Model Land Co
Condos for Sale in West Palm Beach, FL
All 1,756 homes for sale in West Palm Beach, FL · median $322,388 · 166 homes for sale in 33415 · Palm Beach County homes for sale
True comps, carrying-cost math, and listings before the portals.
Market Heat
Photo via Beaches MLS
As of October 2026, Model Land Co in West Palm Beach, FL has 6 homes for sale, asking from $1,716,000 to $7,228,000 (median $2,920,500). Over the 12 months ending 2026-09-20, 9 recorded sales closed at a median of $540,000, $365 per square foot, a median 34 days on market, sellers accepting 98% of original asking (+34% versus the prior year). Homes listed or recently sold were built 1958–2015; 4 of 15 report an HOA (median $3,443/mo); none of the 15 geocoded homes sit in a FEMA special flood hazard zone (median elevation 17 ft). At the median price and Palm Beach County's FY2025-26 rate of 18.72 mills, annual property tax runs about $10,110 ($9,330 with the full homestead exemption).
Homes For Sale Right Now in Model Land Co
Live MLS inventory for Model Land Co. 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 · 132 daysTop listing
Active · 132 days
Active · 132 days
Active · 132 days
Active · 132 days
Active · 132 daysActive and pending Model Land Co listings as of 2026-10-09, 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.
Model Land Co sits in central West Palm Beach with a median of $545K and a price-per-square-foot of $357—both figures reflecting a market that moved 30.9% year-over-year and has compounded 546% since 2012. Eight closings in this window and a median DOM of twelve and a half days tell you this is not a browsing market; it is a decision market. Inventory moves when priced correctly, and buyers who wait to «think about it» typically watch the listing go pending.
The market-heat score of 75 confirms velocity without mania. Sellers have leverage, but not carte blanche; condition, location within the community, and days-on-market discipline still separate competent listings from stale ones. For buyers, theikan constraint is willingness to move at the median or above it—this is not a neighborhood where you negotiate ten percent off ask in sixty days. For sellers, it is about pricing within sight of recent comps and letting the current carry you, not fighting it with aspiration.
Model Land Co right now
🟢 Buyer-leaning market. 9.3 months of supply and 0% 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: High (7 active and pending listings, 9 closed sales in 12 months).
🟢 Still climbing. The trailing-12-month median ($540K) is up 34.0% from the prior 12 months ($403K) and up 571% since 2012. With about a dozen sales a year, a single closing can swing this number, so read the level and the decade, not one year's move.Momentum Research, record-level Beaches MLS closed sales, 12-month windows ending September 20. Confidence: Low (9 and 5 sales in the two windows).
Jump to: Price history & scorecard · Homes for sale · Schools · FAQ
· Updated October 13, 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
Model Land Co market snapshot (as of September 20, 2026): the median sale price is about $540K ($365 per sq ft over the trailing 12 months of closed sales), a median 34 days on market for closed sales, and 9.3 months of supply, a buyer-leaning market. The trailing-12-month median is up 34% from the prior 12 months and up 571% since 2012, computed from record-level Beaches MLS closed sales (9 closings in the current window).
In ZIP 33415 (West Palm Beach), 266 homes closed in the last 12 months at a median of $310K ($230/sq ft), down 4.1% year over year, with a median 53 days on market. Right now 63 active and 20 pending listings put supply at about 5.9 months — a buyer's market. See the live ZIP 33415 housing market and the Palm Beach County market.
County records show 4 qualified sales in Model Land Co across 2024–2024, median $1.35M — the last recorded sale per parcel on the Florida DOR 2025 assessment roll, independent of the MLS.
Model Land Co is a community of 28 homes in West Palm Beach, Palm Beach County, built between 1925 and 2019 (median 1951.5), with a median living area of about 1,846 square feet. 64% of parcels are homesteaded, the owner-occupancy proxy in the Florida DOR assessment roll (2025 roll, public records).
Model Land Co is a West Palm Beach community where velocity and price growth have converged into a narrow decision window and a median that has multiplied more than six-fold over the past fourteen years.
The setting & the homes.
Aerial and on-site photos of Model Land Co. Swipe to explore the community.
Swipe or use the arrows → tap any photo to enlarge
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Model Land Co
Model Land CoPhotos from Beaches MLS listings in Model Land Co; content deemed reliable but not guaranteed.
Who Model Land Co is best for.
