5200 N Flagler Drive 503, West Palm Beach, FL 33407 (MLS# B26049403)

5200 N Flagler Drive 503, West Palm Beach, FL 33407

$425,000
Property Type: Residential Bedrooms: 2 Baths: 2 Square Footage: 1,436 Status: Active
Current Price: $425,000 List Date: 7/07/2026 Last Modified: 9/04/2026

Overview

Description

Breathtaking Direct Intracoastal Views! Enjoy the best of Florida living watching the sun rise and the manatees. Views from living room and both bedrooms.Owner is installing new flooring. There is a step in shower in the 2nd bedroom. Building has undergone an impressive 6 million dollar renovation which is nearly complete, assessment will be paid in full at closing. Placido Del Mar is a unique building on a wide waterfront with a man gated entry and secure building. Resort style amenities include a heated saltwater pool, sauna, tennis/pickelball, fitness center, fishing pier, club room, kayak & bike racks (coming soon) and bbq area! Owner Financing Option Available w/money down.

Listing Details MLS# B26049403

General Property Information

Unit Floor #
5
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
Parking Total
Yes
Gated Community YN
Yes
Senior Community YN
No
Waterfront YN
Yes
Outdoor Living Spaces YN
Yes
Stories Total
26
Stories
Yes
Direction Faces
West
Fireplace YN
No
Pool Private YN
No
Furnished
Unfurnished
Washer/Dryer Allowed YN
Yes
LP/Assessed Value
1.44

Property Features

Application Information: 3-4 Weeks Approval; Association Approval Required Association Amenities: Gated Association Fee Includes: Cable TV; Common Areas; Elevator; Insurance; Internet; Maintenance Grounds; Trash; Water Exterior Features: Storage Flooring: Vinyl Leasing Permitted Details: Okay To Lease With Restrictions Parking Features: Assigned; Deeded; Guest Property Condition: Resale Special Listing Conditions: Standard Appliances: Dishwasher; Dryer; Electric Range; Microwave; Refrigerator; Washer; Water Heater; Range Water Heater Details: Electric Water Heater Construction Materials: Concrete Block - With Stucco Cooling: Central Air Association Type: Condominium Heating: Central Interior Features: Bedroom Layout - Split; Walk-In Closet(s) Laundry Features: In Unit Levels: One Listing Terms: Cash; Conventional Other Structures: Gazebo Pets Allowed YN: No Possession: Close Of Escrow Restrictions: Lease Restrictions; Parking - No Boat; Parking - No Commercial Vehicles; Parking - No RV; Parking - No Trailer Other Leasing Restrictions: Leasing Prohibited 1st 2 Years Roof: Concrete Security Features: Entry - Phone/Intercom; Gated with Guard Sewer: Public Sewer Special Information: Sold As-Is Structure Type: Multi Family Tax Information: City/County Utilities: Cable Available; Water Available View: Water Water Source: Public Water View: Intracoastal Waterfront Features: Intracoastal Window Features: Shutters Showing Requirements: Text Listing Agent Outdoor Living Spaces: Balcony Balcony Details: Balcony - Covered Room Types: Bedroom 2; Kitchen; Living Room; Master Bedroom

Contract Information

Comp Sale YN
No
Original List Price
425000
Negotiable Seller Concessions YN
No
Occupant Type
Vacant
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
503
Municipality Type
Incorporated
Municipal Code
74
State Or Province
FL
Postal Code
33407
Postal Code +4
2777
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
74434304230005030
Subdivision Number
23
Zoning
MF32 (city)
Flood Zone
AE,VE,X
Directions
45th St. E, R on Flagler to property

Financial Information

Association YN
Yes
Association Deposit YN
No
Association Fee
4581.7
Association Fee Frequency
Quarterly
Association Membership
Mandatory
Application Required YN
Yes
Association Name
Placido Mar
Association Phone
561-842-3233
Association Email
cole.wiles@fsresidential.com
Master Association YN
No
Estimated Monthly Assoc Recurring Fee
1528
Membership Fee Required YN
No
Tax Annual Amount
6245.84
Tax Year
2025
Tax Assessed/SOH Value
295000
Tax Legal Description
PLACIDO MAR COND UNIT 503
Assessor Market Value
295000

Status Change Information

Major Change Timestamp
2026-07-07T01:47:03Z
Major Change Type
New Listing
Status Change Date
2026-07-06

More Information

Application Fee Details

Application Fee Required
Yes
Application Fee
150

Leasing Permitted Details

Leasing Permitted YN
Yes

Parking Information

Parking Space Number
164

Main Level Rooms

Main Level Bathrooms
2
Main Level Bedrooms
2

Leasing Restrictions

Leasing - Max Times Per Year
Yes
Leasing - Minimum Number of Days
90

Storm Protection

Accordian Shutters
Complete

Room Types

Bedroom 2 Level
Main
Kitchen Level
Main
Living Room Level
Main
Master Bedroom Level
Main

Price Calculations

Current Price To SqFt
344.12

Originating Details

Originating System Key
20260706210433201909000000
Originating System ID
M00000170

Room Information

Room Name Length Width Level
Living Room 299.00 141.00 Main
Master Bedroom 154.00 136.00 Main
Bedroom 2 14.00 136.00 Main
IDX
Listing Office: Illustrated Properties LLC (Co
Last Updated: September - 04 - 2026
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.