Jacqueline and Adam Zimmerman, Palm Beach residents and luxury real estate advisors since 2006, have witnessed firsthand how national trends influence the ultra-prime Palm Beach market. Recently, political developments in New York have accelerated the migration of high-net-worth individuals to Florida, creating unprecedented demand for the Island’s most desirable residences.
Take, for example, the recent sale at 167 Everglades, a beautifully renovated home that sold for $21 million – $500,000 above asking – in less than two months. Such transactions are not anomalies; they reflect a market where scarcity and exclusivity drive competition among discerning buyers.
Palm Beach Island is unlike any other. With approximately 2,500 homes and strict building limitations, new construction is exceptionally limited. Average turnover is 5 to 7 years, meaning exceptional homes rarely come to market. The result? A competitive landscape where choice properties are acquired quickly and often above asking price.
For those considering a move, now is the opportune moment to secure a Palm Beach residence before the seasonal influx. The combination of limited inventory, meticulously maintained properties, and a lifestyle unrivaled anywhere in the world creates a rare window for acquisition.
Explore the current selection of Palm Beach homes and discover the residence that complements your lifestyle:
https://distinctivepalmbeachproperties.com
For access to both on-market and exclusive off-market opportunities, call Jacqueline and Adam Zimmerman at (561) 906-7152 — your trusted advisors for Palm Beach’s most exceptional properties.
