
  • Construction Type: Block
  • Patio And Porch Features: Balcony, Open
  • Property Condition: Resale
  • Roof: Built-Up

Garage/Parking

  • Covered Parking Spaces: 1.0
  • Attached Garage: No
  • Carport Spaces: 1.0
  • Garage Yn: No
  • Parking Features: Assigned, Detached, Garage

Utilities

  • Security: Closed Circuit Camera(s), Door Man, Gated with Guard, Security Guard, Fire Sprinkler System
  • Cooling: Central Air
  • Cooling Y N: Yes
  • Heating: Central, Electric
  • Heating Yn: Yes
  • Sewer: Public Sewer
  • Utilities: Cable Available, Sewer Available, Water Available
  • Water Source: Public

Condo/Co-op/Association

  • Association Fee: 841.0
  • Community Features: Golf, Golf Course Community, Pool, Street Lights, Sidewalks
  • Senior Community: Yes
  • Amenities: Clubhouse, Fitness Center, Golf Course, Pool, Spa/Hot Tub, Storage
  • Association Fee Frequency: Monthly
  • Pets Allowed: No

Fee Information

  • Association Fee Includes: Common Areas, Cable TV, Insurance, Legal/Accounting, Maintenance Grounds, Maintenance Structure, Pool(s), Sewer, Security, Trash, Water

Lot Info

  • Parcel #: 74434318080001201
  • Zoning Description: RES
  • ResoLotSizeUnits: SquareFeet

Tax Info

  • Tax Year: 2015
  • Tax Annual Amount: 3819.0

Multi Family

  • Number Of Units In Community: 1000

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 15, 2021
Closed on
Jul 30, 2021
Sold by
Clark John B and Fidelma Clark M
Bought by
Lambert Jack E
Seller's Agent
Shelley Gerst
The Corcoran Group
Buyer's Agent
Brygida Trzaska
Atlantic Florida Properties Inc
List Price
$575,000
Sold Price
$499,000
Premium/Discount to List
-$76,000
-13.22%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
5.73%

Purchase Details

Listed on
Feb 3, 2016
Closed on
Dec 15, 2016
Sold by
R And F Securities Inc
Bought by
Clark John V
Seller's Agent
Charles Wilson
Highlight Realty Corp/LW
Buyer's Agent
Rachel Shapiro
William Raveis Real Estate
List Price
$380,000
Sold Price
$375,000
Premium/Discount to List
-$5,000
-1.32%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.38%
Source: Public Records

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Range of Values:

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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 $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

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

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 $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

Agents Affiliated with this Home

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Map

Source: BeachesMLS

MLS Number: R10204766

BeachesMLS

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