Alhambra Park
Homes for Sale in West Palm Beach, FL

Alhambra Park is a low-transaction West Palm Beach pocket where pricing and pace hinge on individual property appeal rather than neighborhood-wide trends or common amenities.

BeachesMLS sales records identify 12 homes in Alhambra Park that have changed hands since 2009, built between 1949 and 2018 (median 1954), with a median living area of about 1,991 sq ft and a typical 3-bedroom, 3-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 Alhambra Park across 2024–2025 (8 in 2024, 6 in 2025), median $1.95M — 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.

Alhambra Park is too small for its own price trend, so here is the market around it.

In ZIP 33405, 154 homes are on the market and 30% 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 33405 (West Palm Beach), 554 homes closed in the last 12 months at a median of $670K ($335/sq ft), up 2.0% year over year, with a median 55 days on market. Right now 61 active and 32 pending listings put supply at about 3.7 months — a balanced market. See the live ZIP 33405 housing market and the Palm Beach County market.

ZIP and county figures describe the wider market, not Alhambra Park specifically. Momentum Research analysis of MLS records.

With one closing recorded in the measurement window and no community amenities surfacing in current MLS data, Alhambra Park functions as a collection of individual homes rather than a cohesive, amenity-anchored neighborhood. There is no clubhouse, no pool, no HOA infrastructure to speak of—just a West Palm Beach address and the homes themselves.

That scarcity cuts both ways. For buyers, it means almost no comp density to validate an offer; you'll lean heavily on appraisers pulling from adjacent neighborhoods and on your own tolerance for location over features. For sellers, it means fewer competing listings but also a narrower audience—buyers who prioritize this specific West Palm location and are comfortable with the trade-off of minimal shared amenities and a thin resale market.

This is not a neighborhood where you'll track monthly absorption rates or watch inventory climb and fall. It's a market where each transaction is its own story, and pricing reflects the condition, lot, and timing of that one home rather than a broader trend. If you need liquidity or want to benchmark against a robust set of recent sales, Alhambra Park will frustrate you. If you're buying for location and the right individual property, the lack of competition can work in your favor.

In a low-transaction neighborhood with no amenity story and minimal comp data, you need a broker who can price and position a home on its own merits—and who will pull comps from adjacent West Palm pockets without inflating expectations. Momentum's analysts build valuation models when the MLS comes up short, and our agents know when to tell a buyer that a property is overpriced relative to condition, or a seller that patience and pricing discipline are the only path to a closing. We won't pretend Alhambra Park has a market rhythm it doesn't have, and we won't list a home here without a clear-eyed marketing plan that accounts for the smaller buyer pool.

Confirm the current HOA dues, exactly what they cover, and any CDD bond or special assessment for a specific address before you offer.