About This Property

Spectacular Waterfront One-of-a-Kind Penthouse Condominium designed by Jean-Louis Deniot - Two full floors of customizable perfection, soaring ceilings, and walls of glass revealing sweeping views of the Intracoastal, Atlantic Ocean, Palm Beach Island, and West Palm Beach from every principal room. Top floor features private rooftop swimming pool, 360-degree wraparound balcony, fabulous outdoor kitchen, and cabana bath with dressing area, steam shower, and sauna. With 18,000+/- square feet of indoor and outdoor living space, this extravagant, designer-ready Penthouse is primed for interior customization. The first-floor features 9,000+/- indoor square footage with an additional 1,800+/- square feet of outdoor living and dining areas. A sculptured staircase connects the two floors, along with a private elevator. Custom interior allows for the option of 4 to 8 bedrooms and a variety of designs. The iconic new Forté on Flagler building will feature three full floors of opulent amenities. Fantastic downtown location just blocks from CityPlace, Palm Beach Island, and so many shops and restaurants.

Property Details

MLS #

R11036093

Status

Active

Property Type

Residential

Sub Type

Condominium

Year Built

2024

Days on Market

706

Stories

Pool

Yes

Waterfront

Yes

Price / Sq Ft

$5,254

HOA Fee

None

Est. Insurance

$15,833/mo

Tax Year

2024

Tax Amount

$267,829

Garage

5 Car

Lot Size

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MLS Area

Forte Residences, A Condom

Subdivision

Forte Residences, A Condom

Mortgage Calculator

Down Payment (20%)

$9,500,000

Principal & Interest$240,186

Property Tax$22,319/mo

HOA Fee$0/mo

Insurance$15,833/mo

Est. Monthly Total $278,338

Interest Rate

Flood Zone & Insurance

Flood zone data not available for this listing. Check FEMA directly

Investment Analysis

$332,500

Est. Monthly Rent

0.8%

Cap Rate

4.0%

Cash-on-Cash

$382,112

Net Operating Income

ROI Projections (4% Annual Appreciation)

128%

5-Year ROI

Value: $57,791,013

280%

10-Year ROI

Value: $70,311,604

461%

15-Year ROI

Value: $85,544,817

Estimates based on area averages. Actual returns may vary. Consult a financial advisor.

Market Trends

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Avg Price

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Avg Days

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Inventory

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Features

5 Bedrooms
6.5 Bathrooms
9,040 Sq Ft
Built 2024
Pool
Waterfront
5 Car Garage

1333 S Flagler Drive, West Palm Beach FL 33401

Photo Gallery (21 photos)