Best for
- Buyers with pre-approval in hand and the ability to write within days of first showing, not weeks
- Sellers with well-maintained homes who understand that speed and certainty often outweigh an extra five percent on ask
- Investors or second-home buyers who accept the current median as the entry point and build their return thesis around location, not purchase discount
Probably not for
- Buyers who need extended due diligence, multiple rounds of negotiation, or a month to secure financing
- Sellers testing the market with aspirational pricing twenty percent above recent comps, hoping for an outlier buyer
- Anyone expecting community amenities, resort-style HOA offerings, or shared facilities to justify the price—location is the amenity here
Price History: What Homes Here Have Actually Sold For
Median sale price over the trailing 12 months ending September 20 of each year, from record-level Beaches MLS closed sales. Same methodology as every appreciation figure on this page: the 2026 point ($540K) IS the median in the snapshot above, and the move from 2025 ($403K) IS the +34.0% one-year change.
Windows contain 3 to 22 sales each (9 in the current window); every figure carries its sample size, and thin markets swing on single closings. 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.
18% 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 (2026-10-12).
Model Land Co Market Scorecard
Model Land Co is currently a buyer-leaning market. About 9.3 months of supply, a median asking price of $2,871,000, and homes go under contract in about 132 days.
Go deeper: ZIP market scorecard · county scorecard · true cost calculator · affordability calculator.
Live data: Beaches MLS, refreshed twice daily. Market metrics only; these describe homes for sale and recent sales, not residents.
Model Land Co 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
- Roosevelt · Elementary
- Conniston Community · Middle
- Forest Hill · High
Zoned schools reflect the assignments reported on recent Model Land Co 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 Model Land Co address.
Shop the zone: Homes zoned for Palm Beach Central High School · Homes zoned for Forest Hill High School
The Model Land Co buying strategy.
If we were buying in Model Land Co 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 Model Land Co.
What the numbers tell you about positioning
A median DOM of twelve and a half days is not an accident—it is the result of limited supply meeting steady demand in a city where proximity and walkability command premiums. The $357 per square foot reflects West Palm Beach's broader momentum, and the 30.9% year-over-year swing means that hesitation has had a measurable cost for buyers who delayed even six months. The market-heat score of 75 suggests urgency without panic, but it also means that underpriced listings disappear before most buyers complete their first showing loop.
The 546% gain since 2012 is a compounding story, not a windfall. Early entrants benefited from a long runway of appreciation; today's buyers are purchasing at an established median with less room for error in timing or selection. Eight closings in the current window is a small sample, so individual transactions carry weight—one poorly priced comp can shift perception, and one well-executed sale can reset expectations. The absence of identified community amenities in MLS data means pricing is driven by location, condition, and the inherent value of the West Palm Beach address, not clubhouse perks or HOA-managed pools.
For sellers, the lesson is straightforward: price at or slightly below the median if you want the twelve-day result. Stretch pricing adds weeks and reduces your negotiating position. For buyers, understand that the median is the center of gravity—you may find opportunities below it, but they will require speed, flexibility, or a willingness to take on deferred maintenance. The market rewards decisiveness and punishes overthinking.
The location and the amenities are priced into every listing in Model Land Co. The deal is won or lost on condition, the comps, and the renovation math.
Momentum Buy Score.
Our proprietary 0 to 10 read across the factors that decide how a home in Model Land Co buys, holds, and resells. Momentum Research; not an appraisal.
Momentum Intelligence Scores are our proprietary, qualitative assessment on a 0 to 10 scale, built from the record-level market data on this page. They are a framework for comparing communities, not a guarantee of future value and not advice on a specific home; unlike an automated value estimate they do not price your home, they grade the community on evidence you can inspect. Composite is the plain average of the 5 factors (7.2). Basis: Long-Term Appreciation +571% since 2012; Recent Direction +34.0% year-over-year; Liquidity & Demand 9.3 months of supply; Owner Commitment 64% owner-occupied; Pricing Power 98.2% sale-to-list. Refreshed with each data update.
Why work with Momentum here
In a twelve-day market, the difference between seeing a listing Thursday and writing Friday versus waiting until Monday is the difference between competing and spectating. Momentum's local desk gets you same-day access, comp context before you walk in, and a realistic framework for what it takes to win without overpaying. We will also tell you when a listing is overpriced relative to recent closes and when walking away is the correct move—because in a market this fast, discipline matters more than enthusiasm.
Model Land Co in 15 seconds.
What it really costs to own in Model Land Co 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 $4,208/yr across 9 listings here (MLS tax records, 2026-10-13). |
|---|---|
| HOA dues | Median $3,526/month across 70 MLS listings (most billed monthly; 2026-10-13). 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 1977 across 9 listings. An original roof here would be about 49 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 $4,023/month (tax $351, HOA $3,526, insurance $146). An estimate from the sources above, not a quote.
