NOT LISTED FOR SALE

622 N Flagler Dr Unit 903 West Palm Beach, FL 33401

Downtown West Palm Beach Neighborhood

Estimated Value: $4,640,000 - $8,991,000

3 Beds
3 Baths
4,035 Sq Ft
$1,664/Sq Ft Est. Value

Last Sold March 24, 2015

Last sale price $3,384,000 $839 Per Sq Ft

Est. 98% increase in value since last sale

Current estimated payment $47,701/month

10 Days on Market

Highlights

  • Doorman
  • Fitness Center
  • Marble Flooring
  • Lake Front
  • Pool and Spa
  • 5-minute walk to Flagler Park

About This Home

As of March 2015

Stunning designer residence in finest luxury building. Private elevator lobby, stunning marble floors inlaid with wood, spectacular ceiling treatments, and beautiful wood built-ins thru-out. A must see unit. Great entertaining spaces, gourmet kitchen with gas cooktop, library, family room with fireplace, large patio and beautiful water views of the Atlantic Ocean & Intracoastal Waterway. One Watermark Place has a guard gated entry, valet parking, concierge style services, pool, fitness center, sauna, theater, party rooms and Board room. Only 48 residence in this luxury building.

Last Agent to Sell the Property

Barbara Martineau Rosenthal

BARBARA MARTINEAU ROSENTHAL, INC. License #BK-490132 Listed on: 01/27/2015

Last Buyer's Agent

CONNIE STEIN

MARTHA A. GOTTFRIED, INC. 0200

Property Details

Home Type

  • Condo-Op

Est. Annual Taxes

  • $44,920

Year Built

  • Built in 2003

Lot Details

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

HOA Fees

  • $3,569 Monthly HOA Fees

Parking

  • 2 Car Garage

Interior Spaces

  • 4,035 Sq Ft Home
  • Wet Bar
  • Fireplace
  • Window Treatments
  • Dining Area
  • Library
  • Storage
  • Utility Room
  • Home Gym
  • Fire and Smoke Detector

Kitchen

  • Double Oven
  • Gas Range
  • Microwave
  • Ice Maker
  • Dishwasher
  • Wine Refrigerator
  • Disposal

Flooring

  • Wood
  • Stone
  • Marble

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 3 Bathrooms

Laundry

  • Laundry in unit
  • Dryer
  • Washer

Pool

  • Pool and Spa
  • Gas Heated Pool
  • Outdoor Pool

Utilities

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

Additional Features

  • Non-Toxic Pest Control
  • Balcony

Listing and Financial Details

  • Homestead Exemption
  • Assessor Parcel Number 74434322340099030

Community Details

Overview

  • Association fees include insurance, cable TV, common area, maintenance exterior, trash, pest control, sewer, water, (see remarks)
  • 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
  • Pet Restriction

Security

  • Security Guard
  • Resident Manager or Management On Site

Property Details

Home Type

Condo-Op

Est. Annual Taxes

$44,920

Year Built

Built in 2003

Lot Details

0

HOA Fees

$3,569 per month

Listing Details

  • Property Sub Type: Condominium
  • Prop. Type: Condo/Co-Op
  • Directions: East on Okeechobee Blvd to Flagler Drive, North on Flagler, just past next bridge, the Flagler Memorial Bridge, building immediately past Bridge on Right
  • Building Name: One Watermark Pl
  • Year Built: 2003
  • Location Tax Legal:Name of Building: One Watermark Pl
  • Location Tax Legal:Zoned: RD-1
  • Location Tax Legal:Homestead Exempt: Yes
  • Location Tax Legal:Taxes2: 44920.0
  • Location Tax Legal:Tax Year2: 2014
  • General Property Description:Living Area: 4035.0
  • General Property Description:Pool: No
  • General Property Description:Waterfront: Yes
  • General Property Description:Maintenance Amount: 10708.0
  • 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
  • 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:Pest Control: Yes
  • Maintenance Includes:Sewer2: Yes
  • Maintenance Includes:Water2: Yes
  • Pool:Heated - Gas: Yes
  • Floors:Hardwood: Yes
  • Floors:Marble: 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
  • Pets:Pet Type: Both
  • Maintenance Includes:Cable TV: Yes
  • Waterfront-Building:Intracoastal-Direct2: Yes
  • Waterfront-Building:Lakefront2: Yes
  • Floors:StoneBrick: Yes
  • Waterfront-Unit:Intracoastal-Direct3: Yes
  • Pets:Weight Restrictions: No Restrictions
  • Waterfront-Unit:Lakefront3: Yes
  • Special Features: None

Interior Features

  • Appliances: Dishwasher, Disposal, Refrigerator, Refrigerator-Wine, Ice Maker, Oven-Double, Microwave, Washer, Dryer, Range - Gas
  • Half Bathrooms: 1
  • Total Bedrooms: 3
  • Flooring: Hardwood, Marble, Stone/Brick
  • Interior Amenities: Fireplace, Storage, Wet Bar, Wndw Trmnts Included, Smoke Alarms, Pantry
  • Living Area: 4035.0
  • Stories: 15
  • Interior Features:Smoke Alarms: Yes
  • Interior Features:Storage: Yes
  • Interior Features:Wndw Trmnts Included: Yes
  • Other Rooms:Pantry: Yes
  • Other Rooms:Utility Room: Yes
  • Other Rooms:LibraryDen: Yes
  • Appliances Dishwasher: Yes
  • Appliances:Refrigerator-Wine: Yes
  • Appliances:Ice Maker: Yes
  • Interior Features:Fireplace: Yes
  • Appliances:Oven-Double: Yes
  • Other Rooms:Dining Area: Yes
  • Interior Features:Wet Bar: Yes
  • Appliances:Range-Gas: Yes

