$475,000
$24K PRICE DROP

2480 Presidential Way Unit 2040 West Palm Beach, FL 33401

Banyan Cay Neighborhood

Estimated payment $4,878/month

Total Views 2,545
3 Beds
3 Baths
2,334 Sq Ft
$204 Price per Sq Ft

Highlights

  • Doorman
  • Gated with Attendant
  • Clubhouse
  • Fitness Center
  • In Ground Spa
  • Marble Flooring

About This Home

Price reduction!!! If you are looking for space,convenience and easy living in Florida this expansive 3/3 unit with fabulous open floor plan is for you. over 2500 sq ft. Enormous living space w/ balcony running the entire length of formal living areas. Garden view with tropical foliage,green trees and pond with the new BELGROVE BY MARRIOTT HOTEL AND RESORT in your backyard! 2 parking spaces w/one in the garage. Separate laundry room washer/dryer and utility sink.24 doorman, gorgeous pool/spa, tennis and gym and additional storage on the floor. The Envoy is in the Lands of the President which is a gated community located on the grounds of the brand new DUTCHMANS PIPE Golf Club which will offer full service resort style amenities.Fabulous convenient location which is just

Listing Agent

Shelley Gerst

The Corcoran Group License #566241 Listed on: 03/01/2025

The Corcoran Group

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $8,797

Year Built

  • Built in 1984

HOA Fees

  • $1,644 Monthly HOA Fees

Parking

  • Over 1 Space Per Unit
  • Open Parking
  • Assigned Parking

Home Design

  • Entry on the 2nd floor
  • Tar and Gravel Roof

Interior Spaces

  • 2,334 Sq Ft Home
  • Wet Bar
  • Furnished or left unfurnished upon request
  • Built-In Features
  • Sliding Windows
  • Combination Dining and Living Room
  • Den
  • Screened Porch
  • Garden Views
  • Security Gate
  • Washer and Dryer

Kitchen

  • Electric Range
  • Microwave
  • Ice Maker
  • Dishwasher
  • Disposal

Flooring

  • Carpet
  • Marble

Bedrooms and Bathrooms

  • 3 Main Level Bedrooms
  • Split Bedroom Floorplan
  • Closet Cabinetry
  • Walk-In Closet
  • 3 Full Bathrooms
  • Separate Shower in Primary Bathroom

Outdoor Features

  • In Ground Spa
  • Balcony

Utilities

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

Listing and Financial Details

  • Assessor Parcel Number 74434318100002040
  • Seller Considering Concessions

Community Details

Overview

  • Association fees include management, common areas, insurance, maintenance structure, parking, pest control, pool(s), reserve fund, roof, sewer, security, trash, water, internet
  • 1,000 Units
  • High-Rise Condominium
  • Envoy Condo Subdivision
  • 20-Story Property

Amenities

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

Recreation

  • Tennis Courts
  • Shuffleboard Court
  • Fitness Center
  • Community Pool

Security

  • Gated with Attendant

Property Details

Home Type

Condominium

Est. Annual Taxes

$8,797

Year Built

Built in 1984

Lot Details

0

HOA Fees

$1,644 per month

Parking

1

Listing Details

  • Prop. Type: Residential
  • Property Sub Type: Condominium
  • Property Sub Type Additional: Condominium
  • Directions: PALM BEACH LAKES TO CONGRESS TO THE FIRST STOP LIGHT ON PRESIDENTIAL WAY
  • Year Built: 1984
  • Architectural Style: High Rise
  • Entry Level: 2
  • Unit Levels: Three Or More
  • Year Built Details: Resale
  • Special Features: VirtualTour

