Condo in 5200 N Flagler Drive 1202, West Palm Beach, FL 33407 for sale with MLS# B26097513

This two-bedroom, two-bath condominium on the 12th floor of Placido Mar offers 1,235 square feet of waterfront living . Placido Mar is located in an up and coming area of West West Palm Beach. Ideally located just minutes from top dining, shopping, and recreation. This condo offers a rare opportunity to enjoy tranquil waterfront living without sacrificing convenience. A true coastal retreat with views that never get old. Residents enjoy a saltwater pool plus tennis and pickleball courts.

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5200 N Flagler Drive 1202, West Palm Beach, FL 33407

Price
Price:
$438,000.00
Original List Price:
$438,000.00
List Price per Sq Ft (Calculated, Approx.):
$354.65
Property Status and Type
Listing Type:
For Sale
Status:
Active
Special Sale Conditions:
Standard
Listing Category:
Residential
Property Type:
Condominium
Description of Last Important Update:
New Listing
Last Major Update on:
November 7, 2026 1:24 pm
Other Special Conditions:
Sold As-is
Rooms Distribution
Bedrooms:
2
Bathrooms Total:
2
Full Bath:
2
Room Type:
Kitchen, Living Room, Master Bedroom
Measures
Living Area:
1,235 Sqft
Built-Up Area:
1,436 Sqft
Building Area Source:
Public Records
Living Area Source:
Public Records
Property Features
View from the Property:
Ocean, Intracoastal
Waterfront:
Yes
Waterfront Features:
Intracoastal
Security:
Gated With Guard
Furnished:
Partially
Appliances:
Dryer, Dishwasher, Microwave, Refrigerator, Washer, Electric Range, Electric Water Heater, Water Heater
Interior:
Entrance Foyer, Storage
Exterior:
Balcony, Tennis Court(s), Storage
Laundry:
Washer Hookup
Air Conditioning
Air Conditioning System:
Central Individual
Heating
Heating System:
Central Individual
Property Entrance Faces:
East
Unit Description:
Interior Hallway
Balcony Details:
Balcony - Covered
Storm Protection Accordian Shutters:
Complete
Construction
Year Built:
1974
Roof:
Other
Architectural Style:
Contemporary
Levels:
One
Construction Materials:
Concrete
Flooring:
Laminate
Number of stories:
26
Structure Type:
Multi Family
Stories:
1
Flood Zone Code:
AE,VE,X
Property Condition:
Resale
Taxes and Expenses
Tax Annual Amount:
$6,961.43
Tax Year:
2025
Tax Assessed Value:
$330,000.00
Association Fee:
$1,527.24
Association Fee Frequency:
Monthly
Property Tax Details:
No Homestead
Parking
Parking Total Spaces:
1
Carport Spaces:
1
Covered Spaces:
1
Parking Features:
Deeded, Detached Carport, Carport
Carport
Utilities
Sewer:
Public Sewer
Utilities Available:
Sewer Available, Electricity Connected, Water Connected
Water Source:
Public
Community
Association
Association Membership:
Mandatory
Application Required
Application Fee:
$150.00
Application Information:
Personal Interview Required, Association Approval Required
Association Type:
Condominium
Lease Number Times per Year Allowed:
1
Amenities Provided by the Homeowner's Association (HOA):
Community Room, Trash Chute, Storage, Fitness Center, Tennis Court(s), Lobby
Subdivision Name:
PLACIDO MAR CONDO
Association Fee Includes:
Maintenance Grounds, Water, Trash, Cable Tv, Security, Common Areas, Insurance, Elevator, Common Real Estate Tax
Association Name:
Placido Mar Association
Senior Community:
No
Association Phone:
561-842-3233
Restrictions:
Buyer Approval Required, Parking - No Boat, Parking - No Commercial Vehicles, Parking - No Rv, Lease Restrictions, Limited # Vehicles, Parking - No Trailer
Minimum Days per Lease:
90
Leasing Permitted
Leasing Permitted Details:
Okay To Lease With Restrictions
Terms
Listing Terms Considered by Seller:
Cash, Conventional
Buyer Possession:
Close Of Escrow
Zoning and Legal
Tax Legal Description:
PLACIDO MAR COND UNIT 1202
Real Estate Folio Number (Parcel Number):
74434304230011202
Zoning:
MF32 (city)
Public Schools Assigned
Elementary School:
Palm Beach Public
High School:
Palm Beach Lakes
Middle Or Junior School:
John F. Kennedy (palm Beach)
Listing History
Active on the market since:
November 7, 2026
Listing Agreement executed on:
November 7, 2026
Listing Status Last Changed On:
November 7, 2026 1:24 pm
Photos updated on:
November 7, 2026 1:24 pm
Last Modified:
November 7, 2026 1:55 pm
Additional Information
Courtesy of:
Browning Realty
Attribution:
Not provided
Location
Floor Number:
12
Street Name:
Flagler
Street Number:
5200
Unit Number:
1202
City:
West Palm Beach
State:
Florida
Zip Code:
33407
County:
Palm Beach
Latitude:
N26° 45' 25.7''
Longitude:
W81° 56' 54.1''
Street Suffix:
Drive
Street Direction Prefix:
N
Property Map

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Neighborhood Stats

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

Median Household Income $56,606
Median Home Value $290,500
Median Rent $1,551/mo
Median Age 37
Population 34,728
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Association of REALTORS®
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