Luxury condominiums in West Palm Beach: prices, rent and yield

Luxury in South Florida › West Palm Beach

The downtown and Flagler waterfront, which is a genuinely different market from the suburban West Palm Beach ZIP codes further inland. Offices moved here, and residential followed.

The numbers

Price, price per square foot, days on market, months of supply and the sale-to-list ratio: Redfin Data Center, July 2026. Typical rent: Zillow. Gross yield and the estimated tax are our own arithmetic — rent times twelve over the median price, and the county’s official millage from the Florida Department of Revenue applied to the area’s median value with the homestead exemption. We calculate the yield rather than importing it so that this page and our market statistics can never disagree. Refreshed every month.

What it does well

It is the exception to everything else on this page: a yield above both Broward submarkets and the fastest sale of the nine, with the least inventory and the highest share of asking price achieved. On this month’s data it is the only submarket that is not asking you to choose between income and liquidity.

What to check before you offer

One month is one month. This is a small submarket and a single reading; before acting on it, ask us for the closed sales rather than the median.

How it compares

Across the nine South Florida luxury submarkets we track, West Palm Beach ranks 4th on gross yield. The best of the nine is North Beach at 7.51%; the whole comparison is on the luxury overview, and every Florida area we measure is on the market statistics page.

The other submarkets