$325,000
SOLD APR 12, 2021

2480 Presidential Way Unit 9040 West Palm Beach, FL 33401

Banyan Cay Neighborhood
3 Beds
3 Baths
2,334 Sq Ft
$904/mo HOA Fee

Recently Sold

$139 Per Sq Ft

7% Below List Price

305 Days on Market

Highlights

  • Doorman
  • Gated with Attendant
  • 201,189 Sq Ft lot
  • Fitness Center
  • Lake View
  • Sauna

About This Home

As of April 2021

:This spacious 3/3 has over 2500 sq. ft of living space overlooking,Lake Mangonia and all the city lights. Spectacular views during the day and wonderful at night also.Located in the Envoy which is a financially stable deluxe building with full time manager,24 doorman,exercise room,tennis courts,beautiful tropical pool with spa and waterfall and a fabulous social room that makes it so easy to meet your neighbors and new friends. Overlooking what will be the new Banyan Cay resort and golf which will be the newest addition to Palm Beach county.Buy now and enjoy the future improvements. Overlooking the newest Banyan Cay a newly created luxury resort scheduled to open in 2021 in West Palm Beach. Part hotel. Part lifestyle. Completely refined. And coming soon to the West Palm Beach...BANYAN CAY

Last Agent to Sell the Property

Shelley Gerst

The Corcoran Group License #566241 Listed on: 05/11/2020

The Corcoran Group

Last Buyer's Agent

Hector Vazquez

Premier Brokers International License #3383823

Premier Brokers International

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $2,810

Year Built

  • Built in 1984

HOA Fees

  • $904 Monthly HOA Fees

Property Views

  • Lake
  • Garden
  • Pool

Home Design

  • Tar and Gravel Roof

Interior Spaces

  • 2,334 Sq Ft Home
  • Wet Bar
  • Sliding Windows
  • Combination Dining and Living Room
  • Den

Kitchen

  • Electric Range
  • Dishwasher

Flooring

  • Carpet
  • Ceramic Tile

Bedrooms and Bathrooms

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

Laundry

  • Laundry Room
  • Dryer
  • Washer
  • Laundry Tub

Home Security

Parking

  • Detached Garage
  • Guest Parking

Outdoor Features

  • Balcony
  • Open Patio

Utilities

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

Listing and Financial Details

  • Assessor Parcel Number 74434318100009040

Community Details

Overview

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

Amenities

  • Doorman
  • Sauna
  • Billiard Room
  • Community Library
  • Elevator
  • Bike Room

Recreation

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

Pet Policy

  • Pets Allowed

Security

  • Gated with Attendant
  • Resident Manager or Management On Site
  • Fire Sprinkler System

Property Details

Home Type

Condominium

Est. Annual Taxes

$2,810

Year Built

Built in 1984

Lot Details

0

HOA Fees

$904 per month

Listing Details

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

Interior Features

  • Interior Amenities: Wet Bar, Living/Dining Room, Pantry, Split Bedrooms, Walk-In Closet(s)
  • Spa Features: Community
  • Appliances: Dryer, Dishwasher, Electric Range, Refrigerator, Washer
  • Full Bathrooms: 3
  • Total Bedrooms: 3
  • Flooring: Carpet, Ceramic Tile
  • Living Area: 2334.0
  • Dining Room Type: Den, Laundry, Storage Room
  • Stories: 20
  • Window Features: Sliding

Exterior Features

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

Garage/Parking

  • Attached Garage: No
  • Garage Yn: No
  • Parking Features: Detached, Garage, Guest

Utilities

  • Laundry Features: Laundry Tub
  • Security: Door Man, Gated with Guard, Security Guard, Fire Sprinkler System
  • Cooling: Central Air
  • Cooling Y N: Yes
  • Heating: Central
  • Heating Yn: Yes
  • Utilities: Cable Available, Electricity Available, Water Available
  • Water Source: Public

