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Map
$233,956*
●
Condo -
Off Market
2425 Presidential Way #805
West Palm Beach, FL 33401
1 Bed
1.5 Baths,
1
Half Bath
898 Sqft
$207,000 - $251,000
Reference Base Price*
1.74%
Since May 1, 2023
National-US
Primary Model
About This Property
Centrally located 1 bedroom, 1 1/2 bathroom; overlooking the gulf
course, fully tiled unit in the heart of West Palm Beach. Resort
style setting without paying resort prices. Balcony overlooking the
golf course thus providing for quiet afternoon relaxation. Newer
kitchen with granite counter tops. Unit currently occupied.
Building located within close proximity to Palm Beach International
Airport, beaches, dining, shopping and the Downtown area. Balcony
has complete accordion shutters for additional protection and
security.
The manager has listed the unit size as 898 square feet.
The manager has listed the unit size as 898 square feet.
Unit Size
898Ft²
Days on Market
-
Land Size
-
Price per sqft
$256
Property Type
Condo
Property Taxes
$196
HOA Dues
$701
Year Built
-
Payment Calculator
Home Price
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%
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Cap Rate Calculator
Purchase Price
Monthly Property Taxes
Monthly Rental Income
Maintenance & HOA
Income
Per Year
Expenses
Per Year
Operating Profit
Per Year
Cap Rate
100% Occupancy
N/A (extreme outlier)
What does this mean?
Based on our analysis, the cap rate of this property is 1.25%. A negative cap rate indicates that the property might not be feasible as an income-producing asset. The median cap rate for a near zip code 11238 is 4.23%.
How much can I actually make?
Actual monthly rental income may vary between $4,760 and $7,140 depending on unit-specific characteristics. You can change the amount using the slider to further explore.
How is cap rate calculated?
Cap Rate = Net Operating Income (NOI) / Property Asset Value.
When calculating the cap rate, we assume 100% occupancy. Leverage (mortgage) is not considered.
You can learn more about cap rate here .
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Aug 16, 2019 | No longer available | - | |
| No longer available | |||
| Aug 9, 2019 | Price Decreased |
$129,900
↓ $5K
(3.7%)
|
|
| Price Decreased | |||
| Aug 6, 2019 | Price Decreased |
$134,900
↓ $4K
(3%)
|
|
| Price Decreased | |||
| Jul 11, 2019 | Price Decreased |
$139,000
↓ $10K
(6.7%)
|
|
| Price Decreased | |||
| Jun 23, 2019 | Listed | $149,000 | |
| Listed | |||
|
|||
|
ALL AGES BUILDING. CAN BE RENTED IMMEDIATELY OR MOVE RIGHT IN. 1
BEDROOM WITH 1 FULL BATH & 1 HALF BATH. BEAUTIFUL GOLF & WATER VIEW
PLUS CITY LIGHTS AT NITE OFF OF YOUR GIANT BALCONY. HURRICANE
ACCORDION SHUTTERS. NEUTRAL CERAMIC TILE THROUGHOUT, SET ON THE
DIAGONAL. UPDATED KITCHEN CABINETS, GRANITE COUNTERS, UPDATED
BATHROOM VANITIES. GATED GOLF COMMUNITY, 24 HR LOBBY ATTENDANT
BLDG. CLOSE TO AIRPORT, CITYPLACE, CLEMATIS & PALM BEACH. BEING
OFFERED FURNISHED.
