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$419,000

Beds
3
Baths
2.0
sq ft
1,638

1640 Presidential Way Unit 105, West Palm Beach, FL 33401

1640 Presidential Way Unit 105

West Palm Beach, FL 33401

  • 73 days on market
    • Price drop $10,000↓
Experience luxury-living in this fully renovated 3-bed, 2-bath gated condo with a manned entrance. Enjoy brand-new flooring and an open-concept living space achieved by removing a wall found in other units. The remodeled kitchen boasts new cabinetry, high-end finishes, and an open layout ideal for entertaining.Both bathrooms are meticulously updated; the master features an oversized shower that uniquely includes a bathtub within the shower. Thoughtful details and amazing finishes abound.Directly across from the new Outlet Mall--with more stores coming--you'll enjoy shopping at your doorstep. Just minutes from I-95, the airport, Downtown CityPlace, and the beach, this condo offers unparalleled convenience and a luxurious lifestyle in one of the most sought-after locations.

Details

Property type

Condominium

Est. home value

$313,406

Lot size

Unknown

Price per sq ft

$256

Year built

2004

Annual property taxes

$4,941

Monthly HOA fee

$682

Price History

12/02/2024
Beaches

Beaches #R11028460

Price change
$419,000
-2.33%
10/14/2024
Beaches

Beaches #R11028460

Listed
$429,000
+51.59%
07/19/2024
Beaches

Beaches #R10911351

Sold
$283,000
-2.38%

Schools & Community

Elementary school: 

Unknown

Middle school: 

Unknown

High school: 

Unknown

Community features: 

Pool, Clubhouse, Golf, Gated

Negotiation Insights

Before you make an offer, understand who you are negotiating with so you can tailor your negotiation strategy to their situation.

Seller could get up to

$174,349
Asking price
$419,000
Closing costs (~8% of asking)
-$33,520
Est. remaining loan balance
-$211,131
Cash to seller
$174,349

This is an estimate of how much the seller could receive at closing after paying off the outstanding mortgage.

Seller’s Loan History

Lender

Equity Prime Mortgage Llc

Loan start date

April 2022

Original loan amount

$247,000

Est. remaining balance

$211,131

Interest rate

3.14%

Loan type

New Conventional, 15 year

Seller

Onur Ozzeybek and Paula Bressani Mesa

Source: Public records data

If you're the owner, you can request to remove loan details. Email listingsupport@tomo.com

How insights can help you

Interest rate

If the seller has a low interest rate, they may be tempted to rent the property out if they can't get the price they have in mind.

Motivation

If the seller already got a job in a different city, they may feel pressure to sell quickly to free up cash for a new home.

Equity

If the seller stands to receive a large amount of cash when they sell the property, they might be willing to negotiate on the offer price.

Interested in learning more?

Status: Active

Tomo last checked: 12/26/2024 at 10:30 AM

Listing updated: 12/10/2024 at 12:56 PM

Listed by: David Jacques Rouche, One Sotheby's International Realty Phone #: (561) 997-7227

MLS: Beaches #R11028460

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