Palm Beach County · West Palm Beach
Sell Your Commercial Property In West Palm Beach, FL
Skyline Capital Investments buys commercial apartment buildings of 5+ units in West Palm Beach and across Palm Beach County — listed or off-market, stabilized or value-add. Get clear feedback on your deal, typically within 48 hours.
- Clear feedback on your deal, typically within 48 hours
- 5 to 100+ units, stabilized or distressed, listed or off-market
- Owners, agents, and brokers welcome — every conversation is confidential
We buy:Tired landlordsEstate & trust sales1031 exchangesDeferred maintenanceHigh vacancyPartnership splits
Where We Look: Northwood · El Cid · Downtown West Palm Beach · Lake Worth Beach — Palm Beach County, FL
Market Snapshot
Renter Demand In West Palm Beach
West Palm Beach is a Palm Beach County city of 122,290 residents, per ACS 2020-2024. Renters hold 49.5% of its homes, and 43.6% of housing sits in buildings of five or more units. Median gross rent is $1,772 a month, and rental vacancy is 8.9%. About 57.4% of renters spend 30% or more of income on housing. This profile is for owners who plan to sell commercial property in West Palm Beach, FL and want the 2025 millage, HUD FY2027 rents and landlord rules.
Two downtown-area hospitals
Good Samaritan Medical Center has 333 beds on North Flagler Drive; St. Mary's has 460.Palm Beach International Airport
Palm Beach County's Department of Airports counted 8,657,372 PBI passengers in calendar year 2025.Downtown Development Authority district
Downtown properties pay an extra 0.97-mill levy in 2025 to the WPB Downtown Development Authority.Our Buy Box
What We Buy In West Palm Beach
Asset Type
Multifamily, 5+ Units
Apartment buildings and income-producing residential.
Size
5 – 100+ Units
Sweet spot: 15–25 units.
Condition
Stabilized To Distressed
Value-add, mismanaged, and high-vacancy properties welcome.
Deal Types
Listed Or Off-Market
Direct-to-owner, pocket listings, portfolios.
Local Market Data
West Palm Beach Apartment Market
Figures gathered October 2026 from public market data.
Who rents in West Palm Beach
Renters occupy 49.5% of West Palm Beach homes, or 25,986 households, per ACS 2020-2024 tenure data. Palm Beach County as a whole is 29.9% renter. Buildings of five or more units hold 43.6% of West Palm Beach housing, per ACS 2020-2024 units-in-structure data.
Towers of 50 or more units contain 13,032 homes. About 37.7% of homes predate 1980, per ACS 2020-2024 year-built data.
Rents and affordability
Median gross rent in West Palm Beach is $1,772 a month, per ACS 2020-2024 rent data. That is $103 above the Florida median and $144 below Palm Beach County.
About 57.4% of renters spend 30% or more of income on housing, per ACS 2020-2024 rent-burden data. Buyers weigh that when owners sell commercial real estate in West Palm Beach, FL.
| Unit size | HUD FY2027 FMR |
|---|---|
| Efficiency | $1,907 |
| One bedroom | $2,008 |
| Two bedroom | $2,349 |
| Three bedroom | $3,052 |
| Four bedroom | $3,523 |
Figures cover the West Palm Beach-Boca Raton, FL HUD Metro FMR Area, per HUD fair market rent data.
Property taxes in Palm Beach County
West Palm Beach districts outside the DDA carry 20.4468 mills for 2025, summing the Palm Beach County Property Appraiser 2025 final rates. A $2,000,000 assessed building owes $40,893.60 a year. The City of West Palm Beach share is 8.1888 mills.
A November payment saves 4%, or $1,635.74, under s. 197.162. If you sell commercial property in West Palm Beach, FL, s. 193.1555 resets the assessment to just value the next January 1.
Landlord rules in Florida
Nonpayment notices give West Palm Beach tenants 3 days, excluding weekends and legal holidays, under s. 83.56. Curable violations get 7 days. Deposits return within 15 days, or a claim notice goes out within 30 days, under s. 83.49.
Rent control is preempted: s. 166.043(2) bars municipalities from limiting rent.
What it means for an owner
West Palm Beach has 27,207 homes in buildings of five or more units. To sell commercial property in West Palm Beach, FL at full value, bring the 2025 tax bill and a current rent roll. Deed stamps cost $14,000 on $2,000,000 under s. 201.02.
Run your figures in the cap rate calculator. When you are ready to sell your apartment building in West Palm Beach, see how Skyline Capital Investments buys 5+ unit buildings.
Good To Know
What Shapes A West Palm Beach Offer
More about selling in Florida →Investing in West Palm Beach? See apartment syndications in West Palm Beach →
- Median household income in West Palm Beach is $73,446, per ACS 2020-2024.
- Selling commercial property in West Palm Beach downtown adds a 0.97-mill DDA levy.
- To sell commercial real estate in West Palm Beach, FL, expect deed stamps of 70 cents per $100.
Seller Guides
Your Situation, Handled — West Palm Beach
Learn More
Taxes & Rules For West Palm Beach Property
The Florida rules that shape any deal in West Palm Beach: what a sale costs in tax, how buildings are taxed, what landlords must follow, and how to defer gains.
West Palm Beach Seller FAQ
What does it cost to sell commercial property in West Palm Beach, FL?
Florida deed stamps run 70 cents per $100, or $14,000 on a $2,000,000 sale, under Florida Statutes 201.02. The buyer's assessment resets to just value the next January 1 under section 193.1555, so buyers price in a fuller tax bill.
Is renter demand strong enough to sell commercial real estate in West Palm Beach, FL?
Renters hold 49.5% of West Palm Beach homes, against 29.9% across Palm Beach County, per ACS 2020-2024. Rental vacancy is 8.9%. Two hospitals with 793 combined beds and PBI's 8,657,372 passengers in 2025 support steady rental demand.
What is the property tax rate on apartments in West Palm Beach?
Palm Beach County Property Appraiser 2025 final rates total 20.4468 mills for West Palm Beach outside the DDA. A $2,000,000 assessed building owes $40,893.60 a year. Downtown DDA parcels add 0.97 mills, or $1,940.00 on that value.
How do HUD fair market rents compare with West Palm Beach rents?
HUD's FY2027 two-bedroom fair market rent for the West Palm Beach-Boca Raton area is $2,349. That is $577 above the city's $1,772 median gross rent, a gap buyers study when you sell multifamily property in West Palm Beach.
Can West Palm Beach cap how much I raise rents?
No. Florida Statutes 166.043(2) bars municipalities from adopting measures that control rent. West Palm Beach landlords follow Chapter 83, including the 3-day nonpayment notice, the 7-day cure notice and the 15-day deposit return when no claim is made.
What if my West Palm Beach building has vacancies or deferred maintenance?
That is often where we add the most value. We buy buildings that need renovation, new management, or lease-up, and we account for that in our offer.
Do you work with West Palm Beach brokers and agents?
We do. Agents can bring us listed or pocket-listing deals in West Palm Beach, and we keep every conversation confidential.
Is it possible to sell rental property in West Palm Beach without evicting tenants?
It is. We buy apartment buildings occupied, and tenants stay on their current leases. Skyline Capital Investments is a commercial real estate buyer of 5+ unit buildings, so occupied properties are the norm for us.
How fast can I sell my apartment building in West Palm Beach?
Most owners get clear feedback within 48 hours of sending the address, unit count, and a rent roll. Closing is typically set around your timeline, including extra time for a 1031 exchange.
Submit A Deal
Get An Offer Review In West Palm Beach
Share the basics below and we will follow up directly. Agents and brokers representing West Palm Beach sellers are welcome.
