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For sale
    • Price cut: $455K (8/7)
    $13,495,000

    5501 S Flagler Dr, West Palm Beach, FL 33405

    5beds
    5,000sqft
    : 
    $92,032/mo
    Get pre-qualified
    Single Family Residence, Residential
    Built in 2003
    0.25 Acres Lot
    $-- Zestimate®
    $2,699/sqft
    $-- HOA

    What's special

    Private dockAbundance of natural lightAbove ground spaHigh-end finishesIntegrated smart home systemPutting greenGated driveway
    IMPRESSIVE 100-FT WATERFRONT ESTATE WITH PRIVATE DOCK, BRAND NEW 60,000 LB BOAT LIFT (ACCOMMODATES UP TO A 53-FT VESSEL & 2 OVERSIZED JET SKIS), AND 4-CAR GARAGE. This newly renovated, 5-bedroom residence offers spectacular Billion-dollar views of the Estate section of Palm Beach Island and the widest section of the Intracoastal. 11-ft ceilings and 6,000 square feet of refined living space. Highlights include a showpiece waterfront bar and lounge, expansive primary suite with dual dressing rooms, attractive open kitchen with Wolf and Sub-Zero appliances, elevator, guest house, and resort-style amenities throughout. The very impressive waterfront bar/lounge features LED backlit crystalline quartzite, a stunning brass sink, ice maker, and custom cabinetry. This home has an abundance of natural light, high-end finishes, and every conceivable amenity for those who love to entertain. The open kitchen features premium Wolf and Subzero appliances. More recent upgrades include a wine refrigerator in the dining room, custom lighting to enhance artwork, and an above ground spa. This sophisticated 2-story home also includes a guest apartment for extended stays or ultimate privacy. Overhauled under the guidance of designer Amir Khamneipur, known for his work at The Bristol, every element of this home is crafted for luxury living wine wall inspired by the Breakers Resort, putting green, gated driveway, full house generator, integrated smart home system, and elevator. Ideally located near Palm Beach Island with views of Mar-a-Lago and close to premier dining, shopping, and PBI Airport. This is a rare opportunity to own one of SoSo's finest properties!
    138 days
    |
    1,265
    |
    78
    |

    Zillow last checked:

    Listing updated:

    Listed by:

    SAMANTHA M. CURRY 561-530-2227,

    Douglas Elliman

    Source: Palm Beach BOR,MLS#: 26-597

      Facts & features

      Interior

      Bedrooms & bathrooms
      • Bedrooms: 5
      • Bathrooms: 6
      • Full bathrooms: 4
      • 1/2 bathrooms: 2
      Primary bedroom
      • Level: Second
      • Area: 408
      • Dimensions: 24 x 17
      Bedroom 2
      • Level: Second
      • Area: 224
      • Dimensions: 16 x 14
      Bedroom 3
      • Level: Second
      • Area: 2352
      • Dimensions: 16 x 147
      Bedroom 4
      • Level: Second
      • Area: 91.9
      • Dimensions: 10 x 9.2
      Bedroom 5
      • Level: Second
      • Area: 271.2
      • Dimensions: 22.6 x 12
      Dining room
      • Level: Main
      • Area: 255
      • Dimensions: 17 x 15
      Kitchen
      • Description: Kitchen/Family Room
      • Level: Main
      • Area: 456
      • Dimensions: 24 x 19
      Living room
      • Level: Main
      • Area: 432
      • Dimensions: 24 x 18
      Other
      • Description: Bar/Lounge
      • Level: Main
      • Area: 433.8
      • Dimensions: 24.1 x 18
      Heating
      • Central, Zoned
      Cooling
      • Central Air, Zoned
      Appliances
      • Included: Refrigerator, Freezer, Gas Range, Dishwasher, Microwave, Disposal, Washer, Dryer, Ice Maker, Double Oven
      Features
      • Sound System, Wet Bar, Elevator, Other, Pantry
      • Flooring: Tile, Other
      • Doors: Impact Doors
      • Windows: Window Treatments, Impact Glass-Full, Impact Windows
      • Has fireplace: Yes
      • Fireplace features: Fireplace
      Interior area
      • Total structure area: 6,000
      • Total interior livable area: 5,000 sqft

      Property

      Parking
      • Total spaces: 2
      • Parking features: Attached, Garage Door Opener
      • Attached garage spaces: 2
      Features
      • Levels: Two
      • Patio & porch: Patio
      • Exterior features: Sprinkler System
      • Has private pool: Yes
      • Pool features: Gas Heat, Salt Water
      • Fencing: Back Yard,Front Yard
      • On waterfront: Yes
      • Waterfront features: Seawall, ICW - Across Street
      Lot
      • Size: 0.25 Acres
      • Dimensions: 100
      • Features: Corner Lot
      Details
      • Additional structures: Cabana, Guest House
      • Parcel number: 74434403160000132
      • Zoning: SF7

      Construction

      Type & style
      • Home type: SingleFamily
      • Property subtype: Single Family Residence, Residential
      Materials
      • Concrete, Other
      • Roof: Tile,Other
      Condition
      • Year built: 2003

      Utilities & green energy

      • Water: Public
      • Utilities for property: Cable Available

      Community & HOA

      Community
      • Security: Smoke Detector(s), Security System
      • Subdivision: Little Ranches
      Location
      • Region: West Palm Beach

      Financial & listing details

      • Price per square foot: $2,699/sqft
      • Tax assessed value: $7,315,584
      • Annual tax amount: $58,344
      • Date on market: 4/7/2026
      • Listing agreement: Exclusive Right To Sell
      • Listing terms: Cash,Conventional

