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For sale

5501 S Flagler Drive

West Palm Beach, FL 33405

$13,495,000

$2,698/ft²

5Beds
5Baths
5,002Sq ft
2003Year built
Single-family homeType

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

  • Waterfront
  • Private pool

Property details

Listing

MLS #
B26009657
Status
For sale
Listed on
Apr 1, 2026
Days on market
131 days
Listing data updated
Aug 7, 2026

Interior

Beds
5
Baths
5
Living area
5,002 ft²
Price per ft²
$2,698/ft²

Building & community

Type
Single-family home
Year built
2003
County
Palm Beach

Lot & exterior

Lot size
10,936 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)
$68,238
Property taxes (est.)
$12,371
Home insurance (est.)
$600
Flood insurance (est.)

Estimated total$81,209*/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?

Location

Mortgage calculator

$68,238/moEstimated principal & interest. Taxes, insurance, and HOA are not included. This is an estimate, not a quote or financial advice.

Equal Housing Opportunity

This listing is courtesy of Douglas Elliman.

Samantha Curry · 561-530-2227 · samantha.curry@elliman.com · 561-655-8600

Data deemed reliable, but is not guaranteed accurate by MIAMI REALTORS®.

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