Model Land Co
Condos for Sale in West Palm Beach, FL
All 1,712 homes for sale in West Palm Beach, FL · median $319,000 · 158 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 September 2026, Model Land Co in West Palm Beach, FL has 7 homes for sale, asking from $1,716,000 to $7,228,000 (median $2,871,000). 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 16 report an HOA (median $3,443/mo); 1 of the 7 geocoded homes sit in a FEMA special flood hazard zone (median elevation 14 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).
| 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 62%, condos 38% |
| 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.
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 · 114 daysTop listingActive · 114 days
Active · 114 days
Active · 114 days
Active · 114 days
Active · 178 days
Active · 114 daysActive and pending Model Land Co listings as of 2026-09-22, 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 Model Land Co Right Now (7)
All 7 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 Jun 25, 2026 · listed by Douglas Elliman
- 400 Hibiscus Street #1202 · $2,712,000 · 2 bd / 2.5 ba · listed Jun 25, 2026 · listed by Douglas Elliman
- 400 Hibiscus Street #1503 · $2,871,000 · 2 bd / 2.5 ba · listed Jun 25, 2026 · listed by Douglas Elliman
- 400 Hibiscus Street #1105 · $1,716,000 · 1 bd / 1.5 ba · listed Jun 25, 2026 · listed by Douglas Elliman
- 400 Hibiscus Street #1606 · $2,970,000 · 2 bd / 2.5 ba · listed Jun 25, 2026 · listed by Douglas Elliman
- 400 Hibiscus Street #2403 · $7,228,000 · 4 bd / 4.5 ba · listed Jun 25, 2026 · listed by Douglas Elliman
- 481 S 56th Ter Terrace · $1,750,000 · 5 bd / 4 ba · listed Jun 25, 2026 · listed by 4ever Homes Realty LLC
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 September 24, 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 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.
22% 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 (2026-09-24).
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 114 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, tiles © CARTO.
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 Forest Hill High School · Homes zoned for Palm Beach Central High School
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 August 2026.
- 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 - July 2026Development
The Berkeley Palm Beach Breaks Ground at 550 South Australian Avenue in West Palm Beach
The Berkeley Palm Beach broke ground on a 25-story tower with 193 condominium residences at 550 South Australian Avenue overlooking Clear Lake, developed by Al Adelson with Arquitectonica as designer. Sales have exceeded $120 million and completion is anticipated in 2029.
What it may mean for the marketA new 25-story condominium tower adds high-end for-sale housing supply to the downtown West Palm Beach market and continues vertical development along the Clear Lake waterfront. The project is about 3 miles northeast of Model Land Co, elsewhere in Palm Beach County.
Source: Florida YIMBY - June 2026Development
Developers Plan Two 31-Story Towers for 2085 N Flagler Dr, West Palm Beach
Terra and BH Group filed plans for 281 residential condominiums across two 31-story towers on a 1.55-acre site at 2085 N Flagler Drive in West Palm Beach. The nearly 440,000-square-foot project includes about 4,385 square feet of retail and 362 parking spaces.
What it may mean for the marketTwo proposed 31-story towers would add for-sale condominium supply and ground-floor retail along the North Flagler Drive waterfront in West Palm Beach. The project is about 5 miles northeast of Model Land Co, elsewhere in Palm Beach County.
Source: Florida YIMBY - June 2026Development
Alton Delray in Delray Beach Breaks Ground with $92 Million Construction Loan
Kolter Multifamily broke ground on Alton Delray, a 386-unit multifamily community across six-story buildings on a 12.31-acre former industrial site at 2101 S. Congress Avenue, backed by a $92 million construction loan from Madison Realty Capital. The plan includes 154 workforce housing units under Florida's Live Local Act and 232 market-rate units, with delivery expected in late 2027.
What it may mean for the marketA 386-unit rental community converts a former industrial parcel into new multifamily supply on the Congress Avenue corridor and adds workforce and market-rate housing to the Delray Beach market. The project is about 17 miles south of Model Land Co, elsewhere in Palm Beach County.
Source: Florida YIMBY - June 2026Development
300-Unit 'The Pierce' Slated for Summer Groundbreaking at 115 N. Federal Highway, Boynton Beach
Affiliated Development's The Pierce, a mixed-use project with 300 apartments and 17,015 square feet of retail at 115 N. Federal Highway in downtown Boynton Beach, is slated to start construction in summer 2026. The unit mix includes 150 market-rate apartments and 150 workforce housing units for households earning 80 to 120% of area median income, with 587 parking spaces.
What it may mean for the marketA 300-unit mixed-use project adds rental housing and retail to downtown Boynton Beach and advances redevelopment along the North Federal Highway corridor. The project is about 11 miles south of Model Land Co, elsewhere in Palm Beach County.
Source: Florida YIMBY - May 2026Development
25-Story Mixed-Use Tower to Feature Workforce Housing at 120 S Dixie Hwy, West Palm Beach
Developer Jeff Greene proposed a 25-story tower with 399 apartments at 120 S Dixie Highway in downtown West Palm Beach, with about 160 units set aside for households earning at or below 120% of area median income. The plan includes 7,550 square feet of retail and 236 parking spaces and was reviewed by the city's Plans and Plats Review Committee on May 14.
What it may mean for the marketA proposed 25-story mixed-use tower would add rental housing, including income-restricted units, plus retail space to the downtown West Palm Beach market on the South Dixie Highway corridor. The project is about 4 miles northeast of Model Land Co, elsewhere in Palm Beach County.
Source: Florida YIMBY
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.
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.
HOA, CDD & Fees
- HOA dues reported around $3,526/month (about $42,312/yr) · median of 15 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 15 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, 2026-09.
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?
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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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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: September 22, 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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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.
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