NOT LISTED FOR SALE

2480 Presidential Way Unit 1203 West Palm Beach, FL 33401

Banyan Cay Neighborhood

Estimated Value: $405,403 - $541,000

2 Beds
2 Baths
1,855 Sq Ft
$908/mo HOA Fee

Last Sold January 04, 2024

Last sale price $420,000 $226 Per Sq Ft

Est. 10% increase in value since last sale

Current estimated payment $3,712/month

94 Days on Market

Highlights

  • Doorman
  • Golf Course Community
  • Gated with Attendant
  • Lake Front
  • Fitness Center
  • Clubhouse

About This Home

As of January 2024

Immaculate 2 BR 2 bath condo in amenity filled luxury building with 24-hr doorman in prestigious gated community. Over 2000 sq ft of space including balcony with views overlooking the new Banyan Cay golf club,hotel and spa and fabulous city lights when the sun goes down. Walk-in closets in each bedroom. 2 full baths with laundry room with washer & dryer in unit. Enjoy all the amenities the building has to offer like 24-hr doorman, onsite manager, Gorgeous pool, Hot Tub, Tennis and pickle ball Courts, Active Social Room, Fitness Center, Sauna, Billiard room, Library, Assigned parking. Financially stable bldg. One of the most convenient locations near Palm Beach Outlet mall, Downtown West Palm Beach, Airport & Beaches. Walking distance to the new Jack Nicklaus Banyan Cay Golf Course.

Last Agent to Sell the Property

Shelley Gerst

The Corcoran Group License #566241 Listed on: 10/01/2023

The Corcoran Group

Last Buyer's Agent

Robert Heller

Compass Florida LLC License #3479664

Compass Florida LLC

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $4,401

Year Built

  • Built in 1984

Lot Details

  • Lake Front

HOA Fees

  • $908 Monthly HOA Fees

Property Views

  • Lake
  • Garden

Home Design

  • Entry on the 12th floor
  • Tar and Gravel Roof

Interior Spaces

  • 1,855 Sq Ft Home
  • Furnished
  • Sliding Windows
  • Entrance Foyer
  • Great Room
  • Combination Dining and Living Room
  • Den
  • Security Gate

Kitchen

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

Flooring

  • Carpet
  • Ceramic Tile

Bedrooms and Bathrooms

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

Laundry

  • Laundry Room
  • Washer and Dryer
  • Laundry Tub

Parking

  • Open Parking
  • Assigned Parking

Outdoor Features

  • Balcony
  • Open Patio

Utilities

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

Listing and Financial Details

  • Assessor Parcel Number 74434318100001203

Community Details

Overview

  • Association fees include management, common areas, cable TV, insurance, legal/accounting, ground maintenance, maintenance structure, parking, pest control, pool(s), reserve fund, roof, sewer, security, trash, water, internet
  • High-Rise Condominium
  • Envoy Condo Subdivision
  • 20-Story Property

Amenities

  • Doorman
  • Sauna
  • Clubhouse
  • Billiard Room
  • Community Library
  • Elevator
  • Community Storage Space
  • Community Wi-Fi

Recreation

  • Golf Course Community
  • Tennis Courts
  • Pickleball Courts
  • Fitness Center
  • Community Pool
  • Community Spa

Pet Policy

  • Pets Allowed

Security

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

Property Details

Home Type

Condominium

Est. Annual Taxes

$4,401

Year Built

Built in 1984

Lot Details

0

HOA Fees

$908 per month

Listing Details

  • Prop. Type: Residential
  • Property Sub Type: Condominium
  • Property Sub Type Additional: Condominium
  • Directions: Palm Beach Lakes Blvd to Congress north ton Presidential Way
  • Year Built: 1984
  • Architectural Style: High Rise
  • Entry Level: 12
  • Unit Levels: Three Or More
  • Year Built Details: Resale
  • Special Features: VirtualTour

Interior Features

  • Interior Amenities: Closet Cabinetry, Entrance Foyer, Eat-in Kitchen, Garden Tub/Roman Tub, Living/Dining Room, Split Bedrooms, Separate Shower, Walk-In Closet(s)
  • Furnished: Furnished
  • Spa Features: Community
  • Appliances: Dryer, Dishwasher, Electric Range, Disposal, Ice Maker, Refrigerator, Washer/Dryer, Washer
  • Full Bathrooms: 2
  • Total Bedrooms: 2
  • Flooring: Carpet, Ceramic Tile
  • Living Area: 1855.0
  • Dining Room Type: Den, Great Room, Laundry, Storage Room
  • Stories: 20
  • Window Features: Sliding

