Palm Beach County, Florida Home Prices Continue to Rise, as Florida, a long a haven for affluent Americans during the winter months, the town of Palm Beach dates back to the early 1880s when it was founded by US industrialist Henry Morrison Flagler. Early inhabitants included Thomas Adams, the inventor of Tutti-Frutti chewing gum.
Palm Beach began attracting high-profile residents in the 1920s and 1930s when the town became the winter retreat for the likes of Joseph Kennedy, father of future US president John F Kennedy. JFK himself wintered in Palm Beach during his presidency when the Kennedy family occupied an 11-bedroom, oceanfront estate that came to be known as the Winter White House. Today golfer Tiger Woods, singer Jimmy Buffett and US presidential hopeful Donald Trump all own property locally.
There has been a sharp rise in the town’s cultural offering over the past two decades. The Raymond F Kravis Center for the Performing Arts, the Norton Museum of Art as well as several venues for the performing arts are recent additions to a town that hosts international film festivals and boat shows which attract hundreds of thousands of visitors a year.