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Commercial and Residential Realty of South Florida

Palm Beach, Florida

Palm Beach located in South Florida is the most expensive place to live in the entire state. Palm Beach is known for its upscale estates and boutiques, as well as its world-famous beaches. If you’ve always wanted to live in a city with beautiful weather, sandy beaches, and an exciting culture Palm Beach may be perfect for you! The city offers extravagant mansions, gorgeous views and plenty of entertainment day or night.

In Florida, Palm Beach is home to more billionaires than any other city. A total of 11 billionaires live in Palm Beach with a combined net worth of $61.6 billion. Of Palm Beach residents with a minimum 10-figure net worth, Thomas Peterffy is the wealthiest, worth an estimated $25.2 billion.

Palm Beach Residential Properties

Palm Beach County Commercial Properties

Palm Beach Market Analysis

Palm Beach is an incorporated town in Palm Beach County, Florida, United States. Located on an island in east-central Palm Beach County, the town is separated from several nearby cities including West Palm Beach and Lake Worth Beach by the Intracoastal Waterway to its west. The city of Palm Beach has an estimated population of 8,816 in 2019, increasing by around 25,000 people between November and April. Forbes reported in 2017 that Palm Beach had at least 30 billionaires, with the town ranking as the 27th-wealthiest place in the United States in 2016 according to Bloomberg News. 

Below is a comprehensive market analysis which provides you with up-to-date details on Palm Beach current active listings, recently sold properties, price trends and demographics. Many famous and wealthy individuals have resided in the town, including United States presidents John F. Kennedy and Donald Trump. Palm Beach is known for upscale shopping districts, such as Worth Avenue, Royal Poinciana Plaza, and the Royal Poinciana Way Historic District.

Palm Beach Parks and Recreation

Home sales in Palm Beach, the exclusive island retreat of the president and countless billionaires, tripled in the third quarter as the wealthy fled the cities and higher-tax states of the Northeast, according to a new report.

The average home price in Palm Beach was more than $7 million during the quarter, according to a report from Douglas Elliman and Miller Samuel. The strength shows little signs of slowing as signed contracts jumped 62% in September, the report said.

Among the big recent sales in Palm Beach was the $28 million sale of a “teardown” mansion owned by telecom tycoon Donald Burns. Billionaire Jude Reyes sold his oceanfront mansion for $19 million and pulmonologist Norman Traverse sold his seven-bedroom waterfront estate for $51 million.

  • Henry Morrison Flagler Museum
  • Phipps Ocean Park
  • The Society of the Four Arts
  • Giant Kapok Tree
  • John D. MacArthur Beach State Park
  • Palm Beach Park Center
  • Municipal Beach
  • Palm Beach Day Spa
  • The Breakers Palm Beach
  • Four Seasons Palm Beach

Great Places To Eat in Palm Beach Florida:

  • Palm Beach Grill
  • Buccan
  • Bice Ristorante Palm Beach
  • Henry’s Palm Beach
  • SeaFood Bar
  • The Circle
  • Cucina Palm Beach
  • Café Boulud
  • Echo Palm Beach
  • Meat Market Steakhouse
  • Renato’s
  • Al Fresco
  • Ta-boo
  • Flagler Steakhouse
  • PB Catch
  • Florie’s
  • BrickTop’s
  • Sant Ambroeus
  • Café L’Europe
  • The Honor Bar
  • HMF in the Breakers
  • LoLa 41 Palm Beach
  • Almond Palm Beach
  • Leopard Lounge
  • Café Via Flora

Explore Florida's Cities

Each year, millions of people descend on Florida’s cities to revel in all they have to offer. Bordered by beautiful beaches and boasting opulent hotels, family resorts, nightlife and lively cultural scenes. The best cities in Florida have everything that you could ever want in a holiday destination making Florida's commercial real-estate market an excellent choice for commercial investment.

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