$705,000
SOLD OCT 15, 2024

2427 Presidential Way Unit 802 West Palm Beach, FL 33401

Banyan Cay Neighborhood
3 Beds
2.5 Baths
2,559 Sq Ft
$1,973/mo HOA Fee

Recently Sold

$275 Per Sq Ft

9% Below List Price

80 Days on Market

Highlights

  • Fitness Center
  • Waterfront
  • Community Pool
  • Gated Community
  • Marble Flooring
  • Fireplace

About This Home

As of October 2024

Experience the refined living in West Palm Beach with this meticulously renovated condo top-to-bottom, offering unparalleled luxury and breathtaking views in one of the city's most exclusive communities. Nestled amidst the serene landscapes of Dutchman's Pipe Golf Course, this home epitomizes elegance and convenience.Upon arrival, you're welcomed into an expansive open floor plan, complemented by a 579 sq. ft. wraparound balcony that overlooks the verdant fairways--a perfect setting for entertaining or quietly enjoying the panoramic vistas. Every facet of this residence has been meticulously curated, from the state-of-the-art KitchenAid appliances in the chef's kitchen to the bespoke laundry room featuring a sink and full-size washer & dryer.

Last Agent to Sell the Property

Brandon Farley

Farley Coastal Real Estate License #3270440 Listed on: 07/26/2024

Last Buyer's Agent

Adam Levitt

The Corcoran Group License #3519739

The Corcoran Group

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $4,230

Year Built

  • Built in 1982

Lot Details

  • Waterfront

HOA Fees

  • $1,973 Monthly HOA Fees

Home Design

  • Entry on the 8th floor

Interior Spaces

  • 2,559 Sq Ft Home
  • Wet Bar
  • Fireplace
  • Intercom

Kitchen

  • Electric Range
  • Microwave
  • Dishwasher

Flooring

  • Marble
  • Tile

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Split Bedroom Floorplan
  • Walk-In Closet
  • Dual Sinks
  • Separate Shower in Primary Bathroom

Laundry

  • Laundry Room
  • Washer and Dryer

Utilities

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

Listing and Financial Details

  • Assessor Parcel Number 74434318080000802

Community Details

Overview

  • Parliament East Condo Subdivision
  • 12-Story Property

Amenities

  • Community Storage Space

Recreation

  • Fitness Center
  • Community Pool
  • Community Spa

Pet Policy

  • Pets Allowed

Security

  • Resident Manager or Management On Site
  • Gated Community
  • Fire and Smoke Detector

Property Details

Home Type

Condominium

Est. Annual Taxes

$4,230

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: Palm Beach Lakes to west on congress, right on presidential way, make a LEFT at golf view villas building Parliament East
  • Year Built: 1982
  • Entry Level: 8
  • Year Built Details: Resale
  • Special Features: VirtualTour

Interior Features

  • Interior Amenities: Wet Bar, Dual Sinks, Fireplace, Pantry, Split Bedrooms, Separate Shower, Walk-In Closet(s)
  • Furnished: Unfurnished
  • Spa Features: Community
  • Appliances: Dryer, Dishwasher, Electric Range, Electric Water Heater, Microwave, Refrigerator, Washer/Dryer, Washer
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Total Bedrooms: 3
  • Fireplace: Yes
  • Flooring: Marble, Tile
  • Living Area: 2559.0
  • Dining Room Type: Laundry
  • Stories: 12

Exterior Features

  • Pool Features: None, Association, Community
  • Waterfront: Yes
  • Construction Type: Block
  • Property Condition: Resale

Garage/Parking

  • Garage Yn: No

Utilities

  • Other Equipment: Intercom
  • Security: 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: 1973.0
  • Community Features: Gated, Property Manager On-Site, Pool
  • Senior Community: No
  • Amenities: Fitness Center, Management, Pool, Spa/Hot Tub, Storage
  • Association Fee Frequency: Monthly
  • Pets Allowed: Yes

