2450 Presidential Way Unit 505, West Palm Beach, FL, 33401

Location

Get An Agent. Get A Mortgage.

Let Us Help You Buy A Home And Save BIG

Save BIG.

2450 Presidential Way Unit 505, West Palm Beach$668,000

Buyer Closing Credits

$7,933^*

1.25% Loan Amount

Sell Your Home And Save More

Connect With An Agent

Still Have Questions? Contact Us.

1 (855) 200-2001

Property Highlights

Home TypeCondominium

Parking2+ Spaces, Assigned, Carport - Detached, Open

Garage1 space

Year Built1984

HeatingCentral, Electric

CoolingCentral Air, Electric

WaterfrontLake Front, Pond

ViewGarden, Pond, Pool

MLS #RX-10944231

StatusActive

About 2450 Presidential Way Unit 505

Sublime fully renovated apartment by PB renowned Interior Designer is located in a very sought-after pet friendly, full service building in the only gated community just east of I-95. The result is a chic and comfortable space featuring an open spacious floor plan with gorgeous finishes including oak floors, Waterworks fixtures, gourmet Chef Kitchen with top of the line appliances, quartz countertops, custom cabinets, custom wooden doors and frames, gorgeous bathrooms and split large bedrooms. Floor to ceiling sliding hurricane impact door/windows and a large balcony offer beautiful views on the well maintained gardens of the association. Bedroom windows have plantation shutters. Plus Premium is a very sought after garage parking spot and one open spot. Prime location.

View More

Property Details

Property Features

Property Information:

• Architectural Style: Contemporary, Traditional
• Year Built: 1984
• Stories: 20
• Living Area: 2,334 SqFt

Listing Office:

• Office Name: William Raveis South Florida
• Office Phone: (561) 655-6570
• Listing Agent: Rachel Shapiro

Interior Features

Interior Information:

• Appliances: Dishwasher, Disposal, Dryer, Ice Maker, Microwave, Electric Range, Refrigerator, Washer
• Flooring Type: Ceramic Tile, Marble, Wood Floor
• Interior: Bar, Closet Cabinets, Foyer, Kitchen Island, Laundry Tub, Roman Tub, Split Bedroom, Walk-in Closet

Bedroom and Bathroom Information:

• Full Bathrooms: 3
• Total Bedroom Count: 3

Exterior Features

Exterior Information:

• Private Pool: No
• Waterfront: Lake Front, Pond
• View: Garden, Pond, Pool
• Exterior: Auto Sprinkler, Covered Balcony, Shutters, Tennis Court

Parking Information:

• Garage Space: 1 space
• Attached Garage: No
• Parking: 2+ Spaces, Assigned, Carport - Detached, Open

Virtual/3D Tour

• Virtual Tour: 2450 Presidential Way Unit 505

Virtual Tour

Lot Features

Lot Information:

• Lot: Paved, Private, Sidewalk

Utilities

Utilities Information:

• Heating: Central, Electric
• Cooling: Central Air, Electric

School Info

Assigned Schools Information:

• Palm Beach Lakes High School, Public Magnet Grades PK-12
• Roosevelt Middle School, Public Magnet Grades 6-8
• Roosevelt Elementary School, Public Magnet Grades PK-5

Other

Directions Information:

• Directions: Located in the ONLY Gated Golf, Tennis & Social Community EAST of 1-95 in WPB. Palm Beach Lakes Blvd. to Congress to Pres Way thru gate. Last Building on Right

Price Information

Listing Price Info

Price Summary:

• List Price: $668,000
• Price Per SqFt: $286/SqFt

HOA Fees:

• Amount: $1572
• Frequency: Monthly

What can I afford?

Understand what home price range makes sense for your budget.

See What I Can Afford

Housing Market Comparison

See how this home compares to others in West Palm Beach, FL.

