400 Hibiscus Street # 1202, West Palm Beach FL 33401, West Palm Beach
$2,712,000
West Palm Beach, FL, 33401
Property details
- Bedrooms
- 2
- Bathrooms
- 2.5
- Living area
- 1,603 sqft
- Year built
- 2029
- Type
- Condominium
- Association fee
- $3,526 / monthly
- Days on market
- 43
- MLS #
- B26033784
Listing courtesy of Douglas Elliman · 561-655-8600. Listing agent: Mia T. Morrison. MLS data last updated 2026-07-10.
Description
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.
400 Hibiscus Street # 1202, West Palm Beach FL 33401, West Palm Beach — for sale, listed for $2,712,000 (2 bed, 2.5 bath, 1,603 sqft).
$1,692/sqft · 92% percentile · based on 172 2-bed listings for sale in 33401 (median $380/sqft).
Market trend (our weekly archive)
Our weekly snapshot archive tracks the median for 2-bed listings for sale in 33401: $379/sqft in 2026-W30 to $380/sqft in 2026-W31.
This history is computed from our own recorded market snapshots, not backfilled estimates.
n=171 · 2026-07-27 · Methodology
Run the numbers
Current market segment
Right now: 172 active 2-bed listings for sale in 33401, median asking price $447,000, median $380/sqft.
n=172 · 2026-07-27 · Methodology
Availability in MODEL LAND CO
6 listings are currently active in this building across 6 distinct units (1 × 1-bed, 3 × 2-bed, 1 × 3-bed, 1 × 4-bed).
n=6 · 2026-07-27 · Methodology
Closest-priced alternatives
The 4 active listings closest in price within the same market segment:
Asking price vs the market
Compared with the other 172 2-bed listings for sale in 33401, this home asks $1,692/sqft — the group median is $380/sqft.
That places it above the market midpoint (92% percentile).
n=172 · 2026-07-27 · Methodology
Association fee context
The $3,526 association fee compares with a $1,115 median across 165 2-bed listings for sale in 33401 that report fees.
n=165 · 2026-07-27 · Methodology
Time on market
Against 172 comparable 2-bed listings for sale in 33401, this listing's 43 days on market compares with a 78-day median (27% percentile).
n=172 · 2026-07-27 · Methodology
Are sellers cutting prices here?
40% of the 172 active 2-bed listings for sale in 33401 have reduced their asking price at least once — a direct read on seller flexibility in this segment.
n=172 · 2026-07-27 · Methodology
Market intelligence recomputed weekly from the full live MLS feed · 2026-07-27 · Methodology
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