West Palm Beach Real Estate

West Palm Beach Real Estate

West Palm Beach was founded in 1894, making it the oldest city in Palm Beach County. It is separated from its neighbor, Palm Beach, by the Intracoastal Highway. The city has an estimated population of around 103,038. West Palm Beach real estate continues to attract attention from investors - not too surprising considering its location on the coast and evident by the 3.03 percent increase in the population over only a three-year period. The last couple of decades has seen a big downtown resurgence along with a pointed effort to preserve and renovate the historic buildings of West Palm Beach.

Shopping and Dining

Residents will not only find hundreds of amazing shopping and dining options located nearby their West Palm Beach real estate, they may even be overwhelmed by the amount of options afforded to them. In fact, West Palm Beach is known for its shopping and dining. Go down to Clematis Street in downtown in order to find a large variety of international dining spots, such as Hullabaloo, The Chickpea or Ristorante Santucci,  many of which have spectacular waterfront views. The Northwood Village is another district known for its ethicnic restaurants and vintage shops. Residents will want to be sure to head down here for the monthly Art & Wine Promenade, where one can enjoy wine tastings, lots of great food and live entertainment. Or visit CityPlace, which boasts 72 acres of Italian-inspired plazas and architecture where residents can shop at more than 100 stores, including Apricot Lane, Francesca's, H&M and Puppies in Paradise, as well as find plenty of places to grab a bite to eat. Then there's the Palm Beach Outlets. It doesn't matter what residents are looking to shop for, they'll find it here. There are more than 100 outlets located at the Palm Beach Outlets, which can be found right off of I-95. 

Parks and Recreation

Because West Palm Beach real estate is located right by the ocean, residents will find that there are plenty of recreational opportunities to take part in, from taking a run down the beach to going for a swim or taking a boat out onto the water and much more. There are some gorgeous public parks to enjoy as well. There are dozens of parks that residents can explore, including the Centennial Square and Fountain Park, the Flagler Waterfront Walking Park, the Palm Beach Post Centennial Park and the Palm Beach Zoo & Conservation Society, just to name a few. Many of these parks have playgrounds, walking paths, picnic tables and much more. There's also the Warren Hawkins Aquatic Center, where residents can learn how to swim or go swimming without having to worry about swallowing salt water or battling against the waves of the ocean. There are tons of recreational opportunities to take advantage of as well. Some of the sporting recreational events worth checking out include the Boca Raton Bowl, the Honda Classic, the FTI Winter Equestrian Festival and the Eau Palm Beach Marathon & Run Fest. 

Owners of West Palm Beach real estate also have access to a great number of arts and culture attractions. Residents can learn about the history of West Palm Beach by visiting the Richard and Pat Johnson Palm Beach County History Museum, which is located in the historic Court House in downtown. To view live performances of dance, opera, music and theater, residents should check out the Raymond F. Kravis Center for the Performing Arts. Then there's the Norton Museum of Art, which is the largest art museum in the state and boasts an impressive permanent collection that features 19th and 20th century European art, American art, Chinese art and more.

Historic Communities

Due to the fact that the city has been around for more than a century, it should come as no surprise that it boasts a number of beautiful, historic neighborhoods. One of the oldest neighborhoods still intact is the Grandview Heights Historic District. Almost half of the neighborhood was demolished in the late 1980s, and it was only recently that residents have come together to stop remaining homes from being demolished. Investors have taken renewed interest in the neighborhood and have begun investing heavily in it. The area is known for its craftsman-style bungalows and Mediterranean revival-style homes. Another historic neighborhood that has attracted renewed interest is Flamingo Park, which was named to the National Register of Historic Places in 2000. Buyers can find mission-style homes built during the 1920s here along with Mediterranean revival-style houses. Other historic neighborhoods of note include the Clematis Street Historic Commercial District, the El Cid Historic District and Northwest Historic District to name a few.

Living

The median home value in West Palm Beach, which is $196,100, tends to be in line with average home values across the state Florida, which is $170,800. The income per capita in West Palm Beach is $30,493, slightly above both Florida's income per capita of $26,451 and the national income per capita of $28,051. The unemployment rate as of December of 2014 was 4.6 percent, which is better than the state's 5.6 percent unemployment rate. The cost of living for owners of West Palm Beach real estate is 3.7 percent greater than the state average and 4.8 percent greater than the national average. Major employers of residents in West Palm Beach include General Dynamics, Pratt & Whitney Rocketdyne, Cemex, CSC and Sikorsky Aircraft.

Schools, Health, and Transportation

Residents of West Palm Beach real estate are served by the School District of Palm Beach County. This school district runs 107 elementary schools, 33 middle schools, and 24 high schools. It is among the largest school districts in the country with a student enrollment of more than 171,5000. West Palm Beach parents wishing to send their children to private school can consider the Cardinal Newman High School, Oxbridge Academy or The King's Academy.

West Palm Beach is home to quite a few different healthcare facilities. Among the most prominent hospitals in the city are Good Samaritan Medical Center on North Flagler Drive, St. Mary's Medical Center on 45th Street, and West Palm Hospital on 45th Street. All three medical centers provide emergency care for residents living on nearby West Palm Beach real estate.

In West Palm Beach, Tri-Rail offers transportation services that connect West Palm Beach with other Florida cities including Miami and Fort Lauderdale. Palm Tran is another source of transportation in the area. This public bus system runs throughout Palm Beach County. Because waterways surround the two communities, transportation by water taxi is commonly used by residents of West Palm Beach and Palm Beach real estate. Residents won't have to drive too far from their West Palm Beach real estate in order to reach an airport either - the Palm Beach International Airport is roughly three miles away, while the Fort Lauderdale-Hollywood International Airport is under 45 miles away.

If you are thinking about buying or selling a home, give us a call at 561-441-5346 or send us an email to explore your options and to find out when is the best time for you to make a move.