For sale

$515,000

5200 N Flagler Drive #1604, West Palm Beach, FL 33407

2beds

1,250sqft

$5,047/mo

Get pre-qualified

Condominium

Built in 1974

-- sqft lot

$492,100 Zestimate^®

$412/sqft

$1,529/mo HOA

What's special

Porcelain tileCustom cabinetryOpen kitchen

Water, water, water!!! UNMATCHED views from Placido Mar! Placido Mar has been the flagship building on the N Flagler Drive corridor for 50 years, but the secret is out and new luxury high rises are joining us along this waterfront! The Mandarin Oriental Residences are coming to 5400 N Flagler and Alba Palm Beach at 4714 N Flagler and Placido Mar is in between at 5200 N Flagler - with the largest piece of land and widest frontage! Enjoy the FL lifestyle with community amenities like tennis, swimming, sauna, gym, club room, piano, billiards, and ground level parking! Unit 1604 has been fully renovated to include impact glass windows and sliders, porcelain tile, an open kitchen, custom cabinetry and more!

139 days
253
5

Facts & features

Interior

Bedrooms & bathrooms

Bedrooms: 2
Bathrooms: 2
Full bathrooms: 2
Main level bathrooms: 2
Main level bedrooms: 2

Heating

Central, Individual

Cooling

Central Air

Appliances

Included: Dryer, Dishwasher, Electric Range, Electric Water Heater, Freezer, Disposal, Ice Maker, Microwave, Oven, Refrigerator, Water Heater, Washer, Owned Water Heater
Laundry: Laundry Closet, In Unit, Washer Dryer Install Allowed

Features

Built-in Features, Closet Cabinetry, Entrance Foyer, Kitchen Island, Pantry, Split Bedrooms, Storage, Tub Shower, Walk-In Closet(s)
Flooring: Ceramic Tile
Windows: Blinds, Storm Window(s), Shutters
Has fireplace: No

Interior area

Total structure area: 1,500
Total interior livable area: 1,250 sqft

Video & virtual tour

View virtual tour

Property

Parking

Total spaces: 1
Parking features: Carport, Detached Carport
Carport spaces: 1
Details: CarportSpaces:1.00

Accessibility

Accessibility features: Accessibility Features, Accessible Approach with Ramp

Features

Levels: One
Stories: 1
Patio & porch: Covered, Balcony
Exterior features: Balcony, Outdoor Living Area
Pool features: Association, Heated
Has view: Yes
View description: Intercoastal, Ocean, Water
Has water view: Yes
Water view: Intercoastal,Ocean,Water
Waterfront features: Intracoastal Access

Details

Additional structures: Gazebo
Parcel number: 74434304230011604
Zoning: MF32 (city)
Special conditions: Standard

Construction

Type & style

Home type: Condo
Property subtype: Condominium

Materials

See Remarks
Roof: Other

Condition

Resale,Updated/Remodeled
New construction: No
Year built: 1974

Utilities & green energy

Sewer: Public Sewer
Water: Public
Utilities for property: Other

Community & HOA

Community

Features: Gated, Property Manager On-Site
Security: Gated with Guard, Gated Community
Subdivision: PLACIDO MAR CONDO

HOA

Has HOA: Yes
Amenities included: Billiard Room, Clubhouse, Car Wash Area, Fitness Center, Gated, Library, Management, Pier, Pickleball, Pool, Parking, Shuffleboard Court, Sauna, Security, Storage, Tennis Court(s), Trash, Elevator(s)
Services included: Common Areas, Cable TV, Maintenance Grounds, Pool(s), Recreation Facilities, Reserve Fund, Roof, Sewer, Security, Trash, Water, Internet
HOA fee: $1,529 monthly

Location

Region: West Palm Beach

Financial & listing details

Price per square foot: $412/sqft
Tax assessed value: $340,000
Annual tax amount: $6,540
Date on market: 4/14/2026
Cumulative days on market: 139 days
Listing terms: Cash,Conventional,Contract

Estimated market value

$492,100

$467,000 - $517,000

$3,172/mo

Price history

Date	Event	Price
4/14/2026	Listed for sale	$515,000+134.1%$412/sqft
Source: BeachesMLS #B26015055 Report a problem
12/14/2007	Sold	$220,000$176/sqft
Source: Public Record Report a problem

Public tax history

Year	Property taxes	Tax assessment
2025	$6,540 +2.1%	$295,748 +10%
2024	$6,407 +4.8%	$268,862 +10%
2023	$6,114 +18.3%	$244,420 +10%
2022	$5,167 +12.6%	$222,200 +10%
2021	$4,588 +2.9%	$202,000 +4.1%
2020	$4,457 +5.5%	$194,000 +7.5%
2019	$4,223	$180,400 +10%
2018	$4,223 +14.3%	$164,000 -13.2%
2017	$3,696 -8.7%	$189,000 +19.2%
2016	$4,049 +6%	$158,510 +10%
2015	$3,821 +20.4%	$144,100 +10%
2014	$3,173 +3.5%	$131,000 +4%
2013	$3,066 -1.1%	$126,000
2012	$3,101 -0.6%	$126,000
2011	$3,121 -1.6%	$126,000
2010	$3,171 -24.1%	$126,000 -27.2%
2009	$4,177 -7.1%	$173,000 -16%
2008	$4,496 +249.4%	$206,050 +147.8%
2007	$1,287 -4.8%	$83,161 +2.5%
2006	$1,352	$81,133 +3%
2005	--	$78,770 +3%
2004	$787 +1384.8%	$76,476 +1.9%
2003	$53 -95.7%	$75,050 +2.4%
2002	$1,242 +0.5%	$73,291 +1.6%
2001	$1,235 +4.3%	$72,137 +3%
2000	$1,185 +10.1%	$70,036 -2%
1999	$1,076	$71,500