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  • MLS® #: RX-11131275
  • 3940 N Flagler Drive #303
  • West Palm Beach, FL 33407
  • $799,000
  • 2 Beds, 3 Bath, 1,980 SqFt
  • Residential

Immediate income, long-term upside! This waterfront condo delivers a 5% cap rate with strong tenants in place paying $6,500/month through the end of March 2026, offering dependable cash flow from day one! Located in one of West Palm Beach's most rapidly evolving neighborhoods, this income-producing, turnkey residence offers both short-term return and the opportunity to capitalize on a wave of redevelopment that's already reshaping the North Flagler corridor.The surrounding area is on the cusp of explosive transformation, and savvy investors are already taking notice. Florida's premier homebuilder, GL Homes, has acquired nearly 100 parcels immediately surrounding Flagler Landing with plans to develop a new enclave of single-family luxury homes, while a large-scale waterfront expansionproject is planned the adjacent Safe Harbor Rybovich Marina featuring new residential towers, dining, and public boardwalks. Multiple high-rise condo projects by Related and other prominent developers have already been approved or are already under construction along North Flagler, confirming the area's trajectory as West Palm Beach's next major growth corridor. With this much capital flowing in, now is the time to secure a footholdbefore prices catch up to the future that is already taking shape. Located within Flagler Landing, a boutique, guard-gated waterfront community, this nearly 2,000-square-foot condo lives like a spacious private residence, complete with its own private entry foyer, boasts end-to-end modern finishes, soaring ceilings, and an open layout with abundant natural light. The open layout is offered fully furnished with chic, modern pieces from high-end designers including Modani, etc., creating an elegant, move-in-ready experience. The renovated kitchen features striking & expansive waterfall-edge quartz countertops, all stainless steel appliances, all newer cabinetry with accent lighting & tiling, and a walk-in pantry with built-in California Closet shelving. The spacious primary suite includes two walk-in closets and an oversized linen closet - all with matching white California Closets, along with access to a private balcony terrace, and a spa-like bathroom with a large soaking tub & roomy walk-in shower. The guest bedroom comes with its own en-suite bathroom and doublewide closet with the same white built-ins. Other home features include a covered balcony terrace off the living room, a separate laundry room with extra storage space, and two covered, side-by-side garage spaces on the ground level just steps from the elevator. Flagler Landing provides residents with lush tropical landscaping, 24-hour guard-gated security, a well-appointed fitness center, and a resort-style pool with views of the superyachts docked at Safe Harbor Rybovich Marina. Just minutes from downtown West Palm Beach, CityPlace, Palm Beach Island, Brightline, PB international, and the Kravis Center, this location offers lifestyle, connectivity, and long-term growth potential.

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Essential Information

  • MLS® #RX-11131275
  • Price$799,000
  • CAD Dollar$1,119,998
  • UK Pound£598,389
  • Euro€687,489
  • HOA Fees1643.83
  • Bedrooms2
  • Bathrooms3.00
  • Full Baths2
  • Half Baths1
  • Square Footage1,980
  • Year Built2007
  • TypeResidential
  • Sub-TypeCondo or Coop
  • Style< 4 Floors, Contemporary
  • Unit Floor3
  • StatusNew
  • HOPANo Hopa

Restrictions

Buyer Approval, Interview Required, Lease OK, Tenant Approval

Community Information

  • Address3940 N Flagler Drive #303
  • Area5420
  • SubdivisionFLAGLER LANDING CONDO
  • DevelopmentFLAGLER LANDING
  • CityWest Palm Beach
  • CountyPalm Beach
  • StateFL
  • Zip Code33407

Amenities

  • # of Garages2
  • ViewGarden
  • WaterfrontIntracoastal
  • Pets AllowedYes

Amenities

Boating, Elevator, Exercise Room, Pool, Sidewalks

Utilities

Cable, 3-Phase Electric, Public Sewer, Public Water, Water Available

Parking

2+ Spaces, Assigned, Covered, Garage - Building

Interior

  • HeatingCentral, Electric
  • CoolingCeiling Fan, Central, Electric
  • # of Stories4
  • Stories4.00

Interior Features

Built-in Shelves, Closet Cabinets, Elevator, Entry Lvl Lvng Area, Foyer, Cook Island, Pantry, Roman Tub, Volume Ceiling, Walk-in Closet

Appliances

Auto Garage Open, Dishwasher, Disposal, Dryer, Freezer, Ice Maker, Microwave, Range - Electric, Refrigerator, Smoke Detector, Washer, Water Heater - Elec

Exterior

  • Exterior FeaturesCovered Balcony, Open Balcony
  • Lot DescriptionEast of US-1, Sidewalks
  • WindowsBlinds, Drapes, Impact Glass
  • RoofComp Shingle
  • ConstructionCBS
  • Office: Compass Florida Llc

Property Location

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3940 N Flagler Drive #303 on www.ww.jupiteroceanfrontcondos.us

Offered at the current list price of $799,000, this home for sale at 3940 N Flagler Drive #303 features 2 bedrooms and 3 bathrooms. This real estate listing is located in FLAGLER LANDING CONDO of West Palm Beach, FL 33407 and is approximately 1,980 square feet. 3940 N Flagler Drive #303 is listed under the MLS ID of RX-11131275 and has been available through www.ww.jupiteroceanfrontcondos.us for the West Palm Beach real estate market for 0 days.

Facts About West Palm Beach, FL

Looking for great shopping and entertainment in West Palm Beach Florida? Look no further than Clematis Street. It is home to some of West Palm Beach's most vibrant and entertaining shops, restaurants and nightclubs.

West Palm Beach is home to Lion Country Safari. It is a 500-acre cage less zoo that has thousands of free roaming animals. It would make a great stop for the family if you are visiting West Palm Beach.

West Palm Beach is home to the Bel Air Historic District. It was built in the 20s and 30s and boast some of Palm Beach's most beautiful and historic architecture.

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All listings featuring the BMLS logo are provided by Beaches MLS Inc. Copyright 2025 Beaches MLS. This information is not verified for authenticity or accuracy and is not guaranteed.
© 2025 Beaches Multiple Listing Service, Inc. All rights reserved.

Listing information last updated on October 11th, 2025 at 8:04am CDT.