Found 5 blog entries tagged as Palm Beach Real Estate.

Palm Beach Tops the List of Richest Suburbs in Florida

Think Miami is the wealth capital of Florida? According to new rankings, it’s Palm Beach that takes the crown. With an average household income of $356,467 and homes routinely selling for yacht-level prices, this coastal town now tops the list of the richest suburbs in Florida.

Florida's Wealthiest Suburb Just Made National Headlines

A recent report from GOBankingRates ranked Palm Beach as the richest suburb in Florida and 13th wealthiest in the entire United States. Other high-ranking Florida suburbs included Pinecrest near Miami and Lake Butler outside Orlando. But none came close to Palm Beach’s income levels or real estate values.

  • Average household income: $356,467

  • Typical home value: $10.21 million

  • Population: Around…

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Trump Jr. and Frisbie Group Fuel Palm Beach Real Estate Push

A major investment is heading for Palm Beach real estate, and it’s being powered by a billion-dollar fund involving Donald Trump Jr. and high-profile local developers. 1789 Capital, a firm with political and Wall Street ties, is actively working to raise a $1 billion real estate fund focused on South Florida, especially the elite markets of Palm Beach and Boca Raton, according to a Bloomberg article.

$1 Billion Targeted for Palm Beach Real Estate Development

1789 Capital, The firm led by former Bank of America executive Omeed Malik, is tapping into increased investor interest in alternative assets. The firm recently raised a $1.3 billion inaugural fund and is now setting its sights on Palm Beach real estate. The new fund aims to accelerate…

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Palm Beach Oceanfront Mansion Sells for $73 Million in Off-Market Deal


A Palm Beach oceanfront estate near Mar-a-Lago has changed hands in a private sale for $73 million—nearly doubling its 2020 purchase price.

High-Profile Sellers and a Lucrative Return

Brenda and Ric Elias, who bought the property five years ago for $37.25 million, were on the selling side of the transaction. Ric Elias, a billionaire entrepreneur, is the co-founder and CEO of Red Ventures, a digital media powerhouse based near Charlotte, North Carolina.

While the original sale wasn’t recorded with a deed at the Palm Beach County Courthouse due to its structuring, property records confirm the Eliases' acquisition.

Inside the Estate: Luxury and Architectural Excellence

The 14,908-square-foot estate, completed in 2018, features eight…

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Tommy Hilfiger Reduces Price on Palm Beach Lakefront Property to $35.9 Million

Fashion designer Tommy Hilfiger, alongside his wife Dee Ocleppo Hilfiger, also a fashion designer, have relisted one of their two Palm Beach houses, this time at a more tempting price of $35.9 million. This new listing price is a notable $2 million reduction from its previous asking price last season.



The lakefront property, located at 313 Dunbar Road, is a stunning example of Mediterranean-style architecture. It initially hit the market in September 2022 with a price tag of $39.7 million. After some time, the price was reduced by $1.8 million, bringing it to $37.9 million before the property took a break from the market in early June.



The Hilfigers purchased this luxurious residence for a recorded $21 million in May 2021 through their ownership…

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Bob Vila's Latest Masterpiece: Inside the $12.5 Million Historic Palm Beach Home Purchase

Television personality Bob Vila, known for his work on "This Old House," and his wife Diana Barrett have recently purchased a historic home in Palm Beach for $12.5 million from renowned interior designer Leta Austin Foster and her husband Ridgely. The property, located at 345 Pendleton Lane in the heart of Midtown, was a part of the Foster family for nearly half a century.


The Fosters, who acquired the 1940s house for $180,000 in 1975, sold it through trusts in their names, as indicated by courthouse records. The house, a Georgian Revival-style residence, features five bedrooms and encompasses 5,340 square feet of both indoor and outdoor living space. Designed by the late John L. Volk, a prominent Palm Beach architect, the house is one of the original…

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