The Plaza of the Palm Beaches 525 S Flagler Dr Unit Ph3ab West Palm Beach, FL 33401
Downtown West Palm Beach NeighborhoodEstimated payment $54,024/month
Total Views
1,829
3
Beds
5
Baths
4,018
Sq Ft
$1,867
Price per Sq Ft
Highlights
- Doorman
- Fitness Center
- Vaulted Ceiling
- Property fronts an intracoastal waterway
- Gated with Attendant
- 2-minute walk to South Cove Natural Area
About This Home
BRAND NEW PENTHOUSE representing the epitome of modern luxury! Every detail is pristine, boasting breathtaking panoramic views, 3-beds + office, 3-baths, 2 powder rooms, and a suite of high-end features. Designer kitchen features Gaggenau & Miele appliances, Waterworks faucets and Lutron control/shade system throughout-- this residence offers an unparalleled level of sophistication. Primary suite has dual mammoth sized dressing rooms/custom closets. Renovations extend to new A/C, plumbing, electrical, element lighting, CAT6 (wiring throughout), plus much more. Includes deeded Cabana with full bath. The Plaza offers amazing amenities and first-class staff including 24-hour valet,concierge,security, impressive fitness center,sauna,tennis/pickleball courts,2 pools...
Property Details
Home Type
- Condominium
Est. Annual Taxes
- $74,119
Year Built
- Built in 1986
Lot Details
HOA Fees
- $5,987 Monthly HOA Fees
Parking
- Over 1 Space Per Unit
- Guest Parking
Interior Spaces
- 4,018 Sq Ft Home
- Vaulted Ceiling
- Entrance Foyer
- Family Room
- Open Floorplan
- Den
- Closed Circuit Camera
Kitchen
- Breakfast Area or Nook
- Eat-In Kitchen
- Built-In Oven
- Electric Range
- Microwave
- Dishwasher
- Disposal
Bedrooms and Bathrooms
- 3 Bedrooms
- Split Bedroom Floorplan
- Closet Cabinetry
- Walk-In Closet
- Dual Sinks
- Separate Shower in Primary Bathroom
Laundry
- Laundry Room
- Washer and Dryer
Outdoor Features
- Open Patio
Utilities
- Central Heating and Cooling System
- Electric Water Heater
- Municipal Trash
- Cable TV Available
Listing and Financial Details
- Assessor Parcel Number 74434322250003201
Community Details
Overview
- Association fees include management, common areas, insurance, maintenance structure, parking, pest control, pool(s), roof, sewer, security, trash, water
- Plaza Of The Palm Beaches Subdivision
- 33-Story Property
Amenities
- Doorman
- Elevator
- Community Storage Space
Recreation
Pet Policy
- Pets Allowed
Security
- Gated with Attendant
- Resident Manager or Management On Site
- Impact Glass
- Fire and Smoke Detector
Map
About The Plaza of the Palm Beaches
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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 | $74,119 | $3,450,000 | -- | -- |
| 2023 | $80,020 | $3,700,000 | $0 | $3,700,000 |
| 2022 | $80,210 | $3,627,000 | $0 | $0 |
| 2021 | $56,494 | $2,475,000 | $0 | $2,475,000 |
| 2020 | $59,114 | $2,565,000 | $0 | $2,565,000 |
| 2019 | $61,847 | $2,550,000 | $0 | $2,550,000 |
| 2018 | $55,608 | $2,450,000 | $0 | $2,450,000 |
| 2017 | $46,560 | $2,325,000 | $0 | $0 |
| 2016 | $40,529 | $1,725,000 | $0 | $0 |
| 2015 | $20,369 | $884,176 | $0 | $0 |
| 2014 | $20,390 | $877,159 | $0 | $0 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 04/15/2025 04/15/25 | Price Changed | $7,500,000 | -15.7% | $1,867 / Sq Ft |
| 04/07/2025 04/07/25 | For Sale | $8,900,000 | +147.2% | $2,215 / Sq Ft |
| 06/17/2021 06/17/21 | Sold | $3,600,000 | -7.7% | $896 / Sq Ft |
| 05/18/2021 05/18/21 | Pending | -- | -- | -- |
| 12/23/2020 12/23/20 | For Sale | $3,900,000 | +11.4% | $971 / Sq Ft |
| 11/17/2017 11/17/17 | Sold | $3,500,000 | 0.0% | $871 / Sq Ft |
| 11/17/2017 11/17/17 | Sold | $3,500,000 | 0.0% | $871 / Sq Ft |
| 10/20/2017 10/20/17 | Pending | -- | -- | -- |
| 10/18/2017 10/18/17 | Pending | -- | -- | -- |
| 04/11/2017 04/11/17 | For Sale | $3,500,000 | -16.7% | $871 / Sq Ft |
| 03/14/2016 03/14/16 | For Sale | $4,200,000 | -- | $1,045 / Sq Ft |
Source: BeachesMLS
Deed History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Warranty Deed | $3,600,000 | Attorney | |
| Deed | $3,500,000 | Attorney | |
| Warranty Deed | $2,750,000 | Attorney | |
| Warranty Deed | $840,000 | -- | |
| Warranty Deed | $800,000 | -- |
Source: Public Records
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $13,000,000 | New Conventional | |
| Closed | $2,160,000 | Stand Alone Second | |
| Previous Owner | $3,150,000 | Adjustable Rate Mortgage/ARM |
Source: Public Records
Similar Homes in West Palm Beach, FL
Source: BeachesMLS
MLS Number: R11079097
APN: 74-43-43-22-25-000-3201
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