tomo logo

$295,000

Beds
2
Baths
2.0
sq ft
1,206

2400 Presidential Way Unit 1006, West Palm Beach, FL 33401

2400 Presidential Way Unit 1006

West Palm Beach, FL 33401

  • 210 days on market
    • Price drop $30,000↓
New on market 2/2 unit with, with some furnishings available and great views from both balconies on this great corner unit with desirable Southern views on the10th floor. Clean and bright spaces with neutral decor and ready for fast move in for buyer. Unit has great open kitchen in this safe and secure high-rise doorman building, with an onsite manager in this well-known and sought after 24 hour gated community, Lands of the President. This condo over looks the Jack Nicklaus Banyan Cay Golf course currently under extensive and beautiful updating and renovation. Owner also has one covered parking and guest parking for building. Kitchen has granite counters, stainless steel Appliances. Master has spacious Walk-In Closet & private balcony. Building has swimming pool, gym and card room

Details

Property type

Condominium

Est. home value

$318,970

Lot size

Unknown

Price per sq ft

$245

Year built

1972

Annual property taxes

$3,937

Monthly HOA fee

$1,373

Price History

10/16/2024
Beaches

Beaches #R10981953

Price change
$295,000
-9.23%
06/14/2024
Beaches

Beaches #R10981953

Price change
$325,000
-7.12%
05/22/2024
Beaches

Beaches #R10981953

Price change
$349,900
-7.92%

Schools & Community

Elementary school: 

Unknown

Middle school: 

Unknown

High school: 

Unknown

Community features: 

Gated, Street Lights

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

$114,892
Asking price
$295,000
Closing costs (~8% of asking)
-$23,600
Est. remaining loan balance
-$156,508
Cash to seller
$114,892

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

Seller’s Loan History

Lender

First Republic Bank

Loan start date

June 2021

Original loan amount

$168,750

Est. remaining balance

$156,508

Interest rate

2.96%

Loan type

New Conventional, 30 year

Seller

Matthew Pecoraro and Hans Kraenzlein

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: 11/22/2024 at 4:40 PM

Listing updated: 10/16/2024 at 2:15 PM

Listed by: Peter D. Burt LLC, Douglas Elliman Phone #: (561) 655-8600

MLS: Beaches #R10981953

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