$630,000
SOLD MAY 16, 2025

2427 Presidential Way Unit 704 West Palm Beach, FL 33401

Banyan Cay Neighborhood
3 Beds
3 Baths
2,588 Sq Ft
$1,973/mo HOA Fee

Recently Sold

$243 Per Sq Ft

7% Below List Price

186 Days on Market

Highlights

  • Doorman
  • Gated with Attendant
  • Community Wi-Fi
  • Fitness Center
  • Community Pool
  • Balcony

About This Home

As of May 2025

$5,000 Credit for Buyer Closing! Experience luxury living in one of the largest condos in West Palm Beach. A stunning 3-bedroom, 3-bathroom corner unit with over 3,000 sq. ft. of interior & exterior living space. High-impact views from every room Floor to ceiling windows that provide abundant natural sunlight with gorgeous sunrises and sunsets Refreshment/Cocktail bar, premium tile floors & beautifully upgraded kitchen & bathrooms Wraparound balcony accessible from all rooms for seamless Florida living. Gated community & Door Attendant at Building for convenience & security Covered Assigned Parking near Lobby Entrance Available fully furnished with luxury furniture, accents & artworkLaundry Room with In-unit washer & dryer, Newer Bosch A/C & hot water heater,

Last Agent to Sell the Property

Hector Vazquez

Premier Brokers International License #3383823 Listed on: 11/11/2024

Premier Brokers International

Last Buyer's Agent

Wilhelmus Berndsen

Berndsen & Berndsen Realty License #3246721

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $8,214

Year Built

  • Built in 1982

HOA Fees

  • $1,973 Monthly HOA Fees

Home Design

  • Entry on the 7th floor

Interior Spaces

  • 2,588 Sq Ft Home
  • Combination Dining and Living Room
  • Ceramic Tile Flooring
  • Washer and Dryer

Kitchen

  • Electric Range
  • Microwave
  • Dishwasher

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Walk-In Closet
  • 3 Full Bathrooms
  • Separate Shower in Primary Bathroom

Parking

  • Attached Garage
  • Assigned Parking

Outdoor Features

  • Balcony
  • Open Patio
  • Wrap Around Porch

Utilities

  • Central Heating and Cooling System
  • Municipal Trash
  • Cable TV Available

Listing and Financial Details

  • Assessor Parcel Number 74434318080000704

Community Details

Overview

  • Association fees include management, cable TV, pest control, pool(s), security, trash, water, internet
  • Lands Of The President Subdivision
  • 12-Story Property

Amenities

  • Doorman
  • Community Storage Space
  • Community Wi-Fi

Recreation

  • Fitness Center
  • Community Pool

Pet Policy

  • Pets Allowed

Security

  • Gated with Attendant
  • Resident Manager or Management On Site

Property Details

Home Type

Condominium

Est. Annual Taxes

$8,214

Year Built

Built in 1982

Lot Details

0

HOA Fees

$1,973 per month

Listing Details

  • Prop. Type: Residential
  • Property Sub Type: Condominium
  • Property Sub Type Additional: Condominium
  • Directions: I-95 to exit 71 palm beach lakes blvd east make left on N. Congress & Right at first traffic light on Presidential Way. Go thru security gate & Parliament on left 2427 Presidential guest parking.
  • Year Built: 1982
  • Entry Level: 7
  • Year Built Details: Resale
  • Special Features: VirtualTour

Interior Features

  • Interior Amenities: Living/Dining Room, Pantry, Separate Shower, Walk-In Closet(s)
  • Furnished: Unfurnished
  • Appliances: Dryer, Dishwasher, Electric Range, Microwave, Refrigerator, Washer/Dryer, Washer
  • Full Bathrooms: 3
  • Total Bedrooms: 3
  • Flooring: Ceramic Tile
  • Living Area: 2588.0
  • Dining Room Type: Storage Room
  • Stories: 12

Exterior Features

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

Garage/Parking

  • Attached Garage: Yes
  • Garage Yn: No
  • Parking Features: Assigned, Attached, Garage

Utilities

  • Security: Door Man, Gated with Guard
  • Cooling: Central Air
  • Cooling Y N: Yes
  • Heating: Central
  • Heating Yn: Yes
  • Utilities: Cable Available, Electricity Available

