Listing Information

MLS Number: R11145062
Status: Active
Unit Number: 501
Building Name: Park Place
Building Address: 1640 Presidential Way, West Palm Beach, Palm Beach, FL 33401
Unit Size: 2,821 sq ft
Bedrooms: 4
Full Bathrooms: 3
Half Bathrooms: 1
Parking: Assigned,Garage
View: Lake,Golf Course
Rental Price: $4,900 ($2 PPSF)

Floor Plan

Floor Plan

Building Information

Park Place (at Lakes Condos A&B)

Number of units: 99
Building inventory for rent: 6 (6%)
Building inventory for sale: 11 (11%)
Number of sales over the last 12 months: 8
Number of sales over the last 6 months: 2
Number of sales over the last 3 months: 2

Building Association

Park Place At Lakes Condominium
1600 Presidential Way
West Palm Beach, FL 33401
Phone: (561) 478-0015

Link: https://

Recent Sales

Unit # Size Closing Date Sale Price PPSF
308 1,638 sq ft Jan 2026 $218,000 $133
307 1,344 sq ft Dec 2025 $260,000 $193
507 1,638 sq ft Aug 2025 $290,000 $177
306 1,638 sq ft May 2025 $255,000 $156
408 1,552 sq ft May 2025 $250,000 $161

Market Information

Building vs City

Park Place (at Lakes Condos A&B): $165/sq. ft.
West Palm Beach: $544/sq. ft.

City vs County

West Palm Beach: $544/sq. ft.
Palm Beach: $455/sq. ft.

Park Place (at Lakes Condos A&B) inventory for sale: 11%
West Palm Beach inventory for sale: 6%
Palm Beach inventory for sale: 6%

Avg. time to close over last 12 months

Park Place (at Lakes Condos A&B): 72 days
West Palm Beach: 70 days
Palm Beach: 78 days

Building Photo

Aerial photo
Built in 2004 - 99 units - 5 floors

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Listing R11145062 data provided by BMLS.