The Plaza of the Palm Beaches 525 S Flagler Dr Unit 2701 West Palm Beach, FL 33401
Downtown West Palm Beach Neighborhood
3
Beds
2.5
Baths
2,091
Sq Ft
$2,924/mo
HOA Fee
Highlights
- Doorman
- Property fronts an intracoastal waterway
- Gated with Attendant
- Ocean View
- Fitness Center
- 2-minute walk to South Cove Natural Area
About This Home
As of February 2025Discover unparalleled luxury and breathtaking potential in this expansive corner unit at The Plaza Residences, located on prestigious S Flagler Drive in the heart of West Palm Beach. Offering direct oceanfront views and an enviable vantage point over the Intracoastal Waterway, this home promises vistas that stretch from serene sunrises to spectacular sunsets. Spanning 2,091 square feet, this 3-bedroom, 2.5-bath residence features a spacious layout bathed in natural light, with floor-to-ceiling glass windows framing the sparkling water and cityscape. While this gem awaits your personal touch, the canvas is ideal for crafting your dream home in one of West Palm Beach's most sought-after buildings. The oversized primary suite includes a private west-facing terrace, a spacious walk-in closet,
Last Agent to Sell the Property
Douglas Elliman License #3391612 Listed on: 11/18/2024
Property Details
Home Type
- Condominium
Est. Annual Taxes
- $11,969
Year Built
- Built in 1986
Lot Details
HOA Fees
- $2,924 Monthly HOA Fees
Parking
- Over 1 Space Per Unit
- Guest Parking
- Assigned Parking
Property Views
Interior Spaces
- 2,091 Sq Ft Home
- Wet Bar
- Custom Mirrors
- Bar
- Entrance Foyer
- Family Room
- Combination Dining and Living Room
- Closed Circuit Camera
Kitchen
- Eat-In Kitchen
- Breakfast Bar
- Electric Range
- Microwave
- Dishwasher
Flooring
- Carpet
- Tile
Bedrooms and Bathrooms
- 3 Bedrooms
- Closet Cabinetry
- Walk-In Closet
- Dual Sinks
- Roman Tub
- Separate Shower in Primary Bathroom
Laundry
- Laundry Room
- Washer and Dryer
Outdoor Features
- Open Patio
Utilities
- Central Heating and Cooling System
- Electric Water Heater
- Municipal Trash
- Cable TV Available
Listing and Financial Details
- Assessor Parcel Number 74434322250002701
Community Details
Overview
- Association fees include management, common areas, insurance, maintenance structure, parking, pest control, pool(s), roof, sewer, security, trash, water
- 221 Units
- High-Rise Condominium
- Plaza Of The Palm Beaches Subdivision
- 33-Story Property
Amenities
- Doorman
- Community Library
- Elevator
- Bike Room
- Community Storage Space
Recreation
- Community Spa
- Trails
Pet Policy
- Pets Allowed
Security
- Gated with Attendant
- Resident Manager or Management On Site
- Card or Code Access
- Fire and Smoke Detector
- Fire Sprinkler System
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Nov 18, 2024
Closed on
Feb 18, 2025
Sold by
Larman Joshua and Audrey Larmen Revocable Trust
Bought by
Langworthy Ben C and Langworthy Laurel R
Seller's Agent
Christopher Cronican
Douglas Elliman
Buyer's Agent
Kayla GRACE
Compass Florida LLC (PB)
List Price
$2,250,000
Sold Price
$1,880,000
Premium/Discount to List
-$370,000
-16.44%
Views
14
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$120,605
Avg. Annual Appreciation
8.43%
Purchase Details
Closed on
Aug 18, 2023
Sold by
Larman Audrey
Bought by
Audrey Larman Revocable Trust and Larman
Purchase Details
Closed on
Apr 28, 2010
Sold by
Bohm Ilan
Bought by
Larman Audrey
Purchase Details
Closed on
Jun 6, 2007
Sold by
1199 Atlantic Ave Corp
Bought by
Bohm Ilan
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$975,000
Interest Rate
6.16%
Mortgage Type
Purchase Money Mortgage
Purchase Details
Closed on
May 11, 2005
Sold by
Georgas Gregory E and Georgas Anastasia
Bought by
1199 Atlantic Ave Corp
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$650,000
Interest Rate
5.87%
Mortgage Type
Fannie Mae Freddie Mac
Purchase Details
Closed on
May 24, 2002
Sold by
Maiellano Christiane and Maiellano Rocco
Bought by
Georgas Gregory Evan
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$640,000
Interest Rate
5.75%
Similar Homes in West Palm Beach, FL
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Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Warranty Deed | $1,880,000 | None Listed On Document | |
| Warranty Deed | $1,880,000 | None Listed On Document | |
| Warranty Deed | -- | None Listed On Document | |
| Warranty Deed | $585,000 | Coast Title Ins Agency Inc | |
| Quit Claim Deed | -- | None Available | |
| Quit Claim Deed | -- | None Available | |
| Warranty Deed | $1,075,000 | -- | |
| Warranty Deed | $800,000 | -- |
Source: Public Records
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Previous Owner | $175,000 | New Conventional | |
| Previous Owner | $375,000 | New Conventional | |
| Previous Owner | $975,000 | Purchase Money Mortgage | |
| Previous Owner | $150,000 | Credit Line Revolving | |
| Previous Owner | $650,000 | Fannie Mae Freddie Mac | |
| Previous Owner | $700,000 | Unknown | |
| Previous Owner | $640,000 | No Value Available |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 02/18/2025 02/18/25 | Sold | $1,880,000 | -10.5% | $899 / Sq Ft |
| 01/24/2025 01/24/25 | Price Changed | $2,100,000 | -6.7% | $1,004 / Sq Ft |
| 11/18/2024 11/18/24 | For Sale | $2,250,000 | -- | $1,076 / Sq Ft |
Source: BeachesMLS
Tax History Compared to Growth
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 | $12,267 | $605,577 | -- | -- |
| 2023 | $11,969 | $587,939 | $0 | $0 |
| 2022 | $11,852 | $570,815 | $0 | $0 |
| 2021 | $11,837 | $554,189 | $0 | $0 |
| 2020 | $11,776 | $546,537 | $0 | $0 |
| 2019 | $12,084 | $534,249 | $0 | $0 |
| 2018 | $11,049 | $524,288 | $0 | $0 |
| 2017 | $10,929 | $513,504 | $0 | $0 |
| 2016 | $10,909 | $502,942 | $0 | $0 |
| 2015 | $11,117 | $499,446 | $0 | $0 |
| 2014 | $11,127 | $495,482 | $0 | $0 |
Source: Public Records
Agents Affiliated with this Home
-
Christopher Cronican
C
Seller's Agent in 2025
Christopher Cronican
Douglas Elliman
(509) 254-1608
71 in this area
107 Total Sales
-
Lori Cronican
L
Seller Co-Listing Agent in 2025
Lori Cronican
Douglas Elliman
(561) 459-2805
87 in this area
144 Total Sales
-
Kayla GRACE
K
Buyer's Agent in 2025
Kayla GRACE
Compass Florida LLC (PB)
(586) 201-3091
3 in this area
24 Total Sales
About The Plaza of the Palm Beaches
Map
Source: BeachesMLS
MLS Number: R11038111
APN: 74-43-43-22-25-000-2701
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