Palm Beach Gardens
Homes for Sale

On a $5 million homesteaded property, expect an annual tax bill of $85,000–$95,000 depending on the specific taxing district and any community CDD overlay. The effective rate for non-homesteaded properties in Palm Beach County runs approximately 1.8–2.0% of assessed value. Homesteaded properties benefit from a $50,000 exemption and the Save Our Homes cap, which limits annual assessed value increases to the lower of 3% or CPI. Buyers porting homestead from another Florida property may see a lower figure through portability.

Florida has no state income tax and no state estate tax (federal estate tax still applies). For buyers relocating from New York, New Jersey, Connecticut, or Illinois, the combined savings on income and property taxes can be substantial; on a $5M+ purchase, the absence of state income tax often dwarfs the property tax bill. The Palm Beach County Property Appraiser (pbcpao.gov) publishes detailed millage rates and offers a homestead exemption application at pbcpao.gov/homestead-exemption.htm.

Most Palm Beach Gardens neighborhoods are 10–15 minutes from the Atlantic coast. PGA Boulevard connects directly to Juno Beach, and Indiantown Road connects to Jupiter Beach. Singer Island’s public beaches are accessible via Blue Heron Boulevard in roughly 20 minutes. Unlike many South Florida beach areas, the coastline north of West Palm Beach is comparatively uncrowded and largely residential.

Downtown West Palm Beach is about 20 minutes south via I-95 or the Florida Turnpike. Palm Beach International Airport (PBI) is approximately 25 minutes. For buyers who want daily beach access with a direct oceanfront address, Juno Beach and Jupiter offer beachside options; Palm Beach Gardens is best suited for buyers whose primary lifestyle centers on golf, schools, and suburban convenience with the coast as a short drive rather than a front door.

At the luxury level, new construction in Palm Beach Gardens means custom builds on remaining lots in Old Palm and Frenchman’s Reserve, trading at $4M+ depending on lot premium and specifications. Old Palm occasionally has spec homes from builders who acquired lots; Frenchman’s Reserve has a handful of buildable sites remaining. In Mirasol, new inventory is limited to teardown-and-rebuild scenarios on older lots. Our new construction page tracks current inventory across Palm Beach County.

Custom build timelines run 18–24 months from design to completion, longer for estate-scale projects above 6,000 SF. Buyers should weigh the timeline and construction risk against available resale inventory, which often offers immediate occupancy. The broader market has some production-builder activity (Alton, PGA National infill), but at the $2M+ tier, custom and semi-custom are the primary paths to a new home in Palm Beach Gardens.

PGA National Resort is a 2,340-acre community anchored by five championship golf courses, including The Champion course that hosts the PGA Tour’s Cognizant Classic each February. The resort was home to the PGA of America’s headquarters until the organization relocated to Frisco, Texas in 2022. While most of PGA National’s housing stock is below the luxury threshold, estate homes on the golf course trade up to $5M, and the broader community’s brand recognition supports buyer awareness of the surrounding luxury market.

The Cognizant Classic generates national media exposure that benefits every golf community in Palm Beach Gardens. Buyers researching PGA National frequently discover Mirasol, BallenIsles, and Frenchman’s Reserve in the process. For luxury buyers who want a resort-style golf lifestyle without a private club commitment, PGA National’s top-tier product (estate homes, daily-fee championship golf, spa, dining) is an option; for those who want private club exclusivity, Old Palm, Old Marsh, and the upper tiers of Mirasol are the alternatives. The golf communities page compares each.

In the communities where luxury buyers concentrate, HOA fees run $800–$2,000/month before club dues. Mirasol single-family homes: $800–$1,800/month. BallenIsles: $700–$1,500/month. Frenchman’s Reserve: $600–$1,200/month. Old Palm and Old Marsh HOA fees are lower on a per-unit basis (fewer than 90 and ~140 homes respectively), but mandatory equity club dues bring the total carrying cost higher. All figures are approximate, subject to change; verify directly with each community’s association or membership office.

The critical distinction is mandatory vs. optional membership. Old Palm and Old Marsh require equity membership for every homeowner: golf dues, dining minimums, and capital assessments are part of the cost of ownership. BallenIsles and Mirasol offer tiered membership options, so buyers can choose golf, sports, or social levels. On a $5M home, total monthly carrying cost (HOA + CDD + club dues + property tax) can run $12,000–$18,000; at $3M, $8,000–$12,000. This is the number to model before making an offer.

The $2M+ segment in Palm Beach Gardens has seen the sharpest appreciation since 2020, per BeachesMLS closed transaction data. Limited inventory in Old Palm and Old Marsh has pushed prices well above pre-pandemic levels, with the $3M+ tier experiencing the steepest gains driven by in-migration demand and single-digit annual listing counts. The overall market has appreciated approximately 35% (median from roughly $480K to $650K), but that headline figure understates the movement at the top, where scarcity has been more acute.

The pace has cooled from the 2021–2022 surge, and higher mortgage rates have slowed turnover in the broader market, but cash-heavy luxury buyers are less rate-sensitive and absorption in the $2M+ segment remains tight. Old Palm, Old Marsh, and the upper tier of Mirasol have consistently seen shorter days on market than the broader market for well-priced inventory. For context across the county, our properties overview and neighborhood hub track pricing in every major market.