NOT LISTED FOR SALE

714 Executive Center Dr Unit 16 West Palm Beach, FL 33401

Banyan Cay Neighborhood

Estimated Value: $163,472 - $201,000

1 Bed
1 Bath
502 Sq Ft
$277/mo HOA Fee

Last Sold January 22, 2013

Last sale price $15,000 $30 Per Sq Ft

Est. 1,074% increase in value since last sale

Current estimated payment $1,489/month

384 Days on Market

Highlights

  • RV Access or Parking
  • Great Room
  • Walk-In Closet
  • Clubhouse
  • Community Pool
  • Patio

About This Home

As of January 2013

GREAT OPPORTUNITY FOR INVESTOR -- CAP RATE 15-20%. MUST BE CASH SALE. CONDO CONVERSION CLOSE TO DOWNTOWN. SALE IS CONTINGENT ON 3RD PARTY APPROVAL. BUYER MAY NEED TO CONTRIBUTE TOWARDS OUTSTANDING CONDO DUES

Last Agent to Sell the Property

Jayne Sanders

Florida Coastal Living Inc License #599722 Listed on: 12/04/2011

Last Buyer's Agent

Kevin Mecabe

Inactive member License #3333703

Property Details

Home Type

  • Condominium

Year Built

  • Built in 1986

Lot Details

  • West Facing Home

HOA Fees

  • $277 Monthly HOA Fees

Home Design

  • Shingle Roof
  • Composition Roof

Interior Spaces

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

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 74434320070040160

Community Details

Overview

  • Association fees include management, common areas, insurance, laundry, ground maintenance, maintenance structure, pool(s), roof
  • 316 Units
  • Bella Lago Vista Subdivision

Amenities

  • Clubhouse
  • Laundry Facilities

Recreation

  • Community Pool
  • Community Spa
  • Park

Pet Policy

  • Pets Allowed

Security

  • Security Guard
  • Resident Manager or Management On Site

Property Details

Home Type

Condominium

Year Built

Built in 1986

Lot Details

0

HOA Fees

$277 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
  • Year Built Details: Resale
  • Special Features: 12

Interior Features

  • Interior Amenities: Family/Dining Room, 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: 3
  • Window Features: Metal, Single Hung, Sliding

Exterior Features

  • Exterior Features: Patio
  • Pool Features: None, Association, Community
  • Waterfront: No
  • Construction Type: Block
  • Direction Faces: West
  • 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
  • Security: Security Guard
  • 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: 277.0
  • Community Features: Clubhouse, Fitness, Park, Property Manager On-Site, Pool
  • Senior Community: No
  • Amenities: Clubhouse, Laundry, Management, Pool, Spa/Hot Tub
  • Association Fee Frequency: Monthly
  • Pets Allowed: Yes

Fee Information

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

Lot Info

  • Parcel #: 74434320070040160
  • Zoning Description: RES

Tax Info

  • Tax Year: 2011
  • Tax Annual Amount: 459.0

Multi Family

  • Number Of Units In Community: 316

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jul 27, 2022
Sold by
Hh Tiffany Investments Llc
Bought by
Nh Bella Lago Vista Llc
Current Estimated Value
$176,057

Purchase Details

Closed on
Apr 4, 2022
Sold by
Hh Palm Beach Investments Llc
Bought by
Hh Tiffany Investments Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,657,473
Interest Rate
4.67%
Mortgage Type
New Conventional

Purchase Details

Closed on
Mar 25, 2013
Sold by
South Florida Condos Iii Llc
Bought by
Millenium Real Estate Llc

Purchase Details

Listed on
Dec 4, 2011
Closed on
Jan 18, 2013
Sold by
Baer Leonard
Bought by
South Florida Condos Iii Llc
Seller's Agent
Jayne Sanders
Florida Coastal Living Inc
Buyer's Agent
Kevin Mecabe
Inactive member
List Price
$17,000
Sold Price
$15,000
Premium/Discount to List
-$2,000
-11.76%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
21.62%

Purchase Details

Closed on
Sep 12, 2012
Sold by
Kropf Karl and Clear Lake 4 Land Trust
Bought by
Baer Leonard

Purchase Details

Closed on
Jan 8, 2007
Sold by
Baer Lawrence
Bought by
Kropf Karl

Purchase Details

Closed on
Mar 1, 2006
Sold by
Ccs Clc Llc
Bought by
Baer Leonard

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$125,000
Interest Rate
7.87%
Mortgage Type
New Conventional
Source: Public Records

Range of Values:

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Average Value
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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 $1,344,000 All Country Title
Hh Tiffany Investments Llc -- Posner Michael J
Millenium Real Estate Llc -- None Available
South Florida Condos Iii Llc $15,000 Universal Land Title Llc
Baer Leonard -- Universal Land Title Llc
Kropf Karl -- None Available
Baer Leonard $156,250 First American Title Ins Co
Baer Leonard $156,250 First American Title Ins Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Nh Bella Lago Vista Llc $5,000,000
Previous Owner Hh Tiffany Investments Llc $1,657,473
Previous Owner Millenium Real Estate Llc $39,480
Previous Owner Baer Leonard $125,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/22/2013 01/22/13 Sold $15,000 -11.8% $30 / Sq Ft
12/23/2012 12/23/12 Pending -- -- --
12/04/2011 12/04/11 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
2024 $2,866 $130,000 -- --
2023 $2,675 $120,000 $0 $120,000
2022 $1,947 $78,100 $0 $0
2021 $1,740 $71,000 $0 $71,000
2020 $1,050 $69,000 $0 $69,000
2019 $1,031 $69,000 $0 $69,000
2018 $891 $66,000 $0 $66,000
2017 $798 $58,000 $0 $0
2016 $700 $16,940 $0 $0
2015 $481 $15,400 $0 $0
2014 $451 $14,000 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Jayne Sanders

    Seller's Agent in 2013

    Jayne Sanders

    Florida Coastal Living Inc

    (561) 707-3841

    34 Total Sales

    Section Image

  • K

    Buyer's Agent in 2013

    Kevin Mecabe

    Inactive member

See All Agents

Map

Source: BeachesMLS

MLS Number: R3244012

BeachesMLS

APN: 74-43-43-20-07-004-0160

Florida Palm Beach County West Palm Beach 33401 Banyan Cay

714 Executive Center Dr Unit 16, West Palm Beach, FL

This home is located at 714 Executive Center Dr Unit 16, West Palm Beach, FL 33401 since 04 December 2011 and is currently estimated at $174,118, approximately $346 per square foot. This property was built in 1986. 714 Executive Center Dr Unit 16 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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