NOT LISTED FOR SALE

622 N Flagler Dr Unit 802 West Palm Beach, FL 33401

Downtown West Palm Beach Neighborhood

Estimated Value: $5,146,000 - $9,224,000

4 Beds
4 Baths
4,475 Sq Ft
$1,639/Sq Ft Est. Value

Last Sold April 16, 2021

Last sale price $5,580,000 $1,247 Per Sq Ft

Est. 31% increase in value since last sale

Current estimated payment $55,369/month

6 Days on Market

Highlights

  • Doorman
  • Home fronts a seawall
  • Pool and Spa
  • Docks
  • Fitness Center
  • 5-minute walk to Flagler Park

About This Home

As of April 2021

Net sale. Beautiful crisp architectural detailing is a hallmark of this wonderful 4-bedroom home overlooking the Intracoastal & Atlantic.

The private elevator lobby opens through a custom pivoting door to an art collector's dream – with wide open areas for both paintings & sculpture, strategically lit from above.

Spacious living areas all open to 3 large balconies, furnished as outdoor living rooms, open to the sea breeze yet protected from the prevailing wind.

The chef's kitchen with gas range, microwave and 3 ovens opens to a fabulous informal living area with fireplace, overlooking miles of the Intracoastal.

Boffi, Wolf, Miele & Subzero provide subtle contemporary elegance to this timeless space, where every area has been a focus of the architect's design-attention. Electronically, the Control 4 smart system gives iPhone remote control of thermostats, sound and TV's from anywhere. Electric shades allow for easy control of the custom window treatments.

Exclusive One Watermark Place is a luxury, high-security, full-service waterfront condominium building with 48 floor-through units, each with private elevator access.

Watermark802.com

Last Agent to Sell the Property

Clive Stuart-Findlay

Sotheby's International Realty, Inc. License #674286 Listed on: 03/03/2021

Sotheby's International Realty, Inc.

Last Buyer's Agent

Lawrence A Moens

Lawrence A. Moens Associates, Inc. License #202740

Property Details

Home Type

  • Condo-Op

Est. Annual Taxes

  • $68,478

Year Built

  • Built in 2003

Lot Details

  • Home fronts a seawall
  • Property fronts an intracoastal waterway
  • Home has sun exposure from multiple directions
  • Gated Home

HOA Fees

  • $5,141 Monthly HOA Fees

Parking

  • 2 Car Garage

Interior Spaces

  • 4,475 Sq Ft Home
  • Wet Bar
  • Sound System
  • Ceiling Fan
  • Fireplace
  • Dining Area
  • Library
  • Storage
  • Utility Room
  • Home Gym

Kitchen

  • Eat-In Kitchen
  • Double Convection Oven
  • Gas Range
  • Microwave
  • Freezer
  • Ice Maker
  • Dishwasher
  • Wine Refrigerator
  • Disposal

Flooring

  • Wall to Wall Carpet
  • Stone
  • Marble

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 4 Bathrooms

Laundry

  • Laundry in unit
  • Dryer
  • Washer

Home Security

  • Home Security System
  • High Impact Windows
  • High Impact Door
  • Fire and Smoke Detector

Pool

Outdoor Features

  • Bulkhead
  • Docks
  • Balcony

Utilities

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

Listing and Financial Details

  • Homestead Exemption
  • Assessor Parcel Number 74434322340088020

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
  • Pool and Spa
  • Gas Heated Pool
  • Outdoor Pool

Pet Policy

  • Pets Allowed
  • Pet Restriction

Security

  • Security Guard
  • Resident Manager or Management On Site

Property Details

Home Type

Condo-Op

Est. Annual Taxes

$68,478

Year Built

Built in 2003

Lot Details

0

HOA Fees

$5,141 per month

Listing Details

  • Property Sub Type: Condominium
  • Prop. Type: Condo/Co-Op
  • Directions: Flagler Drive to just north of Flagler Memorial Bridge.
  • Building Name: One Watermark Pl
  • Year Built: 2003
  • Location Tax Legal:Name of Building: One Watermark Pl
  • Location Tax Legal:Zoned: 0400
  • Location Tax Legal:Homestead Exempt: Yes
  • Location Tax Legal:Taxes2: 68478.0
  • Location Tax Legal:Tax Year2: 2020
  • General Property Description:Living Area: 4475.0
  • General Property Description:Pool: Yes
  • General Property Description:Waterfront: Yes
  • General Property Description:Maintenance Amount: 15423.0
  • General Property Description:Per: Quarter
  • General Property Description:_pound_ Units in Complex: 48
  • General Property Description:_pound_ Floors: 15.0
  • Waterfront-Unit:Living Room View: Yes
  • Waterfront-Unit:Master Bedroom View: Yes
  • Exposure of Unit:East2: Yes
  • Exposure of Unit:South2: 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:Security System: 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
  • Exposure of Unit:North2: Yes
  • Pool:Heated - Gas: Yes
  • Floors:Marble: Yes
  • Floors:WW Carpeting: Yes
  • Pets:Pets Allowed: Yes
  • ACHeat:Multi Zone Air: Yes
  • ACHeat:Multi Zone Heat: Yes
  • Security:Gate House: Yes
  • Exposure of Unit:West2: Yes
  • Security:Security Guards: Yes
  • Lease Restrictions Pets W Restrictions: Yes
  • Maintenance Includes:Cable TV: Yes
  • Waterfront-Building:Intracoastal-Direct2: Yes
  • Floors:StoneBrick: Yes
  • Waterfront-Unit:Intracoastal-Direct3: Yes
  • Dock:Dock Space Available: Yes
  • Special Features: VirtualTour

