Palm Beach Real Estate

Palm Beach, better known as “The Island,” is one of the most affluent and adored cities in all of Florida. Palm Beach real estate is comprised of gated oceanfront mansions, Mediterranean - inspired residential compounds, and luxurious waterfront condos. The tony town is located on a 16-mile long island with the Intracoastal Waterway serving as a barrier between its neighboring city of West Palm Beach, and the Atlantic Ocean gently resting on the eastern side. Home prices in Palm Beach range from $150,000 for a one bedroom efficiency to more than $70 million for an expansive estate with waterfront views. Such magnificent mansions frequently boast private beach access, unobtrusive waterfront views, designer swimming pools, separate pool houses for guests, well-manicured lawns, colorful gardens, and exquisite interior appointments. Because Palm Beach real estate is a coveted treasure and because privacy is a priority for sale transactions, interested buyers are encouraged to seek the expertise of a NV Realty Group professional. Read More

Market Snapshot

Total Listings: 439
Average Price: $9,135,937
Highest Price: $187,500,000
Lowest Price: $250,000

The history of Palm Beach dates back to the late 1800s when early pioneers cleared the land following the Second Seminole War. The breath-taking beauty of the island and promise of business opportunities prompted Henry Flagler, who is commonly referred to as the founder of Palm Beach, to construct hotels like the Royal Poinciana Hotel and the Palm Beach Inn (now the Breakers). After the completion of the Florida East Coast Railroad in 1896, the number of tourists and permanent residents surged. Today, the town, which was officially incorporated in 1911, has approximately 9,000 full-time residents and 20,000 part-time residents. However, the sustained growth over the past 100 years has not hindered its genteel spirit. Hotels such as the Palm Beach Historic Inn, the Breakers Resort, the Colony, and Chesterfield Place still have the same Old-Florida ambiance, relaxed attitude, and desired discretion for guests. Similarly, businesses and restaurants in Palm Beach, especially those situated along notorious Worth Avenue, also cater to the personal needs and expectations of their patrons.

A generous and graceful community, Palm Beachers are well known for their charitable contributions. In fact, residents of Palm Beach donate more money per capita to charitable organizations than any other city in America. Annual events such as the Palm Beach Heart Ball at The Breaker or the Diamond Centennial American Red Cross Ball at Mar-a-Lago guarantee a fabulous social evening and generate a tremendous amount of money for the organizations. Most galas take place in the winter months, as many homeowners are part-time residents or “snowbirds.” These residents give graciously, yet they do not yearn for fame or notoriety. Most residents are business tycoons or industry innovators, not recognizable celebrities. As such, they fiercely protect their privacy and quiet, lavish lifestyle.

In addition to financial generosity, Palm Beachers are also highly touted for their iconic, classic style. This fun fashion rallies behind the eclectic patterns and bright fabrics of Palm Beach native Lilly Pulitzer. In the broadest sense, the “Palm Beach Style” is a bright shift dress for women, white pants with a navy blazer for men, and, of course, Stubbs and Wootton loafers. Known for its elegance and grace, Palm Beach style is a timeless design that fittingly defines the town’s cherished persona.

Apart from social dinners and galas, Palm Beach residents enjoy strolling down Worth Avenue; sailing through the Intracoastal Waterway; fishing offshore near the plentiful Gulf Stream; golfing at the exclusive Palm Beach Country Club; spending the afternoon at the member-only Beach Club; or satisfying the palate at staple restaurants such as Cafe Boulud, Captain Charley’s, or Buccan. For cultural activities, locals appreciate and applaud the Society of the Four Arts Gardens, a beautiful building designated for cultural programs that features an art gallery, a library, an auditorium, and botanical and sculptural gardens; the Norton Museum of Art, a venue internationally known for its compendium of American, Chinese, European, and Contemporary Artwork as well as its acclaimed photography collection and premier exhibits; and Pan’s Garden, a botanical conservatory founded by the Preservation Foundation of Palm Beach.

Families with young children residing on Palm Beach are pleased to send their children to the Palm Beach Public Elementary School or to Palm Beach Day Academy. Private school options for high school include Cardinal Newman High School in West Palm Beach, King’s Academy in West Palm Beach, or the Benjamin School in Palm Beach Gardens.

The immense wonderment of Palm Beach captivates those lucky enough to call the place home. Real estate on Palm Beach will always be an attractive choice for those who wish to embrace the finest coastal lifestyle.

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