$5,000,000
SOLD MAY 25, 2021

622 N Flagler Dr Unit 1003 West Palm Beach, FL 33401

Downtown West Palm Beach Neighborhood
4 Beds
3 Baths
4,035 Sq Ft
$4,292/mo HOA Fee

Recently Sold

$1,239 Per Sq Ft

730 Days on Market

Highlights

  • Doorman
  • Fitness Center
  • Wood Flooring
  • Property fronts an intracoastal waterway
  • Outdoor Pool
  • 5-minute walk to Flagler Park

About This Home

As of February 2022

Simply stunning, modern, four bedroom on prized high floor location with stellar panoramic water views. Its exciting and well-scaled customized space are ideal for the art collector. With richly appointed interior details and a flexible floor plan, this is a creation for the discerning who want to move right in! Gracious oversize master suite, elevator directly to your apartment in this desirable full-service white glove building with dog run, full-time security and concierge, two car spaces, storage bin, new entrance, lobby, pool on the Intracoastal, great gym, movie theater, boardroom, guest suites and more.

Last Agent to Sell the Property

Paulette Koch

The Corcoran Group License #3068398 Listed on: 05/21/2019

The Corcoran Group

Co-Listed By

Dana Koch

The Corcoran Group License #3027862

Last Buyer's Agent

JAMES MCCANN

THE CORCORAN GROUP

Property Details

Home Type

  • Condo-Op

Est. Annual Taxes

  • $69,401

Year Built

  • Built in 2003

Lot Details

  • Property fronts an intracoastal waterway
  • Home has East and West Exposure

HOA Fees

  • $4,292 Monthly HOA Fees

Parking

  • 2 Car Garage

Interior Spaces

  • 4,035 Sq Ft Home
  • Home Gym
  • Fire and Smoke Detector

Kitchen

  • Double Convection Oven
  • Gas Range
  • Microwave
  • Freezer
  • Ice Maker
  • Dishwasher
  • Disposal
  • Instant Hot Water

Flooring

  • Wood
  • Wall to Wall Carpet

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 3 Bathrooms

Laundry

  • Laundry in unit
  • Dryer
  • Washer

Outdoor Features

  • Outdoor Pool
  • Balcony

Utilities

  • Forced Air Zoned Heating and Cooling System
  • Cable TV Available

Listing and Financial Details

  • Assessor Parcel Number 74434322340101003

Community Details

Overview

  • Association fees include insurance, cable TV, common area, maintenance exterior, trash, sewer, water
  • 48 Units
  • One Watermark Pl Community
  • On-Site Maintenance
  • 15-Story Property