West Palm Beach, FL

City

Med. Sold Price

$382.9K

Med. Price/SqFt

$266

Avg. Days On Market

65

# of Sold Homes

284

2450 Presidential Way Unit 505 vs West Palm Beach

131 DAYS ON ROCKET

+66 Days

$668,000

+$285K More

$286/SqFt

+$20 More

KEY TAKEAWAY

This property is $285K more than the Median Sold Price and $20/SqFt more than other homes in West Palm Beach, FL.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

• MLS Number: #RX-10944231

Listing Office:

• Office Name: William Raveis South Florida
• Office Phone: (561) 655-6570
• Listing Agent: Rachel Shapiro

All listings featuring the BMLS logo are provided by BeachesMLS, Inc. Copyright 2024 BeachesMLS, Inc.

This information is not verified for authenticity or accuracy and is not guaranteed. IDX information is provided exclusively for consumers’ personal, non-commercial use, that it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 4/29/2024, 12:25:18 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

View More

Property Sales & Tax

We're sorry, we currently don't have sales or tax history data for this listing.

Payment Calculator

Calculate your estimated monthly expenses for this listing. Play with the values below to better understand your monthly payment and utilities.

$4,973

Per Month

Principal & Interest

$3,334

Home Price

Home PriceThe dollar amount you pay for the home.

$

Interest Rate

Interest RateMortgage interest rates fluctuate, but they're typically in the 5% to 9% range. Your rate will be calculated based on personal details including your credit score.

%

Down Payment

Down PaymentThe initial money paid at closing that is usually a percentage of the purchase price. Most loans require at least 3% down, but a 0% down payment may be possible if you're eligible for a VA or USDA loan.

$Down PaymentPercent%

Loan Term

Loan TermThis is how long you'll pay on the loan. A longer term gives you smaller payments, while a shorter term saves you money on interest.

30 year25 year20 year15 year10 year

Property Taxes

$0

Annual Cost

Property Taxes -Annual CostEvery homeowner pays taxes to their local government based on their home's value and the property tax rates for the county or city. Most areas charge property taxes semiannually.

$/ Year

Mortgage Insurance

$0

Monthly Premium

Mortgage Insurance -Monthly PremiumMortgage insurance helps secure a mortgage with a lower down payment. It typically costs 0.1% - 2% of your loan amount per year.

$/ Month

Homeowners Insurance

$67

Monthly Premium

Homeowners Insurance -Monthly PremiumMost homeowners pay about $1,000 a year for homeowners insurance, but the cost varies based on your location, home and coverage.

$/ Month

Homeowners Association (HOA)

$1,572

Monthly Fees

Homeowners Association -Monthly FeesHomeowners Association (HOA) fees can range from $30 per month to $500+ per month. Be sure to ask your agent about HOA fees on a home as it can impact your affordability or check the online home listing.

$/ Month

Utilities

$0

Monthly Cost

Utilities - Monthly CostYou'll need to budget for utilities as a homeowner, which typically includes water and sewer, gas and electric, internet and cable. Cost will depend on your location and the size of your home. On a monthly basis, Americans pay $239 - $442 per month.

$/ Month

*Disclosures

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$2,069

See More Options

Connect With A Banker

Powered By

Advertisement

NMLS#3030

**Disclosures

Rocket Homes›Florida›Palm Beach County›West Palm Beach›33401›2450 Presidential Way Unit 505

This home is located at 2450 Presidential Way Unit 505 in West Palm Beach, FL and zip code 33401 in the Presidential Estates neighborhood. This 2,334 square foot home was built in 1984. Features: 3 bedrooms, 3 bathrooms. It has been listed on Rocket Homes since December 19, 2023 and is currently priced at $668,000.

In March 2024, from all listings sold in West Palm Beach, FL there were more than 21 sold above asking price, over 220 sold below and more than 43 were sold right at the asked price. In March 2024 in West Palm Beach, FL there were 10.9% more homes for sale than in February 2024. The median list price of listings available in March 2024 was $382,914, while the average time on the real estate market was 65 days.

From Rocket Homes Real Estate and based on county public records data.