NOT LISTED FOR SALE

Breakwaters 500 Executive Center Dr Unit 514 West Palm Beach, FL 33401

Banyan Cay Neighborhood

Estimated Value: $150,548 - $192,000

2 Beds
2 Baths
960 Sq Ft
$493/mo HOA Fee

Last Sold July 09, 2021

Last sale price $127,000 $132 Per Sq Ft

Est. 41% increase in value since last sale

Current estimated payment $1,584/month

47 Days on Market

Highlights

  • Water Views
  • Gated Community
  • Wood Flooring
  • Fitness Center
  • Clubhouse
  • Community Pool

About This Home

As of July 2021

Beautiful 2 bedroom 2 Bathroom corner condo with amazing view of downtown West Palm Beach. Minutes from the Palm Beach Outlets, PBI and a variety of dining options. Updated kitchen! New floors! Large community pool. Storage unit included in association fee.Dog on property We are not liable for any injuries that may occur on property.

Last Agent to Sell the Property

Deanna Simmons

Coldwell Banker Realty License #3442855 Listed on: 04/22/2021

Coldwell Banker Realty

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $772

Year Built

  • Built in 1979

Lot Details

  • 8.73

HOA Fees

  • $493 Monthly HOA Fees

Parking

  • Assigned Parking

Interior Spaces

  • 960 Sq Ft Home
  • Ceiling Fan
  • Security Gate

Kitchen

  • Electric Range
  • Microwave

Flooring

  • Wood
  • Carpet

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 2 Full Bathrooms

Utilities

  • Central Heating

Listing and Financial Details

  • Assessor Parcel Number 74434320020030514

Community Details

Overview

  • Association fees include cable TV, laundry, ground maintenance, maintenance structure, parking, roof, water
  • Breakwaters Of The Palm B Subdivision
  • 5-Story Property

Amenities

  • Clubhouse
  • Laundry Facilities
  • Elevator

Recreation

Security

  • Phone Entry
  • Gated Community

Property Details

Home Type

Condominium

Est. Annual Taxes

$772

Year Built

Built in 1979

Lot Details

0

HOA Fees

$493 per month

Listing Details

  • Prop. Type: Residential
  • Property Sub Type: Condominium
  • Property Sub Type Additional: Condominium
  • Directions: I-95 to Palm Beach Lakes Blvd exit; go East towards Congress Ave; go south and turn onto Congress Ave; Turn left (go east) onto Executive Center Dr; Breakwaters is on the left towards the back
  • Year Built: 1979
  • Year Built Details: Resale
  • Special Features: VirtualTour

Interior Features

  • Furnished: Unfurnished
  • Appliances: Electric Range, Microwave, Refrigerator
  • Full Bathrooms: 2
  • Total Bedrooms: 2
  • Flooring: Carpet, Wood
  • Living Area: 960.0
  • Stories: 5

Exterior Features

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

Garage/Parking

  • Garage Yn: No
  • Parking Features: Assigned

Utilities

  • Laundry Features: Common Area
  • Security: Security Gate, Phone Entry
  • Cooling: Ceiling Fan(s)
  • Heating: Central
  • Heating Yn: Yes
  • Utilities: Electricity Available

Condo/Co-op/Association

  • Association Fee: 493.0
  • Community Features: Clubhouse, Gated, Pool
  • Senior Community: No
  • Amenities: Clubhouse, Fitness Center, Laundry, Pool, Storage, Elevator(s)
  • Association Fee Frequency: Monthly

Fee Information

  • Association Fee Includes: Cable TV, Laundry, Maintenance Grounds, Maintenance Structure, Parking, Roof, Water

Lot Info

  • Parcel #: 74434320020030514
  • Zoning Description: MF32(c

Tax Info

  • Tax Year: 2020
  • Tax Annual Amount: 772.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 22, 2021
Closed on
Jul 7, 2021
Sold by
Tenenbaum Fawn M and Tenenbaum Benjamin J
Bought by
Mubarak Brandon
Seller's Agent
Deanna Simmons
Coldwell Banker Realty
List Price
$135,000
Sold Price
$127,000
Premium/Discount to List
-$8,000
-5.93%
Current Estimated Value
$178,887

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$51,887
Avg. Annual Appreciation
8.41%
Original Mortgage
$95,250
Outstanding Balance
$86,425
Interest Rate
2.9%
Mortgage Type
New Conventional
Estimated Equity
$92,462

Purchase Details

Listed on
Nov 20, 2018
Closed on
Aug 7, 2019
Sold by
Gatta Margarita A
Bought by
Tenenbaum Fawn M and Tenenbaum Benjamin J
Seller's Agent
Anthony Difiglia
The Keyes Company - Jensen Beach
List Price
$114,900
Sold Price
$119,500
Premium/Discount to List
$4,600
4%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
3.22%
Original Mortgage
$60,000
Interest Rate
3.73%
Mortgage Type
New Conventional

Purchase Details

Closed on
May 19, 2004
Sold by
Greenberg Beverly
Bought by
Gatta Margarita A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$77,600
Interest Rate
5.77%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Oct 21, 2003
Sold by
Northern Trust Bank Of Florida Na
Bought by
Greenberg Beverly

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$50,936
Interest Rate
6.16%
Mortgage Type
Purchase Money Mortgage
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 Brandon $127,000 Attorney
Tenenbaum Fawn M $119,500 First American Title Ins Co
Gatta Margarita A $97,000 --
Greenberg Beverly $63,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Mubarak Brandon $95,250
Previous Owner Tenenbaum Fawn M $60,000
Previous Owner Gatta Margarita A $77,600
Previous Owner Greenberg Beverly $50,936
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/09/2021 07/09/21 Sold $127,000 -5.9% $132 / Sq Ft
06/09/2021 06/09/21 Pending -- -- --
04/22/2021 04/22/21 For Sale $135,000 +13.0% $141 / Sq Ft
08/07/2019 08/07/19 Sold $119,500 +4.0% $124 / Sq Ft
07/08/2019 07/08/19 Pending -- -- --
11/18/2018 11/18/18 For Sale $114,900 -- $120 / 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 $1,705 $115,532 -- --
2023 $1,645 $112,167 $0 $0
2022 $1,605 $108,900 $0 $0
2021 $772 $54,756 $0 $0
2020 $772 $54,000 $0 $0
2019 $384 $33,392 $0 $0
2018 $316 $32,769 $0 $0
2017 $279 $32,095 $0 $0
2016 $266 $31,435 $0 $0
2015 $265 $31,216 $0 $0
2014 $264 $30,968 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • D

    Seller's Agent in 2021

    Deanna Simmons

    Coldwell Banker Realty

    (561) 856-0750

    1 in this area

    5 Total Sales

    Deanna Simmons
    Section Image

  • A

    Seller's Agent in 2019

    Anthony Difiglia

    The Keyes Company - Jensen Beach

    Section Image
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About Breakwaters

Map

Source: BeachesMLS

MLS Number: R10710243

BeachesMLS

APN: 74-43-43-20-02-003-0514

Florida Palm Beach County West Palm Beach 33401 Banyan Cay

500 Executive Center Dr Unit 514, West Palm Beach, FL

This home is located at 500 Executive Center Dr Unit 514, West Palm Beach, FL 33401 since 22 April 2021 and is currently estimated at $178,887, approximately $186 per square foot. This property was built in 1979. 500 Executive Center Dr Unit 514 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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