$499,000
SOLD JUL 30, 2021

2427 Presidential Way Unit 1201 West Palm Beach, FL 33401

Banyan Cay Neighborhood
2 Beds
2 Baths
2,144 Sq Ft
$1,100/mo HOA Fee

Recently Sold

$233 Per Sq Ft

13% Below List Price

14 Days on Market

Highlights

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

About This Home

As of July 2021

Huge PENTTHOUSE 2/2 condo in elegant, New York style building. CONCRETE RESTORATION HAS BEEN COMPLETED Only 12 stories with 4 units per floor. Wraparound balcony with storage closet. All rooms are extremely spacious with 9 ft ceilings. Open living area with wall to wall IMPACT GLASS sliders. Condo is light, bright and immaculate. Extremely large living room with separate attached formal dining room. Large eat-in kitchen with its own breakfast room. Master suite consists of very large bedroom, two walk-in closets with built-ins and bath area with separate dressing room, shower room and tub room w/lady's vanity. Separate laundry room as well. Very nice Doorman bldg with excellent covered carport parking spot. Lovely relaxing pool area.

Last Agent to Sell the Property

Shelley Gerst

The Corcoran Group License #566241 Listed on: 06/15/2021

The Corcoran Group

Last Buyer's Agent

Brygida Trzaska

Atlantic Florida Properties Inc License #3484501

Atlantic Florida Properties Inc

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $3,407

Year Built

  • Built in 1982

HOA Fees

  • $1,100 Monthly HOA Fees

Interior Spaces

  • 2,144 Sq Ft Home
  • Wet Bar
  • Custom Mirrors
  • Furnished or left unfurnished upon request
  • High Ceiling
  • Sliding Windows
  • Formal Dining Room
  • Den
  • Golf Course Views
  • Security Gate

Kitchen

  • Eat-In Kitchen
  • Electric Range
  • Microwave
  • Dishwasher

Flooring

  • Wood
  • Parquet
  • Carpet

Bedrooms and Bathrooms

  • 2 Bedrooms
  • Walk-In Closet
  • 2 Full Bathrooms
  • Roman Tub

Laundry

  • Laundry Room
  • Washer and Dryer
  • Laundry Tub

Parking

  • Covered Parking
  • Guest Parking
  • Assigned Parking

Outdoor Features

  • Balcony
  • Open Patio
  • Wrap Around Porch

Utilities

  • Central Heating and Cooling System
  • Electric Water Heater
  • Municipal Trash
  • Cable TV Available

Listing and Financial Details

  • Assessor Parcel Number 74434318080001201

Community Details

Overview

  • Senior Community
  • Association fees include management, common areas, cable TV, insurance, ground maintenance, maintenance structure, parking, pool(s), roof, sewer, security, trash, water
  • Lands Of The President Subdivision
  • 12-Story Property

Amenities

  • Doorman
  • Clubhouse

Recreation

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

Security

  • Gated with Attendant
  • Impact Glass
  • Fire and Smoke Detector

Property Details

Home Type

Condominium

Est. Annual Taxes

$3,407

Year Built

Built in 1982

Lot Details

0

HOA Fees

$1,100 per month

Listing Details

  • Prop. Type: Residential
  • Property Sub Type: Condominium
  • Property Sub Type Additional: Condominium
  • Directions: PLM BEACH LAKES TO CONGRESS NORTH TO FIRST STOP LIGHT
  • Year Built: 1982
  • Year Built Details: Resale
  • Special Features: VirtualTour

Interior Features

  • Interior Amenities: Wet Bar, Dining Area, Separate/Formal Dining Room, Eat-in Kitchen, Garden Tub/Roman Tub, High Ceilings, Living/Dining Room, Custom Mirrors, Walk-In Closet(s)
  • Furnished: Negotiable
  • Spa Features: Community
  • Appliances: Dryer, Dishwasher, Electric Range, Electric Water Heater, Microwave, Refrigerator, Washer/Dryer, Washer
  • Full Bathrooms: 2
  • Total Bedrooms: 2
  • Flooring: Carpet, Parquet, Wood
  • Living Area: 2144.0
  • Dining Room Type: Den, Laundry, Storage Room
  • Stories: 12
  • Window Features: Drapes, Impact Glass, Sliding

Exterior Features

  • Exterior Features: Balcony
  • View: Golf Course
  • Pool Features: None, Association, Community
  • Waterfront: No
  • Construction Type: Block
  • Patio And Porch Features: Balcony, Open, Wrap Around
  • Property Condition: Resale

Garage/Parking

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

Utilities

  • Laundry Features: Laundry Tub
  • Security: Door Man, Security Gate, Gated with Guard, Smoke Detector(s)
  • Cooling: Central Air
  • Cooling Y N: Yes
  • Heating: Central
  • Heating Yn: Yes
  • Sewer: Public Sewer
  • Utilities: Cable Available, Electricity Available, Sewer Available, Water Available
  • Water Source: Public

Condo/Co-op/Association

  • Association Fee: 1100.0
  • Community Features: Golf, Golf Course Community, Gated, Pool, Street Lights, Sidewalks
  • Senior Community: Yes
  • Amenities: Clubhouse, Fitness Center, Golf Course, Pool, Spa/Hot Tub, Trash
  • Association Fee Frequency: Monthly

Fee Information

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

Lot Info

  • Parcel #: 74434318080001201
  • Lot Size Sq Ft: 99194.0
  • Zoning Description: MF32(c
  • ResoLotSizeUnits: SquareFeet

Tax Info

  • Tax Year: 2020
  • Tax Annual Amount: 3407.0

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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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: R10724308

BeachesMLS

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