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Built in 2008 - 288 units - 10 floors

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Building Information

City Palms

Number of units: 288
Active listings for rent: 7
Active listings for sale: 8
Building inventory for sale: 2%
Number of sales over the last 12 months: 13
Number of sales over the last 6 months: 7
Number of sales over the last 3 months: 1
Avg. time to close over last 12 months: 48 days

Address

480 Hibiscus St, West Palm Beach, Palm Beach, FL, 33401

Recent Sales

Unit # Size Closing Date Sale Price PPSF
531 690 sq ft Feb 2024 $312,500 $453
709 1,117 sq ft Nov 2023 $585,000 $524
207 725 sq ft Oct 2023 $345,000 $476
433 750 sq ft Oct 2023 $360,000 $480
614 625 sq ft Oct 2023 $380,000 $608
1042 1,477 sq ft Oct 2023 $749,000 $507

Market Information

Building vs Area

City Palms: $608/sq. ft.
West Palm Beach: $547/sq. ft.

Area vs City

West Palm Beach $547/sq. ft.
Palm Beach $475/sq. ft.

Inventory for sale

West Palm Beach: 3%
Palm Beach: 3%

Avg. time to close over last 12 months

City Palms 48 days
West Palm Beach: 50 days
Palm Beach: 55 days