1355 S Flagler Drive

West Palm Beach, FL 33401

$28,450,000

$4,954/ft²

4Beds

5.5Baths

5,743Sq ft

2027Year built

CondoType

About this home

South Tower Residence 2203 at South Flagler House captures the essence of waterfront living with 4 BR and 5.1 BA designed for elegance and ease. A private elevator opens to a sunlit great room with sweeping views of the Intracoastal, Palm Beach Island, and the Atlantic Ocean. The primary suite is a serene retreat with dual baths & dual walk-in closets. Thoughtfully designed for both comfort and entertaining, the residence features an eat-in kitchen, library/office, guest wing with its own private terrace, and expansive outdoor living that seamlessly blends with the interiors. South Flagler House, presented by Related Ross, combines the timeless style of Robert A.M. Stern Architects & the luxurious aesthetic of Pembrooke & Ives, resulting in soulful spaces designed for an enhanced lifestyle. Primely positioned on 3.4 acres along the Intracoastal Waterway at 1355 S Flagler Dr. South Flagler House features two 28-story structures with 105 beautifully appointed 2-to-5-bedroom homes. Representing the single largest amenity offering per residence in all of Palm Beach County. Residents will have access to lifestyle amenities of unprecedented range & quality, with on-site concierge services surpassing those of the most exclusive private members' clubs.

Features

Waterfront
Private pool

Property details

Listing

MLS #: R11163511
Status: For sale
Listed on: Feb 12, 2026
Days on market: 179 days
Listing data updated: Aug 7, 2026

Interior

Beds: 4
Baths: 5.5
Living area: 5,743 ft²
Price per ft²: $4,954/ft²
Unit: 2203

Building & community

Type: Condo
Year built: 2027
HOA fee: $12,692/mo
County: Palm Beach

Lot & exterior

Lot size: 134,767 ft²
Waterfront: Yes
Private pool: Yes

Days on market, price per ft² and the monthly HOA amount are calculated by this site from the MLS data shown; the association fee is normalized to a monthly figure.

True monthly cost

Mortgage (principal & interest): $143,859
Property taxes (est.): $26,079
Home insurance (est.): $600
Flood insurance (est.): —
HOA fee: $12,692

Estimated total$183,230*/mo

* Some cost lines aren't available yet for this listing; the total shown is incomplete.

Based on 20% down, a 6.5% rate and a 30-year loan, plus this home's estimated Florida carrying costs. All figures are illustrative estimates — not quotes, not financial or insurance advice.

Sources: flood zone — FEMA National Flood Hazard Layer; mortgage, taxes and insurance figures — this site's own estimates; HOA / CDD — as reported for this listing.

What will this home really cost you?

Building structural health (SIRS)

No filing record found

We couldn't find a SIRS filing record for this building in Florida's public DBPR database. That is not a red flag by itself: buildings under three stories are exempt, recent or mailed-in filings may not appear yet, and the name or address on file may differ from this listing.

Questions about this

What is a SIRS and why does it matter?

Since the Surfside collapse, Florida requires condo and co-op buildings three stories or taller to complete a Structural Integrity Reserve Study: an inspection-based plan that forces the association to fund structural repairs (roof, load-bearing walls, plumbing, electrical) instead of deferring them. It matters because underfunded buildings are the ones that surprise owners with large special assessments.

Has this building filed its SIRS?

We didn't find a filing record for this building in the DBPR's public database. Absence of a record does not mean the building is out of compliance — it may be exempt (under three stories), the filing may be recent or on paper, or the recorded name/address may differ. It IS the right question to ask before offering.

What is a special assessment?

A one-off charge the association levies on every owner when reserves don't cover a needed repair — in older coastal buildings they have ranged from a few thousand to over $100,000 per unit. The SIRS exists precisely to make these predictable and funded in advance. Always review the building's budget, reserves and meeting minutes before buying.

What should I check before buying in this building?

Florida law gives buyers the right to review the association's SIRS, milestone inspection reports, budget and reserves — the full study is available from the association by written request. Nilyan requests and walks through these documents with her buyers as part of the offer process.

Source: Florida DBPR public SIRS reporting database. Filing status is self-reported by the association; this is not an audit, inspection or safety certification, and absence of a record does not mean non-compliance. Data as of July 30, 2026.

Want the full structural picture of this building before you offer?