Condo/Co-op/Association

  • Association Fee: 904.0
  • Community Features: Gated, Property Manager On-Site, Pool, Sauna, Shuffleboard, Tennis Court(s)
  • Senior Community: No
  • Amenities: Billiard Room, Bike Storage, Fitness Center, Library, Management, Pool, Shuffleboard Court, Sauna, Spa/Hot Tub, 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, Maintenance Structure, Parking, Pest Control, Pool(s), Reserve Fund, Roof, Security, Trash, Water

Lot Info

  • Parcel #: 74434318100009040
  • Lot Size Sq Ft: 201189.0
  • Zoning Description: MF32(c
  • ResoLotSizeUnits: SquareFeet

Tax Info

  • Tax Year: 2019
  • Tax Annual Amount: 2810.0

Multi Family

  • Number Of Units In Community: 1000

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 11, 2020
Closed on
Apr 16, 2021
Sold by
Beinstein Arnold R and Beinstein Leatrice
Bought by
Irrevocable Agreement Of Trust and Bensten
Seller's Agent
Shelley Gerst
The Corcoran Group
Buyer's Agent
Hector Vazquez
Premier Brokers International
List Price
$349,000
Sold Price
$325,000
Premium/Discount to List
-$24,000
-6.88%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
12.62%

Purchase Details

Listed on
May 11, 2020
Closed on
Apr 12, 2021
Sold by
Bensten William P and Bensten Leatrice Beinstein
Bought by
Donner Alexander
Seller's Agent
Shelley Gerst
The Corcoran Group
Buyer's Agent
Hector Vazquez
Premier Brokers International
List Price
$349,000
Sold Price
$325,000
Premium/Discount to List
-$24,000
-6.88%

Purchase Details

Closed on
Aug 9, 1996
Sold by
Beinstein Leatrice
Bought by
Beinstein Arnold

Purchase Details

Closed on
Jul 25, 1996
Sold by
Beinstein Arnold and Beinstein Leatrice
Bought by
Beinstein Leatrice
Source: Public Records

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Range of Values:

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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
Deed -- --
Warranty Deed $325,000 Attorney
Warranty Deed $100 --
Warranty Deed $100 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $400,000 New Conventional
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/06/2025 07/06/25 Pending -- -- --
05/04/2025 05/04/25 For Sale $550,000 +69.2% $236 / Sq Ft
04/12/2021 04/12/21 Sold $325,000 -6.9% $139 / Sq Ft
03/13/2021 03/13/21 Pending -- -- --
05/11/2020 05/11/20 For Sale $349,000 -- $150 / 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 $8,740 $406,536 -- --
2023 $8,159 $369,578 $0 $0
2022 $7,282 $335,980 $0 $0
2021 $5,937 $264,000 $0 $264,000
2020 $5,995 $264,000 $0 $264,000
2019 $2,811 $160,275 $0 $0
2018 $2,623 $157,287 $0 $0
2017 $2,565 $154,052 $0 $0
2016 $2,550 $150,883 $0 $0
2015 $2,599 $149,834 $0 $0
2014 $2,599 $148,645 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • W

    Seller's Agent in 2025

    Wilhelmus Berndsen

    Berndsen & Berndsen Realty

    (352) 613-6298

    5 in this area

    8 Total Sales

    Section Image
  • Shelley Gerst

    Seller's Agent in 2021

    Shelley Gerst

    The Corcoran Group

    (561) 655-9029

    38 in this area

    39 Total Sales

    Section Image
  • Hector Vazquez

    Buyer's Agent in 2021

    Hector Vazquez

    Premier Brokers International

    (347) 208-4209

    62 in this area

    94 Total Sales

    Section Image
See All Agents

Map

Source: BeachesMLS

MLS Number: R10621898

BeachesMLS

APN: 74-43-43-18-10-000-9040

Florida Palm Beach County West Palm Beach 33401 Banyan Cay

2480 Presidential Way Unit 9040, West Palm Beach, FL

This home is located at 2480 Presidential Way Unit 9040, West Palm Beach, FL 33401 and is currently priced at $325,000, approximately $139 per square foot. This property was built in 1984. 2480 Presidential Way Unit 9040 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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