Palm Beach FL

Palm Beach Market Statistics

by Price Range

General Stats

Highest Price Listing

$69,900,000

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Average Listing Price

$3,421,097

Total Market Listings

547

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Average Price Per Sq Ft

$1,308


The Town of Palm Beach sometimes called The Palm Beach Peninsula or the Island of Palm Beach to differentiate between the town and the county.  Palm Beach is an incorporated town in Palm Beach County, Florida, United States. The Intracoastal Waterway separates it from the neighboring cities of West Palm Beach and Lake Worth. In 2000, Palm Beach had a year-round population of 10,468, with an estimated seasonal population of 30,000.

Palm Beach was established as a resort by Henry Morrison Flagler, a founder of Standard Oil, who made the Atlantic coast barrier island accessible via his Florida East Coast Railway. The heart of the community was established by Flagler's two luxury resort hotels, the Royal Poinciana Hotel and The Breakers Hotel. West Palm Beach was built across Lake Worth as a service town and has become a major city in its own right.

Flagler's house lots were bought by the beneficiaries of the Gilded Age, and in 1902 Flagler himself built a Beaux-Arts mansion, Whitehall, designed by the New York–based firm Carrère and Hastings and helped establish the Palm Beach winter "season" by constantly entertaining. The town was incorporated on April 17, 1911.

Today, Palm Beach is an international Mecca for the rich and famous with a wide array of color, culture and style.