According to The Palm Beach Post, a striking modern estate in West Palm Beach just shattered the city’s single-family home sales record with a jaw-dropping $28.2 million closing. Located at 3030 Washington Road, this architectural gem isn’t just a home—it’s a statement that West Palm Beach has officially entered a new echelon of luxury living.
The newly built waterfront property spans over 10,000 square feet and features seven bedrooms, 10 bathrooms, and indulgent amenities such as a 450-bottle wine cellar, dual summer kitchens, a glass elevator, and a two-story granite fireplace carved from a single slab. It’s the kind of home that blends ultra-modern design with resort-style comfort—and the market has responded accordingly.
Just a mile south of downtown West Palm, this estate is perfectly positioned near the city’s thriving financial and tech corridor, which continues to attract major companies and high-net-worth individuals alike.
The $28.2 million sale broke the previous city record of $21 million and is fueling excitement among buyers and developers who are eyeing West Palm Beach as a luxury destination in its own right. Momentum continues to build in nearby SoSo as well, where a $16.7 million sale recently set a neighborhood record.
This milestone comes on the heels of a global report placing West Palm Beach and Palm Beach among the top four fastest-growing “wealth hubs” worldwide, with the local millionaire population more than doubling over the past decade.
People are moving their companies to West Palm Beach, and they love the lifestyle. They love to cruise down Flagler to their office. Many of my buyers—especially those coming from California—initially consider areas like Jupiter or Wellington, but when they experience the energy and walkability east of Dixie Highway or even Interstate 95, they quickly see the unmatched convenience and charm of West Palm. Buyers love that they can walk to restaurants and enjoy a short drive to Palm Beach.
They don’t have to be on the island. Many times, they don’t want to be on the island.
Is this the year West Palm Beach sees its first $30 million single-family sale? With several properties already priced near that mark and buyer interest heating up, the city is closer than ever. This latest sale proves the appetite for high-end, contemporary waterfront homes is not just real—it’s growing.
If you’re ready to explore the West Palm Beach luxury market or want to position your home for top-dollar success, reach out today. This is a moment you don’t want to miss.
Source: www.palmbeachpost.com