Amenities

  • Doorman
  • Common Area
  • Lobby
  • Elevator

Recreation

  • Fitness Center

Pet Policy

  • Pets Allowed

Security

  • Security Guard
  • Resident Manager or Management On Site

Property Details

Home Type

Condo-Op

Est. Annual Taxes

$69,401

Year Built

Built in 2003

Lot Details

0

HOA Fees

$4,292 per month

Listing Details

  • Property Sub Type: Condominium
  • Prop. Type: Condo/Co-Op
  • Building Name: One Watermark Pl
  • Year Built: 2003
  • Location Tax Legal:Name of Building: One Watermark Pl
  • Location Tax Legal:Zoned: R-D(1) - Moderate Density Residential
  • Location Tax Legal:Homestead Exempt: No
  • Location Tax Legal:Taxes2: 69401.0
  • Location Tax Legal:Tax Year2: 2020
  • General Property Description:Living Area: 4035.0
  • General Property Description:Pool: Yes
  • General Property Description:Waterfront: Yes
  • General Property Description:Maintenance Amount: 12876.0
  • General Property Description:Per: Quarter
  • General Property Description:_pound_ Units in Complex: 48
  • General Property Description:_pound_ Floors: 15.0
  • Exposure of Unit:East2: Yes
  • Pool:Pool3: Yes
  • ACHeat:Central Air: Yes
  • ACHeat:Central Heat: Yes
  • Appliances Refrigerators: Yes
  • Appliances Microwave: Yes
  • Washers: Yes
  • Appliances Dryer: Yes
  • Laundry:Laundry in Unit: Yes
  • Security:Door Person: Yes
  • Services Included:Full Time Manager: Yes
  • Services Included:Exercise Facility: Yes
  • Maintenance Includes:Common Area: Yes
  • Maintenance Includes:Exterior Bldg: Yes
  • Maintenance Includes:Garbage Pickup: Yes
  • Maintenance Includes:Sewer2: Yes
  • Maintenance Includes:Water2: Yes
  • Floors:Hardwood: Yes
  • Floors:WW Carpeting: Yes
  • Pets:Pets Allowed: Yes
  • ACHeat:Multi Zone Air: Yes
  • ACHeat:Multi Zone Heat: Yes
  • Exposure of Unit:West2: Yes
  • Security:Security Guards: Yes
  • Maintenance Includes:Cable TV: Yes
  • Waterfront-Building:Intracoastal-Direct2: Yes
  • Waterfront-Unit:Intracoastal-Direct3: Yes
  • Special Features: VirtualTour

Interior Features

  • Appliances: Dishwasher, Disposal, Refrigerator, Freezer, Ice Maker, Instant Hot Water, Oven-Double, Oven-Convection, Microwave, Washer, Dryer, Range - Gas
  • Half Bathrooms: 1
  • Total Bedrooms: 4
  • Flooring: Hardwood, W/W Carpeting
  • Interior Amenities: Cable, Smoke Alarms
  • Living Area: 4035.0
  • Stories: 15
  • Interior Features:Smoke Alarms: Yes
  • Appliances Dishwasher: Yes
  • Appliances:Freezer: Yes
  • Appliances:Ice Maker: Yes
  • Appliances:Oven-Convection: Yes
  • Interior Features:Cable: Yes
  • Appliances:Oven-Double: Yes
  • Appliances:Range-Gas: Yes
  • Appliances:Instant Hot Water: Yes

Exterior Features

  • Pool Features: Pool
  • Pool Private: Yes
  • Exterior Features: Balcony, Elevator, Exercise Room, Lobby
  • Exterior Features:Balcony: Yes
  • Exterior Features:Elevator2: Yes
  • Exterior Features:Exercise Room2: Yes
  • Exterior Features:Lobby: Yes

Garage/Parking

  • Parking:Garage2: Yes
  • Parking:_two_ Car2: Yes

Utilities

  • Laundry Features: Laundry in Unit
  • Security: Security Guards, Door Person
  • Heating: Central Air, Central Heat, Multi Zone Air, Multi Zone Heat
  • Heating Yn: Yes

Condo/Co-op/Association

  • Amenities: Full Time Manager, Exercise Facility
  • Association: Yes

Association/Amenities

  • Restrictions:Condo Association: Yes

Fee Information

  • Association Fee Includes: Insurance, Cable TV, Common Area, Maintenance Exterior, Trash, Sewer, Water

Lot Info

  • Development Status: Land Owned
  • Parcel #: 74434322340101003
  • Zoning: R-D(1) - Moderate

Multi Family

  • Number Of Units Total: 48
  • Maintenance Expense: 12876.0

Tax Info

  • Tax Annual Amount: 69401.0
  • Tax Year: 2020

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Dec 3, 2021
Closed on
Jan 25, 2022
Sold by
Patrick Carney
Bought by
Siegel William D
Seller's Agent
JIM McCANN
Premier Estate Properties, Inc
Buyer's Agent
Sonja Stevens
Sotheby's Intl. Realty, Inc.
List Price
$10,850,000
Sold Price
$10,200,000
Premium/Discount to List
-$650,000
-5.99%
Current Estimated Value
$8,365,113

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$1,834,887
Avg. Annual Appreciation
-4.19%