Interior Features

  • Interior Amenities: Wet Bar, Built-in Features, Closet Cabinetry, Living/Dining Room, Split Bedrooms, Separate Shower, Walk-In Closet(s)
  • Main Level Bedrooms: 3
  • Private Spa: Yes
  • Furnished: Negotiable
  • Spa Features: In Ground
  • Appliances: Dryer, Dishwasher, Electric Range, Electric Water Heater, Disposal, Ice Maker, Microwave, Refrigerator, Washer/Dryer, Washer
  • Full Bathrooms: 3
  • Total Bedrooms: 3
  • Flooring: Carpet, Marble
  • Living Area: 2334.0
  • Dining Room Type: Den
  • Stories: 20
  • Window Features: Sliding

Exterior Features

  • Exterior Features: Balcony
  • View: Garden
  • Pool Features: None, Association, Community
  • Pool Private: No
  • Waterfront: No
  • Construction Type: Block
  • Patio And Porch Features: Balcony, Screened
  • Property Condition: Resale
  • Roof: Tar/Gravel

Garage/Parking

  • Covered Parking Spaces: 1.0
  • Attached Garage: Yes
  • Garage Spaces: 1.0
  • Garage Yn: Yes
  • Open Parking: Yes
  • Parking Features: Assigned, Attached, Garage, Open, Two or More Spaces

Utilities

  • Security: Door Man, Security Gate, Gated with Guard, Security Guard
  • Cooling: Central Air, Humidity Control
  • Cooling Y N: Yes
  • Heating: Central
  • Heating Yn: Yes
  • Sewer: Public Sewer
  • Utilities: Cable Available, Sewer Available, Water Available
  • Water Source: Public

Condo/Co-op/Association

  • Association Fee: 1644.0
  • Community Features: Gated, Internet Access, Pool, Sauna, Shuffleboard, Tennis Court(s)
  • Senior Community: No
  • Amenities: Billiard Room, Clubhouse, Fitness Center, Pool, Shuffleboard Court, Sauna, Storage, Tennis Court(s), Trash, Elevator(s)
  • Association Fee Frequency: Monthly
  • Association: Yes

Fee Information

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

Lot Info

  • Parcel #: 74434318100002040
  • Zoning Description: MF32(c

Tax Info

  • Tax Year: 2024
  • Tax Annual Amount: 8797.0

Multi Family

  • Number Of Units In Community: 1000

Map

Range of Values:

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Value Increase
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Percent Increase
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Adjusted for Inflation
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Home Values in the Area

Source: Public Records

Average Home Value in this Area

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 $8,797 $420,000 -- --
2023 $7,813 $353,100 $0 $0
2022 $6,967 $321,000 $0 $0
2021 $5,633 $250,000 $0 $250,000
2020 $5,688 $250,000 $0 $250,000
2019 $5,603 $260,000 $0 $260,000
2018 $4,825 $220,000 $0 $220,000
2017 $4,403 $195,000 $0 $0
2016 $4,529 $190,333 $0 $0
2015 $4,237 $173,030 $0 $0
2014 $4,072 $157,300 $0 $0
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
10/04/2025 10/04/25 Off Market $475,000 -- --
09/30/2025 09/30/25 For Sale $475,000 0.0% $204 / Sq Ft
05/01/2025 05/01/25 Price Changed $475,000 -4.8% $204 / Sq Ft
03/01/2025 03/01/25 For Sale $499,000 +17.4% $214 / Sq Ft
01/26/2023 01/26/23 Sold $425,000 -10.5% $182 / Sq Ft View Prior Sale
10/27/2022 10/27/22 Price Changed $475,000 -17.4% $204 / Sq Ft
07/14/2022 07/14/22 For Sale $575,000 -- $246 / Sq Ft
Source: BeachesMLS

Purchase History

Date Type Sale Price Title Company
Warranty Deed $425,000 --
Warranty Deed $400,000 Steinberg Garellek
Source: Public Records

Source: BeachesMLS

MLS Number: R11067201

BeachesMLS

APN: 74-43-43-18-10-000-2040

Florida Palm Beach County West Palm Beach 33401 Banyan Cay

2480 Presidential Way Unit 2040, West Palm Beach, FL

For Sale

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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Shelley Gerst
Listing Agent
Shelley Gerst
Section Image
The Corcoran Group
(561) 269-0841