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1 Day on Market
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$225,000

616 Executive Center Drive 107

West Palm Beach, FL 33401

LAKE PLACE CONDO

Explore the area: West Palm Beach homes for sale · Palm Beach County real estate

How this price compares

List price
$225,000
Price per sq ft
$292
Vs. nearby sales
18.2% above
Days on market
1

This 2-bedroom condo in Lake Place Condo is listed at $225,000, or $292 per square foot. It has been on the market for 1 day. The 3 most recent condo sales in the closings shown below sold at a median of $247 per square foot, so the asking price is 18.2% above what comparable homes here actually sold for.

2
Bedrooms
2
Bathrooms
770
Living Sq Ft
1992
Year Built

Estimated monthly payment

$1,182 /mo

Principal and interest only, based on $45,000 down (20%), a 6.875% 30-year fixed rate. Property taxes, homeowners insurance, and the $667/mo HOA are not included.

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Listing Snapshot

Price
$225,000
Days on Site
1 Days
Bedrooms
2
Total Baths
2
Full Baths
2
Partial Baths
0
Living Area
770 sqft
Year Built
1992
Property Type
Condo
MLS #
A12102148
Property Tax
$3,785 (2025)
HOA Fees
$667 / Monthly
Subdivision
LAKE PLACE CONDO
County
Palm Beach
Status
Active
Special Conditions
Corporate Listing / Listed As Is

About This Property

Located in a desirable neighborhood, this charming 2-bedroom, 2-bathroom condo at 616 Executive Center Dr offers a perfect blend of comfort and convenience. The spacious layout features bright, open living spaces with modern finishes, creating a welcoming atmosphere. The well-appointed kitchen is perfect for home cooking, while the generous bedrooms provide ample room for relaxation. Enjoy the convenience of on-site amenities and proximity to shopping, dining, and major roads. Ideal for those looking for a low-maintenance home in a prime location.

Virtual Tour

General Features

Property Type
Condo
Status
Active
Year Built
1992
Property Condition
Resale
Number of Stories
2
Garage Spaces
1
Parking
Guest
Living Sq Ft
770

Interior Features

Appliances
Dryer / Dishwasher / Electric Range / Microwave / Washer
Cooling
Electric
Heating
Electric
Flooring
Tile
Interior Features
Main Level Primary
Furnished
Unfurnished

Exterior Features

Construction
Block
Exterior Features
Outdoor Living Area
Architectural Style
Other
Pool Features
Association
Patio & Porch
Patio
View
Garden

Community & HOA

HOA Fee
$667 / Monthly
HOA Includes
Recreation Facilities / Water
Association Amenities
Clubhouse / Fitness Center / Pool / Parking / Tennis Courts
Security
Security Fence
Pets Allowed
Pet Restrictions / Yes
Financing Terms
Conventional / FHA / Va Loan
Restrictions
Limited Number Vehicles / Other Restrictions
MLS Area
5410

This home's HOA fee works out to $667 a month, in line with the $668 median across 4 homes for sale in Lake Place Condo. See Lake Place Condo HOA fees

Schools

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

Lake Place is a luxury community in West Palm Beach, Palm Beach County, Florida. Properties are priced from $6,000,000 to $10,500,000. Pure Equity lists homes in Lake Place 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
4
Median List Price
$228,444
Median $/Sq Ft
$297
Avg Days on Market
174
View all 4 homes for sale in Lake Place →
How do I schedule a tour of 616 Executive Center Drive 107, West Palm Beach, FL 33401?
Use the Tour button on this listing to request a showing of 616 Executive Center Drive 107, 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 Executive Center Drive 107, West Palm Beach, FL 33401 still available?
616 Executive Center Drive 107, West Palm Beach, FL 33401 is currently listed as Active, and has been on the market 1 day. 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 Executive Center Drive 107, West Palm Beach, FL 33401?
With 20% down ($45,000) on the $225,000 list price and a 30-year fixed loan at an illustrative 6.875% rate, the estimated principal & interest for 616 Executive Center Drive 107, West Palm Beach, FL 33401 is about $1,182/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 Executive Center Drive 107, 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 Executive Center Drive 107, 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 Executive Center Drive 107, West Palm Beach, FL 33401 have an HOA fee?
Yes: 616 Executive Center Drive 107, West Palm Beach, FL 33401 carries an HOA fee of about $667 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 Executive Center Drive 107, West Palm Beach, FL 33401?
616 Executive Center Drive 107, West Palm Beach, FL 33401 is zoned for Westward (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 Executive Center Drive 107, West Palm Beach, FL 33401?
Often, yes. The right offer on 616 Executive Center Drive 107, 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 Avanti Way Realty LLC

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 October 7, 2026.

$225,000

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Listed by Paola Peccoud, Avanti Way Realty LLC

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