Palm Beach Real Estate is the perfect place for families and retirees alike. Many of Palm Beach's residents are affluent, with a median household income of $124,562 and a median family income of $137,867. The town's "abundance of pleasures" and "strong community-oriented sensibility" was cited when Palm Beach was selected as America's "Best Place to Live" by Robb Report in June 2003.
The Town of Palm Beach (called Palm Beach Island or the Island of Palm Beach to differentiate between the town and the county) is separated from the neighboring cities of West Palm Beach and Lake Worth by Lake Worth. This narrow strip of paradise is home to approximately 9,000 full-time residents, but that number swells to 30,000 during the winter season when Snow Birds flock to the island for its tropical weather, sandy beaches, great boating, upscale shopping, fine dining, PGA golf courses and other attractions.
The island has several distinct neighborhoods, each of which offers relaxed, but luxurious living. Singer Island is the northernmost community, followed by the North End. “In Town” properties are located just across the Lake Worth inlet from West Palm Beach City Center. Further south, lay the Estate Section, the South End and finally, Manalapan. Before purchasing property on the island, prospective buyers should be sure to sample each of these exclusive areas. Take a tour of everything Palm Beach has to offer call us at 561 255 7285, today.
All of these communities offer upscale condominiums, luxury homes in gated communities, and multi-million dollar one-of-a-kind estates. While some small 2-2 condos can still be purchased for $250,000 to $300,000, those in luxury high rises often sell for $1 million or more. Larger condos with 3 or more bedrooms are priced much higher – from $2 million to $3 million. Private homes on the island are rare, and most are selling for $5 million to $45 million depending on the architectural style, number of rooms, square footage, acreage, waterfront location and various amenities. These expansive and customized estates typically come with designer kitchens featuring the latest appliances, several bedrooms and up-scale suites, 10+ baths, gorgeous waterfront views of the Intercoastal Waterway and/or the Atlantic Ocean, oversized designer pools, private beaches and docking facilities for large yachts. Other luxury features may include tennis courts, extravagant outdoor living areas perfect for entertaining, well-landscaped grounds with one or more gardens and special entertainment centers.
Whether you are still actively working or ready for retirement, Palm Beach is the perfect place to live, work and play all year round. Established at the turn of the Century by oil and real estate magnate Henry Morrison Flagler, his two luxury resort hotels – the Royal Poinciana and The Breakers – were the flagships of this exclusive resort town. To this day, The Breakers is still a Palm Beach landmark that welcomes visitors from around the globe.
Sports enthusiasts will enjoy the boating, swimming, fishing and other water sports that have made Palm Beach a favorite tourist destination. Golfers will delight in the many exclusive private and semi-private professional courses, including Palm Beach National and The Breakers, Everglades and Mar-A-Lago clubs. Tennis, polo, riding and watching equestrian events are also popular leisure activities in the Palm Beach area.
Palm Beach is the home of many famous “gilded age” estates which are now open to the public. These include the Mar-A-Lago, built in the 1920s by Marjorie Merriweather Post, and the Whitehall Estate, built by Henry Flagler for his wife in 1902. Residents can also enjoy the Four Arts Gardens, also known as the Four Arts Library, Gardens and Philip Hulitar Sculpture Gardens. These botanical gardens feature the lovely Chinese garden with moongate and statuary, a rock garden with formal fountains, a Spanish garden, a tropical garden and sculptures from an array of international artists.
Famed Worth Avenue, which is currently celebrating its 100th year, is an upscale shopping district in Palm Beach. The Avenue, which includes high-end retail stores and gourmet restaurants, was voted one of the top 3 "Most Iconic" streets in America. Visitors can also enjoy several smaller “vias” off the main avenue, which contribute to special ambience of the avenue.
While often considered a retirement community, Palm Beach is also perfect for families with young children. Public Elementary, rated A, is located on the island and has nearly 500 students kindergarten through fifth grade. Palm Beach Day Academy is a private school in the area.
Across Lake Worth lies West Palm Beach, which was originally designed as a service town for the island. Now West Palm has become a major city and a tourist destination in its own right. West Palm has many cultural and recreational activities for people of all ages, including the renowned Kravis Center for the Performing Arts, the Norton Museum of Art, the Palm Beach Zoo, the South Florida Science Center and aquarium and African Lion Safari.
Palm Beach Real Estate offers the perfect lifestyle for those who afford this upscale and vibrant community. If you would like to learn more, please call us today at 561 255 7085 or click the button below to get on your way to a Palm Beach Home.