SOUTH FLORIDA NEWS - Palm Beach County

The Best Palm Beach County Gated Communities for Living in Luxury

Palm Beach County, Florida, is synonymous with luxury, privacy, and a lifestyle that blends sophistication with resort-style living. From waterfront estates to championship golf courses, the county’s gated communities offer unparalleled amenities and exclusivity. Looking for a home that offers security, comfort, and elite features? You’re not alone. Many homebuyers in South Florida are asking: What are the best luxury Palm Beach County gated communities?

With rising demand for privacy, convenience, and premium lifestyles, these communities are more popular than ever. Whether you're relocating, retiring, or investing, this expert guide breaks down the top options, actionable tips, and insider insights to help you find the perfect fit in 2025.

Why…

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South Florida Leads the Nation in All-Cash Home Sales in 2024

South Florida remains one of the most competitive real estate markets in the country, attracting a high number of cash buyers. A new study by real estate brokerage firm Redfin reveals that the metropolitan areas of West Palm Beach, Fort Lauderdale, and Miami rank among the top U.S. cities for all-cash home purchases in 2024.

Why Is South Florida a Magnet for Cash Buyers?

The trend of cash sales in South Florida is fueled by several key factors:

• Strong Investor Presence – Investors continue to purchase homes for rental income and long-term appreciation.

• International Buyers – Many overseas investors view South Florida as a stable place to park their money, particularly from Latin America and Canada.

• Relocation from…

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Top Things to Do in Boca Raton: A Guide for Visitors & Locals

The gorgeous community of Boca Raton lies nearly 50 miles to the north of Miami in the Palm Beaches. This place was originally formed in the early 20th century as a primary resort in South Florida. Boca Raton has subsequently grown into a desired destination of beautiful beaches, parks, cultural attractions, and an exciting dining scene. Architect Addison Mizner was a central figure in giving Boca its character especially with the designing of the city's hallmark town hall, Mizner Park, and the grand Mediterranean-styled pink "castle," the Boca Raton Resort & Club, which stands tall today as a landmark.

Boca Raton, or "Boca," as the locals fondly call it, is the second-largest city in Palm Beach County. It is celebrated for its wildlife conservation…

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Billionaire William Lauder Secures Buyer for Record-Breaking Palm Beach Lots

A major real estate deal is under way in Palm Beach County, with a buyer lined up for billionaire William Lauder's 2.3-acre oceanfront estate, listed at $177.8 million. If it closes for that price, the sale would break the record for one of the costliest residential transactions in Florida.

Potential Record Setting Sale in Palm Beach

According to The Real Deal, billionaire William Lauder has found a buyer for his oceanfront property, which could set a new Florida residential record. The sale of Lauder's oceanfront land would eclipse the $173 million that billionaire Larry Ellison paid for a 16-acre estate in Manalapan in 2022. The sale would also top the $170 million that Michael Cantanucci paid for a mansion in Palm Beach in 2023, currently the…

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Why South Florida's Foreclosure Rate is Among the Highest in the U.S.

Current Foreclosure Rates & Trends

A new analysis from ATTOM, the nation's leading real estate data analytics firm, shows that South Florida still struggles to address one of the highest rates in the nation regarding foreclosures. In August 2024, one out of every 2,429 housing units in South Florida saw a foreclosure filing, putting it 12th among the key metropolitan statistical areas in the United States. Over 1,000 homes throughout Miami-Dade, Broward, and Palm Beach started some form of the foreclosure process.

In August, 422 homes in Miami-Dade County were listed as being in the foreclosure process. This represents one out of every 2,604 units in the county, an increase of 23.28% from July and 8.4% year-over-year.

In total, 312 of 2,270…

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Understanding the Impact of November Sales on the Palm Beach Real Estate Market

The Palm Beach County condo market experienced a notable slowdown in November, with sales volumes and the total dollar amount taking a dip compared to October. If you’re considering buying or selling condos in the area, this detailed breakdown of recent trends offers valuable insights.

Decline in Sales and Volume

The condo sales market in Palm Beach County saw a reduction in total volume, dropping to $177 million in November from $239 million in October. This decrease also coincided with a reduction in the number of transactions, with 371 closings compared to October’s 495 and September’s 445.

For buyers and sellers working with a Boca Raton Realtor, this shift indicates a potentially more competitive market with reduced inventory and…

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Strategic Rezoning of Casino could be Key for Revitalizing West Palm Beach Real Estate

If approved, the planned relocation of the casino at the Palm Beach Kennel Club could set the stage for one of the most significant redevelopment projects in West Palm Beach. With 42.1 acres of prime land slated for transformation, this move is not just about realigning operations but also unlocking vast potential for economic growth and community enhancement.

The History Behind the Property

Situated at 1111 N. Congress Ave., the Palm Beach Kennel Club has a history dating back to 1932. Initially established as a greyhound racetrack, the property has evolved over the decades, with its casino operations continuing even after the state banned greyhound racing in 2020. While the casino has remained active under a pari-mutuel license, much of…

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Chilly Alert: Palm Beach County Braces for Cold Snap and Possible Iguana Showers

As Palm Beach County residents enjoy the usual sunny Florida weather, a surprising twist is on the horizon. A significant cold front is expected to sweep through the area, bringing uncharacteristically low temperatures into the 40s and 50s. This drastic temperature drop is not just a matter for thicker jackets and extra blankets; it comes with an unusual warning: watch out for falling iguanas!

Meteorologists are focusing on the strong winds accompanying this cold front, which are set to intensify the chill. Sunday morning is anticipated to feel particularly brisk, with "feels like" temperatures potentially dipping into the upper 40s in areas from Jupiter to Boca Raton. For those residing deeper inland, don't be surprised if the thermometer reads in the…

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Miami-Dade Leads South Florida in Home Value Increases Despite Rising Interest Rates

Despite the dampening effect of higher interest rates, home values in South Florida have continued to climb, with Miami-Dade County leading the surge. Recent statistics from Florida Realtors indicate a 10% year-over-year increase in median prices for both houses and condos in the tri-county area. However, a deeper dive into the data from Zillow Inc., as reported by the Business Journal, reveals an intriguing trend in ZIP codes across Miami-Dade County.

In Miami-Dade, the top five ZIP codes, all with median home values below $500,000, experienced value increases ranging from 10 to 11%. This contrasts with Broward County’s top ZIP codes, which saw near 8% increases, and Palm Beach County’s, where the rise hovered around 5% to 6%. Boca Raton’s ZIP code…

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Palm Beach County Launches $3 Million Initiative to Aid First-Time Homebuyers

Palm Beach County is taking a significant step to support aspiring homeowners by allocating approximately $3 million to assist first-time homebuyers. This initiative is a boon for local families looking to navigate the challenging real estate market.

The Palm Beach County Department of Housing and Economic Development is conducting the final orientation meeting for families interested in applying for the program, which offers up to $100,000 in home purchasing assistance. The response has been overwhelming, with about 1,000 local families already expressing interest.

In a county where the average home price hovers around $474,000, the financial challenges for first-time buyers are considerable. Typically, a first-time homebuyer might need to put down about…

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