$430,000

Placido Mar Condominiums 5200 N Flagler Dr Unit 4040 West Palm Beach, FL 33407

Northwood Harbor Neighborhood

Estimated payment $3,963/month

Total Views 9,169
2 Beds
2 Baths
1,235 Sq Ft
$348 Price per Sq Ft

Highlights

  • Property fronts an intracoastal waterway
  • Gated with Attendant
  • Community Pool
  • Fitness Center
  • Clubhouse
  • 3-minute walk to Osprey Park

About This Home

FINALLY --the beautiful Intracoastal view is open! All assessments are fully paid by the seller, so you can simply move in and wake up to serene waterfront vistas from this 2-bed, 2-bath condo offered at exceptional value. With a spacious layout, the open kitchen features granite countertops, ample cabinetry, and stainless steel appliances. A new AC adds comfort and peace of mind, while ceramic tile flooring in the living areas enhances durability. Every room opens to the balcony, creating an indoor-outdoor living with expansive Intracoastal views, and a refreshing cross-breeze throughout. Resort-style amenities and on-site management ensure a luxury lifestyle. This is a rare opportunity to own in a sought-after location, surrounded by some of WPB's most exciting development and growth.

Listing Agent

Mika Patel

Douglas Elliman License #3370013 Listed on: 08/22/2025

Douglas Elliman

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $1,945

Year Built

  • Built in 1974

Lot Details

HOA Fees

  • $1,530 Monthly HOA Fees

Home Design

  • Entry on the 4th floor

Interior Spaces

  • 1,235 Sq Ft Home
  • Furnished or left unfurnished upon request
  • Built-In Features
  • Ceiling Fan

Kitchen

  • Electric Range
  • Microwave
  • Dishwasher
  • Disposal

Flooring

  • Carpet
  • Ceramic Tile

Bedrooms and Bathrooms

  • 2 Bedrooms
  • Split Bedroom Floorplan
  • Walk-In Closet
  • 2 Full Bathrooms

Laundry

  • Laundry Room
  • Washer and Dryer

Home Security

Parking

  • Detached Garage
  • Assigned Parking

Utilities

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

Listing and Financial Details

  • Assessor Parcel Number 74434304230004040
  • Seller Considering Concessions

Community Details

Overview

  • Association fees include management, common areas, cable TV, insurance, ground maintenance, maintenance structure, parking, pool(s), reserve fund, roof, security, trash, water, internet
  • Placido Mar Condo Subdivision
  • 26-Story Property

Amenities

  • Clubhouse
  • Billiard Room
  • Community Library
  • Elevator
  • Community Wi-Fi

Recreation

  • Shuffleboard Court

Security

  • Gated with Attendant
  • Resident Manager or Management On Site
  • Fire and Smoke Detector
  • Fire Sprinkler System

Property Details

Home Type

Condominium

Est. Annual Taxes

$1,945

Year Built

Built in 1974

Lot Details

0

HOA Fees

$1,530 per month

Listing Details

  • Prop. Type: Residential
  • Property Sub Type: Condominium
  • Property Sub Type Additional: Condominium
  • Directions: From I-95, exit 45th st and head east. Turn right (south) on North Flagler Dr. Continue to 5200 N Flagler Dr - Placido Mar Condo is on the east side. DIRECTLY ON THE INTRACOASTAL.
  • Year Built: 1974
  • Entry Level: 4
  • Year Built Details: Resale
  • Special Features: VirtualTour

Interior Features

  • Interior Amenities: Built-in Features, Split Bedrooms, Tub Shower, Walk-In Closet(s)
  • Furnished: Negotiable
  • Appliances: Dryer, Dishwasher, Electric Range, Electric Water Heater, Disposal, Microwave, Refrigerator, Washer/Dryer, Washer
  • Full Bathrooms: 2
  • Total Bedrooms: 2
  • Flooring: Carpet, Ceramic Tile
  • Living Area: 1235.0
  • Dining Room Type: Laundry, Storage Room
  • Stories: 26

