$399,000
5200 N Flagler Drive 1106
West Palm Beach, FL 33407
Explore the area: West Palm Beach homes for sale · Palm Beach County real estate
Price Check
How this price compares
- Asking price
- $399,000
- Price per sq ft
- $323
- Vs. nearby sales
- 5% below
- Days on market
- 23
This 2-bedroom condo in Placido Mar Condo went under contract with an asking price of $399,000, or $323 per square foot. It spent 23 days on the market before going under contract. The 6 most recent condo sales in the closings shown below sold at a median of $340 per square foot, so the asking price was 5% below what comparable homes here actually sold for.
Estimated monthly payment
$2,097 /mo
Principal and interest only, based on $79,800 down (20%), a 6.875% 30-year fixed rate. Property taxes, homeowners insurance, and the $1,527/mo HOA are not included.
Customize this estimateListing Snapshot
- Price
- $399,000
- Days on Site
- 23 Days
- Bedrooms
- 2
- Total Baths
- 2
- Full Baths
- 2
- Partial Baths
- 0
- Living Area
- 1,235 sqft
- Total Sq Ft
- 1,436 sqft
- Year Built
- 1974
- Property Type
- Condo
- MLS #
- B26068787
- Property Tax
- $5,950 (2025)
- HOA Fees
- $1,527 / Monthly
- Subdivision
- Placido Mar Condo
- Development
- Placido Mar Condo
- County
- Palm Beach
- Status
- Under Contract
- Special Conditions
- Standard
About This Property
Welcome to Placido Mar, a private waterfront residence in West Palm Beach's sought-after Northwood Harbour Marina District. Positioned directly along the Intracoastal Waterway with sweeping views toward Palm Beach Island, this gated community offers a rare combination of waterfront living, privacy, and convenience. Located on the 11th floor, this spacious 2-bedroom, 2-bathroom residence features a desirable split-bedroom floor plan with beautiful, elevated views and abundant natural light. Residents enjoy an attended lobby, fitness center, tennis court, resort-style pool, and a private common dock ideal for kayaking, fishing, or simply enjoying the waterfront surroundings. A dedicated carport space is also included. The building has undergone significant improvements, with the assessment fully paid by the seller. Recent and ongoing upgrades include freshly painted and renovated balconies, new elevators, a remodeled lobby, a new fire alarm system, replacement of all fire doors, parking lot resurfacing, and new landscaping currently in progress. The beautifully maintained grounds further enhance the community's appeal. Placido Mar is ideally located just minutes from Downtown West Palm Beach, CityPlace, Palm Beach, fine dining, shopping, entertainment, and nightlife. With major luxury developments such as the new Alba Palm Beach and the Mandarin Oriental Residences coming nearby, the Northwood Harbour Marina District continues to experience exciting growth and transformation. A wonderful opportunity to own a waterfront residence in one of West Palm Beach's most desirable emerging locations.
MLS media linkGeneral Features
- Property Type
- Condo
- Status
- Under Contract
- Year Built
- 1974
- Property Condition
- Resale
- Number of Stories
- 26
- Levels
- One
- Parking
- Assigned / Asphalt / Covered / Carport / Detached Carport / Guest
- Direction Faces
- East
- Lot Size (Acres)
- 0
- Living Sq Ft
- 1,235
- Total Sq Ft
- 1,436
- Structure Type
- Multi Family
- Sewer
- Public Sewer
- Water Source
- Public
- Zoning
- MF32 (city)
Interior Features
- Appliances
- Dryer / Dishwasher / Electric Range / Electric Water Heater / Disposal / Microwave / Refrigerator / Water Heater / Washer
- Cooling
- Central Air
- Heating
- Central
- Flooring
- Carpet
- Interior Features
- Breakfast Area / Split Bedrooms / Tub Shower
- Laundry
- In Unit / Washer Dryer Install Allowed
- Windows
- Shutters
- Main Level Bedrooms
- 2
- Main Level Baths
- 2
- Total Rooms
- 3
Exterior Features
- Construction
- CBS Concrete Block Structure / Block
- Roof
- Concrete
- Exterior Features
- Balcony / Outdoor Living Area
- Pool Features
- Association
- Patio & Porch
- Covered / Balcony
- Waterfront
- Yes
- Waterfront Features
- Intracoastal Access
- View
- Intercoastal / Water
Community & HOA
- HOA Fee
- $1,527 / Monthly
- HOA Includes
- Common Areas / Insurance / Maintenance Grounds / Pools / Recreation Facilities / Reserve Fund / Security
- Association Amenities
- Clubhouse / Fitness Center / Gated / Library / Management / Pool / Parking / Security / Tennis Courts / Trash / Elevators
- Community Features
- Gated / Property Manager On Site
- Security
- Building Security / Gated With Guard / Gated Community / Lobby Secured / Security Fence / Security Guard
- Utilities
- Cable Available / Electricity Available / Sewer Available / Water Available
- Pets Allowed
- No
- Financing Terms
- Cash / Conventional
- Restrictions
- Buyer Approval Required / No Smoking / Ok To Lease / Rental Restriction
- MLS Area
- 5420
Schools
- Elementary School
- Northmore
- Middle School
- John F. Kennedy (Palm Beach)
- High School
- Palm Beach Lakes
About the Community
Placido Mar Condo is a gated, waterfront community in West Palm Beach, Palm Beach County, Florida. Active listings are priced from $360,000 to $550,000. Homes were built starting 1974. Pure Equity lists homes in Placido Mar and represents buyers. Commission is negotiable, and what we are paid is agreed with you in writing before you commit to anything.
