$145,000
SOLD JAN 4, 2021

2520 Presidential Way Unit 203 West Palm Beach, FL 33401

Banyan Cay Neighborhood
2 Beds
2 Baths
1,173 Sq Ft
$492/mo HOA Fee

Recently Sold

$124 Per Sq Ft

3% Below List Price

156 Days on Market

Highlights

  • Gated with Attendant
  • Clubhouse
  • Closet Cabinetry
  • Lake View
  • Breakfast Area or Nook
  • Bar

About This Home

As of September 2023

FINANCING FELL THROUGH,, BACK ON THE MARKET AT BELLOW APPRAISED VALUE. Spacious light and bright 2 bedrooms 2 bath unit on the second floor with large screened in balcony and a storage/laundry closet. Beautiful views of the grounds and the lake. Total privacy to enjoy your morning coffee or an afternoon cocktail.Newer kitchen with granite counter tops, stainless appliances and a breakfast bar.Unit is being sold as is for owners convenience. Gated community across the street from Palm Beach Outlet Mall. Minutes to PBI airport and I-95. short drive to downtown and Palm Beach Island.Adjacent to Jack Nicklaus Banyan Cay Golf course. Memberships are available but not mandatory. Incredible opportunity to be a part of an amazing community. Won't last!

Last Agent to Sell the Property

Lana Morrissey

Premier Brokers International License #641238 Listed on: 07/01/2020

Premier Brokers International

Co-Listed By

Steven Burns

Compass Florida LLC (PB) License #3263532

Last Buyer's Agent

Isabel Leo

Illustrated Properties LLC License #3013593

Illustrated Properties LLC

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $2,369

Year Built

  • Built in 1975

HOA Fees

  • $492 Monthly HOA Fees

Property Views

  • Lake
  • Garden

Interior Spaces

  • 1,173 Sq Ft Home
  • 2-Story Property
  • Bar
  • Combination Dining and Living Room
  • Closed Circuit Camera

Kitchen

  • Breakfast Area or Nook
  • Electric Range
  • Microwave
  • Dishwasher
  • Disposal

Flooring

  • Carpet
  • Ceramic Tile

Bedrooms and Bathrooms

  • 2 Bedrooms
  • Split Bedroom Floorplan
  • Closet Cabinetry
  • 2 Full Bathrooms

Laundry

  • Laundry Room
  • Dryer
  • Washer

Parking

  • Guest Parking
  • Open Parking
  • Assigned Parking

Additional Features

  • Patio
  • Central Heating and Cooling System

Listing and Financial Details

  • Assessor Parcel Number 744343070292030

Community Details

Overview

  • Association fees include common areas, insurance, ground maintenance, pool(s), sewer, trash, water
  • Lands Of The President Co Subdivision

Additional Features

  • Clubhouse
  • Gated with Attendant

Property Details

Home Type

Condominium

Est. Annual Taxes

$2,369

Year Built

Built in 1975

Lot Details

0

HOA Fees

$492 per month

Listing Details

  • Prop. Type: Residential
  • Property Sub Type: Condominium
  • Property Sub Type Additional: Condominium
  • Directions: From Palm Beach Lakes Blvd, north on Congress Ave. first light make a right to the guard gate. Building is close to the north gate.
  • Year Built: 1975
  • Year Built Details: Resale
  • Special Features: VirtualTour

Interior Features

  • Interior Amenities: Breakfast Area, Closet Cabinetry, Living/Dining Room, Split Bedrooms, Bar
  • Appliances: Dryer, Dishwasher, Electric Range, Disposal, Microwave, Refrigerator, Washer
  • Full Bathrooms: 2
  • Total Bedrooms: 2
  • Flooring: Carpet, Ceramic Tile
  • Living Area: 1173.0
  • Dining Room Type: Laundry, Storage Room
  • Stories: 2

Exterior Features

  • Exterior Features: Patio
  • View: Garden, Lake
  • Pool Features: None
  • View: Yes
  • Waterfront: No
  • Construction Type: Block
  • Patio And Porch Features: Patio
  • Property Condition: Resale

Garage/Parking

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

Utilities

  • Security: Closed Circuit Camera(s), Gated with Guard, Security Guard
  • Cooling: Central Air, Electric
  • Cooling Y N: Yes
  • Heating: Central, Electric
  • Heating Yn: Yes
  • Sewer: Public Sewer
  • Utilities: Sewer Available, Water Available
  • Water Source: Public

Condo/Co-op/Association

  • Association Fee: 492.0
  • Community Features: Gated, Street Lights, Sidewalks
  • Senior Community: No
  • Amenities: Clubhouse
  • Association Fee Frequency: Monthly

Fee Information

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

Lot Info

  • Parcel #: 744343070292030
  • Zoning Description: MF32(c
  • ResoLotSizeUnits: SquareFeet

Tax Info

  • Tax Year: 2019
  • Tax Annual Amount: 2369.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 21, 2023
Closed on
Sep 11, 2023
Sold by
Frugoni Carlos M
Bought by
Pereira Albertina Dos Reis
Seller's Agent
Lu Li
Highlight Realty Corp/LW
Buyer's Agent
Maria Mitchell
LoKation
List Price
$249,900
Sold Price
$230,000
Premium/Discount to List
-$19,900
-7.96%
Views
94

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
5.30%
Original Mortgage
$170,250
Outstanding Balance
$167,057
Interest Rate
7.12%
Mortgage Type
New Conventional
Estimated Equity
$87,558

Purchase Details

Listed on
Jul 1, 2020
Closed on
Dec 30, 2020
Sold by
Cohen Steven L
Bought by
Frugoni Carlos Maria
Seller's Agent
Lana Morrissey
Premier Brokers International
Buyer's Agent
Isabel Leo
Illustrated Properties LLC
List Price
$149,900
Sold Price
$145,000
Premium/Discount to List
-$4,900
-3.27%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
18.78%

Purchase Details

Closed on
Apr 25, 2001
Sold by
Paul M Cohen M and Marcia L Cohen M
Bought by
Cohen Steven L and Cohen Mary A
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 $230,000 None Listed On Document
Warranty Deed $230,000 None Listed On Document
Warranty Deed $145,000 Integrity Land Title
Warranty Deed $75,000 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $170,250 New Conventional
Closed $170,250 New Conventional
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/16/2025 05/16/25 For Sale $257,500 +12.0% $220 / Sq Ft
09/11/2023 09/11/23 Sold $230,000 -8.0% $196 / Sq Ft
04/21/2023 04/21/23 For Sale $249,900 +72.3% $213 / Sq Ft
01/04/2021 01/04/21 Sold $145,000 -3.3% $124 / Sq Ft
12/05/2020 12/05/20 Pending -- -- --
07/01/2020 07/01/20 For Sale $149,900 -- $128 / 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 $3,678 $212,000 -- --
2023 $3,836 $174,240 $0 $0
2022 $3,539 $158,400 $0 $0
2021 $2,739 $126,000 $0 $126,000
2020 $2,555 $118,000 $0 $118,000
2019 $2,370 $108,000 $0 $108,000
2018 $2,048 $95,000 $0 $95,000
2017 $1,813 $77,000 $0 $0
2016 $1,771 $70,543 $0 $0
2015 $1,652 $64,130 $0 $0
2014 $1,517 $58,300 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: BeachesMLS

MLS Number: R10635291

BeachesMLS

APN: 74-43-43-07-02-029-2030