470 Executive Center Dr Unit 2K West Palm Beach, FL 33401
Banyan Cay NeighborhoodEstimated payment $1,443/month
Highlights
- Water Views
- Gated Community
- Sauna
- Fitness Center
- Clubhouse
- Community Pool
About This Home
INVESTOR-FRIENDLY OPPORTUNITY! Bright and spacious 1-bedroom, 1-bath unit located on the 2nd floor. Features a large living and dining area, title and carpet flooring, and plenty of closet space. Elevator and laundry room in the building for added convenience. Assigned parking plus guest parking. Secure, gated community with excellent amenities including a large swimming pool, fitness center, tennis courts, and more!Prime location -- just minutes from the airport, I-95, outlet malls, restaurants, and the beach!The unit is rented to a reliable long-term tenant at $1,525/month with a lease in place through 03/31/2026. No rental restrictions for new owners--start collecting income immediately after closing by honoring the current lease.
Property Details
Home Type
- Condominium
Est. Annual Taxes
- $2,178
Year Built
- Built in 1979
HOA Fees
- $528 Monthly HOA Fees
Home Design
- Entry on the 2nd floor
Interior Spaces
- 704 Sq Ft Home
- Ceiling Fan
- Blinds
- Combination Dining and Living Room
- Water Views
- Security Gate
Kitchen
- Electric Range
- Microwave
- Dishwasher
Flooring
- Carpet
- Tile
Bedrooms and Bathrooms
- 1 Bedroom
- Walk-In Closet
- 1 Full Bathroom
Parking
- Guest Parking
- Assigned Parking
Outdoor Features
- Balcony
- Open Patio
Schools
- Westward Elementary School
- Bear Lakes Middle School
- Palm Beach Lakes High School
Utilities
- Central Heating
- Electric Water Heater
- Municipal Trash
- Cable TV Available
Listing and Financial Details
- Security Deposit $500
- Assessor Parcel Number 74434320020020211
Community Details
Overview
- Association fees include management, common areas, insurance, laundry, legal/accounting, maintenance structure, pool(s), roof, sewer, water
- 195 Units
- Breakwaters Of The Palm B Subdivision
- 5-Story Property
Amenities
- Sauna
- Clubhouse
- Game Room
- Laundry Facilities
- Community Storage Space
Recreation
- Tennis Courts
- Fitness Center
- Community Pool
- Park
Security
- Resident Manager or Management On Site
- Gated Community
- Fire and Smoke Detector
Map
Home Values in the Area
Average Home Value in this Area
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 | $2,178 | $87,181 | -- | -- |
| 2023 | $2,054 | $79,255 | $0 | $0 |
| 2022 | $1,859 | $72,050 | $0 | $0 |
| 2021 | $1,620 | $65,500 | $0 | $65,500 |
| 2020 | $1,634 | $65,500 | $0 | $65,500 |
| 2019 | $1,610 | $64,500 | $0 | $64,500 |
| 2018 | $1,392 | $57,500 | $0 | $57,500 |
| 2017 | $617 | $47,500 | $0 | $0 |
| 2016 | $1,081 | $40,596 | $0 | $0 |
| 2015 | $1,000 | $36,905 | $0 | $0 |
| 2014 | $951 | $33,550 | $0 | $0 |
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft | Prior Sale |
|---|---|---|---|---|---|
| 06/12/2025 06/12/25 | For Sale | $140,000 | 0.0% | $199 / Sq Ft | |
| 04/06/2024 04/06/24 | Under Contract | -- | -- | -- | |
| 04/01/2024 04/01/24 | Rented | $1,425 | 0.0% | -- | |
| 03/11/2024 03/11/24 | Price Changed | $1,425 | -13.6% | $2 / Sq Ft | |
| 03/05/2024 03/05/24 | For Rent | $1,650 | +3.1% | -- | |
| 04/01/2023 04/01/23 | Rented | $1,600 | 0.0% | -- | |
| 02/09/2023 02/09/23 | For Rent | $1,600 | +3.2% | -- | |
| 06/01/2022 06/01/22 | Rented | $1,550 | 0.0% | -- | |
| 05/02/2022 05/02/22 | Under Contract | -- | -- | -- | |
| 04/11/2022 04/11/22 | For Rent | $1,550 | 0.0% | -- | |
| 05/30/2017 05/30/17 | Sold | $65,000 | -7.1% | $77 / Sq Ft | View Prior Sale |
| 04/30/2017 04/30/17 | Pending | -- | -- | -- | |
| 03/27/2017 03/27/17 | For Sale | $70,000 | -- | $83 / Sq Ft |
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Warranty Deed | $650,000 | Progressive Title Solutions | |
| Deed | $65,000 | -- | |
| Quit Claim Deed | -- | None Available |
Source: BeachesMLS
MLS Number: R11099059
APN: 74-43-43-20-02-002-0211
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