El Cid Real Estate & Homes for Sale
El Cid, named after the celebrated medieval Spanish hero Rodrigo Diaz de Vivar (his enemies called him ‘Cid’ or lord), lies directly on the intracoastal and plays home to some of the most expensive Mediterranean Revival and Mission-style homes in West Palm Beach. It was formerly the land of commercial pineapple farmers in the late 1800s, until the Florida Land Boom era took hold in the 1920’s and construction started on the homes you see today.
El Cid is held in high regard for several reasons, all which push its cost of real estate to the upper echelons of West Palm Beach. For starters, many of the homes and streets direct you down to the beautiful Flagler Drive waterfront. Additionally, the architectural significance of the 1920’s means that the materials you’ll see in the homes, combined with the styles, include some of the most sought-after home options you’ll find in the area. Pecky cypress woods, grand archways, stunning brick and paver driveways, hardwood floors, opulent pools, gardens and more make El Cid what many call the most prestigious neighborhood in West Palm Beach.
El Cid lies quietly south of the hustle and bustle of downtown West Palm Beach, but close enough to enjoy an evening out with a quick drive to the area’s numerous entertainment and dining hubs. It is also close to beaches, shopping, Palm Beach International Airport, and I-95.
El Cid Real Estate Trends
Because of its supreme waterfront location and close proximity to downtown West Palm Beach and the area attractions, El Cid tends to be a great market for both buyers and sellers. Real estate prices within the last 12-months continue to rise, and the unique architecture of the area is only found in a few other West Palm Beach neighborhoods built during the Land Boom.
Number of Properties Sold: Fifteen (15) Single-Family Homes
Total Volume Sold: $22,527,000.00
Median List Price: $1,672,833.00
Median Sales Price: $1,501,800.00
Sales vs. List Price: 92%
Median Living Sq Ft: 2,970 sq ft (under A/C)
Median Sold Price Per Sq Ft: $523 per sq ft
Median Days on market: 231 Days