NOT LISTED FOR SALE

616 Executive Center Dr Unit 101 West Palm Beach, FL 33401

Banyan Cay Neighborhood

Estimated Value: $226,000 - $266,000

2 Beds
2 Baths
800 Sq Ft
1 Acres

Last Sold April 21, 2017

Last sale price $120,000 $150 Per Sq Ft

Est. 105% increase in value since last sale

Current estimated payment $1,614/month

Highlights

  • Fitness Center
  • Gated Community
  • Roman Tub
  • Spa
  • Clubhouse
  • Garden View

About This Home

As of May 2024

Rare find in South Florida. A condo with a private fenced patio, surrounded by luscious gardens. Beautiful 2/2, corner end unit, close to the highway, shopping, the beach and all the fun in downtown West Palm Beach. Rent includes water and basic cable and internet. Price is for the unfurnished unit. Furniture in the pictures can be negotiable.

Last Agent to Rent the Property

Jose Nevarez

LoKation License #3063886 Listed on: 03/30/2024

LoKation

Last Renter's Agent

Jose Nevarez

LoKation License #3063886 Listed on: 03/30/2024

LoKation

Condo Details

Home Type

  • Condominium

Est. Annual Taxes

  • $3,345

Year Built

  • Built in 1992

Lot Details

  • Northwest Facing Home

Parking

  • 1 Car Garage
  • Guest Parking
  • Assigned Parking

Interior Spaces

  • 800 Sq Ft Home
  • Furnished
  • Laminate Flooring
  • Garden Views

Kitchen

  • Electric Range
  • Microwave
  • Ice Maker
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 2 Full Bathrooms
  • Roman Tub

Laundry

  • Dryer
  • Washer

Outdoor Features

  • Spa
  • Patio

Utilities

  • Central Heating
  • Electric Water Heater

Listing and Financial Details

  • Property Available on 5/15/24
  • Rent includes association dues, gardener, pool, sewer, trash collection, cable TV, water
  • 12 Month Lease Term
  • Renewal Option
  • Assessor Parcel Number 74434320056161010

Community Details

Overview

  • Lake Place Condo Subdivision

Amenities

  • Clubhouse
  • Billiard Room

Recreation

  • Fitness Center
  • Community Pool
  • Community Spa
  • Tennis Courts

Pet Policy

  • Pets Allowed
  • Pet Size Limit

Security

  • Card or Code Access
  • Gated Community

Condo Details

Home Type

Condominium

Est. Annual Taxes

$3,345

Year Built

Built in 1992

Lot Details

0

Parking

1

Rental Info

  • Lease Term: 12 Months
  • Available Date: 2024-05-15

Listing Details

  • Prop. Type: Residential Lease
  • Property Sub Type: Condominium
  • Property Sub Type Additional: Condominium
  • Directions: From I-95 take the Palm Beach Lakes exit going east. Make a right on the first light on West Executive Center Dr. Continue on West Executive Center Dr. The building will be to the left, right before the run about at the end of W. Executive Center Dr.
  • Year Built: 1992
  • Lease Renewal Option: Yes
  • Architectural Style: Garden Apartment
  • Special Features: VirtualTour

Interior Features

  • Interior Amenities: Garden Tub/Roman Tub, First Floor Entry
  • Private Spa: Yes
  • Furnished: Furnished
  • Appliances: Dryer, Dishwasher, Electric Range, Electric Water Heater, Disposal, Ice Maker, Microwave, Refrigerator, Washer
  • Full Bathrooms: 2
  • Total Bedrooms: 2
  • Flooring: Laminate
  • Living Area: 800.0

Exterior Features

  • Exterior Features: Patio, Tennis Court(s)
  • View: Garden
  • Pool Features: In Ground, Pool, Community
  • Waterfront: No
  • Direction Faces: Northwest
  • Patio And Porch Features: Patio

Garage/Parking

  • Covered Parking Spaces: 1.0
  • Garage Spaces: 1.0
  • Garage Yn: Yes
  • Parking Features: Assigned, Guest

Utilities

  • Security: Complex Fenced, Key Card Entry
  • Heating: Central
  • Heating Yn: Yes
  • Sewer: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • HOA Rent Includes: Association Dues, Gardener, Pool, Sewer, Trash Collection, Cable TV, Water
  • Community Features: Gated, Pool
  • Senior Community: No
  • Amenities: Billiard Room, Clubhouse, Fitness Center, Hobby Room, Maintenance, Pool, Spa/Hot Tub
  • Pets Allowed: Size Limit, Yes

