PLACIDO MAR CONDO

5200 N Flagler Drive # 603, West Palm Beach FL 33407

2 beds · 2 baths · 1,235 ft²

Closed

$427,000

Est. Payment $2,273/mo

MLS Sheet Video

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.

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

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).

8/18/2026Sold$427,000
12/26/2025Listed 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

5200 N Flagler Drive # 603, West Palm Beach FL 33407Directions

Estimated Monthly Payment

$2,779/mo

Principal & Interest

$2,273

Property Tax

$356

Insurance

$150

HOA

$0

20% ($85,400)
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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