Exterior Features

  • Pool Features: Pool, Spa, Heated Gas
  • Pool Private: No
  • Waterfront Features: Lake Front
  • Waterfront: Yes
  • Exterior Features: Balcony, Elevator, Exercise Room, Lobby, Other (See Remarks)
  • Exterior Features:Balcony: Yes
  • Exterior Features:Elevator2: Yes
  • Exterior Features:Exercise Room2: Yes
  • Exterior Features:Lobby: Yes
  • Pool/Spa: Yes
  • Exterior Features:Other (See Remarks)7: Yes

Garage/Parking

  • Parking:Garage2: Yes
  • Parking:_two_ Car2: Yes
  • Parking:Other2: Yes

Utilities

  • Laundry Features: Laundry in Unit, Other (See Remarks)
  • Security: Gate House, 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, Other Services
  • Association: Yes

Association/Amenities

  • Restrictions:Condo Association: Yes

Fee Information

  • Association Fee Includes: Insurance, Cable TV, Common Area, Maintenance Exterior, Trash, Pest Control, Sewer, Water, Other (See Remarks)

Lot Info

  • Development Status: Land Owned
  • Parcel #: 74434322340099030
  • Zoning: RD-1

Rental Info

  • Pets Other: Some Limitations

Multi Family

  • Number Of Units Total: 48
  • Maintenance Expense: 10708.0

Tax Info

  • Tax Annual Amount: 44920.0
  • Tax Year: 2014

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 27, 2015
Closed on
Mar 24, 2015
Sold by
Sakolsky Carolyn A and Carolyn A Sakolsky Living Trus
Bought by
Epstein Robert S
Seller's Agent
Barbara Martineau Rosenthal
BARBARA MARTINEAU ROSENTHAL, INC.
Buyer's Agent
CONNIE STEIN
MARTHA A. GOTTFRIED, INC. 0200
List Price
$3,384,000
Sold Price
$3,384,000
Current Estimated Value
$6,715,091

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$3,331,091
Avg. Annual Appreciation
6.82%

Purchase Details

Listed on
Aug 19, 2010
Closed on
Apr 25, 2012
Sold by
Fong Henry and Knight Mary Virginia
Bought by
Sakolsky Carolyn A and Carolyn A Sakolsky Living Trust
Seller's Agent
ELAINE EDWARDS
Brown Harris Stevens of Palm Beach 0039
Buyer's Agent
BARBARA ROSENTHAL
Unknown Office Name: 0370
List Price
$2,247,000
Sold Price
$2,247,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
15.11%

Purchase Details

Closed on
Jan 25, 2012
Sold by
Fong Henry B and Knight Mary Virginia
Bought by
Fong Henry

Purchase Details

Closed on
Jun 6, 2003
Sold by
Wci Communities Inc
Bought by
Fong Henry

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,470,000
Interest Rate
5.68%
Mortgage Type
Purchase Money Mortgage
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 Buyer Sale Price Title Company
Epstein Robert S $3,384,000 None Available
Sakolsky Carolyn A $2,247,000 Attorney
Fong Henry -- Attorney
Fong Henry $2,100,000 First Fidelity Title Inc
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Fong Henry $1,470,000
Closed Fong Henry $1,100,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/24/2015 03/24/15 Sold $3,384,000 0.0% $839 / Sq Ft
02/06/2015 02/06/15 Pending -- -- --
01/27/2015 01/27/15 For Sale $3,384,000 +50.6% $839 / Sq Ft
04/25/2012 04/25/12 Sold $2,247,000 0.0% $557 / Sq Ft
04/02/2012 04/02/12 Pending -- -- --
08/19/2010 08/19/10 For Sale $2,247,000 -- $557 / 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 $104,034 $4,538,710 -- --
2023 $102,798 $4,126,100 $0 $0
2022 $89,713 $3,751,000 $0 $0
2021 $74,628 $3,450,000 $0 $3,450,000
2020 $68,303 $3,100,000 $0 $3,100,000
2019 $67,984 $3,250,000 $0 $3,250,000
2018 $60,135 $2,950,000 $0 $2,950,000
2017 $53,895 $2,450,000 $0 $0
2016 $64,031 $2,850,000 $0 $0
2015 $44,849 $1,983,063 $0 $0
2014 $44,920 $1,967,324 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • B

    Seller's Agent in 2015

    Barbara Martineau Rosenthal

    BARBARA MARTINEAU ROSENTHAL, INC.

    Section Image

  • C

    Buyer's Agent in 2015

    CONNIE STEIN

    MARTHA A. GOTTFRIED, INC. 0200

  • C

    Buyer's Agent in 2015

    Constance Stein

    William Raveis Real Estate

    (561) 655-6570

    4 Total Sales

    Constance Stein
    Section Image

  • E

    Seller's Agent in 2012

    ELAINE EDWARDS

    Brown Harris Stevens of Palm Beach 0039

  • N

    Seller Co-Listing Agent in 2012

    NA NA

    NA

  • B

    Buyer's Agent in 2012

    BARBARA ROSENTHAL

    Unknown Office Name: 0370

See All Agents

Map

Source: Palm Beach Board of REALTORS®

MLS Number: 15-221

APN: 74-43-43-22-34-009-9030

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

622 N Flagler Dr Unit 903, West Palm Beach, FL

This home is located at 622 N Flagler Dr Unit 903, West Palm Beach, FL 33401 since 27 January 2015 and is currently estimated at $6,715,091, approximately $1,664 per square foot. This property was built in 2003. 622 N Flagler Dr Unit 903 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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