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5200 N Flagler Drive 603, West Palm Beach, FL 33407 (MLS# RX-11149839)

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

$427,000
Property Type: Residential Bedrooms: 2 Baths: 2 Square Footage: 1,235 Status: Active
Current Price: $427,000 Last Modified: 12/30/2025

Description

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.

Supplements: Built-ins included in all closets. 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.

More Information MLS# RX-11149839

Contract Information

Listing Date: 2025-12-26 Status: Active Original List Price: 427000 Auction: No List Price: $427,000 Current Price: $427,000 List Price/SqFt: 345.75 Negotiable Seller Concessions YN: No

General Property Description

Type: Condo/Coop Governing Bodies: Condo W/D Allowed: Yes Total Bedrooms: 2 Baths - Full: 2 Baths - Total: 2 Property Condition: Resale Year Built: 1974 SqFt - Total: 1436 SqFt - Living: 1235 SqFt Source: Tax Rolls Gated Community: Yes Homeowners Assoc: Mandatory HOA/POA/COA (Monthly): 1527.24 Application Fee: 150 Association Deposit: No Membership Fee Required: No Directions: I-95, exit 45th & head East. Turn right (South) on North Flagler Dr. continue to 5200 N Flagler Dr - Placido Mar Condo is on the East side. DIRECTLY ON THE INTRACOASTAL Subdivision: PLACIDO MAR CONDO Legal Desc: PLACIDO MAR COND UNIT 603 Waterfront: Yes Front Exp: West Private Pool: No Unit Floor #: 6 Pets Allowed: No Pets on Premises: No Total Floors/Stories: 25 Total Units in Bldg: 145

Location Tax Legal

Area: 5420 County: Palm Beach Parcel ID: 74434304230006030 Street #: 5200 Street Dir: N Street Name: Flagler Street Suffix: Drive Unit #: 603 Zip Code: 33407 Geo Lat: 26.757221 Geo Lon: -80.051356

Storm Protection

Impact Glass: Complete

Property Features

Unit Desc: Interior Hallway Construction: CBS View: Intracoastal Waterfront Details: Intracoastal Interior Features: Pantry; Walk-in Closet Furnished: Furniture Negotiable Rooms: Laundry-Inside Parking: Assigned; Guest Maintenance Fee Incl: Cable; Elevator; Insurance-Bldg; Lawn Care; Maintenance-Exterior; Management Fees; Manager Restrict: Commercial Vehicles Prohibited; Maximum # Vehicles Security: Gate - Manned Flooring: Marble Heating: Central Cooling: Ceiling Fan; Central Laundry Appliances Included: Washer and Dryer Terms Considered: Cash; Conventional Utilities: Cable Window Treatments: Impact Glass Special Info: Sold As-Is Taxes: No Homestead Possession: At Closing; Funding

Room Information

Living Room Length: 20.00 Width: 14.00 Length: 20.00 Level: Main Width: 14.00 Kitchen Length: 9.00 Width: 12.00 Length: 9.00 Level: Main Width: 12.00 Master Bedroom Length: 14.00 Width: 15.00 Length: 14.00 Level: Main Width: 15.00 Bedroom 2 Length: 14.00 Width: 13.00 Length: 14.00 Level: Main Width: 13.00
Listing Office: Block Realty
Last Updated: December - 30 - 2025
5200 N Flagler Drive 603, West Palm Beach, FL 33407- MLS# RX-11149839
This information is not verified for authenticity or accuracy and is not guaranteed and may not reflect all real estate activity in the market. Copyright 2026 Beaches Multiple Listing Service, Inc. All rights reserved. Information Not Guaranteed and Must Be Confirmed by End User. Site contains live data.

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