$228,000
SOLD OCT 25, 2022

616 Executive Center Dr Unit 107 West Palm Beach, FL 33401

Banyan Cay Neighborhood
2 Beds
2 Baths
800 Sq Ft
$450/mo HOA Fee

Recently Sold

$285 Per Sq Ft

5% Below List Price

52 Days on Market

Highlights

  • Gated Community
  • Community Pool
  • Billiard Room
  • Garden View
  • Tennis Courts
  • Laundry Room

About This Home

As of October 2022

Remodeled 2/2 condo in the gated Lake Place community of West Palm. Newer kitchen with granite counters and upgraded cabinetry. Ceramic tile floors throughout. Two masters bedrooms. Large privacy fenced patio. Community clubhouse with pool and tennis. Ideal location close to Palm Beach Outlets, dining options and Whole Foods. Minutes to I95, airport and beaches. Water, cable and internet included with HOA fee.

Last Agent to Sell the Property

Scott Alexander

Kanga Property Management License #3238402 Listed on: 08/05/2022

Kanga Property Management

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $2,392

Year Built

  • Built in 1992

Lot Details

  • Fenced

HOA Fees

  • $450 Monthly HOA Fees

Home Design

  • Entry on the 1st floor

Interior Spaces

  • 800 Sq Ft Home
  • 2-Story Property
  • Tile Flooring
  • Garden Views

Kitchen

  • Electric Range
  • Microwave
  • Dishwasher

Bedrooms and Bathrooms

  • 2 Bedrooms
  • Split Bedroom Floorplan
  • 2 Full Bathrooms

Laundry

  • Laundry Room
  • Washer and Dryer

Utilities

  • Central Heating and Cooling System
  • Cable TV Available

Listing and Financial Details

  • Assessor Parcel Number 74434320056161070

Community Details

Overview

  • Association fees include common areas, cable TV, insurance, maintenance structure, pool(s), sewer, security, trash, water
  • Lake Place Condo Subdivision

Recreation

  • Tennis Courts
  • Community Pool

Pet Policy

  • Pets Allowed

Additional Features

  • Billiard Room
  • Gated Community

Property Details

Home Type

Condominium

Est. Annual Taxes

$2,392

Year Built

Built in 1992

Lot Details

0

HOA Fees

$450 per month

Listing Details

  • Prop. Type: Residential
  • Property Sub Type: Condominium
  • Property Sub Type Additional: Condominium
  • Directions: I-95 to Palm Beach Lakes Boulevard, turn right on Congress Ave to Executive Center Drive (entrance will be on the left side).
  • Year Built: 1992
  • Entry Level: 1
  • Year Built Details: Resale
  • Special Features: VirtualTour

Interior Features

  • Interior Amenities: Split Bedrooms
  • Furnished: Unfurnished
  • Appliances: Dishwasher, Electric Range, Microwave, Refrigerator, Washer/Dryer
  • Full Bathrooms: 2
  • Total Bedrooms: 2
  • Flooring: Tile
  • Living Area: 800.0
  • Dining Room Type: Laundry
  • Stories: 2

Exterior Features

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

Garage/Parking

  • Garage Yn: No

Utilities

  • Cooling: Central Air
  • Cooling Y N: Yes
  • Heating: Central
  • Heating Yn: Yes
  • Sewer: Public Sewer
  • Utilities: Cable Available, Electricity Available, Sewer Available, Water Available
  • Water Source: Public

Condo/Co-op/Association

  • Association Fee: 450.0
  • Community Features: Gated, Pool, Tennis Court(s)
  • Senior Community: No
  • Amenities: Billiard Room, Pool, Tennis Court(s)
  • Association Fee Frequency: Monthly
  • Pets Allowed: Yes

Fee Information

  • Association Fee Includes: Common Areas, Cable TV, Insurance, Maintenance Structure, Pool(s), Sewer, Security, Trash, Water

Lot Info

  • Parcel #: 74434320056161070
  • Zoning Description: MF32(c
  • ResoLotSizeUnits: SquareFeet

Tax Info

  • Tax Year: 2021
  • Tax Annual Amount: 2392.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 5, 2022
Closed on
Oct 20, 2022
Sold by
Leo Hotel Llc
Bought by
La Gloria Realty Inc
Seller's Agent
Scott Alexander
Kanga Property Management
List Price
$240,000
Sold Price
$228,000
Premium/Discount to List
-$12,000
-5%
Views
10

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
3.37%

Purchase Details

Closed on
Feb 4, 2020
Sold by
Hornung Antonia Timea
Bought by
Leo Hotel Llc

Purchase Details

Listed on
Jan 4, 2019
Closed on
Feb 28, 2019
Sold by
Vidal Daritza
Bought by
Hornung Antonia Timea
Seller's Agent
Devin Hill
Rook Realty LLC
Buyer's Agent
Denis Lussier
Denis Lussier RE Broker
List Price
$130,000
Sold Price
$85,000
Premium/Discount to List
-$45,000
-34.62%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
17.87%

