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$7,500,000

Beds
3
Baths
3.5
sq ft
4,035

622 N Flagler Drive Dr Unit 803, West Palm Beach, FL 33401

622 N Flagler Drive Dr Unit 803

West Palm Beach, FL 33401

  • 603 days on market
    • Price drop $390,000↓
Welcome to this beautiful 8th floor unit at One Watermark Place. This mansion in the sky boasts panoramic views of the ocean, Palm Beach Island, and the intracoastal. Imagine living at a full-service, gated and secure resort year-round - all just steps to the center of Palm Beach. This turn-key home offers 4,747 square feet of living space, 3 generous bedrooms, 3.5 bathrooms, and unparalleled outdoor space which features breathtaking and magical views of Palm Beach Island - as it is nestles scenically between the Intracoastal waterway and Atlantic Ocean. Watch the boats go by or admire the endless blue ocean, all from your private oasis at One Watermark Place. Your Palm Beach dream is closer than you think. Parking spaces #78 and #79. Storage locker #48.

Details

Property type

Condominium

Est. home value

$8,158,419

Lot size

Unknown

Price per sq ft

$1,859

Year built

2003

Annual property taxes

$47,720

HOA

Yes

Price History

10/02/2024
Beaches

Beaches #R10876816

Price change
$7,500,000
-4.94%
07/23/2024
Beaches

Beaches #R10876816

Price change
$7,890,000
-1.36%
05/08/2024
Beaches

Beaches #R10876816

Price change
$7,999,000
-10.11%

Schools & Community

Elementary school: 

Unknown

Middle school: 

Unknown

High school: 

Unknown

Community features: 

Pool, Gated

Number of units in community: 

48

Seller’s Loan History

Before you make an offer, understand who you are negotiating with so you can tailor your negotiation strategy to their situation.

Lender

Ervin H Picard Etal

Loan start date

October 2018

Original loan amount

$5,560,000

Est. remaining balance

Not provided

Interest rate

4.53%

Loan type

Stand Alone Second

Seller

Edith A Schur and Marvin H Schur

Lender

Jpmorgan Chase Bank Na

Loan start date

March 2011

Original loan amount

$1,500,000

Est. remaining balance

$1,063,543

Interest rate

4.71%

Loan type

New Conventional, 30 year

Seller

Marvin H Schur and Edith A Schur

Source: Public records data

If you're the owner, you can request to remove loan details. Email listingsupport@tomo.com

How insights can help you

Interest rate

If the seller has a low interest rate, they may be tempted to rent the property out if they can't get the price they have in mind.

Motivation

If the seller already got a job in a different city, they may feel pressure to sell quickly to free up cash for a new home.

Equity

If the seller stands to receive a large amount of cash when they sell the property, they might be willing to negotiate on the offer price.

Interested in learning more?

Status: Active

Tomo last checked: 11/19/2024 at 8:35 AM

Listing updated: 10/02/2024 at 4:06 PM

Listed by: Margit Brandt, Premier Estate Properties, Inc Phone #: (561) 655-5505

MLS: Beaches #R10876816

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