NOT LISTED FOR SALE

470 Executive Center Dr Unit 512 West Palm Beach, FL 33401

Banyan Cay Neighborhood

Estimated Value: $134,525 - $178,000

1 Bed
1 Bath
750 Sq Ft
$418/mo HOA Fee

Last Sold May 13, 2022

Last sale price $155,000 $207 Per Sq Ft

Est. 3% increase in value since last sale

Current estimated payment $1,518/month

35 Days on Market

Highlights

  • Gated Community
  • Tennis Courts
  • Ceramic Tile Flooring
  • Community Pool
  • Security Gate
  • Central Heating and Cooling System

About This Home

As of May 2022

Very nice updated 1/1 bedroom condo in an excellent gated community. This unit is on the top floor with an amazing view to the West from the outside covered balcony.The Breakwaters Community offers a resort size pool, tennis court and clubhouse. Water included in HOA. Close to downtown West Palm Beach, Palm Beach Outlet, and the PB International Airport. Currently rented at $1,200 per month.

Last Agent to Sell the Property

Daniel Andre Magen Alvarado

Partnership Realty Inc. License #3461846 Listed on: 03/08/2022

Partnership Realty Inc.

Co-Listed By

Jessy Bacuylima

United Realty Group Inc. License #3339451

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $1,653

Year Built

  • Built in 1979

Lot Details

  • 9

HOA Fees

  • $418 Monthly HOA Fees

Parking

  • 2 Car Garage

Interior Spaces

  • 750 Sq Ft Home
  • Blinds
  • Combination Dining and Living Room
  • Security Gate

Kitchen

  • Microwave
  • Dishwasher

Flooring

  • Carpet
  • Ceramic Tile

Bedrooms and Bathrooms

  • 1 Bedroom
  • 1 Full Bathroom

Utilities

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

Listing and Financial Details

  • Assessor Parcel Number 74434320020020512

Community Details

Overview

  • Association fees include common areas, cable TV, insurance, maintenance structure, parking, roof, water
  • High-Rise Condominium
  • Breakwaters Of The Palm B Subdivision
  • 5-Story Property

Recreation

  • Tennis Courts
  • Community Pool

Security

  • Gated Community
  • Fire and Smoke Detector

Property Details

Home Type

Condominium

Est. Annual Taxes

$1,653

Year Built

Built in 1979

Lot Details

0

HOA Fees

$418 per month

Parking

2

Listing Details

  • Prop. Type: Residential
  • Property Sub Type: Condominium
  • Property Sub Type Additional: Condominium
  • Directions: I95 West on Okeechobee North on Congress - East on Executive Center Drive - dead end street
  • Year Built: 1979
  • Architectural Style: High Rise
  • Entry Level: 5
  • Unit Levels: Three Or More
  • Year Built Details: Resale
  • Special Features: VirtualTour

Interior Features

  • Interior Amenities: Elevator, Living/Dining Room
  • Furnished: Unfurnished
  • Appliances: Dishwasher, Electric Water Heater, Microwave, Refrigerator
  • Full Bathrooms: 1
  • Total Bedrooms: 1
  • Flooring: Carpet, Ceramic Tile
  • Living Area: 750.0
  • Dining Room Type: Storage Room
  • Stories: 5
  • Window Features: Blinds

Exterior Features

  • Pool Features: None, Association, Community
  • Waterfront: No
  • Disclosures: Owner Is Listing Agent, Pet on Property
  • Construction Type: Block
  • Property Condition: Resale

Garage/Parking

  • Covered Parking Spaces: 2.0
  • Garage Spaces: 2.0
  • Garage Yn: Yes

Utilities

  • Security: Security Gate, Smoke Detector(s)
  • Cooling: Central Air, Electric
  • Cooling Y N: Yes
  • Heating: Central, Electric
  • Heating Yn: Yes
  • Utilities: Cable Available, Electricity Available, Water Available

Condo/Co-op/Association

  • Association Fee: 418.0
  • Community Features: Gated, Pool, Tennis Court(s)
  • Senior Community: No
  • Amenities: Pool, Tennis Court(s)
  • Association Fee Frequency: Monthly

Fee Information

  • Association Fee Includes: Common Areas, Cable TV, Insurance, Maintenance Structure, Parking, Roof, Water

Lot Info

  • Parcel #: 74434320020020512
  • Zoning Description: MF32

Tax Info

  • Tax Year: 2021
  • Tax Annual Amount: 1653.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 8, 2022
Closed on
May 11, 2022
Sold by
Daniel Magen
Bought by
Mubarak Georgette
Seller's Agent
Daniel Andre Magen Alvarado
Partnership Realty Inc.
List Price
$155,000
Sold Price
$155,000
Current Estimated Value
$159,332

