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Palm Beach Hotel Condo

235 Sunrise Ave, Palm Beach, FL, 33480
Market data compiled by Andres Jara, Licensed Real Estate Broker · Douglas Elliman · Data updated September 27, 2026
197
RESIDENCES
4
STORIES
1925
YEAR BUILT
$475K – $750K+
VALUE RANGE

The Palm Beach Hotel Condo is a historic four-story building at 235 Sunrise Avenue in the heart of Palm Beach, converted from a landmark 1925 hotel into 197 residences. Designed by architect Mortimer Dickerson Metcalfe in the Mediterranean Revival style and built by Thomas R. Clarke, the original hotel opened in 1926 and operated for decades before its 1981 conversion to condominiums; the building was added to the National Register of Historic Places in 2010. Residents and guests have access to a 24-hour front desk and a swimming pool, and the association permits short-term rentals with no minimum-stay restriction, making units popular for both personal use and investment. The building sits about one block from the Atlantic Ocean and within walking distance of Worth Avenue's shops and restaurants, in one of Palm Beach's most established in-town locations.

Available Residences at Palm Beach Hotel Condo

2 Bedroom Condos · 1 unit

UnitAsking PriceBed(s)/Bath(s)Living SizePrice/Sq.Ft.Days on Market
2262$695,0002 / 2561$1,239111
Listing courtesy of Lawrence A. Moens, Lawrence A. Moens Associates, 561-655-5510.

1 Bedroom Condos · showing 5 of 7

UnitAsking PriceBed(s)/Bath(s)Living SizePrice/Sq.Ft.Days on Market
PH-7$750,0001 / 1604$1,24290
Listing courtesy of Cappy Lerman Abraham, Palm Beach Residential Properties LLC, 561-833-8688.
2026$599,0001 / 1480$1,248271
Listing courtesy of Ava Lawrence, KW Innovations.
3260$524,0001 / 1389$1,3474
Listing courtesy of John Moran, LPT Realty, LLC, 877-366-2213.
2211$489,0001 / 1389$1,25711
Listing courtesy of Emily Ann Stewart, Compass Florida LLC, 561-270-5384.
3265$475,0001 / 1271$1,753271
Listing courtesy of Ava Lawrence, KW Innovations.
Neighborhood
Palm Beach

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ANALYTICS

All analytics are based on closed sales from the last 36 months.

CURRENT INVENTORY

6
Active Listings
▲ 25% vs last month
Avg List Price
$581K
Avg Days on Market
156

INVENTORY BY BEDROOM

  • 1 Bed (5) 83%
  • 2 Bed (1) 17%
Building vs. Market
33% discount to Palm Beach
Trades at a 33% discount to the Palm Beach average ($1,155 vs $1,735/sqft) — potential relative value for buyers.

INVENTORY TREND (ALL UNITS)

630Oct '25Feb '26Jun '26
3
New Listings
last 3 months
$1,155
Avg Sale $/SqFt
last 36 months
72
Months of Supply
1
Sold
last 12 months

Market & Community Report

As of September 27, 2026, Palm Beach Hotel Condo carries 6 active listings at an average asking price of $581K, with an average time on market of 156 days. Closed sales over the preceding 36 months averaged $1,155 per sq ft, and 1 transaction closed in the past 12 months — implying 72 months of supply against the current pace of absorption.

Zip code 33480 (Palm Beach) is home to 10,901 residents with a median age of 69.4. Per-capita income stands at $196,153; 66.4% hold a bachelor's degree or higher. 83.6% of units are owner-occupied; 38.6% of residents work from home.

Data current as of September 27, 2026. Market metrics derived from MLS closed sales; community data from U.S. Census ACS.

Frequently Asked Questions — Palm Beach Hotel Condo

How many condos are for sale at Palm Beach Hotel Condo?

As of September 27, 2026, 6 residences are actively listed for sale at Palm Beach Hotel Condo. Current asking prices range from $475K to $750K. Inventory updates daily from the MLS.

How much do condos at Palm Beach Hotel Condo cost?

Condos at Palm Beach Hotel Condo are currently asking from $475K to $750K. Over the past 36 months, closed sales have averaged $1,155 per square foot. Final pricing varies by floor, line, square footage, finishes, and view.

What is the average price per square foot at Palm Beach Hotel Condo?

Based on MLS closed sales over the preceding 36 months, the average sale price at Palm Beach Hotel Condo is $1,155 per square foot. Use this as a benchmark when comparing active listings in the building.

Where is Palm Beach Hotel Condo located?

Palm Beach Hotel Condo is located at 235 Sunrise Ave, Palm Beach, FL, 33480, in the Palm Beach area.

What neighborhood is Palm Beach Hotel Condo in?

Palm Beach Hotel Condo is in Palm Beach, Palm Beach. You can compare every condo building, home inventory, and price trend across Palm Beach on its neighborhood guide.

How many units are in Palm Beach Hotel Condo?

Palm Beach Hotel Condo has 197 residences across 4 stories.

What year was Palm Beach Hotel Condo built?

Palm Beach Hotel Condo was completed in 1925.

What amenities does Palm Beach Hotel Condo offer?

Palm Beach Hotel Condo amenities include 24-hour front desk, Swimming pool, No rental restrictions (short-term/Airbnb permitted).

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