RENTED JUL 11, 2025

405 Executive Center Dr Unit 203 West Palm Beach, FL 33401

Banyan Cay Neighborhood

Estimated Value: $155,000 - $199,000

2 Beds
2 Baths
925 Sq Ft
1971 Built

Last Sold January 23, 2013

Last sale price $46,000 $50 Per Sq Ft

Est. 292% increase in value since last sale

Current estimated payment $1,149/month

Highlights

  • Waterfront
  • Pool View
  • Community Basketball Court
  • Clubhouse
  • Community Pool
  • Balcony

About This Home

As of July 2025

Available Now For An Annual Rent! Great Opportunity To Live Near The Palm Beach Outlets And City Place, Wonderful Restaurants, And Beautiful Beaches. Bright And Spacious 2 Bedrooms, 2 Bathrooms 2nd Floor Condo Apartment Overlooking Pool In Clear Lake Community With Great Amenities. Pet-Friendly And All Ages! Freshly Painted, Tiled Floors Throughout, No Carpet, Laundry Facility Nearby, Master Bedroom Has A HUGE Walk In Closet. New A/C. Rent Includes Water, Sewer And 2 Parking Spaces. Enjoy Amenities Such As Gym, Basketball Court, Heated Pool, Tennis Courts, Playground, Barbecue Area And Clubhouse. Pets Are Allowed, Max 1 Domestic Nonaggressive Pet Up To 25 Pounds. Security. Just First, Last And Security Deposit To Move In.

Last Agent to Rent the Property

Ella Saltoun

Scuttina Signature Real Estate Group, LLC License #3595831 Listed on: 06/20/2025

Last Renter's Agent

Mike Ryan

Highlight Realty Corp/LW License #3286664

Highlight Realty Corp/LW

Condo Details

Home Type

  • Condominium

Year Built

  • Built in 1971

Lot Details

  • Waterfront

Home Design

  • Entry on the 2nd floor

Interior Spaces

  • 925 Sq Ft Home
  • Tile Flooring
  • Pool Views
  • Dishwasher

Bedrooms and Bathrooms

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

Parking

  • Over 1 Space Per Unit
  • Open Parking

Outdoor Features

  • Balcony
  • Open Patio

Schools

  • Westward Elementary School
  • Bear Lakes Middle School
  • Palm Beach Lakes High School

Utilities

  • Central Heating and Cooling System
  • Electric Water Heater

Listing and Financial Details

  • Property Available on 6/20/25
  • Assessor Parcel Number 74434320080052030

Community Details

Amenities

  • Clubhouse
  • Laundry Facilities

Recreation

  • Community Basketball Court
  • Community Pool
  • Park
  • Recreational Area

Additional Features

  • Clear Lake Palms Condo Subdivision
  • Security Guard

Condo Details

Home Type

Condominium

Year Built

Built in 1971

Lot Details

0

Rental Info

  • Tenant Pays: Exterior Electric
  • Available Date: 2025-06-20

Listing Details

  • Prop. Type: Residential Lease
  • Property Sub Type: Condominium
  • Property Sub Type Additional: Condominium
  • Directions: Palm Beach Lakes Blvd east of 95, turn right into Executive Center Dr., community on the right side.
  • Year Built: 1971
  • Entry Level: 2
  • Special Features: VirtualTour

Interior Features

  • Interior Amenities: Walk-In Closet(s)
  • Furnished: Unfurnished
  • Appliances: Dishwasher, Electric Water Heater, Refrigerator
  • Full Bathrooms: 2
  • Total Bedrooms: 2
  • Flooring: Tile
  • Living Area: 925.0

Exterior Features

  • Exterior Features: Balcony
  • View: Pool
  • Pool Features: None, Association, Community
  • Waterfront: Yes
  • Disclosures: Owner Is Listing Agent
  • Patio And Porch Features: Balcony, Open

Garage/Parking

  • Garage Yn: No
  • Open Parking: Yes
  • Parking Features: Open, Two or More Spaces

Utilities

  • Laundry Features: Common Area
  • Security: Security Guard
  • Cooling: Central Air, Electric
  • Cooling Y N: Yes
  • Heating: Central, Electric
  • Heating Yn: Yes

Condo/Co-op/Association

  • Community Features: Clubhouse, Non-Gated, Park, Pool, Sidewalks, Recreation Area
  • Senior Community: No
  • Amenities: Basketball Court, Clubhouse, Laundry, Pool

Schools

  • Elementary School: Westward
  • High School: Palm Beach Lakes
  • Middle Or Junior School: Bear Lakes

Lot Info

  • Parcel #: 74434320080052030
  • Land Lease Amount Frequency: Monthly
  • Lot Size: Sidewalks

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 7, 2013
Closed on
Jan 23, 2013
Sold by
Inversiones San Luis Llc
Bought by
Aes Real Estate Investments Llc
Seller's Agent
Fernando Galindez
Related General Realty, LLC.
Buyer's Agent
Avraham Dagan
Landrich Real Estate, Inc.
List Price
$50,000
Sold Price
$46,000
Premium/Discount to List
-$4,000
-8%
Current Estimated Value
$180,530

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$134,530
Avg. Annual Appreciation
11.11%

Purchase Details

Closed on
Apr 6, 2011
Sold by
Castillo Oropeza Gaston and Castillo De Oropeza Lourdes
Bought by
Inversiones San Luis Llc

Purchase Details

Closed on
Jan 25, 2011
Sold by
Forero Hernando
Bought by
Oropeza Gaston

Purchase Details

Closed on
Sep 29, 2006
Sold by
Clear Lake Palms Llc
Bought by
Forero Hernando

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$155,920
Interest Rate
7.5%
Mortgage Type
Purchase Money Mortgage
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
Aes Real Estate Investments Llc $46,000 Superior Title Of S Fl Inc
Inversiones San Luis Llc -- None Available
Oropeza Gaston $22,000 Members Title Services Inc
Forero Hernando $194,900 Attorney
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Forero Hernando $155,920
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
07/11/2025 07/11/25 Rented $1,700 0.0% --
06/20/2025 06/20/25 For Rent $1,700 +57.4% --
05/01/2018 05/01/18 Rented $1,080 0.0% --
04/01/2018 04/01/18 Under Contract -- -- --
03/29/2018 03/29/18 For Rent $1,080 0.0% --
01/23/2013 01/23/13 Sold $46,000 -8.0% $48 / Sq Ft View Prior Sale
01/07/2013 01/07/13 Pending -- -- --
01/07/2013 01/07/13 For Sale $50,000 -- $53 / Sq Ft
Source: BeachesMLS (Greater Fort Lauderdale)

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
2025 $2,464 $97,006 -- --
2024 $2,464 $88,187 -- --
2023 $2,280 $80,170 $0 $146,000
2022 $1,971 $72,882 $0 $0
2021 $1,848 $97,000 $0 $97,000
2020 $1,643 $78,000 $0 $78,000
2019 $1,536 $72,000 $0 $72,000
2018 $1,345 $68,000 $0 $68,000
2017 $1,250 $65,000 $0 $0
2016 $1,079 $41,140 $0 $0
2015 $1,019 $37,400 $0 $0
2014 $916 $34,000 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: BeachesMLS (Greater Fort Lauderdale)

MLS Number: R11101104

BeachesMLS (Greater Fort Lauderdale)

APN: 74-43-43-20-08-005-2030