Lake Place
Condos for Sale in West Palm Beach, FL
All 1,782 homes for sale in West Palm Beach, FL · median $324,900 · 887 condos for sale in West Palm Beach · 318 homes for sale in 33401 · Palm Beach County homes for sale
True comps, carrying-cost math, and listings before the portals.
Photo via Beaches MLS
As of October 2026, Lake Place in West Palm Beach, FL has 4 homes for sale and 1 pending, asking from $225,000 to $5,750,000 (median $232,444). Homes listed or recently sold were built 1948–2026 with 2 new construction; 6 of 10 report an HOA (median $670/mo); none of the 10 geocoded homes sit in a FEMA special flood hazard zone (median elevation 17 ft).
Last 30 days in Lake Place: 2 new listings (median asking $2,987,500), 1 under contract right now, 1 closed sale (median $1,290,000). As of October 17, 2026, All listings featuring the BMLS logo are provided by BeachesMLS, Inc. This information is not verified for authenticity or accuracy and is not guaranteed. Copyright © 2026 BeachesMLS, Inc.
Homes For Sale Right Now in Lake Place
Live MLS inventory for Lake Place. Every active listing, what is under contract right now, and the last 12 months of closed sales, refreshed twice a day. Closed comps beat an algorithm's guess every time.
Active · 199 daysTop listing
Active · 103 days
Pending · 194 daysActive and pending Lake Place listings as of 2026-10-15, priced high to low. All listings featuring the BMLS logo are provided by BeachesMLS, Inc. This information is not verified for authenticity or accuracy and is not guaranteed. Copyright © 2026 BeachesMLS, Inc. Tap any home to ask about it.
Lake Place is a West Palm Beach enclave trading at a $1.05 million median on just five days to contract—an institutional-speed clearance rate that tells you inventory is scarce and buyer competition is real. At $799/ft², homes here command a premium reflective of location, condition, or both; this is not a commodity product.
The 19.5% year-over-year price decline is the headline risk. Three closings is a thin sample, but the velocity says demand persists even as pricing resets. Sellers who chase last year's comps will sit; buyers willing to move on well-priced listings are getting deals done fast.
Lake Place right now
🟢 Buyer-leaning market. 7.2 months of supply and 25% of the inventory already under contract give buyers above-average negotiating leverage.Why it matters: months of supply is how long today's inventory would last at today's sales pace; under-contract share is the portion of homes for sale that already have a buyer.Momentum Research analysis of Beaches MLS records, as of September 20, 2026. Confidence: Medium (4 active and pending listings, 2 closed sales in 12 months).
Jump to: Price history & scorecard · Homes for sale · Schools · FAQ
· Updated October 16, 2026 · Live data: Beaches MLS, refreshed twice daily · MLS facts carry their source; interpretation lines are Momentum Research · Data sources & freshness
The 60-Second Overview
Lake Place is a low-inventory West Palm Beach pocket where the median home moves in under a week, priced in the seven figures per square foot, with recent closings reflecting a sharp correction from prior peaks.
BeachesMLS sales records identify 25 homes in Lake Place that have changed hands since 2006, built between 1924 and 2025 (median 1954), with a median living area of about 1,573 sq ft and a typical 3-bedroom, 2-bath layout; 92% are single-family homes. Source: BeachesMLS closed-sale history compiled by Momentum Research; counts reflect homes with a recorded MLS sale, not every home in the community.
County records show 8 qualified sales in Lake Place across 2024–2025 (4 in 2024, 4 in 2025), median $1.27M — the last recorded sale per parcel on the Florida DOR 2025 assessment roll, independent of the MLS.
Pre-construction details are compiled from public records, builder announcements and builder listings, and are subject to change without notice; figures are deemed reliable but not guaranteed. Momentum Research figures are our own analysis. This page describes homes, pricing and community attributes, not residents.
The setting & the homes.
Aerial and on-site photos of Lake Place. Swipe to explore the community.
Swipe or use the arrows → tap any photo to enlarge
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Lake PlacePhotos from Beaches MLS listings in Lake Place; content deemed reliable but not guaranteed.
Who Lake Place is best for.
