Grove Isle Homes for Sale

Grove Isle is an age-restricted 55+ community in Boynton Beach, Palm Beach County, Florida, governed under the Housing for Older Persons Act (HOPA). Homes are priced from $415,000 to $425,000. At least one resident per home must be 55 or older. Pure Equity lists homes in Grove Isle 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 Grove Isle and the Boynton Beach 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 a single listing for Grove Isle Boynton Beach homes for sale as of October 2026. The median asking price is $495,000.

That is 46% above the Boynton Beach median of $340,000. On a per-foot basis, homes here ask about $268 per square foot, compared with $238 across Boynton Beach. So the median price buys roughly 1,850 square feet of living area. With so few listings, though, treat these figures as a snapshot rather than a trend.

Listings here have averaged 27 days on the market. That is faster than the Boynton Beach average of 102 days. As a result, buyers here should be ready to write an offer soon after a showing.

Homes listed in Grove Isle date from 1997 to 1998. That puts them between 28 and 29 years old.

All of these homes predate Florida's 2002 statewide building code. So roof age, window protection and the wind mitigation report matter a great deal for insurance.

Grove Isle is a gated community. Therefore, expect to register visitors and contractors with the gate before each visit.

Grove Isle includes waterfront homes. Waterfront lots in South Florida often sit in FEMA special flood hazard areas, where lenders require flood insurance. Before you commit, look up the address on the FEMA Flood Map Service Center and ask the seller for an elevation certificate.

Here is what the median Grove Isle price means in Florida closing terms. At $495,000, a 20% down payment comes to about $99,000, leaving a loan near $396,000.

Florida then taxes that loan twice. First, documentary stamp tax on the note runs 35 cents per $100, or about $1,386. Next, the intangible tax of 0.2% adds about $792. Buyers normally pay both at closing.

On the seller side, Florida deed stamps cost 70 cents per $100 of price. At the Grove Isle median, that is about $3,465.

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 Grove Isle listings show assignments to Hagen Road (elementary), West Boynton (middle) and Boynton Beach (high). However, boundaries can change each year, so confirm the assignment for a specific address with the School District of Palm Beach County.