$675,000
SOLD FEB 26, 2025

2427 Presidential Way Unit 1203 West Palm Beach, FL 33401

Banyan Cay Neighborhood
2 Beds
2 Baths
2,219 Sq Ft
$1,711/mo HOA Fee

Recently Sold

$304 Per Sq Ft

19% Below List Price

307 Days on Market

Highlights

  • Lake Front
  • Gated Community
  • Breakfast Area or Nook
  • Fitness Center
  • Community Pool
  • Elevator

About This Home

As of February 2025

The Best in the Building with the most Coveted View of Dutchman's Pipe golf course, lake and skyline! This 2 bedroom/ 2 bath corner unit exudes both luxury and comfort. A full rejuvenation of this large condominium home was recently completed with new flooring, open kitchen, custom cabinetry, top-of-the-line appliances and quartz countertops. Separate refrigeration to house your wine collection (73 bottles). Primary suite has two custom walk-in closets, a private bath containing a free standing tub, rain shower with body jets and dual vanities. Your guests will not languish either in their beautiful bedroom and bath. Hurricane impact windows. The Parliament is a boutique, well managed condominium with a manned desk, fitness center and pool. Owner occupied association. No Lease please.

Last Agent to Sell the Property

Frank Forlini

Donohue Real Estate Palm Beach License #3276131

Donohue Real Estate Palm Beach

Co-Listed By

James L Hicks III, P.A.

Donohue Real Estate, LLC License #3351122

Last Buyer's Agent

Adam Levitt

The Corcoran Group License #3519739

The Corcoran Group

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $8,889

Year Built

  • Built in 1982

Lot Details

  • Lake Front

HOA Fees

  • $1,711 Monthly HOA Fees

Interior Spaces

  • 2,219 Sq Ft Home
  • Wet Bar
  • Furnished or left unfurnished upon request
  • Ceiling Fan
  • Sliding Windows
  • Combination Dining and Living Room
  • Tile Flooring
  • Lake Views

Kitchen

  • Breakfast Area or Nook
  • Built-In Oven
  • Cooktop
  • Microwave
  • Ice Maker
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 2 Bedrooms
  • Split Bedroom Floorplan
  • Closet Cabinetry
  • Walk-In Closet
  • 2 Full Bathrooms
  • Dual Sinks
  • Separate Shower in Primary Bathroom

Laundry

  • Laundry Room
  • Washer and Dryer

Home Security

Parking

  • Detached Garage
  • Assigned Parking

Outdoor Features

  • Balcony
  • Open Patio

Utilities

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

Listing and Financial Details

  • Assessor Parcel Number 74434318080001203

Community Details

Overview

  • Association fees include management, common areas, cable TV, insurance, maintenance structure, parking, pest control, roof, sewer, security, trash, water
  • High-Rise Condominium
  • Parliament East Condo Subdivision
  • 12-Story Property

Amenities

  • Elevator

Recreation

  • Fitness Center
  • Community Pool
  • Community Spa

Security

  • Resident Manager or Management On Site
  • Gated Community
  • Impact Glass
  • Fire Sprinkler System

Property Details

Home Type

Condominium

Est. Annual Taxes

$8,889

Year Built

Built in 1982

Lot Details

0

HOA Fees

$1,711 per month

Listing Details

  • Prop. Type: Residential
  • Property Sub Type: Condominium
  • Property Sub Type Additional: Condominium
  • Directions: Congress Avenue to Presidential Way. Thru Guard Gate. Left at Golfview Villas to the Parliament East building.
  • Year Built: 1982
  • Architectural Style: High Rise
  • Entry Level: 12
  • Unit Levels: Three Or More
  • Year Built Details: Resale
  • Special Features: VirtualTour

Interior Features

  • Interior Amenities: Wet Bar, Breakfast Area, Closet Cabinetry, Dual Sinks, Living/Dining Room, Pantry, Split Bedrooms, Separate Shower, Walk-In Closet(s)
  • Furnished: Negotiable
  • Spa Features: Community
  • Appliances: Built-In Oven, Cooktop, Dryer, Dishwasher, Electric Water Heater, Disposal, Ice Maker, Microwave, Refrigerator, Washer/Dryer, Washer
  • Full Bathrooms: 2
  • Total Bedrooms: 2
  • Flooring: Tile
  • Living Area: 2219.0
  • Dining Room Type: Laundry
  • Stories: 12
  • Window Features: Impact Glass, Sliding