Best for
- Cash or pre-approved buyers ready to write within days of seeing the right home
- Investors or relocators prioritizing West Palm proximity and willing to pay for scarcity
- Buyers comfortable with a volatile pricing environment if it means low days-on-market and little competition once positioned
Probably not for
- Buyers requiring shared amenities, resort-style infrastructure, or community programming
- Anyone expecting stable year-over-year appreciation or a predictable price floor based on recent history
- Shoppers who need weeks to decide or prefer multiple rounds of negotiation—listings here do not wait
The market around Lake Place
Lake Place is too small for its own price trend, so here is the market around it.
In ZIP 33401, 372 homes are on the market and 21% are under contract — a steady corner of West Palm Beach.
Across Palm Beach County, 10,140 homes are active and 3,201 pending (24% under contract).
In ZIP 33401 (West Palm Beach), 772 homes closed in the last 12 months at a median of $412K ($363/sq ft), up 0.7% year over year, with a median 62 days on market. Right now 136 active and 43 pending listings put supply at about 4.5 months — a buyer's market. See the live ZIP 33401 housing market and the Palm Beach County market.
ZIP and county figures describe the wider market, not Lake Place specifically. Momentum Research analysis of MLS records.
Lake Place on the map.
Every active, pending, and recently sold home, plotted. Toggle the layers and tap a home for the details.
Listing locations from Beaches MLS. Map data © OpenStreetMap contributors.
Schools
- Palm Beach County Public Schools
- Verify the zoned schools by address
- Magnet and choice options may be available
- Westward · Elementary
- Bear Lakes · Middle
- Palm Beach Lakes · High
Zoned schools reflect the assignments reported on recent Lake Place listings and can change; always confirm with Palm Beach County Public Schools for a specific address.
Buying with schools in mind? We can confirm the exact zoned schools for any Lake Place address.
Shop the zone: Homes zoned for Forest Hill High School · Homes zoned for Palm Beach Lakes High School
The Lake Place buying strategy.
If we were buying in Lake Place today, this is the order of operations we would run for our clients.
Underwrite the condition first. Price the roof, HVAC, and systems honestly before judging any list price; condition swings value here more than square footage alone.
Match the home to real comps. Recent sales of similar condition and lot, not the asking price, tell you what a home is worth.
Use your leverage. With inventory sitting, there is room to negotiate on anything dated or overpriced and to ask for repairs or a rate buydown.
Line up financing and inspection early. A pre-approval and an inspection plan let you act fast and negotiate from evidence.
Keep an agent in your corner. The listing agent works for the seller; we represent you and prepare a hand-built valuation before any offer in Lake Place.
Speed, scarcity, and the price correction
Five days on market is not normal—it's what happens when available supply is minimal and the product appeals to a narrow but motivated cohort. Lake Place does not flood the MLS; when a well-prepared home hits, it moves. The million-dollar median and $799/ft² price point suggest updated interiors, desirable lot characteristics, or proximity to West Palm's core amenities. Without community pools, clubhouses, or other shared infrastructure identified in current listings, the value proposition here is the real estate itself: the home, the parcel, the address.
The year-over-year decline deserves context. A double-digit percentage drop on a high base can still leave pricing well above historical norms, and the speed of absorption indicates the market has found a clearing price buyers accept. This is not a distressed or stagnant pocket—it's one that repriced and kept moving. For sellers, that means realistic pricing is non-negotiable; for buyers, it means competition remains despite the correction, and hesitation costs opportunities.
The location and the amenities are priced into every listing in Lake Place. The deal is won or lost on condition, the comps, and the renovation math.
Why work with Momentum here
In a sub-market this fast and this thin, representation quality determines outcome. Momentum's broker team monitors every Lake Place listing the day it goes active, underwrites comparables with forensic precision, and moves clients into contract before the weekend open house crowd arrives. We also counsel sellers candidly: if your pricing is backward-looking, we will tell you before you go live and waste thirty days. Speed and honesty are the only edge that matters here.
Lake Place in 15 seconds.