Lot Info

  • Parcel #: 74434320056161010
  • Land Lease Amount Frequency: Monthly

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 3, 2017
Closed on
Apr 18, 2017
Sold by
Lapointe Robert
Bought by
Lopez Bernie
Seller's Agent
Timothy Lambert
LAER Realty Partners Bowen/Wellington
Buyer's Agent
Anita Lowe
Keller Williams Realty Boca Raton
List Price
$129,900
Sold Price
$120,000
Premium/Discount to List
-$9,900
-7.62%
Current Estimated Value
$245,447

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$125,447
Avg. Annual Appreciation
8.94%
Original Mortgage
$96,000
Outstanding Balance
$80,264
Interest Rate
4.21%
Mortgage Type
New Conventional
Estimated Equity
$165,183

Purchase Details

Closed on
Feb 1, 2014
Sold by
Tuernal Vatran Marie Jose and Villette Virginia
Bought by
Lapointe Robert

Purchase Details

Closed on
Sep 18, 2009
Sold by
Quinn Laura Ann
Bought by
Tuernal Vatran Marie Jose

Purchase Details

Closed on
Dec 4, 2003
Sold by
Tomasovic Louis and Tomasovic Janet
Bought by
Quinn Laura Ann

Purchase Details

Closed on
Aug 5, 2002
Sold by
Nadeau Richard
Bought by
Stefaniu Marian Marc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$57,600
Interest Rate
5.62%

Purchase Details

Closed on
Jun 25, 2002
Sold by
Tomasovic Estelle S
Bought by
Tomasovic Louis

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$57,600
Interest Rate
5.62%

Purchase Details

Closed on
May 3, 1994
Sold by
Lake Place Condo Assoc
Bought by
Lazarovic Jacob

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$44,000
Interest Rate
8.46%
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
Lopez Bernie $120,000 Patch Reef Title Co Inc
Lapointe Robert $107,000 Automated Land Title Co
Tuernal Vatran Marie Jose $105,000 Automated Land Title Co
Quinn Laura Ann $78,500 --
Stefaniu Marian Marc $72,000 Automated Land Title Co
Tomasovic Louis $62,000 Gardens Title Inc
Lazarovic Jacob $63,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Lopez Bernie $96,000
Previous Owner Quinn Laura A $70,000
Previous Owner Stefaniu Marian Marc $57,600
Previous Owner Tomasovic Louis $48,000
Previous Owner Lazarovic Jacob $44,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/15/2024 05/15/24 Rented $2,100 0.0% --
04/05/2024 04/05/24 For Rent $2,100 +5.0% --
05/15/2022 05/15/22 Rented $2,000 +14.3% --
04/15/2022 04/15/22 Under Contract -- -- --
04/13/2022 04/13/22 For Rent $1,750 0.0% --
04/21/2017 04/21/17 Sold $120,000 -7.6% $150 / Sq Ft
03/22/2017 03/22/17 Pending -- -- --
03/03/2017 03/03/17 For Sale $129,900 -- $162 / Sq Ft
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 $3,345 $137,093 -- --
2023 $2,967 $124,630 $0 $0
2022 $2,674 $113,300 $0 $0
2021 $2,436 $103,000 $0 $103,000
2020 $2,260 $94,000 $0 $94,000
2019 $2,283 $94,000 $0 $94,000
2018 $2,095 $90,000 $0 $90,000
2017 $2,249 $97,000 $0 $0
2016 $2,095 $88,000 $0 $0
2015 $2,219 $91,000 $0 $0
2014 $1,734 $65,340 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • J

    Landlord's Agent in 2024

    Jose Nevarez

    LoKation

    (954) 545-5583

    6 Total Sales

    Jose Nevarez
    Section Image

  • R

    Buyer's Agent in 2022

    Ruznilda Salvatella

    One Team Realty

    (561) 236-5957

    89 Total Sales

    Ruznilda Salvatella
    Section Image

  • T

    Seller's Agent in 2017

    Timothy Lambert

    LAER Realty Partners Bowen/Wellington

    (561) 512-4044

    1 in this area

    35 Total Sales

    Timothy Lambert
    Section Image

  • A

    Buyer's Agent in 2017

    Anita Lowe

    Keller Williams Realty Boca Raton

See All Agents

Map

Source: BeachesMLS (Greater Fort Lauderdale)

MLS Number: F10431765

BeachesMLS (Greater Fort Lauderdale)

APN: 74-43-43-20-05-616-1010

Florida Palm Beach County West Palm Beach 33401 Banyan Cay

616 Executive Center Dr Unit 101, West Palm Beach, FL

This home is located at 616 Executive Center Dr Unit 101, West Palm Beach, FL 33401 since 30 March 2024 and is currently priced at $245,447. This property was built in 1992. 616 Executive Center Dr Unit 101 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 (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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