2427 Presidential Way 204, West Palm Beach, FL 33401 — MLS photo

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2427 Presidential Way 204, West Palm Beach, FL 33401

Active · Condominium

$448,000

2427 Presidential Way 204, West Palm Beach, FL 33401

Beds
3
Baths
3
Living area
2,588 sq ft
$ / sq ft
$173/sq ft
Year built
1982
Lot size
—
HOA fee
$2,438 Monthly
Annual tax
$8,594

About this property

This expansive residence offers the comfort and privacy of a single-family home within a prestigious boutique condominium setting. Encompassing over 2,500 square feet under air, this sophisticated home is designed for both elegant entertaining and everyday living. The grand primary suite is generously proportioned. It features two large wall-in closets and a spa inspired bath complete with soaking tub and oversized walk-in shower. Two additional bedrooms are equally spacious, including one with an en-suite bath. Interior spaces include an eat-in kitchen, an expansive living and dining room area, wet bar, a powder room, and a large dedicated laundry room. Floor-to-ceiling windows flood the home with natural light enhancing the sense of scale and openness. Abundant storage is offered with hall closets, and a private storage room conveniently located off the wraparound balcony. The Parliament is an exclusive, intimate luxury building offering residents a swimming pool, spa, fitness center and attentive concierge services. This is a non-smoking building providing a serene living environment. An extraordinary opportunity to enjoy space, privacy; and luxury in a sought-after boutique residence.

Property location

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2427 Presidential Way 204, West Palm Beach, FL 33401

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Facts & features

Interior

Bedrooms
3
Bathrooms
3
Living area
2,588 sq ft
Flooring
Carpet, Ceramic Tile
Appliances
Dishwasher, Electric Range, Disposal, Microwave, Refrigerator
Cooling
Central Air, Electric
Heating
Central, Electric
Interior features
Wet Bar, Built In Features, Bedroom On Main Level, Bathtub, Dual Sinks, Entrance Foyer, Eat In Kitchen, Garden Tub Roman Tub, Living Dining Room, Main Level Primary, Shower Only, Walk In Closets, Pantry
Furnished
Unfurnished

Exterior & Structure

Property type
Condominium
Year built
1982
Stories
12
Architectural style
High Rise
Construction
Block
Exterior features
Storm Security Shutters
Pool
None, Association, Community
Spa
Community

Parking

Garage spaces
0
Covered spaces
1
Parking features
Assigned, Detached, Garage, Guest

HOA, Community & Financials

Association fee
$2,438 Monthly
Fee inclusions
Common Area Maintenance, Cable Tv, Insurance, Parking, Pest Control, Sewer, Trash, Water
Amenities
Fitness Center, Management, Pool, Guard, Spa Hot Tub, Trash, Elevators
Security
Door Man, Gated With Guard, Lobby Secured, Security System, Smoke Detectors
Pets allowed
No
Annual tax
$8,594
Subdivision
PARLIAMENT EAST CONDO
County
Palm Beach
Days on market
289
MLS listing ID
R11151675
Listing status
Active

Investment intelligence

Yield & ROI calculator

Pre-filled from this listing's price, HOA and tax record. Adjust anything to see returns update instantly.

Estimated monthly cash flow

-$238

Cap rate
5.1%
Net yield
5.1%
Cash-on-cash return
-2.3%
Gross yield
15.8%
Mortgage payment
$2,124/mo
Down payment
$112,000
Loan amount
$336,000
Annual NOI
$22,626

Estimates only — includes 5% maintenance reserve and ~3% closing costs in cash invested. Verify taxes, HOA and insurance before making an offer.