622 N Flagler Dr Unit 803 West Palm Beach, FL 33401
Downtown West Palm Beach Neighborhood
4
Beds
4
Baths
4,035
Sq Ft
2003
Built
Highlights
- Doorman
- Docks
- Pool and Spa
- Lake Front
- Fitness Center
- 5-minute walk to Flagler Park
About This Home
As of March 2025Welcome to this beautiful 8th floor unit at One Watermark Place. This mansion in the sky boasts panoramic views of the ocean, Palm Beach Island, and the intracoastal. Imagine living at a full-service, gated and secure resort year-round - all just steps to the center of Palm Beach. This turn-key home offers 4,747 square feet of living space, 4 generous bedrooms, 3 bathrooms, and unparalleled outdoor space which features breathtaking and magical views of Palm Beach Island - as it is nestles scenically between the Intracoastal waterway and Atlantic Ocean. Watch the boats go by or admire the endless blue ocean, all from your private oasis at One Watermark Place. Your Palm Beach dream is closer than you think.
Quarterly maintenance is $18,923 which includes maintenance reserves. Quarterly Maintenance also includes Parking spaces #78 and #79. Storage locker #48.
DISCLAIMER: Information published or otherwise provided by the listing company and its representatives including but not limited to prices, measurements, square footages, lot sizes, calculations, statistics, and videos are deemed reliable but are not guaranteed and are subject to errors, omissions or changes without notice. All such information should be independently verified by any prospective purchaser or seller. Parties should perform their own due diligence to verify such information prior to a sale or listing. Listing company expressly disclaims any warranty or representation regarding such information. Prices published are either list price, sold price, and/or last asking price. The listing company participates in the Multiple Listing Service and IDX. The properties published as listed and sold are not necessarily exclusive to listing company and may be listed or have sold with other members of the Multiple Listing Service. Transactions where listing company represented both buyers and sellers are calculated as two sales. Some affiliations may not be applicable to certain geographic areas. If your property is currently listed with another broker, please disregard any solicitation for services. Copyright 2025 by the listing company. All Rights Reserved.
DISCLAIMER:/Information published or otherwise provided by seller, listing company or its representatives is deemed reliable but are not guaranteed and subject to errors, omissions, or changes without notice.
Last Agent to Sell the Property
Premier Estate Properties, Inc. License #SL-3430177 Listed on: 03/28/2023
Property Details
Home Type
- Condo-Op
Est. Annual Taxes
- $48,820
Year Built
- Built in 2003
Lot Details
- Lake Front
- Property fronts an intracoastal waterway
- East Facing Home
- Gated Home
Interior Spaces
- 4,035 Sq Ft Home
- Wet Bar
- Ceiling Fan
- Fireplace
- Dining Area
- Storage
- Utility Room
- Fire and Smoke Detector
Kitchen
- Double Convection Oven
- Electric 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
Parking
- Garage
- Parking Available
Eco-Friendly Details
- Non-Toxic Pest Control
Pool
- Pool and Spa
- Gas Heated Pool
- Outdoor Pool
Outdoor Features
- Docks
- Balcony
- Patio
- Lanai
Utilities
- Central Heating and Cooling System
- Cable TV Available
Listing and Financial Details
- Homestead Exemption
- Assessor Parcel Number 74434322340088030
Community Details
Overview
- Property has a Home Owners Association
- Association fees include common area, maintenance exterior, trash, pest control, sewer, water
- 48 Units
- One Watermark Pl Community
- On-Site Maintenance
- 13-Story Property
Amenities
- Doorman
- Common Area
- Lobby
- Elevator
Recreation
- Fitness Center
Pet Policy
- Pet Restriction
Security
- Security Guard
- Resident Manager or Management On Site
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Mar 28, 2023
Closed on
Mar 3, 2025
Sold by
Schur Marvin H and Schur Edith A
Bought by
Macklowe Barbara
Seller's Agent
Margit Brandt
Premier Estate Properties, Inc.
