LITTLE RANCHES 1ST ADD,SOSO

5501 S Flagler Drive, West Palm Beach FL 33405

5 beds · 4.5 baths · 5,000 ft²

Closed

$12,950,000

7.17%

Est. Payment $68,925/mo

MLS Sheet Video

5

Bedrooms

4.5

Bathrooms

5,000

Sq. Ft.

2003

Year Built

2

Garage

2

Stories

144

Days on Market

Description

IMPRESSIVE 100-FT WATERFRONT ESTATE INCLUDING ITS OWN PRIVATE DOCK & BOAT LIFT. Newly renovated with every luxury for the discerning buyer, this 5-bed home offers breathtaking views of Billionaires Row, widest part of the Intracoastal Waterway, from all main rooms. Featuring 11-ft ceilings, 6,000 total square feet of meticulously redesigned living space, elevator, and a desirable semi-attached guest house. The very impressive waterfront bar/lounge features LED backlit crystalline quartzite a stunning brass sink, ice maker, and custom cabinetry, all inspired by the Bulgari Hotel in Paris. A sprawling primary suite complete with oversized dual dressing rooms with Italkraft closets and custom cabinetry. This home has an abundance of natural light, high-end finishes, and every... ...conceivable amenity for those who love to entertain. The open kitchen features premium Wolf and Subzero appliances. This sophisticated 2-story home also includes a guest apartment for extended stays or ultimate privacy. Overhauled under the guidance of designer Amir Khamneipur, known for his work at The Bristol, every element of this home is crafted for luxury living: wine wall inspired by the displays at Breakers Resort, putting green, gated driveway, full house generator, integrated smart home system, and elevator. Perfectly located near Palm Beach Island with views of Mar a Lago, close proximity to PBI Airport, premiere shopping, dining, and more. An adjacent lot is also available for purchase, offering unparalleled potential for expansion. This is a rare opportunity to own one of SoSo's finest properties!!!

Facts

MLS#
R11032767
Subdivision
LITTLE RANCHES 1ST ADD,SOSO
Property Type
Residential
Property Sub Type
Single Family Residence
Year Built
2003
Lot Size
10,890 ft²
Sq. Ft.
5,000 ft²
Sq. Mt.
465 m²
Price per sq. ft.
$2,590/ft²
Price per sq. mt.
$27,849/m²
Stories
2
Garage
2 spaces
Pool
Private
Days on Market
144 days
Listed
Oct 30, 2024
Last Updated
Mar 14, 2026
Price/Lot Sq.Ft.
$1,189/ft²

Comparable homes

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Market insights for West Palm Beach

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

Sellers market

July 2026

100/100
Buyers marketSellers market

103

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).

3/14/2026Sold$12,950,000
2/21/2025Price change$12,950,000-7.2%
10/30/2024Listed for sale$13,950,000

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

Location

5501 S Flagler Drive, West Palm Beach FL 33405Directions

GreatSchools Summary Ratings

Public + private K-12 schools within 5 miles of this listing.

GreatSchoolsData provided by GreatSchools.org © 2026. All rights reserved.

Estimated Monthly Payment

$79,867/mo

Principal & Interest

$68,925

Property Tax

$10,792

Insurance

$150

HOA

$0

20% ($2,590,000)
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

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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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