Florida’s Palm Beaches is rapidly growing in popularity, and it’s no secret as to why. Between its ideal coastal location, glamorous lifestyle, and never-ending events, the area has truly become a world-class destination. Discover why so many savvy homebuyers are relocating to this unique city.
1. Booming Economy
As one of the only states to see true economic progress throughout 2021, many companies are relocating their headquarters to the Palm Beaches, including hedge fund, Elliot Management, and mortgage company, New Day USA. With the influx of highly educated professionals moving to the area, Palm Beach County has started to emerge as a prominent biotech center and business hub, earning the nickname of “Wall Street South”. According to a 2021 Uncast Study, Palm Beach County was ranked #1 in Florida for both population and income growth, welcoming approximately 11,000 people in 2020 with a net income gain of $3.4 billion. Thanks to Florida’s no income tax and absence of a wealth tax, many people are choosing Palm Beach for their secondary residence.
2. Playground for the World’s Elite
Life is never boring in Palm Beach Gardens, as there is always something interesting and exciting to do. As the “Golf Capital of the World,” avid golfers enjoy a plethora of golf courses designed by the world’s best architects. The area is also home to some of the most prestigious country clubs in the world. For fashionistas, there are many options for those seeking designer boutiques including Palm Beaches’ famed Worth Avenue and the Gardens Mall. World-class dining at waterfront restaurants including Guanabanas and the River House offers seafood delights with spectacular views.
For the outdoors enthusiast, spend the day on Palm Beach’s renowned pristine beaches, cruise the coastline or head offshore for the best sport fishing or diving in the country. Many nature lovers find themselves enjoying John MacArthur Beach State Park, an oceanfront protected park featuring miles of untouched shoreline and nature trails. Additionally, South Florida is a hub for many professional sports teams, including the Florida Panthers (NHL), Miami Marlins (MLB), the Miami Dolphins (NFL), and the Miami Heat (NBA). No matter what captures one’s interests, there is always something to discover in Palm Beach Gardens.
3. Unique History
Teeming with years of rich history, Palm Beach Gardens is truly like no other. Since the late 1800s, the Palm Beaches’ tropical paradise has drawn interest from entrepreneurs and elite travelers. The area is known for several establishments that have made a mark on history, including The Breakers, The Henry Morrison Flagler Museum, President John F. Kennedy’s bunker on Peanut Island, and the “Southern White House” Mar-A-Lago Club. Celebrating over a hundred years of vibrant history and culture, the Palm Beaches are filled with iconic cultural attractions.
4. Connected Community
Not only is Palm Beach Gardens a destination unto itself, but the area’s prime location puts the city near other world-class destinations. The Palm Beaches serve as a yachting gateway to the Bahamas, just 55 nautical miles away. On land, venture out and explore all the surrounding areas have to offer. Just 35 miles south, the city of Boca Raton is filled with cultural entertainment venues, including Mizner Park, the Boca Raton Museum of Art, and the cherished Riverside Theatre. Travel a little further south for even more entertainment venues within Fort Lauderdale and Miami, including the acclaimed South Beach, Las Olas Boulevard, and the Broward Center for the Performing Arts. For air travel, the Palm Beach International Airport and the private jet center at North County Airport are just minutes away.
5. Peace of Mind
Palm Beach Gardens takes pride in being a friendly community, creating a tranquil sanctuary for residents to enjoy. Named #1 on the Chamber of Commerce’s list of Best Cities to Live in Florida, this area enjoys one of the highest qualities of living in the state. The gated neighborhoods and overall cleanliness of the community not only provide a luxurious lifestyle, but also give residents peace of mind while living in this resort reminiscent city.
Discover The Ritz-Carlton Residences, Palm Beach Gardens
Centrally located in Palm Beach Gardens, future residents of The Ritz-Carlton Residences, Palm Beach Gardens, the area’s newest and most anticipated address, will enjoy everything the area has to offer. Located on PGA Boulevard along the Intracoastal Waterway, this boutique, gated community is set to provide 106 spacious marina-front residences ranging approximately from 3,100 to over 5,000 sf. Seven residential levels will rise above two floors of parking, providing elevated views of the Intracoastal Waterway.
An extraordinary, multi-level clubhouse will include a resident club room, state-of-the-art fitness center, expansive pool deck with cabanas, outdoor gathering places, and a myriad of resident services, provided by the on-site staff. The on-site private park situated right on the Intracoastal Waterway will offer pavilions and barbecue stations where residents can watch the boats go by. The marina-front residences feature a limited number of boat slips for lease, accommodating vessels up to 75 ft. in length.
The Ritz-Carlton Residences, Palm Beach Gardens start at $4M with pre-sales to commence June 1st. The project is slated to break ground in the third quarter of 2022. Join the VIP list to stay updated and be included as information is released. To join the VIP list, visit TheResidencesPalmBeachGardens.com or call (561) 879-8789 to learn more.
