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3 Water Club Way #1902
North Palm Beach, FL 33408
Listing courtesy of Illustrated Properties. Contact: 561-626-7000.
This amazing penthouse suite occupies the entire top floor of Building # 3 at Water Club in North Palm Beach. Enjoy breathtaking views from the Great Room where the East wall is a 42-foot-long by 11-foot-tall wall of glass overlooking the Atlantic Ocean and Lost Tree Village like a postcard. Designed by the owner with the developer prior to construction, this signature property is 1 of 1 with 360-degree views and next level finishes not seen at Water Club. Reading more like an ultra-luxury home in the sky than a condominium, this suite has a great room/kitchen area that would rival the finest area single-family homes. The wood paneled library is a dream workspace with room for a conference table, desk area, reading area, and expansive bookshelves, plus a full private bath. A private gym with half bath, den, guest suite, her office with walk-in closet and bath, powder room, laundry, and two elevator foyers round out the space. Best of all, this penthouse has four assigned parking spaces under the building. Water Club has world class amenities like 24/7 manned and gated security, private elevator lobbies, underground parking, two private clubhouses with bar and billiards table, resort style pools, day dock, lap pool, two fitness centers, with yoga/pilates studio, spa, fire pits, pickleball court, guest suites, and more.
- Principal and interest
- $40,427
- Property tax
- $11,594
- Homeowners insurance
- $5,000
- HOA
- $6,027
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.
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.
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.
This building was built in 2020, 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, 2050. 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.
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.