$550,000
West Palm Beach, FL 33407
MLS# B26024554
Status: Pending
2 beds | 2 baths | 1436 sqft
1 / 37
Property Description
Stunning unit that has been completely renovated with fabulous waterviews! Amenities include a heated pool with a salt water system, sauna, tennis, pickelball, fitness center, fishing pier and a social room. Extensive renovations on building are nearly complete and all assessments will be paid in full at close. Placido Mar sits between two new construction projects with units starting at $3,000,000.00 and up, while having a larger lot and more waterfront than both projects. Furniture may be purchased for an additional $10,000.00.
Details
Maps
Contract Information
Comp Sale YN: No
Negotiable Seller Concessions YN: No
Occupant Type: Owner
Seller Represented YN: Yes
Listing Date: 2026-05-04
Status: Pending
Original List Price: 550000
List Price: $550,000
Current Price: $550,000
Occupant Name: Ali Reza Ghoreshi
Listing Service: Full Service
Location and Legal
County Or Parish: Palm Beach
Municipality Type: Incorporated
Municipal Code: 74
Development Name: PLACIDO MAR
Geographic Area: PB20
Subdivision Number: 23
Special Assessment YN: No
Flood Zone: AE,VE,X
Building Name: Placido Mar
Country: United States
Street Number: 5200
Street Direction Prefix: N
Street Name: Flagler
Street Suffix: Drive
Street Direction Suffix: N
Unit Number: 905
State Or Province: FL
Postal Code: 33407
Postal Code +4: 2778
Subdivision Name: PLACIDO MAR CONDO
Area: 5420
Elementary School: Northmore
Middle Or Junior School: John F. Kennedy (Palm Beach)
High School: Palm Beach Lakes
Parcel Number: 74434304230009050
Zoning: MF32 (city)
General Property Information
Number Of Units In Community: 145
Total Units In Building: 145
Unit Floor #: 9
Living Area Main: 1235
Living Area Source: Appraiser
Accessibility Features YN: Yes
Gated Community YN: Yes
Lot Size Area: 0
Senior Community YN: No
Outdoor Living Spaces YN: Yes
Furnished: Negotiable
Stories Total: 26
Stories: 1
Fireplace YN: No
Pool Private YN: No
Spa YN: No
Guest House YN: No
Washer/Dryer Allowed YN: Yes
LP/Assessed Value: 2.16
Property Sub Type: Condominium
Bedrooms Total: 2
Bathrooms Total: 2
Bathrooms Full: 2
Building Area Main: 1436
Building Area Source: Public Records
Year Built: 1974
Parking Total: 200
Waterfront YN: 1
Direction Faces: Southeast
Financial Information
Association Deposit YN: No
Application Required YN: Yes
Association Membership: Mandatory
Association Reserves YN: Yes
Association Name: Placido Mar
Association Phone: 561842-3233
Association Email: communications@mc.fsresidential.com
Master Association YN: No
Estimated Monthly Assoc Recurring Fee: 1527
Membership Fee Required YN: No
Tax Assessed/SOH Value: 254753
Assessor Market Value: 315000
Association YN: 1
Association Fee: 1527
Association Fee Frequency: Monthly
Tax Annual Amount: 5803.72
Tax Year: 2025
Tax Legal Description: PLACIDO MAR COND UNIT 905 -
Office/Member Information
DXORIGMLSID: RML
Accessibility Features
Accessible Bedroom: 1
Accessible Closets: 1
Accessible Common Area: 1
Accessible Elevator Installed: 1
Accessible Hallway(s): 1
Application Fee Details
Application Fee Required: Yes
Application Fee: 100
Application Information
Personal Interview Required: 1
Amenities
Billiard Room: 1
Community Room: 1
Elevator(s): 1
Fitness Center: 1
Library: 1
Lobby: 1
Management: 1
Manager On Site: 1
Parking: 1
Picnic Area: 1
Pool: 1
Putting Green: 1
Sauna: 1
Shuffleboard Court: 1
Storage: 1
Tennis Court(s): 1
Trash Chute: 1
Association Fee Includes
Cable TV: 1
Common Areas: 1
Insurance: 1
Maintenance Grounds: 1
Sewer: 1
Trash: 1
Water: 1
Dining Area
Dining/Living Room: 1
Entry Information
Entry Level: 1
Exterior Features
Tennis Court(s): 1
Flooring
Tile: 1
Parking Features
Asphalt: 1
Assigned: 1
Deeded: 1
Guest: 1
Open: 1
Parking Information
Parking Space Number: 163
Property Condition
Resale: 1
Special Listing Conditions
Standard: 1
Co-Ownership
Property Management YN: Yes
Property Management Name: FirstService Residential
Property Management Phone: (561) 842-3233
Property Management Email: communications@mc.fsresidential.com
Structure Type
Multi Family: 1
Possession
Close Of Escrow: 1
Sewer
Public Sewer: 1
Special Information
Sold As-Is: 1
Utilities
Cable Connected: 1
Electricity Connected: 1
Phone Available: 1
Sewer Available: 1
Water Available: 1
