NOT LISTED FOR SALE

The Plaza of the Palm Beaches 525 S Flagler Dr Unit 9 C & D West Palm Beach, FL 33401

Downtown West Palm Beach Neighborhood

Estimated Value: $2,929,000 - $5,168,000

4 Beds
4.5 Baths
4,018 Sq Ft
$5,618/mo HOA Fee

Last Sold June 07, 2024

Last sale price $5,500,000 $1,369 Per Sq Ft

Est. 21% decrease in value since last sale

Current estimated payment $33,792/month

27 Days on Market

Highlights

  • Doorman
  • Fitness Center
  • Clubhouse
  • Lake Front
  • Gated with Attendant
  • 2-minute walk to South Cove Natural Area

About This Home

As of June 2024

This is a truly remarkable, recently renovated, luxury unit in one of West Palm Beach's finest buildings. High-end interior finishes abound with a new and on-trend kitchen, new baths, pristine blonde wood floors, custom closets, and wraparound balcony with sweeping views, across the intracoastal, to the ocean. A truly commanding opportunity priced to sell.

Last Agent to Sell the Property

Conrad Clevlen

BHHS EWM Realty License #3524472 Listed on: 04/23/2024

BHHS EWM Realty

Last Buyer's Agent

Chris Leavitt

Douglas Elliman License #3232586

Douglas Elliman

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $15,751

Year Built

  • Built in 1986

Lot Details

HOA Fees

  • $5,618 Monthly HOA Fees

Parking

  • Over 1 Space Per Unit

Interior Spaces

  • 4,018 Sq Ft Home
  • Wet Bar
  • Furnished or left unfurnished upon request
  • Wood Flooring
  • Washer and Dryer

Kitchen

  • Electric Range
  • Microwave
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Bidet
  • Separate Shower in Primary Bathroom

Home Security

Utilities

  • Central Heating and Cooling System
  • Cable TV Available

Listing and Financial Details

  • Assessor Parcel Number 74434322250000093

Community Details

Overview

  • 221 Units
  • Plaza Of The Palm Beaches Subdivision
  • 33-Story Property

Amenities

  • Doorman
  • Billiard Room

Recreation

  • Community Spa

Pet Policy

  • Pets Allowed

Security

  • Gated with Attendant
  • Resident Manager or Management On Site
  • Impact Glass

Property Details

Home Type

Condominium

Est. Annual Taxes

$15,751

Year Built

Built in 1986

Lot Details

0

HOA Fees

$5,618 per month

Parking

2

Listing Details

  • Prop. Type: Residential
  • Property Sub Type: Condominium
  • Property Sub Type Additional: Condominium
  • Year Built: 1986
  • Entry Level: 9
  • Year Built Details: Resale
  • Special Features: None

Interior Features

  • Interior Amenities: Wet Bar, Bidet, Separate Shower
  • Furnished: Negotiable
  • Spa Features: Community
  • Appliances: Dryer, Dishwasher, Electric Range, Disposal, Microwave, Refrigerator, Washer/Dryer, Washer
  • Full Bathrooms: 4
  • Half Bathrooms: 1
  • Total Bedrooms: 4
  • Flooring: Wood
  • Living Area: 4018.0
  • Stories: 33
  • Window Features: Impact Glass

Exterior Features

  • Pool Features: None, Association, Community
  • Waterfront Features: Lake Front
  • Waterfront: Yes
  • Disclosures: Pet on Property
  • Construction Type: Block
  • Property Condition: Resale

Garage/Parking

  • Covered Parking Spaces: 2.0
  • Attached Garage: Yes
  • Garage Spaces: 2.0
  • Garage Yn: Yes
  • Parking Features: Attached, Garage, Two or More Spaces

Utilities

  • Security: Door Man, Gated with Guard, Security Guard
  • Cooling: Central Air
  • Cooling Y N: Yes
  • Heating: Central
  • Heating Yn: Yes
  • Sewer: Public Sewer
  • Utilities: Cable Available, Electricity Available, Sewer Available, Water Available
  • Water Source: Public

Condo/Co-op/Association

  • Association Fee: 5618.0
  • Community Features: Gated, Pickleball, Property Manager On-Site, Pool, Sauna, Tennis Court(s)
  • Senior Community: No
  • Amenities: Billiard Room, Clubhouse, Fitness Center, Management, Pickleball, Pool, Sauna, Spa/Hot Tub, Tennis Court(s)
  • Association Fee Frequency: Monthly
  • Pets Allowed: Yes

Lot Info

  • Parcel #: 74434322250000093
  • Zoning Description: FWD-5(

Tax Info

  • Tax Year: 2023
  • Tax Annual Amount: 15751.0

Multi Family

  • Number Of Units In Community: 221

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 23, 2024
Closed on
Jun 7, 2024
Sold by
525 Sflagler 9Cd Llc
Bought by
Langhammer Horst and Langhammer Regine Ingrid
Seller's Agent
Conrad Clevlen
BHHS EWM Realty
Buyer's Agent
Chris Leavitt
Douglas Elliman
List Price
$6,850,000
Sold Price
$5,500,000
Premium/Discount to List
-$1,350,000
-19.71%
Views
14
Current Estimated Value
$4,338,413

