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$579,000

Beds
3
Baths
3.5
sq ft
1,743

1950 Presidential Way Unit 11, West Palm Beach, FL 33401

1950 Presidential Way Unit 11

West Palm Beach, FL 33401

  • 72 days on market
**For Sale**Discover luxurious living in this elegant 3-bedroom, 3.5-bath townhome located in the exclusive gated community of Lands of the Presidents. This expansive home features a private elevator, a 2-car garage, and a bright, open main floor. The living area opens to a sunny terrace, perfect for relaxation or entertaining.The gourmet chef's kitchen boasts custom cabinetry, quartz countertops, and premium stainless steel appliances, offering both style and functionality.Ideally situated near fine dining, upscale shopping outlets, beautiful beaches, and vibrant downtown, this townhome provides both comfort and convenience. The neighborhood features a well-maintained community pool.Don't miss this rare opportunity!

Details

Property type

Condominium

Est. home value

$598,180

Lot size

Unknown

Price per sq ft

$333

Year built

2006

Annual property taxes

$9,616

Monthly HOA fee

$1,000

Price History

10/15/2024
Beaches

Beaches #R11028798

Listed
$579,000
-3.34%
06/06/2022
Beaches

Beaches #R10788073

Sold
$599,000
+59.73%
01/18/2022
Beaches

Beaches #R10757727

Sold
$375,000

Schools & Community

Elementary school: 

Unknown

Middle school: 

Unknown

High school: 

Unknown

Community features: 

Pool, Gated, Sidewalks

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

$25,105
Asking price
$579,000
Closing costs (~8% of asking)
-$46,320
Est. remaining loan balance
-$507,575
Cash to seller
$25,105

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

Seller’s Loan History

Lender

Everett Financial Inc

Loan start date

June 2022

Original loan amount

$527,400

Est. remaining balance

$507,575

Interest rate

5.11%

Loan type

New Conventional, 30 year

Seller

Samuel A Jimenez

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?

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Status: Active

Tomo last checked: 12/26/2024 at 10:25 AM

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

Listed by: Sharon Loayza, Douglas Elliman (Wellington) Phone #: (561) 653-6195

MLS: Beaches #R11028798

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