NOT LISTED FOR SALE

2480 Presidential Way Unit 8030 West Palm Beach, FL 33401

Banyan Cay Neighborhood

Estimated Value: $388,805 - $506,000

2 Beds
2 Baths
1,855 Sq Ft
$752/mo HOA Fee

Last Sold June 17, 2021

Last sale price $315,000 $170 Per Sq Ft

Est. 41% increase in value since last sale

Current estimated payment $3,483/month

243 Days on Market

Highlights

  • Doorman
  • Gated with Attendant
  • Lake View
  • Golf Course Community
  • Heated Pool
  • Clubhouse

About This Home

As of June 2021

This is a tastefully remodeled unit in Lands of The President's most prestigious building. The unit enjoys beautiful unobstructed easterly views, has an open floor plan, and is very spacious. New AC, water heater, and appliances. This unit is truly move in ready in one of the most desirable neighborhoods in West Palm Beach. You are close to downtown, beaches, airport, restaurants and new outlet mall. Enjoy resort style living with private pool, tennis, bocce ball, gym, brand new club room, and more! Unit is priced to sell.

Last Agent to Sell the Property

Manal Hammad

Compass Florida LLC License #689370 Listed on: 09/16/2020

Compass Florida LLC

Last Buyer's Agent

Shelley Gerst

The Corcoran Group License #566241

The Corcoran Group

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $4,620

Year Built

  • Built in 1984

Lot Details

  • 4.62

HOA Fees

  • $752 Monthly HOA Fees

Parking

  • 1 Car Detached Garage
  • Assigned Parking

Property Views

  • Lake
  • Golf Course

Home Design

  • Tar and Gravel Roof

Interior Spaces

  • 1,855 Sq Ft Home
  • Sliding Windows
  • Entrance Foyer
  • Great Room
  • Formal Dining Room

Kitchen

  • Breakfast Area or Nook
  • Eat-In Kitchen
  • Electric Range
  • Dishwasher

Flooring

  • Wood
  • Ceramic Tile

Bedrooms and Bathrooms

  • 2 Bedrooms
  • Split Bedroom Floorplan
  • Walk-In Closet
  • 2 Full Bathrooms

Laundry

  • Dryer
  • Washer

Outdoor Features

  • Heated Pool
  • Balcony
  • Open Patio

Utilities

  • Central Heating and Cooling System
  • Municipal Trash

Listing and Financial Details

  • Assessor Parcel Number 74434318100008030

Community Details

Overview

  • Association fees include management, cable TV, insurance, ground maintenance, maintenance structure, pest control, pool(s), reserve fund, security, trash, water
  • 1,000 Units
  • Envoy Condo In Lands Of T Subdivision
  • 20-Story Property

Amenities

  • Doorman
  • Sauna
  • Clubhouse
  • Billiard Room
  • Community Library
  • Elevator
  • Bike Room
  • Community Storage Space

Recreation

  • Golf Course Community
  • Tennis Courts
  • Bocce Ball Court
  • Shuffleboard Court
  • Community Pool
  • Community Spa

Security

  • Gated with Attendant
  • Resident Manager or Management On Site
  • Card or Code Access

Property Details

Home Type

Condominium

Est. Annual Taxes

$4,620

Year Built

Built in 1984

Lot Details

0

HOA Fees

$752 per month

Parking

1

Listing Details

  • Prop. Type: Residential
  • Property Sub Type: Condominium
  • Property Sub Type Additional: Condominium
  • Directions: Palm Beach Lakes to Congress, turn on Presidential Way to access main gate. Maps will sometimes take you to rear entrance to community that is accessible for residents only. Proceed to Envoy Building.
  • Year Built: 1984
  • Year Built Details: Resale
  • Special Features: VirtualTour

Interior Features

  • Interior Amenities: Breakfast Area, Dining Area, Separate/Formal Dining Room, Entrance Foyer, Eat-in Kitchen, Living/Dining Room, Split Bedrooms, Walk-In Closet(s)
  • Spa Features: Community
  • Appliances: Dryer, Dishwasher, Electric Range, Refrigerator, Washer
  • Full Bathrooms: 2
  • Total Bedrooms: 2
  • Flooring: Ceramic Tile, Wood
  • Living Area: 1855.0
  • Dining Room Type: Great Room
  • Stories: 20
  • Window Features: Sliding

Exterior Features

  • Exterior Features: Balcony
  • View: Golf Course, Lake, Water
  • Pool Features: Heated, None, Association, Community
  • View: Yes
  • Waterfront: No
  • Disclosures: Owner Is Listing Agent
  • Construction Type: Block
  • Patio And Porch Features: Balcony, Open
  • Property Condition: Resale
  • Roof: Tar/Gravel

Garage/Parking

  • Covered Parking Spaces: 1.0
  • Attached Garage: No
  • Garage Spaces: 1.0
  • Garage Yn: Yes
  • Parking Features: Assigned, Detached, Garage

Utilities

  • Security: Door Man, Gated with Guard, Key Card Entry, Security Guard
  • Cooling: Central Air
  • Cooling Y N: Yes
  • Heating: Central
  • Heating Yn: Yes
  • Sewer: Public Sewer
  • Utilities: Sewer Available, Water Available
  • Water Source: Public

