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Placido Mar Condominiums

Placido Mar Condominiums

Placido Mar Condominiums
Condominium Building
The Costar Building Rating

A rating for the building relative to other buildings of the same type throughout the country. Learn more

5200 N Flagler Dr
West Palm Beach, FL 33407
144 Units
26 Stories
1976 Year Built
$356K - $680K Value Range

Available Units

For Sale
For Rent

Highlights

  • Ocean Front
  • Boat Dock
  • Fitness Center
  • Elevator
  • Outdoor Tennis Courts
  • 3 min walk to Osprey Park

A waterfront high-rise with panoramic views of the Intracoastal

Placido Mar Condominiums stands as a 26-story residential tower on the shores of the Intracoastal Waterway in West Palm Beach, Florida. Completed in 1976, this full-service condominium complex houses 144 units, offering residents breathtaking views of the water, Palm Beach Island, and the Atlantic Ocean. The building's prime location combines the tranquility of waterfront living with the convenience of urban amenities, making it a sought-after address for those seeking a balance between natural beauty and city life.

Spacious units with stunning water views and modern upgrades

Placido Mar offers a range of floor plans to suit various lifestyles, from one-bedroom units to more spacious two-bedroom layouts. The one-bedroom units are generously sized at approximately 1,300 square feet and feature two bathrooms, providing ample space for comfortable living. Two-bedroom units range from 1,165 to 1,450 square feet, with some configurations including up to two full and two half bathrooms. Many units have undergone extensive renovations, boasting modern finishes and high-end appliances. Kitchens in updated units often feature gourmet designs with Italian cabinetry, quartz countertops, and top-tier stainless steel appliances. Bathrooms have been transformed into spa-like retreats with curved showers and elegant fixtures. One of the most striking features of Placido Mar's residences is the abundance of natural light and panoramic views. Floor-to-ceiling windows and sliding glass doors open to spacious balconies, some spanning 40 feet or more, providing unobstructed vistas of the Intracoastal Waterway, Palm Beach Island, and the Atlantic Ocean. Many units benefit from both eastern and western exposures, allowing for stunning sunrise and sunset views. Interior upgrades in select units include wide-plank flooring, custom lighting, and smart home features such as powered Hunter Douglas shades and integrated lighting systems. Some residences boast unique touches like Swarovski chandeliers and custom built-in shelving. Sale prices for two-bedroom units range from $383,200 to $729,000, reflecting variations in size, level of renovation, and specific views. Regardless of the price point, all residents enjoy the building's prime waterfront location and impressive amenities.

Resort-inspired amenities with a focus on waterfront living

Placido Mar Condominiums offers an array of amenities designed to enhance the waterfront lifestyle. The centerpiece is the heated saltwater pool, strategically positioned to provide sweeping views of the Intracoastal Waterway. Adjacent to the pool area, residents can enjoy the sun-drenched deck or relax in the shade of poolside cabanas. For those who prefer more active pursuits, the complex features tennis and pickleball courts, providing opportunities for friendly matches or more competitive play. A shuffleboard court adds to the variety of outdoor recreational options. Fitness enthusiasts will appreciate the well-equipped gym and sauna, allowing for year-round exercise and relaxation. The building's waterfront location is maximized with a private fishing pier and boat dock, enabling residents to fully embrace the Florida coastal lifestyle. For those who enjoy outdoor gatherings, there's a BBQ area perfect for al fresco dining and socializing. Indoor amenities include a clubhouse and community room, complete with a pool table and piano, offering spaces for social events and quiet relaxation. The building also features two gazebos on the meticulously maintained grounds, providing serene spots for enjoying the waterfront views. Placido Mar prioritizes resident convenience and security with 24-hour gated security and on-site management. Each unit comes with an assigned covered parking space, and there's ample guest parking available. Additional storage space is provided for residents, adding to the practicality of condominium living. The building's commitment to modern living is evident in its recent upgrades, including the installation of hurricane impact windows throughout the complex, ensuring safety and peace of mind during Florida's storm season.

