West Palm Beach Real Estate: Is It the Next Big Investment Opportunity?

West Palm Beach: Then and Now

West Palm Beach has transformed. Once seen as a bit traditional, it now has fresh energy, with new families, young professionals, and finance firms moving in. While billionaires are still settling here, the vibe is less pretentious. The area is attracting third- and fourth-home buyers, much like Miami’s migration trend. NYC developer Stephen Ross predicted two years ago that Palm Beach would become “Wall Street South,” and that’s exactly what’s happening. COVID accelerated the shift, and as Palm Beach boomed, West Palm became the natural place for expansion, drawing wealth and development.

The Bristol set the standard as the must-have luxury condo, and its success paved the way for new developments like Forté and South Flagler House,, with prices now reaching $3,800–$4,000 per square foot. Demand is strong from young families, second-home buyers, and professionals, many of whom are upgrading from Bristol to these next-generation residences with top-tier amenities and high-end finishes.

What’s Next?

The pace of growth is remarkable. South Flagler House, once an empty sand lot, is now rising quickly, already up to the fourth floor with 30% sold. Meanwhile, Mr. C Residences has opened its sales center and is already 60% sold. Palm Beach has long been the established market, but West Palm Beach is now a luxury hotspot. In Palm Beach, condo inventory is nearly nonexistent—Bristol sold out fast, and its prices have doubled from $2,000 to $4,000 per square foot. Now, new projects like Mr. C and the newly announced Berkeley are entering the market, and sales are moving fast. With prices rising and more developments in the pipeline, West Palm Beach is cementing itself as the next major destination for luxury real estate.

Mr. C Residences in West Palm Beach is selling quickly, offering one of the most compelling entry prices.

Palm Beach Condos for Sale | The Resale Market

If you’re paying $4K per SF, you would like to know what is happening around you. Are resale prices keeping up? The resale market is strong. Small cottages in El Cid that were $2M–$3M are now hitting $6M–$10M, with some reaching $17M. South of Southern Blvd, properties that once sold for $800K–$2M are now turning over at record prices—some doubling in value. But you haven’t missed the boat. Growth is still in motion. People and companies keep coming, and demand remains high. Land is limited, and the market is still evolving.

Understanding the Palm Beach Real Estate Market

Single-Family Homes (SFH): There are still opportunities to enter desirable neighborhoods without stretching too far.

• SOSO (South of Southern): Offers a lower entry point compared to other Palm Beach areas, making it a solid choice for buyers looking to get in early.
• North Palm Beach – Northwood: Another emerging area with potential.
• East of Worth Avenue: Homes here typically start around $10M+ and go higher.
• North Palm Beach (on the island): Still offers value, with entry points between $5M–$8M.

Luxury Condos:

• South Palm Beach: No longer walkable to the main island, but offers revamped older condos with great oceanfront value.
  • Smaller units: Around $2M
  • Larger, high-end units: $5M–$6M
• Many of these buildings have undergone full renovations and have passed their 40-year assessments while modernizing interiors.

Palm Beach stands apart with its well-preserved, high-end market, where strict permitting ensures lasting quality. Unlike many aging Miami condos, even older buildings here boast grand ceilings and distinctive architecture, making them worth restoring. Whether you’re seeking a waterfront condo or a luxury estate, Palm Beach offers a rare blend of exclusivity, value, and long-term investment potential.

The Newest West Palm Beach Condos for Sale

There are options for every buyer—don’t count yourself out. MR C offers 1-bedroom units starting at $1.5M, with delivery in 2027, making it one of the more accessible opportunities compared to other projects. The Berkeley, positioned on the western edge with stunning lake views, is priced at around $1,900 per SF, while the Ritz-Carlton Palm Beach offers 138 units at $1,800 per SF.

Conclusions on the West Palm Beach Real Estate Market

More Europeans are investing, and American families are relocating, attracted by safety and opportunity. Financial firms and businesses are setting up shop, while schools expand to meet growing demand. The entire area is transforming—welcoming top designers, trendy restaurants, upscale shops, modern offices, and luxury condos. It’s stylish, it’s evolving, and interest is surging. Timing is key, and the moment is now. This city is on the verge of something big—this is where you want to be.

Contact the David Siddons Group

If you would like to learn more about West Palm Beach real estate please contact David Siddons today at 305.508.0899 or schedule a call/zoom via the app below.