Purchase Details

Listed on
May 21, 2019
Closed on
May 24, 2021
Sold by
Lunder Peter H and Lunder Paula C
Bought by
Carney Patrick
Seller's Agent
Paulette Koch
The Corcoran Group
Buyer's Agent
JAMES MCCANN
THE CORCORAN GROUP
List Price
$5,000,000
Sold Price
$5,000,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
181.02%

Purchase Details

Closed on
May 22, 2003
Sold by
Wci Communities Inc
Bought by
Lunder Peter H
Source: Public Records

Range of Values:

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Average Value
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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 Type Sale Price Title Company
Warranty Deed $10,200,000 Sniffen & Spellman Pa
Warranty Deed $5,000,000 Landcastle Title Group Llc
Special Warranty Deed $2,300,000 First Fidelity Title Inc
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/01/2022 02/01/22 Sold $10,200,000 -6.0% $2,522 / Sq Ft
01/02/2022 01/02/22 Pending -- -- --
12/03/2021 12/03/21 For Sale $10,850,000 +117.0% $2,682 / Sq Ft
05/25/2021 05/25/21 Sold $5,000,000 0.0% $1,239 / Sq Ft
05/20/2021 05/20/21 Pending -- -- --
05/21/2019 05/21/19 For Sale $5,000,000 0.0% $1,239 / Sq Ft
06/13/2012 06/13/12 Rented $360,000 +1746.2% --
05/14/2012 05/14/12 Under Contract -- -- --
07/28/2011 07/28/11 For Rent $19,500 -- --
Source: Palm Beach Board of REALTORS®

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 $129,473 $6,320,000 -- --
2023 $142,358 $6,900,000 $0 $6,900,000
2022 $114,156 $5,406,000 $0 $0
2021 $75,789 $3,500,000 $0 $3,500,000
2020 $69,401 $3,150,000 $0 $3,150,000
2019 $69,251 $3,300,000 $0 $3,300,000
2018 $61,292 $3,000,000 $0 $3,000,000
2017 $54,992 $2,500,000 $0 $0
2016 $63,541 $2,795,100 $0 $0
2015 $59,127 $2,541,000 $0 $0
2014 $54,563 $2,310,000 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • J

    Seller's Agent in 2022

    JIM McCANN

    Premier Estate Properties, Inc

    (561) 307-1525

    10 in this area

    71 Total Sales

    JIM McCANN
    Section Image

  • S

    Buyer's Agent in 2022

    Sonja Stevens

    Sotheby's Intl. Realty, Inc.

    (561) 573-9198

    2 in this area

    9 Total Sales

    Sonja Stevens
    Section Image

  • P

    Seller's Agent in 2021

    Paulette Koch

    The Corcoran Group

    (561) 227-4416

    9 in this area

    141 Total Sales

    Paulette Koch
    Section Image
  • Dana Koch

    Seller Co-Listing Agent in 2021

    Dana Koch

    The Corcoran Group

    (561) 379-7718

    14 in this area

    223 Total Sales

    Dana Koch
    Section Image

  • J

    Buyer's Agent in 2021

    JAMES MCCANN

    THE CORCORAN GROUP

  • E

    Seller's Agent in 2012

    Elaine Edwards

    Brown Harris Stevens of PB

    (561) 659-6400

    15 Total Sales

    Elaine Edwards
    Section Image
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Map

Source: Palm Beach Board of REALTORS®

MLS Number: 19-1185

APN: 74-43-43-22-34-010-1003

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

622 N Flagler Dr Unit 1003, West Palm Beach, FL

This home is located at 622 N Flagler Dr Unit 1003, West Palm Beach, FL 33401 and is currently priced at $5,000,000, approximately $1,239 per square foot. This property was built in 2003. 622 N Flagler Dr Unit 1003 is a home located in Palm Beach County with nearby schools including U. B. Kinsey/Palmview Elementary School, Conniston Middle School, and Palm Beach Lakes Community High School.

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