$415,000
$15K PRICE DROP

Placido Mar Condominiums 5200 N Flagler Dr Unit 4040 Floor 4 West Palm Beach, FL 33407

Northwood Neighborhood

Estimated payment $3,879/month

Total Views 10,238
2 Beds
2 Baths
1,235 Sq Ft
$336 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

ASSESSMENTS 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 Carport Space
  • 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
  • Carport Y N: Yes
  • 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
  • Pool Private: No
  • Waterfront Features: Intracoastal Access
  • Waterfront: Yes
  • Construction Type: Block
  • Property Condition: Resale

Garage/Parking

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

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 List to Sale Price per Sq Ft Prior Sale
10/04/2025 10/04/25 Off Market $415,000 -- --
10/02/2025 10/02/25 For Sale $415,000 0.0% $336 / Sq Ft
10/02/2025 10/02/25 Price Changed $415,000 -3.5% $336 / Sq Ft
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 View Prior Sale
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

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

For Sale

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Mika Patel
Listing Agent
Mika Patel
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Douglas Elliman
(561) 645-7622