Condo/Co-op/Association

  • Association Fee: 1973.0
  • Community Features: Gated, Internet Access, Property Manager On-Site, Pool
  • Senior Community: No
  • Amenities: Fitness Center, Management, Pool, Storage, Trash
  • Association Fee Frequency: Monthly
  • Association: Yes
  • Pets Allowed: Yes

Fee Information

  • Association Fee Includes: Association Management, Cable TV, Pest Control, Pool(s), Security, Trash, Water, Internet

Lot Info

  • Parcel #: 74434318080000704
  • Zoning Description: MF32(c

Tax Info

  • Tax Year: 2023
  • Tax Annual Amount: 8214.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 11, 2024
Closed on
May 13, 2025
Sold by
Mihranian Paul
Bought by
Donner Alexander
Seller's Agent
Hector Vazquez
Premier Brokers International
Buyer's Agent
Wilhelmus Berndsen
Berndsen & Berndsen Realty
List Price
$675,000
Sold Price
$630,000
Premium/Discount to List
-$45,000
-6.67%
Views
29
Current Estimated Value
$676,231

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$46,231
Avg. Annual Appreciation
5.53%

Purchase Details

Listed on
Mar 4, 2021
Closed on
Jul 12, 2021
Sold by
Bhatia Shyam
Bought by
Mihranian Paul
Seller's Agent
Carl Gentile
EXP Realty LLC
Buyer's Agent
Carl Gentile
EXP Realty LLC
List Price
$500,000
Sold Price
$455,000
Premium/Discount to List
-$45,000
-9%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
8.84%
Original Mortgage
$318,500
Interest Rate
2.96%
Mortgage Type
New Conventional

Purchase Details

Closed on
Apr 22, 2010
Sold by
Gart David A and Lester W Sodowick Restated Tru
Bought by
Bhatia Shyam

Purchase Details

Closed on
Jul 10, 1995
Sold by
Bleimann Alexander A and Bleimann Jeanne V
Bought by
Sodowick Lester

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$135,000
Interest Rate
7.79%
Source: Public Records

Range of Values:

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Average Value
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List Price
Sold Price
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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 $630,000 Legacy Title Services
Warranty Deed $630,000 Legacy Title Services
Warranty Deed $455,000 First American Title Ins Co
Deed -- Attorney
Personal Reps Deed $175,000 Attorney
Warranty Deed $345,000 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Previous Owner $318,500 New Conventional
Previous Owner $50,000 Credit Line Revolving
Previous Owner $135,000 No Value Available
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/16/2025 05/16/25 Sold $630,000 -6.7% $243 / Sq Ft
11/11/2024 11/11/24 For Sale $675,000 +48.4% $261 / Sq Ft
07/15/2021 07/15/21 Sold $455,000 -9.0% $178 / Sq Ft
06/15/2021 06/15/21 Pending -- -- --
03/04/2021 03/04/21 For Sale $500,000 -- $195 / 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 $8,609 $363,363 -- --
2023 $8,214 $330,330 $0 $0
2022 $6,530 $300,300 $0 $0
2021 $4,611 $203,000 $0 $203,000
2020 $5,861 $260,000 $0 $260,000
2019 $5,860 $301,000 $0 $301,000
2018 $4,996 $251,000 $0 $251,000
2017 $4,616 $231,000 $0 $0
2016 $4,350 $175,450 $0 $0
2015 $4,080 $159,500 $0 $0
2014 $3,499 $145,000 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Hector Vazquez

    Seller's Agent in 2025

    Hector Vazquez

    Premier Brokers International

    (347) 208-4209

    60 in this area

    90 Total Sales

    Hector Vazquez
    Section Image

  • W

    Buyer's Agent in 2025

    Wilhelmus Berndsen

    Berndsen & Berndsen Realty

    (352) 613-6298

    6 in this area

    7 Total Sales

    Wilhelmus Berndsen
    Section Image
  • Carl Gentile

    Seller's Agent in 2021

    Carl Gentile

    EXP Realty LLC

    (978) 618-4478

    1 in this area

    30 Total Sales

    Carl Gentile
    Section Image
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Map

Source: BeachesMLS

MLS Number: R11035880

BeachesMLS

APN: 74-43-43-18-08-000-0704

Florida Palm Beach County West Palm Beach 33401 Banyan Cay

2427 Presidential Way Unit 704, West Palm Beach, FL

This home is located at 2427 Presidential Way Unit 704, West Palm Beach, FL 33401 and is currently priced at $630,000, approximately $243 per square foot. This property was built in 1982. 2427 Presidential Way Unit 704 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.

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