The manager…
|
|||
Property Highlights
Air Conditioning
Interior Details
Security System
Exterior Details
Block
2425 Presidential Way #805, West Palm Beach, FL, 33401
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Comparables
Unit
Status
Status
Type
Beds
Baths
ft²
Price/ft²
Price/ft²
Asking Price
Listed On
Listed On
Closing Price
Sold On
Sold On
HOA + Taxes
Condo
2
Beds
2
Baths
1,030 ft²
$187/ft²
$193,000
May 1, 2024
$193,000
Jun 27, 2024
$603/mo
Condo
2
Beds
1
Bath
850 ft²
$229/ft²
$195,000
Jul 24, 2023
$195,000
Sep 5, 2023
$527/mo
Condo
2
Beds
2
Baths
1,034 ft²
$193/ft²
$200,000
Mar 11, 2022
$200,000
Jul 18, 2022
$715/mo
Condo
2
Beds
2
Baths
1,030 ft²
$173/ft²
$178,000
Aug 16, 2022
$178,000
May 1, 2023
$524/mo
Condo
2
Beds
2
Baths
1,173 ft²
$215/ft²
$252,475
Nov 29, 2023
$252,475
May 30, 2024
$623/mo
Condo
2
Beds
2
Baths
1,294 ft²
$161/ft²
$208,000
Sep 8, 2020
$208,000
Dec 29, 2020
$936/mo
Active
Condo
1
Bed
2
Baths
890 ft²
$217/ft²
$192,999
Jul 2, 2024
-
$1,274/mo
Condo
2
Beds
1
Bath
850 ft²
$235/ft²
$200,000
May 29, 2024
-
$586/mo
Condo
2
Beds
1
Bath
850 ft²
$229/ft²
$195,000
Jul 11, 2024
-
$601/mo
Active
Condo
2
Beds
2
Baths
1,108 ft²
$207/ft²
$229,000
Apr 19, 2024
-
$905/mo
Active
Condo
2
Beds
2
Baths
1,075 ft²
$205/ft²
$220,000
Jul 25, 2024
-
$925/mo
Active
Condo
2
Beds
2
Baths
1,194 ft²
$201/ft²
$239,900
Jun 21, 2024
-
$1,047/mo
Past Sales
| Date | Unit | Beds | Baths | Sqft | Price | Closed | Owner | Listed By |
|---|---|---|---|---|---|---|---|---|
|
06/05/2024
|
2 Bed
|
2 Bath
|
1134 ft²
|
$359,000
2 Bed
2 Bath
1134 ft²
|
-
-
|
-
|
Rebecca Claire Hartley
The Keyes Company (PBG)
|
|
|
03/25/2024
|
2 Bed
|
2 Bath
|
1206 ft²
|
$289,900
2 Bed
2 Bath
1206 ft²
|
-
-
|
-
|
Rebecca Claire Hartley
The Keyes Company (PBG)
|
|
|
03/05/2024
|
2 Bed
|
2 Bath
|
1206 ft²
|
$295,000
2 Bed
2 Bath
1206 ft²
|
-
-
|
-
|
Maria Termotto
Keller Williams Realty/P B
|
|
|
02/06/2024
|
1 Bed
|
1.5 Bath
|
894 ft²
|
$229,000
1 Bed
1.5 Bath
894 ft²
|
-
-
|
-
|
Julidiris Then
Century 21 Tenace Realty
|
|
|
01/25/2024
|
2 Bed
|
2 Bath
|
1294 ft²
|
$434,900
2 Bed
2 Bath
1294 ft²
|
-
-
|
-
|
Joseph A. Annese
LoKation
|
|
|
01/02/2024
|
2 Bed
|
2 Bath
|
1294 ft²
|
$325,000
2 Bed
2 Bath
1294 ft²
|
-
-
|
-
|
Gloria Gramolini
Keller Williams Coastal Partners
|
|
|
10/24/2023
|
1 Bed
|
2 Bath
|
898 ft²
|
$180,000
1 Bed
2 Bath
898 ft²
|
$165,000
-8.33%
02/09/2024
|
-
|
Steven Kohn
Premier Elite Homes, LLC.
|
|
|
10/06/2023
|
3 Bed
|
2 Bath
|
1499 ft²
|
$339,900
3 Bed
2 Bath
1499 ft²
|
-
-
|
-
|
Jeffrey L Tricoli
Keller Williams Preferred Partners
|
|
|
10/02/2023
|
2 Bed
|
2 Bath
|
1116 ft²
|
$240,000
2 Bed
2 Bath
1116 ft²
|
-
-
|
-
|
Franklin C Do Nascimento
Southdale Properties Inc.