What it really costs to own in Lake Place Condos for Sale
The parts of the monthly number a mortgage calculator leaves out, from the tax roll, the MLS, Citizens and FEMA. Property facts only.
| Property tax | Current owners' bills run a median of $3,571/yr across 10 listings here (MLS tax records, 2026-10-16). |
|---|---|
| HOA dues | Median $670/month across 95 MLS listings (most billed monthly; 2026-10-15). Dues cover what the documents say they cover; ask for the budget and reserve study. |
| Home and flood insurance | The average Citizens Property Insurance premium in Palm Beach County is $1,753/yr (18,387 policies, Citizens detail by county, April 2026); private-market quotes depend on roof age, wind mitigation and construction. |
| Roof and age | Median build year 1992 across 10 listings. An original roof here would be about 34 years old; under Florida's 2022 reform (SB 2-D) carriers may require an inspection past 15 years, so budget for a roof report, and for replacement where it fails. |
Estimated carrying cost at the median asking price, before the mortgage: about $1,114/month (tax $298, HOA $670, insurance $146). An estimate from the sources above, not a quote.
Email me new listings in Lake Place Condos for Sale
One e-mail a day, only when a home lists here, with price, beds, baths and a link to every listing. Straight from the MLS feed; no account needed.
Ask an agent about Lake Place Condos for Sale
Have a question about the homes, fees, rules or commute here? A Momentum agent who works Lake Place Condos for Sale will answer, and the answer is published on this page for the next buyer.
HOA, CDD & Fees
- HOA dues reported around $670/month (about $8,040/yr) · median of 95 MLS listings, most billed monthly
- Any club/amenity membership is billed separately
Listings in this community report association dues of about $670 per month ($8,040 a year) — the median AssociationFee across 95 MLS records, normalised to a monthly figure; most are billed monthly. Dues change with budgets and can differ by section or product type; confirm the current figure with the association before you offer. Source: MLS listing records, 2026-10.
Confirm the current HOA dues, exactly what they cover, and any CDD bond or special assessment for a specific address before you offer.
Tools for a Lake Place buy.
Free calculators to pressure-test the real cost before you tour.
Selling here is won on condition and pricing to real comps, not an automated estimate. The right number comes from closed Lake Place sales matched to your home.
Price it to the comps and condition, not an automated estimate.
If you are thinking about selling in Lake Place, the right list price comes from recent comparable sales matched to your home's condition and location, not an automated estimate.
What is your Lake Place home worth?
Get a no-obligation home value based on real comparable sales in Lake Place, not an automated guess. Tell us about your home and we will personally prepare your numbers and a pricing strategy. No obligation, no spam.
See all homes for sale in West Palm Beach →
Recently off market in Lake Place
Homes in Lake Place that recently left the market. Each address opens its public-record profile: county-recorded value, property taxes, the last recorded sale, community sales history, and what is for sale nearby now. 1 on record.
- 141 Rutland Boulevard · off market
| Location | West Palm Beach, Palm Beach County, FL · ZIP 33401, 33405 |
|---|---|
| Homes in the community | 37 (FL DOR 2025 assessment roll) |
| Years built | 1925–2025 (median 1954) |
| Typical living area | 1,536 sq ft (median) |
| Home types (current listings and sales) | condos 60%, single-family 40% |
| Amenities listed by sellers | Pool, Clubhouse, Fitness Center, Tennis Court(s), Gated - No Guard, Parking |
| For sale right now | 3 active, 1 pending · median asking $243,000 · 7.2 months of supply |
| Owner-occupied (homestead) share | 72% |
Data as of September 20, 2026. All listings featuring the BMLS logo are provided by BeachesMLS, Inc. This information is not verified for authenticity or accuracy and is not guaranteed. Copyright © 2026 BeachesMLS, Inc; housing-stock figures from Florida Department of Revenue public records. Market figures describe homes, not residents. Cite as: Momentum Realty, “Lake Place key facts,” movewithmomentum.com/neighborhoods/lake-place, data as of September 20, 2026.
Housing distress & ownership in Lake Place, West Palm Beach
Who owns here, how much is not owner-occupied, and how much for-sale inventory is under distress.
Source: Momentum Realty Research. Ownership & parcels from the FL DOR 2025 tax roll; distress from MLS active-listing status/remarks; price from MLS closed sales. All listings featuring the BMLS logo are provided by BeachesMLS, Inc. This information is not verified for authenticity or accuracy and is not guaranteed. Copyright © 2026 BeachesMLS, Inc. Deemed reliable but not guaranteed.
