tomo logo

$565,000

Beds
3
Baths
3.0
sq ft
2,334

2450 Presidential Way Unit 705, West Palm Beach, FL 33401

2450 Presidential Way Unit 705

West Palm Beach, FL 33401

  • 294 days on market
    • Price drop $62,000↓
This 3 bedroom condo comes with an amazing view of the northeast and golf course. As you can see in the pictures this unit has been updated and is beautiful. But also the windows have been replaced with Hurricane impact windows as well as the sliders. So whether you are a seasonal owner or full time you have the piece of mind that this unit is secure from the elements. All three bathrooms have been upgraded as well as the kitchen. Definitely worth your time to see.

Details

Property type

Condominium

Est. home value

$568,990

Lot size

Unknown

Price per sq ft

$243

Year built

1984

Annual property taxes

$8,804

Monthly HOA fee

$1,573

Price History

03/01/2024
Beaches

Beaches #R10956754

Price change
$565,000
-9.89%
02/28/2024
Beaches

Beaches #R10956754

Price change
$627,000
-4.57%
02/02/2024
Beaches

Beaches #R10956754

Listed
$657,000
+35.46%

Schools & Community

Elementary school: 

Unknown

Middle school: 

Unknown

High school: 

Unknown

Community features: 

Clubhouse, Gated, Tennis Court(s)

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

$263,128
Asking price
$565,000
Closing costs (~8% of asking)
-$45,200
Est. remaining loan balance
-$256,672
Cash to seller
$263,128

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

Seller’s Loan History

Lender

E Mortgage Capital Inc

Loan start date

April 2022

Original loan amount

$269,500

Est. remaining balance

$256,672

Interest rate

3.92%

Loan type

New Conventional, 30 year

Seller

Larry Silverstein and Rebecca Keshmiri

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 4:45 PM

Listing updated: 09/30/2024 at 4:58 PM

Listed by: Cameron Berry, Saint Enterprises RE Invst Crp Phone #: (561) 603-8488

MLS: Beaches #R10956754

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