2425 Presidential Way, #704, West Palm Beach, FL, 33401 | $399,000

Totally remodeled over $120k just spent. New white porcelain floors, AC, kitchen, baths, appliances, paint. All brand new. Also the building has been just been painted and concrete restoration for 40 year certification. All assessments have been fully paid. Thus you will have a brand new unit both inside unit and outside building. Amazing GOLF course and lake views from corner wrap around balcony from all rooms. Very rare and large 3 BEDROOMS of 1, 500 sq ft. Not required to join Golf Club but easy access to play. Great pool area on golf course. Approx. 1 mile to Bay and downtown West Palm Beach. 2 miles to Beach and Worth Ave. Live the millionaire lifestyle at reasonable price. Next door to great shopping of Tangier outlets and many others. Can rent unit immediately. All brokers covered.

Features

  • Heating: Central,Electric
  • Cooling: Central Air
  • Levels: 20
  • Amenities: Fitness Center,Golf Course,Pool,Elevator(s)
  • Bedrooms: 3
  • Baths: 2 full
  • Complex: LANDS OF THE PRESIDENT CO
  • Year Built: 1974
  • Common Charge: $1,275 Monthly
  • Approx Sq. Feet: 1,404
  • Est. Taxes: $3,831
  • View: Golf Course,Lagoon
  • Pets Allowed: Yes
  • Pet Policy: Conditional,Yes
  • Appliances: Ice Maker
  • MLS#: A11661286
  • Days on Market: 2 days
  • Website: https://www.raveis.com
    /prop/A11661286/2425presidentialway_westpalmbeach_fl?source=qrflyer
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Listing courtesy of Jorge Lora R.E. Broker   Phone: 786-216-4377

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Melissa CohnRVP, Mortgage Banker, William Raveis Mortgage, LLC

NMLS Mortgage Loan Originator ID 16953

917.838.7300

Melissa.Cohn@raveis.com

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  • Is available to meet with you in our office, your home or office, evenings or weekends
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2425 Presidential Way, #704, West Palm Beach, FL, 33401

$399,000

Customer Service

William Raveis Real Estate

Phone: 888.699.8876

Contact@raveis.com

Melissa Cohn

RVP, Mortgage Banker

William Raveis Mortgage, LLC

Phone: 917.838.7300

Melissa.Cohn@raveis.com

NMLS Mortgage Loan Originator ID 16953

5/6 (30 Yr)
Adjustable Rate Conforming*
30 Year
Fixed-Rate Conforming
15 Year
Fixed-Rate Conforming
Loan Amount $319,200 $319,200 $319,200
Term 360 months 360 months 180 months
Initial Interest Rate** 6.125% 6.125% 4.990%
Interest Rate based on Index + Margin 8.125%
Annual Percentage Rate 7.483% 6.273% 5.268%
Monthly Tax Payment $319 $319 $319
H/O Insurance Payment $75 $75 $75
Initial Principal & Interest Pmt $1,939 $1,939 $2,523
Total Monthly Payment $2,333 $2,333 $2,917

* The Initial Interest Rate and Initial Principal & Interest Payment are fixed for the first and adjust every six months thereafter for the remainder of the loan term. The Interest Rate and annual percentage rate may increase after consummation. The Index for this product is the SOFR. The margin for this adjustable rate mortgage may vary with your unique credit history, and terms of your loan.

** Mortgage Rates are subject to change, loan amount and product restrictions and may not be available for your specific transaction at commitment or closing. Rates, and the margin for adjustable rate mortgages [if applicable], are subject to change without prior notice.

The rates and Annual Percentage Rate (APR) cited above may be only samples for the purpose of calculating payments and are based upon the following assumptions: minimum credit score of 740, 20% down payment (e.g. $20,000 down on a $100,000 purchase price), $1,950 in finance charges, and 30 days prepaid interest, 1 point, 30 day rate lock. The rates and APR will vary depending upon your unique credit history and the terms of your loan, e.g. the actual down payment percentages, points and fees for your transaction. Property taxes and homeowner's insurance are estimates and subject to change.  The Total Monthly Payment does not include the estimated HOA/Common Charge payment.