Palm Beach County condo sales jump in August to $340M

Palm Beach County condo sales rebounded in August, with closings and dollar volume higher than in July.

Brokers closed 746 condo sales totaling $340 million in Palm Beach County in August, compared to 616 condo sales totaling $289 million in July, MLS data from Redfin show.

August sale prices ranged from $45,000 to $16 million, with a median price of $265,000. The price per square foot ranged from $50 to $3,363 with a median of $237 — slightly lower than July’s $243.

In July, prices ranged from $60,000 to $6 million, with a median of $265,000. The price per square foot ranged from $39 to $2,593.

August’s priciest sale was a condo at the Bristol. Unit 804 at 1100 South Flagler Drive in West Palm Beach sold for $16 million, or $3,363 per square foot. Christian Angle with Christian Angle Real Estate had the listing. It sold after 31 days on the market. 

It’s a huge jump from July’s priciest sale. Alina Boca Raton unit 417 at 200 Southeast Mizner Boulevard closed for $6 million.

A sale at Lake Clarke Gardens bottomed out the charts for August. Unit 204 at 2811 South Garden Drive in Lake Worth sold for $45,000 — or $50 per square foot. Brenda Starr with Starr Realty, The Palm Beaches, worked both sides of the deal. The condo spent 40 days on the market.

It’s cheaper than July’s lowest priced sale. Stratford at Hunters Run unit B sold for $60,000.

Here’s a breakdown of August’s notable condo sales:

Most Expensive

Bristol, 1100 South Flagler Drive, unit 804 in West Palm Beach | Price $16,000,000 | $3,363 psf | Year built: 2019 | Listing agent: Christian Angle with Christian Angle Real Estate

Least Expensive

Lake Clarke Gardens 25, 2811 South Garden Drive, unit 204 in Lake Worth | Price $45,000 | $50 psf | Year built: 1971 | Listing agent: Brenda Starr with Starr Realty, The Palm Beaches | Buyer’s agent: Brenda Starr with Starr Realty, The Palm Beaches

Highest Price Per Square Foot

Bristol, 1100 South Flagler Drive, unit 804 in West Palm Beach | Price $16,000,000 | $3,363 psf | Year built: 2019 | Listing agent: Christian Angle with Christian Angle Real Estate

Lowest Price Per Square Foot

Lake Clarke Gardens 25, 2811 South Garden Drive, unit 204 in Lake Worth | Price $45,000 | $50 psf | Year built: 1971 | Listing agent: Brenda Starr with Starr Realty | Buyer’s agent: Brenda Starr with Starr Realty, The Palm Beaches

Newest

La Clara, 200 Arkona Court, unit 2201 in West Palm Beach | Price $5,500,000 | $1,742 psf | Year built: 2023 | Buyer’s agents: Christopher Leavitt and Mary Newton, with Douglas Elliman (Palm Beach) | Listing agent: Carol Sollak with Engel & Völkers Wellington

Oldest

Palm Beach Hotel, 235 Sunrise Avenue, unit 3224 in Palm Beach | Price $500,000 | $1,285 psf | Year built: 1925 | Listing agents: Maria Termotto and Joshua Horwitz with Keller Williams Realty/Palm Beach

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