Palm Beach Cabanas Are Now Worth Over $1 Million
If you've spent time in Palm Beach's most coveted oceanfront buildings, you already know that a poolside cabana is more than a place to store your towels. It's a piece of real estate in its own right, and the market is treating it that way.
A recent article in the New York Post highlighted what many of us in the Palm Beach market have been observing firsthand: cabana prices have pushed past $1 million at select buildings, with valuations at Sloan's Curve reaching approximately $500,000 and cabanas at the Ritz-Carlton Residences in Palm Beach Gardens now listed at over $1 million each.
These aren't amenities. They're deeded properties with their own maintenance fees, tax obligations, and title transfers. And in some cases, they're among the most sought-after assets in the building.
What's Driving Cabana Values
A few factors are contributing to this trend. First, supply is extremely limited. Most buildings have a fixed number of cabanas, and waiting lists at desirable addresses can stretch for years. When one trades, it sets the benchmark for the next.
Second, the profile of Palm Beach buyers has shifted. Today's purchaser is often acquiring a primary or significant secondary residence and expects a complete lifestyle offering. A cabana is no longer a luxury add-on. It is increasingly viewed as an essential component of the full ownership experience.
Third, and perhaps most interestingly, preferences within the cabana market itself have evolved. As one broker noted in the article, demand has shifted toward ocean-side cabanas where owners can watch the waves rather than face the sun. That kind of nuance tells you a lot about the sophistication of today's Palm Beach buyer.
What This Means for Buyers and Sellers
For buyers considering buildings where cabanas trade separately, it's worth understanding that the cabana market operates on its own dynamics. Availability is limited, pricing can move quickly, and in some buildings, if you sell your condo and the buyer doesn't want your cabana, you may be required to sell it separately and immediately.
For sellers, a cabana can meaningfully enhance the appeal and value of a listing. In our experience working across Palm Beach's premier oceanfront addresses, buildings such as Sloan's Curve, The Palm Beach Hampton, and 3360 South Ocean are among those where cabana access and poolside amenities have played a meaningful role in attracting qualified buyers.
The broader takeaway is this: in Palm Beach, every square foot carries weight, even the ones by the pool.
Read the full New York Post article here: nypost.com/2025/03/21/real-estate/prices-for-cabanas-reach-1-million-in-palm-beach
The Next Move Is Yours
Whether you are buying, selling, or simply looking to understand how amenities like cabanas factor into Palm Beach property values, we are here to help guide you with clarity and confidence.
Scott Gordon
(561) 346-4141
Mindy Gordon
(561) 302-3133
Attribution: This blog was inspired by reporting from Heather Senison of the New York Post. Read the full article here: nypost.com/2025/03/21/real-estate/prices-for-cabanas-reach-1-million-in-palm-beach
