Placido Mar Condo

5200 N Flagler Drive # 1106, West Palm Beach FL 33407

2 beds · 2 baths · 1,235 ft²

For Sale · Active Listing

$399,000

Est. Payment $2,124/mo

MLS Sheet Video

2

Bedrooms

2

Bathrooms

1,235

Sq. Ft.

1974

Year Built

26

Stories

0

Days on Market

Description

Welcome to Placido Mar, a private waterfront residence in West Palm Beach's sought-after Northwood Harbour Marina District. Positioned directly along the Intracoastal Waterway with sweeping views toward Palm Beach Island, this gated community offers a rare combination of waterfront living, privacy, and convenience. Located on the 11th floor, this spacious 2-bedroom, 2-bathroom residence features a desirable split-bedroom floor plan with beautiful, elevated views and abundant natural light. Residents enjoy an attended lobby, fitness center, tennis court, resort-style pool, and a private common dock ideal for kayaking, fishing, or simply enjoying the waterfront surroundings. A dedicated carport space is also included. The building has undergone significant improvements, with the assessment fully paid by the seller. Recent and ongoing upgrades include freshly painted and renovated balconies, new elevators, a remodeled lobby, a new fire alarm system, replacement of all fire doors, parking lot resurfacing, and new landscaping currently in progress. The beautifully maintained grounds further enhance the community's appeal. Placido Mar is ideally located just minutes from Downtown West Palm Beach, CityPlace, Palm Beach, fine dining, shopping, entertainment, and nightlife. With major luxury developments such as the new Alba Palm Beach and the Mandarin Oriental Residences coming nearby, the Northwood Harbour Marina District continues to experience exciting growth and transformation. A wonderful opportunity to own a waterfront residence in one of West Palm Beach's most desirable emerging locations.

Facts

MLS#
B26068787
Subdivision
Placido Mar Condo
Property Type
Residential
Property Sub Type
Condominium
Year Built
1974
Lot Size
0 acres
Sq. Ft.
1,235 ft²
Sq. Mt.
115 m²
Price per sq. ft.
$323/ft²
Price per sq. mt.
$3,470/m²
Stories
26
Garage
Pool
Private
Days on Market
Listed
Aug 26, 2026
Last Updated
Aug 26, 2026
Price/Lot Sq.Ft.

Comparable homes

Same ZIP, similar price + bedrooms.

Market insights for West Palm Beach

Live MLS-derived activity. Forecast is a conservative rule-of-thumb estimate — not a guarantee.

Sellers market

August 2026

100/100
Buyers marketSellers market

30

Median days to sold

+4.5%

1-year price forecast (est.)

Price & tax history

From the live MIAMI MLS feed. Older history requires the ListingHistory resource (not yet enabled).

8/26/2026Listed for sale$399,000

History reflects fields present on the live MLS record. Full multi-year history requires the MIAMI ListingHistory resource (not yet enabled).

Location

5200 N Flagler Drive # 1106, West Palm Beach FL 33407Directions

Estimated Monthly Payment

$2,606/mo

Principal & Interest

$2,124

Property Tax

$333

Insurance

$150

HOA

$0

20% ($79,800)
7.00%
30 years
1.00% (FL avg ~1.0%)
$0/mo
$150/mo

Estimates only. Actual payment depends on credit, lender, insurance carrier, and FL/Miami-Dade specifics. Contact Rangely for a precise quote.

Rangely Adames

Rangely Adames

Sales Associate | Sunland Group

Hablo Español

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Accuracy of listing information is not guaranteed. Listing information is provided for personal consumer, non-commercial use, solely to identify potential properties for potential purchase. All other use is strictly prohibited and may be a violation of federal and state law.

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Updated 1 hour ago

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