NOT LISTED FOR SALE

718 Executive Center Dr Unit 33 West Palm Beach, FL 33401

Banyan Cay Neighborhood

Estimated Value: $163,000 - $204,000

1 Bed
1 Bath
502 Sq Ft
$249/mo HOA Fee

Last Sold August 25, 2014

Last sale price $17,050 $34 Per Sq Ft

Est. 936% increase in value since last sale

Current estimated payment $1,425/month

242 Days on Market

Highlights

  • Water Views
  • RV Access or Parking
  • Clubhouse
  • Fitness Center
  • 43,560 Sq Ft lot
  • Great Room

About This Home

As of August 2014

CONDO CONVERSION CLOSE TO DOWNTOWN. SHORT SALE. PRE-APPROVED LIST PRICE BY LENDER. SALE IS CONTINGENT ON 3RD PARTY APPROVAL. BUYER WILL NEED TO CONTRIBUTE TOWARDS OUTSTANDING CONDO DUES AND CLOSING COSTS. ALSO GOOD OPPORTUNITY FOR INVESTOR - CAP RATE APPROX 15-20%.

Last Agent to Sell the Property

Jayne Sanders

Florida Coastal Living Inc License #599722 Listed on: 11/21/2013

Last Buyer's Agent

Ray Carrano

Singer Island Realty License #3245271

Property Details

Home Type

  • Condominium

Year Built

  • Built in 1986

Lot Details

  • 1

HOA Fees

  • $249 Monthly HOA Fees

Home Design

  • Entry on the 3rd floor
  • Frame Construction
  • Shingle Roof
  • Composition Roof

Interior Spaces

  • 502 Sq Ft Home
  • 3-Story Property
  • Sliding Windows
  • Great Room
  • Combination Dining and Living Room
  • Carpet
  • Water Views

Kitchen

  • Electric Range
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 1 Bedroom
  • 1 Full Bathroom

Parking

  • Open Parking
  • RV Access or Parking

Utilities

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

Additional Features

  • Exterior Lighting
  • West Facing Home

Listing and Financial Details

  • Assessor Parcel Number 74434320070070330

Community Details

Overview

  • Association fees include management, common areas, insurance, water
  • 316 Units
  • Bella Lago Vista Subdivision

Amenities

  • Clubhouse
  • Laundry Facilities

Recreation

  • Fitness Center
  • Community Pool
  • Park

Pet Policy

  • Pets Allowed

Security

  • Resident Manager or Management On Site

Property Details

Home Type

Condominium

Year Built

Built in 1986

Lot Details

0

HOA Fees

$249 per month

Listing Details

  • Prop. Type: Residential
  • Property Sub Type: Condominium
  • Property Sub Type Additional: Condominium
  • Directions: PALM BEACH LAKES BLVD EAST OF 95. SOUTH ON EXECUTIVE CENTER TO END OF CUL-DE-SAC
  • Year Built: 1986
  • Entry Level: 3
  • Year Built Details: Resale
  • Special Features: 12

Interior Features

  • Interior Amenities: Living/Dining Room, Tub Shower
  • Furnished: Unfurnished
  • 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: Sliding

Exterior Features

  • View: Other, Water
  • Pool Features: None, Association, Community
  • Pool Private: No
  • Waterfront: No
  • Construction Type: Frame, Stucco
  • Direction Faces: West
  • Property Condition: Resale
  • Roof: Composition, Shingle

Garage/Parking

  • Garage Yn: No
  • 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, Electricity Available, Sewer Available, Water Available
  • Water Source: Public

Condo/Co-op/Association

  • Association Fee: 249.0
  • Community Features: Clubhouse, Fitness Center, Park, Property Manager On-Site, Pool
  • Senior Community: No
  • Amenities: Clubhouse, Laundry, Management, Pool
  • Association Fee Frequency: Monthly
  • Association: Yes
  • Pets Allowed: Yes

Fee Information

  • Association Fee Includes: Association Management, Common Areas, Insurance, Water

Lot Info

  • Parcel #: 74434320070070330
  • Lot Size: 1 to < 2 Acres
  • Lot Size Sq Ft: 43560.0
  • Zoning Description: MF

Tax Info

  • Tax Year: 2012
  • Tax Annual Amount: 431.0

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
$176,605

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

Listed on
Nov 21, 2013
Closed on
Sep 30, 2014
Sold by
Ring Charles G
Bought by
Magna Real Estate Llc
Seller's Agent
Jayne Sanders
Florida Coastal Living Inc
Buyer's Agent
Ray Carrano
Singer Island Realty
List Price
$16,200
Sold Price
$17,050
Premium/Discount to List
$850
5.25%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
23.07%

Purchase Details

Listed on
Nov 21, 2013
Closed on
Aug 14, 2014
Sold by
Wong Chan T
Bought by
Ring Charles G
Seller's Agent
Jayne Sanders
Florida Coastal Living Inc
Buyer's Agent
Ray Carrano
Singer Island Realty
List Price
$16,200
Sold Price
$17,050
Premium/Discount to List
$850
5.25%

Purchase Details

Closed on
Jan 4, 2006
Sold by
Ccs Clc Llc
Bought by
Wong Chan Tim

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$129,800
Interest Rate
1%
Mortgage Type
New Conventional
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 $1,344,000 All Country Title
Nh Bella Lago Vista Llc $1,344,000 All Country Title
Hh Tiffany Investments Llc -- Posner Michael J
Hh Tiffany Investments Llc -- None Listed On Document
Magna Real Estate Llc -- None Available
Ring Charles G $17,050 First American Title Ins Co
Wong Chan Tim $162,250 First American Title Ins Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Hh Tiffany Investments Llc $1,657,473
Previous Owner Wong Chan Tim $129,800
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
08/25/2014 08/25/14 Sold $17,050 +5.2% $34 / Sq Ft
07/26/2014 07/26/14 Pending -- -- --
11/25/2013 11/25/13 For Sale $16,200 -- $32 / 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 $2,948 $134,000 -- --
2023 $2,758 $124,000 $0 $124,000
2022 $1,947 $78,100 $0 $0
2021 $1,106 $71,000 $0 $71,000
2020 $1,064 $69,000 $0 $69,000
2019 $1,044 $69,000 $0 $69,000
2018 $903 $66,000 $0 $66,000
2017 $809 $58,000 $0 $0
2016 $710 $17,600 $0 $0
2015 $491 $16,000 $0 $0
2014 $451 $14,000 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Jayne Sanders

    Seller's Agent in 2014

    Jayne Sanders

    Florida Coastal Living Inc

    (561) 707-3841

    30 Total Sales

    Jayne Sanders
    Section Image

  • R

    Buyer's Agent in 2014

    Ray Carrano

    Singer Island Realty

    (561) 841-9300

    17 Total Sales

    Ray Carrano
    Section Image
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Map

Source: BeachesMLS

MLS Number: R9996671

BeachesMLS

APN: 74-43-43-20-07-007-0330

Florida Palm Beach County West Palm Beach 33401 Banyan Cay

718 Executive Center Dr Unit 33, West Palm Beach, FL

Not Listed for Sale

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.

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