tomo logo

$359,900

Beds
2
Baths
2.0
sq ft
1,294

2400 Presidential Way Unit 503, West Palm Beach, FL 33401

2400 Presidential Way Unit 503

West Palm Beach, FL 33401

  • 90 days on market
Discover this upgraded 2 bed, 2 bath gem at Lands of the President! Featuring elegant stone countertops, revamped ceilings, and a chic modern backsplash, all complemented by stylish wooden floors that exude a coastal vibe. Over $20,000 in recent improvements that include paint, shutters, crown molding, closet inserts, custom mirrors, and more. Unwind on the open balcony with serene pool views. The secured building offers top-notch amenities, including a heated pool, gym, 24-hour security, game room, and more. Ideally located near the beach, golf courses, nature centers, Palm Beach Int. Airport, and more, this is your perfect spot for South Florida living! Special assessment has been paid in full by owner.

Details

Property type

Condominium

Est. home value

$308,478

Lot size

Unknown

Price per sq ft

$279

Year built

1972

Annual property taxes

$3,530

Monthly HOA fee

$1,373.33

Price History

08/28/2024
Beaches

Beaches #F10458682

Listed
$359,900
+12.47%
08/07/2024
Beaches

Beaches #F10434263

Removed
$320,000
06/27/2024
Beaches

Beaches #F10434263

Price change
$320,000
-11.11%

Schools & Community

Elementary school: 

Unknown

Middle school: 

Unknown

High school: 

Unknown

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

$255,898
Asking price
$359,900
Closing costs (~8% of asking)
-$28,792
Est. remaining loan balance
-$75,210
Cash to seller
$255,898

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

Seller’s Loan History

Lender

Jpmorgan Chase Bank Na

Loan start date

November 2020

Original loan amount

$98,000

Est. remaining balance

$75,210

Interest rate

2.4%

Loan type

New Conventional, 15 year

Seller

Jairo Nieto and Deyalma Nanez

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: 11/25/2024 at 7:15 PM

Listing updated: 10/28/2024 at 12:20 PM

Listed by: Joshua Mendel, One Sotheby's Int'l Realty Phone #: (954) 522-2831

MLS: Beaches #F10458682

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