529 S Flagler Drive Th3g, West Palm Beach, FL 33401 — MLS photo

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529 S Flagler Drive Th3g, West Palm Beach, FL 33401

Active · Condominium

$2,495,000

529 S Flagler Drive Th3g, West Palm Beach, FL 33401

Beds
2
Baths
3
Living area
2,560 sq ft
$ / sq ft
$975/sq ft
Year built
1986
Lot size
—
HOA fee
$3,956 Monthly
Annual tax
$17,605

About this property

Lovely water views from this elegantly updated one-story townhouse with over 3,325 total sq. ft., (2,560 sq. ft., of living space under air), two large East and West facing terraces, perfect for entertaining. Gourmet kitchen with moveable island, pantry and abundant storage, 40 bottle wine cooler, wine rack, plus areas for spirits and glasses. Updated living and dining rooms with new lighting, new fire sprinklers, new electric outlet, new electric switches, new solid wood doors and hardware, new A/C with UV filter, new ceiling vents for A/C. Master suite includes walk in dressing room, large master bath with soaking tub, large shower, linen closet, and toilet closet. Guest bedroom has an ensuite bath. This lovely home also features a den, office, laundry room and powder room. Lives like a house but with the amenities of a condo. East and West exposures. Outdoor balcony offers exceptional living/dining space and water views. Full service, luxury building with 24-hour security, valet parking, concierge, two swimming pools, fitness room, conference room, and tennis court with pickleball. Pet friendly. The building has passed their Milestone Inspection as an "A" Rated Structurally Sound Building. New balcony and pool area renderings provided by The Plaza of the Palm Beaches. Along with the balcony railing and east pool projects a Four Seasons and Ritz-Carlton interior designer has been engaged to refresh the mezzanine, grand lobby, and other common areas.

Property location

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529 S Flagler Drive Th3g, West Palm Beach, FL 33401

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Facts & features

Interior

Bedrooms
2
Bathrooms
3
Living area
2,560 sq ft
Flooring
Marble, Other
Appliances
Dryer, Dishwasher, Electric Range, Electric Water Heater, Microwave, Refrigerator, Washer
Cooling
Central Air
Heating
Central
Interior features
Breakfast Area, Bathtub, Eat In Kitchen, Family Dining Room, Shower Only, Walk In Closets, Pantry
Furnished
Unfurnished

Exterior & Structure

Property type
Condominium
Year built
1986
Stories
32
Roof
Other
Construction
CBSConcrete Block Structure, Block
Exterior features
Balcony, Patio, Tennis Courts, Storm Security Shutters
Pool
Concrete, None, Association, Community
Spa
Community
Waterfront
Intracoastal Access
View
Intercoastal

Parking

Garage spaces
1
Covered spaces
1
Parking features
Assigned, Garage, One Space

HOA, Community & Financials

Association fee
$3,956 Monthly
Fee inclusions
Insurance, Pest Control, Security, Trash, Water
Amenities
Bike Storage, Elevators, Fitness Center, Management, Pool, Guard, Sauna, Spa Hot Tub, Security, Tennis Courts, Trash
Security
Door Man, Gated With Guard, Lobby Secured, Smoke Detectors, Security Guard
Pets allowed
No
Annual tax
$17,605
Subdivision
PLAZA OF THE PALM BEACHES
County
Palm Beach
Days on market
700
MLS listing ID
R11038205
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

-$8,384

Cap rate
1.7%
Net yield
1.7%
Cash-on-cash return
-14.4%
Gross yield
5.5%
Mortgage payment
$11,828/mo
Down payment
$623,750
Loan amount
$1,871,250
Annual NOI
$41,323

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