1638 Embassy DR #205, West Palm Beach, FL 33401
1638 Embassy DR #205, West Palm Beach, FL 33401
1638 Embassy DR #205, West Palm Beach, FL 33401
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$145,000
Est. payment /mo
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2 Beds
2 Baths
835 SqFt
Price Dropped by $4K

1638 Embassy DR #205 West Palm Beach, FL 33401

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HEIDY OLEA

HEIDY OLEA

+1(239) 318-4689

UPDATED:

Key Details

Property Type Condo

Sub Type Condominium

Listing Status Active

Purchase Type For Sale

Square Footage 835 sqft

Price per Sqft $173

Subdivision Jamestown Condo

MLS Listing ID B26022891

Bedrooms 2

Full Baths 2

HOA Fees $595/mo

HOA Y/N Yes

Year Built 1973

Annual Tax Amount $2,214

Tax Year 2025

Property Sub-Type Condominium

Property Description

This home qualifies for a 10K Smart Start Grant its remodeled & ready for a new owner. Lets start with the quartz countertops, stainless steel appliances & white shaker style cabinets. The main living areas covered in waterproof laminate flooring that handles weather adn wear adn tear. Right next to the Palm Beach Outlets. Five minutes to Rosemary Square downtown — the restaurants, the energy, the Friday night scene. I-95 access for a straight shot north to Jupiter or south to Boca. You're central you have CityPlace and dowtown WPB just a few minures away, to dining that matters. Your kid gets into Palm Beach Atlantic. You buy them a place to live instead of paying dorm fees instead of blowing rent on an apartment or you're buying yourself an entry point into West Palm Beach real estate. Two-bedroom, two-bath condo with the finishes that actually matter — quartz countertops, stainless steel appliances, waterproof laminate flooring built for Florida weather, walk-in closet, and a screened balcony you'll actually use. Second floor of an elevator building. Two parking spaces. The unit is move-in ready. Now here's where this listing gets interesting. You're paying twenty-two hundred a month in rent somewhere in West Palm Beach right now. This unit, with the Smart Start grant program covering your closing costs, puts you into ownership at roughly that same monthly number. Conventional financing — no FHA mortgage insurance dragging your payment up, no FHA condo approval gauntlet to run. You walk in, you own it. That's the math. Now here's the location. You are sitting directly next to the Palm Beach Outlets. Target, Whole Foods, Nordstrom Rack, the whole shopping corridor — walkable. Five minutes north and you're in Rosemary Square in downtown West Palm Beach where the real dining scene lives. Howley's for the late-night diner crowd. Juicy Lucy for burgers. City Tavern for the bar scene. The Square itself for events, music, the Friday and Saturday energy that makes downtown West Palm actually fun to live near. I-95 is two minutes south of the building. That means a clean shot north to Jupiter or south to Boca Raton without fighting Military Trail or Okeechobee traffic. The Tri-Rail station is right there for anyone commuting to Fort Lauderdale or Miami. The Palm Beach International Airport is a ten-minute drive. You are not isolated in this unit. You are central to everything that makes Palm Beach County livable. Now — who is this actually right for? A parent whose kid just got into Palm Beach Atlantic University or Keiser. Instead of writing dorm checks for four years or watching them throw rent at a junky off-campus apartment, you buy this. Your kid lives here. You either sell it when they graduate at appreciated value, or you hold it as a rental in one of the most central locations in West Palm Beach. The math beats a dorm bill in the first semester. A first-time buyer who's been priced out of every other elevator building in central West Palm Beach under two hundred thousand dollars. The Smart Start grant means you don't need fifteen thousand sitting in your savings account to pull this off. You need to be income-qualified, you need decent credit, and you need to move quickly. A long-hold investor who wants central West Palm Beach exposure, accepts the leasing rules (twice per year minimum sixty days, association approval required), and is buying for appreciation and steady rent — not Airbnb income. The trade-offs you should know going in: it's a 1973 CBS building. No pets allowed. No washer-dryer in the unit (laundry on-site in the building). Sold AS-IS. The HOA includes water, sewer, trash, building insurance, the elevator, and the common areas — which keeps your true monthly cost surprisingly low compared to comparable buildings. After twenty-seven years and fifteen hundred plus transactions in Palm Beach County, here's what I'll tell you straight: sub-two-hundred-thousand-dollar elevator buildings in central West Palm Beach with updated finishes and grant program eligibility are not common right now, and they don't sit. If the location, the math, and the buyer profile fit — move on this one before someone else does

Location

State FL

County Palm Beach

Community Jamestown Condo

Area 5410

Interior

Interior Features Built-in Features, Split Bedrooms, Shower Only, Walk-In Closet(s)

Heating Central

Cooling Central Air

Flooring Vinyl

Furnishings Unfurnished

Window Features Blinds,Drapes

Appliance Dishwasher, Electric Range, Electric Water Heater, Refrigerator

Exterior

Exterior Feature Balcony

Pool None

Community Features Home Owners Association, Sidewalks

Utilities Available Cable Available, Water Available, Sewer Available

Amenities Available Storage, Trash, Elevator(s)

View Garden, Other, Water

Porch Balcony, Screened

Total Parking Spaces 2

Private Pool No

Building

Lot Description Buyer Approval Required

Building Description Block, Living Area

Faces North

Story 4

Sewer Not Connected (at lot), Public Sewer, Other

Water Public

Level or Stories Three Or More

Structure Type Block

Schools

Elementary Schools Roosevelt

Middle Schools Roosevelt

High Schools Palm Beach Lakes

Others

Pets Allowed No

HOA Fee Include Common Area Maintenance,Insurance,Parking,Sewer,Trash,Water

Senior Community No

Restrictions Association Approval Required,No Corporate Buyer,No Boats,No RV,No Truck,OK To Lease,Rental Restriction

Tax ID 74434317150002050

Acceptable Financing Cash, Conventional

Listing Terms Cash, Conventional

Special Listing Condition Listed As-Is

Pets Allowed No

Virtual Tour https://www.propertypanorama.com/1638-Embassy-Drive-Unit-205-West-Palm-Beach-FL-33401/unbranded

Miami Association of Realtors (SEFMIAMI MLS)
Listed by Keller Williams Realty - Welli

NEARBY SCHOOL & BUSINESS

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HEIDY OLEA

HEIDY OLEA

Broker / Owner | License ID: BK3428799

+1(239) 318-4689

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1638 Embassy DR #205