T M Rickards Sub Homes for Sale

T M Rickards Sub is a luxury community in Boca Raton, Palm Beach County, Florida. Properties are priced from $4,800,000 to $5,600,000. Pure Equity lists homes in T M Rickards Sub 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 T M Rickards Sub 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 2 T M Rickards Sub Boca Raton homes for sale as of September 2026. The median asking price is $5.17M. Asking prices run from $4.8M to $5.55M.

That is 824% above the Boca Raton median of $560,000. On a per-foot basis, homes here ask about $1,255 per square foot, compared with $354 across Boca Raton. So the median price buys roughly 4,100 square feet of living area. With so few listings, though, treat these figures as a snapshot rather than a trend.

Listings here have averaged 251 days on the market. That is slower than the Boca Raton average of 111 days. Because of that, buyers often have more room to negotiate on price, repairs or closing costs.

Homes listed in T M Rickards Sub date from 2025, so they are about 1 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.

T M Rickards Sub has new construction. Builders usually require your agent to register you on the first visit, so bring your agent or call us before you walk in.

At a median near $5.17M, T M Rickards Sub sits in the luxury tier of Boca Raton. Jumbo financing and proof of funds usually come up early in these negotiations.

Here is what the median T M Rickards Sub price means in Florida closing terms. At $5.17M, a 20% down payment comes to about $1.03M, leaving a loan near $4.14M.

Florida then taxes that loan twice. First, documentary stamp tax on the note runs 35 cents per $100, or about $14,489. Next, the intangible tax of 0.2% adds about $8,279. Buyers normally pay both at closing.

On the seller side, Florida deed stamps cost 70 cents per $100 of price. At the T M Rickards Sub median, that is about $36,222.

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 T M Rickards Sub 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.