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1601 Windorah Way D, West Palm Beach, FL 33411

West Palm Beach, FL

$5,800,000

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80
Bathrooms
904
Square Feet
1989
Year Built

40-Unit Condominium Portfolio in Royal Palm Beach

This portfolio comprises 40 individually owned condominium units spread across two established Royal Palm Beach communities: Palm Beach Grande Condominiums and Palm Beach Place Condominiums. Built in 1989, the combined communities total 304 units, and this offering represents a concentrated position within both complexes, carrying a reported 98% occupancy rate at the time of sale.

Property Profile

  • Portfolio: 40 of 304 condominium units
  • Communities: Palm Beach Grande & Palm Beach Place
  • Unit Mix: One, two, and three bedroom residences
  • Average Unit Size: 900 to 1,200 SF
  • Year Built: 1989
  • Occupancy: 98%
  • Zoning: RS
  • Location: Royal Palm Beach

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Complete Specifications

Property Sub TypeMulti Family
SubdivisionUnknown
Year Built1989
Architectural StyleContemporary
Total Square Feet904 sq ft
Square Feet Under AirUnknown sq ft
Bedrooms0
Full Baths0
Half Baths0
CoolingCentral Individual
HeatingCentral Individual
Garage Spaces0
Lot Size0 acres
PoolNone
CommunityUnknown
ViewNone
WaterfrontNone
Association FeeNone
Tax Annual Amount$150,489
Tax Year2025
MLS Status Closed
Last Updated June 10, 2026
Listed Date December 1, 2025
Days on Market 80
Data Source BeachesMLS BeachesMLS
MLS Number R11144361
Listing Brokerage The Keyes Company
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.

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1601 Windorah Way D, West Palm Beach, FL 33411

West Palm Beach, FL 33411

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