Palm Beach Lakes South
Homes for Sale in West Palm Beach, FL
All 1,719 homes for sale in West Palm Beach, FL · median $319,000 · 155 homes for sale in 33407 · Palm Beach County homes for sale
True comps, carrying-cost math, and listings before the portals.
Photo via Beaches MLS
As of September 2026, Palm Beach Lakes South in West Palm Beach, FL has 3 homes for sale. Homes listed or recently sold were built 1959–1961; 4 listings state no HOA; none of the 3 geocoded homes sit in a FEMA special flood hazard zone (median elevation 15 ft).
Part of the Palm Beach Lakes master-planned community in West Palm Beach, FL — see all Palm Beach Lakes homes for sale (9 listings across 4 villages and sections in the MLS).
| Location | West Palm Beach, Palm Beach County, FL · ZIP 33407, 33409 |
|---|---|
| Homes in the community | 356 (FL DOR 2025 assessment roll) |
| Years built | 1957–2024 (median 1968.0) |
| Typical living area | 1,516 sq ft (median) |
| Home types (current listings and sales) | single-family 100% |
| Amenities listed by sellers | None |
| For sale right now | 3 active, 1 pending · median asking $480,000 · 18.0 months of supply |
| Owner-occupied (homestead) share | 74% |
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, “Palm Beach Lakes South key facts,” movewithmomentum.com/neighborhoods/palm-beach-lakes-south, data as of September 20, 2026.
Last 30 days in Palm Beach Lakes South: 1 new listing (median asking $529,900), 1 under contract right now, 1 closed sale (median $399,000). As of September 27, 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.
Palm Beach Lakes South is trading at a median of $352,000 and eighteen days on market—fast enough to signal real buyer interest, but not the frenzy that crushes negotiation. The $253 per square foot puts this community in West Palm's accessible tier, where condition and presentation drive every dollar of variance. Year-over-year the median is down 22.1 percent, a reset that has brought motivated sellers and clarity to pricing conversations.
Three closings in the trailing window is a thin sample, so treat the headline number as directional rather than gospel. What matters more: this is a market where a well-prepared buyer can move decisively and a seller with realistic expectations will find traction. The 296 percent gain since 2012 reflects West Palm's long arc, but right now you're negotiating in a recalibrated environment—not the peak, not the trough, somewhere honest in between.
Palm Beach Lakes South right now
🟢 Buyer-leaning market. 18.0 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 September 28, 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
Palm Beach Lakes South sits in West Palm Beach proper, where the median closed at $352,000 after a year-over-year correction that has brought both clarity and opportunity to the table.
BeachesMLS sales records identify 211 homes in Palm Beach Lakes South that have changed hands since 2006, built between 1953 and 2006 (median 1971), with a median living area of about 1,572 sq ft and a typical 3-bedroom, 2-bath layout; 100% 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 14 qualified sales in Palm Beach Lakes South across 2024–2025 (7 in 2024, 7 in 2025), median $430,000 — 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 Palm Beach Lakes South. Swipe to explore the community.
Swipe or use the arrows → tap any photo to enlarge
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Palm Beach Lakes SouthPhotos from Beaches MLS listings in Palm Beach Lakes South; content deemed reliable but not guaranteed.
Who Palm Beach Lakes South is best for.
Best for
- The buyer prioritizing West Palm employment or airport proximity over resort-style living, willing to trade amenities for location and price.
- The investor or owner-occupant with construction literacy who can underwrite a renovation and capture the spread between distressed and updated.
- The downsizer or first-timer working within a tight budget who values market velocity and can close quickly when the right property surfaces.
Probably not for
- The buyer expecting turnkey luxury or resort amenities at this price point—those properties trade in different West Palm neighborhoods.
- The remote worker seeking a master-planned environment with pools, clubhouses, and walking trails—Palm Beach Lakes South offers none of that infrastructure.
- The risk-averse buyer who needs deep transaction history and stable comps—the thin closings count here requires more interpretive work and agent judgment.
The market around Palm Beach Lakes South
Palm Beach Lakes South is too small for its own price trend, so here is the market around it.
In ZIP 33407, 262 homes are on the market and 37% are under contract — a fast-moving corner of West Palm Beach.
Across Palm Beach County, 10,140 homes are active and 3,201 pending (24% under contract).
In ZIP 33407 (West Palm Beach), 431 homes closed in the last 12 months at a median of $265K ($216/sq ft), up 2.1% year over year, with a median 58 days on market. Right now 94 active and 37 pending listings put supply at about 5.3 months — a buyer's market. See the live ZIP 33407 housing market and the Palm Beach County market.
ZIP and county figures describe the wider market, not Palm Beach Lakes South specifically. Momentum Research analysis of MLS records.
Housing distress & ownership in Palm Beach Lakes South, 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.
