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Palm Beach, sometimes Palm Beach Island to distinguish it from Palm Beach County, was founded by Henry Flagler as a resort city. Flagler was an oil magnate and started the Florida East Coast Railway. This community remains a luxury local, but has become more residential, with notable residents like Donald Trump and the Kennedys. With an average of 234 days of sunshine a year, beautiful sandy beaches, and “A” rated elementary schools, it is easy to see why Robb Report Magazine named Palm Beach as one of “America’s Best Places to Live” in 2003. Palm Beach community is known for its biking trail that follows the shores of the Lake Worth Lagoon. This trail is accessible to bikers, hikers, rollerbladers, and dogwalkers.