529 S Flagler Drive Th3e, West Palm Beach, FL 33401 — MLS photo

Get More Info About This Property

529 S Flagler Drive Th3e, West Palm Beach, FL 33401

Active · Condominium

$6,450,000

529 S Flagler Drive Th3e, West Palm Beach, FL 33401

Beds
4
Baths
7
Living area
6,500 sq ft
$ / sq ft
$992/sq ft
Year built
1986
Lot size
—
HOA fee
$11,485 Monthly
Annual tax
$67,677

About this property

Direct intracoastal views across all 3 levels & impressive 47-foot flow through on the main floor. An art Collectors dream home! 6,400+ interior square foot under air + with an additional 2,000 square feet of terrace and balcony space perfect for entertaining. The unit features a striking 3-story 29' high atrium w/ floating stairs made of leathered black granite slab. Private custom internal 3-story elevator. Modern architecture w/ frameless doors, 64'' Italian porcelain tile (all 3 levels), and custom cove ceilings for an added layer of sophistication. 5-BR, 6-BA, & 3 powder rooms, including the primary suite w/ dual onyx slab baths & custom closets. Kitchen includes Gaggenau (400 series) refrigerator, cooktop, grill, ovens, coffee machine & microwave, Miele dishwasher, Sub Zero with freezer drawers & 2 wine column refrigerators. Also features new floor-to-ceiling custom bronze-framed impact glass windows, increased window heights & widths on all floors, Lutron HomeWorks lighting, and automated recessed shades. This residence is also equipped w/ built-in sound system speakers throughout, wired movie room & wired TV wall locations. Separate service entrance & half bath. The Plaza of the Palm Beaches is a 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. Easy distance to all that the area has to offer: shops, restaurants, CityPlace (Rosemary Square), Kravis Center and Norton Museum of Art, ocean beaches and Palm Beach nightlife. Call today to preview this move-in ready residence in the best location along Flagler Drive. A must see. 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

Get Directions

529 S Flagler Drive Th3e, West Palm Beach, FL 33401

Loading property location…

Facts & features

Interior

Bedrooms
4
Bathrooms
7
Living area
6,500 sq ft
Flooring
Carpet, Other
Appliances
Built In Oven, Dryer, Dishwasher, Electric Range, Electric Water Heater, Freezer, Disposal, Ice Maker, Microwave, Refrigerator, Self Cleaning Oven, Washer
Cooling
Central Air, Zoned
Heating
Central, Zoned
Interior features
Wet Bar, Breakfast Bar, Bidet, Built In Features, Breakfast Area, Bathtub, Closet Cabinetry, Dining Area, Separate Formal Dining Room, Dual Sinks, Eat In Kitchen, High Ceilings, Kitchen Island, Custom Mirrors, Sitting Area In Primary, Split Bedrooms, Shower Only, Upper Level Primary, Vaulted Ceilings, Bar, Walk In Closets
Furnished
Unfurnished

Exterior & Structure

Property type
Condominium
Year built
1986
Stories
33
Architectural style
Other, Split Level
Roof
Other
Construction
CBSConcrete Block Structure, Block
Exterior features
Balcony, Patio
Pool
None, Association, Community
Waterfront
Intracoastal Access
View
Intercoastal, Lake, Other, Water

Parking

Garage spaces
2
Covered spaces
2
Parking features
Assigned, Covered, Garage, Two Or More Spaces

HOA, Community & Financials

Association fee
$11,485 Monthly
Fee inclusions
Common Area Maintenance, Cable Tv, Insurance, Parking, Pest Control, Sewer, Security, Trash, Water
Amenities
Clubhouse, Fitness Center, Management, Pool, Guard, Security, Storage, Tennis Courts, Trails, Trash, Elevators
Security
Closed Circuit Cameras, Door Man, Gated With Guard, Lobby Secured, Security System, Fire Sprinkler System, Smoke Detectors, Security Guard
Pets allowed
No
Annual tax
$67,677
Subdivision
PLAZA OF THE PALM BEACHES
County
Palm Beach
Days on market
466
MLS listing ID
R11106815
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

-$24,969

Cap rate
1.0%
Net yield
1.0%
Cash-on-cash return
-16.6%
Gross yield
5.5%
Mortgage payment
$30,576/mo
Down payment
$1,612,500
Loan amount
$4,837,500
Annual NOI
$67,283

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