5200 N Flagler Drive 1906, West Palm Beach, FL 33407
New ListingOverview
Description
Supplements: ... (Read more) frame the extraordinary waterfront scenery, filling the residence with natural light. Step onto your private balcony and experience the magic of South Florida from 19 stories above, where passing yachts, sparkling blue waters, and spectacular sunrises create an ever-changing masterpiece. Accordion shutters provide additional storm protection along the balcony. The inviting primary suite features a walk-in closet and beautifully renovated en-suite bathroom with contemporary finishes and a glass-enclosed shower. Additional highlights include an in-unit laundry area with a brand-new Electrolux stacked washer and dryer, along with a new water heater. POSITIONED AMONG WEST PALM BEACH'S NEXT GENERATION OF LUXURY WATERFRONT DEVELOPMENTS! Placido Mar is situated between two exciting new construction projects offering residences starting at $3 million and above, yet enjoys a larger property footprint and more extensive waterfront frontage than either development. This remarkable setting presents an exceptional opportunity to enjoy the same coveted Intracoastal location and spectacular waterfront lifestyle at a fraction of the price of neighboring luxury residences. Beyond the residence, Placido Mar offers an impressive collection of resort-style amenities, including a heated waterfront swimming pool, observation and fishing pier overlooking the Intracoastal, tennis and pickleball courts, fitness center, sauna, putting green, shuffleboard, billiards room, waterfront gazebos, outdoor grilling areas, and inviting community gathering spaces. Beautifully landscaped grounds and a 24-hour staffed security gate further enhance the experience. Ideally situated along the Intracoastal Waterway, this exceptional location places you just minutes from Palm Beach Island, downtown West Palm Beach, pristine beaches, world-class dining, shopping, and entertainment. A rare opportunity to own a completely renovated, high-floor waterfront residence offering extraordinary views, exceptional amenities, and an unparalleled South Florida lifestyle. This is waterfront living at its finest!
Listing Details MLS# B26099327
General Property Information
- Total Units In Building
- 145
- Unit Floor #
- 19
- Property Sub Type
- Condominium
- Bedrooms Total
- 2
- Bathrooms Total
- 2
- Bathrooms Full
- 2
- Building Area Main
- 1436
- Building Area Source
- Public Records
- Living Area Main
- 1235
- Living Area Source
- Public Records
- Accessibility Features YN
- No
- Year Built
- 1974
- Carport YN
- Yes
- Attached Carport YN
- No
- Carport Spaces
- 99
- Covered Spaces
- 99
- Parking Total
- 185
- Gated Community YN
- Yes
- Senior Community YN
- No
- Waterfront YN
- Yes
- Outdoor Living Spaces YN
- Yes
- Stories Total
- 26
- Stories
- Yes
- Direction Faces
- Northwest
- Fireplace YN
- No
- Pool Private YN
- No
- Spa YN
- No
- Equestrian Features YN
- No
- Furnished
- Unfurnished
- Washer/Dryer Allowed YN
- Yes
- Year Roof Installed
- 2015
- LP/Assessed Value
- 1.76
Property Features
Contract Information
- Comp Sale YN
- No
- Original List Price
- 624500
- Negotiable Seller Concessions YN
- Yes
- Occupant Type
- Call Listing Agent
- Listing Service
- Full Service
- Seller Represented YN
- Yes
Location and Legal
- Country
- United States
- County Or Parish
- Palm Beach
- Street Number
- 5200
- Street Direction Prefix
- N
- Street Name
- Flagler
- Street Suffix
- Drive
- Unit Number
- 1906
- Municipality Type
- Incorporated
- Municipal Code
- 74
- State Or Province
- FL
- Postal Code
- 33407
- Postal Code +4
- 2776
- Subdivision Name
- PLACIDO MAR CONDO
- Area
- 5420
- Geographic Area
- PB20
- Elementary School
- Northmore
- Middle Or Junior School
- John F. Kennedy (Palm Beach)
- High School
- Palm Beach Lakes
- Special Assessment YN
- Yes
- Parcel Number
- 74434304230011906
- Subdivision Number
- 23
- Zoning
- MF32 (city)
- Flood Zone
- AE,VE,X
- Directions
- From I-95, take the exit for 45th Street East. Continue east on 45th Street, then turn left onto North Flagler Drive. The entrance to the property will be on the right-hand side, directly across from 51st Street.
- Multiple Offers Accepted
- Yes
- Building Name
- 5200 Placido Mar
Financial Information
- Association YN
- Yes
- Association Deposit YN
- Yes
- Association Deposit Amount
- 150
- Association Fee
- 4587.17
- Association Fee Frequency
- Quarterly
- Association Membership
- Mandatory
- Association Reserves YN
- Yes
- Application Required YN
- Yes
- Association Name
- Placido Mar Association Inc
- Association Phone
- 561-842-3233
- Association Email
- cole.wiles@fsresidental.com
- Association Website
- fsresidential.com
- Master Association YN
- No
- Estimated Monthly Assoc Recurring Fee
- 1530
- Membership Fee Required YN
- No
- Tax Annual Amount
- 3006.51
- Tax Year
- 2025
- Tax Assessed/SOH Value
- 355000
- Tax Legal Description
- PLACIDO MAR COND UNIT-1906
- Assessor Market Value
- 355000
Status Change Information
- Major Change Timestamp
- 2026-11-12T12:24:24Z
- Major Change Type
- New Listing
- Status Change Date
- 2026-11-12
More Information
Application Fee Details
- Application Fee Required
- Yes
- Application Fee
- 150
Entry Information
- Entry Level
- Yes
Leasing Permitted Details
- Leasing Permitted YN
- Yes
Parking Information
- Open Parking Spaces
- 99
Boat and Dock Information
- Dock
- No
Co-Ownership
- Property Management YN
- Yes
- Property Management Name
- FirstService Residential
- Property Management Phone
- 561-842-3233
- Property Management Email
- cole.wiles@fsresidential.com
Main Level Rooms
- Main Level Bathrooms
- 2
- Main Level Bedrooms
- 2
Leasing Restrictions
- Leasing - Max Times Per Year
- Yes
- Leasing - Minimum Number of Days
- 365
Storm Protection
- Accordian Shutters
- Complete
- Impact Glass
- Complete
Room Types
- Bedroom 2 Level
- First
- Foyer Level
- First
- Kitchen Level
- First
- Living Room Level
- First
- Master Bedroom Level
- First
Price Calculations
- Current Price To SqFt
- 505.66
Originating Details
- Originating System Key
- 20261028210610098377000000
- Originating System ID
- M00000170
Room Information
| Room Name | Length | Width | Level |
|---|---|---|---|
| Kitchen | 12.00 | 8.00 | First |
| Living Room | 20.00 | 13.00 | First |
| Master Bedroom | 12.00 | 15.00 | First |
| Bedroom 2 | 15.00 | 13.00 | First |
| Foyer | 10.00 | 4.00 | First |
| Utility Room | 4.00 | 7.00 |
Documents

Articles of Incorporation | Placido Mar ›
Placido Mar HOA Adtl Information ›