2000 Presidential Way 505, West Palm Beach, FL 33401

$280,000
Property Type: Residential Bedrooms: 2 Baths: 2 Square Footage: 1,395 Status: Closed
Current Price: $280,000 List Date: 3/25/2024 Last Modified: 9/09/2026

Overview

Description

Price Improvement !! Astonishing 2-bed, 2-bath 5th-floor gem with a private balcony offering a breathtaking 180-degree view. Recent updates include permitted kitchen, plumbing, and electric improvements. The master suite and second bedroom feature a walk-in closet and balcony access. Washington Tower offers security, a doorman, a heated pool, 24-hour fitness and social rooms, on-site management, and reserved parking.The Lands of the President is a private community with 24/7 security, near Palm Beach Outlets, dining, Whole Foods, Target, PBI Airport, Route 95, beaches, Kravis, and The Square Downtown West Palm Beach. Ideal for investors, the current tenant plans to stay until October 2024 and is open to extending the lease. Don't miss this investor friendly.Golf course under construction.

Listing Details MLS# R10961542

General Property Information

Unit Floor #
5
Property Sub Type
Condominium
Bedrooms Total
2
Bathrooms Total
2
Bathrooms Full
2
Building Area Main
1395
Building Area Source
Appraiser
Living Area Main
1134
Year Built
1972
Gated Community YN
Yes
Senior Community YN
No
Stories Total
21
Direction Faces
South
Pool Private YN
No
Furnished
Unfurnished

Property Features

Application Information: Personal Interview Required Dining Area: Dining/Living Room Flooring: Ceramic Tile Leasing Permitted Details: Okay To Lease Parking Features: Assigned; Guest Property Condition: Resale Appliances: Dishwasher; Disposal; Dryer; Electric Range; Ice Maker; Microwave; Washer Construction Materials: CBS Cooling: Central Air Association Type: Homeowner Association Heating: Central Interior Features: Elevator; Storage; Walk-In Closet(s) Laundry Features: Inside Listing Terms: Cash; Conventional Pets Allowed YN: Yes Pets Allowed: Pet Restrictions Possible Possession: Close Of Escrow Restrictions: Lease Restrictions; Parking - No Boat Security Features: Fire Alarm; Lobby - Attended; Security System Special Information: Sold As-Is Tax Information: City/County Unit Description: Interior Hallway Utilities: Cable Available Water Access: None Window Features: Sliding Showing Requirements: 24 Hour Notice; Appointment Only; Occupied; Schedule Online; Security Gate; Text Listing Agent Contingencies: None Room Types: Bedroom 2; Great Room; Kitchen; Laundry; Living Room; Master Bedroom

Contract Information

Comp Sale YN
No
Original List Price
295000

Location and Legal

Country
United States
County Or Parish
Palm Beach
County Parish Name
Palm Beach
Street Number
2000
Street Name
Presidential
Street Suffix
Way
Unit Number
505
City Name
West Palm Beach
State Or Province
FL
Postal Code
33401
Postal Zip
33401
Subdivision Name
LANDS OF THE PRESIDENT CONDO 2
Area
5410
Geographic Area
PB23
Special Assessment YN
Yes
Parcel Number
74434317090005050
Zoning
MF32(c
Directions
Directions: I-95 to Exit 71 Palm Beach Lakes blvd east, make left on N Congress then right at first light on Presidential Way. Go through guardhouse and building will be first high rise

Financial Information

Association YN
Yes
Association Deposit YN
No
Association Fee
1025
Association Fee Frequency
Monthly
Association Membership
Mandatory
Application Required YN
Yes
Membership Fee Required YN
No
Tax Annual Amount
3611.31
Tax Year
2023
Tax Legal Description
LANDS OF THE PRESIDENT COND 2 UNIT 505

Status Change Information

Major Change Timestamp
2024-05-17T21:23:23Z
Major Change Type
Status Change
Price Change Timestamp
2024-03-26T22:37:21Z
Status Change Date
2024-05-17
Under Contract Date
2024-04-20
Close Date
2024-05-17
Close Price
280000
Buyer Financing
Cash

More Information

Application Fee Details

Application Fee Required
Yes
Application Fee
75

Leasing Permitted Details

Leasing Permitted YN
Yes

Short Sale Details

Short Sale Addendum
No

Capital Contributions

Capital Contributions YN
No

Main Level Rooms

Main Level Bathrooms
2
Main Level Bedrooms
2

Storm Protection

Accordian Shutters
Complete

Concessions

Seller Concessions
No

Contributions

Buyer Contributions
No

Room Types

Bedroom 2 Level
Main
Kitchen Level
Main
Living Room Level
Main
Master Bedroom Level
Main

Price Calculations

Current Price To SqFt
246.91
Original List Price To Close Price
1.05

Originating Details

Originating System Key
20240221024552904607000000
Originating System ID
M00000170

Room Information

Room Name Length Width Level
Living Room 27.00 14.00 Main
Kitchen 13.00 8.00 Main
Master Bedroom 16.00 12.00 Main
Bedroom 2 15.00 12.00 Main
Great Room
Laundry
IDX
Listing Office: CENTURY 21 Tenace Realty
Source MLS Verified
Last Updated: September - 09 - 2026
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