South Palm Beach is a town located in Palm Beach County, Florida, United States. The town is situated on a barrier island between the Atlantic Ocean and the Intracoastal Waterway. The entire town is approximately 5/8th of a mile (1 km) long along South Ocean Boulevard (Florida State Road A1A), its only street, and is bounded by the Town of Palm Beach to the north, and the Town of Lantana public beach to the south. As of 2004, the population recorded by the U.S. Census Bureau was 1,536.
Geography
South Palm Beach is located at 26°35?30?N 80°2?15?W (26.591746, -80.037525).
South Palm Beach is bordered to the north by the Town of Palm Beach; to the east by the Atlantic Ocean; to the west by the Intracoastal waterway (known locally as the Lake Worth Lagoon); and on the south by the town of Manalapan. According to the United States Census Bureau, the town has a total area of 0.9 square kilometers (0.35 sq mi). Of which about 0.3 km2 (0.12 sq mi) of it is land and 0.5 km2 (0.19 sq mi) (60.61%) is water.
Demographics
As of the census of 2000, there were 1,536 full-time residents in 453 households and 196 families residing in the town. The population density was 5,204.3 inhabitants per square mile (2,076.0/km²). The seasonal (part-time) estimate for the town is 3,000 or more residents in the winter months. There were 872 housing units at an average density of 6,492.3 per square mile (2,589.9/km²). The racial makeup of the town was 99.28% White (97% were Non-Hispanic White,) 0.14% Native American and 0.57% Asian. Hispanic or Latino of any race were 2.29% of the population.
There were 453 households out of which 2.2% had children under the age of 18 living with them, 38.6% were married couples living together, 3.5% had a female householder with no husband present, and 56.7% were non-families. 52.1% of all households were made up of individuals and 28.5% had someone living alone who was 65 years of age or older. The average household size was 1.54 and the average family size was 2.14.
In the town the population was spread out with 2.6% under the age of 18, 1.4% from 18 to 24, 11.3% from 25 to 44, 30.5% from 45 to 64, and 54.2% who were 65 years of age or older. The median age was 67 years. For every 100 females there were 75.2 males. For every 100 females age 18 and over, there were 76.0 males.
The median income for a household in the town was US$39,375, and the median income for a family was $47,250. Males had a median income of $41,591 versus $30,536 for females. The per capita income for the town was $38,456. About 15.3% of families and 15.7% of the population were below the poverty line, including none of those under age 18 and 15.9% of those age 65 or over.
As of 2000, English was the first language spoken by 92.96% of residents, Finnish by 3.90%, and French as a mother tongue made up 3.12% of the population.
Economy
Business
Originally built around 1964, the two-story 58-room "Palm Beach Oceanfront Inn" and its ocean-front restaurant "Tides Bar and Grille", located at 3550 South Ocean Boulevard, make up the only commercial business establishment within the town of South Palm Beach. A controversial proposal by the Paloka family owned-and-operated Kosova Realty Corporation to replace the inn with a luxury resort-style 12-story condominium-hotel built over two stories of parking was unanimously rejected by the Town Council on October 30, 2007. The established comprehensive plan limits new buildings to six-stories over one-level of parking.
On September 18, 2009, the Treasure Coast Regional Planning Council meeting expressed concerns about the redevelopment and recommended that the Town of Palm Beach should respond to negative opinions by its citizens prior to adoption of the amendments, as well as ensure that development approval conditions address problems with the use, height limits, and negative impacts on the beaches.
The property has been in foreclosure since February 2011, and its owners in Chapter 11 bankruptcy since March 2011. In November 2012, the struggling operation was purchased by Paragon Acquisition Group of Boca Raton, a distressed property development company, with plans to improve and revive the underutilized facility, as well as "possibility of a development project in the future." The purchase price for the 1.1-acre (0.4 ha) site was $8.25 million and although the property has received minor renovations and is being managed as a hotel and restaurant, the long-term prospects for it are for condominiums according to the CEO of Paragon. The current zoning for oceanfront property in the town allows 33 units per acre, while a more dense project would require a referendum.
References
External links
- Town of South Palm Beach Florida Portal style website, Government, Business, Library, Recreation and more
- City-Data.com Comprehensive Statistical Data and more about South Palm Beach
Interesting Informations
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