Buyer's Agent
Adam Levitt
The Corcoran Group
List Price
$8,999,000
Sold Price
$4,900,000
Premium/Discount to List
-$4,099,000
-45.55%
Views
78
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
$1,093,900
Avg. Annual Appreciation
49.63%
Purchase Details
Closed on
Jan 21, 2011
Sold by
Georgas Carr Laura and Declarati John William Georgas
Bought by
Schur Marvin H
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,500,000
Interest Rate
4.77%
Mortgage Type
New Conventional
Purchase Details
Closed on
Nov 19, 2003
Sold by
Kaicho Inc
Bought by
Georgas John William and John William Georgas Declaration Of Tr
Purchase Details
Closed on
May 22, 2003
Sold by
Wci Communities Inc
Bought by
Kaicho Inc
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,500,000
Interest Rate
3.75%
Mortgage Type
Purchase Money Mortgage
Similar Homes in West Palm Beach, FL
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Warranty Deed | $4,900,000 | None Listed On Document | |
| Warranty Deed | $4,900,000 | None Listed On Document | |
| Warranty Deed | $2,685,000 | Attorney | |
| Warranty Deed | -- | -- | |
| Special Warranty Deed | $1,900,000 | -- |
Source: Public Records
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Previous Owner | $5,560,000 | Stand Alone Second | |
| Previous Owner | $1,500,000 | New Conventional | |
| Previous Owner | $1,500,000 | Purchase Money Mortgage |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 03/03/2025 03/03/25 | Sold | $4,900,000 | 0.0% | $1,214 / Sq Ft |
| 01/27/2025 01/27/25 | Pending | -- | -- | -- |
| 01/07/2025 01/07/25 | Price Changed | $4,900,000 | -34.7% | $1,214 / Sq Ft |
| 10/02/2024 10/02/24 | Price Changed | $7,500,000 | -4.9% | $1,859 / Sq Ft |
| 07/23/2024 07/23/24 | Price Changed | $7,890,000 | -1.4% | $1,955 / Sq Ft |
| 05/08/2024 05/08/24 | Price Changed | $7,999,000 | -10.1% | $1,982 / Sq Ft |
| 12/15/2023 12/15/23 | Price Changed | $8,899,000 | -1.1% | $2,205 / Sq Ft |
| 12/15/2023 12/15/23 | Price Changed | $8,999,000 | 0.0% | $2,230 / Sq Ft |
| 03/28/2023 03/28/23 | For Sale | $8,999,000 | -- | $2,230 / Sq Ft |
Source: Palm Beach Board of REALTORS®
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 | $48,820 | $2,419,032 | -- | -- |
| 2023 | $47,720 | $2,348,575 | $0 | $0 |
| 2022 | $47,374 | $2,280,170 | $0 | $0 |
| 2021 | $47,423 | $2,213,757 | $0 | $0 |
| 2020 | $47,237 | $2,183,192 | $0 | $0 |
| 2019 | $46,594 | $2,134,108 | $0 | $0 |
| 2018 | $44,545 | $2,094,316 | $0 | $0 |
| 2017 | $44,215 | $2,051,240 | $0 | $0 |
| 2016 | $44,229 | $2,009,050 | $0 | $0 |
| 2015 | $45,137 | $1,995,084 | $0 | $0 |
| 2014 | $45,209 | $1,979,250 | $0 | $0 |
Source: Public Records
Agents Affiliated with this Home
-
Margit Brandt
M
Seller's Agent in 2025
Margit Brandt
Premier Estate Properties, Inc.
(561) 659-6400
1 in this area
53 Total Sales
-
Adam Levitt
A
Buyer's Agent in 2025
Adam Levitt
The Corcoran Group
(516) 659-9814
1 in this area
12 Total Sales
Map
Source: Palm Beach Board of REALTORS®
MLS Number: 23-566
APN: 74-43-43-22-34-008-8030
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