NOT LISTED FOR SALE

724 Executive Center Dr Unit 37 West Palm Beach, FL 33401

Banyan Cay Neighborhood

Estimated Value: $192,000 - $200,000

2 Beds
2 Baths
753 Sq Ft
$364/mo HOA Fee

Last Sold October 14, 2013

Last sale price $20,000 $27 Per Sq Ft

Est. 885% increase in value since last sale

Current estimated payment $1,600/month

120 Days on Market

Highlights

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

About This Home

As of October 2013

GOOD OPPORTUNITY FOR INVESTOR - CAP RATE 20%. MUST BE CASH SALE OR PRIVATE MONEY MORTGAGE. CONDO CONVERSION CLOSE TO DOWNTOWN. SALE IS CONTINGENT ON 3RD PARTY APPROVAL. BUYER MAY NEED TO CONTRIBUTE TOWARDS OUTSTANDING CONDO DUES AND CLOSING COSTS

Last Agent to Sell the Property

Jayne Sanders

Florida Coastal Living Inc License #599722 Listed on: 05/16/2013

Property Details

Home Type

  • Condominium

Year Built

  • Built in 1986

Lot Details

  • North Facing Home

HOA Fees

  • $364 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
  • Florida or Dining Combination

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

Listing and Financial Details

  • Assessor Parcel Number 74434320070080370

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

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

$364 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
  • 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: 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

  • Pool Features: None, Community
  • Waterfront: No
  • Disclosures: Deed Restriction
  • Construction Type: Block, Frame, Stucco
  • Direction Faces: North
  • Roof: Composition, Shingle

Garage/Parking

  • Garage Yn: No
  • Open Parking: Yes
  • Parking Features: Open, RV Access/Parking

Utilities

  • 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: 364.0
  • Community Features: Clubhouse, Fitness, Park, Property Manager On-Site, Pool
  • Senior Community: No
  • 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 #: 74434320070080370
  • Zoning Description: RES

Tax Info

  • Tax Year: 2012
  • Tax Annual Amount: 597.0

Multi Family

  • Number Of Units In Community: 316

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 16, 2013
Closed on
Nov 11, 2013
Sold by
Burchett Marlia
Bought by
Marlia Investments Llc
Seller's Agent
Jayne Sanders
Florida Coastal Living Inc
List Price
$19,000
Sold Price
$20,000
Premium/Discount to List
$1,000
5.26%
Current Estimated Value
$196,982

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$176,982
Avg. Annual Appreciation
21.21%

Purchase Details

Listed on
May 16, 2013
Closed on
Oct 12, 2013
Sold by
Buberl Camille M
Bought by
Burchett Marlia
Seller's Agent
Jayne Sanders
Florida Coastal Living Inc
List Price
$19,000
Sold Price
$20,000
Premium/Discount to List
$1,000
5.26%

Purchase Details

Closed on
Jan 9, 2006
Sold by
Ccs Clc Llc
Bought by
Buberl Camille M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$190,880
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 -- Attorney
Burchett Marlia $20,000 Universal Land Title Llc
Buberl Camille M $238,600 First American Title Ins Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Marlia Investments Llc $68,750
Closed Marlia Investmants Llc $46,530
Previous Owner Buberl Camille M $190,880
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/14/2013 10/14/13 Sold $20,000 +5.3% $27 / Sq Ft
09/14/2013 09/14/13 Pending -- -- --
05/16/2013 05/16/13 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 $1,776 $46,688 -- --
2023 $1,733 $42,444 $0 $0
2022 $1,486 $38,585 $0 $0
2021 $1,343 $91,000 $0 $91,000
2020 $1,219 $78,000 $0 $78,000
2019 $1,192 $78,000 $0 $78,000
2018 $1,038 $75,000 $0 $75,000
2017 $954 $69,000 $0 $0
2016 $852 $21,780 $0 $0
2015 $580 $19,800 $0 $0
2014 $544 $18,000 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: BeachesMLS

MLS Number: R3368174

BeachesMLS

APN: 74-43-43-20-07-008-0370