$573,816
$25K PRICE DROP

2427 Presidential Way Unit 701 West Palm Beach, FL 33401

Banyan Cay Neighborhood

Estimated payment $5,364/month

Total Views 1,855
2 Beds
2 Baths
2,144 Sq Ft
$268 Price per Sq Ft

Highlights

  • Doorman
  • Fitness Center
  • Marble Flooring
  • Lake Front
  • Gated with Attendant
  • Community Pool

About This Home

Welcome to your own piece of Paradise! This luxurious unit, offers high-in-the-sky panoramic & endless unobstructed views of the world class Jack Nicklaus designed golf course, water & sunset. Enjoy it all from your 644sf wrap-around balcony! This corner condo also has wrap-around floor-to-ceiling impact sliding windows, allowing for plenty of natural light. Just shy of 2,200 sf. of open space, formal dinning, and kitchen w/ all newer appliances, morning dining area. This is the perfect space for entertaining & to appreciate the beauty of Palm Beach. The master wing, offers a large & ultra-private space w/ 2 walk-in closets, spa bath w/ jetted tub, separate shower, and dual sinks. Laundry room with full size newer W&D. Newer A/C & HWH. Only 4 units per floor for additional privacy.

Listing Agent

Marcio Dias

Sterling Real Estate Group LLC License #3382910

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $9,207

Year Built

  • Built in 1982

Lot Details

  • Lake Front

HOA Fees

  • $1,400 Monthly HOA Fees

Property Views

  • Lake
  • Golf Course

Interior Spaces

  • 2,144 Sq Ft Home
  • Custom Mirrors
  • Bar
  • Family Room
  • Formal Dining Room
  • Open Floorplan

Kitchen

  • Electric Range
  • Microwave
  • Ice Maker
  • Dishwasher

Flooring

  • Carpet
  • Marble

Bedrooms and Bathrooms

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

Laundry

  • Laundry Room
  • Dryer
  • Washer

Home Security

Parking

  • Detached Garage
  • Detached Carport Space

Utilities

  • Central Heating and Cooling System
  • Municipal Trash
  • Cable TV Available

Listing and Financial Details

  • Assessor Parcel Number 74434318080000701
  • Seller Considering Concessions

Community Details

Overview

  • Association fees include common areas, cable TV, insurance, maintenance structure, pest control, pool(s), reserve fund, sewer, trash, water
  • Lands Of The President Subdivision
  • 12-Story Property

Amenities

  • Doorman
  • Bike Room

Recreation

  • Fitness Center
  • Community Pool
  • Community Spa
  • Park

Pet Policy

  • Pets Allowed

Security

  • Gated with Attendant
  • Resident Manager or Management On Site
  • Fire and Smoke Detector

Property Details

Home Type

Condominium

Est. Annual Taxes

$9,207

Year Built

Built in 1982

Lot Details

0

HOA Fees

$1,400 per month

Listing Details

  • Prop. Type: Residential
  • Property Sub Type: Condominium
  • Property Sub Type Additional: Condominium
  • Directions: 95, East on Palm Beach Lakes East, to Congress. North on Congress to Presidential way. Turn right on Presidential Way and proceed to the guard house. Drive to 2427 Parliament Building, on the left.
  • Year Built: 1982
  • Carport Y N: Yes
  • Entry Level: 7
  • Year Built Details: Resale
  • Special Features: VirtualTour

Interior Features

  • Interior Amenities: Dining Area, Separate/Formal Dining Room, Dual Sinks, Kitchen/Dining Combo, Living/Dining Room, Custom Mirrors, Pantry, Split Bedrooms, Separate Shower, Bar, Walk-In Closet(s)
  • Furnished: Unfurnished
  • Spa Features: Community
  • Appliances: Dryer, Dishwasher, Electric Range, Ice Maker, Microwave, Refrigerator, Washer
  • Full Bathrooms: 2
  • Total Bedrooms: 2
  • Flooring: Carpet, Marble
  • Living Area: 2144.0
  • Dining Room Type: Family Room, Laundry
  • Stories: 12

Exterior Features

  • View: Golf Course, Lake
  • Pool Features: None, Association, Community
  • View: Yes
  • Waterfront Features: Lake Front
  • Waterfront: Yes
  • Construction Type: Block
  • Property Condition: Resale

Garage/Parking

  • Attached Garage: No
  • Garage Yn: No
  • Parking Features: Detached Carport, Detached, Garage

Utilities

  • Security: Door Man, Gated with Guard, Smoke Detector(s)
  • 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: 1400.0
  • Community Features: Gated, Park, Property Manager On-Site, Pool
  • Senior Community: No
  • Amenities: Bike Storage, Fitness Center, Management, Pool, Spa/Hot Tub, Trash
  • Association Fee Frequency: Monthly
  • Association: Yes
  • Pets Allowed: Yes

Fee Information

  • Association Fee Includes: Common Areas, Cable TV, Insurance, Maintenance Structure, Pest Control, Pool(s), Reserve Fund, Sewer, Trash, Water

Lot Info

  • Parcel #: 74434318080000701
  • Zoning Description: MF32

Tax Info

  • Tax Year: 2024
  • Tax Annual Amount: 9207.0

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

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 $9,207 $440,000 -- --
2023 $9,268 $440,000 $0 $440,000
2022 $5,765 $264,000 $0 $0
2021 $4,393 $193,000 $0 $193,000
2020 $5,248 $230,000 $0 $230,000
2019 $6,186 $270,000 $0 $270,000
2018 $4,130 $220,000 $0 $220,000
2017 $3,800 $200,000 $0 $0
2016 $3,566 $139,150 $0 $0
2015 $3,327 $126,500 $0 $0
2014 $2,801 $115,000 $0 $0
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/19/2025 04/19/25 Price Changed $573,816 -0.2% $268 / Sq Ft
03/08/2025 03/08/25 Price Changed $574,816 -3.9% $268 / Sq Ft
02/06/2025 02/06/25 Price Changed $598,162 -0.1% $279 / Sq Ft
12/07/2024 12/07/24 For Sale $599,000 +172.3% $279 / Sq Ft
03/22/2021 03/22/21 Sold $220,000 -26.4% $103 / Sq Ft
02/20/2021 02/20/21 Pending -- -- --
02/13/2020 02/13/20 For Sale $299,000 -- $139 / Sq Ft
Source: BeachesMLS

Deed History

Date Type Sale Price Title Company
Quit Claim Deed $150,333 Amrock
Warranty Deed $215,000 Attorney
Deed Of Distribution -- Attorney
Interfamily Deed Transfer -- Attorney
Interfamily Deed Transfer -- Attorney
Interfamily Deed Transfer -- --
Warranty Deed $200,000 --
Quit Claim Deed $150,333 Amrock
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $390,000 New Conventional
Closed $254,100 New Conventional
Previous Owner $150,000 Commercial
Source: Public Records

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Source: BeachesMLS

MLS Number: R11042236

BeachesMLS

APN: 74-43-43-18-08-000-0701