



$2,712,000
400 Hibiscus Street 1202
West Palm Beach, FL 33401
Explore the area: West Palm Beach homes for sale · Palm Beach County real estate
Price Check
How this price compares
- List price
- $2,712,000
- Price per sq ft
- $1,692
- Original price
- $2,854,000
- Days on market
- 118
This 2-bedroom condo in Model Land Co is listed at $2,712,000, or $1,692 per square foot. The asking price has come down 5% from its original $2,854,000. It has been on the market for 118 days.
Estimated monthly payment
$14,253 /mo
Principal and interest only, based on $542,400 down (20%), a 6.875% 30-year fixed rate. Property taxes, homeowners insurance, and the $3,527/mo HOA are not included.
Customize this estimateListing Snapshot
- Price
- $2,712,000
- Days on Site
- 118 Days
- Bedrooms
- 2
- Total Baths
- 3
- Full Baths
- 2
- Partial Baths
- 1
- Living Area
- 1,603 sqft
- Total Sq Ft
- 2,099 sqft
- Year Built
- 2029
- Property Type
- Condo
- MLS #
- B26033784
- HOA Fees
- $3,527 / Monthly
- Subdivision
- MODEL LAND CO
- County
- Palm Beach
- Status
- Active
- Special Conditions
- Standard
About This Property
At Banyan Tree Residences West Palm Beach, wellbeing shapes daily life. This limited collection of 88 one- to four-bedroom corner homes features seamless indoor-outdoor living, floor-to-ceiling glass, wraparound terraces, and a refined palette of natural materials. Envisioned by OMA with interiors by Yabu Pushelberg, the residences evoke a serene, retreat-inspired atmosphere elevated by resort-style amenities for renewal. Offerings include a holistic wellbeing and fitness program, hydrothermal spa features, meditation spaces, lush outdoor landscape retreats, and curated social lounges. Ideally positioned downtown, moments from the Intracoastal, Palm Beach Island, Worth Avenue, and premier cultural and culinary destinations, Banyan Tree Residences introduces elevated way of living.
Virtual TourGeneral Features
- Property Type
- Condo
- Status
- Active
- Year Built
- 2029
- Property Condition
- New Construction
- New Construction
- Yes
- Number of Stories
- 26
- Levels
- One
- Garage Spaces
- 1
- Attached Garage
- Yes
- Parking
- Attached / Garage
- Direction Faces
- East
- Lot Size (Acres)
- 0
- Living Sq Ft
- 1,603
- Total Sq Ft
- 2,099
- Structure Type
- Multi Family
- Sewer
- Public Sewer
- Water Source
- Public
- Zoning
- QGD-10 (city)
Interior Features
- Appliances
- Dryer / Dishwasher / Electric Range / Freezer / Disposal / Ice Maker / Microwave / Oven / Refrigerator / Wine Refrigerator / Washer
- Cooling
- Central Air
- Heating
- Central
- Flooring
- Other / Wood
- Interior Features
- Bathtub / Entrance Foyer / Kitchen Island / Living Dining Room / Soaking Tub / Separate Shower / Walk In Closets
- Laundry
- In Unit / Washer Dryer Install Allowed
- Main Level Bedrooms
- 2
- Main Level Baths
- 2
Exterior Features
- Construction
- Concrete
- Roof
- Other
- Exterior Features
- Courtyard / Garden / Lighting / Outdoor Living Area
- Architectural Style
- Contemporary
- Pool Features
- Association / Heated
- Patio & Porch
- Terrace / Rooftop
- Waterfront Features
- None
- View
- City / Intercoastal / Ocean / Water
Community & HOA
- HOA Fee
- $3,527 / Monthly
- HOA Includes
- Common Areas / Cable Tv / Insurance / Pest Control / Sewer / Security / Trash / Water
- Association Amenities
- Cabana / Dog Park / Elevators / Fitness Center / Management / Playground / Pool / Parking / Putting Greens / Sauna / Spa Hot Tub / Security / Trash
- Community Features
- Property Manager On Site
- Security
- Building Security / Elevator Secured / Other
- Utilities
- Cable Available / Electricity Available / Sewer Connected / Water Connected
- Pets Allowed
- Number Limit / Pet Restrictions / Yes
- Financing Terms
- Cash / Conventional
- Restrictions
- No Restrictions / Ok To Lease
- MLS Area
- 5420
This home's HOA fee works out to $3,527 a month, in line with the $3,527 median across 5 homes for sale in Model Land Co. See Model Land Co HOA fees
About the Community
- Homes for Sale
- 6
- Median List Price
- $2,920,500
- Median $/Sq Ft
- $1,943
- Avg Days on Market
- 118
Frequently Asked Questions
- How do I schedule a tour of 400 Hibiscus Street 1202, West Palm Beach, FL 33401?
