Melrose Park Homes for Sale

Melrose Park is a residential community in Boynton Beach, Florida.

Pure Equity Realty covers Melrose Park 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 4 Melrose Park Boynton Beach homes for sale as of October 2026. The median asking price is $875,000. Asking prices run from $349,000 to $1.5M.

That is 161% above the Boynton Beach median of $335,000. On a per-foot basis, homes here ask about $368 per square foot, compared with $238 across Boynton Beach. So the median price buys roughly 2,400 square feet of living area.

Listings here have averaged 43 days on the market. That is faster than the Boynton Beach average of 109 days. As a result, buyers here should be ready to write an offer soon after a showing.

Homes listed in Melrose Park date from 1995 to 2002. That puts them between 24 and 31 years old.

The range straddles 2002, when Florida adopted its statewide building code. Therefore two similar-looking homes here can carry very different insurance premiums. Ask for the wind mitigation report on any home you consider, since it drives much of that difference.

In addition, most Florida insurers ask for a four-point inspection on homes 30 years or older. It covers the roof, electrical, plumbing and HVAC. Updated systems usually make coverage easier to place.

Rentals in Melrose Park have a median asking rent of $3,100 per month, across 1 active rental listing. For comparison, the Boynton Beach median is $2,755, so rents here run 13% higher.

You can browse current Boynton Beach rentals or ask us for a rent estimate on a specific Melrose Park home.

Here is what the median Melrose Park price means in Florida closing terms. At $875,000, a 20% down payment comes to about $175,000, leaving a loan near $700,000.

Florida then taxes that loan twice. First, documentary stamp tax on the note runs 35 cents per $100, or about $2,449. Next, the intangible tax of 0.2% adds about $1,399. Buyers normally pay both at closing.

On the seller side, Florida deed stamps cost 70 cents per $100 of price. At the Melrose Park median, that is about $6,122.

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 Melrose Park listings show assignments to Sunset Palms (elementary), West Boynton (middle) and Park Vista (high). However, boundaries can change each year, so confirm the assignment for a specific address with the School District of Palm Beach County.