Atlantic Luxury AdvisorsKeller Williams Realty Services

63 photos

1 Water Club Way #PH2204

North Palm Beach, FL 33408

$3,750,000
4
4
2,602 sq ft
2016
2 car
Condominium
$1,578/mo
Yes
Yes
15
Active

Listing courtesy of Douglas Elliman. Contact: [email protected].

About this home

Rarely available, fully upgraded Penthouse Residence at Water Club ~ An opportunity to experience one of the building's most exclusive views. Positioned on the 22nd floor, this move in ready residence offers more than 3000 square feet of combined interior and outdoor living space. This 4 bedroom, 4 full bath residence spans the full width of the building, from ocean and Intracoastal sunrises on the east to golden sunsets on the west. Arrive through a private elevator lobby, providing an enhanced sense of privacy. 9'10" ceilings and floor to ceiling glass elevate the main living spaces, filling the interior with natural light and opening to expansive terraces for seamless indoor outdoor resort-style living, while marble flooring runs throughout the residence, complemented by marble showers in all bathrooms. Penthouse 2204 features a luxurious customized gourmet kitchen with sleek, bright white and glass European-style cabinetry and premium stainless-steel appliances, including a built-in wall oven and microwave, smooth top cooktop with modern vent hood, and a double wide Jenn Air side by side refrigerator, finished with a custom coastal dolphin kitchen backsplash and a new KitchenAid dishwasher. The adjoining living room opens to a 444 SF east-facing terrace overlooking the Intracoastal Waterway and the Atlantic Ocean beyond. Imagine your morning coffee as the sun rises over the water, with automated blinds that respond to your touch when you want to soften the light. A second terrace off the west-facing guest suite invites you to enjoy the gorgeous Florida sunsets. The spa like primary bath has been upgraded to feature an oversized, double wide, multi-jet Jacuzzi tub with 30 jets and three powerful water pumps, a smart bidet toilet, and an extensive custom-built primary dressing room and closet. Residence PH2204 features premium upgrades like a whole home water filtration and softening system enhanced by a dedicated pressure booster, delivering strong water pressure throughout the residence. Additional features include a new 80-gallon water heater, new GE front-load washer and dryer with folding station, and a purifying reverse osmosis drinking water system. Enjoy two assigned parking spaces in a premier location close to the elevator, with wiring for EV charging. This residence also comes with a rare, extra-large 126 SF private penthouse storage room with nearly 8-foot ceilings. Water Club is an established, guard-gated waterfront community, offering exclusive amenities including two resort-style pools and a lap pool, two hot tubs, a private marina with a community day dock at Slip 18, a fitness center, spa facilities with sauna, a waterfront clubhouse with full bar, billiard table and oversized indoor-outdoor lounge, two fire pits, pickleball courts, guest suites, underground parking, and 24 hour concierge service. This pet friendly community welcomes large dogs and features a dedicated dog park area. Ideally located just off PGA Boulevard, Water Club offers convenient access to dining and golf, just 15 minutes from Palm Beach International Airport. Residents can also enjoy special rates at the North Palm Beach Country Club.

Virtual tour
What it costs to own
Estimated monthly payment
$28,289/mo
Principal and interest
$18,962
Property tax
$5,407
Homeowners insurance
$2,342
HOA
$1,578

An estimate, not a loan offer. The rate and insurance are assumptions to edit with your own quotes; Florida insurance varies widely by age, construction and distance to the coast. Flood insurance and PMI are not included.

Florida cost of ownership
Estimated property tax
$64,878/yr

Estimate: the price times the Palm Beach County average total millage (17.49 mills, Florida Department of Revenue, 2025 average total millage by county), less the homestead exemptions. The actual bill depends on the city, the assessed value and special assessments. Save Our Homes then caps annual assessment increases at 3% or inflation, whichever is lower.

The full yearly cost of owning this home: property tax levy by levy from the published millage of the parcel’s taxing district (a mailing city is not always inside its city limits), the Save Our Homes cap, HOA and the insurance quotes to get.

HOA
$1,578/mo (from the listing)
FEMA flood zone
Lookup unavailable. Check the FEMA map
Hurricane evacuation zone
Lookup unavailable. Know your zone

Sources: FEMA National Flood Hazard Layer and the Florida Division of Emergency Management evacuation zones, looked up at the listing point. Confirm with an elevation certificate and your insurer.

Florida condo safety laws

This building was built in 2016, according to the county property appraiser.

If it has three or more habitable stories, Florida law (s. 553.899, F.S.) requires a milestone structural inspection by December 31 of the year it reaches 30 years of age, then every 10 years; for a building of this age the first one is due by December 31, 2046. A local building official may require it at 25 years near salt water.

Condominium buildings of three or more stories also need a structural integrity reserve study (s. 718.112(2)(g), F.S.) at least every 10 years; associations formed on or before July 1, 2022 had to complete one by December 31, 2025.

Dates follow from the statutes and the year the county appraiser lists for the building, not from the association's records. Ask the association for its milestone inspection report, its most recent structural integrity reserve study and any approved or proposed special assessments, and review them before you buy.

Location
Location from the listing's MLS coordinatesMap data © OpenStreetMap contributors

Listing data provided by the Southeast Florida Multiple Listing Service (MIAMI REALTORS®). The data is deemed reliable but is not guaranteed accurate by the MLS. IDX information is provided exclusively for consumers' personal, non-commercial use, may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing, and is deemed reliable but is not guaranteed accurate by the MLS. Atlantic Luxury Advisors is a real estate team at Keller Williams Realty Services. Payment, tax and flood figures on this page are estimates by Atlantic Luxury Advisors, not MLS data.