A co-operative building in Palm Beach, Florida
Park Place, Palm Beach
A 42-apartment co-operative at 369 South Lake Drive, built in 1961, along the Lake Worth Lagoon side of town, a short walk to Worth Avenue.
Homes, years and sizes: Palm Beach County property records (2025 tax roll).
Overview
About Park Place
Park Place is a co-operative on South Lake Drive, recorded on the county roll as Park Place Inc. It has 42 apartments, built in 1961, of about 1,160 to 2,270 square feet.
South Lake Drive follows the lake side of town, where the Lake Trail runs along the Lake Worth Lagoon. Worth Avenue and the Society of the Four Arts are a short walk.
Lake Drive Co-op, Eliot House and Southlake are neighbors within a block or two, so buyers can compare co-operative and condominium buildings side by side.
At a glance
- Streets
- South Lake Drive
- Home type
- Co-operative apartments
- Built
- Mostly 1961
- Living area
- About 1,160 to 2,270 sq ft
- Zip code
- 33480
- County
- Palm Beach County
- Association
- Park Place, Inc. (co-operative corporation)
On the market now
Homes for Sale in Park Place
Listings inside the boundary of Park Place, newest first, updated through the day from BeachesMLS. No homes are listed for sale here right now. New listings come up through the year; ask me to watch for one.
No properties found
All listings featuring the BMLS logo are provided by BeachesMLS, Inc. This information is not verified for authenticity or accuracy and is not guaranteed. Copyright © 2026 BeachesMLS, Inc. IDX information is provided exclusively for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by BeachesMLS. Listings held by brokerage firms other than Douglas Elliman Real Estate are identified with the listing firm’s name on each listing’s detail page. Listing data is refreshed at least every 12 hours.
Closed sales
The Park Place Market
Closed sales inside the boundary of Park Place, every home type together. Medians and the middle range say more than any average, and in a community this size a single unusual sale can move a year.
One closed sale in twelve months is a thin sample, so read the median as a marker, not a price for any one home. We pull every closing here for any home you are considering.
| Measure | Last 12 months | Year before | Change |
|---|---|---|---|
| Homes sold | 1 | 3 | -67% |
| Median sale price | $2,725,000 | $3,950,000 | -31% |
| Median price per sq ft | $1,170 | $1,864 | -37% |
| Active listings now | 0 |
BeachesMLS closed sales inside the boundary of Park Place, twelve months through October 2026, via IDX Broker. Active listings now is live from the MLS feed; the median asking price updates monthly. Listing information deemed reliable but not guaranteed.
Association and costs
The Park Place Association and What It Costs
Who runs the association, what governs it, and what current listings say the fee is.
| Association | Park Place, Inc. (co-operative corporation) |
|---|---|
| Florida corporate record | Sunbiz document 199135, filed January 14, 1957 (opens in a new tab) |
| Water | South Lake Drive runs along the Lake Worth Lagoon; we confirm views for a specific apartment. |
Association Fees From Current Listings
| Association fee, median | $4,076 a month |
|---|---|
| Typical range | $4,076 to $4,076 a month |
| Club membership | Not required |
From 1 current and recent BeachesMLS listings in Park Place, via IDX Broker, refreshed weekly. Fees are monthly equivalents of the association fees in each listing; condo, master and sub-association fees can stack. The recorded documents, the current budget and the estoppel govern.
What Else to Check
- Co-operative structure Building costs are shared through the corporation, and the board sets approval and financing rules; we confirm both for a specific apartment.
- Taxes and insurance After a sale the assessed value resets the following January. Flood zone and roof age drive insurance quotes, so we check both for the address.
- Estoppel The closing agent orders an estoppel certificate from each association, which confirms what is owed at closing.
Documents to Review Before Closing
- Before you sign: the association disclosure summary and the parcel’s tax bill, including any non-ad valorem lines
- Before you sign: leasing and approval rules if you may rent, and architectural rules for exterior changes
- Before closing: estoppel certificates from every association that applies
Where it sits
Around Park Place
Places nearby.
Zoned Public Schools
At the center of Park Place, the School District of Palm Beach County zones Palm Beach Public Elementary (elementary), Conniston Middle (middle) and Forest Hill High (high). Boundaries are set by address and can change, so we confirm them for the home you are considering.
Elementary
- Palm Beach Public Elementary
Middle
- Conniston Middle
High
- Forest Hill High
How it came to be
A Short History of Park Place
- 1911
The Town of Palm Beach was incorporated on April 17, and the first Royal Park Bridge opened.
- 1961
Park Place was completed, according to the county roll.
- 2010
The town completed its restoration of Worth Avenue.
Sources: Palm Beach County 2025 tax roll (Florida Department of Revenue), Town of Palm Beach history page.
The boundary
Park Place on the Map
Questions
Questions Buyers Ask About Park Place
What do homes in Park Place cost right now?
No homes are listed for sale here right now. New listings come up through the year; ask me to watch for one. The market section above shows what homes here actually sold for over the past year.
How is buying into a co-operative different from buying a condominium?
In a co-operative you buy shares in the corporation that owns the building and receive a lease on your apartment, rather than a deed to a unit. The corporation’s board usually reviews and approves buyers. We read the corporation’s documents with you and confirm the approval steps, financing rules and lease terms for a specific apartment.
Where is Park Place in Palm Beach?
At 369 South Lake Drive, on the lake side of town a short walk from Worth Avenue.
When was Park Place built?
The county roll dates it to 1961.
How big are the apartments?
About 1,160 to 2,270 square feet on the county roll. We confirm the plan for a specific apartment.
How many homes are in Park Place, and when were they built?
Palm Beach County property records list 42 residential parcels in Park Place, most built 1961, with a typical living area of about 1,580 square feet.
Who runs the Park Place association?
Park Place, Inc. (co-operative corporation) (Florida document 199135, filed January 14, 1957) governs the community; we confirm the current management company for each home.
What are the association fees in Park Place?
The fee table on this page is drawn live from current and recent listings. The seller’s disclosure, the association disclosure summary and the estoppel certificate confirm the exact amount for a specific home.
Is Park Place gated?
We have not found an official source on building entry; we confirm access arrangements for a specific unit.
Which public schools serve Park Place?
At the center of Park Place, the School District of Palm Beach County zones Palm Beach Public Elementary (elementary), Conniston Middle (middle) and Forest Hill High (high). Boundaries are set by address and can change, so we confirm them for the home you are considering.
Keep Exploring
More Palm Beach Neighborhood Guides
Park Place · Palm Beach
Let Us Take Care of the Details
Tell us the street or the home in Park Place. We come back with the listings, the association’s fees and rules, and what similar homes sold for, then arrange the visits and coordinate every step to closing day.
Monika Phillips, Sales Associate, Douglas Elliman Real Estate
- Association fees, rules and documents gathered for each home
- Leasing and approval rules pulled up front
- Tax bill and flood zone checked for the address
- One team from the first look to closing day
Home counts, years built and sizes come from Palm Beach County property records (2025 tax roll); association records from the Florida Division of Corporations; school zones from the School District of Palm Beach County. Listing and sales data from BeachesMLS via IDX is deemed reliable but not guaranteed; listings may be held by brokerages other than Douglas Elliman. Association fees shown come from current and recent listings and can differ from the association’s budget; recorded documents and the associations’ own figures control. Verify anything that matters to your decision with the source. Monika Phillips, Sales Associate, Douglas Elliman Real Estate. Equal Housing Opportunity.
