5200 N Flagler Drive 404, West Palm Beach, FL 33407 (MLS# RX-11117765)

5200 N Flagler Drive 404, West Palm Beach, FL 33407

$395,000
Property Type: Residential Bedrooms: 2 Baths: 2 Square Footage: 1,235 Status: Active
Current Price: $395,000 Last Modified: 11/26/2025

Description

ALL ASSESSMENTS PAID — exceptional Intracoastal value with a covered parking spot. This spacious 2-bed, 2-bath residence offers water views from every room and a generous indoor-outdoor layout with a full-length balcony designed to capture coastal breezes and natural light. The open kitchen features granite countertops, stainless-steel appliances, and ample cabinetry, while a 2024 AC unit provides added comfort and peace of mind. Durable tile flooring grounds the main living areas, and the split-bedroom floor plan ensures privacy for guests or remote work needs. Every room opens to the balcony, creating a bright, breezy living experience with serene views of the Intracoastal and palm-framed pool deck. The primary suite includes a walk-in closet and spacious bath, and the home offers

Supplements: excellent storage throughout, including full accordion shutters for storm protection. Placido Mar delivers full-service, resort-style living with a direct Intracoastal pool, fitness center, tennis and pickleball courts, billiards room, library, extra storage, onsite management, and 24-hour manned security. Ideally positioned along the rapidly growing North Flagler waterfront corridor  minutes to Palm Beach Island, Rybovich Marina, The Square, beaches, and the redevelopment of Currie Park  this residence offers lasting value, lifestyle, and long-term investment appeal in one of West Palm Beach's most dynamic coastal neighborhoods.

More Information MLS# RX-11117765

Contract Information

Auction: No List Price/SqFt: 319.84 Negotiable Seller Concessions YN: Yes Listing Date: 2025-08-22 Status: Active Original List Price: 430000 List Price: $395,000 Current Price: $395,000

General Property Description

Governing Bodies: HOA W/D Allowed: Yes Main Level Bedrooms: 2 Main Level Bathrooms: 2 Property Condition: Resale SqFt - Total: 1436 Waterfront: Yes SqFt Source: Tax Rolls Gated Community: Yes Covered Spaces: 1 Homeowners Assoc: Mandatory Pets Allowed: No Pets on Premises: No Front Exp: West HOA/POA/COA (Monthly): 1529.56 Unit Floor #: 4 Application Fee: 150 Association Deposit: No Directions: From I-95, exit 45th st and 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. Membership Fee Required: No Private Pool: No Type: Condo/Coop Total Bedrooms: 2 Baths - Full: 2 Baths - Total: 2 Year Built: 1974 SqFt - Living: 1235 Subdivision: PLACIDO MAR CONDO Legal Desc: PLACIDO MAR COND UNIT 404 Total Floors/Stories: 26

Location, Tax & Legal

Geo Area: PB20 Country: United States State/Province: FL HOPA: No Hopa Short Sale: No Tax Year: 2024 Zoning: MF32(c Short Sale A/U: N/A Short Sale Addendum: No Taxes: 1944.68 Special Assessment: No REO: No Area: 5420 County: Palm Beach Parcel ID: 74434304230004040 Street #: 5200 Street Dir: N Street Name: Flagler Street Suffix: Drive Unit #: 404 Zip Code: 33407 Geo Lat: 26.75712 Geo Lon: -80.051622

Office/Member Info

DXORIGMLNO: RX-11117765 DXORIGMLSID: RML

Construction

CBS: 1

Master Bedroom/Bath

Combo Tub/Shower: 1

View

Intracoastal: 1

Rooms

Laundry-Inside: 1 Laundry-Util/Closet: 1 Storage: 1

Waterfront Details

Intracoastal: 1

Equip/Appl Included

Dishwasher: 1 Disposal: 1 Dryer: 1 Fire Alarm: 1 Microwave: 1 Range - Electric: 1 Refrigerator: 1 Smoke Detector: 1 Storm Shutters: 1 Washer: 1 Water Heater - Elec: 1

Laundry Appliances Included

Washer and Dryer: 1

Cooling

Ceiling Fan: 1 Central: 1 Electric: 1

Heating

Central: 1 Electric: 1

Furnished

Furniture Negotiable: 1

Interior Features

Built-in Shelves: 1 Entry Lvl Lvng Area: 1 Fire Sprinkler: 1 Split Bedroom: 1 Walk-in Closet: 1

Flooring

Carpet: 1 Ceramic Tile: 1

Porch/Patio/Balcony

Balcony: 1

Utilities

Cable: 1 Public Sewer: 1 Public Water: 1

Parking

Assigned: 1 Carport - Detached: 1 Covered: 1

Restrict

Commercial Vehicles Prohibited: 1 Interview Required: 1 Lease OK w/Restrict: 1

Security

Gate - Manned: 1

Subdiv. Amenities

Billiards: 1 Clubhouse: 1 Community Room: 1 Elevator: 1 Extra Storage: 1 Fitness Center: 1 Internet Included: 1 Library: 1 Lobby: 1 Manager on Site: 1 Pickleball: 1 Pool: 1 Shuffleboard: 1 Tennis: 1 Trash Chute: 1

Maintenance Fee Incl

Cable: 1 Common Areas: 1 Elevator: 1 Insurance-Bldg: 1 Lawn Care: 1 Maintenance-Exterior: 1 Manager: 1 Parking: 1 Pool Service: 1 Reserve Funds: 1 Roof Maintenance: 1 Security: 1 Trash Removal: 1 Water: 1

Terms Considered

Cash: 1 Conventional: 1

Possession

At Closing: 1

Showing Instructions

Text Listing Agent: 1

Storm Protection

Accordion Shutters: Complete

Taxes

City/County: 1

Property Features

Construction: CBS View: Intracoastal Waterfront Details: Intracoastal Interior Features: Built-in Shelves; Entry Lvl Lvng Area; Fire Sprinkler; Split Bedroom; Walk-in Closet Furnished: Furniture Negotiable Rooms: Laundry-Inside; Laundry-Util/Closet; Storage Parking: Assigned; Carport - Detached; Covered Maintenance Fee Incl: Cable; Common Areas; Elevator; Insurance-Bldg; Lawn Care; Maintenance-Exterior; Manager; Parking; Pool Service; Reserve Funds; Roof Maintenance; Security; Trash Removal; Water Restrict: Commercial Vehicles Prohibited; Interview Required; Lease OK w/Restrict Security: Gate - Manned Flooring: Carpet; Ceramic Tile Heating: Central; Electric Cooling: Ceiling Fan; Central; Electric Laundry Appliances Included: Washer and Dryer Terms Considered: Cash; Conventional Utilities: Cable; Public Sewer; Public Water Taxes: City/County Possession: At Closing Showing Instructions: Text Listing Agent

Room Information

Living Room Length: 20.00 Width: 14.00 Length: 20.00 Level: Main Width: 14.00 Kitchen Length: 12.00 Width: 9.00 Length: 12.00 Level: Main Width: 9.00 Master Bedroom Length: 15.00 Width: 14.00 Length: 15.00 Level: Main Width: 14.00 Bedroom 2 Length: 14.00 Width: 13.00 Length: 14.00 Level: Main Width: 13.00
Listing Office: Douglas Elliman
Last Updated: November - 26 - 2025
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