2427 Presidential Way Unit 701 West Palm Beach, FL 33401
Banyan Cay Neighborhood
2
Beds
2
Baths
2,144
Sq Ft
$1,015/mo
HOA Fee
Highlights
- Doorman
- Fitness Center
- Golf Course View
- Golf Course Community
- Gated with Attendant
- 99,194 Sq Ft lot
About This Home
As of March 2021This corner 2/2 unit is bright and airy and offers 2700 sq ft of space for relaxing and entertaining. Its large, wrap around terrace has access from every room overlooking the new Jack Nicholas Banyan Cay golf course. Banyan Cay is the newest addition to West Palm with new resort,spa and residential community. The master bedroom is very spacious and has two walk-in closets. A separate laundry room has storage, plus an extra storage closet in the balcony. All of these in this 24 hour gated community of Lands of the President. The Parliament is a boutique building with only four units per floor and 45 units in the entire building. You will be minutes from the Palm Beach Outlets,City Place(Rosemary Sq), I-95, PBIA,downtown & the beach. Do not miss this amazing and rare opportunity!
Last Agent to Sell the Property
The Corcoran Group License #566241 Listed on: 02/13/2020
Property Details
Home Type
- Condominium
Year Built
- Built in 1982
HOA Fees
- $1,015 Monthly HOA Fees
Interior Spaces
- 2,144 Sq Ft Home
- Wet Bar
- Custom Mirrors
- Furnished or left unfurnished upon request
- Sliding Windows
- Formal Dining Room
- Den
- Wood Flooring
- Golf Course Views
- Security Gate
Kitchen
- Eat-In Kitchen
- Electric Range
- <<microwave>>
- Dishwasher
Bedrooms and Bathrooms
- 2 Bedrooms
- Walk-In Closet
- 2 Full Bathrooms
- Roman Tub
- Separate Shower in Primary Bathroom
Laundry
- Laundry Room
- Dryer
- Washer
- Laundry Tub
Parking
- Covered Parking
- Guest Parking
- Assigned Parking
Outdoor Features
- Balcony
- Open Patio
Utilities
- Central Heating and Cooling System
- Electric Water Heater
- Municipal Trash
- Cable TV Available
Listing and Financial Details
- Assessor Parcel Number 74434318080000701
Community Details
Overview
- Association fees include management, common areas, cable TV, insurance, ground maintenance, maintenance structure, parking, pool(s), security, trash, water
- Parliament East Condo Subdivision, Parliament Floorplan
- 12-Story Property
Amenities
- Doorman
- Clubhouse
Recreation
- Golf Course Community
- Fitness Center
- Community Pool
Security
- Gated with Attendant
- Fire and Smoke Detector
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Closed on
May 16, 2022
Sold by
Our Luxury Rentals Inc
Bought by
Barrow Clyde B
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$254,100
Interest Rate
4.67%
Mortgage Type
New Conventional
Purchase Details
Listed on
Feb 13, 2020
Closed on
Mar 12, 2021
Sold by
Kale Mayda L and Hoffman Amy S
Bought by
Our Luxury Rentals Inc
Seller's Agent
Shelley Gerst
The Corcoran Group
Buyer's Agent
Lesley Savin
Berkeley Realty LLC
List Price
$299,000
Sold Price
$220,000
Premium/Discount to List
-$79,000
-26.42%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
24.42%
Original Mortgage
$150,000
Interest Rate
2.8%
Mortgage Type
Commercial
Purchase Details
Closed on
Dec 19, 2018
Sold by
Kale Mayda L
Bought by
Kale Mayda L and Hoffman Amy S
Purchase Details
Closed on
Nov 21, 2011
Sold by
Rosenberg Julian L and Rosenberg Helen L
Bought by
Rosenberg Julian L
Purchase Details
Closed on
Apr 28, 2004
Sold by
Rosenberg Julian and Rosenberg Helen
Bought by
Rosenberg Julian L and Rosenberg Revocable T Julian L
Purchase Details
Closed on
Mar 3, 2000
Sold by
Helene Leonard and Helene Klein
Bought by
Rosenberg Julian
Similar Homes in West Palm Beach, FL
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
Average Home Value in this Area
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Quit Claim Deed | $150,333 | Amrock | |
| Warranty Deed | $215,000 | Attorney | |
| Deed Of Distribution | -- | Attorney | |
| Interfamily Deed Transfer | -- | Attorney | |
| Interfamily Deed Transfer | -- | Attorney | |
| Interfamily Deed Transfer | -- | -- | |
| Warranty Deed | $200,000 | -- | |
| Quit Claim Deed | $150,333 | Amrock |
Source: Public Records
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $390,000 | New Conventional | |
| Closed | $254,100 | New Conventional | |
| Previous Owner | $150,000 | Commercial |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 07/15/2025 07/15/25 | Price Changed | $575,000 | +9.5% | $268 / Sq Ft |
| 07/09/2025 07/09/25 | For Sale | $525,000 | +138.6% | $245 / Sq Ft |
| 03/22/2021 03/22/21 | Sold | $220,000 | -26.4% | $103 / Sq Ft |
| 02/20/2021 02/20/21 | Pending | -- | -- | -- |
| 02/13/2020 02/13/20 | For Sale | $299,000 | -- | $139 / Sq Ft |
Source: BeachesMLS
Tax History Compared to Growth
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 | $9,207 | $440,000 | -- | -- |
| 2023 | $9,268 | $440,000 | $0 | $440,000 |
| 2022 | $5,765 | $264,000 | $0 | $0 |
| 2021 | $4,393 | $193,000 | $0 | $193,000 |
| 2020 | $5,248 | $230,000 | $0 | $230,000 |
| 2019 | $6,186 | $270,000 | $0 | $270,000 |
| 2018 | $4,130 | $220,000 | $0 | $220,000 |
| 2017 | $3,800 | $200,000 | $0 | $0 |
| 2016 | $3,566 | $139,150 | $0 | $0 |
| 2015 | $3,327 | $126,500 | $0 | $0 |
| 2014 | $2,801 | $115,000 | $0 | $0 |
Source: Public Records
Agents Affiliated with this Home
-
Marcio Dias
Seller's Agent in 2025
Marcio Dias
Sterling Real Estate Group LLC
(561) 301-1191
3 in this area
56 Total Sales
-
Shelley Gerst
Seller's Agent in 2021
Shelley Gerst
The Corcoran Group
(561) 655-9029
37 in this area
38 Total Sales
-
Lesley Savin
Buyer's Agent in 2021
Lesley Savin
Berkeley Realty LLC
(310) 625-1944
14 in this area
42 Total Sales
Map
Source: BeachesMLS
MLS Number: R10601021
APN: 74-43-43-18-08-000-0701
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