Palm Beach, known as “The Island,” is an exclusive barrier island separated from the cities of West Palm Beach and Lake Worth by the Intracoastal Waterway. Palm Beach’s development is credited to Henry Flagler who built luxury resorts, the Hotel Royal Poinciana and The Breakers, and made Palm Beach accessible by the Florida East Coast Railway. Palm Beach became a vacation destination for the wealthy.
Today, Palm Beach is world-renowned for its beauty, quality of life, and small town character. It is home to Captains of Industry and the world famous Worth Avenue. Palm Beach is one of Florida’s wealthiest towns and home to an affluent population. The weather, recreational options, and lifestyle make it a desirable location for luxury waterfront properties. Residents have easy access to the Atlantic Ocean. Buyers seeking luxury waterfront properties in Palm Beach should work with an experienced luxury residential real estate attorney with vast knowledge of the fine points in a real estate transaction.
Whether purchasing an oceanfront mansion or properties along the Intracoastal Waterway, the advice of the South Florida luxury real estate and title attorneys at Schecter Law can be invaluable. A luxury waterfront property purchaser needs to know that their vessel will be able to navigate the waterways. A vessel’s beam, draft, length and height are all important for a boater looking to purchase luxury waterfront properties. Buyers planning on boating from properties must account for special factors.
On the other hand, some buyers of luxury waterfront properties desire the view rather than boating capabilities. An experienced luxury residential real estate attorney provides important information to these clients as well. Anyone buying luxury residential real estate needs to know about the maintenance costs, property insurance payments, or community amenities. The South Florida luxury residential real estate and title attorneys at Schecter Law will help insure that no details are overlooked.