$90,000
SOLD APR 12, 2019

Breakwaters 500 Executive Center Dr Unit 55 West Palm Beach, FL 33401

Banyan Cay Neighborhood
2 Beds
2 Baths
1,133 Sq Ft
$513/mo HOA Fee

Recently Sold

$79 Per Sq Ft

8% Below List Price

31 Days on Market

Highlights

  • Fitness Center
  • Community Pool
  • Walk-In Closet
  • Clubhouse
  • Tennis Courts
  • Park

About This Home

As of April 2023

LOW PRICE!! BIGGEST UNIT IN COMPLEX!! TENANT OCCUPIED TILL MAY 6TH, BUT DEPENDING ON EITHER INVESTOR OR PRIMARY MAY BE ABLE TO NEGOTIATE WITH TENANT.LOOKING FOR A GATED COMMUNITY WITH EXCELLENT LOCATION, CHECK OUT BREAKWATERS OF THE PALM BEACHES. YOUR UNIT FEATURES A NEW AC, SPACIOUS ROOMS, TILE THROUGH OUT, NEW PAINT PRIOR TO TENANT. KITCHEN LARGE ENOUGH FOR SMALL TABLE AND CHAIRS, LOTS OF CLOSETS THROUGH OUT.AND MORE.... LAUNDRY ON YOUR FLOOR 2 DOORS DOWN. SEPARATE SMALL STORAGE AREA, AND TRASH CHUTE. ENJOY ALL THE AMENITIES WHICH IS MANY, WASH YOUR CAR, BARBECUE AREA WITH PICNIC TABLE, GREAT CLUBHOUSE WITH LOTS TO DO INSIDE. BREAKWATERS IS GATED, HAS EXTRA SECURITY MEASURES IN THE COMMUNITY. CALL BETTY TO VIEW OR WITH ANY QUESTIONS.

Last Agent to Sell the Property

Elizabeth Wickersham

The Rental Authority Corp. License #3091160 Listed on: 02/09/2019

Last Buyer's Agent

Aristides 'Arty' Guerra

Inactive Member License #667562

Inactive Member

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $1,541

Year Built

  • Built in 1979

HOA Fees

  • $513 Monthly HOA Fees

Home Design

  • Entry on the 5th floor

Interior Spaces

  • 1,133 Sq Ft Home
  • Ceramic Tile Flooring

Kitchen

  • Electric Range
  • Dishwasher

Bedrooms and Bathrooms

  • 2 Bedrooms
  • Walk-In Closet
  • 2 Full Bathrooms

Utilities

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

Listing and Financial Details

  • Assessor Parcel Number 74434320020030055

Community Details

Overview

  • 264 Units
  • Breakwaters Of The Palm B Subdivision
  • 5-Story Property

Amenities

  • Clubhouse
  • Billiard Room
  • Community Library
  • Laundry Facilities

Recreation

  • Park

Security

  • Resident Manager or Management On Site

Property Details

Home Type

Condominium

Est. Annual Taxes

$1,541

Year Built

Built in 1979

Lot Details

0

HOA Fees

$513 per month

Listing Details

  • Prop. Type: Residential
  • Property Sub Type: Condominium
  • Property Sub Type Additional: Condominium
  • Directions: CONGRESS AVE BETWEEN OKEECHOBEE BLVD & PALOM BEACH LAKES IS EXECUTIVE CENTER DR. HEAD EAST TILL YOU COME TO BREAKWATERS ON THE LEFT SIDE.
  • Year Built: 1979
  • Entry Level: 5
  • Year Built Details: Resale
  • Special Features: None

Interior Features

  • Interior Amenities: Walk-In Closet(s)
  • Furnished: Unfurnished
  • Appliances: Dishwasher, Electric Range, Electric Water Heater, Refrigerator
  • Full Bathrooms: 2
  • Total Bedrooms: 2
  • Flooring: Ceramic Tile
  • Living Area: 1133.0
  • Dining Room Type: Storage Room
  • Stories: 5

Exterior Features

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

Garage/Parking

  • Garage Yn: No

Utilities

  • Laundry Features: Common Area
  • Cooling: Central Air, Electric
  • Cooling Y N: Yes
  • Heating: Central, Electric
  • Heating Yn: Yes
  • Sewer: Public Sewer
  • Utilities: Cable Available, Electricity Available, Sewer Available, Water Available
  • Water Source: Public

Condo/Co-op/Association

  • Association Fee: 513.0
  • Community Features: Clubhouse, Park, Property Manager On-Site, Pool, Tennis Court(s)
  • Senior Community: No
  • Amenities: Billiard Room, Clubhouse, Fitness Center, Laundry, Library, Management, Pool, Tennis Court(s), Trash
  • Association Fee Frequency: Monthly

Lot Info

  • Parcel #: 74434320020030055
  • Zoning Description: CONDO
  • ResoLotSizeUnits: SquareFeet

Tax Info

  • Tax Year: 2018
  • Tax Annual Amount: 1541.0

Multi Family

  • Number Of Units In Community: 264

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Aug 21, 2024
Sold by
Fossa Claudio
Bought by
Almatiz Llc

Purchase Details

Listed on
Mar 16, 2023
Closed on
Apr 10, 2023
Sold by
Camacho Elba Caridad Nunez
Bought by
Fossa Claudio
Seller's Agent
Ileana Gomez
Keller Williams Realty - Welli
Buyer's Agent
Javier Ingar
Gilvan Realty Corp.
List Price
$150,000
Sold Price
$150,000
Views
2

