Villas Of Monterey At Indian Spring Homes for Sale

Villas Of Monterey At Indian Spring 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 $374,900 to $449,500. At least one resident per home must be 55 or older. Pure Equity lists homes in Villas Of Monterey At Indian Spring 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 Villas Of Monterey At Indian Spring 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 2 Villas Of Monterey At Indian Spring Boynton Beach homes for sale as of October 2026. The median asking price is $399,000.

That is 19% above the Boynton Beach median of $335,000. On a per-foot basis, homes here ask about $242 per square foot, roughly in line with the city at $238. So the median price buys roughly 1,650 square feet of living area. With so few listings, though, treat these figures as a snapshot rather than a trend.

Listings here have averaged 32 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 Villas Of Monterey At Indian Spring date from 1979, so they are about 47 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.

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.

Villas Of Monterey At Indian Spring is a gated community. Therefore, expect to register visitors and contractors with the gate before each visit.

Villas Of Monterey At Indian Spring 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 Villas Of Monterey At Indian Spring price means in Florida closing terms. At $399,000, a 20% down payment comes to about $80,000, leaving a loan near $319,000.

Florida then taxes that loan twice. First, documentary stamp tax on the note runs 35 cents per $100, or about $1,117. Next, the intangible tax of 0.2% adds about $638. Buyers normally pay both at closing.

On the seller side, Florida deed stamps cost 70 cents per $100 of price. At the Villas Of Monterey At Indian Spring median, that is about $2,793.

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 Villas Of Monterey At Indian Spring listings show assignments to Hagen Road (elementary), Carver Community (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.