Homes For Sale Right Now in Palm Beach Lakes South
Live MLS inventory for Palm Beach Lakes South. 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 · 10 daysTop listingActive · 58 daysPending · 124 daysPending · 2 daysActive and pending Palm Beach Lakes South listings as of 2026-09-26, 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.
Every Home for Sale in Palm Beach Lakes South Right Now (4)
All 4 active and pending Palm Beach Lakes South listings with a detail page, newest first, refreshed twice a day from the MLS.
- 430 N Ware Drive · $350,000 · 3 bd / 2 ba · pending · listed Sep 15, 2026 · listed by EXP Realty LLC
- 413 N Ware Drive · $529,900 · 3 bd / 2 ba · listed Sep 11, 2026 · listed by Beachfront Properties Real Estate LLC
- 336 S Chillingworth Drive · $480,000 · 4 bd / 2 ba · listed Jul 26, 2026 · listed by Clemcole Realty Investment LLC
- 431 S Chillingworth Drive · $399,000 · 4 bd / 2 ba · pending · listed Jun 27, 2026 · listed by D'Alexis Realty Corp
Palm Beach Lakes South 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, tiles © CARTO.
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 Palm Beach Lakes South 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 Palm Beach Lakes South address.
Shop the zone: Homes zoned for Palm Beach Lakes High School
The Palm Beach Lakes South buying strategy.
If we were buying in Palm Beach Lakes South 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 Palm Beach Lakes South.
What you're actually buying
Palm Beach Lakes South occupies established West Palm Beach terrain—no master plan, no amenity center, no HOA newsletter. What you get is location: proximity to downtown employers, the airport, and Southern Boulevard's commercial spine. Homes here span a wide condition range, and that's where price lives. A turnkey property and a fixer two blocks apart will trade at very different multiples of the median.
The per-square-foot median of $253 tells you this is not waterfront Palm Beach, but it's also not the fringe. You're paying for West Palm access without the premium attached to gated enclaves or newer construction farther west. Eighteen days on market means inventory is moving, but there's time to inspect, appraise, and negotiate—a narrow window, not a blind auction.
The year-over-year decline of 22.1 percent reflects the broader Palm Beach County recalibration after the post-pandemic run-up. Sellers who priced to the peak have adjusted or left the market; what remains are deals that pencil. The three closings in our trailing window is a small sample, so verify any offer with live comps and your agent's hyperlocal read. This is not a market you can algorithm your way through.
The location and the amenities are priced into every listing in Palm Beach Lakes South. The deal is won or lost on condition, the comps, and the renovation math.
Why work with Momentum here
Palm Beach Lakes South rewards the buyer who can read condition, understand title nuances, and move when the numbers work—and punishes the one who waits for certainty that never comes. We'll walk the property with you, pull every comparable sale within a half-mile, and tell you when the ask is honest and when it's not. If you're selling, we'll price to the market that exists today, not the one you remember, and we'll stage and market to the specific buyer pool hunting at this price point and location. No hype, no stall—just the deal or the truth that it isn't one.
Palm Beach Lakes South in 15 seconds.
HOA, CDD & Fees
- HOA status not on record. Verify any dues before you offer
- Any club/amenity membership is billed separately
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 Palm Beach Lakes South 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 Palm Beach Lakes South sales matched to your home.
Price it to the comps and condition, not an automated estimate.
If you are thinking about selling in Palm Beach Lakes South, the right list price comes from recent comparable sales matched to your home's condition and location, not an automated estimate.
What is your Palm Beach Lakes South home worth?
Get a no-obligation home value based on real comparable sales in Palm Beach Lakes South, 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 →
23% of homes for sale in ZIP 33409 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 (2026-09-27).
Frequently Asked Questions
Is Palm Beach Lakes South a buyer's or seller's market right now?
How many homes are in Palm Beach Lakes South?
What share of Palm Beach Lakes South is owner-occupied?
When were the homes in Palm Beach Lakes South built?
Who is the best real estate agent for Palm Beach Lakes South?
How do I find a top West Palm Beach real estate agent who knows Palm Beach Lakes South?
Can Momentum Realty connect me with an agent for Palm Beach Lakes South?
Where is Palm Beach Lakes South, and what county is it in?
Should you buy in Palm Beach Lakes South?
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: September 26, 2026) |
| Housing stock & ownership | Florida DOR assessment roll (street-list match (9 streets, ZIP 33407/33409)) |
| Under-contract shares | Beaches MLS records, as of 2026-09-20 |
| Historical depth | Closed-sale records back to 2006 (136 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 →
What’s your home worth in your area?
A real valuation with real comps from a local listing agent, not an instant algorithm. Response within one business day.
See how Palm Beach Lakes South fits the bigger picture — live prices, inventory, and Momentum Scores:
Nearby Communities
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