$125,500
$54K PRICE DROP

470 Executive Center Dr Unit 22 West Palm Beach, FL 33401

Banyan Cay Neighborhood

Estimated payment $1,392/month

Total Views 2,817
1 Bed
1 Bath
704 Sq Ft
$178 Price per Sq Ft

Highlights

  • Lake Front
  • Gated Community
  • Sauna
  • Fitness Center
  • Clubhouse
  • Community Pool

About This Home

Price Reduced! Exclusive LAKE VIEW unit at Breakwater near downtown West Palm Beach. Seller offering $1,000 credit to the buyer at closing with full price offer-perfect for closing costs or rate buy-down. This all age community boasts location, value and views. Take the elevator up to the 2nd floor, unit 2B, and enter your move-in ready 1-bedroom 1-bathroom condo with epic views of Clear Lake and the West Palm Beach city skyline from your private balcony! Kitchen has granite countertops, modern cabinetry, and a convenient pass-thru. Plantation shutters, a spacious walk-in closet, and wood laminate flooring. Pet friendly, 1 dog or 1 cat <20lbs. Breakwater community amenities include; pool, sauna, tennis courts, BBQ area, clubhouse, car wash area & gym. Minutes to everything!

Listing Agent

Jeff Skulnik

Sutter & Nugent LLC License #3319745

Sutter & Nugent LLC

Co-Listing Agent

Wendy Skulnik

Sutter & Nugent LLC License #3526676

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $2,054

Year Built

  • Built in 1979

Lot Details

  • Lake Front

HOA Fees

  • $520 Monthly HOA Fees

Home Design

  • Composition Roof

Interior Spaces

  • 704 Sq Ft Home
  • Ceiling Fan
  • Plantation Shutters
  • Combination Dining and Living Room
  • Lake Views
  • Security Gate

Kitchen

  • Electric Range
  • Microwave
  • Dishwasher
  • Disposal

Flooring

  • Laminate
  • Tile

Bedrooms and Bathrooms

  • 1 Bedroom
  • Walk-In Closet
  • 1 Full Bathroom

Parking

  • Guest Parking
  • Assigned 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
  • Municipal Trash
  • Cable TV Available

Listing and Financial Details

  • Assessor Parcel Number 74434320020020022
  • Seller Considering Concessions

Community Details

Overview

  • Association fees include management, common areas, insurance, laundry, ground maintenance, maintenance structure, parking, pool(s), recreation facilities, roof, security, water
  • 210 Units
  • High-Rise Condominium
  • Breakwaters Of The Palm B Subdivision
  • 5-Story Property

Amenities

  • Sauna
  • Clubhouse
  • Community Library
  • Laundry Facilities
  • Elevator
  • Community Storage Space

Recreation

  • Tennis Courts
  • Shuffleboard Court
  • Fitness Center
  • Community Pool
  • Trails

Security

  • Resident Manager or Management On Site
  • Card or Code Access
  • Phone Entry
  • Gated Community
  • Fire and Smoke Detector

Property Details

Home Type

Condominium

Est. Annual Taxes

$2,054

Year Built

Built in 1979

Lot Details

0

HOA Fees

$520 per month

Listing Details

  • Prop. Type: Residential
  • Property Sub Type: Condominium
  • Property Sub Type Additional: Condominium
  • Directions: Congress Ave North of Okeechobee Blvd., Turn right onto Executive Center Dr. Breakwaters is on the left side, 1 block up.
  • Year Built: 1979
  • Architectural Style: High Rise
  • Entry Level: 2
  • Unit Levels: Three Or More
  • Year Built Details: Resale
  • Special Features: VirtualTour

Interior Features

  • Interior Amenities: Living/Dining Room, Tub Shower, Walk-In Closet(s)
  • Furnished: Unfurnished
  • Appliances: Dishwasher, Electric Range, Electric Water Heater, Disposal, Microwave, Refrigerator
  • Full Bathrooms: 1
  • Total Bedrooms: 1
  • Flooring: Laminate, Tile
  • Living Area: 704.0
  • Dining Room Type: Storage Room
  • Stories: 5
  • Window Features: Plantation Shutters

Exterior Features

  • Exterior Features: Balcony
  • View: Lake, Water
  • 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
  • Roof: Composition

Garage/Parking

  • Garage Yn: No
  • Parking Features: Assigned, Guest

Utilities

  • Laundry Features: Common Area
  • Security: Security Gate, Key Card Entry, Phone Entry, Smoke Detector(s)
  • 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: 520.0
  • Community Features: Clubhouse, Gated, Property Manager On-Site, Pool, Sauna, Shuffleboard, Sidewalks, Tennis Court(s)
  • Senior Community: No
  • Amenities: Clubhouse, Fitness Center, Laundry, Library, Management, Pool, Shuffleboard Court, Sauna, Storage, Tennis Court(s), Trail(s), Trash, Elevator(s)
  • Association Fee Frequency: Monthly
  • Association: Yes

Fee Information

  • Association Fee Includes: Association Management, Common Areas, Insurance, Laundry, Maintenance Grounds, Maintenance Structure, Parking, Pool(s), Recreation Facilities, Roof, Security, Water

Schools

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

Lot Info

  • Parcel #: 74434320020020022
  • Lot Size: West of US-1
  • Zoning Description: MF32(c

Tax Info

  • Tax Year: 2023
  • Tax Annual Amount: 2054.0

Multi Family

  • Number Of Units In Community: 210

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 $2,178 $87,181 -- --
2023 $2,054 $79,255 $0 $0
2022 $1,859 $72,050 $0 $0
2021 $1,620 $65,500 $0 $65,500
2020 $1,600 $65,500 $0 $65,500
2019 $1,523 $64,500 $0 $64,500
2018 $1,313 $57,500 $0 $57,500
2017 $1,166 $47,500 $0 $0
2016 $1,187 $47,500 $0 $0
2015 $122 $20,290 $0 $0
2014 $125 $20,129 $0 $0
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/23/2025 04/23/25 Price Changed $125,500 -7.0% $178 / Sq Ft
03/14/2025 03/14/25 Price Changed $135,000 -15.1% $192 / Sq Ft
02/25/2025 02/25/25 Price Changed $159,000 -5.9% $226 / Sq Ft
01/30/2025 01/30/25 Price Changed $169,000 -3.4% $240 / Sq Ft
01/08/2025 01/08/25 Price Changed $175,000 -2.2% $249 / Sq Ft
10/28/2024 10/28/24 For Sale $179,000 0.0% $254 / Sq Ft
07/07/2023 07/07/23 Rented $1,700 0.0% --
07/03/2023 07/03/23 Under Contract -- -- --
06/14/2023 06/14/23 For Rent $1,700 -- --
Source: BeachesMLS

Deed History

Date Type Sale Price Title Company
Warranty Deed $110,000 Universal Land Title Inc
Warranty Deed $18,000 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $110,000 Purchase Money Mortgage
Source: Public Records

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Source: BeachesMLS

MLS Number: R11032019

BeachesMLS

APN: 74-43-43-20-02-002-0022