Advice on Buying A Condo or a Townhouse in Palm Beach County

A condo or a townhouse can provide an excellent quality of life for the right home buyer. These buyers are generally looking for a maintenance and hassle-free lifestyle. There is no yard to cut, and no landscaping to worry about. Commonly, condo building also offer residents amenities such as a pool, a gym, or a clubhouse.

Townhouses in Palm Beach County can be quite spacious. The most common layout we see is a garage on the first floor, common living areas and kitchen on the second, with bedrooms on the third floor. Townhouse communities can be found all throughout Palm Beach County, with a high concentration of communities surrounding town centers, malls, shopping and entertainment districts.

Here’s some general advice if you are thinking of buying a condo or a townhouse.

Condos are difficult to finance. If you’re a serious buyer, you’ll need to be prepared to come to closing with a substantial down payment of 20% or more. Lenders are apprehensive to finance a condo at anything below a 70% loan-to-equity ratio, and sellers of condos get nervous when financing is involved. The best chance you have to seal the deal on a condo is to come to the table with all cash – no financing at all.

Understand the HOA rules. Most townhouse communities and condo associations are governed by a homeowners association (HOA), and their rules. At the time you are applying to the HOA to purchase your home, you may want to use it as an opportunity to familiarize yourself with the rules. What are your restrictions? What are your obligations to the HOA? Find these things out before you close, so there are no surprises later.

Don’t start your search online. That seems implausible, we know. But trust us – you’re going to want to work with a Realtor when shopping condos and townhouses from the start, especially if you don’t know the area, or you are open to new neighborhoods and towns. A common problem we see when buyers do too much “shopping” online is that what looks good online is a different story in person. Most of the time, we could have advised you on that prior to you wasting your time. Another common issue we see if buyers being surprised by HOA prices, before they take the time to see a home.

You can save all that time and energy by working with a talented, experienced Realtor right from the get-go. Contact one of our agents today to get started!

Interested in renting a condo or townhouse instead?

Click here to browse available rental properties by city or development.

Browse Rentals Now


Ready to buy a condo or a townhouse?

Work with one of our Realtors! We will guide your through the process, from consultation to closing. Best of all: you won’t pay a dime for our services. The sellers pays for our services!

Tracie Copeland


Tracie Copeland has been a licensed Broker-Owner since 2015. She lives in east Lake Worth, Florida.

Regina Yagudina, GRI

Broker Associate

Regina Yagudina is a Broker Associate with Copeland & Co., and speaks Russian fluently.

Marissa O’Connor

Sales Associate

Marissa is a bilingual residential Realtor, covering western Palm Beach County and Equestrian Properties.

Julie Jensen

Associate Realtor

She is an Associate Realtor with Copeland & Co. Her passion for “everything home” is infectious!

Elida Ferro

Associate Realtor

Elida “Yisele” Ferro is an Associate Realtor with Copeland & Co. Real Estate in West Palm Beach. Elida has more than a decade experience.

Ana Fernandez

Associate Realtor

Ana Fernandez is an associate Realtor with Copeland & Co. Real Estate. Ana loves working with home buyers!