1601 Windorah Way D, West Palm Beach, FL 33411 (MLS# R11144361)

1601 Windorah Way D, West Palm Beach, FL 33411

$6,500,000
Property Type: Commercial Sale Square Footage: 904 Status: Active
Current Price: $6,500,000 List Date: 12/01/2025 Last Modified: 3/16/2026

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# R11144361

Contract Information

Comp Sale YN: No Negotiable Seller Concessions YN: No Listing Contract Date: 2025-12-01 Status: Active Original List Price: 6500000 List Price: $6,500,000 Current Price: $6,500,000

Location and Legal

County Or Parish: Palm Beach County Parish Name: Palm Beach City Name: West Palm Beach Postal Code: 33411 Geographic Area: PB24 Multiple Offers Accepted: Yes Property Description: Portfolio 40 units Country: United States Street Number: 1601 Street Name: Windorah Street Suffix: Way Unit Number: D State Or Province: FL Area: 5580 Parcel Number: 00424329270256014 Zoning: Condo

General Property Information

Lot Size Area: 0 Stories: 2 Property Sub Type: Multi Family Building Area Main: 904 Building Area Source: Public Records Year Built: 1989

Currently Not Used

Number Of Units Total: 40

Remarks and Miscellaneous

Public Historical Remarks: Building Type: Y

Office/Member Information

DXORIGMLSID: RML

Electric

0-100 Amp Service: 1

Flooring

Ceramic Tile: 1 Concrete: 1

Property Condition

Resale: 1

Documents Available

Copy Of Lease(s): 1

Meter Information

Number Of Meters Total: 40

Tenant Pays

Cable TV: 1 Electricity: 1

Possession

Close Of Escrow: 1

Sewer

Public Sewer: 1

Building and Property Details

# Of Toilets: 80 % Air Conditioned: 100 Maximum Ceiling Height: 8

Heating

Central Individual: 1

Sale Includes

Fixtures: 1

Listing Terms

Cash: 1 Conventional: 1 Trade: 1

Roof

Other: 1

Security Features

Fire Alarm: 1 Smoke Detector(s): 1

Water Source

Public: 1

Cooling

Central Individual: 1

Showing Requirements

Appointment Only: 1 Call Listing Agent: 1

Price Calculations

Current Price To SqFt: 7190.26

Financial Information

Tax Annual Amount: 150489 Tax Year: 2025 Tax Legal Description: PALM BEACH PLACE CONDO UNIT 1601D BLDG 25

Status Change Information

Major Change Timestamp: 2025-12-01T16:23:31Z Major Change Type: New Listing Status Change Date: 2025-12-01

Originating Details

Originating System Key: 20251201150242403560000000 Originating System ID: M00000170

Property Features

Documents Available: Copy Of Lease(s) Electric: 0-100 Amp Service Flooring: Ceramic Tile; Concrete Heating: Central Individual Possession: Close Of Escrow Property Condition: Resale Sale Includes: Fixtures Tenant Pays: Cable TV; Electricity Cooling: Central Individual Listing Terms: Cash; Conventional; Trade Roof: Other Security Features: Fire Alarm; Smoke Detector(s) Sewer: Public Sewer Water Source: Public Showing Requirements: Appointment Only; Call Listing Agent
Listing Office: The Keyes Company
IDX
Last Updated: March - 16 - 2026
This information is not verified for authenticity or accuracy and is not guaranteed and may not reflect all real estate activity in the market. Copyright 2026 Beaches Multiple Listing Service, Inc. All rights reserved. Information Not Guaranteed and Must Be Confirmed by End User. Site contains live data.

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