Why Live in Palm Beach Lakes South
Palm Beach Lakes South in West Palm Beach is a centrally located neighborhood shaped like a triangle, offering a mix of classic Florida ranch-style homes, apartments, and condos. The area is known for its pastel-colored homes with split-bedroom plans, providing a sense of space despite being close to neighbors. The neighborhood's proximity to downtown West Palm Beach, just two miles away, adds to its appeal. Shopping centers like Westward Shopping Mall and Professional Plaza are conveniently located on the western and southern edges, featuring stores such as Home Depot, Burlington, and ALDI. The Okeechobee Steakhouse, reputed as Florida's oldest, is situated at the southwestern corner. For outdoor enthusiasts, Chillingworth Park offers a four-acre space with a walking path, playground, and sports courts. The neighborhood is walkable and bike-friendly, with quiet streets and sidewalks. While there are Airbnb homes attracting travelers, the area maintains a quiet, secluded atmosphere. The Palm Beach International Boat Show and West Palm Beach Greenmarket are notable events nearby. Cardinal Newman High School, a private Catholic institution, is also within the neighborhood. The area is well-connected with Interstate 95 to the east and Okeechobee Boulevard to the south, providing easy access to routes 33 and 43. Residents can purchase a Paradise Pass for convenient transportation options.
Frequently Asked Questions
Is Palm Beach Lakes South a good place to live?
Palm Beach Lakes South is a good place to live. Palm Beach Lakes South is considered somewhat walkable and somewhat bikeable with some transit options. Palm Beach Lakes South is a suburban neighborhood. Palm Beach Lakes South has 6 parks for recreational activities. It is somewhat dense in population with 7.1 people per acre and a median age of 38. The average household income is $62,369 which is below the national average. College graduates make up 18.7% of residents. A majority of residents in Palm Beach Lakes South are home owners, with 36% of residents renting and 64% of residents owning their home. A
local real estate agent serving Palm Beach Lakes South can help you decide if this neighborhood is the right one for you. Learn more on our
Palm Beach Lakes South neighborhood guide.
How much do you need to make to afford a house in Palm Beach Lakes South?
The median home price in Palm Beach Lakes South is $437,500. If you put a 20% down payment of $87,500 and had a 30-year fixed mortgage with an interest rate of 6.74%, your estimated principal and interest payment would be $2,270 a month plus property taxes, HOA fees, home insurance, PMI, and utilities. Using the 28% rule, you would need to make at least $97K a year to afford the median home price in Palm Beach Lakes South. The average household income in Palm Beach Lakes South is $62K.
What are the best public schools in Palm Beach Lakes South?
The best public schools that serve Palm Beach Lakes South are:
What are the best private schools in Palm Beach Lakes South?
The best private schools that serve Palm Beach Lakes South are:
What are the most popular zip codes in Palm Beach Lakes South, West Palm Beach, FL?
What are the most popular neighborhoods near Palm Beach Lakes South, West Palm Beach, FL?
Home Trends in Palm Beach Lakes South, FL
On average, homes in Palm Beach Lakes South, West Palm Beach sell after 56 days on the market compared to the national average of 70 days. The median sale price for homes in Palm Beach Lakes South, West Palm Beach over the last 12 months is $435,000, up 11% from the median home sale price over the previous 12 months.
Median Sale Price
$435,000
Median Single Family Sale Price
$435,000
Average Price Per Sq Ft
$220
Number of Homes for Sale
1
Last 12 months Home Sales
5
Median List Price
$437,500
Median Change From 1st List Price
5%
Median Home Sale Price YoY Change
11%