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Sold for $1,880,000
  • $1,880,000

    525 S Flagler Drive #27a, West Palm Beach, FL 33401

    3beds
    2,091sqft
    Condominium
    Built in 1986
    -- sqft lot
    $1,928,200 Zestimate®
    $899/sqft
    $7,915 Estimated rent

    Home value

    $1,928,200

    $1.72M - $2.18M

    $7,915/mo

    Zestimate® history
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    What's special

    Discover unparalleled luxury and breathtaking potential in this expansive corner unit at The Plaza Residences, located on prestigious S Flagler Drive in the heart of West Palm Beach. Offering direct oceanfront views and an enviable vantage point over the Intracoastal Waterway, this home promises vistas that stretch from serene sunrises to spectacular sunsets. Spanning 2,091 square feet, this 3-bedroom, 2.5-bath residence features a spacious layout bathed in natural light, with floor-to-ceiling glass windows framing the sparkling water and cityscape. While this gem awaits your personal touch, the canvas is ideal for crafting your dream home in one of West Palm Beach's most sought-after buildings. The oversized primary suite includes a private west-facing terrace, a spacious walk-in closet, and a en-suite bath with incredible potential. The additional bedrooms also offer balcony access, ample storage, and magnificent views, perfect for hosting guests or creating a stylish office or retreat. A dedicated bar area with sweeping water views adds to the home's entertaining potential. The Plaza Residences is renowned for its luxury amenities, including a multi-room fitness center, two pools (including a newly renovated west pool), tennis and pickleball courts, a sauna, steam room, media room, and multiple gathering spaces. The building offers full-service convenience with 24-hour security, doorman and valet services, and pet-friendly policies. Two garage parking spaces and abundant guest parking add to the appeal. Located moments from West Palm Beach's finest dining, shopping, cultural attractions, and Palm Beach International Airport, this property offers not just a home but a lifestyle. Bring your vision to this exceptional residence and create your own masterpiece along South Florida's most stunning waterfront.

    Zillow last checked:

    Listing updated:

    Listed by:

    Christopher Cronican 509-254-1608,

    Douglas Elliman,

    Lori Cronican 509-254-1683,

    Douglas Elliman

    Bought with:

    Kayla Grace, 3433628

    Compass Florida LLC

    Source: BeachesMLS,MLS#: R11038111MLS LogoOriginating MLS: BeachesMLS

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 3
    • Bathrooms: 3
    • Full bathrooms: 2
    • 1/2 bathrooms: 1
    • Main level bathrooms: 3
    • Main level bedrooms: 3
    Primary bedroom
    • Level: Main
    • Area: 234
    • Dimensions: 18 X 13
    Bedroom 2
    • Level: Main
    • Area: 224
    • Dimensions: 16 X 14
    Bedroom 3
    • Level: Main
    • Area: 165
    • Dimensions: 15 X 11
    Dining room
    • Level: Main
    • Area: 196
    • Dimensions: 14 X 14
    Kitchen
    • Level: Main
    • Area: 190
    • Dimensions: 19 X 10
    Living room
    • Level: Main
    • Area: 280
    • Dimensions: 20 X 14
    Heating
    • Central, Individual
    Cooling
    • Central Air
    Appliances
    • Included: Dryer, Dishwasher, Electric Range, Electric Water Heater, Free-Standing Freezer, Microwave, Refrigerator, Water Heater, Washer
    • Laundry: Inside, Laundry Closet
    Features
    • Wet Bar, Breakfast Bar, Bathtub, Closet Cabinetry, Dual Sinks, Entrance Foyer, Eat-in Kitchen, Garden Tub/Roman Tub, Kitchen Island, Living/Dining Room, Custom Mirrors, Pantry, Storage, Soaking Tub, Separate Shower, Bar, Walk-In Closet(s)
    • Flooring: Carpet
    Interior area
    • Total structure area: 2,091
    • Total interior livable area: 2,091 sqft

    Property

    Parking
    • Total spaces: 2
    • Parking features: Assigned, Garage, Guest
    • Garage spaces: 2
    Features
    • Patio & porch: Covered, Open, Balcony
    • Exterior features: Balcony, Outdoor Living Area
    • Pool features: Association
    • Has view: Yes
    • View description: City, Intercoastal, Lake, Ocean
    • Has water view: Yes
    • Water view: Intercoastal,Lake,Ocean
    • Waterfront features: Intracoastal Access
    Details
    • Parcel number: 74434322250002701
    • Zoning: FWD-5(
    • Special conditions: Listed As-Is