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$1,161,587
Avg. Annual Appreciation
-18.03%

Purchase Details

Listed on
Oct 7, 2022
Closed on
Mar 31, 2023
Sold by
Grabosky Doris
Bought by
525 Sflagler 9Cd Llc
Seller's Agent
Monika Phillips
Douglas Elliman (Jupiter)
Buyer's Agent
Conrad Clevlen
BHHS EWM Realty
List Price
$3,525,000
Sold Price
$3,200,000
Premium/Discount to List
-$325,000
-9.22%
Views
15

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
57.64%

Purchase Details

Closed on
May 6, 2005
Sold by
Grabosky Doris and Grabosky Jack
Bought by
Grabosky Doris and Doris Grabosky Revocable Trust Agreement

Purchase Details

Closed on
Dec 31, 2001
Sold by
Grabosky Doris and Grabosky Jack
Bought by
Grabosky Doris

Purchase Details

Closed on
Jun 6, 2001
Sold by
Joseph Demelo I
Bought by
Grabosky Doris

Purchase Details

Closed on
Jun 4, 2001
Sold by
Robert Million M and Robert Carolyn Million
Bought by
Grabosky Doris

Purchase Details

Closed on
May 27, 1998
Sold by
Verlie L Sheridan Tr
Bought by
Million Robert

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$195,000
Interest Rate
7.11%
Mortgage Type
Credit Line Revolving
Source: Public Records

Range of Values:

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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
Langhammer Horst $5,500,000 None Listed On Document
525 Sflagler 9Cd Llc -- Trident Title
525 Sflagler 9Cd Llc $3,200,000 Trident Title
Grabosky Doris -- --
Grabosky Doris -- --
Grabosky Doris $665,000 --
Grabosky Doris $560,000 --
Million Robert $260,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Million Robert $209,000
Previous Owner Million Robert $100,000
Previous Owner Million Robert $195,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/07/2024 06/07/24 Sold $5,500,000 -19.7% $1,369 / Sq Ft
05/21/2024 05/21/24 Pending -- -- --
04/23/2024 04/23/24 For Sale $6,850,000 +114.1% $1,705 / Sq Ft
03/31/2023 03/31/23 Sold $3,200,000 -5.9% $796 / Sq Ft
01/24/2023 01/24/23 Price Changed $3,399,000 -2.9% $846 / Sq Ft
01/03/2023 01/03/23 Price Changed $3,499,000 -0.7% $871 / Sq Ft
10/07/2022 10/07/22 For Sale $3,525,000 -- $877 / Sq Ft
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 $61,800 $2,875,000 -- --
2023 $15,751 $763,279 $0 $0
2022 $15,607 $741,048 $0 $0
2021 $15,596 $719,464 $0 $0
2020 $15,520 $709,531 $0 $0
2019 $15,936 $693,579 $0 $0
2018 $14,588 $680,647 $0 $0
2017 $14,443 $666,647 $0 $0
2016 $14,422 $652,935 $0 $0
2015 $14,699 $648,396 $0 $0
2014 $14,713 $643,250 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • C

    Seller's Agent in 2024

    Conrad Clevlen

    BHHS EWM Realty

    (512) 636-2861

    4 in this area

    5 Total Sales

    Section Image
  • Chris Leavitt

    Buyer's Agent in 2024

    Chris Leavitt

    Douglas Elliman

    (616) 414-2810

    8 in this area

    216 Total Sales

    Section Image

  • J

    Buyer Co-Listing Agent in 2024

    Joey Columbo

    Douglas Elliman

    (561) 236-8754

    4 in this area

    53 Total Sales

    Section Image

  • M

    Seller's Agent in 2023

    Monika Phillips

    Douglas Elliman (Jupiter)

    (561) 768-3331

    3 in this area

    83 Total Sales

    Section Image
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About The Plaza of the Palm Beaches

Map

Source: BeachesMLS

MLS Number: R10980930

BeachesMLS

APN: 74-43-43-22-25-000-0093

Florida Palm Beach County West Palm Beach 33401 Downtown West Palm Beach

525 S Flagler Dr Unit 9 C & D, West Palm Beach, FL

This home is located at 525 S Flagler Dr Unit 9 C & D, West Palm Beach, FL 33401 since 23 April 2024 and is currently estimated at $4,305,963, approximately $1,071 per square foot. This property was built in 1986. 525 S Flagler Dr Unit 9 C & D is a home located in Palm Beach County with nearby schools including U. B. Kinsey/Palmview Elementary School, Conniston Middle School, and Forest Hill 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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