Most Expensive Zip Codes: 33480, Estate of the Day

For the next couple of weeks we will be checking out some homes in the most expensive zip codes in the United States, up today, 33480. This zip code is is in the exclusive town of Palm Beach in South Florida and has a median price of $2,910,000 with an appreciation rate of 426% since 1990.
Palm Beach has been a place for the wealthy to wait out the winter since Henry Flagler, a founder of Standard Oil, made the Atlantic coast barrier island accessible through his Florida East Coast Railway. The town was incorporated in 1911 and way by then home to many beautiful mansions. Over the years the building has continued and Palm Beach is one of the most affluent areas in the U.S. and is host to a variety of luxury events. Over the past couple of years there have been many homes in the $30-$40 million range in Palm Beach and since 2005 Donald Trump has been trying to sell a home in the area for the astronomical price of $125 million.
Today's home is nowhere near that expensive but it is still a display of Palm Beach wealth. The home is located on directly on the Atlantic and has a fantastic beachside pool and cabana. There are five bedrooms total and the scale of the home, include what looks to be a large marble art gallery, all continue the legend that is Palm Beach. This home is listed at $25.75 million.














Reader Comments (Page 1 of 1)
Aqualung Mar 28th 2008 3:28PM
In today's WSJ (3/28/08) it reports that Donald Trump has dropped his asking price from $125m to $100m and switched realtors. Now I can go take a look :-)
KF Mar 29th 2008 2:56AM
I thought "Wow, what a spectacularly ugly bathroom" and then I saw the painting perched near the tub. Is that actually the laughably bad Singing Butler?! I almost didn't need to go any further. I will admit the shot of the waves lapping the sand at the base of the steps is pretty darn romantic, but otherwise, this estate will not play a role in my fantasy life.
Henry Mar 29th 2008 10:09AM
Wet sand beaches are nice for keeping out the riff raff but not very nice for anything else. Why two dining tables? Terrible bathroom.
Christopher Mar 29th 2008 11:04AM
This house actually has a lot of potential. The right decorator could do wonders with the house. You guys shouldn't be so whiny.
justpicky Mar 29th 2008 8:17PM
I didn't like this house ..........yuck.........
GlobalA Apr 1st 2008 1:17PM
anyone with $125mio...or $100mio....knows NOT to buy a house from Trump.
daydreamer Apr 4th 2008 8:00PM
That's not two dinning table you knuckle head...it's a conversational area for multiple groups. However, I don't like the wide open spaces indoor... want open space go outdoors!