$675,000

1640 Presidential Way Unit 501 West Palm Beach, FL 33401

Banyan Cay Neighborhood

Estimated payment $5,520/month

Total Views 1,627
3 Beds
4 Baths
2,821 Sq Ft
$239 Price per Sq Ft

Highlights

  • Fitness Center
  • Clubhouse
  • Marble Flooring
  • Outdoor Pool
  • Property is near a clubhouse
  • Home Gym

About This Home

Boasting over three thousand square feet of total living space this condo features 3 bedrooms with an option for a fourth along with three full bathrooms two of which are on suite master baths and a powder room. Located minutes from world class golf, I-95 and shopping offering unmatched convenience to the greater West Palm Beach area. Park Place is equipped with 24 hour security, Club Room, Gym and Pool.

Listing Agent

Mark Syben

Brown Harris Stevens of Palm Beach 7232 License #34489676

Brown Harris Stevens of Palm Beach 7232

Co-Listing Agent

Sabra Kirkpatrick

Brown Harris Stevens of Palm Beach 7232 License #SL3228432

Property Details

Home Type

  • Condo-Op

Est. Annual Taxes

  • $6,633

Year Built

  • Built in 2004

HOA Fees

  • $1,200 Monthly HOA Fees

Interior Spaces

  • 2,821 Sq Ft Home
  • Ceiling Fan
  • Living Room
  • Dining Area
  • Home Gym
  • Marble Flooring

Kitchen

  • Single Oven
  • Microwave
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 4 Bathrooms

Laundry

  • Laundry in unit
  • Dryer
  • Washer

Home Security

  • High Impact Windows
  • High Impact Door

Outdoor Features

  • Outdoor Pool
  • Balcony

Utilities

  • Central Heating and Cooling System
  • Cable TV Available

Additional Features

  • Gated Home
  • Property is near a clubhouse

Listing and Financial Details

  • Assessor Parcel Number 74434317280015010

Community Details

Overview

  • Association fees include common area, maintenance exterior
  • 97 Units
  • Park Place Community
  • On-Site Maintenance
  • 5-Story Property

Amenities

  • Common Area
  • Clubhouse
  • Lobby
  • Elevator

Recreation

  • Fitness Center

Pet Policy

  • Pets Allowed

Security

  • Resident Manager or Management On Site

Property Details

Home Type

Condo-Op

Est. Annual Taxes

$6,633

Year Built

Built in 2004

Lot Details

0

HOA Fees

$1,200 per month

Listing Details

  • Property Sub Type: Condominium
  • Prop. Type: Condo/Co-Op
  • Building Name: Park Place
  • Year Built: 2004
  • Location Tax Legal:Name of Building: Park Place
  • Location Tax Legal:Zoned: MF32
  • Location Tax Legal:Homestead Exempt: No
  • Location Tax Legal:Taxes2: 6633.0
  • Location Tax Legal:Tax Year2: 2024
  • General Property Description:Living Area: 2821.0
  • General Property Description:Pool: Yes
  • General Property Description:Waterfront: No
  • General Property Description:Maintenance Amount: 1200.0
  • General Property Description:Per: Month
  • General Property Description:_pound_ Units in Complex: 97
  • General Property Description:_pound_ Floors: 5.0
  • Pool:Pool3: Yes
  • ACHeat:Central Air: Yes
  • ACHeat:Central Heat: Yes
  • Appliances Refrigerators: Yes
  • Appliances Microwave: Yes
  • Washers: Yes
  • Appliances Dryer: Yes
  • Laundry:Laundry in Unit: Yes
  • Services Included:Full Time Manager: Yes
  • Services Included:Exercise Facility: Yes
  • Maintenance Includes:Common Area: Yes
  • Maintenance Includes:Exterior Bldg: Yes
  • Floors:Marble: Yes
  • Pets:Pets Allowed: Yes
  • Security:Gate House: Yes
  • Services Included:Club Facilities: Yes
  • Special Features: None

Interior Features

  • Appliances: Dishwasher, Disposal, Refrigerator, Oven-Single, Microwave, Washer, Dryer
  • Full Bathrooms: 3
  • Half Bathrooms: 1
  • Total Bedrooms: 3
  • Flooring: Marble
  • Interior Amenities: Cable, Ceiling Fan, Wndw Trmnts Included
  • Living Area: 2821.0
  • Stories: 5
  • Interior Features:Wndw Trmnts Included: Yes
  • Appliances Dishwasher: Yes
  • Interior Features:Cable: Yes
  • Interior Features:Ceiling Fan: Yes
  • Other Rooms:Dining Area: Yes
  • Appliances:Oven-Single: Yes

