NOT LISTED FOR SALE

425 Executive Center Dr Unit 106 West Palm Beach, FL 33401

Banyan Cay Neighborhood

Estimated Value: $136,000 - $178,000

1 Bed
1 Bath
713 Sq Ft
$280/mo HOA Fee

Last Sold October 21, 2022

Last sale price $120,000 $168 Per Sq Ft

Est. 25% increase in value since last sale

Current estimated payment $1,303/month

Highlights

  • Clubhouse
  • Great Room
  • Community Basketball Court
  • Garden View
  • Community Pool
  • Park

About This Home

As of October 2022

Investor special! Same tenant has occupied since 2010 and wants to stay. Current lease thru 8.31.23 paying $1150/mo. and says can handle increase. Must be purchased subject to current lease. First floor convenience provides no stairs to deal with and offers walk out patio! Clear Lake Palms has many amenities and has easy access to I-95. Pet friendly neighborhood!

Last Agent to Sell the Property

Kevin Kent

KW Reserve License #504641 Listed on: 08/25/2022

KW Reserve

Last Buyer's Agent

Kevin Kent

KW Reserve License #504641 Listed on: 08/25/2022

KW Reserve

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $1,218

Year Built

  • Built in 1971

Lot Details

  • 1

HOA Fees

  • $280 Monthly HOA Fees

Interior Spaces

  • 713 Sq Ft Home
  • 2-Story Property
  • Great Room
  • Garden Views
  • Electric Range

Flooring

  • Carpet
  • Ceramic Tile

Bedrooms and Bathrooms

  • 1 Bedroom
  • 1 Full Bathroom

Home Security

Utilities

  • Central Heating and Cooling System
  • Electric Water Heater

Listing and Financial Details

  • Assessor Parcel Number 74434320080101060

Community Details

Overview

  • Association fees include common areas, insurance, laundry, ground maintenance, maintenance structure, parking, pool(s), recreation facilities, sewer
  • Clear Lake Palms Condo Subdivision

Amenities

  • Clubhouse
  • Laundry Facilities

Recreation

  • Community Basketball Court
  • Community Pool
  • Park

Security

  • Resident Manager or Management On Site
  • Fire and Smoke Detector

Property Details

Home Type

Condominium

Est. Annual Taxes

$1,218

Year Built

Built in 1971

Lot Details

0

HOA Fees

$280 per month

Listing Details

  • Prop. Type: Residential
  • Property Sub Type: Condominium
  • Property Sub Type Additional: Condominium
  • Directions: From I-95 head east on of Palm Beach Lakes Blvd. Go south on Executive Center Drive. Turn right on Presidio Place and turn right once in the community. Circle around to back of community.
  • Year Built: 1971
  • Entry Level: 1
  • Year Built Details: Resale
  • Special Features: VirtualTour

Interior Features

  • Furnished: Unfurnished
  • Appliances: Electric Range, Electric Water Heater, Refrigerator
  • Full Bathrooms: 1
  • Total Bedrooms: 1
  • Flooring: Carpet, Ceramic Tile
  • Living Area: 713.0
  • Dining Room Type: Great Room
  • Stories: 2

Exterior Features

  • View: Garden
  • Pool Features: None, Association, Community
  • Waterfront: No
  • Construction Type: Block
  • Property Condition: Resale

Garage/Parking

  • Garage Yn: No

Utilities

  • Laundry Features: Common Area
  • Security: Smoke Detector(s)
  • 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: 280.0
  • Community Features: Clubhouse, Non-Gated, Park, Property Manager On-Site, Pool, Street Lights
  • Senior Community: No
  • Amenities: Basketball Court, Clubhouse, Laundry, Management, Pool
  • Association Fee Frequency: Monthly

Fee Information

  • Association Fee Includes: Common Areas, Insurance, Laundry, Maintenance Grounds, Maintenance Structure, Parking, Pool(s), Recreation Facilities, Sewer

Lot Info

  • Parcel #: 74434320080101060
  • Zoning Description: MF32

Tax Info

  • Tax Year: 2021
  • Tax Annual Amount: 1218.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 25, 2022
Closed on
Oct 5, 2022
Sold by
9106 Clear Lake Palms Corp
Bought by
Infinity Clear Lake Llc
Seller's Agent
Kevin Kent
KW Reserve
Buyer's Agent
Kevin Kent
KW Reserve
List Price
$120,000
Sold Price
$120,000
Views
2
Current Estimated Value
$149,905

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$29,905
Avg. Annual Appreciation
8.30%

Purchase Details

Closed on
Nov 14, 2006
Sold by
Clear Lake Palms Llc
Bought by
9106 Clear Lake Palms Corp
Source: Public Records

Range of Values:

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Average Value
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List Price
Sold Price
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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
Infinity Clear Lake Llc $120,000 First Choice Title Services
9106 Clear Lake Palms Corp $159,700 Attorney
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Infinity Clear Lake Llc $27,180,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/21/2022 10/21/22 Sold $120,000 0.0% $168 / Sq Ft
08/26/2022 08/26/22 Pending -- -- --
08/25/2022 08/25/22 For Sale $120,000 -- $168 / 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 $2,551 $112,200 -- --
2023 $2,304 $102,000 $0 $102,000
2022 $1,358 $44,095 $0 $0
2021 $1,218 $62,000 $0 $62,000
2020 $1,133 $56,000 $0 $56,000
2019 $1,054 $50,000 $0 $50,000
2018 $904 $46,000 $0 $46,000
2017 $877 $50,000 $0 $0
2016 $787 $24,890 $0 $0
2015 $759 $22,627 $0 $0
2014 $660 $20,570 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: BeachesMLS

MLS Number: R10827168

BeachesMLS

APN: 74-43-43-20-08-010-1060