622 N Flagler Drive 502, West Palm Beach, FL 33401

$7,790,000
Property Type: Residential Bedrooms: 4 Baths: 5 Square Footage: 5,187 Status: Closed
Current Price: $7,790,000 List Date: 10/26/2021 Last Modified: 2/27/2026

Description

Welcome to Estate Tower Residence 502, an exceptional 4 bed, 4.5 bath residence overlooking breathtaking views of the Intracoastal, Palm Beach, and Atlantic from within West Palm's prestigious One Watermark Place. Become immersed in the sights of both sea and city from the moment you exit your private elevator foyer into the remarkable 4,475 sq. ft. of open living spaces, including a gourmet kitchen with custom finishes and state-of-the-art appliances, and a stunning 712 sq. ft. private terrace perfect for entertaining. A boutique building of just 48 waterfront residences, the renowned One Watermark Place offers a full-service lifestyle & resort-quality amenities to its residents, including a newly completed full-service marina with 22 slips for vessels ranging from 46-100 ft. in length.

More Information MLS# R10754727

Contract Information

Comp Sale YN: No Listing Contract Date: 2021-10-26 Status: Closed Original List Price: 7950000 Sold Price: $7,790,000 Current Price: $7,790,000

Location and Legal

County Or Parish: Palm Beach County Parish Name: Palm Beach City Name: West Palm Beach Postal Zip: 33401 Development Name: ONE WATERMARK PLACE OF THE PALM BEACHES Geographic Area: PB20 Special Assessment YN: No Street Number: 622 Street Direction Prefix: N Street Name: Flagler Street Suffix: Drive Unit Number: 502 State Or Province: FL Postal Code: 33401 Subdivision Name: ONE WATERMARK PLACE OF THE PALM BEACHES Area: 5440 Parcel Number: 74434322340055020 Zoning: LD-5 Directions: 622 North Flagler Drive West Palm Beach

General Property Information

Number Of Units In Community: 48 Total Units In Building: 48 Unit Floor #: 5 Living Area Main: 4475 Gated Community YN: No Senior Community YN: No Outdoor Living Spaces YN: Yes Furnished: Unfurnished Stories Total: 15 Pool Private YN: No Property Sub Type: Condominium Bedrooms Total: 4 Bathrooms Total: 5 Bathrooms Full: 4 Bathrooms Half: 1 Building Area Main: 5187 Building Area Source: Plans Year Built: 2003 Garage YN: 1 Garage Spaces: 2 Covered Spaces: 2 Waterfront YN: 1 Direction Faces: East

Financial Information

Association Deposit YN: No Application Required YN: Yes Association Membership: Mandatory Association Phone: 561-472-0860 Membership Fee Required YN: No Association YN: 1 Association Fee: 5141 Association Fee Frequency: Monthly Tax Annual Amount: 46477.5 Tax Year: 2020 Tax Legal Description: ONE WATERMARK PLACE OF THE PALM BEACHES CONDOMINIUM UNIT 502

Office/Member Information

DXORIGMLSID: RML

Status Change Information

Buyer Financing: Cash Major Change Timestamp: 2021-12-15T19:53:47Z Major Change Type: Status Change Status Change Date: 2021-12-15 Under Contract Date: 2021-11-10 Close Date: 2021-12-15 Close Price: 7790000

Application Fee Details

Application Fee Required: Yes Application Fee: 150

Amenities

Boating: 1 Business Center: 1 Dog Park: 1 Elevator(s): 1 Fitness Center: 1 Game Room: 1 Library: 1 Parking: 1 Pool: 1 Sauna: 1 Spa/Hot Tub: 1 Trash Chute: 1

Association Fee Includes

Elevator: 1 Hot Water: 1 HVAC Maintenance: 1 Insurance: 1 Maintenance Grounds: 1 Security: 1 Sewer: 1 Trash: 1 Water: 1

Dining Area

Breakfast Area: 1 Dining/Living Room: 1 Family/Dining Combination: 1 Kitchen Dining: 1

Electric

Three Phase: 1

Entry Information

Entry Location: Entry Level Living Area Y

Flooring

Marble: 1

Parking Features

Assigned: 1 Covered: 1 Under Building: 1 Garage: 1

Property Condition

Resale: 1

Short Sale Details

Short Sale Addendum: No

Possession

Negotiable: 1

Sewer

Public Sewer: 1

Utilities

Cable Available: 1 Sewer Available: 1 Water Available: 1

View

City: 1

Heating

Central: 1

Water Access

Marina: 1 No Fixed Bridge: 1 Ocean Access: 1

Water View

Bay: 1 Intracoastal: 1 Marina: 1 Ocean: 1

Window Features

Blinds: 1

Appliances

Dishwasher: 1 Dryer: 1 Electric Range: 1 Free-Standing Freezer: 1 Microwave: 1 Refrigerator: 1 Washer: 1

