NOT LISTED FOR SALE

714 Executive Center Dr Unit 112 West Palm Beach, FL 33401

Banyan Cay Neighborhood

Estimated Value: $165,000 - $211,000

1 Bed
1 Bath
502 Sq Ft
$248/mo HOA Fee

Last Sold May 23, 2012

Last sale price $16,000 $32 Per Sq Ft

Est. 1,056% increase in value since last sale

Current estimated payment $1,484/month

104 Days on Market

Highlights

  • Fitness Center
  • Waterfront
  • Great Room
  • RV Access or Parking
  • Clubhouse
  • Community Pool

About This Home

As of May 2012

*PROPERTY IS UNDER CONTRACT WITH OFFER SUBMITTED TO BANK* GREAT OPPORTUNITY FOR INVESTOR - CAP RATE 15-20%. MUST BE CASH SALE. CONDO CONVERSION CLOSE TO DOWNTOWN. SALE IS CONTINGENT ON 3RD PARTY APPROVAL.

Last Agent to Sell the Property

Jayne Sanders

Florida Coastal Living Inc License #599722 Listed on: 01/01/2012

Last Buyer's Agent

Sandra Hanna

United Realty Group Inc. License #689371

Property Details

Home Type

  • Condominium

Year Built

  • Built in 1986

Lot Details

  • Waterfront
  • East Facing Home

HOA Fees

  • $248 Monthly HOA Fees

Home Design

  • Entry on the 1st floor
  • Shingle Roof
  • Composition Roof

Interior Spaces

  • 502 Sq Ft Home
  • 2-Story Property
  • Single Hung Metal Windows
  • Sliding Windows
  • Great Room
  • Florida or Dining Combination
  • Carpet
  • Water Views

Kitchen

  • Electric Range
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 1 Bedroom
  • Walk-In Closet
  • 1 Full Bathroom

Parking

  • Open Parking
  • RV Access or Parking

Outdoor Features

  • Patio
  • Exterior Lighting

Utilities

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

Listing and Financial Details

  • Assessor Parcel Number 74434320070041120

Community Details

Overview

  • Association fees include management, common areas, insurance, laundry, ground maintenance, maintenance structure, pool(s), roof
  • 316 Units
  • Clear Lake Club Condo Subdivision

Amenities

  • Clubhouse
  • Laundry Facilities

Recreation

  • Fitness Center
  • Community Pool
  • Community Spa
  • Park

Security

  • Resident Manager or Management On Site

Property Details

Home Type

Condominium

Year Built

Built in 1986

Lot Details

0

HOA Fees

$248 per month

Listing Details

  • Prop. Type: Residential
  • Property Sub Type: Condominium
  • Property Sub Type Additional: Condominium
  • Directions: PALM BEACH LAKES BLVD E OF 95 TO EXECUTIVE CENTER TO END
  • Year Built: 1986
  • Entry Level: 1
  • Year Built Details: Resale
  • Pets No Pets Comments: Other Pet Restrictions:Possible Restrictions
  • Special Features: 12

Interior Features

  • Interior Amenities: Family/Dining Room, Tub Shower, Walk-In Closet(s)
  • Furnished: Unfurnished
  • Spa Features: Community
  • Appliances: Dishwasher, Electric Range, Electric Water Heater, Disposal, Refrigerator
  • Full Bathrooms: 1
  • Total Bedrooms: 1
  • Flooring: Carpet
  • Living Area: 502.0
  • Dining Room Type: Great Room
  • Stories: 2
  • Window Features: Metal, Single Hung, Sliding

Exterior Features

  • Exterior Features: Patio
  • View: Other, Water
  • Pool Features: None, Association, Community
  • Pool Private: No
  • Waterfront: Yes
  • Construction Type: Block
  • Direction Faces: East
  • Patio And Porch Features: Patio
  • Property Condition: Resale
  • Roof: Composition, Shingle

