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Under Contract
14 Days on Market
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How this price compares

Asking price
$259,000
Price per sq ft
$372
Vs. nearby sales
19.2% above
Days on market
14

This 1-bedroom condo in Montecito Palm Beach Condo went under contract with an asking price of $259,000, or $372 per square foot. It spent 14 days on the market before going under contract. The 6 most recent condo sales in the closings shown below sold at a median of $312 per square foot, so the asking price was 19.2% above what comparable homes here actually sold for.

1
Bedrooms
1
Bathrooms
696
Living Sq Ft
2003
Year Built

Estimated monthly payment

$1,361 /mo

Principal and interest only, based on $51,800 down (20%), a 6.875% 30-year fixed rate. Property taxes, homeowners insurance, and the $767/mo HOA are not included.

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Listing Snapshot

Price
$259,000
Days on Site
14 Days
Bedrooms
1
Total Baths
1
Full Baths
1
Partial Baths
0
Living Area
696 sqft
Total Sq Ft
761 sqft
Year Built
2003
Property Type
Condo
MLS #
B26091114
Property Tax
$4,749 (2025)
HOA Fees
$767 / Monthly
Subdivision
MONTECITO PALM BEACH CONDO
County
Palm Beach
Status
Under Contract
Special Conditions
Standard

About This Property

Investment opportunity! Renovated 1 bedroom/1 bathroom condo with eastern views of downtown WPB. Porcelain tile flooring throughout the entire unit. Tenant in place paying $2,100 a month. Collect income the day you close! The Montecito is close by to shops & restaurants with easy access to I-95. HOA maintenance dues include water/sewer/trash/internet/cable. No work required!

MLS media link

General Features

Property Type
Condo
Status
Under Contract
Year Built
2003
Property Condition
Resale
Number of Stories
15
Levels
One
Parking
Covered / Guest
Direction Faces
East
Lot Size (Acres)
0
Living Sq Ft
696
Total Sq Ft
761
Structure Type
Multi Family
Sewer
Public Sewer
Water Source
Public
Zoning
CLD-25 (city)

Interior Features

Appliances
Dryer / Dishwasher / Electric Water Heater / Disposal / Microwave / Range / Refrigerator / Water Heater / Washer
Cooling
Central Air / Ceiling Fans / Electric
Heating
Central / Electric
Flooring
Ceramic Tile
Interior Features
Tub Shower / Walk In Closets
Laundry
Laundry Closet / Washer Dryer Install Allowed
Main Level Bedrooms
1
Main Level Baths
1
Total Rooms
3
Furnished
Unfurnished

Exterior Features

Construction
CBS Concrete Block Structure / Block
Roof
Flat
Exterior Features
Balcony / Outdoor Living Area
Pool Features
Association
Patio & Porch
Covered / Balcony
Waterfront Features
None
View
City

Community & HOA

HOA Fee
$767 / Monthly
HOA Includes
Cable Tv / Pools / Reserve Fund / Sewer / Trash / Water / Internet
Association Amenities
Bike Storage / Business Center / Clubhouse / Elevators / Fitness Center / Management / Pool / Spa Hot Tub / Trash
Community Features
Property Manager On Site
Security
Security System / Fire Sprinkler System / Key Card Entry / Smoke Detectors
Utilities
Cable Available / Electricity Available / Sewer Connected / Water Connected
Pets Allowed
Breed Restrictions / Number Limit / Size Limit / Yes
Financing Terms
Cash / Conventional
Restrictions
No Commercial Vehicles / No Smoking / Okay To Lease1st Year / Ok To Lease
MLS Area
5420

Schools

Elementary School
Roosevelt
Middle School
Bear Lakes
High School
Palm Beach Lakes

Montecito Palm Beach Condo is a gated community in West Palm Beach, Palm Beach County, Florida. Active listings are priced from $225,000 to $445,000. Homes were built starting 2003. Pure Equity lists homes in Montecito Palm Beach and represents buyers. Commission is negotiable, and what we are paid is agreed with you in writing before you commit to anything.

Homes for Sale
6
Under Contract
1
Median List Price
$402,000
Median $/Sq Ft
$363
Avg Days on Market
127
View all 6 homes for sale in Montecito Palm Beach →
How do I schedule a tour of 616 Clearwater Park Road 1007, West Palm Beach, FL 33401?
Use the Tour button on this listing to request a showing of 616 Clearwater Park Road 1007, West Palm Beach, FL 33401. Pick a day and time and choose an in-person or video-chat tour, and a Pure Equity agent will confirm your visit, often the same day.
Is 616 Clearwater Park Road 1007, West Palm Beach, FL 33401 still available?
616 Clearwater Park Road 1007, West Palm Beach, FL 33401 is currently listed as Under Contract, and has been on the market 14 days. Status updates directly from the MLS as homes go under contract, so ask us to confirm availability before you plan a visit.
How much is the monthly payment for 616 Clearwater Park Road 1007, West Palm Beach, FL 33401?
With 20% down ($51,800) on the $259,000 list price and a 30-year fixed loan at an illustrative 6.875% rate, the estimated principal & interest for 616 Clearwater Park Road 1007, West Palm Beach, FL 33401 is about $1,361/mo, before property taxes, insurance, and HOA dues. Use the payment estimate on this page to adjust the down payment and rate.
How do I get pre-approved to buy 616 Clearwater Park Road 1007, West Palm Beach, FL 33401?
Getting pre-approved shows sellers you're a serious buyer and clarifies your true budget before you offer on 616 Clearwater Park Road 1007, West Palm Beach, FL 33401. Contact Pure Equity and we'll connect you with a trusted local lender to review your financing options, no obligation.
Does 616 Clearwater Park Road 1007, West Palm Beach, FL 33401 have an HOA fee?
Yes: 616 Clearwater Park Road 1007, West Palm Beach, FL 33401 carries an HOA fee of about $767 monthly. HOA dues usually cover community amenities and shared maintenance; ask us for the current budget, rules, and exactly what's included.
What schools serve 616 Clearwater Park Road 1007, West Palm Beach, FL 33401?
616 Clearwater Park Road 1007, West Palm Beach, FL 33401 is zoned for Roosevelt (elementary), Bear Lakes (middle), Palm Beach Lakes (high). School assignments and boundaries can change year to year, so confirm current zoning with the local school district before you buy.
Can I negotiate the price of 616 Clearwater Park Road 1007, West Palm Beach, FL 33401?
Often, yes. The right offer on 616 Clearwater Park Road 1007, West Palm Beach, FL 33401 depends on how it's priced against comparable condo sales in West Palm Beach, how long it's been listed, and how motivated the seller is. Pure Equity will run the comps and help you craft a competitive, well-supported offer.

Listing courtesy of Anderson & Carr

Listing information is provided by BeachesMLS, Inc.and is deemed reliable but not guaranteed accurate by the MLS or Pure Equity. Information is for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties. © 2026 BeachesMLS, Inc. Last updated November 15, 2026.

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Listed by Kristyn Leigh Kilker, Anderson & Carr

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