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1601 Windorah Way D, West Palm Beach, FL 33411

$6,500,000
Property Type: Comm/Industry Baths: 80 Square Footage: 904 Status: Active
Current Price: $6,500,000 Last Modified: 12/03/2025

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.

Supplements: 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.

More Information MLS# RX-11144361

Contract Information

Auction: No List Price/Bldg SqFt: 7190.27 Negotiable Seller Concessions YN: No Status: Active Original List Price: 6500000 List Price: $6,500,000 Current Price: $6,500,000 Listing Date: 2025-12-01

General Property Description

For Sale: Yes For Lease: No Property Desc: Portfolio 40 units Acres: 0 Built Desc: Resale Waterfront: No SqFt Source: Tax Rolls # of Stories: 2 Total Units: 40 % Air Conditioned: 100 Type: MultiFamily (5+ Units) Subdivision: PALM BEACH PLACE CONDO Year Built: 1989 SqFt - Living: 904 Baths - Total: 80

Location, Tax & Legal

Geo Area: PB24 Country: United States State/Province: FL Tax Year: 2025 Zoning: Condo Real Estate Taxes: 150489 Multiple Ofrs Acptd: Yes Area: 5580 County: Palm Beach Parcel ID: 00424329270256014 Street #: 1601 Street Name: Windorah Street Suffix: Way Unit #: D Zip Code: 33411 Legal Desc: PALM BEACH PLACE CONDO UNIT 1601D BLDG 25 Geo Lat: 26.702415 Geo Lon: -80.172933

Office/Member Info

DXORIGMLNO: RX-11144361 DXORIGMLSID: RML

Type of Building

Condo: 1

Sale Includes

Fixtures: 1

Avail Info

Copies of Lease: 1

Avail Docs

None: 1

Cooling

Central Individual: 1

Heating

Central Individual: 1

Tenant Pays

Cable: 1 Electric: 1

Use

Income: 1

Flooring

Ceramic Tile: 1 Concrete: 1

Utilities

Public Sewer: 1 Public Water: 1 1-100 Amp: 1

Fire Protect

Smoke Alarm: 1 Smoke Detector: 1

Roof

Other: 1

Terms Considered

Cash: 1 Conventional: 1 Exchange: 1

Possession

At Closing: 1

Lease

Annual: 1

Property Features

Use: Income Type of Building: Condo Sale Includes: Fixtures Avail Docs: None Avail Info: Copies of Lease Flooring: Ceramic Tile; Concrete Cooling: Central Individual Heating: Central Individual Fire Protect: Smoke Alarm; Smoke Detector Tenant Pays: Cable; Electric Utilities: Public Sewer; Public Water; 1-100 Amp Roof: Other Terms Considered: Cash; Conventional; Exchange Lease: Annual Possession: At Closing
Listing Office: The Keyes Company
IDX
Last Updated: December - 03 - 2025
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