5501 S Flagler Drive, West Palm Beach, FL 33405

Sold $13,000,000 · Oct 5, 2026

Last asking price $13,495,000 · 96.3% of asking · 145 days on market

Similar Homes for Sale Nearby

  • 5 beds
  • 6 baths
  • 5,002 sq ft
  • Single Family Residence
  • Built 2003
  • Lot 10,890 sq ft
  • 6,000 sq ft total
  • 2 garage spaces
  • Palm Beach County
  • MLS# B26009657
  • Little Ranches 1st Add
Aerial View at 5501 S Flagler Drive, West Palm BeachExterior View at 5501 S Flagler Drive, West Palm BeachSunrise Aerial at 5501 S Flagler Drive, West Palm BeachFront Yard East Facing Intracoastal at 5501 S Flagler Drive, West Palm BeachKitchen at 5501 S Flagler Drive, West Palm BeachLiving Room at 5501 S Flagler Drive, West Palm BeachPrimary Bedroom View at 5501 S Flagler Drive, West Palm BeachGated Driveway at 5501 S Flagler Drive, West Palm Beach

About this home

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!

Features

Schools

  • Elementary: South Olive
  • Middle: Conniston Community
  • High: Forest Hill

Presented by

BreakThru Realty · (786) 914-1017

Courtesy of

Douglas Elliman · FLBroker@elliman.com · Listing agent: Samantha Curry

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What is your home worth?

5501 S Flagler Drive sold on Oct 5, 2026. If you own nearby, get a free home valuation or see homes for sale in West Palm Beach. Call or text BreakThru Realty at (786) 914-1017 or email sales@breakthrurealty.com.

Questions About 5501 S Flagler Drive

What did 5501 S Flagler Drive sell for?
5501 S Flagler Drive sold for $13,000,000 on Oct 5, 2026, about 96.3% of its last asking price of $13,495,000 and about $2,599 per square foot. Recent sales like this one are what buyers and sellers nearby price against.
What are the property taxes on 5501 S Flagler Drive?
The listing reported annual property taxes of $58,344 for 2025. Taxes are reassessed at the sale price after a purchase, so the new owner's bill will differ from that figure.
When was 5501 S Flagler Drive built?
5501 S Flagler Drive was built in 2003 and the listing describes its condition as resale. Age matters for insurance and financing in Florida: ask about the roof, the electrical panel and, for a condo built before the current code, the building's structural reserve study.
How long was 5501 S Flagler Drive on the market?
5501 S Flagler Drive was on the market for 145 days before it sold, after the asking price was reduced from $13,950,000 to $13,495,000.
Is 5501 S Flagler Drive waterfront?
Yes. The listing described the water as other intracoastal.
Which schools serve 5501 S Flagler Drive?
The MLS lists South Olive (elementary), Conniston Community (middle), Forest Hill (high). School assignments are set by the district and can change; verify them with the school board before you rely on them.
Is 5501 S Flagler Drive still for sale?
No. 5501 S Flagler Drive sold on Oct 5, 2026. BreakThru Realty can show you similar homes for sale nearby, or tell you what a home like yours would sell for today; call or text and a licensed agent will follow up.

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A comparable home, 122 Bloomfield Drive, West Palm Beach, FL 33405, sold for $15,650,000 in July 2026. Other West Palm Beach neighborhoods include The Acreage and Victoria Woods. Nearby ZIP codes include 33401 and 33406. This property also neighbors Palm Beach, Lake Worth Beach, and Boynton Beach. Compare it with the West Palm Beach housing market report.