Construction Materials

CBS: 1

Interior Features

Bar: 1 Built-in Features: 1 Closet Cabinetry: 1 Elevator: 1 Kitchen Island: 1 Pantry: 1 Walk-In Closet(s): 1 Wet Bar: 1

Listing Terms

Cash: 1 Conventional: 1

Security Features

Fire Sprinkler System: 1 Gated with Guard: 1 Lobby - Attended: 1 Security Fence: 1 Security Patrol: 1 Security System: 1

Water Source

Public: 1

Waterfront Features

Intracoastal: 1 No Fixed Bridges: 1

Boat and Dock Information

Dock: Yes Boat Max Length: 100 Boat Dock Accommodates: Up to 100 Ft Boat

Boat and Dock Features

Marina: 1

Cooling

Central Air: 1

Association Type

Condominium: 1

Showing Requirements

24 Hour Notice: 1 Appointment Only: 1

Main Level Rooms

Main Level Bathrooms: 4 Main Level Bedrooms: 4

Master Bedroom/Bath

Dual Sinks: 1 Separate Shower: 1 Separate Tub: 1

Pets Allowed YN

Yes: 1

Restrictions

Buyer Approval Required: 1

Storm Protection

Impact Glass: Complete

Tax Information

No Homestead: 1

Showing Details

Pet(s) on Premises: No

Outdoor Living Spaces

Balcony: 1 Patio: 1

Balcony Details

Balcony - Covered: 1 Balcony - Open: 1

Patio Details

Patio - Covered: 1

Contingencies

None: 1

Room Types

Den: 1 Family Room: 1 Family Room Level: Main Great Room: 1 Kitchen: 1 Kitchen Level: Main Living Room: 1 Living Room Level: Main Maid/In-Law Quarters: 1 Master Bedroom: 1 Master Bedroom Level: Main Media Room: 1

Concessions

Seller Concessions: No

Contributions

Buyer Contributions: No

Price Calculations

Current Price To SqFt: 1740.78 Original List Price To Close Price: 1.02

Originating Details

Originating System Key: 20211026121245603369000000 Originating System ID: M00000170

Property Features

Association Fee Includes: Elevator; Hot Water; HVAC Maintenance; Insurance; Maintenance Grounds; Security; Trash; Water Dining Area: Breakfast Area; Dining/Living Room; Family/Dining Combination; Kitchen Dining Electric: Three Phase Flooring: Marble Parking Features: Assigned; Covered; Under Building; Garage Property Condition: Resale Appliances: Dishwasher; Dryer; Electric Range; Free-Standing Freezer; Microwave; Refrigerator; Washer Boat and Dock Features: Marina Construction Materials: CBS Cooling: Central Air Association Type: Condominium Heating: Central Interior Features: Bar; Built-in Features; Closet Cabinetry; Elevator; Kitchen Island; Pantry; Walk-In Closet(s); Wet Bar Listing Terms: Cash; Conventional Pets Allowed YN: Yes Possession: Negotiable Restrictions: Buyer Approval Required Security Features: Fire Sprinkler System; Gated with Guard; Lobby - Attended; Security Fence; Security Patrol; Security System Sewer: Public Sewer Tax Information: No Homestead Utilities: Cable Available; Sewer Available; Water Available Water Access: Marina; No Fixed Bridge; Ocean Access Water Source: Public Water View: Bay; Intracoastal; Marina; Ocean Waterfront Features: Intracoastal; No Fixed Bridges Window Features: Blinds Showing Requirements: 24 Hour Notice; Appointment Only Outdoor Living Spaces: Balcony; Patio Balcony Details: Balcony - Covered; Balcony - Open Patio Details: Patio - Covered Contingencies: None Room Types: Den; Family Room; Great Room; Kitchen; Living Room; Maid/In-Law Quarters; Master Bedroom; Media Room

Room Information

Living Room Length: 30.40 Length: 30.40 Width: 24.10 Width: 24.10 Level: Main Kitchen Length: 15.50 Length: 15.50 Width: 17.10 Width: 17.10 Level: Main Master Bedroom Length: 16.40 Length: 16.40 Width: 19.10 Width: 19.10 Level: Main Family Room Length: 22.20 Length: 22.20 Width: 18.90 Width: 18.90 Level: Main Great Room Maid/In-Law Quarters Media Room

Documents

Listing Office: Compass Florida, LLC
IDX
Last Updated: February - 27 - 2026
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