Just for Comparison

The President of Palm Beach condo

From: Therealdeal.com

Prices drop at President of Palm Beach
The President of Palm Beach condominium has seen prices fall 39.1 percent from a peak in 2007, according to data from CoreLogic. The complex, which is located in the town of Palm Beach, has just one condo out of 94 units in foreclosure, however. The President, which is located at 2505 South Ocean Boulevard, has a 24.5 percent homestead exemption rate, meaning units that are the primary residence of a permanent Florida resident get a tax break. That is below the 40.6 percent rate countywide for all condos. [Palm Beach Post]

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