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$675,000

Beds
3
Baths
3.0
sq ft
2,588

2427 Presidential Way Unit 704, West Palm Beach, FL 33401

2427 Presidential Way Unit 704

West Palm Beach, FL 33401

  • 142 days on market
🏡 $5,000 Credit for Buyer Closing! 🏡Experience luxury living in one of the largest condos in West Palm BeachA stunning 3-bedroom, 3-bathroom corner unit with over 3,000 sq. ft. of interior and exterior living space.✨ High-impact views from every room✨ Floor to ceiling windows that provide abundant natural sunlight with gorgeous sunrises and sunsets✨ Refreshment/Cocktail bar, premium tile floors & beautifully upgraded kitchen & bathrooms✨ Wraparound balcony (accessible from all rooms) for seamless Florida living✨ Gated community & Door Attendant at Building for convenience & security✨Covered Assigned Parking near Lobby Entrance✨ Available fully furnished with luxury furniture, accents & artwork

Details

Property type

Condominium

Est. home value

$777,348

Lot size

Unknown

Price per sq ft

$261

Year built

1982

Annual property taxes

$8,214

Monthly HOA fee

$1,973

Price History

11/11/2024
Beaches

Beaches #R11035880

Listed
$675,000
-4.8%
10/10/2024
Beaches

Beaches #R10977965

Removed
$709,000
09/04/2024
Beaches

Beaches #R10977965

Price change
$709,000
-4.06%

Schools & Community

Elementary school: 

Unknown

Middle school: 

Unknown

High school: 

Unknown

Community features: 

Pool, Gated

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

$328,083
Asking price
$675,000
Closing costs (~8% of asking)
-$54,000
Est. remaining loan balance
-$292,917
Cash to seller
$328,083

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

Seller’s Loan History

Lender

Cardinal Financial Company Lp

Loan start date

July 2021

Original loan amount

$318,500

Est. remaining balance

$292,917

Interest rate

2.95%

Loan type

New Conventional, 30 year

Seller

Paul Mihranian

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: 04/01/2025 at 10:20 PM

Listing updated: 03/06/2025 at 4:50 PM

Listed by: Hector Vazquez, Premier Brokers International Phone #: (561) 855-6179

MLS: Beaches #R11035880

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