|
|
|
09/13/2023
|
2 Bed
|
2 Bath
|
1294 ft²
|
$198,900
2 Bed
2 Bath
1294 ft²
|
-
-
|
-
|
Stephanie Gagnon, PA
Keyes
|
|
|
09/09/2023
|
2 Bed
|
2 Bath
|
1499 ft²
|
$299,900
2 Bed
2 Bath
1499 ft²
|
$190,000
-36.65%
03/22/2024
|
-
|
Luis Danilo Aleman
Capital Real Estate Solutions Inc
|
|
|
09/01/2023
|
2 Bed
|
2 Bath
|
1294 ft²
|
$325,000
2 Bed
2 Bath
1294 ft²
|
-
-
|
-
|
Jeffrey L Tricoli
Keller Williams Preferred Partners
|
|
|
08/07/2023
|
1 Bed
|
1.5 Bath
|
898 ft²
|
$277,000
1 Bed
1.5 Bath
898 ft²
|
-
-
|
-
|
Ruth Mercedes Martucci
The Keyes Company (Tequesta)
|
|
|
05/17/2023
|
2 Bed
|
2 Bath
|
1116 ft²
|
$348,000
2 Bed
2 Bath
1116 ft²
|
-
-
|
-
|
Neil P Picart
KW Reserve Palm Beach
|
|
|
03/09/2023
|
2 Bed
|
2 Bath
|
1294 ft²
|
$355,000
2 Bed
2 Bath
1294 ft²
|
-
-
|
-
|
Jeffrey L Tricoli
Keller Williams Preferred Partners
|
|
|
03/07/2023
|
1 Bed
|
1.5 Bath
|
898 ft²
|
$225,000
1 Bed
1.5 Bath
898 ft²
|
-
-
|
-
|
Rachel Shapiro
William Raveis South Florida
|
|
|
03/03/2023
|
2 Bed
|
2 Bath
|
1294 ft²
|
$275,000
2 Bed
2 Bath
1294 ft²
|
-
-
|
-
|
Carole Koeppel
Sotheby's Intl. Realty, Inc. (
|
|
|
09/04/2022
|
2 Bed
|
2 Bath
|
1294 ft²
|
$349,000
2 Bed
2 Bath
1294 ft²
|
-
-
|
-
|
Christina Vaughan
Keller Williams Coastal Partners
|
|
|
01/18/2023
|
1 Bed
|
1.5 Bath
|
898 ft²
|
$199,000
1 Bed
1.5 Bath
898 ft²
|
-
-
|
-
|
Mim Hochman
Century 21 America's Choice/WPB
|
|
|
12/08/2022
|
2 Bed
|
2 Bath
|
1294 ft²
|
$284,000
2 Bed
2 Bath
1294 ft²
|
-
-
|
-
|
Tara Ross
Keller Williams Realty Jupiter
|
|
|
11/23/2022
|
1 Bed
|
1.5 Bath
|
898 ft²
|
$179,900
1 Bed
1.5 Bath
898 ft²
|
-
-
|
-
|
Jeffrey L Tricoli
Keller Williams Preferred Partners
|
|
|
07/05/2022
|
2 Bed
|
2 Bath
|
1294 ft²
|
$349,900
2 Bed
2 Bath
1294 ft²
|
-
-
|
-
|
Renee R Goodemote
Keller Williams Palm Beach Isl
|
|
|
10/21/2022
|
2 Bed
|
2 Bath
|
1116 ft²
|
$162,000
2 Bed
2 Bath
1116 ft²
|
$170,000
+4.94%
01/03/2023
|
-
|
Steve Modica
Real Estate Home Sales Inc
|
|
|
10/06/2022
|
2 Bed
|
2 Bath
|
1294 ft²
|
$303,000
2 Bed
2 Bath
1294 ft²
|
-
-
|
-
|
Michael Martin
Icon R.E. Consultants, LLC
|
|
|
08/10/2022
|