- Use the Tour button on this listing to request a showing of 400 Hibiscus Street 1202, West Palm Beach, FL 33401. Pick a day and time and choose an in-person or video-chat tour, and a Pure Equity agent will confirm your visit, often the same day.
- Is 400 Hibiscus Street 1202, West Palm Beach, FL 33401 still available?
- 400 Hibiscus Street 1202, West Palm Beach, FL 33401 is currently listed as Active, and has been on the market 118 days. Status updates directly from the MLS as homes go under contract, so ask us to confirm availability before you plan a visit.
- How much is the monthly payment for 400 Hibiscus Street 1202, West Palm Beach, FL 33401?
- With 20% down ($542,400) on the $2,712,000 list price and a 30-year fixed loan at an illustrative 6.875% rate, the estimated principal & interest for 400 Hibiscus Street 1202, West Palm Beach, FL 33401 is about $14,253/mo, before property taxes, insurance, and HOA dues. Use the payment estimate on this page to adjust the down payment and rate.
- How do I get pre-approved to buy 400 Hibiscus Street 1202, West Palm Beach, FL 33401?
- Getting pre-approved shows sellers you're a serious buyer and clarifies your true budget before you offer on 400 Hibiscus Street 1202, West Palm Beach, FL 33401. Contact Pure Equity and we'll connect you with a trusted local lender to review your financing options, no obligation.
- Does 400 Hibiscus Street 1202, West Palm Beach, FL 33401 have an HOA fee?
- Yes: 400 Hibiscus Street 1202, West Palm Beach, FL 33401 carries an HOA fee of about $3,527 monthly. HOA dues usually cover community amenities and shared maintenance; ask us for the current budget, rules, and exactly what's included.
- Can I negotiate the price of 400 Hibiscus Street 1202, West Palm Beach, FL 33401?
- Often, yes. The right offer on 400 Hibiscus Street 1202, West Palm Beach, FL 33401 depends on how it's priced against comparable condo sales in West Palm Beach, how long it's been listed, and how motivated the seller is. Pure Equity will run the comps and help you craft a competitive, well-supported offer.
Listing courtesy of Douglas Elliman
Listing information is provided by BeachesMLS, Inc.and is deemed reliable but not guaranteed accurate by the MLS or Pure Equity. Information is for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties. © 2026 BeachesMLS, Inc. Last updated June 23, 2026.
$2,712,000
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Listed by John B Wilson, Douglas Elliman
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Recent Sales
Recently sold homes in Model Land Co
These are the last 6 recorded closings in Model Land Co, with the price each home actually sold for rather than what it was listed at. They closed at a median of $378 per square foot. The most recent closed on July 20, 2026. Closed sales are what an appraiser and a buyer's agent will look at, so they are the starting point for pricing a home here.
Sold$490,000
Sold · July 20, 2026
695 Dixie Lane
3 bed · 2 bath · 1,344 sqft · $365/sqft
$9,900 under the asking price
Sold$595,000
Sold · June 17, 2026
694 Dixie Lane
3 bed · 4 bath · 1,885 sqft · $316/sqft
Sold$835,000
Sold · June 11, 2026
5800 Gun Club Road
4 bed · 3 bath · 1,848 sqft · $452/sqft
$7,000 over the asking price
Sold$550,000
Sold · May 12, 2026
5678 Silvian Road
3 bed · 2 bath · 1,378 sqft · $399/sqft
$9,900 under the asking price
Sold$1,400,000
Sold · April 29, 2026
550 Skylake Drive
4 bed · 4 bath · 3,704 sqft · $378/sqft
$5,000 over the asking price
Sold$475,000
Sold · March 30, 2026
708 Dixie Lane
3 bed · 3 bath · 1,380 sqft · $344/sqft
$5,000 under the asking price
See every recorded sale in Model Land Co or find out what your Model Land Co home is worth.









