NOT LISTED FOR SALE

Placido Mar Condominiums 5200 N Flagler Dr Unit 4060 West Palm Beach, FL 33407

Northwood Harbor Neighborhood

Estimated Value: $379,000 - $430,000

2 Beds
2 Baths
1,250 Sq Ft
$947/mo HOA Fee

Last Sold May 02, 2022

Last sale price $325,000 $260 Per Sq Ft

Est. 23% increase in value since last sale

Current estimated payment $3,592/month

30 Days on Market

Highlights

  • Property has ocean access
  • Fitness Center
  • Clubhouse
  • Property fronts an intracoastal waterway
  • Gated with Attendant
  • 3-minute walk to Osprey Park

About This Home

As of May 2022

CONDO NEEDS SOME SPRUCING UP--TLC--A/C STAIN IN DINING ROOM CEILING FROM THE DUCK WORK--DISPOSAL AND DISHWASHER MAYBE NOT WORKING--GREAT WATERFRONT PROPERTY LOCATED 4TH FLOOR--END UNIT--COVERED PARKING--IF PURCHASED CAN'T RENT FOR 3 YEARS--NO PETS--42'' BALCONY OVERLOOKING THE INTRACOASTAL WATERWAY--HEATED POOL--FISHING PIER--TENNIS--PICKLE BALL--CLUB ROOMS--LIBRARY--EXERCISE ROOMS--TV ROOM--SAUNAS--BEAUTIFUL POOL AREA--24-7 SECURITY ENTRANCE--LITTLE EXTRA STORAGE--CLOSE TO CITY PLACE--AIRPORT--GOLF--CHURCHES--AND GREAT RESTAURANTS--CLOSE TO BEACHES--LUSH LANDSCAPING--SE EXPOSURE TRADE WINDS ARE GREAT--CAR WASH AREA--2 GAXEBOS FOR YOUR USE RIGHT ON THE INTRACOASTAL--NO PETS-TENANT OCCUPIED UNTIL APRIL 18, 2022-WHEN PURCHASED CANNOT RENT FOR 3 YEARS--24 HOUR NOTICE TO SHOW--

Last Agent to Sell the Property

TOM GIBBS

Luxury Real Estate Group LLC License #608734 Listed on: 03/02/2022

Last Buyer's Agent

TOM GIBBS

Luxury Real Estate Group LLC License #608734 Listed on: 03/02/2022

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $3,762

Year Built

  • Built in 1974

Lot Details

  • Sprinkler System

HOA Fees

  • $947 Monthly HOA Fees

Interior Spaces

  • 1,250 Sq Ft Home
  • Blinds
  • Entrance Foyer
  • Combination Kitchen and Dining Room
  • Carpet

Kitchen

  • Electric Range
  • Microwave
  • Ice Maker
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

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

Laundry

  • Laundry Room
  • Washer and Dryer

Home Security

  • Security Lights
  • Closed Circuit Camera

Parking

  • Covered Parking
  • Guest Parking
  • Deeded Parking
  • Assigned Parking

Outdoor Features

  • Property has ocean access
  • Seawall

Utilities

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

Listing and Financial Details

  • Assessor Parcel Number 74434304230004060

Community Details

Overview

  • Association fees include management, cable TV, insurance, legal/accounting, ground maintenance, maintenance structure, pool(s), sewer, trash, water, internet
  • 145 Units
  • High-Rise Condominium
  • Placido Mar Waterfront Co Subdivision
  • 26-Story Property

Amenities

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

Recreation

  • Shuffleboard Court
  • Park

Security

  • Gated with Attendant
  • Resident Manager or Management On Site
  • Phone Entry
  • Fire and Smoke Detector

Property Details

Home Type

Condominium

Est. Annual Taxes

$3,762

Year Built

Built in 1974

Lot Details

0

HOA Fees

$947 per month

Listing Details

  • Prop. Type: Residential
  • Property Sub Type: Condominium
  • Property Sub Type Additional: Condominium
  • Directions: TAKE 45TH ST. OFF RT 95 EAST TO INTRACOASTAL OR FLAGLER DRIVE--GO NORTH 7 BLOCKS PLACIDO MAR ON RIGHT--
  • Year Built: 1974
  • Architectural Style: High Rise
  • Unit Levels: Three Or More
  • Year Built Details: Resale
  • Special Features: VirtualTour

Interior Features

  • Interior Amenities: Entrance Foyer, Kitchen/Dining Combo, Pantry, Split Bedrooms, Walk-In Closet(s)
  • Furnished: Unfurnished
  • Appliances: Dryer, Dishwasher, Electric Range, Electric Water Heater, Disposal, Ice Maker, Microwave, Refrigerator, Washer/Dryer, Washer
  • Full Bathrooms: 2
  • Total Bedrooms: 2
  • Flooring: Carpet
  • Living Area: 1250.0
  • Dining Room Type: Laundry
  • Stories: 26
  • Window Features: Blinds