3 Bed
|
2 Bath
|
1499 ft²
|
$320,000
3 Bed
2 Bath
1499 ft²
|
-
-
|
-
|
Jonathan W Dolphus
EXP Realty LLC
|
|
|
07/01/2022
|
2 Bed
|
2 Bath
|
1347 ft²
|
$295,000
2 Bed
2 Bath
1347 ft²
|
-
-
|
-
|
Amy Quattlebaum
Illustrated Properties LLC
|
|
|
07/10/2022
|
1 Bed
|
2 Bath
|
920 ft²
|
$225,000
1 Bed
2 Bath
920 ft²
|
-
-
|
-
|
Mim Hochman
Century 21 America's Choice/WPB
|
|
|
02/27/2022
|
2 Bed
|
2 Bath
|
1116 ft²
|
$255,000
2 Bed
2 Bath
1116 ft²
|
-
-
|
-
|
Mim Hochman
Century 21 America's Choice/WPB
|
|
|
09/20/2021
|
2 Bed
|
2 Bath
|
1294 ft²
|
$335,000
2 Bed
2 Bath
1294 ft²
|
-
-
|
-
|
Dawn M Mansur
Keller Williams Realty Jupiter
|
|
|
07/26/2021
|
3 Bed
|
2 Bath
|
1499 ft²
|
$299,000
3 Bed
2 Bath
1499 ft²
|
-
-
|
-
|
Rachel Shapiro
William Raveis South Florida
|
|
|
11/30/2021
|
2 Bed
|
2 Bath
|
1294 ft²
|
$256,000
2 Bed
2 Bath
1294 ft²
|
-
-
|
-
|
Franklin C Do Nascimento
Southdale Properties Inc.
|
|
|
10/06/2021
|
2 Bed
|
2 Bath
|
1116 ft²
|
$349,900
2 Bed
2 Bath
1116 ft²
|
-
-
|
-
|
Joseph A. Annese
LoKation
|
|
|
08/17/2021
|
2 Bed
|
2 Bath
|
1294 ft²
|
$189,000
2 Bed
2 Bath
1294 ft²
|
-
-
|
-
|
Mim Hochman
Century 21 America's Choice/WPB
|
|
|
06/11/2021
|
2 Bed
|
2 Bath
|
1294 ft²
|
$295,000
2 Bed
2 Bath
1294 ft²
|
-
-
|
-
|
Dawn M Mansur
Keller Williams Realty Jupiter
|
|
|
04/22/2021
|
2 Bed
|
2 Bath
|
1294 ft²
|
$155,900
2 Bed
2 Bath
1294 ft²
|
-
-
|
-
|
-
|
|
|
02/01/2021
|
2 Bed
|
2 Bath
|
1294 ft²
|
$285,000
2 Bed
2 Bath
1294 ft²
|
-
-
|
-
|
Rachel Shapiro
William Raveis South Florida
|
|
|
08/11/2020
|
3 Bed
|
2 Bath
|
1499 ft²
|
$295,900
3 Bed
2 Bath
1499 ft²
|
$255,000
-13.82%
04/09/2021
|
Ana Julia Pinheiro
Agent Plus Realty
|
||
|
12/07/2020
|
2 Bed
|
2 Bath
|
1116 ft²
|
$180,000
2 Bed
2 Bath
1116 ft²
|
-
-
|
-
|
-
|
|
|
11/04/2020
|
Loft
|
2 Bath
|
1294 ft²
|
$168,500
Loft
2 Bath
1294 ft²
|
-
-
|
-
|
-
|
|
|
10/16/2020
|
1 Bed
|
2 Bath
|
898 ft²
|
$145,000
1 Bed
2 Bath
898 ft²
|
$140,000
-3.45%
04/12/2021
|
-
|
Ana Alves
Balistreri Realty Inc
|
|
|
09/25/2020
|
2 Bed
|
2 Bath
|
1294 ft²
|
$172,000
2 Bed
2 Bath
1294 ft²
|
$160,000
-6.98%
05/24/2021
|
