tomo logo

$350,000

Beds
3
Baths
2.0
sq ft
1,499

2400 Presidential Way Unit 201, West Palm Beach, FL 33401

2400 Presidential Way Unit 201

West Palm Beach, FL 33401

  • 178 days on market
    • Price drop $20,000↓
Welcome To The Warm Coastal Vibes Of This Beautifully Updated & Renovated 3 Bed/2 Bath Spacious End-Unit Overlooking Banyan Cay Golf & Hotel Resort w/Signature Jack Nicklaus Golf Course!! The Kitchen Has Been Completely Reconfigured & Opened Up For That Wonderful Open-Concept Living & Dining Experience, Allowing For More Cabinet & Countertop Space As Well As Bar Seating For Entertainment. Gorgeous Updated Kitchen w/Marble Countertops, In-Lay Patterned Subway Tiles, S/S Appliances, & In-Unit W/D Combo Only 1 Year Old. New Tile Flooring Throughout the Kitchen, Main Living Area & 3rd Bedroom. Stunning Wet Bar w/Subway Tile Backsplash & Recessed Lighting. 3rd Bedroom Has Been Enclosed w/Charming Barn Doors, Great For A Den/Office/Guests & Provides Ultimate Privacy. New Lighting & Ceiling Fans

Details

Property type

Condominium

Est. home value

$323,769

Lot size

Unknown

Price per sq ft

$234

Year built

1972

Annual property taxes

$4,279

Monthly HOA fee

$1,567

Price History

05/13/2024
Beaches

Beaches #R10977882

Price change
$350,000
-5.41%
04/27/2024
Beaches

Beaches #R10977882

Price change
$370,000
-2.63%
04/13/2024
Beaches

Beaches #R10977882

Listed
$380,000
+146.75%

Schools & Community

Elementary school: 

Unknown

Middle school: 

Unknown

High school: 

Unknown

Community features: 

Pool, Gated, Street Lights, 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

$82,833
Asking price
$350,000
Closing costs (~8% of asking)
-$28,000
Est. remaining loan balance
-$239,167
Cash to seller
$82,833

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

Seller’s Loan History

Lender

United Wholesale Mortgage

Loan start date

June 2022

Original loan amount

$247,500

Est. remaining balance

$239,167

Interest rate

5.1%

Loan type

New Conventional, 30 year

Seller

Teresa Esposito and Anthony Connor

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: 10/07/2024 at 8:35 PM

Listing updated: 09/30/2024 at 5:12 PM

Listed by: Jada Reed, Continental Properties, Inc. Phone #: (561) 689-4766

MLS: Beaches #R10977882

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