Palm Beach Real Estate

Palm Beach is home to some of the wealthiest people and some of the most expensive real estate around. Visitors and residents alike are continually awed the beauty of this narrow, 14-mile long barrier island, which provides a leisurely lifestyle and stunning views of the Intracoastal Waterway and the Atlantic Ocean.

Palm Beach real estate encompasses cute beach cottages, posh mansions and luxury waterfront condos. The average home sale price in Palm Beach is around $1.5 million. The median home price for Palm Beach in 2003 was $355,000, up as healthy 34% from 2002.

Palm Beach has several distinct neighborhoods. The center of town is known more for historic houses built in the 1920s and 30s. North End offers a family environment with single-family dwellings set on quiet streets. The Main Street area of Palm Beach likens itself to New York’s Greenwich Village with abundant shops, restaurants, condominium living.

BeachPoint, Carlton Place, Haycoln and The Enclave are some options for luxury condo living on the island. With prices ranging from $199,000 to well over $1 million, these amenity-rich buildings offer breathtaking views of the water, lovely landscaped grounds and privacy.

Architecturally inspired by the West Indies, Flagler Landing is an intimate, waterfront community offering spacious townhomes from $500,000 to over $1 million. Flagler Landing is a newer community with a laidback lifestyle, offering access to beaches, swimming and docks for small boats.

One of the newest additions to Palm Beach real estate is the pricy Bellaria. The property will consist of two five-story buildings, with a total of only 34 residences. Carrying price tags from $1.6 million to $5 million, the Bellaria residences each have direct elevator entry, ceiling heights between 10 and 20 feet, top-of-the-line appliances and private balconies. The buildings have direct access to the beach, as well as a private area on a dune for tanning.