November 17, 2023

From Mansions to Marinas: Palm Beach's Real Estate Is Red Hot!

Palm Beach, renowned as one of South Florida's most exclusive and sought-after communities, is home to some of the most sizzling real estate in the country. While the glamorous mansions and chic condos have always been the talk of the Town, there is a new trend emerging – our Marina! In this coastal paradise, experiencing a slice of waterfront heaven is no longer limited to luxurious properties on land. You can secure your very own short-term or annual slip, and be at the center of it all at our Town of Palm Beach Marina. 

Serving as the island's only superyacht facility, our world-class Marina perfectly embodies these coveted and iconic real estate offerings. Is it the thriving market, prime location, renovated infrastructure, rich history, or access to the renowned Palm Beach lifestyle that makes our slips so desirable? The answer is simple: it's all of the above!

Flourishing Market: 
Despite record-high mortgage prices and interest rates worldwide, the superyacht market and Palm Beach real estate are thriving.  During the fourth quarter of 2022, Palm Beach experienced a substantial surge in the average real estate sales price, rising by 25% to nearly $13 million. This remarkable increase can be partly attributed to an influx of individuals relocating to and vacationing in Palm Beach, resulting in a growing demand for suitable docking facilities for their yachts. Our 84 berths have seen a significant uptick in interest, with an increasing number of individuals seeking a place to moor their vessels. 

Captivating Waterfront Location: 
The Town of Palm Beach Marina takes paradisiac views to a whole new level. Conveniently located minutes away from the Intracoastal Waterway and the Atlantic Ocean, the Marina serves as an ideal destination for boaters seeking a tropical escape and easy accessibility. From your berth, embark on breathtaking voyages to nearby islands, including the Bahamas. 

Superyacht Ready with Upgrades and Services: 
Following a remarkable $40 million transformation, our Marina can accommodate vessels up to 295 feet in length and provides state-of-the-art amenities, including concrete floating docks, high-speed WiFi, expanded shore power, and upgraded security. Slip holders can expect an unparalleled boating experience, complete with personalized white-glove attention, specialized cart and porter services, and much more.

Access to Palm Beach's Lifestyle:
Our Town of Palm Beach Marina goes beyond being a docking destination. It's a gateway to the upscale and sophisticated lifestyle that Palm Beach is known for. Slip holders gain exclusive access to the island's pristine beaches, rich cultural history, fashionable shopping districts, and exquisite culinary delights. In addition, patrons get access to complimentary recreational facilities, such as the recently renovated Mandel Recreation Center, the oceanfront Par 3 golf course, and 13 top-tier tennis courts, further enhancing the experience.

Timeless Elegance: 
The Town of Palm Beach Marina embodies understated sophistication, reflecting the architectural heritage of the Town with its homage to renowned architect Addison Mizner. Every detail, from stucco walls to resplendent red-tiled roofs, has been meticulously crafted to perfection, adorned with intricate embellishments like arches, balconies, and ornate ironwork. The Marina is not just elegant; it is the epitome of luxury and nautical adventure.

Check out some of the Town of Palm Beach Marina’s press coverage of this story in the news: 

Boat International: “A Race For Space” 

NY Post: “Florida’s Marina Mania”

Palm Beach Post: “Dock Space Is At A Premium”

The Town of Palm Beach Marina offers a truly elevated boating experience that perfectly complements Palm Beach's world-renowned real estate market. Situated in one of the most exclusive destinations for homebuyers and visitors alike, the Marina has become synonymous with luxury living, with superyacht slips becoming prime real estate hotspots. For slip reservations, or more information, visit TownofPalmBeachMarina.com.

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