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Sold for $7,240,000
  • $7,240,000

    525 S Flagler Drive #Gph3, West Palm Beach, FL 33401

    3beds
    3,841sqft
    Condominium
    Built in 1986
    -- sqft lot
    $7,381,800 Zestimate®
    $1,885/sqft
    $7,159 Estimated rent

    Home value

    $7,381,800

    $6.57M - $8.34M

    $7,159/mo

    Zestimate® history
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    What's special

    First time on the market in 24 years, one of only four Grand Penthouses at The Plaza. Classic elegance abounds, boasting 12 ft. ceilings with dome ceilings in the entry foyer leading into the grand living space with a fireplace at the focal point, complimenting the unparalleled panoramic views of the intracoastal, the island Palm Beach, and Atlantic Ocean. Chef's kitchen, separate butler's pantry, staff powder room, laundry room. and impact windows. Private dining room, executive office with custom cabinetry with spectacular water views. Situated on a prestigious Flagler Drive, The Plaza's 5 Star Service is unrivaled including 24-hour valet, two pools, a tennis court, pickleball, an exercise room, and a club room

    Zillow last checked:

    Listing updated:

    Listed by:

    Linda R. Olsson 561-820-9195,

    Linda R. Olsson, Inc.

    Bought with:

    Lori Cronican, 3389273

    Douglas Elliman

    Christopher Cronican, 3391612

    Douglas Elliman

    Source: BeachesMLS,MLS#: R11076071MLS LogoOriginating MLS: BeachesMLS

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 3
    • Bathrooms: 5
    • Full bathrooms: 4
    • 1/2 bathrooms: 1
    • Main level bathrooms: 4
    • Main level bedrooms: 3
    Primary bedroom
    • Level: Main
    • Area: 1
    • Dimensions: 1 X 1
    Kitchen
    • Level: Main
    • Area: 1
    • Dimensions: 1 X 1
    Living room
    • Level: Main
    • Area: 1
    • Dimensions: 1 X 1
    Heating
    • Central, Electric, Zoned
    Cooling
    • Central Air, Electric, Zoned
    Appliances
    • Included: Dryer, Dishwasher, Electric Range, Electric Water Heater, Free-Standing Freezer, Disposal, Ice Maker, Microwave, Refrigerator, Water Heater, Washer
    • Laundry: Inside
    Features
    • Dual Sinks, Eat-in Kitchen, Elevator, Storage, Separate Shower, Walk-In Closet(s)
    • Flooring: Carpet, Marble
    • Windows: Storm Window(s)
    • Has fireplace: Yes
    Interior area
    • Total structure area: 3,841
    • Total interior livable area: 3,841 sqft

    Property

    Features
    • Entry location: Entry Level Living Area Y
    • Patio & porch: Balcony
    • Exterior features: Balcony, Outdoor Living Area, Tennis Court(s)
    • Pool features: Association
    • Has view: Yes
    • View description: Intercoastal, Ocean
    • Has water view: Yes
    • Water view: Intercoastal,Ocean
    • Waterfront features: Intracoastal Access
    Details
    • Additional structures: Cabana
    • Parcel number: 74434322250003303
    • Zoning: FWD-5(

    Construction

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

    Utilities & green energy

    • Sewer: Public Sewer
    • Water: Public
    • Utilities for property: Cable Available, Sewer Available, Water Available

    Community & HOA

    Community
    • Features: Gated, Property Manager On-Site
    • Security: Security System, Gated with Guard, Gated Community, Lobby Secured
    • Subdivision: PLAZA OF THE PALM BEACHES CONDO
    HOA
    • Has HOA: Yes
    • Amenities included: Cabana, Elevator(s), Fitness Center, Pool, Tennis Court(s)
    • Services included: Common Areas, Cable TV, Insurance, Maintenance Grounds, Security, Trash
    • HOA fee: $5,589 monthly
    Location
    • Region: West Palm Beach

    Financial & listing details

    • Price per square foot: $1,885/sqft
    • Tax assessed value: $6,000,000
    • Annual tax amount: $32,593
    • Date on market: 3/28/2025
    • Listing terms: Cash

    Price history

    DateEventPrice
    3/28/2025Sold$7,240,000+178.5%$1,885/sqft
    Source: BeachesMLS #R11076071 Report a problem
    5/5/2000Sold$2,600,000+18.2%$677/sqft
    Source: Public Record Report a problem
    4/5/1999Sold$2,200,000$573/sqft
    Source: Public Record Report a problem

    Public tax history

    YearProperty taxesTax assessment
    2025$33,548 +2.9%$1,604,582 +2.9%
    2024$32,593 +2%$1,559,361 +3%
    2023$31,944 +0.8%$1,513,943 +3%
    2022$31,684 0%$1,469,848 +3%
    2021$31,691 +0.5%$1,427,037 +1.4%
    2020$31,549 +1.4%$1,407,334 +2.3%
    2019$31,100 $1,375,693 +1.9%
    2018$31,100 +4.6%$1,350,042 +2.1%
    2017$29,741 +0.9%$1,322,274 +2.1%
    2016$29,488 +0.1%$1,295,077 +0.7%
    2015$29,464 -2%$1,286,074 +0.8%
    2014$30,067 +1.3%$1,275,867 +1.5%
    2013$29,695 +0.6%$1,257,012 +1.7%
    2012$29,530 +2.4%$1,236,000 +3%
    2011$28,829 -1.7%$1,200,000
    2010$29,328 -10.7%$1,200,000 -12.9%
    2009$32,844 -21.9%$1,378,125 -25%
    2008$42,054 -42.9%$1,837,500 -44.4%
    2007$73,658 -9.4%$3,302,000
    2006$81,298 $3,302,000 +34.4%
    2005-- $2,457,000 +3%
    2004$36,478 +68726.2%$2,386,000
    2003$53 -99.9%$2,386,000 +8%
    2002$58,878 -1.6%$2,210,000
    2001$59,821 +17.7%$2,210,000 +17.9%
    2000$50,832 +48.1%$1,875,000 +47.1%
    1999$34,312 $1,275,000
    Find assessor info on the county website

    Neighborhood: Downtown

    Nearby schools

    GreatSchools rating
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    Estimated market value
    $7,381,800
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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
    $7,381,800