Just listed in Lake Place
The newest homes for sale in Lake Place right now, newest first. Each link opens the full listing with every photo, the price history and a tour request.
- 228 Rutland Boulevard $5,750,000 · 4 bd · 4.5 ba · 4,365 sq ft · 2 days on market Courtesy of Brown Harris Stevens of PB
- 616 Executive Center Drive #107 $225,000 · 2 bd · 2 ba · 770 sq ft · 10 days on market Courtesy of Avanti Way Realty LLC
- 612 Executive Center Drive #107 $226,888 · 2 bd · 2 ba · 770 sq ft · 105 days on market Courtesy of LoKation
- 602 Executive Center Drive #Unit 105 $238,000 · 2 bd · 2 ba · 770 sq ft · 201 days on market Courtesy of The Keyes Company
Checked against the MLS Oct 16, 2026. All new listings in this market.
Every Home for Sale in Lake Place Right Now (5)
All 5 active and pending Lake Place listings with a detail page, newest first, refreshed twice a day from the MLS.
- 228 Rutland Boulevard · $5,750,000 · 4 bd / 4.5 ba · listed Oct 14, 2026 · listed by Brown Harris Stevens of PB
- 616 Executive Center Drive #107 · $225,000 · 2 bd / 2 ba · listed Oct 7, 2026 · listed by Avanti Way Realty LLC
- 602 Executive Center Drive #Unit 105 · $238,000 · 2 bd / 2 ba · listed Jul 16, 2026 · listed by The Keyes Company
- 612 Executive Center Drive #107 · $226,888 · 2 bd / 2 ba · listed Jul 16, 2026 · listed by LoKation
- 261 Rutland Boulevard · $5,995,000 · 5 bd / 5.5 ba · pending · listed Jul 16, 2026 · listed by Simon Isaacs Real Estate LLC
Recently sold in Lake Place
- 141 Rutland Boulevard · sold $1,290,000
- 614 Executive Center Drive #102 · sold $202,500
Closed sales from the MLS; each page shows the sold price, taxes and value history.
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17% of homes for sale in ZIP 33401 are already under contract (under contract ÷ under contract + active listings) — a read on how much of the available inventory buyers have already claimed. Source: MLS data (2026-10-15).
Frequently Asked Questions
Is Lake Place a buyer's or seller's market right now?
How many homes are in Lake Place?
What share of Lake Place is owner-occupied?
When were the homes in Lake Place built?
Who is the best real estate agent for Lake Place?
How do I find a top West Palm Beach real estate agent who knows Lake Place?
Can Momentum Realty connect me with an agent for Lake Place?
Where is Lake Place, and what county is it in?
Should you buy in Lake Place?
An honest fit check. We will tell you when it is not your community.
Data sources & freshness
| Live listings | Beaches MLS, refreshed twice daily (last: October 15, 2026) |
| Housing stock & ownership | Florida DOR assessment roll (street-list match (1 streets, ZIP 33401/33405)) |
| Under-contract shares | Beaches MLS records, as of 2026-09-20 |
| Historical depth | Closed-sale records back to 2001 (39 transactions analyzed) |
Verify the primary sources yourself: Florida DOR · U.S. Census · FEMA flood maps · Citizens Property Insurance.
Momentum Research figures are our own analysis of Beaches MLS records; MLS data is deemed reliable but not guaranteed. Methodology: how Momentum market scores are computed. Market metrics describe homes for sale and recent sales, not residents.
Own a home here?
You just read the data. Now see what your home is worth.
The numbers on this page move markets in the aggregate. The number that matters to you is what a buyer pays for your address. Momentum sells for 1.25% above the Beaches MLS member average and 8 days faster, and we’ll price yours against live local comps.
Looking to buy here? Search homes for sale →
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See how Lake Place fits the bigger picture — live prices, inventory, and Momentum Scores:
More on Lake Place Condos for Sale in West Palm Beach
- Home values · What homes in Lake Place Condos for Sale in West Palm Beach actually sell for
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