Elwa Place
Homes for Sale in West Palm Beach, FL
All 1,719 homes for sale in West Palm Beach, FL · median $319,000 · 112 homes for sale in 33405 · Palm Beach County homes for sale
True comps, carrying-cost math, and listings before the portals.
Photo via Beaches MLS
As of September 2026, the MLS records 11 closed sales in Elwa Place in West Palm Beach, FL since 2001, the most recent in May 2026. Across West Palm Beach as a whole, 1,630 homes closed in the last 12 months at a median of $415,000, 59 median days on market, with 663 homes for sale today. At that median and Palm Beach County's FY2025-26 rate of 18.72 mills, annual property tax runs about $7,770 ($6,990 with the full homestead exemption).
| Location | West Palm Beach, Palm Beach County, FL · ZIP 33405 |
|---|---|
| Homes in the community | 22 (FL DOR 2025 assessment roll) |
| Years built | 1955–2023 (median 1959) |
| Typical living area | 2,234 sq ft (median) |
| Amenities listed by sellers | Security System |
| For sale right now | 0 active, 0 pending |
| Owner-occupied (homestead) share | 77% |
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, “Elwa Place key facts,” movewithmomentum.com/neighborhoods/elwa-place, data as of September 20, 2026.
Last 30 days in Elwa Place: 1 new listing (median asking $2,995,000). As of September 26, 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.
Elwa Place is a small West Palm Beach pocket, and with no community amenities identified from current MLS listings, price here is driven almost entirely by the individual property — condition, lot, updates, and how a given home has been maintained. There is no clubhouse, pool, or gated entry doing any of the pricing work, so what you pay tracks what you can see and touch.
For buyers, that means the homework is on the house itself: two listings on the same street can sit far apart on price for reasons that come down to renovation and upkeep. For sellers, it means condition is your lever. Presentation and honest pricing move a property here; there is no shared amenity story to lean on.
Nearby homes for sale
No active listings inside Elwa PlaceHomes for Sale in West Palm Beach, FL right now. These are the 6 closest homes on the market, by straight-line distance from the community's center; some may sit just outside its boundary.
Listing data from the MLS feeds named on each listing page; deemed reliable but not guaranteed. Refreshed nightly.
The 60-Second Overview
Elwa Place is a compact West Palm Beach neighborhood in Palm Beach County with no shared community amenities on current listings, so it lives and dies on location and the merits of each individual home rather than a lifestyle package.
BeachesMLS sales records identify 8 homes in Elwa Place that have changed hands since 2003, built between 1955 and 2023 (median 1956), with a median living area of about 2,241 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.
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.
Who Elwa Place is best for.
Best for
- Buyers targeting a particular home and location in West Palm Beach rather than a lifestyle package
- Renovation-minded buyers comfortable underwriting a property on condition and upside
- Buyers who do not want to pay HOA dues toward shared amenities
Probably not for
- Buyers who want on-site amenities like a pool, clubhouse, or gated access
- Buyers who want tightly comparable pricing across near-identical homes
- Buyers unwilling to scrutinize condition on a house-by-house basis
The market around Elwa Place
Elwa Place 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 Elwa Place specifically. Momentum Research analysis of MLS records.
Housing distress & ownership in Elwa 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.
Homes For Sale Right Now in Elwa Place
Live MLS inventory for Elwa 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 and pending Elwa Place 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 Elwa Place Right Now (1)
All 1 active and pending Elwa Place listings with a detail page, newest first, refreshed twice a day from the MLS.
- 246 Elwa Place · $2,995,000 · 3 bd / 3 ba · listed Sep 22, 2026 · listed by Douglas Elliman
Schools
- Palm Beach County Public Schools
- Verify the zoned schools by address
- Magnet and choice options may be available
- South Olive · Elementary
- Conniston Community · Middle
- Forest Hill · High
Zoned schools reflect the assignments reported on recent Elwa 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 Elwa Place address.
The Elwa Place buying strategy.
If we were buying in Elwa 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.
Move deliberately, not desperately. Neither side has a decisive edge, so a well-prepared, fairly-priced offer wins without overpaying.
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 Elwa Place.
A house-by-house market
Because there are no community amenities to standardize value, expect a wide spread between the most and least updated homes in Elwa Place. The median is a starting reference, not a rule — a heavily renovated property and a fixer can both trade in the same neighborhood at very different numbers. Underwrite the specific home, not the ZIP code.
Location does the heavy lifting here. Elwa Place sits within West Palm Beach and Palm Beach County, and its value proposition is proximity and the individual property rather than on-site facilities. If you want a community built around shared amenities, this is not that; if you want a specific house in a specific spot, this is where the analysis belongs.
The location and the amenities are priced into every listing in Elwa Place. The deal is won or lost on condition, the comps, and the renovation math.
Why work with Momentum here
In a market where price comes down to the individual home rather than a community package, our job is to read condition against price on each property and tell you where a number is justified and where it is not. We work West Palm Beach and Palm Beach County listings directly, and we will tell you plainly when a home in Elwa Place is worth pursuing and when it is not.
Elwa Place 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 Elwa 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 Elwa Place sales matched to your home.
Price it to the comps and condition, not an automated estimate.
If you are thinking about selling in Elwa 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 Elwa Place home worth?
Get a no-obligation home value based on real comparable sales in Elwa 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 →
25% of homes for sale in ZIP 33405 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
How many homes are in Elwa Place?
What share of Elwa Place is owner-occupied?
When were the homes in Elwa Place built?
Who is the best real estate agent for Elwa Place?
How do I find a top West Palm Beach real estate agent who knows Elwa Place?
Can Momentum Realty connect me with an agent for Elwa Place?
Where is Elwa Place, and what county is it in?
Should you buy in Elwa 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: September 26, 2026) |
| Housing stock & ownership | Florida DOR assessment roll (street-list match (1 streets, ZIP 33405)) |
| Under-contract shares | Beaches MLS records, as of 2026-09-20 |
| Historical depth | Closed-sale records back to 2001 (11 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 Elwa Place fits the bigger picture — live prices, inventory, and Momentum Scores:
Nearby Communities
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