    Construction

    Type & style
    • Home type: Condo
    • Property subtype: Condominium
    Materials
    • Block
    Condition
    • Resale
    • New construction: No
    • Year built: 1986

    Utilities & green energy

    • Electric: 3 Phase
    • Sewer: Public Sewer
    • Water: Public
    • Utilities for property: Cable Available, Sewer Available, Water Available

    Community & HOA

    Community
    • Features: Home Owners Association, Gated, Property Manager On-Site, Street Lights
    • Security: Security System, Closed Circuit Camera(s), Fire Alarm, Fire Sprinkler System, Gated with Guard, Gated Community, Key Card Entry, Lobby Secured, Smoke Detector(s)
    • Subdivision: PLAZA OF THE PALM BEACHES CONDO
    HOA
    • Has HOA: Yes
    • Amenities included: Bike Storage, Clubhouse, Fitness Center, Library, Pickleball, Pool, Parking, Sauna, Spa/Hot Tub, Storage, Sidewalks, Tennis Court(s), Trail(s), Trash, Elevator(s)
    • Services included: Common Areas, Insurance, Maintenance Grounds, Pest Control, Sewer, Security, Trash, Water
    • HOA fee: $2,924 monthly
    Location
    • Region: West Palm Beach

    Financial & listing details

    • Price per square foot: $899/sqft
    • Tax assessed value: $1,710,000
    • Annual tax amount: $11,969
    • Date on market: 11/18/2024
    • Cumulative days on market: 78 days
    • Listing terms: Cash,Conventional

    Price history

    DateEventPrice
    2/18/2025Sold$1,880,000-10.5%$899/sqft
    Source: BeachesMLS #R11038111 Report a problem
    2/4/2025Pending sale$2,100,000$1,004/sqft
    Source: Douglas Elliman #RX-11038111 Report a problem
    1/24/2025Price change$2,100,000-6.7%$1,004/sqft
    Source: BeachesMLS #RX-11038111 Report a problem
    11/18/2024Listed for sale$2,250,000+284.6%$1,076/sqft
    Source: BeachesMLS #RX-11038111 Report a problem
    5/17/2010Sold$585,000-45.6%$280/sqft
    Source: Public Record Report a problem
    5/13/2005Sold$1,075,000+34.4%$514/sqft
    Source: Public Record Report a problem
    5/24/2002Sold$800,000$383/sqft
    Source: Public Record Report a problem

    Public tax history

    YearProperty taxesTax assessment
    2025$36,836 +200.3%$1,710,000 +182.4%
    2024$12,267 +2.5%$605,577 +3%
    2023$11,968 +1%$587,939 +3%
    2022$11,851 +0.1%$570,815 +3%
    2021$11,836 +0.5%$554,189 +1.4%
    2020$11,776 +1.5%$546,537 +2.3%
    2019$11,599 $534,249 +1.9%
    2018$11,599 +5%$524,288 +2.1%
    2017$11,049 +1.1%$513,504 +2.1%
    2016$10,929 +0.2%$502,942 +0.7%
    2015$10,909 -2%$499,446 +0.8%
    2014$11,127 +1.3%$495,482 +1.5%
    2013$10,980 +0.6%$488,160 +1.7%
    2012$10,910 -14.2%$480,000 -12.7%
    2011$12,720 -9.1%$550,000
    2010$13,991 -15.6%$550,000 -18.2%
    2009$16,580 -21.2%$672,281 -25%
    2008$21,041 -5.4%$896,375 -9.2%
    2007$22,244 -3.1%$987,500 +6.2%
    2006$22,952 $930,200 +43.3%
    2005-- $649,106 +3%
    2004$9,252 +17357.5%$630,200 -0.6%
    2003$53 -99.6%$634,000 +16.3%
    2002$14,568 -1.6%$545,300
    2001$14,802 +32.6%$545,300 +32.9%
    2000$11,166 +26.3%$410,300 +15.9%
    1999$8,843 $354,100
    Find assessor info on the county website

    Neighborhood: Downtown

    Nearby schools

    GreatSchools rating
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    Estimated market value
    $1,928,200
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    Find out how much your home could sell for in as little as 3 minutes with a no-obligation cash offer.
    Estimated market value
    $1,928,200