Interior Features

  • Appliances: Dishwasher, Disposal, Refrigerator, Refrigerator-Wine, Freezer, Ice Maker, Oven-Single, Oven-Double, Oven-Convection, Microwave, Washer, Dryer, Range - Gas
  • Half Bathrooms: 1
  • Total Bedrooms: 4
  • Flooring: Marble, Stone/Brick, W/W Carpeting, Other Flooring
  • Interior Amenities: Cable, Ceiling Fan, Fireplace, Sound System, Storage, Wet Bar, Wndw Trmnts Included, Smoke Alarms
  • Living Area: 4475.0
  • Stories: 15
  • Interior Features:Smoke Alarms: Yes
  • Interior Features:Storage: Yes
  • Interior Features:Wndw Trmnts Included: Yes
  • Other Rooms:Eat-in Kitchen: Yes
  • Other Rooms:Utility Room: Yes
  • Other Rooms:LibraryDen: Yes
  • Appliances Dishwasher: Yes
  • Appliances:Refrigerator-Wine: Yes
  • Appliances:Freezer: Yes
  • Appliances:Ice Maker: Yes
  • Appliances:Oven-Convection: Yes
  • Interior Features:Cable: Yes
  • Interior Features:Ceiling Fan: Yes
  • Interior Features:Fireplace: Yes
  • Appliances:Oven-Double: Yes
  • Other Rooms:Dining Area: Yes
  • Appliances:Oven-Single: Yes
  • Interior Features:Wet Bar: Yes
  • Appliances:Range-Gas: Yes
  • Interior Features:Sound System: Yes

Exterior Features

  • Pool Features: Pool, Spa, Fresh Water, Heated Gas
  • Pool Private: Yes
  • Exterior Features: Balcony, Seawall/Bulkhead, Impact Doors, Impact Windows, Elevator, Exercise Room, Lobby
  • Exterior Features:Balcony: Yes
  • Exterior Features:Elevator2: Yes
  • Exterior Features:Exercise Room2: Yes
  • Exterior Features:Lobby: Yes
  • Exterior Features:Impact Doors: Yes
  • Exterior Features:Impact Windows: Yes
  • Pool/Spa: Yes
  • Exterior Features:SeawallBulkhead2: Yes

Garage/Parking

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

Utilities

  • Laundry Features: Laundry in Unit
  • Security: Gate House, Security Guards, Security System, 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 #: 74434322340088020
  • Zoning: 0400

Multi Family

  • Number Of Units Total: 48
  • Maintenance Expense: 15423.0

Tax Info

  • Tax Annual Amount: 68478.0
  • Tax Year: 2020

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 3, 2021
Closed on
Apr 16, 2021
Sold by
Ring Timothy M and Gleason Kathryn L
Bought by
Grow Christine Fisher and Grow Christine Fisher
Seller's Agent
Clive Stuart-Findlay
Sotheby's International Realty, Inc.
Buyer's Agent
Lawrence A Moens
Lawrence A. Moens Associates, Inc.
List Price
$5,580,000
Sold Price
$5,580,000
Current Estimated Value
$7,332,658

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$1,752,658
Avg. Annual Appreciation
6.35%

Purchase Details

Closed on
Jun 7, 2011
Sold by
Weinberg Robert J and Eisner Jay J
Bought by
Ring Timothy M

Purchase Details

Closed on
Apr 8, 2005
Sold by
Flack James C and Flack Hilda O
Bought by
Wolgin Jack and Jack Wolgin Revocable Agreement Of Trust

Purchase Details

Closed on
May 29, 2003
Sold by
Siegel Morton
Bought by
Flack James C

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,803,750
Interest Rate
3.5%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

Range of Values:

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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 Buyer Sale Price Title Company
Grow Christine Fisher $5,580,000 Attorney
Christine Fisher Grow Agreement Of Trust $5,580,000 Rabideau Guy
Ring Timothy M $2,850,000 Attorney
Wolgin Jack $3,250,000 --
Flack James C $2,775,000 First Fidelity Title Inc
Siegel Morton $2,150,000 First Fidelity Title Inc
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Flack James C $1,803,750
Closed Flack James C $416,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/16/2021 04/16/21 Sold $5,580,000 0.0% $1,247 / Sq Ft
03/09/2021 03/09/21 Pending -- -- --
03/03/2021 03/03/21 For Sale $5,580,000 -- $1,247 / Sq Ft
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 $138,064 $6,740,000 -- --
2023 $138,052 $6,413,000 $0 $0
2022 $123,094 $5,830,000 $0 $0
2021 $68,742 $3,194,100 $0 $0
2020 $68,478 $3,150,000 $0 $3,150,000
2019 $73,379 $3,300,000 $0 $3,300,000
2018 $65,058 $3,000,000 $0 $3,000,000
2017 $65,966 $3,000,000 $0 $0
2016 $74,229 $3,260,950 $0 $0
2015 $68,710 $2,964,500 $0 $0
2014 $63,636 $2,695,000 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • C

    Seller's Agent in 2021

    Clive Stuart-Findlay

    Sotheby's International Realty, Inc.

    (561) 352-0536

    2 in this area

    4 Total Sales

    Clive Stuart-Findlay
    Section Image

  • L

    Buyer's Agent in 2021

    Lawrence A Moens

    Lawrence A. Moens Associates, Inc.

    (561) 655-5510

    5 in this area

    119 Total Sales

    Lawrence A Moens
    Section Image
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Map

Source: Palm Beach Board of REALTORS®

MLS Number: 21-358

APN: 74-43-43-22-34-008-8020

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

622 N Flagler Dr Unit 802, West Palm Beach, FL

This home is located at 622 N Flagler Dr Unit 802, West Palm Beach, FL 33401 since 03 March 2021 and is currently estimated at $7,332,658, approximately $1,638 per square foot. This property was built in 2003. 622 N Flagler Dr Unit 802 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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