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$799,000

  • For Sale
  • Active
  • Condo / Townhouse
  • 2 Beds
  • 2 Full Baths
  • 1 Partial Bath
  • 1,980 Sq. Ft.
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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 expansion

Full Property Details for 3940 N Flagler Dr #303

General

  • Price: $799,000
  • HOA FEE: $1,644
  • Taxes: $12,070 (2024)
  • Status: Active
  • Type: Condo /Townhouse
  • Source: Regional
  • MLS ID: RX-11131275
  • Updated: 10/10/2025
  • Added to Site: 100 day(s) ago

Rental Information

  • Min. Lease (Days): 90

Interior

  • Rooms/Areas: Convertible Bedroom, Den/Office, Family, Great, Laundry-Inside
  • Interior Features: Built-in Shelves, Closet Cabinets, Elevator, Entry Lvl Lvng Area, Foyer, Kitchen Island, Pantry, Roman Tub, Volume Ceiling, Walk-In Closet
  • Eating Areas: Breakfast Area, Dining-Living, Snack Bar
  • Appliances: Auto Garage Open, Dishwasher, Disposal, Dryer, Freezer, Ice Maker, Microwave, Electric Range, Refrigerator, Smoke Detector, Washer, Water Heater - Elec
  • Furnishings: Furnished, Turnkey
  • Flooring: Ceramic Tile

Rooms

Bathrooms

  • Total Bathrooms: 3
  • Full Bathrooms: 2
  • Half Bathrooms: 1

Bedrooms

  • Total Bedrooms: 2
  • Bedroom/Bathroom: Dual Sinks, Separate Shower, Separate Tub
  • Primary Bedroom: 16 x 15

Other Rooms

  • Living Room: 18 x 15
  • Kitchen: 12 x 12

Additional Information

  • Shared Amenities: Boating, Elevator, Fitness Center, Pool, Sidewalks
  • Shared Pool: Yes
  • Maint. Includes: Insurance (Building), Maintenance (Exterior), Manager, Parking, Pool Service, Roof Maintenance, Water
  • Security/Safety: Gate - Manned, Security Patrol

Exterior

  • Exterior Features: Covered Balcony, Open Balcony

Parking

  • Garage: Yes
  • Garage Spaces: 2
  • Parking Features: 2+ Spaces, Assigned, Covered, Garage - Building

Location

  • Area: 5420, PB20
  • County: Palm Beach
  • Development Name: FLAGLER LANDING
  • Subdivision: Flagler Landing Condo
  • Driving Directions: On Flagler Drive between Palm Beach Lakes Blvd and 45th Street. Located just 2 blocks north of 36th Street, on the east side of Flagler Drive, next to Rybovich Marina. Look for the Gated Entrance

Community

  • Home Owners Assn.: Mandatory
  • Membership: No Membership Available
  • Pets Allowed: Yes
  • Governing Bodies: Condo

Heating & Cooling

  • Cooling Type: Ceiling Fan, Central, Electric
  • Heating Type: Central, Electric

Utilities

  • Utility Description: Cable, Electric, Public Sewer, Public Water, Water Available

Structural Information

  • Description/Design: < 4 Floors, Contemporary
  • Construction: CBS
  • Roof: Composition Shingles
  • Windows: Blinds, Drapes, Impact Glass
  • Square Feet: 1,980
  • Sq. Ft. Source: Floor Plan
  • Year Built: 2007

Unit Information

  • Units in Building: 19
  • Units in Complex: 68
  • Unit Floor in Bldg.: 3
  • Unit Description: Interior Hallway, Lobby

Lot Features

  • Property View: Garden
  • Zoning: RPD(ci
  • Lot Description: East of US-1, Sidewalks

Water Features

  • Water Front Desc.: Intracoastal
  • Boat Dock Slip: Yes
  • Boat Services: Common Dock

Financial Considerations

  • Price Per Sq. Ft.: $403.54
  • Assoc Fee /Month: $1,644
  • Application Fee: $150
  • Tax Amount: $12,070
  • Tax Year: 2024
  • Terms: Cash, Conventional

Disclosures and Reports

  • Special Conditions: Sold As-Is
  • Legal Description: FLAGLER LANDING CONDOMINIUM UNIT 303 BLDG 6 IN OR22094P263 F/K/A UNIT 623
  • Restrictions: Buyer Approval, Interview Required, Lease OK, Tenant Approval
  • APN: 74434310350063030

Listed by Compass Florida LLC

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Listing agents

— 3940 N Flagler Dr #303 —

  • Compass Florida LLC

Get Pre-Approved Today

Be ready to buy your new home!

with our affiliated lender
NMLS#: 1598647

Get Pre-Approved

Be ready to buy your new home!

with our affiliated lender
NMLS#: 1598647

Get Pre-Approved

Schools serving 3940 N Flagler Dr #303

School District:Palm Beach County School District
NameGradesDistance
Northmore Elementary School
4111 North Terrace Drive, West Palm Beach, FL 33407
PK-50.7 mi
John F. Kennedy Middle School, Riviera Beach, FL
1901 Avenue S, Riviera Beach, FL 33404
6-83 mi
Palm Beach Lakes High School
3505 Shiloh Drive, West Palm Beach, FL 33407
9-123.4 mi
Disclaimer: School attendance boundaries provided by Pitney Bowes and are for reference only. Contact the school directly to verify enrollment eligibility.

Price & Sales History for 3940 N Flagler Dr #303 Get Price Alerts and Save Property

Date
Details
Price
Change
Source
10/10/2025
Listed
$799,000
23.88%
MLS
12/15/2023
Sold
$645,000
—
Public Record
Get Price Alerts and Save Property
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.

Tax History for 3940 N Flagler Dr #303

Year
Property Taxes
Change
Tax Assessment
Change
2025
$13,099
9%
$630,000
9%
2024
$12,070
98%
$580,000
77%
2023
$6,094
1%
$328,104
6%
2021
$6,006
—
$309,270
-3%
2022
$6,024
—
$318,548
4%
2021
$6,006
-12%
$305,000
4%
2019
$6,800
8%
$294,257
10%
2018
$6,314
6%
$267,506
10%
2017
$5,947
12%
$243,187
10%
2016
$5,319
3%
$221,079
10%
2015
$5,160
5%
$200,981
10%
2014
$4,926
15%
$182,710
10%
2013
$4,297
—
$166,100
—
View All
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.

Estimate the Cost for 3940 N Flagler Dr #303

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*These costs are estimates, and the interest rates assume exceptional credit standing.

Be ready to buy your new home!

with our affiliated lender
NMLS#: 1598647

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Listed by Compass Florida LLC

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3940 N Flagler Drive, Unit #303, West Palm Beach, FL 33407 (MLS# RX-11131275) is a Condo / Townhouse property with 2 bedrooms, 2 full bathrooms and 1 partial bathroom. 3940 N Flagler Drive, Unit #303 is currently listed for $799,000 and was received on October 10, 2025. Want to learn more about 3940 N Flagler Drive, Unit #303? Do you have questions about finding other Condo / Townhouse real estate for sale in West Palm Beach? You can browse all West Palm Beach real estate or contact a Coldwell Banker agent to request more information.

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