$123,500
SOLD MAR 21, 2025

Breakwaters 480 Executive Center Dr Unit 12 West Palm Beach, FL 33401

Banyan Cay Neighborhood
1 Bed
1 Bath
704 Sq Ft
$527/mo HOA Fee

Recently Sold

$175 Per Sq Ft

3% Below List Price

23 Days on Market

Highlights

  • Lake Front
  • Clubhouse
  • Tennis Courts
  • Gated Community
  • Community Pool
  • Elevator

About This Home

As of March 2025

Enjoy beautiful lake views from this spacious 1-bedroom, 1-bath condo on the first floor of a gated community in West Palm Beach. The unit features a renovated kitchen with stainless steel appliances, granite countertops, and elegant wood cabinetry. The remodeled bathroom and excellent lighting add to the charm. The balcony is perfect for enjoying stunning sunrises and sunsets. Resort-style amenities that are currently being renovated include a community pool, billiards, tennis courts, a clubhouse with a kitchen, and a car wash area. Conveniently located near Palm Beach City Place, Palm Beach Outlets, and downtown Palm Beach, you'll have access to great cultural, shopping, and entertainment options, as well as vibrant nightlife, the airport, and a variety of restaurants.

Last Agent to Sell the Property

Michelle Fetes

Compass Florida LLC License #3522013 Listed on: 02/26/2025

Compass Florida LLC

Co-Listed By

James Lopez

Compass Florida LLC License #3386064

Last Buyer's Agent

Michelle Fetes

Compass Florida LLC License #3522013 Listed on: 02/26/2025

Compass Florida LLC

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $1,694

Year Built

  • Built in 1979

Lot Details

HOA Fees

  • $527 Monthly HOA Fees

Home Design

  • Entry on the 1st floor

Interior Spaces

  • 704 Sq Ft Home
  • 1-Story Property
  • Blinds
  • Tile Flooring
  • Security Gate

Kitchen

  • Electric Range
  • Microwave
  • Dishwasher

Bedrooms and Bathrooms

  • 1 Bedroom
  • Walk-In Closet
  • 1 Full Bathroom

Parking

  • Guest Parking
  • Assigned Parking

Outdoor Features

  • Open Patio

Schools

  • Westward Elementary School
  • Bear Lakes Middle School
  • Palm Beach Lakes High School

Utilities

  • Central Heating and Cooling System
  • Electric Water Heater

Listing and Financial Details

  • Assessor Parcel Number 74434320020010012
  • Seller Considering Concessions

Community Details

Overview

  • Association fees include common areas, cable TV, insurance, laundry, ground maintenance, maintenance structure, pool(s), recreation facilities, reserve fund, roof, sewer, security, trash, water
  • Breakwaters Of The Palm B Subdivision

Amenities

  • Clubhouse
  • Laundry Facilities
  • Elevator

Recreation

  • Trails

Security

  • Phone Entry
  • Gated Community

Property Details

Home Type

Condominium

Est. Annual Taxes

$1,694

Year Built

Built in 1979

Lot Details

0

HOA Fees

$527 per month

Listing Details

  • Prop. Type: Residential
  • Property Sub Type: Condominium
  • Property Sub Type Additional: Condominium
  • Directions: I95 to Palm Beach Lakes Blvd turn South on W. Executive Center Drive. Community will be on your left hand side.
  • Year Built: 1979
  • Entry Level: 1
  • Year Built Details: Resale
  • Special Features: VirtualTour

Interior Features

  • Interior Amenities: Tub Shower, Walk-In Closet(s)
  • Furnished: Unfurnished
  • Appliances: Dishwasher, Electric Range, Electric Water Heater, Microwave, Refrigerator
  • Full Bathrooms: 1
  • Total Bedrooms: 1
  • Flooring: Tile
  • Living Area: 704.0
  • Dining Room Type: Storage Room
  • Stories: 1
  • Window Features: Blinds, Drapes

Exterior Features

  • Exterior Features: Balcony
  • View: Lake
  • Pool Features: None, Association, Community
  • View: Yes
  • Waterfront Features: Lake Front
  • Waterfront: Yes
  • Disclosures: Pet on Property
  • Construction Type: Block
  • Patio And Porch Features: Balcony, Open
  • Property Condition: Resale

Garage/Parking

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

Utilities

  • Laundry Features: Common Area
  • Security: Security Gate, Phone Entry
  • 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: 527.0
  • Community Features: Gated, Pool, Street Lights, Sidewalks, Tennis Court(s)
  • Senior Community: No
  • Amenities: Clubhouse, Laundry, Pool, Storage, Tennis Court(s), Trail(s), Elevator(s)
  • Association Fee Frequency: Monthly
  • Association: Yes

