Palmetto Place Homes for Sale

Palmetto Place Condo is a community in Boca Raton, Palm Beach County, Florida. Active listings are priced from $599,000 to $1,300,000. Homes were built starting 2003. Pure Equity lists homes in Palmetto Place and represents buyers. Commission is negotiable, and what we are paid is agreed with you in writing before you commit to anything.

Pure Equity Realty covers Palmetto Place and the Boca Raton area. We list for 1%, which includes photography, MLS syndication, and negotiation support. Buyers pay nothing for representation. For current market data, see Florida Realtors' market statistics.

Our MLS feed shows 6 Palmetto Place Boca Raton homes for sale as of October 2026. The median asking price is $852,000. Asking prices run from $625,000 to $1.3M.

That is 51% above the Boca Raton median of $565,000. On a per-foot basis, homes here ask about $657 per square foot, compared with $354 across Boca Raton. So the median price buys roughly 1,300 square feet of living area.

Listings here have averaged 71 days on the market. That is faster than the Boca Raton average of 111 days. As a result, buyers here should be ready to write an offer soon after a showing.

Homes listed in Palmetto Place date from 2003, so they are about 23 years old.

Every one of these homes went up after Florida adopted its statewide building code in 2002. In practice, that usually means impact-rated openings and stronger roof attachment. A wind mitigation inspection documents those features, and Florida insurers must offer premium discounts for them.

Palmetto Place is a condo building. Also request the association budget, recent minutes and any special assessments before you sign.

Rentals in Palmetto Place have a median asking rent of $6,200 per month, across 5 active rental listings. For comparison, the Boca Raton median is $3,200, so rents here run 94% higher.

For investors, those medians imply a gross yield near 8.7% a year. However, that figure comes before HOA dues, property tax, insurance and vacancy. Also check the association documents first, because many Florida HOAs cap leases or set minimum terms.

You can browse current Boca Raton rentals or ask us for a rent estimate on a specific Palmetto Place home.

Here is what the median Palmetto Place price means in Florida closing terms. At $852,000, a 20% down payment comes to about $170,000, leaving a loan near $682,000.

Florida then taxes that loan twice. First, documentary stamp tax on the note runs 35 cents per $100, or about $2,386. Next, the intangible tax of 0.2% adds about $1,363. Buyers normally pay both at closing.

On the seller side, Florida deed stamps cost 70 cents per $100 of price. At the Palmetto Place median, that is about $5,964.

Finally, owner-occupants should file for the Florida homestead exemption by March 1. It removes up to $50,000 of assessed value. After that, Save Our Homes caps yearly assessment increases at 3% or inflation, whichever is lower. To see what these numbers mean for your budget, get pre-approved before you tour.

Recent Palmetto Place listings show assignments to Boca Raton (elementary), Boca Raton Community (middle) and Boca Raton (high). However, boundaries can change each year, so confirm the assignment for a specific address with the School District of Palm Beach County.