Exterior Features

  • Exterior Features: Balcony
  • View: Garden, Lake, Other
  • Pool Features: None, Association, Community
  • View: Yes
  • Waterfront Features: Lake Front
  • Waterfront: No
  • Construction Type: Block
  • Patio And Porch Features: Balcony, Open
  • Property Condition: Resale
  • Roof: Tar/Gravel

Garage/Parking

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

Utilities

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

Condo/Co-op/Association

  • Association Fee: 908.0
  • Community Features: Golf, Golf Course Community, Gated, Internet Access, Pickleball, Property Manager On-Site, Pool, Sauna, Sidewalks, Tennis Court(s)
  • Senior Community: No
  • Amenities: Billiard Room, Clubhouse, Fitness Center, Golf Course, Library, Management, Pickleball, Pool, Sauna, Storage, Tennis Court(s), Trash, Elevator(s)
  • Association Fee Frequency: Monthly
  • Pets Allowed: Yes

Fee Information

  • Association Fee Includes: Association Management, Common Areas, Cable TV, Insurance, Legal/Accounting, Maintenance Grounds, Maintenance Structure, Parking, Pest Control, Pool(s), Reserve Fund, Roof, Sewer, Security, Trash, Water, Internet

Lot Info

  • Parcel #: 74434318100001203
  • Zoning Description: MF32(c

Tax Info

  • Tax Year: 2022
  • Tax Annual Amount: 4401.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 1, 2023
Closed on
Jan 4, 2024
Sold by
Narrow Henry J
Bought by
Karen Szteinberg Revocable Trust and Szteinberg
Seller's Agent
Shelley Gerst
The Corcoran Group
Buyer's Agent
Robert Heller
Compass Florida LLC
List Price
$485,000
Sold Price
$420,000
Premium/Discount to List
-$65,000
-13.4%
Views
81
Current Estimated Value
$463,351

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$43,351
Avg. Annual Appreciation
5.64%

Purchase Details

Closed on
Dec 6, 2001
Sold by
Starboard Developments Of Florida Inc
Bought by
Narrow Henry J and Narrow Jill

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$150,000
Interest Rate
6%
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 Buyer Sale Price Title Company
Karen Szteinberg Revocable Trust $420,000 Automated Land Title
Karen Szteinberg Revocable Trust $420,000 Automated Land Title
Narrow Henry J $195,000 Bay Title Company
Narrow Henry J -- Bay Title Company
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Narrow Henry J $150,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
01/04/2024 01/04/24 Sold $420,000 -13.4% $226 / Sq Ft
10/01/2023 10/01/23 For Sale $485,000 -- $261 / 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 $4,492 $256,791 -- --
2023 $4,368 $249,312 $0 $0
2022 $4,401 $242,050 $0 $0
2021 $4,380 $235,000 $0 $235,000
2020 $5,028 $235,000 $0 $235,000
2019 $4,824 $240,000 $0 $240,000
2018 $4,114 $200,000 $0 $200,000
2017 $3,635 $160,000 $0 $0
2016 $4,228 $173,030 $0 $0
2015 $3,805 $157,300 $0 $0
2014 $3,658 $143,000 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Shelley Gerst

    Seller's Agent in 2024

    Shelley Gerst

    The Corcoran Group

    (561) 655-9029

    35 in this area

    36 Total Sales

    Shelley Gerst
    Section Image

  • R

    Buyer's Agent in 2024

    Robert Heller

    Compass Florida LLC

    (561) 250-2776

    1 in this area

    25 Total Sales

    Robert Heller
    Section Image
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Map

Source: BeachesMLS

MLS Number: R10923934

BeachesMLS

APN: 74-43-43-18-10-000-1203

Florida Palm Beach County West Palm Beach 33401 Banyan Cay

2480 Presidential Way Unit 1203, West Palm Beach, FL

This home is located at 2480 Presidential Way Unit 1203, West Palm Beach, FL 33401 since 01 October 2023 and is currently estimated at $463,351, approximately $249 per square foot. This property was built in 1984. 2480 Presidential Way Unit 1203 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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