Palm Beach Place Condo
Homes for Sale in West Palm Beach, FL

Community in West Palm Beach · Palm Beach County
Median sale $185K
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Live Market Pulse
13/100
Market Heat
Cooler than normal
2014 → 2026 · 87 at the 2022 peak
0 is Palm Beach Place Condo's coldest market since 2014, 100 its hottest. Today: 13. How it's scored
Built fromLive Beaches MLS data16 years of closingsUpdated twice daily
Live · Palm Beach Place Condo Housing Pulse Beaches MLS + public records Analysis by Momentum Realty · $3.5B+ sold · 8,500+ transactions · Top 1% in Florida (RealTrends)
Price
$185K
Median sold · 12 mo
down 11.9% vs the prior 12 months
-11.9%
1-yr price change
n = 9 and 11 sales in the two windows
$202/sf
Sold $/sqft · 12 mo
peak $231 in 2024
90.2%
Sale vs ask
Palm Beach median: 97.7%
Tempo
50days
Median DOM · closed
4 days at the 2021 low
9
Sold · last 12 mo
10-yr average: about 19 a year
Track record · 16 years of records
916sqft
Median sold home size
12-mo windows, closed sales
Jon Brooks, founder of Momentum Realty
Jon's Current Read

Palm Beach Place Condo sits in a price band where condition and deferred maintenance are the primary variables—the median of $185,000 rewards careful inspection and tolerance for older systems. With 9 closings over the past year and median days-on-market of 50, this is a thin, deliberate market where buyers take their time and sellers need realistic pricing; the 11.9% year-over-year decline reflects broader condo insurance headwinds and the property's age-related reserve pressures.

Buyers are underwriting risk here, not amenities or finish. The per-square-foot median of roughly $202 is well below West Palm Beach's condo average, which tells you the building's desirability has a ceiling. Sellers should lead with price and transparency on special assessments; buyers willing to accept an older product can find an accessible entry point, but budget for capital calls and rising fees.

Palm Beach Place Condo Housing Pulse · Momentum Research · as of July 15, 2026

Palm Beach Place Condo right now

🔴 Off the recent peak. The trailing-12-month median ($185K) is down 11.9% from the prior 12 months ($210K). With about 19 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 July 15. Confidence: Medium (9 and 11 sales in the two windows).

What's unique here: the median sale price is about 60% below the typical Palm Beach County sale ($185K vs $460K, trailing 12 months, Beaches MLS records).

Jump to: Price history & scorecard · Homes for sale · Schools · FAQ

Updated July 15, 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

Palm Beach Place Condo market snapshot (as of July 15, 2026): the median sale price is about $185K ($202 per sq ft over the trailing 12 months of closed sales), and a median 50 days on market for closed sales. The trailing-12-month median is down 12% from the prior 12 months, computed from record-level Beaches MLS closed sales (9 closings in the current window).

Palm Beach Place Condo is a no-frills West Palm Beach condominium trading at a median of $185,000, appealing to buyers who prioritize price over amenities and who can absorb the maintenance realities of an aging property.

Best for

  • Buyers stretching to own in West Palm Beach and willing to trade amenities and condition for the lowest possible entry price
  • Cash purchasers with reserves who can weather special assessments and view the unit as a long-term hold with manageable fixed housing costs
  • Investors comfortable underwriting older condo risk and targeting tenants who prioritize location and rent over building features

Probably not for

  • Buyers seeking predictable HOA fees, modern systems, or a building with robust reserves and no deferred maintenance
  • Those relying on immediate equity growth or expecting a quick recovery in condo values during a soft cycle
  • Anyone who needs resort-style amenities, newer finishes, or a turnkey ownership experience with minimal surprise costs

Windows contain 2 to 30 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.

Median sale price · trailing 12 mo
$50K$100K$150K$200K20122014201620182020202220242026
Down 11.9% year over year.
Every sale since 2010 · price vs size
$0$100K$200K1k1k1k
279 closed sales; green = recent. Size sets the floor, condition and lot set the rest.
Sold $ per sq ft · trailing 12 mo
$100$150$20020122014201620182020202220242026
Up from $72 in 2012 to a $231 peak in 2024; $202 now.
Median days on market · closed sales
05010020122014201620182020202220242026
4 days at the 2021 low; 50 now.
Sale price vs original ask · median
90%95%100%105%20122014201620182020202220242026
90.2% now vs Palm Beach 97.7%.
Homes sold per 12-mo window
010203020122014201620182020202220242026
2 to 30 a year; 9 in the current window.
Market Heat · 0 coldest, 100 hottest in the record
20406080seller-leaningbuyer-leaning2014201620182020202220242026
87 at the 2022 peak, 13 in the troughs, 13 now. Same score as the hero card, full history.

If we were buying in Palm Beach Place Condo today, this is the order of operations we would run for our clients.

1

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.

2

Match the home to real comps. Recent sales of similar condition and lot, not the asking price, tell you what a home is worth.

3

Move deliberately, not desperately. Neither side has a decisive edge, so a well-prepared, fairly-priced offer wins without overpaying.

