The epitome of old world charm and elegance, some of Palm Beach Gardens' most expensive real estate is found in this upscale country club community. Dedicated to the ultimate golf experience, Old Palm includes an outstanding country club facilities with spa and all of the amenities expected at a world class facility. Old Palm is the home to golfing great Raymond Floyd and his family. The facility includes a state-of-the-art 33 acre golf practice area with video equipment, practice holes and much more than the standard driving range. Homes in this communities are priced in the upper brackets.
Recent Market Activity -- At the beginning of 2010 there were 34 homes on the market in Old Palm ranging in price from $1 million for a four bedroom, four bath 3901 square foot home to $8,495,000 for a 10,488 square foot, six bedroom, six bath estate home on more than one acre. Old Palm felt the effects of the real estate market downturn in 2007 and 2008 when only one home was reported sold through the local multiple listing service. But in 2009 sales increased to nine homes sold at an average price of $416 per square foot. Old Palm is located just east of the Turnpike on PGA Boulevard and is a fully gated community.
