5200 N Flagler Drive N 905, West Palm Beach, FL 33407

New Listing

$550,000

Virtual Tour

https://www.propertypanorama.com/5200-N-Flagler-Drive-N-Unit-905-West-Palm-Beach-FL-33407/unbranded

Property Type: Residential Bedrooms: 2 Baths: 2 Square Footage: 1,436 Status: Active

Current Price: $550,000 List Date: 5/05/2026 Last Modified: 5/05/2026

Overview

Description

Stunning unit that has been completely renovated with fabulous waterviews! Amenities include a heated pool with a salt water system, sauna, tennis, pickelball, fitness center, fishing pier and a social room. Extensive renovations on building are nearly complete and all assessments will be paid in full at close. Placido Mar sits between two new construction projects with units starting at $3,000,000.00 and up, while having a larger lot and more waterfront than both projects. Furniture may be purchased for an additional $10,000.00.

Listing Details MLS# B26024554

General Property Information

Number Of Units In Community: 145
Total Units In Building: 145
Unit Floor #: 9
Property Sub Type: Condominium
Bedrooms Total: 2
Bathrooms Total: 2
Bathrooms Full: 2
Building Area Main: 1436
Building Area Source: Public Records
Living Area Main: 1235
Living Area Source: Appraiser
Accessibility Features YN: Yes
Year Built: 1974
Parking Total: 200
Gated Community YN: Yes
Senior Community YN: No
Guest House YN: No
Waterfront YN: Yes
Outdoor Living Spaces YN: Yes
Stories Total: 26
Stories: Yes
Direction Faces: Southeast
Fireplace YN: No
Pool Private YN: No
Spa YN: No
Furnished: Negotiable
Washer/Dryer Allowed YN: Yes
LP/Assessed Value: 2.16
Lot Size Area: 0

Property Features

Accessibility Features: Accessible Bedroom; Accessible Closets; Accessible Common Area; Accessible Elevator Installed; Accessible Hallway(s) Application Information: Personal Interview Required Association Fee Includes: Cable TV; Common Areas; Insurance; Maintenance Grounds; Trash; Water Dining Area: Dining/Living Room Exterior Features: Tennis Court(s) Flooring: Tile Parking Features: Asphalt; Assigned; Deeded; Guest; Open Property Condition: Resale Special Listing Conditions: Standard Appliances: Dishwasher; Disposal; Dryer; Electric Range; Microwave; Refrigerator; Washer Boat and Dock Features: Deeded Dock Construction Materials: CBS; Concrete Cooling: Central Air Association Type: Condominium Heating: Central Interior Features: Bedroom Layout - Split; Walk-In Closet(s) Laundry Features: Inside Levels: One Listing Terms: Cash; Conventional Main Living Area: Entry Level Pets Allowed YN: No Possession: Close Of Escrow Restrictions: Buyer Approval Required; Lease Restrictions Other Leasing Restrictions: Leasing Prohibited 1st 2 Years Roof: Flat Security Features: Closed Circuit Camera(s); Gated with Guard; Security Lights; Security System Sewer: Public Sewer Special Information: Sold As-Is Structure Type: Multi Family Tax Information: City/County Unit Description: Interior Hallway Utilities: Cable Connected; Electricity Connected; Phone Available; Sewer Available; Water Available; Underground Utilities View: Water Water Access: No Fixed Bridge; Ocean Access Water Source: Public Water View: Intracoastal; Ocean Waterfront Features: Intracoastal Showing Requirements: Call Listing Agent; Text Listing Agent Outdoor Living Spaces: Balcony Balcony Details: Balcony - Covered Room Types: Bedroom 2; Dining Room; Kitchen; Laundry; Living Room; Master Bedroom

Contract Information

Comp Sale YN: No
Original List Price: 550000
Negotiable Seller Concessions YN: No
Occupant Type: Owner
Occupant Name: Ali Reza Ghoreshi
Listing Service: Full Service
Seller Represented YN: Yes

Location and Legal

Country: United States
County Or Parish: Palm Beach
Street Number: 5200
Street Direction Prefix: N
Street Name: Flagler
Street Suffix: Drive
Street Direction Suffix: N
Unit Number: 905
Municipality Type: Incorporated
Municipal Code: 74
State Or Province: FL
Postal Code: 33407
Postal Code +4: 2778
Subdivision Name: PLACIDO MAR CONDO
Development Name: PLACIDO MAR
Area: 5420
Geographic Area: PB20
Elementary School: Northmore
Middle Or Junior School: John F. Kennedy (Palm Beach)
High School: Palm Beach Lakes
Special Assessment YN: No
Parcel Number: 74434304230009050
Subdivision Number: 23
Zoning: MF32 (city)
Flood Zone: AE,VE,X
Building Name: Placido Mar

Financial Information

Association YN: Yes
Association Deposit YN: No
Association Fee: 1527
Association Fee Frequency: Monthly
Association Membership: Mandatory
Association Reserves YN: Yes
Application Required YN: Yes
Association Name: Placido Mar
Association Phone: 561842-3233
Association Email: communications@mc.fsresidential.com
Master Association YN: No
Estimated Monthly Assoc Recurring Fee: 1527
Membership Fee Required YN: No
Tax Annual Amount: 5803.72
Tax Year: 2025
Tax Assessed/SOH Value: 254753
Tax Legal Description: PLACIDO MAR COND UNIT 905 -
Assessor Market Value: 315000