Ask an agent about Model Land Co Condos for Sale
Have a question about the homes, fees, rules or commute here? A Momentum agent who works Model Land Co Condos for Sale will answer, and the answer is published on this page for the next buyer.
HOA, CDD & Fees
- HOA dues reported around $3,526/month (about $42,312/yr) · median of 70 MLS listings, most billed monthly
- Any club/amenity membership is billed separately
Listings in this community report association dues of about $3,526 per month ($42,312 a year) — the median AssociationFee across 70 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 Model Land Co 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 Model Land Co sales matched to your home.
Price it to the comps and condition, not an automated estimate.
If you are thinking about selling in Model Land Co, the right list price comes from recent comparable sales matched to your home's condition and location, not an automated estimate.
What is your Model Land Co home worth?
Get a no-obligation home value based on real comparable sales in Model Land Co, 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 Model Land Co
Homes in Model Land Co 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.
- 481 S 56th Ter Terrace · off market
| Location | West Palm Beach, Palm Beach County, FL · ZIP 33415, 33444, 33461, 33463 and more |
|---|---|
| Homes in the community | 28 (FL DOR 2025 assessment roll) |
| Years built | 1925–2019 (median 1951.5) |
| Typical living area | 1,846 sq ft (median) |
| Home types (current listings and sales) | single-family 60%, condos 40% |
| Amenities listed by sellers | Elevator(s), Heated Pool, Management, Manager On Site, Parking, Security |
| Sale prices, last 12 months | $540,000 median across 9 closed sales · $365 per sq ft · +34.0% vs the prior 12 months |
| Days on market (closed sales) | 34 median |
| For sale right now | 7 active, 0 pending · median asking $2,871,000 · 9.3 months of supply |
| Owner-occupied (homestead) share | 64% |
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, “Model Land Co key facts,” movewithmomentum.com/neighborhoods/model-land-co, data as of September 20, 2026.
Just listed in Model Land Co Condos for Sale: 7 Units
The newest homes for sale in Model Land Co Condos for Sale: 7 Units right now, newest first. Each link opens the full listing with every photo, the price history and a tour request.
- 400 Hibiscus Street #1901 $4,644,000 · 3 bd · 3.5 ba · 2,140 sq ft · 137 days on market Courtesy of Douglas Elliman
- 400 Hibiscus Street #1202 $2,712,000 · 2 bd · 2.5 ba · 1,603 sq ft · 137 days on market Courtesy of Douglas Elliman
- 400 Hibiscus Street #1503 $2,871,000 · 2 bd · 2.5 ba · 1,446 sq ft · 137 days on market Courtesy of Douglas Elliman
- 400 Hibiscus Street #1105 $1,716,000 · 1 bd · 1.5 ba · 1,078 sq ft · 137 days on market Courtesy of Douglas Elliman
- 400 Hibiscus Street #1606 $2,970,000 · 2 bd · 2.5 ba · 1,563 sq ft · 137 days on market Courtesy of Douglas Elliman
- 400 Hibiscus Street #2403 $7,228,000 · 4 bd · 4.5 ba · 2,962 sq ft · 137 days on market Courtesy of Douglas Elliman
Checked against the MLS Oct 13, 2026. All new listings in this market.
Every Home for Sale in Model Land Co Right Now (6)
All 6 active and pending Model Land Co listings with a detail page, newest first, refreshed twice a day from the MLS.
- 400 Hibiscus Street #1901 · $4,644,000 · 3 bd / 3.5 ba · listed Jul 14, 2026 · listed by Douglas Elliman
- 400 Hibiscus Street #1202 · $2,712,000 · 2 bd / 2.5 ba · listed Jul 14, 2026 · listed by Douglas Elliman
- 400 Hibiscus Street #1503 · $2,871,000 · 2 bd / 2.5 ba · listed Jul 14, 2026 · listed by Douglas Elliman
- 400 Hibiscus Street #1105 · $1,716,000 · 1 bd / 1.5 ba · listed Jul 14, 2026 · listed by Douglas Elliman
- 400 Hibiscus Street #1606 · $2,970,000 · 2 bd / 2.5 ba · listed Jul 14, 2026 · listed by Douglas Elliman
- 400 Hibiscus Street #2403 · $7,228,000 · 4 bd / 4.5 ba · listed Jul 14, 2026 · listed by Douglas Elliman
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Recent Developments in Model Land Co
Development, infrastructure, retail, and school activity affecting Model Land Co, tracked by our team and summarized from public reporting and official sources, with links to the original coverage. Last updated October 2026.
