The Most Expensive Neighborhoods in West Palm Beach, FL

The Most Expensive Neighborhoods in West Palm Beach

West Palm Beach, FL, is renowned for its sunny beaches, vibrant cultural scene, and luxurious lifestyle. While many flock to this coastal city for a taste of Florida sunshine, others are drawn to its opulent neighborhoods, where exclusivity and elegance reign supreme. But what makes these areas stand out? In this post, we’ll explore the most expensive neighborhoods in West Palm Beach, unraveling the allure behind these coveted locales and what they offer to residents.

North Shore Terrace

Experience the timeless elegance of North Shore Terrace, a remarkable collection of residences built between the 1920s and 1940s in the historic Old Northwood District of West Palm Beach. This Florida real estate reflects a bygone era of craftsmanship and design, making it a worthy investment for discerning buyers. You might wonder about the cost—prices start in the millions and can go even higher. Such an extraordinary price tag is justified by the expansive properties, boasting manicured grounds of over 33,000 square feet and interior living spaces exceeding 13,000 square feet.

Choose from a diverse selection of floor plans, ranging from cozy two-bedroom retreats to grand six-bedroom estates, with up to seven luxuriously appointed bathrooms. Primary suites feature spa-like bathrooms and walk-in closets, while spacious guest rooms each come with private bathrooms. The soaring 11-foot ceilings create a sense of grandeur throughout the homes, complemented by thoughtful amenities designed for an elevated lifestyle. Modern conveniences, including dedicated laundry rooms equipped with premium appliances, enhance everyday living. Homeowners have also upgraded windows and doors to withstand Florida’s challenging climate, ensuring safety and comfort for all who reside within.

Southland Park

The Southland Park neighborhood exemplifies the timeless elegance of Mediterranean Revival architecture, gracefully lining several tree-shaded streets just south of downtown Palm Beach. Real estate in this area commands premium prices, with the median listing hovering just below $3 million dollars. While a select few properties may be available for under a million, most homes fetch significantly higher prices. The neighborhood’s sought-after waterfront mansions routinely exchange hands for between $30 million and $50 million.

A variety of home sizes caters to diverse lifestyle preferences. More modest residences typically offer two bedrooms within approximately 1,000 square feet of living space, while the grander estates boast five to six bedrooms across an average of 5,000 square feet. These larger properties often feature luxurious outdoor pools, expansive patios, and spacious garages.

Most Expensive Places to Live in West Palm Beach FL

Interested in the most expensive neighborhoods in West Palm Beach, FL? Start searching all available West Palm Beach homes for sale, or contact our local South Florida real estate experts with Fulton Grace for all your home buying & selling needs!

Tropic Isle

Tropic Isle’s generous quarter-acre lots represent prime real estate for good reason. These single-family waterfront properties are just minutes from downtown Delray, stunning beaches, popular shopping centers, and acclaimed restaurants. The location alone speaks volumes. The homes themselves are equally impressive, with many boasting over 5,000 square feet and a variety of floor plans ranging from two to six bedrooms. The interiors feature high-end chef’s kitchens, elegant marble flooring, and soaring ceiling heights, creating a luxurious living environment.

Outdoors, the properties are paradises in their own right. Standard backyard amenities include heated swimming pools, covered patios, cozy fire pits, and beautifully maintained grounds adorned with local Florida flora. Residents enjoy private boat docks that provide direct access to pristine beaches, premium shopping, various places of worship, and an array of exceptional dining options.

While residency at Tropic Isle comes with a hefty price tag—averaging in the multi-millions—it is undeniably worth the investment for those with the budget.

El Cid

Ranging from two to four million dollars—and even higher in some cases—homes in El Cid epitomize the height of historic luxury in West Palm Beach. This prestigious neighborhood is renowned for its breathtaking Spanish Mediterranean architecture from the 1920s and 1930s, meticulously preserved and thoughtfully updated for modern living. Unique architectural features, such as ornate columns, decorative tiles, and wrought iron accents, harmoniously blend period charm with contemporary comforts, including high-end kitchens, zoned temperature control systems, and private backyard pools.

Every detail in El Cid has been carefully curated to provide an exceptional living experience that upholds the highest standards of luxury real estate. The properties offer detached garages and are complemented by well-maintained paved roads and professional landscaping, complete with automatic sprinkler systems. Beyond the neighborhood’s borders, residents enjoy easy access to a wealth of local Palm Beach favorites, including the inviting Triangle Park and the scenic waterfront.

Miramar Shores

What can one possibly do with seven bedrooms and ten bathrooms? You could host an entire community of family and friends or enjoy the luxury of a different house experience every day of the week. This is the privilege that homeowners at Miramar Shores enjoy, albeit at a staggering average price of nearly $10 million. These expansive properties boast equally generous lots, showcasing all the hallmarks of a quintessential Florida mansion: think elegant quartz countertops, cozy built-in breakfast nooks, stylish powder rooms, genuine hardwood flooring, and recessed lighting.

The backyards are designed for all-day outdoor living, featuring in-ground pools, charming gazebos, and lush gardens. Located in prime Palm Beach coordinates, Miramar Shores offers unparalleled access to the sea and is just moments away from various tennis centers, marinas, and transportation hubs.

Edmor Estates

When most people envision a home from the 1950s, they picture a small bungalow filled with outdated furniture and appliances. However, Edmor Estates defies that stereotype. Built in the mid-twentieth century, this West Palm Beach community stands out as a leader in the local real estate market, both in value and desirability. Buyers are willing to invest over $8 million dollars in properties that have been extensively renovated, featuring three to five bedrooms with elegant porcelain and stone flooring, modern stainless steel appliances, and energy-efficient lighting systems. Key characteristics such as large windows, open layouts, inviting walk-out patios, and breathtaking waterfront views add to the appeal of these homes.

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