Palm Beach Real Estate
Palm Beach was established as a resort by Henry Morrison Flagler, who made the Atlantic coast barrier island accessible via his Florida East Coast Railway. The nucleus 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 17 April 1911.
An area known as the Styx housed many of the servants, most of whom were black. The workers rented their small houses from the landowners. In the early 1900s the landowners agreed to evict all of the residents of the Styx (who moved to West Palm Beach, Florida) and Edward R. Bradley bought up much of this land. The houses were razed, according to the Palm Beach Daily News.
Palm Beach Listings Summary
Palm Beach - Town vs. County Stats
Avg Price in Palm Beach: $6,247,900 / County Avg $1,618,200
Avg Taxes in Palm Beach: $22,200 / County Avg $8,500
Avg Sq. Ft. in Palm Beach: 2,262 / County Avg 2,199
Avg Price per/sqft in Palm Beach:$2762 / County Avg $736
Avg Walkscore in Palm Beach: 32 / County Avg 31
Avg Year Built in Palm Beach: 1966 / County Avg 1986
Avg Days on Website in Palm Beach: 108 / County Avg 72