- September 2026Development
Palm Beach County approves $26M deal for 400-room second convention center hotel
Palm Beach County commissioners voted 6-1 to approve a $26 million deal with Related Ross for a 400-room hotel on land adjacent to the county convention center in downtown West Palm Beach. The county would buy the property and lease it back to the developer, and officials estimate about 650 permanent jobs, including roughly 255 hotel jobs. Construction could finish within three years.
What it may mean for the marketAdds hotel capacity and several hundred permanent jobs next to the downtown convention district, supporting nearby dining and retail demand. The site is about 4 miles northeast of Model Land Co.
Source: WPTV - September 2026Parks & Amenities
$280M Palm Beach County parks bond on November ballot would fund fieldhouse, new parks and upgrades
The $280 million bond on the November 3 ballot would be repaid at 5 cents per $1,000 of taxable value over 20 years. Projects include a multisport fieldhouse at Okeeheelee Park, a 125-acre off-highway-vehicle complex near 20-Mile Bend, a 136-acre Sansbury Way Park and a 90-acre Lantana District I Park. The project list may change.
What it may mean for the marketIf approved, the bond would add and upgrade county recreation amenities, including indoor sports space near Okeeheelee Park. The site is about 4 miles southwest of Model Land Co.
Source: Stet News - September 2026Civic
Palm Beach County puts $175M library bond on November 3 ballot to replace Main Library
Voters will decide on November 3 whether to authorize a $175 million library bond. It would fund a roughly $150 million, 150,000-square-foot replacement for the 1972 Main Library on Summit Boulevard, renovations at 18 branches and completion of a 19th branch in Hypoluxo. The bond needs a simple majority.
What it may mean for the marketIf approved, the bond would upgrade public library facilities across the county's library taxing district and add a branch in Hypoluxo. The site is about 2 miles south of Model Land Co.
Source: Hoodline - August 2026Builder Activity
Banyan Tree Residences wins unanimous Downtown Action Committee approval in West Palm Beach
The West Palm Beach Downtown Action Committee unanimously approved a 25-story, 88-condominium project at 400 Hibiscus Street on August 12. Mast Capital and Curated JCZM Development are partnering with Banyan Group. No construction start or completion dates were given.
What it may mean for the marketAdds a small amount of for-sale condominium inventory at the southern edge of downtown West Palm Beach. The site is about 4 miles east of Model Land Co.
Source: Florida YIMBY - August 2026Development
Construction progresses on 10 and 15 CityPlace office towers in downtown West Palm Beach
Related Ross is building two office towers in the CityPlace district totaling nearly one million square feet, including the 25-story 15 CityPlace. Both towers are scheduled for completion in 2027.
What it may mean for the marketRoughly one million square feet of new downtown office space expands the local employment base and daytime demand for nearby dining and retail. The site is about 4 miles northeast of Model Land Co.
Source: Florida YIMBY - July 2026Market
Palm Beach County Total Home Sales Jump for 10th Consecutive Month
Palm Beach County total home sales rose 22.3% year-over-year in June 2026 to 2,456 transactions, with total dollar volume up 53.90% to $2.7 billion. The single-family median sale price increased to $700,000 and the condominium median rose to $325,000.
What it may mean for the marketRising sales volume and median prices signal strengthening demand and higher valuations across the Palm Beach County housing market. The site is about 4 miles northeast of Model Land Co.
Source: MIAMI REALTORS
Summaries reflect public reporting and official sources linked above as of the dates shown. Project details, timelines, and approvals can change. Commentary on potential market effects is general observation, not investment advice or a prediction for any specific property. For the freshest items across the whole region, see This Week in Northeast Florida.
Frequently Asked Questions
What is the median home price in Model Land Co?
How long do homes in Model Land Co take to sell?
Is Model Land Co a buyer's or seller's market right now?
How many homes are in Model Land Co?
What share of Model Land Co is owner-occupied?
When were the homes in Model Land Co built?
Have Model Land Co home prices gone up?
Who is the best real estate agent for Model Land Co?
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Can Momentum Realty connect me with an agent for Model Land Co?
Where is Model Land Co, and what county is it in?
Is Model Land Co a good place to live?
Should you buy in Model Land Co?
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 9, 2026) |
| Community market stats | Beaches MLS closed sales, 12-month windows ending September 20, 2026 |
| Housing stock & ownership | Florida DOR assessment roll (street-list match (1 streets, ZIP 33415/33444/33461/33463/33483)) |
| Under-contract shares | Beaches MLS records, as of 2026-09-20 |
| Historical depth | Closed-sale records back to 2001 (188 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.
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More on Model Land Co Condos for Sale in West Palm Beach
- Home values · What homes in Model Land Co Condos for Sale in West Palm Beach actually sell for
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