4

Line up financing and inspection early. A pre-approval and an inspection plan let you act fast and negotiate from evidence.

5

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 Place Condo.

Best Buy
Buyers prioritizing lowest entry cost into West Palm Beach who can absorb maintenance risk and potential assessments.
Biggest Risk
An aging building, no recorded amenities, and an 11.9% year-over-year decline suggest ongoing fee increases and possible special assessments.
Sweet Spot
Cash buyers or those with reserves for capital calls who value price over finish and understand older condo economics.
Avoid If
You need predictable monthly costs, resort amenities, or expect near-term price appreciation in a soft condo cycle.

An older condo in a thin, price-driven market

Palm Beach Place Condo offers condominium ownership at a price point—$185,000 median—that reflects both the building's age and the current insurance and reserve environment facing Florida condos. With only 9 sales over the trailing twelve months and a median 50 days on market, this is not a liquid or competitive market; it is a niche where motivated buyers and realistic sellers meet on price and condition.

The median price-per-square-foot of approximately $202 is modest by West Palm Beach standards, signaling that the building lacks the finish, location premium, or common-area appeal that command higher valuations. MLS data show no recorded community amenities, and that absence is priced in. What you buy here is affordability and a West Palm Beach address, not resort-style living or modern infrastructure.

The 11.9% year-over-year price decline is consistent with market-wide condo softness driven by insurance volatility, reserve funding mandates, and buyer caution around older product. Inventory moves methodically; the market heat score of 13 confirms this is a slow, negotiation-friendly environment. Sellers who price aggressively and disclose assessment history will move units; those who wait for a return to prior peaks will sit.

The location and the amenities are priced into every listing in Palm Beach Place Condo. The deal is won or lost on condition, the comps, and the renovation math.

Jon Brooks · Founder, Momentum Realty

Why work with Momentum here

Palm Beach Place Condo requires a broker who will run the association financials before you make an offer, not after. Momentum agents review reserve studies, insurance renewals, and pending special assessments as part of due diligence—because in an older condo at this price point, those documents matter more than the unit itself. We will tell you if the numbers work or if you should walk, and we will negotiate from a position of full disclosure, not hope.

Palm Beach Place Condo in 15 seconds.

Best forBuyers prioritizing lowest entry cost into West Palm Beach who can absorb maintenance risk and potential assessments.
Biggest advantageThe median price of $185,000 and slow pace give buyers negotiating leverage and time to perform full financial due diligence.
Biggest riskAn aging building, no recorded amenities, and an 11.9% year-over-year decline suggest ongoing fee increases and possible special assessments.
Sweet spotCash buyers or those with reserves for capital calls who value price over finish and understand older condo economics.
Avoid ifYou need predictable monthly costs, resort amenities, or expect near-term price appreciation in a soft condo cycle.

HOA, CDD & Fees

In short
  • 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.

The takeaway

Selling here is won on condition and pricing to real comps, not an automated estimate. The right number comes from closed Palm Beach Place Condo sales matched to your home.

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Real comps, not an automated estimate.

Frequently Asked Questions

What is the median home price in Palm Beach Place Condo?
The median sale price in Palm Beach Place Condo was $185K over the 12 months ending July 15, 2026 (9 closed sales, Beaches MLS).
How long do homes in Palm Beach Place Condo take to sell?
Homes that closed in the 12 months ending July 15, 2026 took a median 50 days on market (9 sales, Beaches MLS).
Who is the best real estate agent for Palm Beach Place Condo?
The best agent for Palm Beach Place Condo is one who actively works West Palm Beach and knows the community's pricing, fees, and current inventory. Tell us what you're looking for in the form on this page and Momentum Realty will match you with a local specialist for Palm Beach Place Condo.
How do I find a top West Palm Beach real estate agent who knows Palm Beach Place Condo?
Share a few details in the form on this page. Momentum Realty has 280+ agents and more than $3.5B in closed sales, and we'll connect you with one who knows Palm Beach Place Condo and the wider West Palm Beach area.
Can Momentum Realty connect me with an agent for Palm Beach Place Condo?
Yes. Use the form on this page and we'll introduce you to a local specialist who can guide your Palm Beach Place Condo purchase or sale - no call center and no pressure.
Buyers stretching to own in West Palm Beach and willing to trade amenities and condition for the lowest possible entry priceExcellent fit
Cash purchasers with reserves who can weather special assessments and view the unit as a long-term hold with manageable fixed housing costsExcellent fit
Investors comfortable underwriting older condo risk and targeting tenants who prioritize location and rent over building featuresExcellent fit
Buyers seeking predictable HOA fees, modern systems, or a building with robust reserves and no deferred maintenanceProbably not
Those relying on immediate equity growth or expecting a quick recovery in condo values during a soft cycleProbably not
Anyone who needs resort-style amenities, newer finishes, or a turnkey ownership experience with minimal surprise costsProbably not

Data sources & freshness

Community market statsBeaches MLS closed sales, 12-month windows ending July 15, 2026
Under-contract sharesBeaches MLS records, as of 2026-07-12
Historical depthClosed-sale records back to 2010 (279 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 your area comps.

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