Exterior Features

  • Exterior Features: TV Antenna
  • View: Intercoastal
  • Lot Features: Sprinklers Automatic
  • Pool Features: None, Association, Community
  • Waterfront Features: Intracoastal Access, Ocean Access, Seawall
  • Waterfront: Yes
  • Construction Type: Block
  • Property Condition: Resale

Garage/Parking

  • Garage Yn: No
  • Parking Features: Assigned, Covered, Deeded, Guest

Utilities

  • Security: Closed Circuit Camera(s), Gated with Guard, Phone Entry, Security Guard, Security Lights, Smoke Detector(s)
  • Cooling: Central Air, Electric
  • Cooling Y N: Yes
  • Heating: Central, Electric
  • Heating Yn: Yes
  • Sewer: Public Sewer
  • Utilities: Cable Available, Electricity Available, Sewer Available, Water Available
  • Water Source: Public

Condo/Co-op/Association

  • Association Fee: 947.0
  • Community Features: Clubhouse, Gated, Internet Access, Park, Pickleball, Property Manager On-Site, Pool, Sauna, Shuffleboard, Street Lights, Tennis Court(s)
  • Senior Community: No
  • Amenities: Billiard Room, Clubhouse, Fitness Center, Library, Management, Pickleball, Pool, Shuffleboard Court, Sauna, Tennis Court(s), Trash, Elevator(s)
  • Association Fee Frequency: Monthly
  • Pets Allowed: No

Fee Information

  • Association Fee Includes: Association Management, Cable TV, Insurance, Legal/Accounting, Maintenance Grounds, Maintenance Structure, Pool(s), Sewer, Trash, Water, Internet

Lot Info

  • Parcel #: 74434304230004060
  • Zoning Description: RES

Tax Info

  • Tax Year: 2021
  • Tax Annual Amount: 3762.0

Multi Family

  • Number Of Units In Community: 145

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 2, 2022
Closed on
Apr 26, 2022
Sold by
Neudorff Family Trust
Bought by
Heredia Richard
Seller's Agent
TOM GIBBS
Luxury Real Estate Group LLC
Buyer's Agent
TOM GIBBS
Luxury Real Estate Group LLC
List Price
$325,000
Sold Price
$325,000
Current Estimated Value
$398,959

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$73,959
Avg. Annual Appreciation
9.24%
Original Mortgage
$292,500
Outstanding Balance
$275,401
Interest Rate
3.25%
Mortgage Type
New Conventional
Estimated Equity
$153,116

Purchase Details

Closed on
Nov 29, 2007
Sold by
Neudorff Richard F and Neudorff Judy J
Bought by
Neudorff Richard F and Neudorff Judy J

Purchase Details

Closed on
Oct 12, 1999
Sold by
Gilbert Jesse E and Gilbert Irmgard
Bought by
Neudorff Richard and Neudorff Judy

Purchase Details

Closed on
Jul 31, 1996
Sold by
Pr Ernest Zeltman
Bought by
Gilbert Jesse E and Gilbert Irmgard
Source: Public Records

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Range of Values:

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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
Heredia Richard $325,000 New Title Company Name
Neudorff Richard F -- Attorney
Neudorff Richard $80,000 --
Gilbert Jesse E $62,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Heredia Richard $292,500
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/02/2022 05/02/22 Sold $325,000 0.0% $260 / Sq Ft
04/02/2022 04/02/22 Pending -- -- --
03/02/2022 03/02/22 For Sale $325,000 0.0% $260 / Sq Ft
01/16/2012 01/16/12 Rented $1,350 0.0% --
12/17/2011 12/17/11 Under Contract -- -- --
11/08/2011 11/08/11 For Rent $1,350 -- --
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
2024 $5,069 $280,000 -- --
2023 $5,972 $280,000 $0 $280,000
2022 $4,277 $180,400 $0 $0
2021 $3,762 $164,000 $0 $164,000
2020 $3,622 $156,000 $0 $156,000
2019 $3,436 $146,000 $0 $146,000
2018 $3,199 $141,000 $0 $141,000
2017 $3,653 $166,000 $0 $0
2016 $3,437 $144,100 $0 $0
2015 $3,141 $131,000 $0 $0
2014 $3,011 $124,000 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • T

    Seller's Agent in 2022

    TOM GIBBS

    Luxury Real Estate Group LLC

    3 in this area

    3 Total Sales

    TOM GIBBS
    Section Image

  • P

    Buyer's Agent in 2012

    Pauline Trautman

    Inactive member

See All Agents

About Placido Mar Condominiums

Map

Source: BeachesMLS

MLS Number: R10780638

BeachesMLS

APN: 74-43-43-04-23-000-4060

Florida Palm Beach County West Palm Beach 33407 Northwood Harbor

5200 N Flagler Dr Unit 4060, West Palm Beach, FL

This home is located at 5200 N Flagler Dr Unit 4060, West Palm Beach, FL 33407 since 02 March 2022 and is currently estimated at $398,959, approximately $319 per square foot. This property was built in 1974. 5200 N Flagler Dr Unit 4060 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.

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