Garage/Parking

  • Open Parking: Yes
  • Parking Features: Open, RV Access/Parking

Utilities

  • Laundry Features: Common Area
  • Green Building Features: Exterior Lighting
  • Cooling: Central Air
  • Cooling Y N: Yes
  • Heating: Central
  • Heating Yn: Yes
  • Sewer: Public Sewer
  • Utilities: Cable Available, Sewer Available, Water Available
  • Water Source: Public

Condo/Co-op/Association

  • Association Fee: 248.0
  • Community Features: Clubhouse, Fitness Center, Park, Property Manager On-Site, Pool
  • Senior Community: No
  • Amenities: Clubhouse, Laundry, Management, Pool, Spa/Hot Tub
  • Association Fee Frequency: Monthly
  • Association: Yes
  • Pets Allowed: Conditional

Fee Information

  • Association Fee Includes: Association Management, Common Areas, Insurance, Laundry, Maintenance Grounds, Maintenance Structure, Pool(s), Roof

Lot Info

  • Parcel #: 74434320070041120
  • Zoning Description: RES

Tax Info

  • Tax Year: 2011
  • Tax Annual Amount: 528.0

Multi Family

  • Number Of Units In Community: 316

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jun 2, 2022
Sold by
May Chamoun
Bought by
Nh Bella Lago Vista Llc
Current Estimated Value
$184,970

Purchase Details

Listed on
Jan 1, 2012
Closed on
May 22, 2012
Sold by
Brown Victoria
Bought by
Chamoun May
Seller's Agent
Jayne Sanders
Florida Coastal Living Inc
Buyer's Agent
Sandra Hanna
United Realty Group Inc.
List Price
$17,000
Sold Price
$16,000
Premium/Discount to List
-$1,000
-5.88%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
19.72%

Purchase Details

Closed on
Apr 14, 2008
Sold by
Wangler Mark J and Clear Lake Club Condominium As
Bought by
Gmac Mortgage Llc

Purchase Details

Closed on
Sep 5, 2006
Sold by
Ccs Clc Llc
Bought by
Brown Victoria

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$135,800
Interest Rate
6.52%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jan 25, 2006
Sold by
Ccs-Clc Llc
Bought by
Wangler Mark J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$121,692
Interest Rate
2%
Mortgage Type
Fannie Mae Freddie Mac
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Nh Bella Lago Vista Llc $164,000 All Country Title
Nh Bella Lago Vista Llc $164,000 All Country Title
Chamoun May $16,000 Universal Land Title Llc
Gmac Mortgage Llc -- Attorney
Brown Victoria $169,750 National Title Co
Wangler Mark J $152,115 First American Title Ins Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Brown Victoria $135,800
Previous Owner Wangler Mark J $121,692
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
05/23/2012 05/23/12 Sold $16,000 -5.9% $32 / Sq Ft
04/23/2012 04/23/12 Pending -- -- --
01/09/2012 01/09/12 For Sale $17,000 -- $34 / 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
2025 $3,173 $152,000 -- --
2024 $3,173 $145,000 -- --
2023 $2,984 $135,000 $0 $135,000
2022 $1,395 $34,299 $0 $0
2021 $1,217 $81,000 $0 $81,000
2020 $1,124 $72,000 $0 $72,000
2019 $1,101 $72,000 $0 $72,000
2018 $954 $69,000 $0 $69,000
2017 $852 $60,000 $0 $0
2016 $752 $19,360 $0 $0
2015 $531 $17,600 $0 $0
2014 $497 $16,000 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Jayne Sanders

    Seller's Agent in 2012

    Jayne Sanders

    Florida Coastal Living Inc

    (561) 707-3841

    30 Total Sales

    Jayne Sanders
    Section Image

  • S

    Buyer's Agent in 2012

    Sandra Hanna

    United Realty Group Inc.

    (561) 628-5213

    1 Total Sale

    Sandra Hanna
    Section Image
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Map

Source: BeachesMLS

MLS Number: R3251059

BeachesMLS

APN: 74-43-43-20-07-004-1120

Florida Palm Beach County West Palm Beach 33401 Banyan Cay

714 Executive Center Dr Unit 112, West Palm Beach, FL

Not Listed for Sale

Condos

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