Many buyers know they want South Florida but aren’t sure whether Miami, Boca, or West Palm Beach is the right fit. That’s where we come in. Today, we’re sitting down with John Wilson, our West Palm Beach expert, to explore how the market has evolved and assess its investment potential.
THE FULL LIST OF NEW CONSTRUCTION CONDOS FOR SALE IN WEST PALM BEACH
West Palm Beach: Then and Now
Once considered more traditional, West Palm Beach has transformed with an influx of young professionals, finance firms, and third- and fourth-home buyers. While billionaires continue to settle here, the atmosphere is more relaxed. NYC developer Stephen Ross predicted Palm Beach would become “Wall Street South,” and that’s exactly what’s happening. COVID accelerated this shift, and as Palm Beach boomed, West Palm became the natural expansion hub for wealth and development.
The Bristol set the benchmark for luxury condos, paving the way for projects like Forté and South Flagler House, now commanding $3,800–$4,000 per square foot. Demand is strong, with buyers upgrading to these next-generation residences featuring top-tier amenities and design.
What’s Next?
What’s Next? The rapid growth in West Palm Beach is undeniable. South Flagler House, once a vacant sand lot, is now quickly taking shape, reaching the fourth floor with 30% of its units already sold. At the same time, Mr. C Residences has launched its sales center and has already secured buyers for 60% of its offerings. While Palm Beach has long been the established luxury market, West Palm Beach is emerging as a premier destination for high-end real estate. Condo inventory in Palm Beach is extremely limited—Bristol sold out swiftly, with its prices skyrocketing from $2,000 to $4,000 per square foot. Now, new developments such as Mr. C and the recently announced Berkeley are entering the market, with sales progressing rapidly. As property values continue to rise and more projects come to fruition, West Palm Beach is solidifying its position as the next major hub for luxury living.
The Ritz-Carlton Residence, West Palm Beach
West Palm Beach: A New Era of Luxury & Growth
The city is evolving with a more European, walkable, and trend-driven vibe. Young professionals are reshaping the market, drawn to boutique high-end condos. Buyers praise the area’s safety, tranquility, and accessibility. West Palm Beach isn’t just expanding—it’s redefining itself.
Visionaries like Stephen Ross are investing heavily, with projects like NORA bringing top NYC restaurants and offices. Vanderbilt University’s new campus adds prestige, while financial firms like JPMorgan and Goldman Sachs fuel demand. With 26 hedge funds already in place, the area is becoming a financial hub, further driving real estate growth.
West Palm Beach Real Estate: The Next Big Investment Opportunity?
Palm Beach Schools: Meeting Demand
Top-tier private schools like The Greene School, Oxbridge Academy, and The Benjamin School are expanding to accommodate the influx of families. Unlike Miami, where school capacity struggles to keep pace, Palm Beach is proactively growing its educational infrastructure.
Palm Beach Resale Market: Is It Keeping Up?
Absolutely. Small cottages in El Cid that once sold for $2M–$3M are now hitting $6M–$10M. South of Southern Blvd, properties have doubled in value. Growth is ongoing, with demand outpacing supply.
Understanding the Palm Beach Real Estate Market
Single-Family Homes (SFH)
- Desirable Neighborhoods: Opportunities remain to buy in sought-after areas without overextending.
- SOSO (South of Southern): A more affordable entry point than other Palm Beach areas, ideal for early buyers.
- North Palm Beach – Northwood: An up-and-coming area with strong potential.
- East of Worth Avenue: Prices typically start at $10M+.
- North Palm Beach (on the island): Still offers value, with entry points ranging from $5M–$8M.
Luxury Condos
- South Palm Beach: While no longer walkable to the main island, this area offers renovated oceanfront condos at great value.
- Smaller units: Around $2M
- Larger, high-end units: $5M–$6M
- Many buildings have completed full renovations, passed 40-year assessments, and feature modernized interiors.
The Palm Beach Difference
Palm Beach maintains a well-preserved, high-end market, where strict permitting ensures lasting quality. Unlike aging Miami condos, even older buildings here feature grand ceilings and distinctive architecture, making them worth restoring. Whether you’re looking for a waterfront condo or a luxury estate, Palm Beach offers a rare mix of exclusivity, value, and long-term investment potential.
New West Palm Beach Condos for Sale
| Condo | Amount of units | Unit Sizes | Delivery | Prices from |
| OLARA | 275 | 2-4 Bedrooms | 2027 | $2M+ |
| South Flagler House | 108 | 2-5 Bedrooms | 2027 | $5.7M+ |
| Forte on Flagler | 41 | 4-5 Bedrooms | 2025 | $14.5M+ |
| Mr C Residences West Palm Beach | 146 | 1-4 Bedrooms | 2026 | $2M |
| The Ritz Carlton Residences Palm Beach Gardens | 106 | 3-5 Bedrooms | 2025 | $4M+ |
| The Berkeley | 193 | 2-5 Bedrooms | 2027 | $1.9M+ |
| Ritz-Carlton Residences West Palm Beach | 138 | 2-4 Bedrooms | Q1 2028 | $2.5M+ |
Conclusion: Why Now?
European investors and American families are flocking to West Palm Beach, drawn by its safety, lifestyle, and investment potential. Financial firms and businesses continue relocating, schools are expanding, and the city is welcoming top-tier designers, restaurants, and luxury developments. Timing is key—West Palm Beach is on the verge of something big.
Contact the David Siddons Group
For the latest West Palm Beach new construction pricing and investment opportunities, contact David Siddons at 305.508.0899 or schedule a call/Zoom today.
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