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$265,000

Beds
2
Baths
2.0
sq ft
1,294

2425 Presidential Way Unit 404, West Palm Beach, FL 33401

2425 Presidential Way Unit 404

WEST PALM BEACH, FL 33401

  • 284 days on market
Your oasis awaits in this beautiful 2-bed, 2-bath condo with breathtaking views of Lake Mangonia and the Banyan Cay Jack Nicklaus Signature golf course. Bathed in natural light, each room opens to a private balcony. Move-in ready, the condo boasts a newly designed kitchen, stainless steel appliances, granite countertops, and tile flooring throughout. Enjoy amenities like a pool, fitness center, and social room in this prestigious gated community with 24/7 security. Perfectly located just minutes from Palm Beach Airport, Palm Beach Outlets, shopping, dining, beaches, and downtown. Welcome to your ideal retreat!

Details

Property type

Condominium

Est. home value

$265,026

Lot size

Unknown

Price per sq ft

$205

Year built

1974

Annual property taxes

$2,900

Monthly HOA fee

$1,066.67

Price History

03/14/2024

FGCMLS #224024294

Listed
$265,000
+61.59%
03/22/2021
Beaches

Beaches #R10655587

Sold
$164,000
+51.85%
11/19/2014
Beaches

Beaches #R10036693

Sold
$108,000

Schools & Community

Elementary school: 

Unknown

Middle school: 

Unknown

High school: 

Unknown

Community features: 

Pool, Gated

Number of units in community: 

1

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

$123,757
Asking price
$265,000
Closing costs (~8% of asking)
-$21,200
Est. remaining loan balance
-$120,043
Cash to seller
$123,757

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

Seller’s Loan History

Lender

Truist Bank

Loan start date

March 2021

Original loan amount

$131,200

Est. remaining balance

$120,043

Interest rate

2.73%

Loan type

New Conventional, 30 year

Seller

Madeline Amelia Ruth

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: 12/22/2024 at 8:35 PM

Listing updated: 09/30/2024 at 3:10 PM

Listed by: Danielle Ruth, RE/MAX Gulf Coast Living Phone #: (239) 693-1959

MLS: FGCMLS #224024294

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