Status Change Information

Major Change Timestamp: 2026-05-05T19:13:30Z
Major Change Type: New Listing
Status Change Date: 2026-05-05

More Information

Application Fee Details

Application Fee Required: Yes
Application Fee: 100

Entry Information

Entry Level: Yes

Parking Information

Parking Space Number: 163

Boat and Dock Information

Dock: Available

Co-Ownership

Property Management YN: Yes
Property Management Name: FirstService Residential
Property Management Phone: (561) 842-3233
Property Management Email: communications@mc.fsresidential.com

Main Level Rooms

Main Level Bathrooms: 2
Main Level Bedrooms: 2

Leasing Restrictions

Leasing - Max Times Per Year: Yes
Leasing - Minimum Number of Days: 365

Showing Details

Pet(s) on Premises: No

Room Types

Bedroom 2 Level: First
Dining Room Level: First
Kitchen Level: First
Living Room Level: First
Master Bedroom Level: First
Bedroom 2: Yes
Dining Room: Yes
Kitchen: Yes
Laundry: Yes
Living Room: Yes
Master Bedroom: Yes

Price Calculations

Current Price To SqFt: 445.34

Originating Details

Originating System Key: 20260501165928020520000000
Originating System ID: M00000170

Office/Member Information

DXORIGMLSID: RML

Accessibility Features

Accessible Bedroom: Yes
Accessible Closets: Yes
Accessible Common Area: Yes
Accessible Elevator Installed: Yes
Accessible Hallway(s): Yes

Application Information

Personal Interview Required: Yes

Amenities

Billiard Room: Yes
Community Room: Yes
Elevator(s): Yes
Fitness Center: Yes
Library: Yes
Lobby: Yes
Management: Yes
Manager On Site: Yes
Parking: Yes
Picnic Area: Yes
Pool: Yes
Putting Green: Yes
Sauna: Yes
Shuffleboard Court: Yes
Storage: Yes
Tennis Court(s): Yes
Trash Chute: Yes

Association Fee Includes

Cable TV: Yes
Common Areas: Yes
Insurance: Yes
Maintenance Grounds: Yes
Sewer: Yes
Trash: Yes
Water: Yes

Dining Area

Dining/Living Room: Yes

Exterior Features

Tennis Court(s): Yes

Flooring

Tile: Yes

Parking Features

Asphalt: Yes
Assigned: Yes
Deeded: Yes
Guest: Yes
Open: Yes

Property Condition

Resale: Yes

Special Listing Conditions

Standard: Yes

Structure Type

Multi Family: Yes

Possession

Close Of Escrow: Yes

Sewer

Public Sewer: Yes

Special Information

Sold As-Is: Yes

Utilities

Cable Connected: Yes
Electricity Connected: Yes
Phone Available: Yes
Sewer Available: Yes
Water Available: Yes
Underground Utilities: Yes

View

Water: Yes

Heating

Central: Yes

Unit Description

Interior Hallway: Yes

Water Access

No Fixed Bridge: Yes
Ocean Access: Yes

Water View

Intracoastal: Yes
Ocean: Yes

Appliances

Dishwasher: Yes
Disposal: Yes
Dryer: Yes
Electric Range: Yes
Microwave: Yes
Refrigerator: Yes
Washer: Yes

Construction Materials

CBS: Yes
Concrete: Yes

Interior Features

Bedroom Layout - Split: Yes
Walk-In Closet(s): Yes

Laundry Features

Inside: Yes

Levels

One: Yes

Listing Terms

Cash: Yes
Conventional: Yes

Roof

Flat: Yes

Security Features

Closed Circuit Camera(s): Yes
Gated with Guard: Yes
Security Lights: Yes
Security System: Yes

Water Source

Public: Yes

Waterfront Features

Intracoastal: Yes

Boat and Dock Features

Deeded Dock: Yes

Cooling

Central Air: Yes

Association Type

Condominium: Yes

Showing Requirements

Call Listing Agent: Yes
Text Listing Agent: Yes

Main Living Area

Entry Level: Yes

Master Bedroom/Bath

Combo Tub/Shower: Yes

Pets Allowed YN

No: Yes

Restrictions

Buyer Approval Required: Yes
Lease Restrictions: Yes

Other Leasing Restrictions

Leasing Prohibited 1st 2 Years: Yes

Tax Information

City/County: Yes

Outdoor Living Spaces

Balcony: Yes

Balcony Details

Balcony - Covered: Yes

Room Information

Room Name	Length	Width	Level
Living Room	18.00	14.00	First
Dining Room	12.00	14.00	First
Kitchen	12.00	9.00	First
Master Bedroom	12.00	9.00	First
Bedroom 2	14.00	13.00	First
Laundry

Listing Office: United Realty Group Inc

Last Updated: May - 05 - 2026

This information is not verified for authenticity or accuracy and is not guaranteed and may not reflect all real estate activity in the market. Copyright 2026 Beaches Multiple Listing Service, Inc. All rights reserved. Information Not Guaranteed and Must Be Confirmed by End User. Site contains live data.

5200 N Flagler Drive N 905, West Palm Beach, FL 33407 (MLS# B26024554)