Florida Trends

2023 Edition

TOP 1,000 Florida

Three counties count for 91.5% of TOP 1,000 houses in Florida. These counties are:

  • Palm Beach County 54.6% (54.1% in 2022)
  • Miami-Dade County 21.8% (19.2% in 2022), and
  • Collier County 15.1% (17.6% in 2022)

Palm Beach County increased its share in 2023 with 5 more houses in our TOP 1,000 list compared to 2022. Miami-Dade County gained 26 houses in 2023. Collier County lost 25 houses from our TOP 1,000 list compared to the list from 2022.

TOP 1000 FL

Median Just Value for TOP 1,000 houses in Florida was $29,754,143 in 2023. Since 2014, the Median Just Values for the TOP 1,000 houses have changed as seen in the chart below.

TOP 1000 Median Just Values 2014-2022

Due much in part to Florida's attractive tax climate, which includes no state income tax, a majority of the TOP 1,000 homes are the primary residence for owners, with about 61% being eligible for homestead tax exemptions in 2023. In 2022, homes with homestead exemption counted also for 59%.

TOP 1000 homestead

In 2023, 4777 houses (3140 in 2022) were valued over $10 million in the State of Florida. About 78% of the "8-Figure Club" houses are in three counties:

    • Palm Beach County: 36.6% (39.7% in 2022)
    • Miami-Dade County: 23.5% (22% in 2022), and
    • Collier County: 18.3% (19% in 2022)

    The "8-Figure Club"

8-Figure Club

Since MansionQuest.com started collecting data, the increase in homes valued over $10 million has been 857.31% from 499 in 2013 to 4777 homes in 2023.

8-Figure Club growth