Exterior Features

  • Exterior Features: Balcony
  • View: Lake
  • Pool Features: None, Association, Community
  • View: Yes
  • Waterfront Features: Lake Front
  • Waterfront: Yes
  • Construction Type: Block
  • Patio And Porch Features: Balcony, Open
  • Property Condition: Resale

Garage/Parking

  • Attached Garage: No
  • Garage Yn: No
  • Parking Features: Assigned, Covered, Detached, Garage

Utilities

  • Security: Fire Sprinkler System
  • Cooling: Central Air, Ceiling Fan(s), Electric
  • Cooling Y N: Yes
  • Heating: Central, Electric
  • Heating Yn: Yes
  • Sewer: Public Sewer
  • Utilities: Cable Available, Electricity Available, Sewer Available, Water Available
  • Water Source: Public

Condo/Co-op/Association

  • Association Fee: 1711.0
  • Community Features: Gated, Property Manager On-Site, Pool, Sidewalks
  • Senior Community: No
  • Amenities: Fitness Center, Management, Pool, Spa/Hot Tub, Trash, Elevator(s)
  • Association Fee Frequency: Monthly
  • Association: Yes

Fee Information

  • Association Fee Includes: Association Management, Common Areas, Cable TV, Insurance, Maintenance Structure, Parking, Pest Control, Roof, Sewer, Security, Trash, Water

Lot Info

  • Parcel #: 74434318080001203
  • Zoning Description: MF32(c

Tax Info

  • Tax Year: 2023
  • Tax Annual Amount: 8889.0

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

Property History

Date Event Price Change Sq Ft Price
02/26/2025 02/26/25 Sold $675,000 -13.4% $304 / Sq Ft
01/07/2025 01/07/25 Price Changed $779,000 -2.5% $351 / Sq Ft
12/18/2024 12/18/24 Price Changed $799,000 -3.6% $360 / Sq Ft
10/25/2024 10/25/24 For Sale $829,000 +22.8% $374 / Sq Ft
10/23/2024 10/23/24 Off Market $675,000 -- --
09/09/2024 09/09/24 Price Changed $829,000 -2.4% $374 / Sq Ft
09/06/2024 09/06/24 Price Changed $849,000 -3.4% $383 / Sq Ft
07/24/2024 07/24/24 Price Changed $879,000 -2.1% $396 / Sq Ft
06/08/2024 06/08/24 Price Changed $898,000 -5.4% $405 / Sq Ft
04/24/2024 04/24/24 For Sale $949,000 +137.3% $428 / Sq Ft
07/15/2021 07/15/21 Sold $400,000 -8.0% $187 / Sq Ft
06/15/2021 06/15/21 Pending -- -- --
06/06/2021 06/06/21 For Sale $435,000 +67.3% $203 / Sq Ft
11/20/2013 11/20/13 Sold $260,000 -11.9% $121 / Sq Ft
10/21/2013 10/21/13 Pending -- -- --
10/09/2013 10/09/13 For Sale $295,000 -- $138 / Sq Ft
Source: BeachesMLS

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 $4,808 $399,300 -- --
2023 $8,889 $363,000 $0 $0
2022 $7,156 $330,000 $0 $0
2021 $5,480 $243,000 $0 $243,000
2020 $6,036 $285,000 $0 $285,000
2019 $6,018 $323,000 $0 $323,000
2018 $5,140 $273,000 $0 $273,000
2017 $4,765 $253,000 $0 $0
2016 $4,371 $175,450 $0 $0
2015 $4,065 $159,500 $0 $0
2014 $3,499 $145,000 $0 $0
Source: Public Records

Deed History

Date Type Sale Price Title Company
Warranty Deed $675,000 Clear2close Title & Escrow
Warranty Deed $675,000 Clear2close Title & Escrow
Warranty Deed $400,000 First American Title Ins Co
Interfamily Deed Transfer -- Attorney
Warranty Deed $260,000 Attorney
Interfamily Deed Transfer -- Attorney
Warranty Deed -- --
Source: Public Records

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Source: BeachesMLS

MLS Number: R10981022

BeachesMLS

APN: 74-43-43-18-08-000-1203