Though many cities in the world may offer incredible beaches, world-class shopping, fine dining and an excellent quality of life, no city quite compares to Palm Beach, Florida.

“Palm Beach is one of the most incredible places to live on the planet,” says Wally Turner, broker with Sotheby’s International Realty in Palm Beach. “I travel worldwide, and almost no other town has what Palm Beach has to offer.”

Perhaps one of the best things about Palm Beach is the exclusivity of the island. “You see, Palm Beach is a small, exclusive island. It’s not like they’re making any more of it,” Wally says. “The city is a resort for executives, entrepreneurs and numerous Forbes listers, and we’ve always attracted people from around the world. We even have a couple of celebrities on the island.”

Though Palm Beach may seem like it’s only for the rich and famous, there are many local private schools and cultural activities in Palm Beach, making it an ideal place to raise a family.