Underground Utilities: 1
View
Water: 1
Heating
Central: 1
Leasing Restrictions
Leasing - Max Times Per Year: 1
Leasing - Minimum Number of Days: 365
Unit Description
Interior Hallway: 1
Water Access
No Fixed Bridge: 1
Ocean Access: 1
Water View
Intracoastal: 1
Ocean: 1
Appliances
Dishwasher: 1
Disposal: 1
Dryer: 1
Electric Range: 1
Microwave: 1
Refrigerator: 1
Washer: 1
Construction Materials
CBS: 1
Concrete: 1
Interior Features
Bedroom Layout - Split: 1
Walk-In Closet(s): 1
Laundry Features
Inside: 1
Levels
One: 1
Listing Terms
Cash: 1
Conventional: 1
Roof
Flat: 1
Security Features
Closed Circuit Camera(s): 1
Gated with Guard: 1
Security Lights: 1
Security System: 1
Water Source
Public: 1
Waterfront Features
Intracoastal: 1
Boat and Dock Information
Dock: Available
Boat and Dock Features
Deeded Dock: 1
Cooling
Central Air: 1
Association Type
Condominium: 1
Showing Requirements
Call Listing Agent: 1
Text Listing Agent: 1
Main Level Rooms
Main Level Bathrooms: 2
Main Level Bedrooms: 2
Main Living Area
Entry Level: 1
Master Bedroom/Bath
Combo Tub/Shower: 1
Pets Allowed YN
No: 1
Restrictions
Buyer Approval Required: 1
Lease Restrictions: 1
Other Leasing Restrictions
Leasing Prohibited 1st 2 Years: 1
Tax Information
City/County: 1
Outdoor Living Spaces
Balcony: 1
Balcony Details
Balcony - Covered: 1
Contingencies
None: 1
Room Types
Bedroom 2: 1
Bedroom 2 Level: First
Dining Room: 1
Dining Room Level: First
Kitchen: 1
Kitchen Level: First
Laundry: 1
Living Room: 1
Living Room Level: First
Master Bedroom: 1
Master Bedroom Level: First
Price Calculations
Current Price To SqFt: 445.34
Status Change Information
Major Change Timestamp: 2026-07-25T17:43:55Z
Major Change Type: Status Change
Status Change Date: 2026-07-25
Under Contract Type: Pending
Under Contract Date: 2026-07-20
Originating Details
Originating System Key: 20260501165928020520000000
Originating System ID: M00000170
Property Features
Accessibility Features: Accessible Bedroom; Accessible Closets; Accessible Common Area; Accessible Elevator Installed; Accessible Hallway(s)
Application Information: Personal Interview Required
Association Fee Includes: Cable TV; Common Areas; Insurance; Maintenance Grounds; Trash; Water
Dining Area: Dining/Living Room
Exterior Features: Tennis Court(s)
Flooring: Tile
Parking Features: Asphalt; Assigned; Deeded; Guest; Open
Property Condition: Resale
Special Listing Conditions: Standard
Appliances: Dishwasher; Disposal; Dryer; Electric Range; Microwave; Refrigerator; Washer
Boat and Dock Features: Deeded Dock
Construction Materials: CBS; Concrete
Cooling: Central Air
Association Type: Condominium
Heating: Central
Interior Features: Bedroom Layout - Split; Walk-In Closet(s)
Laundry Features: Inside
Levels: One
Listing Terms: Cash; Conventional
Main Living Area: Entry Level
Pets Allowed YN: No
Possession: Close Of Escrow
Restrictions: Buyer Approval Required; Lease Restrictions
Other Leasing Restrictions: Leasing Prohibited 1st 2 Years
Roof: Flat
Security Features: Closed Circuit Camera(s); Gated with Guard; Security Lights; Security System
Sewer: Public Sewer
Special Information: Sold As-Is
Structure Type: Multi Family
Tax Information: City/County
Unit Description: Interior Hallway
Utilities: Cable Connected; Electricity Connected; Phone Available; Sewer Available; Water Available; Underground Utilities
View: Water
Water Access: No Fixed Bridge; Ocean Access
Water Source: Public
Water View: Intracoastal; Ocean
Waterfront Features: Intracoastal
Showing Requirements: Call Listing Agent; Text Listing Agent
Outdoor Living Spaces: Balcony
Balcony Details: Balcony - Covered
Contingencies: None
Room Types: Bedroom 2; Dining Room; Kitchen; Laundry; Living Room; Master Bedroom
Room Information
| Room Name | Length | Width | Level |
| Living Room | 18.00 | 14.00 | First |
| Dining Room | 12.00 | 14.00 | First |
| Kitchen | 12.00 | 9.00 | First |
| Master Bedroom | 12.00 | 9.00 | First |
| Bedroom 2 | 14.00 | 13.00 | First |
| Laundry |
Listing Office: United Realty Group Inc
Last Updated: July - 25 - 2026
This information is not verified for authenticity or accuracy and is not guaranteed and may not reflect all real estate activity in the market. Copyright 2026 Beaches Multiple Listing Service, Inc. All rights reserved. Information Not Guaranteed and Must Be Confirmed by End User. Site contains live data.
