
5501 S Flagler Drive, West Palm Beach FL 33405, WEST PALM BEACH, FL, 33405
Active140 days on marketListed Apr 1, 2026MLS #B26009657
About this home
5501 S Flagler Drive, West Palm Beach FL 33405
IMPRESSIVE 100-FT WATERFRONT ESTATE WITH PRIVATE DOCK, BRAND NEW 60,000 LB BOAT LIFT (ACCOMMODATES UP TO A 53-FT VESSEL & 2 OVERSIZED JET SKIS), AND 4-CAR GARAGE. This newly renovated, 5-bedroom residence offers spectacular Billion-dollar views of the Estate section of Palm Beach Island and the widest section of the Intracoastal. 11-ft ceilings and 6,000 square feet of refined living space. Highlights include a showpiece waterfront bar and lounge, expansive primary suite with dual dressing rooms, attractive open kitchen with Wolf and Sub-Zero appliances, elevator, guest house, and resort-style amenities throughout. The very impressive waterfront bar/lounge features LED backlit crystalline quartzite a stunning brass sink, ice maker, and custom cabinetry. A sprawling primary suite complete with oversized dual dressing rooms with Italkraft closets and custom cabinetry. This home has an abundance of natural light, high-end finishes, and every conceivable amenity for those who love to entertain. The open kitchen features premium Wolf and Subzero appliances. More recent upgrades include a wine refrigerator in the dining room, custom lighting to enhance artwork, and an above ground spa. This sophisticated 2-story home also includes a guest apartment for extended stays or ultimate privacy. Overhauled under the guidance of designer Amir Khamneipur, known for his work at The Bristol, every element of this home is crafted for luxury living wine wall inspired by the Breakers Resort, putting green, gated driveway, full house generator, integrated smart home system, and elevator. Ideally located near Palm Beach Island with views of Mar-a-Lago and close to premier dining, shopping, and PBI Airport. This is a rare opportunity to own one of SoSo's finest properties!
Facts & features
The home at a glance
5
Bedrooms
5
Bathrooms
5,002
Sqft
0.25 ac
Lot size
2
Garage
2003
Year built
2
Levels
$2,789
Per sqft
Inside
Outside & construction
Community & fees
Utilities & systems
The numbers
What it really costs
Built from this home's actual numbers — the most recent property-tax bill on record — not generic estimates.
$85,527 /mo · 10% down Conventional, 30-yr fixed at 6%
The assumptions
Above the FHA loan limit for our service areas, so Conventional is the default. VA buyers: switch below — $0 down.
These numbers assume a generic buyer — your credit, down payment and loan program change them. Get the real quote in minutes:

Andrew Acosta
Acosta Home Loans with PRMG · NMLS #1468866
Run your own numbers
FHA isn’t available at this price — the loan would exceed the $541,287 FHA limit for our service areas.
Estimated payment
$85,527/mo
Includes estimated PMI — it drops off once you reach 20% equity. Taxes reflect the most recent bill on record; insurance is a typical-Florida estimate. Your lender’s numbers will differ. CENTURY 21 Edge partners with Florida’s best lenders.
Value check
Is the price right?
The internet’s favorite home-value number comes from a single automated model that has never seen the street, the finishes, or the view — which is why it routinely misses by tens of thousands of dollars. The edgeAI estimate combines multiple independent data sources with our team’s on-the-ground expertise in this exact market.
$/sqft vs West Palm Beach actives
$2,789 vs $253
Days on market
140 vs 62 typical
Where $2,789/sqft sits among the 399 West Palm Beach actives
The edgeAI estimate is a starting point, not an appraisal or a broker price opinion. It is generated from public records, listing data and market modeling, and is subject to change once a licensed real estate professional personally inspects the property. Condition, floor, view and lot are not fully captured by any model — ask us for a full comparative market analysis.
Where it sits
Inside South End
Get to know West Palm Beach. See the full West Palm Beach guide →
South End — neighborhood snapshot
Population
6,677
Median age
49
Median income
$92,603
Median home value
$677,460
Avg household
3
Households w/ children
581
For the school run
Palm Beach County School District
School assignments and ratings via edgeAI — always verify with the district.
The numbers that matter
The West Palm Beach market
$397K → $410K
West Palm Beach median sold, yr/yr
96.4%
Sale-to-list ratio (12 mo)
43 of 399
West Palm Beach actives have cut their price
Median sold price, West Palm Beach, trailing 36 months (3-month rolling) · live MLS data.
This home is listed 2460% above the WEST PALM BEACH 33405 median. See the full West Palm Beach market guide →
Paper trail
This home's history
Reality check
What actually sold near 5501 S Flagler Drive
Asking prices are opinions — closed sales are facts. The most comparable homes that actually changed hands nearby in the last twelve months.
Sold · May ’26$4,425,000
368 Churchill Road, West Palm Beach FL 33405
5 bd · 6 ba · 4,977 sqft · $889/sqft · 34 DOM
Sold · Jun ’26$6,750,000
247 Seville Road, West Palm Beach FL 33405
5 bd · 5.5 ba · 5,112 sqft · $1,320/sqft · 120 DOM
Sold · Jul ’26$5,960,000
217 Bunker Ranch Road, West Palm Beach FL 33405
5 bd · 6 ba · 5,252 sqft · $1,135/sqft · 198 DOM
Closed-sale data from the MLS, last 12 months, selected for similarity in size and location. No two homes are identical — ask us for a full comparative analysis.
Your home team
The pros in your corner
Buying a home is two conversations — the home and the money. Here’s who handles each, side by side, already working together.
Your agent
Krystina Allen
Real Estate Agent · CENTURY 21 Edge
Tours, negotiation, and every question about 5501 S Flagler Drive — start here.

