3940 N Flagler Drive # 303
West Palm Beach, FL, 33407
$
799,000
Bedrooms2
Baths2.1
Sq
1,980
Monthly Estimate*
$
4,985
for $799,000 with 2 bedrooms and 2 full baths, 1 half bath. This 1,980 square foot condo was built in 2007.
Immediate income, long-term upside! This waterfront condo delivers a 5% cap rate with strong tenants in place paying $6,500/month through the end of March 2026, offering dependable cash flow from day one! Located in one of West Palm Beach's most rapidly evolving neighborhoods, this income-producing, turnkey residence offers both short-term return and the opportunity to capitalize on a wave of redevelopment that's already reshaping the North Flagler corridor.The surrounding area is on the cusp of explosive transformation, and savvy investors are already taking notice. Florida's premier homebuilder, GL Homes, has acquired nearly 100 parcels immediately surrounding Flagler Landing with plans to develop a new enclave of single-family luxury homes, while a large-scale waterfront expansionproject is planned the adjacent Safe Harbor Rybovich Marina featuring new residential towers, dining, and public boardwalks. Multiple high-rise condo projects by Related and other prominent developers have already been approved or are already under construction along North Flagler, confirming the area's trajectory as West Palm Beach's next major growth corridor. With this much capital flowing in, now is the time to secure a footholdbefore prices catch up to the future that is already taking shape.
Located within Flagler Landing, a boutique, guard-gated waterfront community, this nearly 2,000-square-foot condo lives like a spacious private residence, complete with its own private entry foyer, boasts end-to-end modern finishes, soaring ceilings, and an open layout with abundant natural light. The open layout is offered fully furnished with chic, modern pieces from high-end designers including Modani, etc., creating an elegant, move-in-ready experience.
The renovated kitchen features striking & expansive waterfall-edge quartz countertops, all stainless steel appliances, all newer cabinetry with accent lighting & tiling, and a walk-in pantry with built-in California Closet shelving. The spacious primary suite includes two walk-in closets and an oversized linen closet - all with matching white California Closets, along with access to a private balcony terrace, and a spa-like bathroom with a large soaking tub & roomy walk-in shower. The guest bedroom comes with its own en-suite bathroom and doublewide closet with the same white built-ins. Other home features include a covered balcony terrace off the living room, a separate laundry room with extra storage space, and two covered, side-by-side garage spaces on the ground level just steps from the elevator.
Flagler Landing provides residents with lush tropical landscaping, 24-hour guard-gated security, a well-appointed fitness center, and a resort-style pool with views of the superyachts docked at Safe Harbor Rybovich Marina. Just minutes from downtown West Palm Beach, CityPlace, Palm Beach Island, Brightline, PB international, and the Kravis Center, this location offers lifestyle, connectivity, and long-term growth potential.
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Features
Exterior
Lot Description
East of US-1
Sidewalks
Exterior Amenities
Covered Balcony
Open Balcony
Waterfront
No
Intracoastal
Design
< 4 Floors
Contemporary
Private Pool Y/N
No
Boat Services
Common Dock
Subdiv. Amenities
Boating
Elevator
Fitness Center
Pool
Sidewalks
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Interior
Interior Amenities
Built-in Shelves
Closet Cabinets
Elevator
Entry Lvl Lvng Area
Foyer
Kitchen Island
Pantry
Roman Tub
Volume Ceiling
Walk-in Closet
Dining Area
Breakfast Area
Dining-Living
Snack Bar
Flooring
Ceramic Tile
Furnished Y/N
Furnished
Turnkey
Total Bedrooms
2
Master Bedroom/Bath
Dual Sinks
Separate Shower
Separate Tub
Unit Floor #
3.00
Unit Desc
Interior Hallway
Lobby
Total Bathrooms
2.10
SqFt - Living
1980.00
Total Floors/Stories
4.00
Equip/Appl Included
Auto Garage Open
Dishwasher
Disposal
Dryer
Freezer
Ice Maker
Microwave
Range - Electric
Refrigerator
Smoke Detector
Washer
Water Heater - Elec
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General
Construction
CBS
Heating
Central
Electric
Cooling
Ceiling Fan
Central
Electric
Utilities
Cable
Electric
Public Sewer
Public Water
Water Available
Possession
At Closing
Funding
Roof
Comp Shingle
Parking
2+ Spaces
Assigned
Covered
Garage - Building
Pets Allowed
Yes
Zoning
RPD(ci
HOA
Mandatory
Number of Garage Spaces
2.00
Security
Gate - Manned
Security Patrol
Status
Active
Full Baths
2
Half Baths
1
Year Built
2007
REO
No
Subdivision
FLAGLER LANDING CONDO
View
Garden
Type
Condo/Coop
Rooms
Convertible Bedroom
Den/Office
Family
Great
Laundry-Inside
Property Type
A
Area
5420
Application Fee
150.00
Unit Number
303
Auction
No
Development Name
FLAGLER LANDING
Tax Year
2024
Terms Considered
Cash
Conventional
Gated Community
Yes
Membership
No Membership Avail
Short Sale
No
Restrict
Buyer Approval
Interview Required
Lease OK
Tenant Approval
Special Info
Sold As-Is
Taxes
12070.00
Adult 55+
No Hopa
HOA/POA/COA (Monthly)
1643.83
Club Membership
No
Equity Purchase
No
Governing Bodies
Condo
Membership Fee Required
No
Virtual Tour
https://www.propertypanorama.com/3940-N-Flagler-Drive-303-West-Palm-Beach-FL-33407/unbranded
Geo Area
PB20
Legal Description
FLAGLER LANDING CONDOMINIUM UNIT 303 BLDG 6 IN OR22094P263 F/K/A UNIT 623
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Internal Only
OriginalMLSID
RX-11131275
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* Excluded Features
List By
Justin Charles Keller PA
Listing Agent
Compass Florida Llc
Broker
justincharleskeller@gmail.com
Email
Affordability Calculator
- Monthly Principal & Interest
- $4,985
- Monthly Property Taxes
- $1,006
- Monthly Home Insurance
- --
Default based on a 30-year fixed rate of 6.375% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
Learn more about how to save
Nearby
Condo listings in West Palm Beach, FL
Average List Price
$936,842
Percent of Sale Price
17%
About West Palm Beach, FL
111,545
Population
36%
Since 2002
$
51,879
Median Income
40.03
Median Age
19%
Households with Children
Trends Information provided by ATTOM Data Solutions.
368239
Elementary School
368240
Middle School
Unknown High School
High School
Pricing History
| Date |
Price |
Price Change |
Description |
|
10/10/2025
|
$799,000
|
|
Listed Price
|