        Estimated market value

        Not available

        Estimated sales range

        Not available

        $44,846/mo

        Price history

        DateEventPrice
        8/7/2026Price change$13,495,000-3.3%$2,699/sqft
        Source: BeachesMLS #B26009657 Report a problem
        4/3/2026Listed for sale$13,950,000+29.8%$2,790/sqft
        Source: BeachesMLS #B26009657 Report a problem
        5/21/2025Sold$10,750,000-17%$2,150/sqft
        Source: Palm Beach BOR #24-1722 Report a problem
        4/8/2025Pending sale$12,950,000$2,590/sqft
        Source: Douglas Elliman #RX-11032767 Report a problem
        4/8/2025Contingent$12,950,000$2,590/sqft
        Source: Palm Beach BOR #24-1722 Report a problem
        2/21/2025Price change$12,950,000-7.2%$2,590/sqft
        Source: BeachesMLS #RX-11032767 Report a problem
        11/15/2024Listed for sale$13,950,000+326.1%$2,790/sqft
        Source: BeachesMLS #RX-11032767 Report a problem
        11/20/2020Sold$3,274,200-9.7%$655/sqft
        Source: Palm Beach BOR #20-496 Report a problem
        10/27/2020Pending sale$3,625,000$725/sqft
        Source: Brown Harris Stevens #2000290747 Report a problem
        10/9/2020Price change$3,625,000-4%$725/sqft
        Source: Brown Harris Stevens #2000290747 Report a problem
        3/12/2020Price change$3,775,000-0.7%$755/sqft
        Source: Brown Harris Stevens #2000290747 Report a problem
        12/6/2019Price change$3,800,000-2.6%$760/sqft
        Source: Compass Florida LLC #RX-10561631 Report a problem
        9/16/2019Listed for sale$3,900,000-2.5%$780/sqft
        Source: Compass Florida LLC #RX-10561631 Report a problem
        5/2/2019Listing removed$3,999,999$800/sqft
        Source: The Corcoran Group #11763 Report a problem
        1/26/2019Price change$3,999,999-4.8%$800/sqft
        Source: The Corcoran Group #11763 Report a problem
        6/20/2018Listed for sale$4,200,000+81.8%$840/sqft
        Source: The Corcoran Group #RX-10441479 Report a problem
        1/4/2018Sold$2,310,000+14.1%$462/sqft
        Source: Public Record Report a problem
        12/7/2017Listed for sale$2,025,000+5.5%$405/sqft
        Source: Allison James Estates & Homes #P1112MI Report a problem
        8/3/2017Listing removed$1,919,000$384/sqft
        Source: Allison James Estates & Homes #RX-10350673 Report a problem
        7/14/2017Listed for sale$1,919,000$384/sqft
        Source: Allison James Estates & Homes #RX-10350673 Report a problem
        9/22/2016Listing removed$1,919,000$384/sqft
        Source: Allison James Estates & Homes #P1112MI Report a problem
        7/21/2016Pending sale$1,919,000$384/sqft
        Source: Allison James Estates & Homes #P1112MI Report a problem
        7/18/2016Listed for sale$1,919,000$384/sqft
        Source: Allison James Estates & Homes #P1112MI Report a problem
        6/21/2016Pending sale$1,919,000$384/sqft
        Source: Allison James Estates & Homes #P1112MI Report a problem
        6/5/2016Listed for sale$1,919,000+3.3%$384/sqft
        Source: Allison James Estates and Homes of Florida #RX-10214719 Report a problem
        2/5/2016Sold$1,857,800+312.8%$372/sqft
        Source: Public Record Report a problem
        3/22/2000Sold$450,000$90/sqft
        Source: Public Record Report a problem

        Public tax history

        YearProperty taxesTax assessment
        2025$58,344 +2.9%$2,881,307 +2.9%
        2024$56,701 +2.6%$2,800,104 +3.3%
        2023$55,243 +0.7%$2,709,616 +3%
        2022$54,847 -0.1%$2,630,695 +3%
        2021$54,905 +16.6%$2,554,073 +21.4%
        2020$47,096 +9.5%$2,103,600 +10%
        2019$43,008 $1,912,364 +10.8%
        2018$43,008 +14.5%$1,725,967 +6.4%
        2017$37,569 +4.9%$1,622,352 -6.3%
        2016$35,804 -8.2%$1,730,968 +64.4%
        2015$39,010 +66.1%$1,052,839 +0.8%
        2014$23,483 +1%$1,044,483 +1.5%
        2013$23,241 -1%$1,029,047 +0.2%
        2012$23,478 -4.4%$1,026,901 -3.6%
        2011$24,556 -15.7%$1,065,533 -13.8%
        2010$29,131 -6.9%$1,236,395 -9.5%
        2009$31,297 +1.4%$1,365,839 -7.5%
        2008$30,863 -9.4%$1,476,568 -10.2%
        2007$34,059 -9.3%$1,644,228 -1.1%
        2006$37,534 $1,662,057 +3%
        2005-- $1,613,648 +81.7%
        2004$13,581 $888,306 +138.4%
        2003-- $372,600 +15%
        2002$7,976 $324,000
        Find assessor info on the county website

        Monthly payment

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        All calculations are estimates and provided by Zillow, Inc. for informational purposes only. Actual amounts may vary.
        HOA fees may include property taxes on listings classified as Co-Ops. Contact the listing agent and/or owner for fee details.
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        Climate risks

        Neighborhood: South Side

        Getting around

        44 / 100
        Car-Dependent
        30 / 100
        Some Transit
        50 / 100
        Bikeable

        Nearby schools

        GreatSchools rating

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