Condo in 5200 N Flagler Drive 603, West Palm Beach, FL 33407 with MLS# R11149839

RARE opportunity to own an open concept condo directly on the Intracoastal. As soon as you enter into this condo there are unobstructed water views everywhere! This condo sits directly in the middle of the building giving the best views & the most light this condo community offers. The condo boasts updated kitchen with plenty of storage, updated bathrooms with a bidet in master bathroom, expansive sliders, all windows impact glass, NO Popcorn, marble floors, tankless water heater, & includes hurricane shutters on balcony. The center location of this condo allows for more windows & extra light into the home. The primary bedroom has built in shelves, drawers & a vanity. This room also has a private balcony to enjoy the Eastern sunrises and sights of manatees in the morning. Built-ins included in all closets. BONUS* INCLUDES A COVERED PARKING SPACE!* The condominium recently went under a 6-million-dollar renovation, ASSESSMENT PAID BY SELLER, completed milestone, new elevator, lobby, & amenities like tennis court, pickle ball, exercise room with sauna, heated saltwater pool, fishing pier, kayak and bike racks (to come), & outside grill. Placido Mar is a gated community with a guarded entrance & has onsite management and is walkable to Manatee Lagoon! This 2-bedroom condo, made into 1 bedroom (which can be easily converted back) will offer the tranquility needed in this well cared for condominium. Condo includes a covered parking space! Closing Costs Incentive for buyers using preferred lender - Supreme Lending, Michael Task to finance the subject property. A lender credit of $3000 will be credited at closing to the buyer's closing costs.

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Days on the market

5200 N Flagler Drive 603, West Palm Beach, FL 33407

Price
Price:
$427,000.00
Original List Price:
$427,000.00
List Price per Sq Ft (Calculated, Approx.):
$345.74
Close Price:
$410,000.00
Transaction closed on:
March 24, 2026
Property Status and Type
Listing Type:
Sold
Status:
Closed
Contingency:
Pending
Listing Category:
Residential
Property Type:
Condominium
Description of Last Important Update:
Status Change
Last Major Update on:
March 27, 2026 4:44 pm
Other Special Conditions:
Sold As-is
Rooms Distribution
Bedrooms:
2
Bathrooms Total:
2
Full Bath:
2
Room Type:
Laundry, Bedroom 2, Kitchen, Living Room, Master Bedroom
Rooms Total:
5
Master Bedroom Bath:
Combo Tub/shower
Measures
Living Area:
1,235 Sqft
Built-Up Area:
1,436 Sqft
Building Area Source:
Public Records
Property Features
View from the Property:
Intracoastal
Waterfront:
Yes
Waterfront Features:
Intracoastal
Security:
Gated With Guard
Appliances:
Dryer, Dishwasher, Microwave, Refrigerator, Washer, Electric Range
Interior:
Pantry, Walk-In Closet(s)
Exterior:
Balcony
Laundry:
Inside
Air Conditioning
Air Conditioning System:
Central Air, Ceiling Fan(s)
Heating
Heating System:
Central
Property Entrance Faces:
West
Unit Description:
Interior Hallway
Storm Protection Impact Glass:
Complete
Construction
Year Built:
1974
Levels:
Two
Construction Materials:
CBS
Flooring:
Marble
Number of stories:
25
Property Condition:
Resale
Taxes and Expenses
Tax Annual Amount:
$6,348.00
Tax Year:
2025
Association Fee:
$1,527.24
Association Fee Frequency:
Monthly
Property Tax Details:
No Homestead
Parking
Garage Spaces:
0
Covered Spaces:
0
Parking Features:
Covered, Assigned, Guest
Utilities
Utilities Available:
Cable Available
Community
Association
Association Membership:
Mandatory
Application Required
Application Fee:
$150.00
Association Type:
Condominium
Amenities Provided by the Homeowner's Association (HOA):
Pool, Community Room, Storage, Elevator(s), Fitness Center, Tennis Court(s), Shuffleboard Court, Pickleball Court(s), Manager On Site
Subdivision Name:
PLACIDO MAR CONDO
Association Fee Includes:
Maintenance Grounds, Cable Tv, Insurance, Elevator
Senior Community:
No
Restrictions:
Parking - No Commercial Vehicles, Limited # Vehicles
Terms
Listing Terms Considered by Seller:
Cash, Conventional
Buyer Possession:
Negotiable, Close Of Escrow
Zoning and Legal
Tax Legal Description:
PLACIDO MAR COND UNIT 603
Real Estate Folio Number (Parcel Number):
74434304230006030
Zoning:
MF32(c
Public Schools Assigned
High School:
Palm Beach Lakes
Middle Or Junior School:
John F. Kennedy (palm Beach)
Listing History
Active on the market since:
December 26, 2025
Listing Agreement executed on:
December 26, 2025
Purchase Contract Date:
February 21, 2026
Listing Status Last Changed On:
March 27, 2026 4:44 pm
Photos updated on:
January 28, 2026 11:24 pm
Last Modified:
March 27, 2026 4:44 pm
Additional Information
Courtesy of:
Block Realty
Attribution:
Not provided
Location
Street Name:
Flagler
Street Number:
5200
Unit Number:
603
City:
West Palm Beach
State:
Florida
Zip Code:
33407
County:
Palm Beach
Latitude:
N26° 45' 26''
Longitude:
W81° 56' 55.1''
Street Suffix:
Drive
Street Direction Prefix:
N
Property Map

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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This listing can also be located in the MLS system as RX-11149839
Association of REALTORS®
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