BreakThru Realty

5501 S Flagler Drive, West Palm Beach, FL 33405

Sold $10,750,000 · May 21, 2025

Last asking price $12,950,000 · 83% of asking · 144 days on market

Similar Homes for Sale Nearby

  • 5 beds
  • 6 baths
  • 5,000 sq ft
  • Single Family Residence
  • Built 2003
  • Lot 10,890 sq ft
  • 5,996 sq ft total
  • 2 garage spaces
  • Palm Beach County
  • MLS# R11032767
  • Little Ranches 1st Add
5501 S Flagler Waterfront Estate at 5501 S Flagler Drive, West Palm BeachAerial East Facing at 5501 S Flagler Drive, West Palm BeachExterior at 5501 S Flagler Drive, West Palm BeachAerial South East Facing at 5501 S Flagler Drive, West Palm BeachPrivate Dock & Lift at 5501 S Flagler Drive, West Palm BeachExterior at 5501 S Flagler Drive, West Palm BeachTwilight Pool Facing Intracoastal at 5501 S Flagler Drive, West Palm Beach20.1Daybed_5501 S Flagler copy at 5501 S Flagler Drive, West Palm Beach

About this home

IMPRESSIVE 100-FT WATERFRONT ESTATE INCLUDING ITS OWN PRIVATE DOCK & BOAT LIFT. Newly renovated with every luxury for the discerning buyer, this 5-bed home offers breathtaking views of Billionaires Row, widest part of the Intracoastal Waterway, from all main rooms. Featuring 11-ft ceilings, 6,000 total square feet of meticulously redesigned living space, elevator, and a desirable semi-attached guest house. The very impressive waterfront bar/lounge features LED backlit crystalline quartzite a stunning brass sink, ice maker, and custom cabinetry, all inspired by the Bulgari Hotel in Paris. 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. 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 displays at Breakers Resort, putting green, gated driveway, full house generator, integrated smart home system, and elevator. Perfectly located near Palm Beach Island with views of Mar a Lago, close proximity to PBI Airport, premiere shopping, dining, and more. An adjacent lot is also available for purchase, offering unparalleled potential for expansion. This is a rare opportunity to own one of SoSo's finest properties!!!

Video Tour

Watch the video tour of 5501 S Flagler Drive

Features

  • Bar
  • Built-in Features
  • Cathedral Ceiling(s)
  • Entrance Foyer
  • Elevator
  • High Ceilings
  • Kitchen Island
  • Pantry
  • Vaulted Ceiling(s)
  • Wet Bar
  • Walk-In Closet(s)
  • Bedroom Layout - Split
  • Closet Cabinetry
  • Custom Mirrors
  • Cabana Bath
  • Custom Lighting
  • Pool Bathroom
  • Intracoastal
  • Heated
  • In Ground
  • Salt Water
  • Pool Bath

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

BeachesMLS logo All listings featuring the BMLS logo are provided by BeachesMLS, Inc. This information is not verified for authenticity or accuracy and is not guaranteed. Copyright © 2026 BeachesMLS, Inc. 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 BeachesMLS. Listings held by brokerage firms other than BreakThru Realty carry the name of the listing broker.

What is your home worth?

5501 S Flagler Drive sold on May 21, 2025. 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 $10,750,000 on May 21, 2025, about 83% of its last asking price of $12,950,000 and about $2,150 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 $56,701 for 2024. 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 144 days before it sold, after the asking price was reduced from $13,950,000 to $12,950,000.
Is 5501 S Flagler Drive waterfront?
Yes. The listing described the water as 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 May 21, 2025. 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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Nearby ZIP Codes

Other West Palm Beach neighborhoods include Downtown & Rosemary Square and Ibis Golf & Country Club. 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.