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$379,000

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

  • 66 days on market
    • Price drop $20,000↓
MOTIVATED seller. Large 3 BEDROOMS of 1,700 sq ft with corner balconies with amazing GOLF and lake views. Totally remodeled over $120k just spent. NEW AC, white porcelain floors, kitchen, baths, appliances, paint. All brand new. All assessments have been fully paid. Building outside has just been painted and concrete restoration, new elevators, roof, etc for 40 year certification done. Thus you will have a brand new unit both inside unit and outside building. Not required to join Jack Niclaus Golf Club next door but easy access to play. Great pool on golf course. 1 mile to Bay and downtown West Palm Beach. 2 miles to Beaches and Worth Ave. Next door to great shopping of Tangier outlets and others. 24 hour guard gate and doorman. Can rent unit immediately. All brokers covered. EASY TO SHOW

Details

Property type

Condominium

Est. home value

$284,086

Lot size

Unknown

Price per sq ft

$270

Year built

1974

Annual property taxes

$3,831

Monthly HOA fee

$1,275

Price History

10/11/2024
SEF

SEF #A11661286

Price change
$379,000
-5.01%
09/17/2024
SEF

SEF #A11661286

Listed
$399,000
+110%
03/22/2024
SEF

SEF #A11450142

Sold
$190,000
+0.05%

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?

Status: Active

Tomo last checked: 11/22/2024 at 10:50 AM

Listing updated: 10/30/2024 at 2:55 PM

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

MLS: SEF #A11661286

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