tomo logo

$189,000

Beds
1
Baths
1.5
sq ft
894

2425 Presidential Way Unit 1805, West Palm Beach, FL 33401

2425 Presidential Way Unit 1805

West Palm Beach, FL 33401

  • 174 days on market
    • Price drop $10,000↓
New and Improved Price!! Please provide a 24-hour notice as the residence is tenant-occupied. This 1-bed, 1.5 bath property features a private balcony with a captivating 180-degree view of West Palm Beach and the golf course. Updated kitchen with white cabinetry, quartz counters, and stainless steel appliances. The Jefferson Tower provides security, a doorman, heated pool, fitness and social rooms, on-site management, and reserved parking.In The Lands of the President, a gated community with 24/7 security, it's near Palm Beach Outlets, dining, Whole Foods, Target, PBI Airport, Route I95, beaches, Kravis, and The Square Downtown West Palm Beach. Investor-friendly with a tenant until October 2024; owners have cleared association assessments. Lastly, the owners have paid in full their assoc

Details

Property type

Condominium

Est. home value

$198,253

Lot size

Unknown

Price per sq ft

$212

Year built

1974

Annual property taxes

$3,252

Monthly HOA fee

$805

Price History

07/09/2024
Beaches

Beaches #R10957281

Price change
$189,000
-5.03%
04/26/2024
Beaches

Beaches #R10957281

Price change
$199,000
-13.1%
02/05/2024
Beaches

Beaches #R10957281

Listed
$229,000
+34.71%

Schools & Community

Elementary school: 

Unknown

Middle school: 

Unknown

High school: 

Unknown

Community features: 

Gated

Number of units in community: 

1000

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

$82,779
Asking price
$189,000
Closing costs (~8% of asking)
-$15,120
Est. remaining loan balance
-$91,101
Cash to seller
$82,779

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

Seller’s Loan History

Lender

Suntrust Bank

Loan start date

November 2018

Original loan amount

$101,250

Est. remaining balance

$91,101

Interest rate

4.6%

Loan type

New Conventional, 30 year

Seller

Henry A Guerrero and Annika Marschall

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: 07/28/2024 at 5:25 PM

Listing updated: 07/09/2024 at 11:08 PM

Listed by: Julidiris Then, Century 21 Tenace Realty Phone #: (561) 740-2100

MLS: Beaches #R10957281

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