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
9.02%

Purchase Details

Listed on
Feb 9, 2019
Closed on
Apr 12, 2019
Sold by
Shacketon Brunir
Bought by
Camacho Elba Caridad Nunez and Nunez Raul M Moure
Seller's Agent
Elizabeth Wickersham
The Rental Authority Corp.
Buyer's Agent
Aristides 'Arty' Guerra
Inactive Member
List Price
$97,900
Sold Price
$90,000
Premium/Discount to List
-$7,900
-8.07%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
13.62%

Purchase Details

Closed on
Oct 4, 2008
Sold by
Bartug Ergel Fahrettin and Ozcan Cem
Bought by
Us Bank National Association

Purchase Details

Closed on
May 19, 2008
Sold by
Us Bank National Association
Bought by
Shackleton Brunir

Purchase Details

Closed on
Apr 13, 2006
Sold by
Bartug Ergel Fahrettin
Bought by
Ergel Fahrettin Bartug

Purchase Details

Closed on
Feb 1, 2006
Sold by
Barbagiovanni Vincenzo
Bought by
Ergel Fahrettin Bartug

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$147,600
Interest Rate
9.12%
Mortgage Type
Fannie Mae Freddie Mac

Purchase Details

Closed on
Nov 10, 2003
Sold by
Key Herbert and Key Minnie
Bought by
Barbagiovanni Vincenzo

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$53,200
Interest Rate
5.93%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

Range of Values:

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Average Value
Not Available
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
Quit Claim Deed -- None Listed On Document
Warranty Deed $150,000 Cla Title & Escrow
Warranty Deed $90,000 First International Ttl Inc
Deed In Lieu Of Foreclosure $147,600 Attorney
Special Warranty Deed $39,000 Watson Title Ins Agency Inc
Interfamily Deed Transfer -- None Available
Warranty Deed $164,000 Sunbelt Title Agency
Warranty Deed $76,000 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Previous Owner $147,600 Fannie Mae Freddie Mac
Previous Owner $53,200 Purchase Money Mortgage
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/20/2025 08/20/25 Price Changed $180,000 -2.7% $159 / Sq Ft
07/12/2025 07/12/25 Price Changed $185,000 -5.1% $163 / Sq Ft
04/24/2025 04/24/25 For Sale $195,000 +30.0% $172 / Sq Ft
04/11/2023 04/11/23 Sold $150,000 0.0% $132 / Sq Ft
03/18/2023 03/18/23 Pending -- -- --
03/16/2023 03/16/23 For Sale $150,000 0.0% $132 / Sq Ft
09/17/2019 09/17/19 Rented $1,000 -16.7% --
08/18/2019 08/18/19 Under Contract -- -- --
06/07/2019 06/07/19 For Rent $1,200 0.0% --
04/12/2019 04/12/19 Sold $90,000 -8.1% $79 / Sq Ft
03/13/2019 03/13/19 Pending -- -- --
02/09/2019 02/09/19 For Sale $97,900 0.0% $86 / Sq Ft
11/17/2013 11/17/13 For Rent $750 0.0% --
11/17/2013 11/17/13 Rented $750 -- --
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 $3,234 $148,000 -- --
2023 $2,588 $102,850 $0 $0
2022 $2,307 $93,500 $0 $0
2021 $2,044 $85,000 $0 $85,000
2020 $2,062 $85,000 $0 $85,000
2019 $1,772 $85,000 $0 $85,000
2018 $1,541 $78,000 $0 $78,000
2017 $1,376 $66,000 $0 $0
2016 $1,330 $48,315 $0 $0
2015 $1,263 $43,923 $0 $0
2014 $1,138 $39,930 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • J

    Seller's Agent in 2025

    Javier Ingar

    Gilvan Realty Corp.

    (561) 932-7368

    3 in this area

    6 Total Sales

    Javier Ingar
    Section Image
  • Ileana Gomez

    Seller's Agent in 2023

    Ileana Gomez

    Keller Williams Realty - Welli

    (561) 234-0253

    1 in this area

    32 Total Sales

    Ileana Gomez
    Section Image

  • E

    Seller's Agent in 2019

    Elizabeth Wickersham

    The Rental Authority Corp.

    (561) 255-2550

    23 in this area

    49 Total Sales

    Elizabeth Wickersham
    Section Image

  • A

    Seller's Agent in 2019

    Aristides 'Arty' Guerra

    Inactive Member

    Section Image

  • G

    Buyer's Agent in 2019

    Gunjan Patel

    Coldwell Banker Realty

    (561) 355-0270

    9 Total Sales

    Gunjan Patel
    Section Image

  • L

    Seller's Agent in 2013

    Louis Vildor

    Inactive Member

    Section Image
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About Breakwaters

Map

Source: BeachesMLS

MLS Number: R10503491

BeachesMLS

APN: 74-43-43-20-02-003-0055

Florida Palm Beach County West Palm Beach 33401 Banyan Cay

500 Executive Center Dr Unit 55, West Palm Beach, FL

This home is located at 500 Executive Center Dr Unit 55, West Palm Beach, FL 33401 and is currently priced at $90,000, approximately $79 per square foot. This property was built in 1979. 500 Executive Center Dr Unit 55 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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