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West Palm Beach Real EstateWest Palm Beach is experiencing a continuing real estate and economic growth pattern. As the Stock Market stays positive and interest rates hold to a low rate, real estate investors as well as other knowledgeable people continue to seek the amenities of West Palm Beach real estate on Florida 's sun-filled east coast, and are taking part in the city's future lifestyle offerings.
The history and growing popularity of West Palm Beach attract the attention of people around the world who desire to live in a city that offers diverse international cultural, arts and sports interests.
Population Growth
West Palm Beach is one of the nation's fastest growing cities with an average of 2,000 new residents per month. In 2000, West Palm Beach had an estimated population of 1,137,000 people. In 2005, the estimated population will be 1,229,000 people.
West Palm Beach population became 17th in Florida population growth, accelerating sharply during 2002. With 4,360 new residents and a total population of 90,554, the city passed Miami Beach and Sunrise according to preliminary estimates from the Bureau of Economic and Business Research at the University of Florida . The last time the city grew that fast in a single year was 1995, although that year's 11.2 percent increase was more a reflection of a Census Bureau recount, than of actual growth.
Florida 's 18,000 plus luxury homes rank third nationally for homes $1,000,000 and higher, following behind California and New York . Within Florida , Palm Beach County ranks number 1 in million dollar homes with 3974, followed by Miami-Dade with 2561, Collier County 1639, Broward 1580 and Sarasota 1040 according to the 2000 Census. Within the County of Palm Beach , $1 million dollar homes are located: Town of Palm Beach 927, Boca Raton 608, Palm Beach Gardens 259, Jupiter 227, Jupiter Island 194, Delray Beach 149, and West Palm Beach 128. (Source: September, 2003 report )
In addition to the growth of the West Palm Beach real estate market, the Chamber of Commerce of West Palm Beach is focusing its efforts to encourage additional business growth in communications and information technology, aerospace and engineering, business, finance, and agriculture. Medical/pharmaceutical/health care companies, just as Scripps Research has, are also looking at West Palm Beach real estate for new business locations. Tourism, recreation, and entertainment will all be targeted industries in coming years, allowing numerous opportunities for economic growth.
Live at the best location for West Palm Beach real estate:
The Metropolitan
Sapodilla Avenue at Fern Street
West Palm Beach, Floridasituated in the heart of downtown at West Palm Beach, Florida at CityPlace, Metropolitan is designed with the perfect mix of location, product and value. Catering to the diverse lifestyles of various home-buying markets, this private eight-story condominium provides a five-star ambiance with luxurious amenities.
City of West Palm Beach - traffic reports, weather, events, city government and more.
Ask a Resident.com - information and recommendations from residents on things to do and see.
The West Palm Beach real estate market factors in several important reasons for excellent present and future growth. Palm Beach County rests on 47 miles of beautiful palm tree-lined beaches, ideal for sun bathing, swimming, scuba diving, fishing and other water sports. The average year round air temperature is around 75 degrees; water temperature is 80 degrees. There are over 140 golf courses and 1100 tennis courts. It's no wonder why investors and people wanting to move are looking for new homes for sale in West Palm Beach .
West Palm Beach is the heart of Palm Beach County ,pulsating with arts and culture along the southeast coast of Florida . Consider the explosive growth of the West Palm Beach real estate market. Here, in downtown West Palm Beach , you will find CityPlace, the nation's largest redevelopment center, is a bustling center of attraction full of year-round shopping, dining, arts, and entertainment; as well as the new $83 million Palm Beach Convention Center , the beautiful Kravis Center for the Performing Arts, and the Harriet Himmel Gilman Theater , which feature top-notch theatrical events and music concerts. This West Palm Beach real estate development has brought much attention to the city, attracting many new businesses, and opening up many new jobs for talented people. Clematis by Night , highlights the famous downtown West Palm Beach shopping district with even more arts and live entertainment that you can handle. Also, the Meyer Amphitheatre , known for its top name outdoor entertainment . The Palm Beach International Airport is conveniently located in the western part of the county off of I-95.
Palm Beach County is home to the Palm Beach Institute of Contemporary Art, representing a wide range of diverse cultural images. Eissey Location of Palm Beach Community College . and Yoga College of India located in nearby Palm Beach Gardens . |
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