1355 S Flagler Drive 2203, West Palm Beach, FL 33401 — MLS photo

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1355 S Flagler Drive 2203, West Palm Beach, FL 33401

Active · Condominium

$28,450,000

1355 S Flagler Drive 2203, West Palm Beach, FL 33401

Beds
4
Baths
6
Living area
5,743 sq ft
$ / sq ft
$4,954/sq ft
Year built
2027
Lot size
134,767 sq ft
HOA fee
$12,692
Annual tax
—

About this property

South Tower Residence 2203 at South Flagler House captures the essence of waterfront living with 4 BR and 5.1 BA designed for elegance and ease. A private elevator opens to a sunlit great room with sweeping views of the Intracoastal, Palm Beach Island, and the Atlantic Ocean. The primary suite is a serene retreat with dual baths & dual walk-in closets. Thoughtfully designed for both comfort and entertaining, the residence features an eat-in kitchen, library/office, guest wing with its own private terrace, and expansive outdoor living that seamlessly blends with the interiors. South Flagler House, presented by Related Ross, combines the timeless style of Robert A.M. Stern Architects & the luxurious aesthetic of Pembrooke & Ives, resulting in soulful spaces designed for an enhanced lifestyle. Primely positioned on 3.4 acres along the Intracoastal Waterway at 1355 S Flagler Dr. South Flagler House features two 28-story structures with 105 beautifully appointed 2-to-5-bedroom homes. Representing the single largest amenity offering per residence in all of Palm Beach County. Residents will have access to lifestyle amenities of unprecedented range & quality, with on-site concierge services surpassing those of the most exclusive private members' clubs.

Property location

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1355 S Flagler Drive 2203, West Palm Beach, FL 33401

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Facts & features

Interior

Bedrooms
4
Bathrooms
6
Living area
5,743 sq ft

Exterior & Structure

Property type
Condominium
Year built
2027
Lot size
134,767 sq ft

Parking

Not provided in the MLS listing.

HOA, Community & Financials

Association fee
$12,692
County
Palm Beach
MLS listing ID
R11163511
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

-$129,484

Cap rate
0.2%
Net yield
0.2%
Cash-on-cash return
-19.5%
Gross yield
3.7%
Mortgage payment
$134,868/mo
Down payment
$7,112,500
Loan amount
$21,337,500
Annual NOI
$64,606

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