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5200 N Flagler Drive # 1106, West Palm Beach FL 33407

Condo/Co-op For Sale
$399,000

BTC: 5.06345178

ETH: 162.92364230

New
Waterfront
2 bds
2 ba
1,235 sqft

Overview

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.

Location

Details

Type:
Residential
Parking:
Assigned / Awning / Covered / Guest
Year Built:
1974
Lot:
No Data
Heating:
Central
Price/sqft:
$323
Cooling:
Central Air
HOA:
$1,527

Valuation

Our model vs. what's actually selling nearby.
Estimate
$379,000
$216K – $766K
Confidence Low
List vs. estimate
$20K above estimate
List $399,000 · +5.3%
Our model says this listing is priced above recent comparable activity. Room to negotiate.
Price per sq ft
$323
+65.0% vs. city median $195
Based on
467 MLS comparables
+ 30 public-records sales within 0.5 mi
Median actual sale: $433K
Median of recent comparable listings. Sold comps use closing price, active listings use list price.

Highlights

Annual tax
$5,949
2025
HOA
$1,527/mo
Pool
Community
View
Intracoastal View, Water
Waterfront
Intracoastal Front
Parking
1 spaces
Pets
Not allowed
All facts and features
  • Flooring

    • Carpet

    Heating

    • Central

    Cooling

    • Central Air

    Appliances

    • Electric Water Heater

    • Dishwasher

    • Disposal

    • Dryer

    • Microwave

    • Electric Range

    • Refrigerator

    • Washer

    Other interior features

    • Interior Hall

    • Lobby

    • Split Bedroom

    • Utility Room/Laundry

    Bedrooms and bathrooms

    • Bedrooms: 2

    • Full bathrooms: 2

  • Parking

    • Assigned

    • Awning

    • Covered

    • Guest

    Property

    • Levels: 1

    • Pool Private: Yes

    • Exterior Features: East Of Us1 / Exterior Cat Walk / Balcony

    Other Property Information

    • Parcel Number: 74434304230011106

    • Zoning: MF32 (city)

  • Type and style

    • Property Type: Residential

    • Property Sub Type: Condominium

  • Utility

    • Cable Connected

    • Electricity Connected

    • Sewer Connected

    • Water Connected

    • Cable Available

    • Electricity Available

    • Sewer Available

    • Water Available

  • Other financial information

    • HOA: $1,527

    • HOA Frequency: Monthly

    • Annual tax amount: $5,949

  • Source details

    • MLS ID: B26068787

    Other facts

    • Construction Materials: CBS Construction

    • Laundry Features: Laundry Room / Utility Room/Laundry

    • Lot Features: East Of US 1

    • Pool Features: Community

    • Window Features: Complete Accordian Shutters / Electric Shutters

    • Direction Faces: East

    • Other Structures: Livable

    • Architectural Style: One Story

    • Waterfront: Yes

    • Living Area: 1235

    • Water Source: Public

    • Subdivision Name: Placido Mar Condo

Private inquiry
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The multiple listing information is provided by the Miami Association of REALTORS® from a copyrighted compilation of listings. The compilation of listings and each individual listing are ©2026-present Miami Association of REALTORS®. All Rights Reserved. The information provided is for consumers' personal, noncommercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. All properties are subject to prior sale or withdrawal. All information provided is deemed reliable but is not guaranteed accurate, and should be independently verified. Listing courtesy of: Echo Fine Properties