The town of Palm Beach has long been the resort community of choice for the social elite. With miles of pristine sugar sand beaches, exclusive clubs, incomparable estate compounds, designer shopping along Worth Avenue and Michelin-quality dining, life on this barrier island is unlike anywhere else.
Here quiet opulence is the order of the day…and life revolves around its unique village center. Many aspire to its lifestyle. Most were born into it. Long a haven for old money, captains of industry and political scions, it is the East Coast’s answer to Malibu, Cannes and Lake Como all rolled into one—where mega-yachts are de rigueur, and the social calendar dictates events at such landmark resorts as The Breakers and Mar-a-Lago.
Luxiry homes in Palm Beach cater to affluent lifestyles, with many providing exclusive access to private beaches and wide ocean views. Single-family and luxury properties have square footages of between 1,500 to over 32,000 square feet. Many properties along the island feature oceanfront or Intracoastal access. Condos on the island have square footages ranging between the 800s to over 7,000 square feet for larger penthouses.
Palm Beach’s tropical climate attracts people year-round, making it an ideal destination for both permanent and seasonal residents. High-end properties here vary from beach-side condos to multi-million dollar custom estate homes. Many will agree that the number one rule in real estate is location, and this applies to all properties here.
It began with the 1878 wreck of the ship Providencia, which set sail from Havana with coconuts bound for Barcelona. When the ship serendipitously washed ashore on what is now Palm Beach, early settlers planted those coconuts to launch a commercial enterprise. The palm trees flourished, but the coconut business floundered. By 1880, word of this superlative spot had spread north and the establishment of the Coconut Grove House Hotel was the early response to incipient tourism.
By the mid-1890’s the railroad had arrived, and Henry M. Flagler had opened both his Royal Poinciana Hotel and Oceanside Palm Beach Inn, destined to be renamed The Breakers.
100+ years of graceful evolution later, Palm Beach is now an incorporated town separated from neighboring West Palm Beach by the Intracoastal Waterway. The easternmost town in Florida, it covers about 10.4 square miles, of which only 3.9 square miles is land! It is home year ’round to 9,000 fortunate few, with an additional 20,000 who winter here. Browse the newest luxury real estate listings in Palm Beach, FL.
Today, Palm Beach is a community with an elected Mayor and City Council, an active historic preservation society, highly active charitable organizations, 3 miles of superb public beaches, the world’s finest shopping on Worth Avenue, multiple country clubs with award-winning golf and tennis facilities, The Flagler Art Museum, Four Arts Gardens, innumerable private banks lining Royal Palm Way, and the remarkable Palm Beach International Airport barely 15 minutes away.
The city of West Palm Beach—which began as an adjunctive service community for Palm Beach, has itself developed into a vibrant neighboring community just across the bridge on Flagler Way. From the Kravis Center opera and theatrical entertainment to diverse clubs, restaurants, and galleries on Clematis Street and the exceptional El Cid historic residential district, the energy of this adjacent section of West Palm Beach has made it the natural choice for affluent active professionals.
Four prominent architects each had a hand in influencing what is known today as Palm Beach architecture—Addison Mizner, Maurice Fatio, Marion Sims Wyeth, and John Volk. The unmistakable styles they created, from Mediterranean Revival to Tropical Georgian, became the hallmark of Palm Beach architecture.
Premier Estate Properties is proud to offer a splendid array of luxury real estate in Palm Beach's most desirable locations. From exquisite mansions spanning multiple acres of land to luxury condominiums and oceanfront property, we can make your dream home a reality. Our experienced Palm Beach realtors would love to help—contact us, or visit our local office on Worth Avenue today.
Though many investors often rely on the expert consultation of accountants, financial advisors, and attorneys, some remain reluctant to seek the same specialized guidance of a real estate advisor. With...