Exterior Features

  • Pool Features: Pool
  • Pool Private: Yes
  • Exterior Features: Balcony, Impact Doors, Impact Windows, Clubhouse, Elevator, Exercise Room, Lobby
  • Exterior Features:Balcony: Yes
  • Exterior Features:Elevator2: Yes
  • Exterior Features:Exercise Room2: Yes
  • Exterior Features:Lobby: Yes
  • Exterior Features:Impact Doors: Yes
  • Exterior Features:Impact Windows: Yes
  • Exterior Features:Clubhouse: Yes

Garage/Parking

  • Parking:Other2: Yes

Utilities

  • Laundry Features: Laundry in Unit
  • Security: Gate House
  • Cooling: Central Air
  • Cooling Y N: Yes
  • Heating: Central Heat
  • Heating Yn: Yes

Condo/Co-op/Association

  • Amenities: Full Time Manager, Club Facilities, Exercise Facility
  • Association: Yes

Association/Amenities

  • Restrictions:Condo Association: Yes

Fee Information

  • Association Fee Includes: Common Area, Maintenance Exterior

Lot Info

  • Development Status: Land Owned
  • Parcel #: 74434317280015010
  • Zoning: MF32

Rental Info

  • Pets Other: 2 pets under 20 lbs

Multi Family

  • Number Of Units Total: 97
  • Maintenance Expense: 1200.0

Tax Info

  • Tax Annual Amount: 6633.0
  • Tax Year: 2024

Map

Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area

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 $6,633 $282,566 -- --
2023 $6,064 $256,878 $0 $0
2022 $5,518 $233,525 $0 $0
2021 $4,866 $220,000 $0 $220,000
2020 $4,589 $215,000 $0 $215,000
2019 $4,265 $200,000 $0 $200,000
2018 $3,602 $160,000 $0 $160,000
2017 $3,305 $145,000 $0 $0
2016 $1,527 $104,780 $0 $0
2015 $1,556 $104,052 $0 $0
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/22/2025 04/22/25 For Rent $3,900 0.0% --
04/14/2025 04/14/25 Price Changed $675,000 -6.9% $239 / Sq Ft
02/27/2025 02/27/25 For Sale $725,000 0.0% $257 / Sq Ft
09/01/2022 09/01/22 Rented $5,000 0.0% --
08/02/2022 08/02/22 Under Contract -- -- --
06/28/2022 06/28/22 For Rent $5,000 -28.6% --
02/01/2022 02/01/22 Rented $7,000 +55.6% --
01/02/2022 01/02/22 Under Contract -- -- --
11/30/2021 11/30/21 For Rent $4,500 +104.5% --
03/01/2019 03/01/19 Rented $2,200 -25.4% --
01/30/2019 01/30/19 Under Contract -- -- --
12/07/2018 12/07/18 For Rent $2,950 -- --
Source: Palm Beach Board of REALTORS®

Deed History

Date Type Sale Price Title Company
Quit Claim Deed -- None Available
Interfamily Deed Transfer -- --
Warranty Deed $380,000 Palm Beach Land Title Corp
Corporate Deed $379,900 Trans State Title Insurance
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Previous Owner $342,000 Fannie Mae Freddie Mac
Source: Public Records

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Source: Palm Beach Board of REALTORS®

MLS Number: 25-378

APN: 74-43-43-17-28-001-5010

Florida Palm Beach County West Palm Beach 33401 Banyan Cay

1640 Presidential Way Unit 501, West Palm Beach, FL

Homes for Sale in West Palm Beach, FL

This home is located at 1640 Presidential Way Unit 501, West Palm Beach, FL 33401 and is currently priced at $675,000, approximately $239 per square foot. This property was built in 2004. 1640 Presidential Way Unit 501 is a home located in Palm Beach County with nearby schools including Roosevelt Elementary School, Roosevelt Middle School, and Palm Beach Lakes Community High School.

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Listing Agent
Mark Syben
Section Image
Brown Harris Stevens of Palm Beach 7232
(561) 464-4320