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$4,332
Avg. Annual Appreciation
0.59%

Purchase Details

Listed on
May 5, 2019
Closed on
Jul 17, 2019
Sold by
Duckworth Kevin A
Bought by
Magen Daniel
Seller's Agent
Shane powers
Compass Florida LLC
Buyer's Agent
Michael Horan
Atlantic Florida Properties Inc
List Price
$92,000
Sold Price
$81,500
Premium/Discount to List
-$10,500
-11.41%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
25.60%
Original Mortgage
$57,050
Interest Rate
3.82%
Mortgage Type
New Conventional

Purchase Details

Closed on
Sep 10, 2009
Sold by
Fasel Jeremy A
Bought by
Duckworth Kevin A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$72,000
Interest Rate
5.15%
Mortgage Type
Balloon

Purchase Details

Closed on
Jan 24, 2007
Sold by
Lyon Melinda Dees and Dees Melinda
Bought by
Fasel Jeremy A

Purchase Details

Closed on
Mar 20, 1998
Sold by
Vanacore Michelina
Bought by
San Martin David M

Purchase Details

Closed on
Aug 15, 1996
Sold by
Hansen Alyn J
Bought by
Vanacore Michelina

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$22,500
Interest Rate
8.12%
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
Mubarak Georgette $155,000 Partnership Title & Escrow
Magen Daniel $81,500 Trident Title
Duckworth Kevin A $80,000 Attorney
Fasel Jeremy A $82,000 None Available
San Martin David M $24,200 --
Vanacore Michelina $25,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Magen Daniel $57,050
Previous Owner Duckworth Kevin A $72,000
Previous Owner Lyon Paul Landon $33,500
Previous Owner Vanacore Michelina $7,700
Previous Owner Vanacore Michelina $22,500
Closed Vanacore Michelina $0
Closed Vanacore Michelina $2,500
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/13/2022 05/13/22 Sold $155,000 0.0% $207 / Sq Ft
04/13/2022 04/13/22 Pending -- -- --
03/08/2022 03/08/22 For Sale $155,000 0.0% $207 / Sq Ft
12/01/2019 12/01/19 Rented $1,100 -6.4% --
11/01/2019 11/01/19 Under Contract -- -- --
10/25/2019 10/25/19 For Rent $1,175 0.0% --
07/19/2019 07/19/19 Sold $81,500 -11.4% $96 / Sq Ft
06/19/2019 06/19/19 Pending -- -- --
05/05/2019 05/05/19 For Sale $92,000 -- $109 / 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 $2,723 $123,000 -- --
2023 $2,593 $116,000 $0 $116,000
2022 $1,904 $73,700 $0 $0
2021 $1,653 $67,000 $0 $67,000
2020 $1,667 $67,000 $0 $67,000
2019 $198 $24,487 $0 $0
2018 $148 $24,030 $0 $0
2017 $123 $23,536 $0 $0
2016 $122 $23,052 $0 $0
2015 $122 $22,892 $0 $0
2014 $125 $22,710 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • D

    Seller's Agent in 2022

    Daniel Andre Magen Alvarado

    Partnership Realty Inc.

    (561) 725-5045

    1 in this area

    1 Total Sale

    Section Image

  • J

    Seller Co-Listing Agent in 2022

    Jessy Bacuylima

    United Realty Group Inc.

    (561) 204-1754

    1 in this area

    9 Total Sales

    Section Image
  • Shane powers

    Seller's Agent in 2019

    Shane powers

    Compass Florida LLC

    (561) 283-5497

    17 Total Sales

    Section Image
  • Michael Horan

    Seller's Agent in 2019

    Michael Horan

    Atlantic Florida Properties Inc

    (561) 596-8220

    79 Total Sales

    Section Image
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Map

Source: BeachesMLS

MLS Number: R10782285

BeachesMLS

APN: 74-43-43-20-02-002-0512

Florida Palm Beach County West Palm Beach 33401 Banyan Cay

470 Executive Center Dr Unit 512, West Palm Beach, FL

This home is located at 470 Executive Center Dr Unit 512, West Palm Beach, FL 33401 since 08 March 2022 and is currently estimated at $156,381, approximately $208 per square foot. This property was built in 1979. 470 Executive Center Dr Unit 512 is a home located in Palm Beach County with nearby schools including Westward Elementary School, Bear Lakes 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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