OPEN SAT 10:30AM - 1:30PM
$24K PRICE DROP
Placido Mar Condominiums 5200 N Flagler Dr Unit 1404 West Palm Beach, FL 33407
Northwood Harbor NeighborhoodEstimated payment $5,371/month
Total Views
6,071
2
Beds
2
Baths
1,235
Sq Ft
$474
Price per Sq Ft
Highlights
- Property fronts an intracoastal waterway
- Gated Community
- Sauna
- Fitness Center
- Clubhouse
- 3-minute walk to Osprey Park
About This Home
Wake up to million-dollar views of the intracoastal and ocean, at nearly half the price. Fully renovated in late 2024, this 2-bed, 2-bath condo features an open-concept kitchen with quartz countertops, soft-close cabinets, stainless steel appliances, panoramic water and city views. Sleek tile flooring throughout offers a modern, low-maintenance aesthetic, the bathrooms include walk-in showers with seamless glass enclosures.Balcony access from the living room and both bedrooms provides unobstructed views and a refreshing cross breeze. With concrete restoration and new balcony floors nearing completion, the building offers enhanced structural integrity and a higher value. Neighboring luxury condo is priced at four times the cost, making this an unparalleled opportunity for appreciation.
Open House Schedule
-
Saturday, April 26, 202510:30 am to 1:30 pm4/26/2025 10:30:00 AM +00:004/26/2025 1:30:00 PM +00:00Mention Mika Patel and the unit # at the GateAdd to Calendar
Property Details
Home Type
- Condominium
Est. Annual Taxes
- $6,915
Year Built
- Built in 1974
Lot Details
HOA Fees
- $1,530 Monthly HOA Fees
Parking
- Assigned Parking
Interior Spaces
- 1,235 Sq Ft Home
- Tile Flooring
Kitchen
- Electric Range
- Microwave
- Dishwasher
- Disposal
Bedrooms and Bathrooms
- 2 Bedrooms
- Split Bedroom Floorplan
- Walk-In Closet
- 2 Full Bathrooms
Laundry
- Laundry Room
- Washer and Dryer
Utilities
- Central Heating and Cooling System
- Electric Water Heater
- Municipal Trash
Listing and Financial Details
- Assessor Parcel Number 74434304230011404
- Seller Considering Concessions
Community Details
Overview
- Association fees include management, common areas, cable TV, insurance, ground maintenance, maintenance structure, pool(s), reserve fund, roof, security, trash, water
- Placido Mar Condo Subdivision
- 26-Story Property
Amenities
- Clubhouse
- Community Library
- Elevator
Recreation
- Shuffleboard Court
- Park
Security
- Resident Manager or Management On Site
- Gated Community
Map
About Placido Mar Condominiums
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Home Values in the Area
Average Home Value in this Area
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 | $6,915 | $313,632 | -- | -- |
| 2023 | $6,561 | $285,120 | $0 | $0 |
| 2022 | $5,664 | $259,200 | $0 | $0 |
| 2021 | $4,502 | $198,000 | $0 | $198,000 |
| 2020 | $4,325 | $188,000 | $0 | $188,000 |
| 2019 | $4,082 | $178,000 | $0 | $178,000 |
| 2018 | $3,567 | $158,000 | $0 | $158,000 |
| 2017 | $3,927 | $183,000 | $0 | $0 |
| 2016 | $3,705 | $153,670 | $0 | $0 |
| 2015 | $3,479 | $139,700 | $0 | $0 |
| 2014 | $3,080 | $127,000 | $0 | $0 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 04/04/2025 04/04/25 | Price Changed | $585,000 | -3.9% | $474 / Sq Ft |
| 01/03/2025 01/03/25 | For Sale | $609,000 | +108.6% | $493 / Sq Ft |
| 10/25/2021 10/25/21 | Sold | $292,000 | -8.5% | $234 / Sq Ft |
| 09/25/2021 09/25/21 | Pending | -- | -- | -- |
| 08/03/2021 08/03/21 | For Sale | $319,000 | 0.0% | $255 / Sq Ft |
| 10/21/2016 10/21/16 | Rented | $1,650 | -5.7% | -- |
| 09/21/2016 09/21/16 | Under Contract | -- | -- | -- |
| 08/03/2016 08/03/16 | For Rent | $1,750 | 0.0% | -- |
| 06/24/2013 06/24/13 | Sold | $142,000 | -25.2% | $114 / Sq Ft |
| 05/25/2013 05/25/13 | Pending | -- | -- | -- |
| 08/07/2012 08/07/12 | For Sale | $189,900 | -- | $152 / Sq Ft |
Source: BeachesMLS
Deed History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Warranty Deed | $292,000 | First American Title Ins Co | |
| Warranty Deed | $142,000 | Sage Title & Escrow | |
| Interfamily Deed Transfer | $86,500 | None Available | |
| Deed | $247,000 | Universal Land Title Inc | |
| Warranty Deed | $182,500 | Sunbelt Title Agency |
Source: Public Records
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $232,000 | New Conventional | |
| Previous Owner | $120,700 | New Conventional | |
| Previous Owner | $30,000 | Credit Line Revolving | |
| Previous Owner | $180,000 | Purchase Money Mortgage |
Source: Public Records
Similar Homes in West Palm Beach, FL
Source: BeachesMLS
MLS Number: R11048832
APN: 74-43-43-04-23-001-1404
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