Lot Info

  • Parcel #: 74434318080000802
  • Zoning Description: MF32(c

Tax Info

  • Tax Year: 2023
  • Tax Annual Amount: 4230.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 26, 2024
Closed on
Oct 15, 2024
Sold by
Giordano Joseph and Giordano Patricia
Bought by
Tillis Robert and Levine Lindsay
Seller's Agent
Brandon Farley
Farley Coastal Real Estate
Buyer's Agent
Adam Levitt
The Corcoran Group
List Price
$775,000
Sold Price
$705,000
Premium/Discount to List
-$70,000
-9.03%
Views
26
Current Estimated Value
$760,434

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$55,434
Avg. Annual Appreciation
8.03%

Purchase Details

Listed on
Feb 10, 2018
Closed on
Jun 16, 2020
Sold by
Gold Lisa Beth and Gold Lisa Beth
Bought by
Giordano Joseph and Giordano Patricia
Seller's Agent
Christopher Vaccari
Douglas Elliman
Buyer's Agent
Rachel Shapiro
William Raveis Real Estate
List Price
$425,000
Sold Price
$257,000
Premium/Discount to List
-$168,000
-39.53%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
26.45%

Purchase Details

Listed on
Feb 10, 2018
Closed on
May 26, 2020
Sold by
Gold Edward and Gold Mitchell
Bought by
Giordano Joseph and Giordano Patricia
Seller's Agent
Christopher Vaccari
Douglas Elliman
Buyer's Agent
Rachel Shapiro
William Raveis Real Estate
List Price
$425,000
Sold Price
$257,000
Premium/Discount to List
-$168,000
-39.53%

Purchase Details

Closed on
Jun 19, 2017
Sold by
Gold Joseph
Bought by
Reservation Joseph Gold
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 $705,000 Intracoastal Title
Warranty Deed $257,000 Attorney
Quit Claim Deed -- Attorney
Quit Claim Deed -- None Available
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
10/15/2024 10/15/24 Sold $705,000 -9.0% $275 / Sq Ft
08/24/2024 08/24/24 Price Changed $774,999 0.0% $303 / Sq Ft
07/26/2024 07/26/24 For Sale $775,000 +201.6% $303 / Sq Ft
06/30/2020 06/30/20 Sold $257,000 -39.5% $100 / Sq Ft View Prior Sale
05/31/2020 05/31/20 Pending -- -- --
02/10/2018 02/10/18 For Sale $425,000 -- $166 / 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 $2,200 $244,771 -- --
2023 $4,230 $237,642 $0 $0
2022 $4,172 $230,720 $0 $0
2021 $4,152 $224,000 $0 $224,000
2020 $6,215 $274,000 $0 $274,000
2019 $6,219 $314,000 $0 $314,000
2018 $5,521 $294,000 $0 $294,000
2017 $5,129 $274,000 $0 $0
2016 $4,837 $188,760 $0 $0
2015 $4,493 $171,600 $0 $0
2014 $3,755 $156,000 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • B

    Seller's Agent in 2024

    Brandon Farley

    Farley Coastal Real Estate

    (561) 526-6649

    3 in this area

    47 Total Sales

    Brandon Farley
    Section Image

  • A

    Buyer's Agent in 2024

    Adam Levitt

    The Corcoran Group

    (516) 659-9814

    2 in this area

    12 Total Sales

    Adam Levitt
    Section Image
  • Christopher Vaccari

    Seller's Agent in 2020

    Christopher Vaccari

    Douglas Elliman

    (917) 602-5751

    8 Total Sales

    Christopher Vaccari
    Section Image

  • M

    Seller Co-Listing Agent in 2020

    Mary Vitrano

    Douglas Elliman

    (561) 655-8600

    2 Total Sales

    Mary Vitrano
    Section Image

  • R

    Buyer's Agent in 2020

    Rachel Shapiro

    William Raveis Real Estate

    (561) 345-0560

    49 in this area

    53 Total Sales

    Rachel Shapiro
    Section Image
See All Agents

Map

Source: BeachesMLS

MLS Number: R11007451

BeachesMLS

APN: 74-43-43-18-08-000-0802

Florida Palm Beach County West Palm Beach 33401 Banyan Cay

2427 Presidential Way Unit 802, West Palm Beach, FL

This home is located at 2427 Presidential Way Unit 802, West Palm Beach, FL 33401 and is currently priced at $705,000, approximately $275 per square foot. This property was built in 1982. 2427 Presidential Way Unit 802 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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