1601 Windorah Way # D
West Palm Beach, FL, 33411 $ 6,500,000
Bedrooms-- Baths80.0 Sq 904 Monthly Estimate*
$ 40,552
for $6,500,000 with 80 full baths. This 904 square foot building was built in 1989.
Palm Beach Place & Palm Beach Grande are a community of 304 condominium units located in Royal Palm Beach. The community offers two pools, tennis courts, and a fitness center. 40 units in this condominium complex are FOR SALE.Investment Opportunity, Offering Overview: A rare opportunity to acquire 40 individually owned condominium units within two established West Palm Beach communities -- Palm Beach Grande Condominiums and Palm Beach Place Condominiums. This portfolio presents a turn-key investment with stable cash flow, strong rental demand, and significant long-term appreciation potential in one of South Florida's most desirable submarkets.Palm Beach Place & Palm Beach Grande are a community of 304 condominium units located in Royal Palm Beach. The community offers two pools, tennis courts, and a fitness center. 40 units in this condominium complex are FOR SALE. Investment Opportunity, Offering Overview: A rare opportunity to acquire 40 individually owned condominium units within two established West Palm Beach communities Palm Beach Grande Condominiums and Palm Beach Place Condominiums. This portfolio presents a turn-key investment with stable cash flow, strong rental demand, and significant long-term appreciation potential in one of South Florida's most desirable submarkets. Portfolio Highlights, Units Available: 40 of 304 total, Unit Mix: One, two and three bedroom residences Average Size: 900-1,200 SF per unit. Communities: Palm Beach Grande & Palm Beach Place Occupancy: High in-place tenant occupancy with consistent rental demand. Management: Professionally managed condominiums with well-maintained common areas. Investment Advantages, Turn-Key Portfolio: Immediate income from performing rental units. Scalable Acquisition: Large multi-unit purchase offering economies of scale. Strong West Palm Beach Market: Limited new multifamily supply, high demand for quality rental housing. Value-Add Potential: Opportunities for interior upgrades to increase rents. Low Operational Overhead: Condo associations handle exterior maintenance and common areas. Diversification: Multiple units across two distinct communities reduce risk. Community & Location, Palm Beach Grande: Lakefront setting with resort-style amenities including swimming pool, fitness center, and tennis courts. Palm Beach Place: Gated community featuring tropical landscaping, clubhouse, pool, and fitness center. Proximity: Minutes to I-95, Florida's Turnpike, and downtown West Palm Beach 10-15 minutes to Palm Beach International Airport and Palm Beach beaches. Close to major employers including Amazon, Pratt & Whitney, healthcare centers, and logistics hubs. Unit Features, Spacious open-concept layouts with living, dining, and kitchen areas. Private balconies or patios, many with lake or garden views. Tile or vinyl plank flooring for low-maintenance living. Washer/dryer hookups and modern kitchen finishes. Some units recently updated for added value. Investment Summary, This portfolio represents a high-quality, income-generating investment in a sought-after South Florida market. With immediate cash flow, strong rental fundamentals, and opportunities for rent growth and value-add improvements, it is ideally suited for investors seeking scale, diversification, and long-term appreciation. Built in 1989, the property boasts a desirable 98% occupancy rate, ensuring consistent rental income. With a prime location in the sought-after West Palm Beach area and zoned RS, this well-maintained building offers a lucrative investment with potential for value appreciation. Investors will appreciate the stable income stream and the potential for further growth in this thriving market. Don't miss the chance to add this impressive property to your portfolio.
See more
FeaturesGeneralHeating Central Individual
Cooling Central Individual
Utilities 1-100 Amp Public Sewer Public Water
Possession At Closing
Roof Other
Zoning Condo
Status Active
Year Built 1989
Subdivision PALM BEACH PLACE CONDO
Stories Count 2.0
Type MultiFamily (5+ Units)
Property Type E
Area 5580
Unit Number D
Auction No
Tax Year 2025
Terms Considered Cash Conventional Exchange
Use Income
Virtual Tour http://properties.keyes.com/1566941-sale
Geo Area PB24
Legal Description PALM BEACH PLACE CONDO UNIT 1601D BLDG 25
See more
ExteriorWaterfront No
Lot Size 0.00
See more
InteriorFlooring Ceramic Tile Concrete
Total Number of Units 40
See more
Internal OnlyOriginalMLSID RX-11144361
See more
* Excluded FeaturesList ByDavid C JosephListing Agent
davidjoseph@keyes.comEmail
Affordability Calculator
- Monthly Principal & Interest
- $40,552
- Monthly Property Taxes
- $12,541
- Monthly Home Insurance
- --
Default based on a 30-year fixed rate of 6.375% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
Learn more about how to save NearbyCommerical listings in West Palm Beach, FL
Average List Price $2,185,974
Percent of Sale Price 66%
About West Palm Beach, FL 111,545 Population
36% Since 2002
$ 51,879 Median Income
40.03 Median Age
19% Households with Children
Trends Information provided by ATTOM Data Solutions.
368239 Elementary School
368240 Middle School
Unknown High School High School
Pricing History| Date | Price | Price Change | Description |
|---|
| 12/1/2025 | $6,500,000 | | Listed Price |