1333 S Flagler Drive Penthouse, West Palm Beach, FL 33401 — MLS photo

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1333 S Flagler Drive Penthouse, West Palm Beach, FL 33401

Active · Condominium

$47,500,000

1333 S Flagler Drive Penthouse, West Palm Beach, FL 33401

Beds
5
Baths
7
Living area
9,040 sq ft
$ / sq ft
$5,254/sq ft
Year built
2024
Lot size
—
HOA fee
—
Annual tax
$267,829

About this property

Spectacular Waterfront One-of-a-Kind Penthouse Condominium designed by Jean-Louis Deniot - Two full floors of customizable perfection, soaring ceilings, and walls of glass revealing sweeping views of the Intracoastal, Atlantic Ocean, Palm Beach Island, and West Palm Beach from every principal room. Top floor features private rooftop swimming pool, 360-degree wraparound balcony, fabulous outdoor kitchen, and cabana bath with dressing area, steam shower, and sauna. With 18,000+/- square feet of indoor and outdoor living space, this extravagant, designer-ready Penthouse is primed for interior customization. The first-floor features 9,000+/- indoor square footage with an additional 1,800+/- square feet of outdoor living and dining areas. A sculptured staircase connects the two floors, along with a private elevator. Custom interior allows for the option of 4 to 8 bedrooms and a variety of designs. The iconic new Forté on Flagler building will feature three full floors of opulent amenities. Fantastic downtown location just blocks from CityPlace, Palm Beach Island, and so many shops and restaurants.

Property location

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1333 S Flagler Drive Penthouse, West Palm Beach, FL 33401

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Facts & features

Interior

Bedrooms
5
Bathrooms
7
Living area
9,040 sq ft
Flooring
Other
Appliances
Washer
Cooling
Central Air
Heating
Central
Interior features
Bedroom On Main Level, Main Level Primary, Elevator
Furnished
Unfurnished

Exterior & Structure

Property type
Condominium
Year built
2024
Stories
25
Architectural style
Penthouse, Split Level
Construction
Block
Exterior features
Balcony, Porch
Pool
Heated, Outside Bath Access, Pool
Waterfront
Intracoastal Access
View
Intercoastal, Ocean

Parking

Garage spaces
5
Covered spaces
5
Parking features
Garage, Two Or More Spaces

HOA, Community & Financials

Fee inclusions
Common Area Maintenance, Insurance, Recreation Facilities, Security
Amenities
Business Center, Fitness Center, Management, Pool, Elevators
Security
Door Man, Lobby Secured, Security Guard, Fire Sprinkler System
Pets allowed
No, Yes
Annual tax
$267,829
Subdivision
Forte Residences, A Condom
County
Palm Beach
Days on market
706
MLS listing ID
R11036093
Listing status
Active

Investment intelligence

Yield & ROI calculator

Pre-filled from this listing's price, HOA and tax record. Adjust anything to see returns update instantly.

Estimated monthly cash flow

-$142,994

Cap rate
2.1%
Net yield
2.1%
Cash-on-cash return
-12.9%
Gross yield
3.7%
Mortgage payment
$225,174/mo
Down payment
$11,875,000
Loan amount
$35,625,000
Annual NOI
$986,159

Estimates only — includes 5% maintenance reserve and ~3% closing costs in cash invested. Verify taxes, HOA and insurance before making an offer.