Franklin C Do Nascimento
|
||
|
08/28/2020
|
2 Bed
|
2 Bath
|
1294 ft²
|
$159,900
2 Bed
2 Bath
1294 ft²
|
-
-
|
-
|
-
|
|
|
08/28/2020
|
2 Bed
|
2 Bath
|
1116 ft²
|
$156,000
2 Bed
2 Bath
1116 ft²
|
-
-
|
-
|
-
|
|
|
08/17/2020
|
Loft
|
2 Bath
|
898 ft²
|
$129,900
Loft
2 Bath
898 ft²
|
$133,500
+2.77%
12/11/2020
|
Hector Vazquez
|
||
|
07/14/2020
|
2 Bed
|
2 Bath
|
1294 ft²
|
$189,500
2 Bed
2 Bath
1294 ft²
|
-
-
|
-
|
-
|
|
|
02/29/2020
|
3 Bed
|
2 Bath
|
1499 ft²
|
$175,000
3 Bed
2 Bath
1499 ft²
|
-
-
|
-
|
-
|
|
|
02/14/2020
|
2 Bed
|
2 Bath
|
1294 ft²
|
$170,000
2 Bed
2 Bath
1294 ft²
|
$145,000
-14.71%
07/27/2020
|
Heather C Suarez PA
|
||
|
02/01/2020
|
2 Bed
|
2 Bath
|
1294 ft²
|
$180,000
2 Bed
2 Bath
1294 ft²
|
-
-
|
-
|
-
|
|
|
02/01/2020
|
2 Bed
|
2 Bath
|
1294 ft²
|
$183,500
2 Bed
2 Bath
1294 ft²
|
-
-
|
-
|
-
|
|
|
01/30/2020
|
2 Bed
|
2 Bath
|
1294 ft²
|
$174,500
2 Bed
2 Bath
1294 ft²
|
-
-
|
-
|
-
|
|
|
12/17/2019
|
2 Bed
|
2 Bath
|
1116 ft²
|
$115,000
2 Bed
2 Bath
1116 ft²
|
$123,000
+6.96%
02/14/2020
|
Robert L Hamilton
|
||
|
06/23/2019
|
1 Bed
|
2 Bath
|
920 ft²
|
$149,000
1 Bed
2 Bath
920 ft²
|
-
-
|
-
|
-
|
|
|
06/17/2019
|
3 Bed
|
2 Bath
|
1499 ft²
|
$165,000
3 Bed
2 Bath
1499 ft²
|
$155,000
-6.06%
03/07/2020
|
John Ecivaldo Santos
Agent Plus Realty
|
||
|
09/09/2018
|
1 Bed
|
2 Bath
|
-
|
$129,000
1 Bed
2 Bath
|
$130,000
+0.78%
04/29/2019
|
Jason Yan
|
||
|
06/28/2018
|
2 Bed
|
2 Bath
|
1116 ft²
|
$174,900
2 Bed
2 Bath
1116 ft²
|
-
-
|
-
|
-
|
|
|
01/25/2018
|
1 Bed
|
2 Bath
|
898 ft²
|
-
1 Bed
2 Bath
898 ft²
|
-
-
|
-
|
-
|
|
|
09/20/2010
|
3 Bed
|
2 Bath
|
1501 ft²
|
$125,000
3 Bed
2 Bath
1501 ft²
|
$87,000
-30.40%
06/03/2011
|
-
|
Teresa Modlin
Galleria International Realty
|
Building Info
2425 Presidential Way
2425 Presidential Way, West Palm Beach, FL 33401
- 2 Units for Sale
About Villages of Palm Beach Lakes
Similar Homes for Sale
$239,900
- 2 Beds
- 2 Baths
- 1,194 ft²
$220,000
- 2 Beds
- 2 Baths
- 1,075 ft²
Nearby Rentals
$2,700 /mo
- 3 Beds
- 2 Baths
- 1,300 ft²
$2,650 /mo
- 2 Beds
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- 1,133 ft²