- Homes for Sale
- 2
- Under Contract
- 1
- Median List Price
- $470,000
- Median $/Sq Ft
- $378
- Avg Days on Market
- 139
Frequently Asked Questions
- How do I schedule a tour of 5200 N Flagler Drive 1106, West Palm Beach, FL 33407?
- Use the Tour button on this listing to request a showing of 5200 N Flagler Drive 1106, West Palm Beach, FL 33407. Pick a day and time and choose an in-person or video-chat tour, and a Pure Equity agent will confirm your visit, often the same day.
- Is 5200 N Flagler Drive 1106, West Palm Beach, FL 33407 still available?
- 5200 N Flagler Drive 1106, West Palm Beach, FL 33407 is currently listed as Under Contract, and has been on the market 23 days. Status updates directly from the MLS as homes go under contract, so ask us to confirm availability before you plan a visit.
- How much is the monthly payment for 5200 N Flagler Drive 1106, West Palm Beach, FL 33407?
- With 20% down ($79,800) on the $399,000 list price and a 30-year fixed loan at an illustrative 6.875% rate, the estimated principal & interest for 5200 N Flagler Drive 1106, West Palm Beach, FL 33407 is about $2,097/mo, before property taxes, insurance, and HOA dues. Use the payment estimate on this page to adjust the down payment and rate.
- How do I get pre-approved to buy 5200 N Flagler Drive 1106, West Palm Beach, FL 33407?
- Getting pre-approved shows sellers you're a serious buyer and clarifies your true budget before you offer on 5200 N Flagler Drive 1106, West Palm Beach, FL 33407. Contact Pure Equity and we'll connect you with a trusted local lender to review your financing options, no obligation.
- Does 5200 N Flagler Drive 1106, West Palm Beach, FL 33407 have an HOA fee?
- Yes: 5200 N Flagler Drive 1106, West Palm Beach, FL 33407 carries an HOA fee of about $1,527 monthly. HOA dues usually cover community amenities and shared maintenance; ask us for the current budget, rules, and exactly what's included.
- What schools serve 5200 N Flagler Drive 1106, West Palm Beach, FL 33407?
- 5200 N Flagler Drive 1106, West Palm Beach, FL 33407 is zoned for Northmore (elementary), John F. Kennedy (Palm Beach) (middle), Palm Beach Lakes (high). School assignments and boundaries can change year to year, so confirm current zoning with the local school district before you buy.
- Can I negotiate the price of 5200 N Flagler Drive 1106, West Palm Beach, FL 33407?
- Often, yes. The right offer on 5200 N Flagler Drive 1106, West Palm Beach, FL 33407 depends on how it's priced against comparable condo sales in West Palm Beach, how long it's been listed, and how motivated the seller is. Pure Equity will run the comps and help you craft a competitive, well-supported offer.
Listing courtesy of Echo Fine Properties
Listing information is provided by BeachesMLS, Inc.and is deemed reliable but not guaranteed accurate by the MLS or Pure Equity. Information is for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties. © 2026 BeachesMLS, Inc. Last updated August 30, 2026.
$399,000
Interested in This Property?
Contact us to schedule a showing or ask a question.
Own a home near this one? See what it would sell for today
Listed by Franco Enzo Camacho, Echo Fine Properties
Map & Location
Featured Communities
Cities in Palm Beach County
Zip Codes in Palm Beach County
Property Types
Recent Sales
Recently sold homes in Placido Mar Condo
These are the last 6 recorded closings in Placido Mar Condo, with the price each home actually sold for rather than what it was listed at. They closed at a median of $347 per square foot. The most recent closed on August 24, 2026. Closed sales are what an appraiser and a buyer's agent will look at, so they are the starting point for pricing a home here.
Sold$385,000
Sold · August 24, 2026
5200 N Flagler Drive 803
2 bed · 2 bath · 1,235 sqft · $312/sqft
$25,000 under the asking price
Sold$325,000
Sold · August 10, 2026
5200 N Flagler Drive 404
2 bed · 2 bath · 1,235 sqft · $263/sqft
$24,000 under the asking price
Sold$525,000
Sold · August 10, 2026
5200 N Flagler Drive N 905
2 bed · 2 bath · 1,235 sqft · $425/sqft
$25,000 under the asking price
Sold$500,000
Sold · April 24, 2026
5200 N Flagler Drive 1404
2 bed · 2 bath · 1,235 sqft · $405/sqft
$19,500 under the asking price
Sold$433,900
Sold · April 9, 2026
5200 N Flagler Drive 1502
2 bed · 2 bath · 1,250 sqft · $347/sqft
Sold$410,000
Sold · March 24, 2026
5200 N Flagler Drive 603
2 bed · 2 bath · 1,235 sqft · $332/sqft
$17,000 under the asking price
See every recorded sale in Placido Mar Condo or find out what your Placido Mar Condo home is worth.
