The plane, a 22-year-old twin-engine Learjet 60, crashed after taking off from Austin, Texas, and was headed to North Eleuthera in the Bahamas, according to the FAA.
Photos and videos online showed a jet hitting the ground nose-first and bursting into a fireball. The impact of the crash left a crater near a shopping center.
The jet crashed near Military Trail, between Cresthaven Boulevard and 10th Avenue, in the Greenacres community of Palm Beach County, authorities said.
There was no immediate word from authorities on deaths and injuries.
The plane went from 35,250 feet to 8,750 feet in a little over a minute, or roughly 350 feet per second, before it slammed into the ground, according to the FAA.
According to records, the plane belongs to a private company and has been used as a rental in the past.
Mail Online Palm Beach crash story.