Fee Information

  • Association Fee Includes: Common Areas, Cable TV, Insurance, Laundry, Maintenance Grounds, Maintenance Structure, Pool(s), Recreation Facilities, Reserve Fund, Roof, Sewer, Security, Trash, Water

Schools

  • Elementary School: Westward
  • High School: Palm Beach Lakes
  • Middle Or Junior School: Bear Lakes

Lot Info

  • Parcel #: 74434320020010012
  • Zoning Description: MF32(c

Tax Info

  • Tax Year: 2024
  • Tax Annual Amount: 1694.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 26, 2025
Closed on
Mar 20, 2025
Sold by
Jones Margaret E and Trust No 480
Bought by
Nain Anil
Seller's Agent
Michelle Fetes
Compass Florida LLC
Buyer's Agent
Michelle Fetes
Compass Florida LLC
List Price
$127,000
Sold Price
$123,500
Premium/Discount to List
-$3,500
-2.76%
Views
8
Current Estimated Value
$131,267

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$7,767
Avg. Annual Appreciation
3.29%

Purchase Details

Listed on
Jun 23, 2022
Closed on
Dec 6, 2022
Sold by
Bunning Carl E
Bought by
Trust No 480
Seller's Agent
Aira Ilao
LISTWITHFREEDOM.COM
Buyer's Agent
Haydee Levitt
Sotheby's Intl. Realty, Inc.
List Price
$154,900
Sold Price
$150,000
Premium/Discount to List
-$4,900
-3.16%
Views
3

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
-8.14%

Purchase Details

Closed on
Jun 16, 2001
Sold by
Carol Rogers I
Bought by
Bunning Earl

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$40,100
Interest Rate
7.11%
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 Type Sale Price Title Company
Warranty Deed $123,500 Impact Title
Warranty Deed $123,500 Impact Title
Warranty Deed $150,000 Professional Title
Personal Reps Deed -- Professional Title
Warranty Deed $41,200 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Previous Owner $40,100 No Value Available
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/21/2025 03/21/25 Sold $123,500 -2.8% $175 / Sq Ft
02/26/2025 02/26/25 For Sale $127,000 -15.3% $180 / Sq Ft
12/06/2022 12/06/22 Sold $150,000 -3.2% $213 / Sq Ft
11/08/2022 11/08/22 Pending -- -- --
10/14/2022 10/14/22 For Sale $154,900 +3.3% $220 / Sq Ft
09/08/2022 09/08/22 Pending -- -- --
06/23/2022 06/23/22 For Sale $149,999 -- $213 / 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 $1,694 $115,000 -- --
2023 $2,510 $112,000 $0 $112,000
2022 $2,148 $92,400 $0 $0
2021 $196 $21,936 $0 $0
2020 $195 $21,633 $0 $0
2019 $198 $21,147 $0 $0
2018 $148 $20,753 $0 $0
2017 $123 $20,326 $0 $0
2016 $122 $19,908 $0 $0
2015 $122 $19,770 $0 $0
2014 $125 $19,613 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • M

    Seller's Agent in 2025

    Michelle Fetes

    Compass Florida LLC

    (561) 251-1823

    1 in this area

    12 Total Sales

    Michelle Fetes
    Section Image
  • James Lopez

    Seller Co-Listing Agent in 2025

    James Lopez

    Compass Florida LLC

    (561) 455-4140

    1 in this area

    179 Total Sales

    James Lopez
    Section Image

  • B

    Buyer Co-Listing Agent in 2025

    Brooke Mooney

    Compass Florida LLC

    (561) 633-9408

    1 in this area

    2 Total Sales

    Brooke Mooney
    Section Image

  • A

    Seller's Agent in 2022

    Aira Ilao

    LISTWITHFREEDOM.COM

    (855) 456-4945

    1 in this area

    608 Total Sales

    Aira Ilao
    Section Image
  • Haydee Levitt

    Buyer's Agent in 2022

    Haydee Levitt

    Sotheby's Intl. Realty, Inc.

    (561) 818-9341

    2 in this area

    54 Total Sales

    Haydee Levitt
    Section Image
See All Agents

About Breakwaters

Map

Source: BeachesMLS

MLS Number: R11065954

BeachesMLS

APN: 74-43-43-20-02-001-0012

Florida Palm Beach County West Palm Beach 33401 Banyan Cay

480 Executive Center Dr Unit 12, West Palm Beach, FL

This home is located at 480 Executive Center Dr Unit 12, West Palm Beach, FL 33401 and is currently priced at $123,500, approximately $175 per square foot. This property was built in 1979. 480 Executive Center Dr Unit 12 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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