Purchase Details

Listed on
Jun 14, 2017
Closed on
Aug 28, 2017
Sold by
Nguyen Kathleen
Bought by
Vidal Daritza
Seller's Agent
John Diaz
KW Reserve Business Brokerage LLC
Buyer's Agent
Gary Ferrara
Atlantic Florida Properties Inc
List Price
$129,000
Sold Price
$123,000
Premium/Discount to List
-$6,000
-4.65%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
-21.84%

Purchase Details

Closed on
Feb 13, 2014
Sold by
Garcia Jose and Garcia Socorro Daymi
Bought by
Nguyen Kathleen

Purchase Details

Closed on
Oct 9, 2002
Sold by
Gill David and Gill Gloria Jean
Bought by
Garcia Jose

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$67,900
Interest Rate
6.18%

Purchase Details

Closed on
May 9, 2000
Sold by
Alitrade Inc
Bought by
Gill David

Purchase Details

Closed on
May 9, 1995
Sold by
Lake Place Condo Assoc
Bought by
Alitrade Inc
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
Warranty Deed $228,000 Folio Title Llc
Quit Claim Deed -- Attorney
Warranty Deed $85,000 Sovereign Shores Ttl Co Inc
Warranty Deed $123,000 American Title Corp
Trustee Deed $45,100 None Available
Warranty Deed $70,000 Automated Land Title Co
Warranty Deed $45,000 --
Warranty Deed $38,400 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Previous Owner $67,900 No Value Available
Previous Owner $51,750 No Value Available
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/11/2025 09/11/25 Price Changed $1,950 0.0% $3 / Sq Ft
07/26/2025 07/26/25 Price Changed $258,000 0.0% $335 / Sq Ft
07/26/2025 07/26/25 Price Changed $2,000 -9.1% $3 / Sq Ft
07/20/2025 07/20/25 For Rent $2,200 0.0% --
07/04/2025 07/04/25 Price Changed $262,450 0.0% $341 / Sq Ft
06/01/2025 06/01/25 Price Changed $262,500 -0.9% $341 / Sq Ft
05/12/2025 05/12/25 For Sale $265,000 +16.2% $344 / Sq Ft
10/25/2022 10/25/22 Sold $228,000 -5.0% $285 / Sq Ft
09/27/2022 09/27/22 Pending -- -- --
08/05/2022 08/05/22 For Sale $240,000 0.0% $300 / Sq Ft
03/01/2021 03/01/21 Rented $1,550 0.0% --
01/30/2021 01/30/21 Under Contract -- -- --
01/19/2021 01/19/21 For Rent $1,550 0.0% --
02/28/2019 02/28/19 Sold $85,000 -34.6% $106 / Sq Ft
01/29/2019 01/29/19 Pending -- -- --
01/04/2019 01/04/19 For Sale $130,000 +5.7% $163 / Sq Ft
08/28/2017 08/28/17 Sold $123,000 -4.7% $154 / Sq Ft
07/29/2017 07/29/17 Pending -- -- --
06/14/2017 06/14/17 For Sale $129,000 -- $161 / 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 $3,786 $170,500 -- --
2023 $3,396 $155,000 $0 $155,000
2022 $2,628 $111,100 $0 $0
2021 $2,392 $101,000 $0 $101,000
2020 $2,216 $92,000 $0 $92,000
2019 $2,238 $92,000 $0 $92,000
2018 $2,052 $88,000 $0 $88,000
2017 $2,142 $92,000 $0 $0
2016 $2,073 $87,000 $0 $0
2015 $2,196 $90,000 $0 $0
2014 $735 $53,677 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Paola Peccoud

    Seller's Agent in 2025

    Paola Peccoud

    Avanti Way Realty LLC

    (309) 930-1363

    19 Total Sales

    Paola Peccoud
    Section Image

  • S

    Seller's Agent in 2022

    Scott Alexander

    Kanga Property Management

    (561) 386-6472

    4 in this area

    48 Total Sales

    Scott Alexander
    Section Image
  • Devin Hill

    Seller's Agent in 2019

    Devin Hill

    Rook Realty LLC

    (561) 634-0647

    3 Total Sales

    Devin Hill
    Section Image

  • D

    Buyer's Agent in 2019

    Denis Lussier

    Denis Lussier RE Broker

    (561) 689-1670

    5 in this area

    6 Total Sales

    Denis Lussier
    Section Image
  • John Diaz

    Seller's Agent in 2017

    John Diaz

    KW Reserve Business Brokerage LLC

    (844) 456-4647

    1 in this area

    119 Total Sales

    John Diaz
    Section Image
  • Gary Ferrara

    Buyer's Agent in 2017

    Gary Ferrara

    Atlantic Florida Properties Inc

    (561) 801-0897

    11 Total Sales

    Gary Ferrara
    Section Image
See All Agents

Map

Source: BeachesMLS

MLS Number: R10822320

BeachesMLS

APN: 74-43-43-20-05-616-1070

Florida Palm Beach County West Palm Beach 33401 Banyan Cay

616 Executive Center Dr Unit 107, West Palm Beach, FL

This home is located at 616 Executive Center Dr Unit 107, West Palm Beach, FL 33401 and is currently priced at $228,000, approximately $285 per square foot. This property was built in 1992. 616 Executive Center Dr Unit 107 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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