PLACIDO MAR CONDO
5200 N Flagler Drive # 603, West Palm Beach FL 33407
2 beds · 2 baths · 1,235 ft²
$427,000
Est. Payment $2,273/mo
2
Bedrooms
2
Bathrooms
1,235
Sq. Ft.
1974
Year Built
25
Stories
57
Days on Market
Description
RARE opportunity to own an open concept condo directly on the Intracoastal. As soon as you enter into this condo there are unobstructed water views everywhere! This condo sits directly in the middle of the building giving the best views & the most light this condo community offers. The condo boasts updated kitchen with plenty of storage, updated bathrooms with a bidet in master bathroom, expansive sliders, all windows impact glass, NO Popcorn, marble floors, tankless water heater, & includes hurricane shutters on balcony. The center location of this condo allows for more windows & extra light into the home. The primary bedroom has built in shelves, drawers & a vanity. This room also has a private balcony to enjoy the Eastern sunrises and sights of manatees in the morning. Built-ins included in all closets. BONUS* INCLUDES A COVERED PARKING SPACE!* The condominium recently went under a 6-million-dollar renovation, ASSESSMENT PAID BY SELLER, completed milestone, new elevator, lobby, & amenities like tennis court, pickle ball, exercise room with sauna, heated saltwater pool, fishing pier, kayak and bike racks (to come), & outside grill. Placido Mar is a gated community with a guarded entrance & has onsite management and is walkable to Manatee Lagoon! This 2-bedroom condo, made into 1 bedroom (which can be easily converted back) will offer the tranquility needed in this well cared for condominium. Condo includes a covered parking space! Closing Costs Incentive for buyers using preferred lender - Supreme Lending, Michael Task to finance the subject property. A lender credit of $3000 will be credited at closing to the buyer's closing costs.
Facts
- MLS#
- R11149839
- Subdivision
- PLACIDO MAR CONDO
- Property Type
- Residential
- Property Sub Type
- Condominium
- Year Built
- 1974
- Lot Size
- 0 sqft
- Sq. Ft.
- 1,235 ft²
- Sq. Mt.
- 115 m²
- Price per sq. ft.
- $346/ft²
- Price per sq. mt.
- $3,713/m²
- Stories
- 25
- Garage
- —
- Pool
- Private
- Days on Market
- 57 days
- Listed
- Dec 26, 2025
- Last Updated
- Aug 18, 2026
- Price/Lot Sq.Ft.
- —
Comparable homes
Same ZIP, similar price + bedrooms.

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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
August 2026
29
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).
| 8/18/2026 | Sold | $427,000 |
| 12/26/2025 | Listed for sale | $427,000 |
History reflects fields present on the live MLS record. Full multi-year history requires the MIAMI ListingHistory resource (not yet enabled).
Location
Estimated Monthly Payment
$2,779/mo
Principal & Interest
$2,273
Property Tax
$356
Insurance
$150
HOA
$0
Estimates only. Actual payment depends on credit, lender, insurance carrier, and FL/Miami-Dade specifics. Contact Rangely for a precise quote.
The data relating to real estate for sale on this website comes in part from the Southeast Florida Multiple Listing Service. MLS Data is deemed reliable, but is not guaranteed accurate by MIAMI REALTORS®.
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.
Copyright Southeast Florida MLS a/k/a SEFMLS © 2026.
Updated within 24 hours
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