NOT LISTED FOR SALE

724 Executive Center Dr Unit 13 West Palm Beach, FL 33401

Banyan Cay Neighborhood

Estimated Value: $182,000 - $206,000

2 Beds
2 Baths
753 Sq Ft
$548/mo HOA Fee

Last Sold March 02, 2023

Last sale price $175,000 $232 Per Sq Ft

Est. 11% increase in value since last sale

Current estimated payment $1,870/month

41 Days on Market

Highlights

  • 43,560 Sq Ft lot
  • Great Room
  • Walk-In Closet
  • Clubhouse
  • Community Pool
  • Patio

About This Home

As of March 2023

Excellent opportunity for investors. This 2 bedroom 2 bath condo is centrally located, close to downtown West Palm Beach, dining, shopping and I-95. The property is currently occupied by a long term tenant paying $1550 a month. Don't miss out on this great opportunity!

Last Agent to Sell the Property

Harlan Miller

HG Property Mngmnt and RE Services License #3210253 Listed on: 01/19/2023

Last Buyer's Agent

Alyssa Mena

Dalton Wade Inc License #3384958

Dalton Wade Inc

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $1,441

Year Built

  • Built in 1986

Lot Details

  • 1

HOA Fees

  • $548 Monthly HOA Fees

Interior Spaces

  • 753 Sq Ft Home
  • 3-Story Property
  • Great Room
  • Electric Range

Flooring

  • Carpet
  • Vinyl

Bedrooms and Bathrooms

  • 2 Bedrooms
  • Walk-In Closet
  • 2 Full Bathrooms

Outdoor Features

  • Patio

Utilities

  • Central Heating and Cooling System
  • Cable TV Available

Listing and Financial Details

  • Assessor Parcel Number 74434320070080130

Community Details

Overview

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

Est. Annual Taxes

$1,441

Year Built

Built in 1986

Lot Details

0

HOA Fees

$548 per month

Listing Details

  • Prop. Type: Residential
  • Property Sub Type: Condominium
  • Property Sub Type Additional: Condominium
  • Directions: Take Palm Beach Lakes Blvd east of 95. Go south on Executive Center until you reach the cul-de-sac.
  • Year Built: 1986
  • Entry Level: 1
  • Year Built Details: Resale
  • Special Features: VirtualTour

Interior Features

  • Interior Amenities: Walk-In Closet(s)
  • Furnished: Unfurnished
  • Spa Features: Community
  • Appliances: Electric Range, Refrigerator
  • Full Bathrooms: 2
  • Total Bedrooms: 2
  • Flooring: Carpet, Vinyl
  • Living Area: 753.0
  • Dining Room Type: Great Room
  • Stories: 3

Exterior Features

  • Exterior Features: Patio
  • Pool Features: None, Association, Community
  • Waterfront: No
  • Construction Type: Block
  • Patio And Porch Features: Patio
  • Property Condition: Resale

Garage/Parking

  • Garage Yn: No

Utilities

  • Laundry Features: Common Area
  • Security: Security Guard
  • 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: 548.0
  • Community Features: Clubhouse, Non-Gated, 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, Water

Lot Info

  • Parcel #: 74434320070080130
  • Lot Size Sq Ft: 43560.0
  • Zoning Description: MF32(c
  • ResoLotSizeUnits: SquareFeet

Tax Info

  • Tax Year: 2022
  • Tax Annual Amount: 1441.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 19, 2023
Closed on
Mar 2, 2023
Sold by
Peterson Richard
Bought by
Liriano-Acosta Patricia M
Seller's Agent
Harlan Miller
HG Property Mngmnt and RE Services
Buyer's Agent
Alyssa Mena
Dalton Wade Inc
List Price
$189,900
Sold Price
$175,000
Premium/Discount to List
-$14,900
-7.85%
Views
99
Current Estimated Value
$194,733

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$19,733
Avg. Annual Appreciation
4.35%

Purchase Details

Closed on
Jan 3, 2006
Sold by
Ccs Clc Llc
Bought by
Peterson Richard

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$187,680
Interest Rate
6.22%
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
Liriano-Acosta Patricia M $175,000 All Country Title
Peterson Richard $234,600 First American Title Ins Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Peterson Richard $187,680
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/02/2023 03/02/23 Sold $175,000 -7.8% $232 / Sq Ft
01/19/2023 01/19/23 For Sale $189,900 -- $252 / 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 $2,968 $135,000 -- --
2023 $1,642 $40,086 $0 $0
2022 $1,441 $36,442 $0 $0
2021 $1,287 $87,000 $0 $87,000
2020 $1,178 $76,000 $0 $76,000
2019 $1,153 $76,000 $0 $76,000
2018 $1,003 $73,000 $0 $73,000
2017 $927 $68,000 $0 $0
2016 $827 $20,570 $0 $0
2015 $555 $18,700 $0 $0
2014 $521 $17,000 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: BeachesMLS

MLS Number: R10859466

BeachesMLS

APN: 74-43-43-20-07-008-0130