Boca Raton in Palm Beach County is experiencing a real estate renaissance, especially among young professionals who are moving to Florida from high-taxed states like California, Connecticut and New York. Boca is a trendy and terrific destination for Generation X and millennials to plant down roots, and Florida is a national leader in wooing the wealthy.
Gen X and millennials are shaping the Boca Raton real estate market. Boca has gotten younger (median age is 48) and bigger with a population approaching 100,000, according to recent reporting by The Palm Beach Post and census records. These cohorts also make up the largest segment of the labor force, as per CNBC.
What contributes to the big boom in Boca for young professionals? A vibrant arts, culture, entertainment, and high-end dining scene make it an attractive home base. Boca's Brightline high-speed train helps business people commute to other South Florida Brightline stations in Miami, Fort Lauderdale and West Palm Beach in under an hour. South Florida has well-ranked public and private schools, including A-rated public schools in Broken Sound.
The Florida real estate market is particularly popular because residents don't have to pay state taxes, which means they get more money in their pockets after investing, a benefit that appeals to their entrepreneurial spirit since it can be used on a down payment. (Young professional buyers tend to prefer open floor plans, clean lines and smart home technology features in their real estate purchases.)
It's a confluence of events that create a unique real estate opportunity for young people in South Florida, and Broken Sound Club in Boca Raton is an exceptional place to call home. Reflecting on the country club's enduring commitment to modern living, top-quality amenities and services and spacious homes to fit a live-work-play lifestyle, Broken Sound offers residents an unparalleled experience. Happy hours and specialty events are extremely well-attended and lots of fun with members making memories to last a lifetime.
At The De Marzo Luxury Group, our vision is to be the most dependable, dedicated, trend-setting and collaborative brokerage team, focused on luxury-level service while maintaining roots within the local community. We create the best real estate experience possible in every engagement, and we would be honored to have the opportunity to work with you.
Contact Anne De Marzo for additional information. View the newest homes for sale in Boca Raton here