Condo in 1638 Embassy Drive 205, West Palm Beach, FL 33401 for sale with MLS# B26022891

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

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1638 Embassy Drive 205, West Palm Beach, FL 33401

Price
Price:
$149,999.00
Original List Price:
$155,000.00
List Price per Sq Ft (Calculated, Approx.):
$185.62
Property Status and Type
Listing Type:
For Sale
Status:
Active Under Contract (An offer has been accepted, considering Backup Offers)
Contingency:
Active Under Contract
Special Sale Conditions:
Standard
Listing Category:
Residential
Property Type:
Condominium
Description of Last Important Update:
Status Change
Last Major Update on:
June 27, 2026 3:04 pm
Other Special Conditions:
Sold As-is
Rooms Distribution
Bedrooms:
2
Bathrooms Total:
2
Full Bath:
2
Room Type:
Family Room, Bedroom 2, Kitchen, Living Room, Master Bedroom
Rooms Total:
5
Master Bedroom Bath:
Separate Shower
Measures
Living Area:
835 Sqft
Built-Up Area:
905 Sqft
Building Area Source:
Plans
Living Area Source:
Public Records
Property Features
View from the Property:
Garden, Other
Waterfront:
No
Furnished:
Unfurnished
Appliances:
Dishwasher, Refrigerator, Electric Range, Electric Water Heater, Water Heater
Interior:
Walk-In Closet(s), Built-in Features, Storage, Bedroom Layout - Split
Exterior:
Balcony
Windows:
Blinds, Drapes
Air Conditioning
Air Conditioning System:
Central Air
Heating
Heating System:
Central
Property Entrance Faces:
North
Unit Description:
Exterior Catwalk
Balcony Details:
Balcony - Screened
Construction
Year Built:
1973
Roof:
Rolled/hot Mop
Levels:
Two
Construction Materials:
CBS
Flooring:
Vinyl, Laminate
Number of stories:
4
Structure Type:
Multi Family
Stories:
4
Property Condition:
Resale
Taxes and Expenses
Tax Annual Amount:
$2,214.00
Tax Year:
2025
Association Fee:
$595.02
Association Fee Frequency:
Monthly
Property Tax Details:
No Homestead
Parking
Parking Total Spaces:
2
Covered Spaces:
0
Parking Features:
Assigned, Guest, Open
Utilities
Sewer:
Public Sewer
Electric:
Three Phase
Utilities Available:
Cable Available, Sewer Available, Water Available
Water Source:
Public
Community
Association
Association Membership:
Mandatory
Application Required
Application Fee:
$150.00
Application Information:
3-4 Weeks Approval
Association Type:
Condominium
Lease Number Times per Year Allowed:
2
Amenities Provided by the Homeowner's Association (HOA):
Trash Chute, Storage, Elevator(s), Sidewalks, Parking
Subdivision Name:
JAMESTOWN CONDO
Association Fee Includes:
Sewer, Water, Trash, Common Areas, Insurance, Elevator
Senior Community:
No
Development Name:
Jamestown Condo
Association Phone:
561-245-4444
Restrictions:
Buyer Approval Required, Parking - No Boat, Parking - No Commercial Vehicles, Parking - No Rv, Lease Restrictions, No Corporate Buyer
Minimum Days per Lease:
60
Other Leasing Restrictions:
Tenant Approval
Terms
Listing Terms Considered by Seller:
Cash, Conventional
Buyer Possession:
Negotiable, Close Of Escrow
Negotiable Seller Concessions
Zoning and Legal
Tax Legal Description:
JAMESTOWN COND UNIT 205
Real Estate Folio Number (Parcel Number):
74434317150002050
Zoning:
MF32(c
Public Schools Assigned
Elementary School:
Roosevelt
High School:
Palm Beach Lakes
Middle Or Junior School:
Roosevelt Community
Listing History
Active on the market since:
May 1, 2026
Listing Agreement executed on:
April 30, 2026
Purchase Contract Date:
June 27, 2026
Price change occurred on:
June 4, 2026 1:23 pm
Listing Status Last Changed On:
June 27, 2026 3:04 pm
Photos updated on:
May 1, 2026 6:23 pm
Last Modified:
July 13, 2026 9:04 pm
Additional Information
Courtesy of:
Keller Williams Realty - Welli
Attribution:
Not provided
Location
Floor Number:
2
Street Name:
Embassy
Street Number:
1638
Unit Number:
205
City:
West Palm Beach
State:
Florida
Zip Code:
33401
County:
Palm Beach
Latitude:
N26° 43' 41''
Longitude:
W81° 55' 4.9''
Street Suffix:
Drive
Property Map

Neighborhood Stats

Source: U.S. Census Bureau, ACS 5-Year Estimates

Median Household Income $60,942
Median Home Value $430,900
Median Rent $1,774/mo
Median Age 38
Population 31,964

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