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
Highlights
- Lake Front
- Clubhouse
- Tennis Courts
- Gated Community
- Community Pool
- Elevator
About This Home
As of March 2025Enjoy 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
Compass Florida LLC License #3522013 Listed on: 02/26/2025
Property Details
Home Type
- Condominium
Est. Annual Taxes
- $1,694
Year Built
- Built in 1979
Lot Details
HOA Fees
- $527 Monthly HOA Fees
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
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%
Total Days on Market
23
Views
8
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.70%
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%
Similar Homes in West Palm Beach, FL
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
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
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
-
Michelle Fetes
M
Seller's Agent in 2025
Michelle Fetes
Compass Florida LLC
(561) 251-1823
1 in this area
12 Total Sales
-
James Lopez
Seller Co-Listing Agent in 2025
James Lopez
Compass Florida LLC
(561) 455-4140
1 in this area
184 Total Sales
-
Brooke Mooney
B
Buyer Co-Listing Agent in 2025
Brooke Mooney
Compass Florida LLC
(561) 633-9408
1 in this area
2 Total Sales
-
Aira Ilao
A
Seller's Agent in 2022
Aira Ilao
LISTWITHFREEDOM.COM
(855) 456-4945
1 in this area
621 Total Sales
-
Haydee Levitt
Buyer's Agent in 2022
Haydee Levitt
Sotheby's Intl. Realty, Inc.
(561) 818-9341
2 in this area
53 Total Sales
About Breakwaters
Map
Source: BeachesMLS
MLS Number: R11065954
APN: 74-43-43-20-02-001-0012
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