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$5,800,000
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Property Description
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.
Full Property Details
Full Property Details for 1601 Windorah Way #D
General
- Sold For: $5,800,000
- Taxes: $150,489 (2025)
- Status: Closed
- Type: Commercial Multi-Family
- Source: Regional
- MLS ID: R11144361
- Added to Site: 212 day(s) ago
Interior
- Flooring: Concrete, Ceramic Tile
Additional Information
- Security/Safety: Fire Alarm, Smoke Detector(s)
Location
- County: Palm Beach
Community
- Community Name: 5580
Heating & Cooling
- Central air: Yes
- Air Conditioning: Yes
- Cooling Type: Central Air
- Heating Type: Central, Individual
Utilities
- Sewer: Public Sewer
- Water: Public
Structural Information
- Roof: Other
- Stories/Levels: 2
- Building Size: 904
- Year Built: 1989
- Property Condition: Resale
Lot Features
- Zoning: Condo
Financial Considerations
- Tax Amount: $150,489
- Tax Year: 2025
- Terms: Cash, Conventional, Trade
- Tenant Pays: Cable TV, Electricity
Disclosures and Reports
- Documents Avail.: Lease
- Legal Description: PALM BEACH PLACE CONDO UNIT 1601D BLDG 25
- Property ID: 424329270256014
Listed and Sold by The Keyes Company
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Schools
Schools serving 1601 Windorah Way #D
School District:Palm Beach County School District
| Name | Grades | Distance |
|---|---|---|
Benoist Farms Elementary School 1765 Benoist Farms Road, West Palm Beach, FL 33411 | PK-5 | 0.3 mi |
Jeaga Middle School 3777 North Jog Road, West Palm Beach, FL 33411 | 6-8 | 3.1 mi |
Royal Palm Beach High School 10600 Okeechobee Boulevard, Royal Palm Beach, FL 33411 | 9-12 | 2.3 mi |
Disclaimer:
School attendance boundaries provided by ATTOM Data Solutions and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 1601 Windorah Way #D
Date
Details
Price
Change
Source
6/09/2026
Sold
$5,800,000
-10.77%
MLS
12/01/2025
Listed
$6,500,000
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
1601 Windorah Way #D, West Palm Beach, FL 33411 (MLS# R11144361) is a Commercial Multi-Family property that was sold at $5,800,000 on June 09, 2026. Want to learn more about 1601 Windorah Way #D? Do you have questions about finding other Commercial Multi-Family real estate for sale in West Palm Beach? You can browse all West Palm Beach real estate or contact a Coldwell Banker agent to request more information.

