The Town of Palm Beach is one of the most exclusive residential addresses in the world — a 16-mile barrier island defined by historic Mediterranean estates, Worth Avenue luxury shopping, and the Mar-a-Lago Club.
The Town of Palm Beach is one of the most exclusive residential addresses in the world — a 16-mile barrier island defined by historic Mediterranean estates, Worth Avenue luxury shopping, and the Mar-a-Lago Club. The market is small, highly competitive, and routinely trades at $10M+ for waterfront and oceanfront homes.
Vibe: Ultra-luxury, historic, exclusive.
Palm Beach sits within Palm Beach County, one of South Florida's most active real estate markets. Palm Beach is a luxury market, with single-family pricing among the higher tiers in the county. Inventory tends to be tight, and well-priced properties move quickly. Buyers should be prepared to act decisively, while sellers benefit from professional pricing strategy and high-end marketing. For a broader view of how Palm Beach compares to other Palm Beach County cities, visit our Palm Beach County overview or complete cities list.
Whether you're buying your first home in Palm Beach, selling a long-time residence, or looking for an investment property, our team brings local knowledge of every neighborhood, school zone, and submarket. Explore buyer services, view our seller strategy, or get a free home value estimate for your Palm Beach property.
Palm Beach is composed of 5 primary neighborhoods and subdivisions. Here's a quick guide to each — local character, price tier, and what makes them distinct.
Ultra-premium estate corridor north of Worth Avenue with Atlantic and Intracoastal frontage.
Central Palm Beach with the island's most expensive single-family estates.
Condo-heavy corridor south of Sloan's Curve with oceanfront towers.
Walkable district anchored by Worth Avenue luxury shopping and dining.
Private island within Palm Beach with single-family waterfront estates.
Schools serving Palm Beach families. Florida Department of Education grades shown reflect the 2023-24 academic year — school zoning can change, so we recommend verifying the assigned school for any specific property before making an offer.
Palm Beach is one of 14 cities we cover in Palm Beach County. Here are some nearby markets worth exploring:
Quick answers to the most common questions we get from buyers, sellers, and investors.
As of recent 2024 estimates, the median single-family home price in Palm Beach is approximately $5,250,000, with an average price per square foot around $2,485/sqft. Luxury and waterfront properties command premium pricing well above this median; entry-level inventory still exists west of major coastal corridors. For current MLS-based pricing in a specific Palm Beach neighborhood, contact Divito Real Estate Group for a free, no-obligation market analysis.
Top schools serving Palm Beach include Palm Beach Day Academy (Private PK-9); Palm Beach Public (Florida DOE grade A, Public K-5); Rosarian Academy (Private PK-8). (Florida Department of Education school grades reflect the 2023-24 academic year.) School zones can change; we recommend verifying the assigned school for any specific Palm Beach property before you make an offer.
Average drive time from Palm Beach to West Palm Beach runs approximately 10-40 minutes; Miami is 60-90 minutes south via I-95. South Florida traffic varies significantly by time of day and route. Brightline rail also provides commuter service between major coastal cities for buyers who prefer to skip I-95 traffic.
Florida property tax averages approximately 1.0% of assessed value statewide. Combined Palm Beach County millage rates (county + city + school district + special districts) are typical of South Florida. Homestead Exemption can reduce taxable value by up to $50,000 for primary residences. Many luxury and gated communities carry HOA fees ranging from $300 to $1,500+ monthly depending on amenity level. For specific tax estimates on a Palm Beach property, contact our team — we'll pull the actual assessed value and current millage rate.
Popular Palm Beach neighborhoods include North End, Estate Section, South End, Midtown / Worth Avenue area, and Everglades Island. Each has a distinct character, price tier, and amenity profile — see the Neighborhoods section above for details on each, or contact our team for help matching your priorities to the right Palm Beach neighborhood.
Talk to a Divito Real Estate Group local expert about Palm Beach homes, neighborhoods, and market conditions. Free consultation, no pressure.