South Palm Beach Real Estate

South Palm Beach is one of the smallest towns in Florida by area: roughly half a mile of barrier island between Palm Beach and Manalapan, with the Atlantic on one side and Lake Worth Lagoon on the other. About 1,400 people live here, almost all of them in oceanfront or lagoon-front condominium buildings put up between the 1960s and the 1980s.

There are no single-family neighborhoods and no commercial district. The entire market is condominiums, which makes it unusually easy to describe and unusually dependent on individual buildings.

What is selling

Five condominiums sold in July 2026 at a median of $825,000, well above the $363,500 median across the year to date. With five sales in a month, that difference tells you which units sold, not that values doubled: one or two direct oceanfront sales will do it. They went under contract in a median of 18 days and settled at 95% of the last asking price.

There were 67 condominiums for sale at the end of the month against those five sales, more than thirteen months of supply, with 12 under contract. No houses exist in the town's inventory.

Figures come from the BeachesMLS feed for July 2026 and for January 1 through July 31, 2026.

Schools

The town is served by Palm Beach County School District, with homes assigned to Lantana Elementary, Lantana Community Middle School and Lake Worth Community High School. Confirm current assignment with the district.

Getting around

A1A is the only road through the town. The beach is a few hundred yards from any address, Loggerhead Marina in South Lantana is under a mile, and the Lake Worth Beach rail station about 2.7 miles west across the bridge. Palm Beach International Airport is roughly 20 minutes away.

Working with us in South Palm Beach

In a town that is entirely condominiums, your building is your market. Its reserves, its assessment history, its rental rules and its position relative to the ocean matter more than anything inside your unit, and two buildings a hundred yards apart can be a season apart in time to sell.

Gia Freer, our Broker of Record, has been licensed in Florida since 2000. PBP Real Estate is a transaction broker, and we handle probate and estate sales, short sales and relocation in house. Tell us your building and unit and we will give you a written opinion of value.

South Palm Beach is a barrier-island town south of Palm Beach, and it is almost entirely condominium - the single-family market here is negligible. Most buildings date from the 1960s and 1970s, some rising to nine stories, and the typical unit is two bedrooms and two bathrooms in around 1,200 square feet. Colonial, traditional and contemporary exteriors appear across the buildings.

The ocean is under a mile away and a marina is around three-quarters of a mile, with a golf course a mile and a third and eighteen tennis courts within a mile. Association fees here are the highest we record anywhere in the county and reflect oceanfront buildings, their reserves and their insurance - for any purchase in this town, the fee and the reserve study matter as much as the asking price. Ask us for both before you make an offer.

South Palm Beach market snapshot — July 2026

Figures below come from our own BeachesMLS broker data feed, not a third-party estimate. Single-family homes and condos/townhomes are reported separately because they behave differently — blending them produces a number that describes neither. Every figure shows the number of listings behind it.

Single-family homes

Active listings0
Under contract0
Closed sales, July 20260
Closed sales, Jan 1 - Jul 31, 20260

Single-family homes in South Palm Beach recorded no closed sales in July 2026. In a market this thin a single sale moves any average, so we publish the count and the year-to-date figure rather than a monthly median that would mislead. Ask us for the individual comparable sales instead.

Condos and townhomes

Active listings69
Median list price$399,000
Median list price per sq ft$352
Under contract13
Months of inventory13.8
Closed sales, July 20265 (3 in July 2025)
Median sale price, July 2026$825,000 (5 sales)
Median days on market18
Median percent of list price received95%
Closed sales, Jan 1 - Jul 31, 202642 (36 a year earlier)
Median sale price year to date$363,500 (42 sales)

Based on information from BeachesMLS for July 2026 and for January 1, 2026 through July 31, 2026, retrieved August 27, 2026. Information deemed reliable but not guaranteed.

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Homes PBP has sold in South Palm Beach

PBP Real Estate has closed one sale in South Palm Beach (2025). These are our own listings, not the wider market.

  • 3520 S Ocean Boulevard A506, South Palm Beach, FL 33480Sold January 2025 · $3,500 · 3 bed, 2 bath · 1,556 sq ft

Source: BeachesMLS, PBP Real Estate LLC closed listings.

Questions about South Palm Beach

What is the median price of condos and townhomes in South Palm Beach?

In July 2026, 5 condos and townhomes sold in South Palm Beach, Florida at a median closing price of $825,000. Across Jan 1 - Jul 31, 2026, 42 condos and townhomes sold at a median of $363,500, or $290 per square foot.

How many condos and townhomes are for sale in South Palm Beach?

There are 69 condos and townhomes for sale in South Palm Beach, Florida, at a median asking price of $399,000. Another 13 are under contract. At the current rate of sale that is about 13.8 months of supply (six months is the conventional dividing line between a buyer's and a seller's market).

How long does it take to sell a condo or townhome in South Palm Beach?

Condos and townhomes sold in South Palm Beach, Florida over Jan 1 - Jul 31, 2026 took a median of 72 days to go under contract, and sold at a median of 93% of the last asking price.

What schools serve South Palm Beach?

On the 90 BeachesMLS listings recorded in South Palm Beach, the schools named are elementary: Lantana Elementary School, middle: Lantana Community Middle School and high: Lake Worth High School. Assignments vary by address across South Palm Beach; these are the schools named most often on listings there.

Figures from BeachesMLS, last updated August 27, 2026.

See what your South Palm Beach home is worth

Every home in South Palm Beach is different, and no automated estimate reads a renovation, a view or a lot line. Tell us about the property and Gia Freer, our Broker of Record, will put together a written opinion of value from the same BeachesMLS data behind the figures on this page.

Prepared by Gia Freer, Broker of Record, license BK689801. No automated estimate is published on this site.