From its pristine sandy beaches and vibrant culture to its luxurious living options and welcoming community, Palm Beach offers a lifestyle that is as diverse as it is appealing. But what exactly makes this sunny haven such a coveted place to live?
Let’s explore the top reasons to consider making Palm Beach your new home.
Why Palm Beach?
Palm Beach is an island on the Atlantic Coast of Florida. It’s home to gorgeous views, friendly people, and some of the best the country offers in terms of food, mansions, resorts, landmarks, and nature.
Often branded as “the gentler side of Florida” with clean sand, warm water, and fewer crowds, here are a few reasons why you should consider moving to the area:
- Amazing Living Options
While not everyone has a budget fit for Palm Beach, those that do have a buffet of residential living options at their fingertips. While single-family properties are hard to come by, new condo developments have brought an influx of luxury living options to buyers. This includes The Bristol Palm Beach, which is considered the most upscale waterfront condominium in the area.
- Job Opportunities
Palm Beach was the first large-scale “resort city” in the United States. And while it’ll always be seen as that by most people, it’s evolved far beyond resorts.
“Once best known for its tourism and hospitality, West Palm Beach branched out, catering to various industries and providing gainful employment opportunities throughout the area,” local Laure Reader explains. “Sometimes referred to as ‘The Wall Street of the South,’ the Palm Beach area is home to some of Florida’s largest financial enterprises and acts as the home base for over 75 major corporations.”
The list of major corporations in the area includes ADT, Carrier Global, TBC Corporation, Office Depot, NextEra Energy, and Cancer Treatment Centers of America. There are also hundreds of startups and high-growth small businesses in the Palm Beaches region.
- Outdoor Activities
With a whopping 47 miles of pristine, sandy beaches and warm water, there are more outdoor activities than you could imagine. This includes things like jet skiing, sailing, paddle boarding, fishing, kayaking, pickleball, tennis, and more. There’s also Grassy Waters Preserve, which is a 23-square-mile wetlands ecosystem that includes plenty of things for nature lovers to see and experience (including native birds, plants, and alligators).
- Local Attractions
There is plenty to do in Palm Beach, even if you aren’t looking to spend your days out on the water. If you’re a golf enthusiast, PGA National Resort and Spa is nearby, as well as more than a dozen other highly-rated courses. Then there’s the Norton Museum of Art (home to 7,000-plus exhibits from all over the world).
- Friendly Tax Rates
Living in Palm Beach comes with significant financial advantages, notably a favorable tax climate. Florida, as a state, has no personal income tax, which can result in considerable savings, especially for high-income earners.
Furthermore, the state’s property tax rates are close to the national average, despite the high real estate values. The absence of estate and inheritance taxes makes Florida, and by extension Palm Beach, an attractive place for retirees. Families also stand to benefit from this tax structure as it allows for greater financial flexibility.
- Dining and Shopping
Palm Beach is home to dozens of top dining spots, including Michelin-star restaurants, gourmet seafood spots, and trendy coffee shops. Some people flock to Palm Beach just for the grub!
The shopping scene in Palm Beach is equally enticing, especially for those with a penchant for luxury. Worth Avenue, often compared to Beverly Hills’ Rodeo Drive, is lined with high-end designer boutiques, art galleries, and antique shops. Moreover, modern shopping centers like The Royal Poinciana Plaza offer a mix of luxury brands, specialty stores, and charming boutiques. From fashion to home décor, you’ll find an array of options to indulge in retail therapy.
Make Palm Beach Your Home
If you have the budget to make it work, there’s no better place to live in the country than Palm Beach. It has all of the amenities, food, outdoor activities, and entertainment you could ever need – yet still somehow preserves a quiet and laid-back lifestyle that you won’t find in New York, Los Angeles, or South Beach. C’mon down and join us!