tomo logo

$375,000

Beds
3
Baths
2.0
sq ft
1,404

2425 Presidential Way Unit 704, West Palm Beach, FL 33401

2425 Presidential Way Unit 704

West Palm Beach, FL 33401

  • 160 days on market
    • Price drop $900↓
BEST DEAL $100k below market. MOTIVATED seller. Live the rich and famous Palm Beach lifestyle at budget price. Totally remodeled over $120k just spent. Large 3 BEDROOMS of 1,700 sq ft with corner balconies with amazing GOLF and lake views. NEW AC, white porcelain floors, kitchen, baths, appliances, paint. All brand new. All assessments have been PAID in full. Building outside has just been painted with concrete restoration, new elevators, roof, etc. 40 year certification done. Thus you will have a brand new unit both inside unit and outside building. Great pool on Golf Course. 1 mile to Bay and downtown West Palm Beach. 2 miles to Beaches and Worth Ave. Next to great shopping of Tangier outlets mall. 24 hour guard gate. Can rent unit immediate. 2 parking spots. Pets allowed. EASY TO SHOW

Details

Property type

Condominium

Est. home value

$284,086

Lot size

Unknown

Price per sq ft

$268

Year built

1974

Annual property taxes

$3,831

Monthly HOA fee

$1,275

Price History

01/21/2025
SEF

SEF #A11661286

Price change
$375,000
-0.24%
01/20/2025
SEF

SEF #A11661286

Price change
$375,900
+7.4%
12/25/2024
SEF

SEF #A11661286

Price change
$349,999
-2.78%

Schools & Community

Elementary school: 

Unknown

Middle school: 

Unknown

High school: 

Unknown

Community features: 

Golf

Seller’s Loan History

Before you make an offer, understand who you are negotiating with so you can tailor your negotiation strategy to their situation.

Lender

James B Nutter & Co

Loan start date

November 2008

Original loan amount

$300,000

Est. remaining balance

Not provided

Interest rate

3.19%

Loan type

Reverse Mortgage (Home Equity Conversion Mortgage), 79 year

Seller

Gerald S Lesher

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?

Similar Homes Nearby

Beaches
$360,000
3 bd
|
2 ba
|
1,404 sq ft
|
Condo

2400 Presidential Way Unit 1804, West Palm Beach, FL 33401

Pending
Beaches
$415,000
3 bd
|
2 ba
|
1,612 sq ft
|
Condo

1731 Presidential Way Unit C104, West Palm Beach, FL 33401

Beaches
$350,000
3 bd
|
2 ba
|
1,499 sq ft
|
Condo

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

Status: Active

Tomo last checked: 02/24/2025 at 2:00 AM

Listing updated: 01/31/2025 at 1:05 PM

Listed by: Jorge Lora, Jorge Lora R.E. Broker Phone #: (786) 216-4377

MLS: SEF #A11661286

SEF logo