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Buyer Brief
Navigating the Luxury Condo Market in Palm Beach
What to look for when purchasing a high-end condominium on the island.
The Palm Beach luxury condo market operates by its own set of rules. Beyond the purchase price, buyers must carefully evaluate building financials, upcoming special assessments, and the specific rules regarding renovations and leasing. Many older, prestigious buildings are undergoing significant concrete restoration and recertification processes, which can impact both the immediate cost and the livability of the unit during construction. It's vital to review board minutes and understand the culture of the building before committing to a purchase.