How do I schedule a tour of 5200 N Flagler Drive 1604, West Palm Beach, FL 33407?

Use the Tour button on this listing to request a showing of 5200 N Flagler Drive 1604, 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 1604, West Palm Beach, FL 33407 still available?

5200 N Flagler Drive 1604, West Palm Beach, FL 33407 is currently listed as Active, and has been on the market 176 days. Status updates directly from the MLS as homes go under contract, so ask us to confirm availability before you plan a visit.

How do I get pre-approved to buy 5200 N Flagler Drive 1604, 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 1604, 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 1604, West Palm Beach, FL 33407 have an HOA fee?

Yes: 5200 N Flagler Drive 1604, West Palm Beach, FL 33407 carries an HOA fee of about $1,529 monthly. HOA dues usually cover community amenities and shared maintenance; ask us for the current budget, rules, and exactly what's included.

Can I negotiate the price of 5200 N Flagler Drive 1604, West Palm Beach, FL 33407?

Often, yes. The right offer on 5200 N Flagler Drive 1604, 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.

Active

176 Days on Market

All Listings

$515,000

5200 N Flagler Drive 1604

West Palm Beach, FL 33407

PLACIDO MAR CONDO

Explore the area: West Palm Beach homes for sale · Palm Beach County real estate

Price Check

How this price compares

List price: $515,000
Price per sq ft: $412
Vs. nearby sales: 21.2% above
Days on market: 176

This 2-bedroom condo in Placido Mar Condo is listed at $515,000, or $412 per square foot. It has been on the market for 176 days. The 6 most recent condo sales in the closings shown below sold at a median of $340 per square foot, so the asking price is 21.2% above what comparable homes here actually sold for.

Bedrooms

Bathrooms

1,250

Living Sq Ft

1974

Year Built

Estimated monthly payment

$2,707 /mo

Principal and interest only, based on $103,000 down (20%), a 6.875% 30-year fixed rate. Property taxes, homeowners insurance, and the $1,529/mo HOA are not included.

Customize this estimate

Listing Snapshot

Price: $515,000
Days on Site: 176 Days
Bedrooms: 2
Total Baths: 2
Full Baths: 2
Partial Baths: 0
Living Area: 1,250 sqft
Total Sq Ft: 1,500 sqft
Year Built: 1974
Property Type: Condo
MLS #: B26015055
Property Tax: $6,541 (2025)
HOA Fees: $1,529 / Monthly
Subdivision: PLACIDO MAR CONDO
County: Palm Beach
Status: Active
Special Conditions: Standard

About This Property

Water, water, water!!! UNMATCHED views from Placido Mar! Placido Mar has been the flagship building on the N Flagler Drive corridor for 50 years, but the secret is out and new luxury high rises are joining us along this waterfront! The Mandarin Oriental Residences are coming to 5400 N Flagler and Alba Palm Beach at 4714 N Flagler and Placido Mar is in between at 5200 N Flagler - with the largest piece of land and widest frontage! Enjoy the FL lifestyle with community amenities like tennis, swimming, sauna, gym, club room, piano, billiards, and ground level parking! Unit 1604 has been fully renovated to include impact glass windows and sliders, porcelain tile, an open kitchen, custom cabinetry and more!

Virtual Tour

General Features

Property Type: Condo
Status: Active
Year Built: 1974
Property Condition: Resale / Updated Remodeled
Number of Stories: 25
Levels: One
Parking: Carport / Detached Carport
Direction Faces: West
Lot Size (Acres): 0
Living Sq Ft: 1,250
Total Sq Ft: 1,500
Structure Type: Multi Family
Sewer: Public Sewer
Water Source: Public
Zoning: MF32 (city)

Interior Features

Appliances: Dryer / Dishwasher / Electric Range / Electric Water Heater / Freezer / Disposal / Ice Maker / Microwave / Oven / Refrigerator / Water Heater / Washer
Cooling: Central Air
Heating: Central / Individual
Flooring: Ceramic Tile
Interior Features: Built In Features / Closet Cabinetry / Entrance Foyer / Kitchen Island / Pantry / Split Bedrooms / Storage / Tub Shower / Walk In Closets
Laundry: Laundry Closet / In Unit / Washer Dryer Install Allowed
Windows: Blinds / Storm Windows / Shutters
Main Level Bedrooms: 2
Main Level Baths: 2

Exterior Features

Construction: See Remarks
Roof: Other
Exterior Features: Balcony / Outdoor Living Area
Pool Features: Association / Heated
Patio & Porch: Covered / Balcony
Waterfront: Yes
Waterfront Features: Intracoastal Access
View: Intercoastal / Ocean / Water

Community & HOA

HOA Fee: $1,529 / Monthly
HOA Includes: Common Areas / Cable Tv / Maintenance Grounds / Pools / Recreation Facilities / Reserve Fund / Roof / Sewer / Security / Trash / Water / Internet
Association Amenities: Billiard Room / Clubhouse / Car Wash Area / Fitness Center / Gated / Library / Management / Pier / Pickleball / Pool / Parking / Shuffleboard Court / Sauna / Security / Storage / Tennis Courts / Trash / Elevators
Community Features: Gated / Property Manager On Site
Security: Gated With Guard / Gated Community
Utilities: Other
Pets Allowed: No
Financing Terms: Cash / Conventional / Contract
Restrictions: Buyer Approval Required / Limited Number Vehicles / No Corporate Buyer / Other Restrictions / Rental Restriction / See Remarks
MLS Area: 5420

This home's HOA fee works out to $1,529 a month, in line with the $1,527 median across 3 homes for sale in Placido Mar Condo. See Placido Mar Condo HOA fees

About the Community

Placido Mar

View Community Details →

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: 3
Median List Price: $450,000
Median $/Sq Ft: $364
Avg Days on Market: 116

View all 3 homes for sale in Placido Mar →

Frequently Asked Questions

How do I schedule a tour of 5200 N Flagler Drive 1604, West Palm Beach, FL 33407?: Use the Tour button on this listing to request a showing of 5200 N Flagler Drive 1604, 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 1604, West Palm Beach, FL 33407 still available?: 5200 N Flagler Drive 1604, West Palm Beach, FL 33407 is currently listed as Active, and has been on the market 176 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 1604, West Palm Beach, FL 33407?: With 20% down ($103,000) on the $515,000 list price and a 30-year fixed loan at an illustrative 6.875% rate, the estimated principal & interest for 5200 N Flagler Drive 1604, West Palm Beach, FL 33407 is about $2,707/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 1604, 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 1604, 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 1604, West Palm Beach, FL 33407 have an HOA fee?: Yes: 5200 N Flagler Drive 1604, West Palm Beach, FL 33407 carries an HOA fee of about $1,529 monthly. HOA dues usually cover community amenities and shared maintenance; ask us for the current budget, rules, and exactly what's included.
Can I negotiate the price of 5200 N Flagler Drive 1604, West Palm Beach, FL 33407?: Often, yes. The right offer on 5200 N Flagler Drive 1604, 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 Illustrated 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 June 23, 2026.

$515,000

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Listed by Parisa Hamzetash, Illustrated Properties

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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.