Once in Palm Beach Island’s shadow, West Palm Beach is emerging as one of South Florida’s most compelling markets. With skyline-defining towers, billion-dollar investments, and national recognition from outlets like The New York Times, the city is attracting discerning buyers who value substance, location, and long-term opportunity.
Elizabeth DeWoody—#1 Compass agent in the region and ranked among the top 0.01% nationwide—shares what’s driving the city’s rise and why savvy buyers and sellers are shifting their focus west.
From Quiet Neighbor to Bold Market Leader
Since 2020, property values in West Palm Beach have surged over 60%. The city’s waterfront is now lined with world-class developments like The Bristol, Olara, Forté on Flagler, and South Flagler House—offering panoramic views, private amenities, and new levels of design and service.
The movement began with The Bristol in 2019. Today, the evolution is unmistakable. Units in these buildings typically start above $1 million, and many trade well into the eight-figure range.
Adding fuel to this transformation, developer Stephen M. Ross—best known for reshaping Manhattan’s Hudson Yards—is investing over $10 billion into downtown West Palm. His plans include a Vanderbilt University campus, two Class A office towers, and a luxury revitalization of CityPlace.
Where Architectural Integrity Meets Modern Demand
West Palm Beach’s appeal extends beyond new construction. Its historic neighborhoods are experiencing renewed attention from buyers who want charm, walkability, and a strong sense of place.
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El Cid – Mediterranean Revival architecture, wide streets, and proximity to the Intracoastal.
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Southland Park – Established, residential, and just minutes from downtown.
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South Flagler Drive – Homes with riparian rights and deep water docks with wide intracoastal views overlooking the Island of Palm Beach just minutes to the Palm Beach Inlet.
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South End (SoSo) – Casual coastal living and tight-knit community feel.
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Downtown WPB – A rising cultural and business hub anchored by new development and Brightline access.
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Wall Street South District – Fast becoming a finance and innovation center with long-term investment potential.
What This Means for You
Buyers: With limited new development and rising demand, early movers are better positioned to secure value — especially near the water and close to the Island.
Sellers: Inventory remains tight in neighborhoods like El Cid, SoSo, and Flagler Drive. Elevated demand gives you an edge — if marketed and priced strategically.
Investors: Backed by billion-dollar development and national interest, West Palm offers long-term appreciation and strong fundamentals across property types.
Fast Facts
📍 Location: Palm Beach County, adjacent to Palm Beach Island
🏗️ Notable Projects: Olara, Alba, South Flagler House, Forté
👥 Population: 127,744 (2024)
Final Word from Elizabeth
“We’re watching West Palm Beach evolve in real time. For buyers who want proximity to the Island and access to the city’s newest developments, this is the moment to explore what’s possible.”