A waterfront enclave with easy access to urban amenities

Placido Mar Condominiums is situated in a prime location that blends the tranquility of waterfront living with the convenience of urban amenities. The building is adjacent to Osprey Park, a local green space that offers a peaceful retreat and includes a popular dog park, perfect for pet owners. The surrounding area is experiencing a renaissance, with the nearby Northwood Arts District emerging as a hub of creativity and culture. This vibrant neighborhood, just a short drive away, is home to an eclectic mix of art galleries, boutique shops, and trendy restaurants, adding a dynamic element to the local community. For everyday needs, residents have several convenient options. Broadway Food Market is within walking distance, offering a quick solution for groceries and essentials. A short drive brings residents to larger supermarkets like Publix Super Market at Riviera Beach or Presidente Supermarket, providing a wide range of shopping options. Dining options in the vicinity cater to various tastes and occasions. Nearby restaurants include Yaad Spice for casual dining and Happy Kitchen for those seeking a highly-rated local eatery. For a more upscale experience, residents can venture to CityPlace, an outdoor mall about 3.5 miles away, which offers a variety of dining and shopping options in a refined setting. The area around Placido Mar is rich in recreational opportunities. In addition to the adjacent Osprey Park, residents can enjoy several other nearby green spaces such as Currie Park and Jim Barry Light Harbor Park, both offering water access and amenities like fishing and boating. For those willing to venture a bit further, Peanut Island Park, accessible by boat, provides a unique 80-acre tropical park experience with swimming areas and paved walkways. While the immediate area around Placido Mar is primarily residential, the condominium's location allows for easy access to the more bustling parts of West Palm Beach. Downtown West Palm Beach, with its array of cultural attractions, high-end shopping, and diverse dining scene, is just a short drive away. This proximity allows residents to enjoy the best of both worlds - a serene waterfront home with the excitement of city life within reach.

Convenient access to local and regional transportation options

Placido Mar Condominiums offers residents a range of transportation options, balancing the need for car-based travel with access to public transit. The area immediately surrounding the complex is moderately walkable, with some errands and activities possible on foot. However, for most daily needs and commutes, residents typically rely on personal vehicles or other forms of transportation. For those using public transit, there's a bus stop at Broadway & 49th St, just a short walk from the complex. This stop is served by the PBG - BCR via US-1 line, providing connections to other parts of the city. For longer commutes or trips to other parts of South Florida, the Mangonia Park Tri-Rail station is about a 5-minute drive away. This station offers access to the Tri-County Commuter line, connecting West Palm Beach to Fort Lauderdale and Miami. Cyclists will find the area reasonably accommodating, with some bike infrastructure in place. The flat terrain of South Florida makes biking a viable option for short trips, especially to nearby parks and local amenities. For air travel, Palm Beach International Airport is conveniently located about 20 minutes away by car, offering both domestic and international flights. This proximity is particularly beneficial for frequent travelers or those expecting out-of-town guests. The condominium's location provides easy access to major roadways. While not immediately adjacent to highways, residents can quickly reach I-95 for north-south travel along the coast. The proximity to Flagler Drive and Broadway also facilitates easy movement around West Palm Beach and to neighboring communities. It's worth noting that while the area offers some public transit options, having a car is generally advantageous for residents of Placido Mar. The assigned covered parking for each unit and ample guest parking reflect this car-centric approach to transportation in the area.

