Sold for $7,500,000

$7,500,000

622 N Flagler Drive #904, West Palm Beach, FL 33401

4beds

5,650sqft

Condominium

Built in 2003

-- sqft lot

$9,726,500 Zestimate^®

$1,327/sqft

$7,823 Estimated rent

Home value

$9,726,500

$8.27M - $11.48M

$7,823/mo

Zestimate^® history

Owner options

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$7,823/mo

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$7,823/mo

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$60,131/mo

Est. payment

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$60,131/mo

Est. payment

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What's special

Welcome to the largest condo with the best views in One Watermark Place on the market. With panoramic Ocean and Intracoastal views, this coveted southeast corner condo features over 5,500 sq. ft. and four sunset/sunrise balconies. Private elevator leads into an exquisite, spacious and flexible floor plan. 4-BD and 5.5-BA; Chef's kitchen, butler's pantry, large master suite, office and family room. Guest or au pair quarters within the condo. The exclusive One Watermark Place offers intimate luxury with 48 residences, full service concierge, security, valet, waterfront pool, movie theater, pet run, exquisite social and fitness rooms. You'll feel as if you're at a Ritz Carlton with five -star service. Two parking spaces, storage space. Slips available for lease for up to a 100' yacht

Facts & features

Interior

Bedrooms & bathrooms

Bedrooms: 4
Bathrooms: 5
Full bathrooms: 4
1/2 bathrooms: 1
Main level bathrooms: 5
Main level bedrooms: 4

Primary bedroom

Level: Main
Area: 407.55
Dimensions: 20.9 X 19.5

Kitchen

Level: Main
Area: 361
Dimensions: 19 X 19

Living room

Level: Main
Area: 540
Dimensions: 30 X 18

Heating

Central

Cooling

Central Air

Appliances

Included: Dryer, Dishwasher, Free-Standing Freezer, Disposal, Gas Range, Ice Maker, Microwave, Refrigerator, Washer
Laundry: Inside

Features

Wet Bar, Bathtub, Closet Cabinetry, Entrance Foyer, Elevator, Kitchen Island, Multiple En Suite Bathrooms, Storage, Soaking Tub, Separate Shower, Walk-In Closet(s)
Flooring: Marble, Wood

Interior area

Total structure area: 6,437
Total interior livable area: 5,650 sqft

Property

Parking

Total spaces: 2
Parking features: Assigned, Garage
Garage spaces: 2

Features

Patio & porch: Covered, Balcony
Exterior features: Balcony, Outdoor Living Area
Pool features: Association
Has view: Yes
View description: City, Intercoastal, Ocean
Has water view: Yes
Water view: Intercoastal,Ocean
Waterfront features: Intracoastal Access, Seawall

Details

Parcel number: 74434322340099040
Zoning: LD-5(c

Construction

Type & style

Home type: Condo
Property subtype: Condominium

Materials

Block

Condition

Resale
New construction: No
Year built: 2003

Utilities & green energy

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

Community & HOA

Community

Features: Marina, Property Manager On-Site
Security: Lobby Secured
Subdivision: ONE WATERMARK PLACE OF THE PALM BEACHES

HOA

Has HOA: Yes
Amenities included: Bike Storage, Clubhouse, Dog Park, Fitness Center, Pool, Trash, Elevator(s)
Services included: Common Areas, Insurance, Pest Control, Sewer, Trash, Water
HOA fee: $9,062 monthly

Location

Region: West Palm Beach

Financial & listing details

Price per square foot: $1,327/sqft
Tax assessed value: $6,780,000
Annual tax amount: $76,192
Date on market: 1/20/2023
Cumulative days on market: 426 days
Listing terms: Cash,Conventional

Price history

Date	Event	Price
4/18/2024	Sold	$7,500,000-25%$1,327/sqft
Source: BeachesMLS #R10859892 Report a problem
3/21/2024	Pending sale	$9,995,000$1,769/sqft
Source: Douglas Elliman #RX-10859892 Report a problem
1/23/2024	Price change	$9,995,000-7%$1,769/sqft
Source: BeachesMLS #RX-10859892 Report a problem
5/30/2023	Price change	$10,750,000-10.2%$1,903/sqft
Source: BeachesMLS #RX-10859892 Report a problem
3/13/2023	Price change	$11,975,000-7.5%$2,119/sqft
Source: BeachesMLS #RX-10859892 Report a problem
1/20/2023	Listed for sale	$12,950,000+131.3%$2,292/sqft
Source: BeachesMLS #RX-10859892 Report a problem
5/12/2014	Sold	$5,600,000-18.8%$991/sqft
Source: Palm Beach BOR #14-490 Report a problem
2/28/2014	Listed for sale	$6,900,000+40.8%$1,221/sqft
Source: Fite Shavell & Associates #RX-10020341 Report a problem
11/7/2012	Listing removed	$4,900,000$867/sqft
Source: Fite Shavell & Associates #R3311919 Report a problem
9/22/2012	Listed for sale	$4,900,000+42%$867/sqft
Source: Fite Shavell & Associates #R3311919 Report a problem
5/22/2003	Sold	$3,450,000$611/sqft
Source: Public Record Report a problem

Public tax history

Year	Property taxes	Tax assessment
2025	$138,843 -9.4%	$6,780,000 -9.4%
2024	$153,199 -11.1%	$7,480,000 -10.4%
2023	$172,231 +126%	$8,350,000 +128.9%
2022	$76,192 -0.1%	$3,647,286 +3%
2021	$76,287 +0.4%	$3,541,054 +1.4%
2020	$75,996 +1.4%	$3,492,164 +2.3%
2019	$74,968	$3,413,650 +1.9%
2018	$74,968 +4.5%	$3,350,000 +0.1%
2017	$71,714 -1.3%	$3,348,214 +2.1%
2016	$72,680 0%	$3,279,348 +0.7%
2015	$72,714 +23%	$3,256,552 +26.3%
2014	$59,138 +1.2%	$2,578,315 +1.5%
2013	$58,428 -3.6%	$2,540,212 +1.7%
2012	$60,595 +2.4%	$2,497,750 +3%
2011	$59,176 -0.5%	$2,425,000 +1.3%
2010	$59,454 -13.4%	$2,395,000 -15.7%
2009	$68,661 -14.4%	$2,840,813 -18.2%
2008	$80,254 +6.7%	$3,472,140 +3%
2007	$75,196 -6.4%	$3,371,010 +2.5%
2006	$80,358	$3,288,790 +3%
2005	--	$3,193,000 +3%
2004	$47,012	$3,100,000