Palm Beach still has 100 available rentals

There are nearly 100 properties still available for seasonal rental in Palm Beach, with more celebrities and politicians riding out the temperatures up north, according to a report from Condo Vultures. Landlords are seeking anywhere from $800 per month to $85,000 for the season for a five-bedroom home on Island Drive. The median price is $5,000 per month. “This is the do-or-die period for landlords right now who rely on premiums in the busy winter tourism season to over their annual carrying costs,” said Condo Vultures founder Peter Zalewski. TRD

Sign Up for the undefined Newsletter