RENTED OCT 20, 2025

Placido Mar Condominiums 5200 N Flagler Dr Unit 2402-North Twr Floor 24 West Palm Beach, FL 33407

Northwood Neighborhood

Estimated Value: $475,000 - $676,000

2 Beds
2 Baths
1,235 Sq Ft
1974 Built

Highlights

  • Ocean View
  • Gated with Attendant
  • Deck
  • Property fronts an intracoastal waterway
  • Clubhouse
  • 3-minute walk to Osprey Park

About This Home

As of October 2025

Easy to see! BREATHTAKING, direct ocean + intracoastal views in this 24th floor, east facing 2 bedroom/ 2 bathroom condo. You will feel like you're on vacation every day. This condo is unique with 379 sq ft of Expanded Double Balconies overlooking Palm Beach Island, Intracoastal Waterway and Atlantic Ocean. This condo also has a Washer/Dryer in Unit AND an assigned covered Parking spot. Tenant pays Electric and Internet. Water and Cable TV Included in Rent. 24 Hour Security Guard Gate. Amenities include Heated Pool, Fitness Room, Landscaped Gazebo Walkways, BBQ, Putting Green, and Fishing Pier and tennis courts. .

Last Agent to Rent the Property

Taryn Pisaneschi

EXP Realty LLC License #3270481 Listed on: 01/16/2025

EXP Realty LLC

Co-Listed By

Lee Allen Shultz

EXP Realty LLC License #3467419

Last Renter's Agent

Anastasija Oskina

Dalton Wade Inc License #3611597

Dalton Wade Inc

Condo Details

Home Type

  • Condominium

Year Built

  • Built in 1974

Lot Details

  • Fenced

Property Views

Home Design

  • 1,235 Sq Ft Home
  • Entry on the 24th floor

Kitchen

  • Microwave
  • Dishwasher

Flooring

  • Ceramic Tile
  • Vinyl

Bedrooms and Bathrooms

  • 2 Bedrooms
  • Split Bedroom Floorplan
  • 2 Full Bathrooms

Laundry

  • Dryer
  • Washer

Parking

  • Detached Carport Space
  • Assigned Parking

Outdoor Features

  • Balcony
  • Deck
  • Open Patio
  • Porch

Utilities

  • Central Heating and Cooling System
  • Electric Water Heater
  • Municipal Trash
  • TV Antenna

Listing and Financial Details

  • Property Available on 1/16/25
  • Assessor Parcel Number 74434304230012402
  • Seller Considering Concessions

Community Details

Recreation

  • Putting Green
  • Park

Security

  • Gated with Attendant
  • Resident Manager or Management On Site

Additional Features

  • Placido Mar Condo Subdivision
  • Clubhouse

Condo Details

Home Type

Condominium

Year Built

Built in 1974

Lot Details

0

Rental Info

  • Tenant Pays: Exterior Electric
  • Available Date: 2025-01-16

Listing Details

  • Prop. Type: Residential Lease
  • Property Sub Type: Condominium
  • Property Sub Type Additional: Condominium
  • Directions: Placido Mar is a fantastic Location on the intracoastal, close to nearby Hospitals, downtown West Palm Beach, I-95, Palm Beach Airport + PB Gardens. It's just across the bridge from Palm Beach Island
  • Year Built: 1974
  • Carport Y N: Yes
  • Entry Level: 24
  • Special Features: VirtualTour

Interior Features

  • Interior Amenities: Split Bedrooms, Tub Shower
  • Furnished: Unfurnished
  • Appliances: Dryer, Dishwasher, Electric Water Heater, Microwave, Refrigerator, Washer
  • Full Bathrooms: 2
  • Total Bedrooms: 2
  • Flooring: Ceramic Tile, Vinyl
  • Living Area: 1235.0
  • Dining Room Type: Storage Room

Exterior Features

  • Exterior Features: Balcony, Deck, Fence, TV Antenna, Tennis Court(s)
  • View: Intercoastal, Ocean, Pool
  • Pool Features: None, Association, Community
  • Pool Private: No
  • View: Yes
  • Waterfront Features: Intracoastal Access
  • Waterfront: Yes
  • Patio And Porch Features: Balcony, Deck, Open, Porch

Garage/Parking

  • Garage Yn: No
  • Parking Features: Assigned, Covered, Detached Carport

Utilities

  • Security: Gated with Guard, Security Guard, Security Lights
  • Cooling: Central Air
  • Cooling Y N: Yes
  • Heating: Central
  • Heating Yn: Yes

Condo/Co-op/Association

  • Community Features: Gated, Park, Property Manager On-Site, Pool, Tennis Court(s)
  • Senior Community: No
  • Amenities: Clubhouse, Management, Pickleball, Pool, Putting Green(s), Tennis Court(s), Trash
  • Pets Allowed: No

Lot Info

  • Parcel #: 74434304230012402
  • Land Lease Amount Frequency: Monthly
  • Lot Size: East of US-1

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 25, 2014
Closed on
Sep 30, 2014
Sold by
Toufanian Cyrus Kourush and Harley Toufanian J
Bought by
3323 North Flagler Llc
Seller's Agent
Margaret Jordan
LoKation
Buyer's Agent
Susie Fernandes
Pure Realty Group
Sold Price
$20,000
Current Estimated Value
$566,305

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$546,305

Purchase Details

Closed on
Dec 16, 2004
Sold by
Toufanian Cherie
Bought by
Toufanian Cyrus Kourush

Purchase Details

Closed on
Mar 26, 2003
Sold by
Dzumaryk Edward H and Dzumaryk Shirley A
Bought by
Toufanian Cherie

Purchase Details

Closed on
Apr 10, 1998
Sold by
Gering Gerard C
Bought by
Dzumaryk Edward H and Dzumaryk Shirley A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$90,000
Interest Rate
7.06%
Mortgage Type
New Conventional

Purchase Details

Closed on
Nov 20, 1996
Sold by
Canon Anthony J Nad Christine L
Bought by
Gering Gerard C

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$99,000
Interest Rate
7.83%
Mortgage Type
New Conventional
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
Not Available
List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
3323 North Flagler Llc -- Attorney
Toufanian Cyrus Kourush -- --
Toufanian Cherie $265,000 --
Dzumaryk Edward H $117,500 --
Gering Gerard C $110,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Gering Gerard C $90,000
Previous Owner Gering Gerard C $99,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
10/20/2025 10/20/25 Rented $2,850 -8.1% --
03/27/2025 03/27/25 Price Changed $3,100 -4.6% $3 / Sq Ft
01/16/2025 01/16/25 For Rent $3,250 -83.8% --
09/10/2014 09/10/14 Rented $20,000 +900.0% --
08/11/2014 08/11/14 Under Contract -- -- --
07/29/2014 07/29/14 For Rent $2,000 -- --
Source: BeachesMLS

Tax History Compared to Growth

Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2025 $7,496 $341,135 -- --
2024 $7,496 $310,123 -- --
2023 $7,161 $281,930 $0 $0
2022 $5,938 $256,300 $0 $0
2021 $5,263 $233,000 $0 $233,000
2020 $5,314 $233,000 $0 $233,000
2019 $5,143 $223,000 $0 $223,000
2018 $4,648 $208,000 $0 $208,000
2017 $4,908 $218,000 $0 $0
2016 $4,898 $213,000 $0 $0
2015 $4,685 $198,000 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: BeachesMLS

MLS Number: R11053220

BeachesMLS

APN: 74-43-43-04-23-001-2402