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Placido Mar
Downtown CorridorNorth Flagler

Placido Mar

5200 N Flagler Dr, West Palm Beach, FL 33407

Price Range

$383K – $729K

Units

145

Floors

26

Year Built

1976

About Placido Mar

Placido Mar is a 26-story, 145-unit building at 5200 N Flagler Drive with one of the most complete amenity packages on the North Flagler corridor — including a private fishing pier, boat dock, pickleball and tennis courts, sauna, steam room, and a doorman. Intracoastal views, Palm Beach Island across the water, and prices from $383K to $729K.

Why Buyers Choose Placido Mar

  • Private fishing pier and boat dock — rare at this price range
  • Doorman building with full-service amenities
  • Pickleball, tennis, sauna, steam room, and heated pool
  • 26 floors — upper units with ocean views over Palm Beach Island
  • Best amenity-to-price ratio on the North Flagler corridor

Placido Mar: The Most Complete Amenity Package at Its Price on North Flagler

Placido Mar at 5200 N Flagler Drive is the building that regularly surprises buyers who haven't encountered it before. A private fishing pier. A boat dock. Pickleball and tennis courts. A sauna and steam room. A clubhouse with billiards and a piano. A doorman. All of this at prices from $383K to $729K — a price range where most WPB buildings offer a pool and a fitness room, if that.

The 145-unit building across 26 floors delivers height — and with it, views. Upper-floor residences look east across the Intracoastal toward Palm Beach Island, with ocean views visible beyond. The $1,530/month HOA fee is higher than some comparable buildings, but buyers who evaluate what that fee funds — doorman, fishing pier, boat dock, full courts, sauna, steam, clubhouse — consistently conclude that the value is there.

A Boater's Building on the North Flagler Corridor

The private fishing pier and boat dock are Placido Mar's most distinctive features at its price point. On the North Flagler Drive corridor, where new construction towers charge $3M+ for Intracoastal access and boat slip availability, Placido Mar offers direct water access from a building where the entry price is $383K. For buyers whose lifestyle prioritizes being on the water — fishing, boating, kayaking — this is the most accessible building on the WPB waterfront that delivers it.

Built in 1976, the building reflects a construction era that valued generous common areas and multiple active amenity options. That philosophy has held up well: these amenities get used, the building community is active, and the overall quality of life at Placido Mar consistently outperforms what the price tag suggests. Contact DO Homes Group to review current listings.

Amenities

Doorman
Heated pool
Gym
Sauna & steam room
Pickleball court
Tennis court
Private fishing pier & boat dock
BBQ area
Clubhouse with billiards & piano
Bike room

Policies & Fees

HOA Fee Range$1,530/month
Pet PolicyLimited pets — verify with HOA
Rental RestrictionsContact DO Homes Group for current policy

Location & Nearby

Transit, beaches, downtown, and key points of interest near Placido Mar.

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Quick Facts

NeighborhoodNorth Flagler
Market TierDowntown Corridor
HOA Fees$1,530/month
PetsLimited pets — verify with HOA