$200,000
SOLD JUN 30, 2025

2500 Presidential Way Unit 205 West Palm Beach, FL 33401

Banyan Cay Neighborhood
2 Beds
2 Baths
1,034 Sq Ft
$698/mo HOA Fee

Recently Sold

$193 Per Sq Ft

22% Below List Price

314 Days on Market

Highlights

  • Fitness Center
  • Canal View
  • Furnished
  • Gated with Attendant
  • Clubhouse
  • Screened Porch

About This Home

As of June 2025

Immaculate 2 bedroom 2 bathroom condo with open kitchen. with granite counter tops, beautiful updated cabinets and stainless steel appliances. White ceramic tiles throughout unit with beautiful view of green space from your screened balcony Updated electrical panel with full sizeed washer and dryer inside the unit.Located in the 24 hr gated community of the Lands of the President. Walking distance to the beautiful large heated pool. Walk to the new Jack Nicklaus Banyan Cay Golf Course(now Dutchmans Pipe} & Palm Beach Outlets. Convenient location just a few minutes drive to PBIA, Downtown West Palm Beach, Cityplace, Kravis Center,Tanger Outlet Mall with Wholefoods, restaurants & beaches. Ready for occupancy for the 2025 season.

Last Agent to Sell the Property

Shelley Gerst

The Corcoran Group License #566241 Listed on: 08/20/2024

The Corcoran Group

Last Buyer's Agent

David Cooke

Douglas Elliman License #3622153

Douglas Elliman

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $1,151

Year Built

  • Built in 1975

HOA Fees

  • $698 Monthly HOA Fees

Property Views

  • Canal
  • Garden

Home Design

  • Tar and Gravel Roof

Interior Spaces

  • 1,034 Sq Ft Home
  • 4-Story Property
  • Furnished
  • Blinds
  • Sliding Windows
  • Entrance Foyer
  • Combination Dining and Living Room
  • Screened Porch
  • Security Gate

Kitchen

  • Electric Range
  • Dishwasher
  • Disposal

Flooring

  • Carpet
  • Tile

Bedrooms and Bathrooms

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

Laundry

  • Laundry Room
  • Washer and Dryer

Parking

  • Over 1 Space Per Unit
  • Open Parking

Outdoor Features

  • Balcony

Schools

  • Roosevelt Community Middle School
  • Palm Beach Lakes High School

Utilities

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

Listing and Financial Details

  • Assessor Parcel Number 74434307020282050

Community Details

Overview

  • Association fees include common areas, insurance, ground maintenance, maintenance structure, parking, pool(s), roof, sewer, trash, water
  • 1,000 Units
  • High-Rise Condominium
  • Lands Of The President Co Subdivision

Amenities

  • Clubhouse
  • Elevator

Recreation

  • Fitness Center
  • Community Pool

Security

  • Gated with Attendant
  • Fire and Smoke Detector

Property Details

Home Type

Condominium

Est. Annual Taxes

$1,151

Year Built

Built in 1975

Lot Details

0

HOA Fees

$698 per month

Listing Details

  • Prop. Type: Residential
  • Property Sub Type: Condominium
  • Property Sub Type Additional: Condominium
  • Directions: I-95 to Palm Beach Lakes Blvd(exit 71) east, left on N. Congress & right at first traffic light on Presidential Way
  • Year Built: 1975
  • Architectural Style: High Rise
  • Entry Level: 2
  • Unit Levels: Three Or More
  • Year Built Details: Resale
  • Special Features: VirtualTour

Interior Features

  • Interior Amenities: Entrance Foyer, Living/Dining Room, Pantry, Split Bedrooms, Tub Shower, Walk-In Closet(s)
  • Furnished: Furnished
  • Appliances: Dryer, Dishwasher, Electric Range, Electric Water Heater, Disposal, Refrigerator, Washer/Dryer, Washer
  • Full Bathrooms: 2
  • Total Bedrooms: 2
  • Flooring: Carpet, Tile
  • Living Area: 1034.0
  • Dining Room Type: Laundry
  • Stories: 4
  • Window Features: Blinds, Drapes, Sliding

Exterior Features

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

Garage/Parking

  • Garage Yn: No
  • Open Parking: Yes
  • Parking Features: Open, Two or More Spaces

Utilities

  • Security: 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: 698.0
  • Community Features: Gated, Pool, Sidewalks
  • Senior Community: No
  • Amenities: Clubhouse, Fitness Center, Pool, Trash, Elevator(s)
  • Association Fee Frequency: Monthly
  • Association: Yes
  • Pets Allowed: No

Fee Information

  • Association Fee Includes: Common Areas, Insurance, Maintenance Grounds, Maintenance Structure, Parking, Pool(s), Roof, Sewer, Trash, Water

Schools

  • High School: Palm Beach Lakes
  • Middle Or Junior School: Roosevelt Community

Lot Info

  • Parcel #: 74434307020282050
  • Lot Size: Paved Road,Private Road,
  • Zoning Description: MF32(c

Tax Info

  • Tax Year: 2023
  • Tax Annual Amount: 1151.0

Multi Family

  • Number Of Units In Community: 1000

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 20, 2024
Closed on
Jun 30, 2025
Sold by
Egan Janice M and Janice M Egan Revocable Trust
Bought by
Stanzak Dorothy
Seller's Agent
Shelley Gerst
The Corcoran Group
Buyer's Agent
David Cooke
Douglas Elliman
List Price
$255,000
Sold Price
$200,000
Premium/Discount to List
-$55,000
-21.57%
Views
36

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
76.01%

Purchase Details

Closed on
Sep 10, 2019
Sold by
Egan Janice M
Bought by
Egan Janice M and Janice M Egan Revocable Trust

Purchase Details

Closed on
Jun 30, 2008
Sold by
Carr Donna
Bought by
Egan Janice M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$88,000
Interest Rate
5.96%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jun 28, 2005
Sold by
Adams Roy
Bought by
U S Bank Na
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
Warranty Deed $200,000 None Listed On Document
Warranty Deed $200,000 None Listed On Document
Interfamily Deed Transfer -- Attorney
Deed $110,000 Attorney
Warranty Deed -- --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Previous Owner $88,000 Purchase Money Mortgage
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/30/2025 06/30/25 Sold $200,000 -8.7% $193 / Sq Ft
04/11/2025 04/11/25 Price Changed $219,000 -2.7% $212 / Sq Ft
01/09/2025 01/09/25 Price Changed $225,000 -10.0% $218 / Sq Ft
11/13/2024 11/13/24 Price Changed $250,000 -2.0% $242 / Sq Ft
08/20/2024 08/20/24 For Sale $255,000 -- $247 / 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 $4,032 $187,000 -- --
2023 $1,151 $88,162 $0 $0
2022 $1,113 $85,594 $0 $0
2021 $1,088 $83,101 $0 $0
2020 $1,072 $81,954 $0 $0
2019 $1,045 $80,111 $0 $0
2018 $931 $78,617 $0 $0
2017 $885 $77,000 $0 $0
2016 $971 $80,000 $0 $0
2015 $1,597 $62,557 $0 $0
2014 $1,457 $56,870 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: BeachesMLS

MLS Number: R11013884

BeachesMLS

APN: 74-43-43-07-02-028-2050