Your lender
Andrew Acosta
Acosta Home Loans with PRMG · NMLS #1468866
Pre-approval, rates, and the real monthly number for 5501 S Flagler Drive — before you fall in love.
See it in person
Schedule a tour
Live availability from Krystina's calendar — pick a time and it's booked. Confirmation lands in your inbox immediately.
Straight answers
5501 S Flagler Drive FAQs
What would the monthly payment be for 5501 S Flagler Drive, West Palm Beach FL 33405?+
With 10% down on a 30-year Conventional loan at 6%, the all-in payment lands around $85,527/mo — principal and interest, the actual property-tax bill and typical Florida insurance. The payment calculator on this page lets you switch loan type (FHA, Conventional, VA) and adjust the down payment, rate and term.
What are the property taxes on 5501 S Flagler Drive, West Palm Beach FL 33405?+
The most recent tax bill on record (2025) was $58,344. A new owner's bill can differ once the sale price resets the assessed value — we can walk you through what to expect.
Are pets allowed at 5501 S Flagler Drive, West Palm Beach FL 33405?+
The listing reports pets: Yes. Communities often layer on breed or weight rules — we'll verify the specifics with the association before you commit.
How does the price compare to other homes in West Palm Beach?+
At $13,950,000, this home is listed about 4329% above the West Palm Beach median of $315,000. The market section on this page shows how the area is trending.
Which schools are assigned to 5501 S Flagler Drive, West Palm Beach FL 33405?+
South Olive Elementary School (elementary), Forest Hill Community High School (high), Conniston Middle School (middle), Glades Construction Academy At West Technical (high) — Palm Beach County School District. Always verify school assignments with the district before relying on them.
The brief
Three things that matter here
01Positioned at the premium end
$13,950,000 runs 2460% above the WEST PALM BEACH 33405 median — but at 5,002 sqft it's also nearly 4 times the size of the typical West Palm Beach listing.
02Waterfront living
This home sits directly on the water — the single scarcest feature in Florida inventory and the strongest long-term value anchor.
03Time on market is leverage
140 days on market against a West Palm Beach median of 62 — sellers in this position are usually ready to negotiate.
Keep looking
Similar homes nearby

$13,795,000
1333 S Flagler Drive # 702, West Palm Beach FL 33401, WEST PALM BEACH
3 bd · 4.5 ba · 4,436 sqft

$13,499,000
3773 S Flagler Drive # 1602, West Palm Beach FL 33405, WEST PALM BEACH
4 bd · 5.5 ba · 5,739 sqft

$14,500,000
1745 N Flagler Drive # 2702, West Palm Beach FL 33407, WEST PALM BEACH
5 bd · 6.5 ba · 4,990 sqft
IDX information is provided exclusively for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data is deemed reliable but is not guaranteed accurate by Miami Association of REALTORS®.
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