The city of West Palm Beach has been redeveloped throughout the years to add more interest in small business and so much more. The area has a great deal of historic neighborhoods, communities and so much more. The area has received a good deal of commercial and residential real estate development in recent months. Many of the areas have undergone great upgrades including major investments to the downtown area, adding entertainment, shopping, and even the “Trump Plaza”. The area continues to develop options for entrepreneurs to explore. Office space in the area is priced way below historical lows and is offered at rates comparable to other major cities in the country. A survey of West Palm Beach commercial property vacancies yielded results starting at around $400 a month for small offices, and 1,000 square foot options at around $1 - $2 a square foot. The city has a great deal of options to explore for small and medium size business to grow in the area. In the state of Florida we also service Miami, Tampa Bay, Orlando, and Jacksonville.
Most people who are in need of renting an office space or West Palm Beach commercial property don't understand the process - buying or leasing properties. We provide a Free way to simplify the process and in turn find the perfect office to rent. We work for the renter and not the landlord, but we also have over 1500 listings in the USA alone. Most of us are familiar with using a real estate agent when we buy, sell, or lease a home. We can also help you decide "how much office space is needed per employee"? The city of West Palm Beach Florida is often referred to as West Palm and is quite large. It is one of the larger areas in the state of Florida and center for tourism, industry, and so much more. The estimated population of the city center is around 134,795 residents and a greater metropolitan area of around 5.4 million residents. It is the northern most county in the South Florida region.
The city of West Palm Beach has a great and diverse economy. The city features all major industries, alongside a strong tourism boom for spring break and summer months. Much like other parts in the state of Florida, the area receives millions of visitors. Much like other major cities, the area has seen some harder times in terms of jobless rates. As the national economic picture fluctuated during the downturn in the economy in 2009, the area has not been immune to the hardships faced by other parts of the nation. It’s interesting to note despite the wealth of vocations in the area, the unemployment rate of West Palm Beach has been around 10% in recent months. The rate will most certainly improve in the coming months, as the national economic picture seems to be looking better by each passing month. Only time will tell whether or not the area will in fact bounce back from the lowered economy.
The city has a climate classified as Tropical monsoon climate and temperatures average well above 64 degrees. The summer months offer high humidity and high temperatures upwards to 90 degrees. During the summer the area gets a high rate of breezes and thunderstorms, as well as tropical storms. The overall climate is warm, with humidity often, and no major extreme weather like snowfall or extreme dry heat. The average precipitation in the area is 63 inches annually and is called the fourth wettest city in the nation.
The real estate market has fluctuated greatly in the area, and it has not been completely immune to large-scale foreclosures and rising vacancy rates. The median home price of West Palm Beach is $177728 and looks to have an average growth rate for upwards of 2 – 5 years. These are some of the local areas that are in West Palm: Atlantis, Belle Glade, Boca Raton, Boynton Beach, Delray, Greenacres, Gulf Stream, Haverhill, Juno, Jupiter, Lantana, Manalapan, east and west, Riviera, Singer Island, Wellington. The mayor of the city of West Palm Beach is Lois Frankel. She has been a major component of the political scene in the area. Since taking office, she has worked towards lowering crime, raising community standards, and building a stable economic forecast for the area.