NOT LISTED FOR SALE

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

Banyan Cay Neighborhood

Estimated Value: $184,000 - $197,000

2 Beds
2 Baths
753 Sq Ft
$363/mo HOA Fee

Last Sold May 09, 2014

Last sale price $21,000 $28 Per Sq Ft

Est. 828% increase in value since last sale

Current estimated payment $1,582/month

135 Days on Market

Highlights

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

About This Home

As of May 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: 11/24/2013

Last Buyer's Agent

Maureen Grean

Coldwell Banker Realty License #655247

Coldwell Banker Realty

Property Details

Home Type

  • Condominium

Year Built

  • Built in 1986

Lot Details

  • 1

HOA Fees

  • $363 Monthly HOA Fees

Home Design

  • Frame Construction
  • Shingle Roof
  • Composition Roof

Interior Spaces

  • 753 Sq Ft Home
  • 3-Story Property
  • Single Hung Metal Windows
  • Sliding Windows
  • Great Room
  • Combination Dining and Living Room
  • Water Views

Kitchen

  • Electric Range
  • Dishwasher
  • Disposal

Flooring

  • Carpet
  • Vinyl

Bedrooms and Bathrooms

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

Parking

  • Open Parking
  • RV Access or Parking

Utilities

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

Additional Features

  • Exterior Lighting
  • North Facing Home

Listing and Financial Details

  • Assessor Parcel Number 74434320070080330

Community Details

Overview

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

$363 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
  • Year Built Details: Resale
  • Special Features: 12

Interior Features

  • Interior Amenities: Living/Dining Room, Walk-In Closet(s)
  • Furnished: Unfurnished
  • Spa Features: Community
  • Appliances: Dishwasher, Electric Range, Electric Water Heater, Disposal, Refrigerator
  • Full Bathrooms: 2
  • Total Bedrooms: 2
  • Flooring: Carpet, Vinyl
  • Living Area: 753.0
  • Dining Room Type: Great Room
  • Stories: 3
  • Window Features: Metal, Single Hung, Sliding

Exterior Features

  • View: Other, Water
  • Pool Features: None, Association, Community
  • Waterfront: No
  • Disclosures: Deed Restriction
  • Construction Type: Block, Frame, Stucco
  • Direction Faces: North
  • 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
  • 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, Electricity Available, Sewer Available, Water Available
  • Water Source: Public

Condo/Co-op/Association

  • Association Fee: 363.0
  • 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, Water

Lot Info

  • Parcel #: 74434320070080330
  • Lot Size Sq Ft: 43560.0
  • Zoning Description: RES
  • ResoLotSizeUnits: SquareFeet

Tax Info

  • Tax Year: 2012
  • Tax Annual Amount: 573.0

Multi Family

  • Number Of Units In Community: 316

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 24, 2013
Closed on
May 19, 2014
Sold by
Lynch Daniel
Bought by
Marlia Investments Llc
Seller's Agent
Jayne Sanders
Florida Coastal Living Inc
Buyer's Agent
Maureen Grean
Coldwell Banker Realty
List Price
$19,000
Sold Price
$21,000
Premium/Discount to List
$2,000
10.53%
Current Estimated Value
$194,854

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$173,854
Avg. Annual Appreciation
21.89%

Purchase Details

Listed on
Nov 24, 2013
Closed on
May 8, 2014
Sold by
Farida Suhair
Bought by
Lynch Daniel
Seller's Agent
Jayne Sanders
Florida Coastal Living Inc
Buyer's Agent
Maureen Grean
Coldwell Banker Realty
List Price
$19,000
Sold Price
$21,000
Premium/Discount to List
$2,000
10.53%

Purchase Details

Closed on
Jan 3, 2006
Sold by
Ccs Clc Llc
Bought by
Farida Suhair

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$189,680
Interest Rate
1%
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
Marlia Investments Llc $21,000 Attorney
Lynch Daniel $21,000 First American Title Ins Co
Farida Suhair $237,100 First American Title Ins Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Marlia Investments Llc $68,750
Closed Marlia Investments Llc $45,571
Previous Owner Farida Suhair $189,680
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/09/2014 05/09/14 Sold $21,000 +10.5% $28 / Sq Ft
04/09/2014 04/09/14 Pending -- -- --
11/24/2013 11/24/13 For Sale $19,000 -- $25 / 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 $1,718 $44,802 -- --
2023 $1,677 $40,729 $0 $0
2022 $1,449 $37,026 $0 $0
2021 $1,295 $87,000 $0 $87,000
2020 $1,186 $76,000 $0 $76,000
2019 $1,160 $76,000 $0 $76,000
2018 $1,009 $73,000 $0 $73,000
2017 $932 $68,000 $0 $0
2016 $832 $20,900 $0 $0
2015 $560 $19,000 $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: R9996328

BeachesMLS

APN: 74-43-43-20-07-008-0330