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Explore apartments in Palm Beach, the luxury island in Palm Beach County that's home to Mar-a-Lago, Worth Avenue and The Breakers: a market of 165 active condos, all resale, with a median price of $1,349,500.
Listings via IDX (BeachesMLS / Miami Association of REALTORS®) through Trestle/CoreLogic. Information deemed reliable but not guaranteed.
PFS does not currently have its own pre-construction projects in Palm Beach; the island's condo market is entirely resale.
Palm Beach grew out of Henry Flagler's vision. The Standard Oil co-founder, alongside John D. Rockefeller, arrived at this stretch of mangroves in the 1890s and imagined it as the country's elite winter retreat. He opened the Royal Poinciana Hotel in the winter of 1894 and completed his mansion, Whitehall, in 1902 — today the Flagler Museum, which draws nearly 100,000 visitors a year.
The town formally incorporated on April 17, 1911. It's an 18-mile-long barrier island that never exceeds three-quarters of a mile in width — some stretches are only 500 feet wide — with 7.80 square miles of total area, separated from West Palm Beach by the Intracoastal Waterway.
Today it has 9,245 year-round residents per the 2020 census, a figure that multiplies to an estimated 25,000 to 30,000 people during winter season. With a median household income of $168,787, it was ranked the 27th-wealthiest place in the United States in 2016 by Bloomberg, and counted more than 30 billionaire residents per a 2017 Forbes report.
Worth Avenue, with roughly 250 luxury shops and galleries, Mar-a-Lago — the 1924-1927 mansion Donald Trump acquired in 1985 — and The Breakers, the historic hotel that employs more than 2,200 people, are the three names that made the island famous worldwide. Tourism generates roughly $5 billion a year for the area.
Palm Beach has 165 active condos for sale on the MLS today, none of them new construction — it's an entirely resale market. The median price is $1,349,500, with a median HOA of $2,267 a month and a median year built of 1971.
That profile makes Palm Beach the highest entry-price market of any zone in South Florida covered in this analysis — nearly four times the median of neighboring zones like West Palm Beach or Palm Beach Gardens. Land scarcity (7.80 square miles) and the absence of relevant new construction for decades are the structural reason, not a price bubble.
Locate apartments and the island's main points of interest before making a decision.
Answer the most common questions about prices, inventory and the process for buying an apartment on this island.
Palm Beach is an island town in Palm Beach County, incorporated in 1911 on Henry Flagler's vision, and today one of the highest per-capita wealth enclaves in the United States: more than 30 billionaire residents and a median household income of $168,787. It's home to Mar-a-Lago, Worth Avenue and The Breakers, and its condo market is consolidated, scarce and resale: 165 active units today, with a median price of $1,349,500 and median HOA of $2,267 a month.
Who buys in Palm Beach? Ultra-high-net-worth buyers looking for South Florida's most prestigious address; Families who already have a presence in other luxury cities and want a winter-season residence; Investors who see the island's structural land scarcity as long-term value protection; Buyers who prioritize the brand — Worth Avenue, Mar-a-Lago, The Breakers — over the size of available inventory.
There are 165 active condos for sale on the island's MLS today, all resale. We can send you updated availability based on what you're looking for.
No. They're two different municipalities separated by the Intracoastal Waterway: Palm Beach is the luxury island; West Palm Beach is the mainland city, with very different prices.
Palm Beach combines structural land scarcity (7.80 square miles, with no relevant new construction for decades) with South Florida's highest concentration of wealth. We don't guarantee returns: we help you evaluate each opportunity with real market data.
Not currently: the 165 active units on the MLS are resale, with a median year built of 1971.
Yes. International buyers can purchase property without being U.S. residents or citizens. We help you understand the process, though many deals in this price segment close in cash.