Condo/Co-op/Association

  • Association Fee: 752.0
  • Community Features: Clubhouse, Golf, Golf Course Community, Gated, Property Manager On-Site, Pool, Sauna, Shuffleboard, Tennis Court(s)
  • Senior Community: No
  • Amenities: Billiard Room, Bike Storage, Clubhouse, Golf Course, Library, Management, Pool, Shuffleboard Court, Sauna, Spa/Hot Tub, Storage, Tennis Court(s), Trash, Bocce Court, Elevator(s)
  • Association Fee Frequency: Monthly

Fee Information

  • Association Fee Includes: Association Management, Cable TV, Insurance, Maintenance Grounds, Maintenance Structure, Pest Control, Pool(s), Reserve Fund, Security, Trash, Water

Lot Info

  • Parcel #: 74434318100008030
  • Zoning Description: MF32(c
  • ResoLotSizeUnits: SquareFeet

Tax Info

  • Tax Year: 2020
  • Tax Annual Amount: 4620.0

Multi Family

  • Number Of Units In Community: 1000

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 16, 2020
Closed on
Jun 17, 2021
Sold by
Randolph Industries Llc
Bought by
Bafna Renu
Seller's Agent
Manal Hammad
Compass Florida LLC
Buyer's Agent
Shelley Gerst
The Corcoran Group
List Price
$325,000
Sold Price
$315,000
Premium/Discount to List
-$10,000
-3.08%
Current Estimated Value
$443,451

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$128,451
Avg. Annual Appreciation
8.14%

Purchase Details

Closed on
Mar 1, 2019
Sold by
Hammad Randolph Owar W and Hammad Randolph Owar W
Bought by
Randolph Industries Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$175,000
Interest Rate
4.4%
Mortgage Type
Commercial

Purchase Details

Closed on
Mar 6, 2015
Sold by
Hoatson Metta V and Brynildsen Bengt
Bought by
Zfh Trust

Purchase Details

Closed on
Mar 6, 2012
Sold by
Brynildsen Bengt and Hoatson Metta V
Bought by
Envoy Condominium Association Inc

Purchase Details

Closed on
Oct 1, 2007
Sold by
Bloom Rhoda S and Smith Marian B
Bought by
Hoatson Metta and Brynildsen Bengt

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$200,000
Interest Rate
6.49%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
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

Source: Public Records

Average Home Value in this Area

Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Bafna Renu $315,000 Zing Title Agency Inc
Randolph Industries Llc -- Attorney
Zfh Trust $139,400 None Available
Envoy Condominium Association Inc -- None Available
Hoatson Metta $250,000 Flagler Title Company
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Randolph Industries Llc $175,000
Previous Owner Hoatson Metta $200,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
06/17/2021 06/17/21 Sold $315,000 -3.1% $170 / Sq Ft
05/18/2021 05/18/21 Pending -- -- --
09/16/2020 09/16/20 For Sale $325,000 0.0% $175 / Sq Ft
04/02/2013 04/02/13 For Rent $1,250 -3.8% --
04/02/2013 04/02/13 Rented $1,300 +15.6% --
07/01/2012 07/01/12 Rented $1,125 -25.0% --
06/01/2012 06/01/12 Under Contract -- -- --
04/12/2012 04/12/12 For Rent $1,500 -- --
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 $4,875 $286,061 -- --
2023 $4,740 $277,729 $0 $0
2022 $4,874 $269,640 $0 $0
2021 $5,133 $227,000 $0 $227,000
2020 $5,182 $227,000 $0 $227,000
2019 $4,621 $232,000 $0 $232,000
2018 $3,929 $192,000 $0 $192,000
2017 $3,459 $152,000 $0 $0
2016 $4,540 $197,000 $0 $0
2015 $3,595 $147,620 $0 $0
2014 $3,459 $134,200 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • M

    Seller's Agent in 2021

    Manal Hammad

    Compass Florida LLC

    (561) 846-0597

    2 in this area

    15 Total Sales

    Manal Hammad
    Section Image
  • Shelley Gerst

    Buyer's Agent in 2021

    Shelley Gerst

    The Corcoran Group

    (561) 655-9029

    35 in this area

    36 Total Sales

    Shelley Gerst
    Section Image
  • Joe Leone

    Buyer's Agent in 2012

    Joe Leone

    Highlight Realty Corp/LW

    (561) 846-0606

    1 in this area

    59 Total Sales

    Joe Leone
    Section Image
See All Agents

Map

Source: BeachesMLS

MLS Number: R10655714

BeachesMLS

APN: 74-43-43-18-10-000-8030

Florida Palm Beach County West Palm Beach 33401 Banyan Cay

2480 Presidential Way Unit 8030, West Palm Beach, FL

This home is located at 2480 Presidential Way Unit 8030, West Palm Beach, FL 33401 since 16 September 2020 and is currently estimated at $443,451, approximately $239 per square foot. This property was built in 1984. 2480 Presidential Way Unit 8030 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.

Nearby Homes