Q: Describe life in Palm Beach.
A: Palm Beach has always been a desirable destination. Everything is convenient; you never have to leave the island. I tell my clients that when you come to Palm Beach you can be as active as you want or you can be totally anonymous. The town is pristine and possesses all of the modern amenities that anyone could ask for: world-class shopping, award-winning dining, top-notch cultural events, amazing golf and tennis, beaches, and boating options. Our brand new Palm Beach Recreation Center just opened. The “Rec” will house programing, a fitness center, and an indoor basketball court, in addition to its state-of-the-art tennis facilities.
Q: What’s ahead for the Palm Beach market in 2020?
A: I am optimistic that this will be an active, successful season. Right now we have the wind at our backs in Palm Beach with the advantageous tax situation and our quality of life. Palm Beach has always been a great place to land bank your money. I strongly believe that there is no better way to diversify your portfolio than Palm Beach real estate.
Q: What kind of real estate is selling, and where?
A: All over the island, properties that are priced correctly are selling. We know the old adage “location, location, location,” and now it’s closely followed by “price, price, price.” The days of aspirational pricing are over. Lately, the high end of the market has helped buoy the rest of the Palm Beach market. Currently, there are some prized properties and value opportunities available.
Q: Tell us about some of the “event musts” this season.
A: The Perfect Pink Party on January 11th at The Breakers benefiting the Promise Fund will be a fabulous event.
Q: What’s new?
A: Restaurants La Goulue and Almond will open soon. For retail therapy, shop at the new Oscar de la Renta, Kiton, Zimmerman, LoveShackFancy, or Goop at The Royal.