Available Condos

Building Details

Views

  • Ocean
  • Intracoastal
  • Garden
  • Pool

Recreation

  • Outdoor Tennis Courts
  • Billiard Room
  • Boat Dock
  • Pickleball Courts
  • Bocce Ball Court
  • Shuffleboard Court
  • Fitness Center
  • Outdoor Pool
  • Community Pool
  • Community Spa
  • Park

Outdoor Features

  • Property has ocean access
  • Ocean Front
  • Property fronts an intracoastal waterway
  • Community Barbecue Grill
  • Common Area

Amenities

  • Sauna
  • Clubhouse
  • Game Room
  • Business Center
  • Community Library
  • Bike Room
  • Community Storage Space
  • Community Wi-Fi
  • Resident Manager or Management On Site
  • Card or Code Access
  • Phone Entry

Parking

  • Detached Garage
  • Guest Parking
  • Open Parking
  • Deeded Parking
  • Assigned Parking
  • Gated with Attendant

Condo Association

  • $1,555 Monthly HOA Fees
  • Monthly HOA Fees Range from $1,530 - $1,555
  • Association fees include management, common areas, cable TV, hot water, insurance, ground maintenance, maintenance structure, pest control, pool(s), reserve fund, roof, sewer, security, trash, water
  • Placido Mar Community
  • Placido Mar Condo Subdivision

Building Design

  • Elevator
  • Impact Glass
  • Fire Sprinkler System
  • High-Rise Condominium
  • Lobby

Unit Features

  • Laundry Room
  • Balcony

Unit Information

Beds
2 Beds
2 Beds
2 Beds
2 Beds
2 Beds
2 Beds
2 Beds
Baths
2 Baths
2 Baths
2 Baths
2 Baths
2 Baths
2 Baths
2 Baths
Sq Ft
1,235
1,250
1,235
1,235
1,235
1,250
1,250
Price
$585,000
$449,000
$575,000
$600,000
$430,000
$499,900
$409,000
Price / Sq Ft
$474 / Sq Ft
$359 / Sq Ft
$466 / Sq Ft
$486 / Sq Ft
$348 / Sq Ft
$400 / Sq Ft
$327 / Sq Ft
List Date
01/03/2025
11/01/2024
04/02/2025
02/14/2025
01/30/2025
08/19/2024
07/15/2024

Unit Size and Value Ranges

1 Bedroom Units
Sq Ft Range
1,250
Est. Values
$474,343 - $477,243
2 Bedroom Units
Sq Ft Range
1,165 - 1,250
Est. Values
$355,657 - $680,216

Map

Area Factors

High Crime

Crime Score®

7 / 10

Bikeable

Bike Score®

62 / 100

Somewhat Walkable

Walk Score®

50 / 100

Some Transit

Transit Score®

31 / 100
Sources: WhatIsMyCrimeRisk.com, Walk Score
Sources: WhatIsMyCrimeRisk.com, Walk Score

WhatIsMyCrimeRisk.com, Powered by CAP Index provides objective, accurate, and consistent data to help measure, compare, and mitigate crime risks. Walk Score® measures the walkability of any address. Transit Score® measures access to public transit. Bike Score® measures the bikeability of any address.

Environmental Factors

Active

Sound Score®

79 / 100

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Air Pollution®

N/A / 10

--

Flood Factor®

N/A / 10

--

Fire Factor®

N/A / 10

--

Heat Factor®

N/A / 10

--

Wind Factor®

N/A / 10
Source: First Street, How Loud
Sources: First Street, How Loud

Sound Score® measures the noise level of any address. Environmental risk data is provided by First Street Foundation® and is designed to approximate risk and not intended to include all possible scenarios.

Parks in this Area

Schools

Source:
GreatSchools: The GreatSchools Rating helps parents compare schools within a state based on a variety of school quality indicators and provides a helpful picture of how effectively each school serves all of its students. Ratings are on a scale of 1 (below average) to 10 (above average) and can include test scores, college readiness, academic progress, advanced courses, equity, discipline and attendance data. We also advise parents to visit schools, consider other information on school performance and programs, and consider family needs as part of the school selection process. View GreatSchools Rating Methodology
Disclaimer: Please note that this building may not be in these schools' attendance zones.

Agents Active in this Building

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Property Taxes

Range in Assessed Values
$19K - $460K
Range of Taxes in Building
$207 - $9,616
Range of Taxes per Sq Ft
$0.17 - $7.69

Property Tax History

Source: Public Records

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Building Team

Property Management
Placido Mar
Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed and should be independently verified.