Projects

Palm Beach Auto Haus

Project facts

Status
Pre-Development
Address
2500 N Florida Mango Rd, West Palm Beach, FL 33409
City
West Palm Beach, Florida
Region
South Florida
Submarket
West Palm Beach; Boca Raton
Units
20
Average unit size
2,000 SF
Amenity tier
Premium
Key amenities
Private mezzanines, high-end finishes, advanced security, padel courts, co-working space, cafe, fitness and wellness, members club, driving and racing experiences
Construction
Tilt Wall
Finish level
Ultra Premium
Flood zone
AE

Location Summary

West Palm Beach / West Palm Beach; Boca Raton Overview

Palm Beach Auto Haus is a planned 20-suite premium community at 2500 North Florida Mango Road in central West Palm Beach, set on the eastern edge of the Westgate and Belvedere Homes redevelopment district, whose boundaries run from Florida Mango Road west to Military Trail and from Okeechobee Boulevard south to Belvedere Road. It links downtown West Palm Beach and Palm Beach island, about 10 minutes east, with the lake, golf, and equestrian communities to the west. The sponsor's program calls for private mezzanines, a members club with cafe and co-working space, padel courts, fitness and wellness space, and curated driving experiences; the project is in pre-development and not yet under construction.

The macro story is inherited from the parent summaries. Palm Beach County ranked first in the nation for net income inflow from domestic migration, a cumulative $22.7 billion from 2019 to 2023, and South Florida carries the highest wealth-index reading in the SCK coverage footprint. At the corridor level, West Palm Beach to Boca Raton pairs multi-decade Boca Raton wealth with finance professionals arriving through the downtown "Wall Street South" office wave, a balanced demand profile at the 82.6 wealth percentile with an upward trajectory.

Access is central. Interstate 95 is roughly 1.5 miles east via Okeechobee Boulevard and Belvedere Road, Florida's Turnpike is about 10 minutes west on Okeechobee Boulevard, and the county's commercial airport terminal sits about five minutes to the southwest.

Current Events & Infrastructure

Key Demand Drivers

Demand for the project comes from households whose vehicles outnumber their parking. The district around the site is being rezoned for thousands of additional apartments and townhomes, the downtown towers ten minutes east deliver one or two spaces per residence, and the established western neighborhoods were built with standard two-car garages. Secure garage suites with a members club fill that gap for owners who want their collection close to where they live, work, and entertain.

Location Highlights

Area Demographics (ACS 2024)

5-Mile Profile: Population 279,544 | Median HH Income $70,952 | HH Earning $150K+ 16.1% | Median Age 40.4 | Age 55+ 31.7% | Seasonal Units 10.8% | Households with 3+ Vehicles 13.3% | YoY Population Growth Not available

Wealth Index: 7.1 / 10 (SCK portfolio-relative)

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