$832,032 - $1,281,000
RENTED JAN 11, 2025

5822 Banana Rd West Palm Beach, FL 33413

Royal Palm Estates Neighborhood
2 Beds
1 Bath
100 Sq Ft
$10,530 Price per Sq Ft

About This Home

As of January 2025

Easy Showings & Fast Approval, renovated 2-bedroom apartment in West Palm Beach! granite countertops, laundry room in-unit washer and dryer, backyard patio. Enjoy the spacious courtyard, and assigned parking space. Just 5 minutes from Palm Beach International Airport, with easy access to the beach, Okeeheelee Park, golf course, schools
Key Features
First-floor unit
In-unit washer and dryer
Wall/window AC units
Assigned parking space
Utilities
$69 month flat fee for water, sewer, and trash
Tenant responsible for electricity, cable, and internet
Lease Terms
Annual lease
Move-In Costs
First month's rent
Security deposit: 1x rent (based on qualifications) + $99 admin fee
Renter's insurance required
Up to 2 small pets (under 20 lbs each) or 1 large pet allowed; pet fees may apply

Last Agent to Rent the Property

Alex Penaranda

Mayfair Real Estate LLC License #3559841 Listed on: 12/16/2024

Last Renter's Agent

Chris Kennedy

Mayfair Real Estate LLC License #3256715

Property Details

Home Type

  • Apartment

Est. Annual Taxes

  • $13,257

Year Built

  • Built in 1971

Lot Details

  • 0.4 Acre Lot
  • North Facing Home

Home Design

  • 100 Sq Ft Home

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 1 Full Bathroom

Listing and Financial Details

  • Property Available on 12/16/24
  • Renewal Option
  • Assessor Parcel Number 00424335120190031

Community Details

Overview

  • Royal Palm Estates Subdivision

Pet Policy

  • Pets Allowed

Property Details

Home Type

Apartment

Est. Annual Taxes

$13,257

Year Built

Built in 1971

Lot Details

0

Rental Info

  • Available Date: 2024-12-16

Listing Details

  • Prop. Type: Residential Lease
  • Property Sub Type: Apartment
  • Property Sub Type Additional: Apartment
  • Year Built: 1971
  • Lease Renewal Option: Yes
  • Special Features: VirtualTour

Interior Features

  • Furnished: Unfurnished
  • Full Bathrooms: 1
  • Total Bedrooms: 2
  • Living Area: 100.0

Exterior Features

  • Pool Features: None
  • Waterfront: No
  • Disclosures: Owner Is Listing Agent
  • Direction Faces: North

Garage/Parking

  • Garage Yn: No

Condo/Co-op/Association

  • Community Features: Non-Gated
  • Senior Community: No
  • Pets Allowed: Breed Restrictions, Yes

Lot Info

  • Parcel #: 00424335120190031
  • Land Lease Amount Frequency: Monthly
  • Lot Size Sq Ft: 17500.0
  • Zoning Description: RM
  • ResoLotSizeUnits: SquareFeet

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Mar 29, 2023
Sold by
Litteken Frank S
Bought by
Bhadriraju Krishna Srirama and Medepalli Kantha
Current Estimated Value
$1,053,008

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$682,400
Outstanding Balance
$663,085
Interest Rate
6.5%
Mortgage Type
New Conventional
Estimated Equity
$389,923

Purchase Details

Closed on
Nov 30, 2017
Sold by
Palm Banana Llc
Bought by
Litteken Frank S

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$228,750
Interest Rate
3.88%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jun 21, 2012
Sold by
Banana Road Llc
Bought by
Palm Banana Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$200,000
Interest Rate
3.86%
Mortgage Type
Seller Take Back

Purchase Details

Closed on
Jun 1, 2010
Sold by
Lch Associates Llc
Bought by
Banana Road Llc

Purchase Details

Closed on
May 11, 2010
Sold by
Alcenat Saurel and Alcenat Carmelite
Bought by
Lch Associates Llc

Purchase Details

Closed on
Jun 10, 2003
Sold by
Earnhart Esq Craig D and Golden Goose Properties Inc
Bought by
Alcenat Saurel

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$270,000
Interest Rate
5.68%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jan 22, 2003
Sold by
Bond Patricia R
Bought by
Earnhart Esq Craig D and Golden Goose Properties Inc

Purchase Details

Closed on
Oct 1, 1993
Sold by
Mcdowell Michael
Bought by
Bond Patricia Rose

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$138,589
Interest Rate
7.14%
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 Buyer Sale Price Title Company
Bhadriraju Krishna Srirama $856,500 Harbour Land Title
Litteken Frank S $305,000 Attorney
Palm Banana Llc $255,000 Attorney
Banana Road Llc $155,000 Attorney
Lch Associates Llc $109,200 None Available
Alcenat Saurel $300,000 --
Earnhart Esq Craig D $190,000 --
Bond Patricia Rose $140,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Bhadriraju Krishna Srirama $682,400
Previous Owner Litteken Frank S $228,750
Previous Owner Palm Banana Llc $200,000
Previous Owner Alcenat Saurel $270,000
Previous Owner Bond Patricia Rose $138,589
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
01/11/2025 01/11/25 Rented $2,199 0.0% --
12/23/2024 12/23/24 Under Contract -- -- --
12/16/2024 12/16/24 For Rent $2,199 +131.5% --
03/09/2015 03/09/15 For Rent $950 0.0% --
03/09/2015 03/09/15 Rented $950 -- --
Source: BeachesMLS (Greater Fort Lauderdale)

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 $13,257 $712,706 -- --
2023 $11,155 $558,758 $258,000 $361,878
2022 $10,733 $507,962 $0 $0
2021 $9,462 $461,784 $176,000 $285,784
2020 $9,837 $457,689 $176,000 $281,689
2019 $9,232 $417,876 $176,000 $241,876
2018 $8,114 $361,757 $155,925 $205,832
2017 $6,253 $309,782 $103,950 $205,832
2016 $5,790 $205,818 $0 $0
2015 $5,488 $187,107 $0 $0
2014 $5,229 $170,097 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • A

    Landlord's Agent in 2025

    Alex Penaranda

    Mayfair Real Estate LLC

    (954) 591-1374

    Alex Penaranda
    Section Image
  • Chris Kennedy

    Tenant's Agent in 2025

    Chris Kennedy

    Mayfair Real Estate LLC

    (954) 260-2923

    18 Total Sales

    Chris Kennedy
    Section Image

  • C

    Seller's Agent in 2015

    Cindy Bray

    William Raveis Real Estate

    (561) 655-6570

    1 in this area

    70 Total Sales

    Cindy Bray
    Section Image
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Map

Source: BeachesMLS (Greater Fort Lauderdale)

MLS Number: F10476405

BeachesMLS (Greater Fort Lauderdale)

APN: 00-42-43-35-12-019-0031

Florida Palm Beach County West Palm Beach 33413 Royal Palm Estates

5822 Banana Rd, West Palm Beach, FL

This home is located at 5822 Banana Rd, West Palm Beach, FL 33413 since 16 December 2024 and is currently priced at $1,053,008. This property was built in 1971. 5822 Banana Rd is a home located in Palm Beach County with nearby schools including Benoist Farms Elementary School, Jeaga Middle School, and Royal Palm Beach 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 (Greater Fort Lauderdale) All listings featuring the BMLS logo are provided by Beaches MLS, Inc. This information is not verified for authenticity or accuracy and is not guaranteed. Copyright 2025 Beaches Multiple Listing Service, Inc. Information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.

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