Palm Beach Lakes North 1
Homes for Sale in West Palm Beach, FL
True comps, carrying-cost math, and listings before the portals.
Palm Beach Lakes North 1 is a West Palm Beach neighborhood where pricing and value are entirely condition-driven. With only two recorded closings in the past window, this is not a high-velocity market; each transaction reflects the specific property rather than a predictable trend. Buyers here are evaluating individual homes on their merits, and sellers need patience and realistic expectations.
The shallow transaction count means no median price is statistically meaningful for this period. What moves a home here is its update level, lot appeal, and how it compares to competing inventory in adjacent West Palm neighborhoods. If you're considering Palm Beach Lakes North 1, treat each listing as a standalone opportunity—not part of a liquid, comp-rich market where pricing is formulaic.
Who Palm Beach Lakes North 1 is best for.
Best for
- Buyers with flexible timelines who can wait months for the right home and move decisively when it appears
- Investors comfortable with condition-driven deals and prepared to hold through thin resale markets
- West Palm Beach loyalists seeking value in overlooked pockets with lower competitive pressure
Probably not for
- Anyone who needs to close within a fixed window or relies on predictable inventory flow
- Buyers expecting robust comparable sales data to validate offer pricing
- Sellers counting on quick absorption or confident pricing based on neighborhood momentum
The market around Palm Beach Lakes North 1
Palm Beach Lakes North 1 is too small for its own price trend, so here is the market around it.
Across Palm Beach County, 1,171 homes are active and 476 pending (29% under contract).
ZIP and county figures describe the wider market, not Palm Beach Lakes North 1 specifically. Momentum Research analysis of MLS records.
Recent Developments in Palm Beach Lakes North 1
Development, infrastructure, retail, and school activity affecting Palm Beach Lakes North 1, 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 2 miles north of Palm Beach Lakes North 1.
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 site is about 2 miles north of Palm Beach Lakes North 1.
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 3 miles north of Palm Beach Lakes North 1, 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 Palm Beach Lakes North 1, 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 Palm Beach Lakes North 1, 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 site is about 2 miles north of Palm Beach Lakes North 1.
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 Palm Beach Lakes North 1 buying strategy.
If we were buying in Palm Beach Lakes North 1 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 Palm Beach Lakes North 1.
A low-volume market
This is not a neighborhood where you can count on fresh inventory every week or expect rapid price discovery. With only two closings in the recent window, Palm Beach Lakes North 1 operates more like a scattered-site opportunity set than a cohesive, actively traded subdivision. Homes that do come to market tend to sit longer, and pricing depends heavily on condition, updates, and how the property stacks up against alternatives elsewhere in West Palm Beach.
The upside for buyers is negotiation leverage and fewer bidding wars; the downside is limited choice and the need to move decisively when the right home appears. For sellers, realistic pricing and strong presentation are essential—there is no volume tailwind to carry a marginal listing. This is a market for patient participants who understand that each transaction is its own story.
The location and the amenities are priced into every listing in Palm Beach Lakes North 1. The deal is won or lost on condition, the comps, and the renovation math.
Why work with Momentum here
In a thin market like Palm Beach Lakes North 1, local intelligence and negotiation skill matter more than in high-turnover neighborhoods. Momentum Realty knows which comps are credible, how to price a home that may sit for months, and how to structure an offer when inventory is scarce. We will tell you when a property is overpriced for its condition—and when it is the best option you will see this quarter. That honesty and market fluency are the only edge that counts here.
Palm Beach Lakes North 1 in 15 seconds.
HOA, CDD & Fees
- Mandatory HOA — confirm current dues
- 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 North 1 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 North 1 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 North 1, 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 North 1 home worth?
Get a no-obligation home value based on real comparable sales in Palm Beach Lakes North 1, not an automated guess. Tell us about your home and we will personally prepare your numbers and a pricing strategy. No obligation, no spam.
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Should you buy in Palm Beach Lakes North 1?
An honest fit check. We will tell you when it is not your community.
Data sources & freshness
| Under-contract shares | Beaches MLS records, as of 2026-07-12 |
| Historical depth | Closed-sale records back to 2016 (25 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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