Exterior Features

  • View: Intercoastal
  • Pool Features: None, Association, Community
  • Waterfront Features: Intracoastal Access
  • Waterfront: Yes
  • Construction Type: Block
  • Property Condition: Resale

Garage/Parking

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

Utilities

  • Security: Gated with Guard, Fire Sprinkler System, Smoke Detector(s)
  • Cooling: Central Air, Ceiling Fan(s), Electric
  • Cooling Y N: Yes
  • Heating: Central, Electric
  • Heating Yn: Yes
  • Sewer: Public Sewer
  • Utilities: Cable Available, Sewer Available, Water Available
  • Water Source: Public

Condo/Co-op/Association

  • Association Fee: 1530.0
  • Community Features: Clubhouse, Gated, Internet Access, Pickleball, Property Manager On-Site, Pool, Shuffleboard, Tennis Court(s)
  • Senior Community: No
  • Amenities: Billiard Room, Clubhouse, Fitness Center, Library, Management, Pickleball, Pool, Shuffleboard Court, Storage, Tennis Court(s), Trash, Elevator(s)
  • Association Fee Frequency: Monthly
  • Association: Yes
  • Pets Allowed: No

Fee Information

  • Association Fee Includes: Association Management, Common Areas, Cable TV, Insurance, Maintenance Grounds, Maintenance Structure, Parking, Pool(s), Reserve Fund, Roof, Security, Trash, Water, Internet

Lot Info

  • Parcel #: 74434304230004040
  • Zoning Description: MF32(c

Tax Info

  • Tax Year: 2024
  • Tax Annual Amount: 1945.0

Map

About Placido Mar Condominiums

Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area

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
2024 $1,945 $132,240 -- --
2023 $1,876 $128,388 $0 $0
2022 $1,926 $124,649 $0 $0
2021 $1,901 $121,018 $0 $0
2020 $1,883 $119,347 $0 $0
2019 $3,443 $151,000 $0 $151,000
2018 $2,982 $131,000 $0 $131,000
2017 $3,381 $156,000 $0 $0
2016 $3,179 $131,890 $0 $0
2015 $2,969 $119,900 $0 $0
2014 $2,661 $109,000 $0 $0
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/22/2025 08/22/25 For Sale $430,000 +104.8% $348 / Sq Ft
03/15/2019 03/15/19 Sold $210,000 -11.4% $168 / Sq Ft
02/13/2019 02/13/19 Pending -- -- --
06/29/2018 06/29/18 For Sale $237,000 0.0% $190 / Sq Ft
09/20/2016 09/20/16 Rented $1,550 -13.9% --
08/21/2016 08/21/16 Under Contract -- -- --
07/06/2016 07/06/16 For Rent $1,800 -- --
Source: BeachesMLS

Purchase History

Date Type Sale Price Title Company
Warranty Deed $210,000 Title Trust Services Llc
Warranty Deed $240,000 All Florida Land Title Co
Warranty Deed -- --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $157,500 New Conventional
Previous Owner $165,000 Purchase Money Mortgage
Source: Public Records

Source: BeachesMLS

MLS Number: R11117765

BeachesMLS

APN: 74-43-43-04-23-000-4040

Florida Palm Beach County West Palm Beach 33407 Northwood Harbor

5200 N Flagler Dr Unit 4040, West Palm Beach, FL

This home is located at 5200 N Flagler Dr Unit 4040, West Palm Beach, FL 33407 and is currently priced at $430,000, approximately $348 per square foot. This property was built in 1974. 5200 N Flagler Dr Unit 4040 is a home located in Palm Beach County with nearby schools including Northmore Elementary School, John F. Kennedy Middle School, and Palm Beach Lakes Community High School.

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 to be accurate and should be independently verified.

BeachesMLS IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.

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Mika Patel
Listing Agent
Mika Patel
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Douglas Elliman
(561) 708-4693