West Palm Beach Downtown is well-known for super-luxury communities on Flagler Drive, mainly on the west side, with a handful directly on the Intracoastal banks providing unobstructed aqua-outlooks toward the Atlantic Ocean. Indeed, pre-2000 and contemporary new towers hang together to give downtown West Palm Beach a unique feel of eclectic understated wealth. This lofty category includes Bristol, La Clara, Plaza of the Palm Beaches (formally Trump Plaza), Waterview Towers, and Esplanade Grande (to name a few). However, finding any of this select group that can rise valuation-wise to the heady heights of One Watermark Place condos for sale is a challenge. Let's see why.
First, the tower is not an almost historic throwback (although also not a modern edition). It jumped to prominence in 2003 at the corner where the Flagler Memorial Bridge meets the Intracoastal at its west entry point crossing to Palm Beach island. In other words, One Watermark Place(a 15-story building) has no road between it and the water. Next, the architecture was ahead of its time, creating open-plan spaciousness for only 48 units (an average of around three per floor), each with a private elevator lobby and high-tech secure entry. Thirdly, the developers added massive terraces and private balconies, creating model configurations as close to SF estate residences in the sky as one can get. It's not surprising, therefore, that the Builders Association of South Florida awarded One Watermark Place the Gold Award for Overall Building in the Mid and High Rise category when it opened its doors to the market in 2002. Finally, where many mega-luxury condos average around 2,700 square feet under air (UA), this enclave starts at dimensions of 4,100, stretching to 9000+ square feet (UA).
Aside from the features described above, the standard developer handover delivered high-impact glass windows and sliders, fireplaces, and his-and-hers spa-style bathrooms with seamless glass showers. Also, they covered "everything-that-opens-and-shuts" gourmet kitchens enhanced by sleek cabinetry, stainless steel European appliances, a built-in cappuccino maker, and a wine cooler. Then, of course, marble and granite finishes were stunning.
As if the above wasn't enough, numerous residents have upgraded with the latest in onyx, exotic stone, and engineered and solid woods on wide-plank flooring and other surfaces. Moreover, the penthouses contain separate guest quarters and sizable remote working offices with every digital device and app installation. In addition, smart-home electronics are in the mix in most MLS listings.
When prices close in the eight digits, as in One Watermark Place, it's for a good reason. Thus, amenities are the highest caliber (and should be for the $1.55 per square foot of condo ownership monthly HOA fees), embracing:
So, let's look at absolute dollar pricing. In our view, it’s the juggernaut that distinguishes One Watermark Place from the rest. Why? Well, for a start, it's not like these residences enter the MLS every day. For example, we noted only one sold all year in 2022 (approximately 4100 square feet UA) for $8,600,000 - over $2,100 per square foot (UA). However, three others (one 5650 and 5242 x 2 square feet UA) are on the MLS in 2023, asking between $8,900,000 and $12 million. From another angle, they correspond to $1,703 to $2,488 square feet (UA) metrics. Notably, some local towers sell close to the latter but generally around 50% less unit accommodation on the block. That's what makes One Watermark Place genuinely unique in Downtown West Palm Beach.
The location, over and above everything described above, is outstanding - close to The Square, an expansive downtown West Palm Beach shopping center, and Clematis. What does this mean? Simply that supermarkets, coffee shops, delis, bars, scores of restaurants, galleries, bank branches, and live entertainment - you name it, is a short stroll or bike ride up the road. Then, of course, Worth Avenue's high-end retail outlets, white sand beaches, championship golf layouts, tennis and pickleball courts, yacht docking, miles and miles of Intracoastal paths, parks, and more are fifteen minutes away on crossing the bridge. Finally, excellent schools (see below), numerous clinics, an international airport, and a transition to cities like Lake Worth, Delray Beach, or Boca Raton for a night out are as easy as counting 1-2-3.
The sky residences competing with One Watermark Place in West Palm Beach in size and value per square foot are mostly up south. We recommend:
ZFC Real Estate is at the cutting edge of mega-luxury options, as demonstrated above, that includes estate home complexes (such as El Cid, Long Lake Estates, Le Rivage, and Le Lac), country ranches in the city like Horseshoe Acres in Boca and Wellington's Southfields, Palm Beach Point, Saddle Trail Park, and Grand Prix Village running to twenty acres or more at around $1 million - $ 2 million per acre. We also traverse boating neighborhoods and spectacular country clubs. Read our website, then join us to embark on a rewarding journey to your next dream home, even if it means selling the one you're in. We are versatile, tenacious when the right deal sticks out, and dedicated to meeting your needs every time.
One Watermark Place is a condominium building located in West Palm Beach Florida with a range of options priced between $8,495,000 and $11,975,000. There are currently a total of 4 Condos for sale, the smallest condo currently on the market is a three bedroom three bathroom residence that is 4,747 square feet (4,035SF Under Air) and the largest of the condos currently available is a four bedroom five bathroom, 6,437 square foot (5,650SF Under Air) residence. In addition there are numerous other communities in West Palm Beach to choose from, or you may browse all Condos for sale in West Palm Beach. Condos in One Watermark Place are selling quickly, set up a new listing alert and we will notify you immediately when a new listing hits the market. Of course you can always contact your ZFC Real Estate agent who would be happy to assist you further with your search for a Condo in One Watermark Place West Palm Beach.
Where you live in West Palm Beach determines which public schools your children may attend, and this in turn effects real estate values. Condos in One Watermark Place are zoned for the following Palm Beach County school districts:
