Gramercy Square Homes for Sale

Gramercy Square is a community in Delray Beach, Palm Beach County, Florida. Active listings are priced from $474,000 to $489,000. Homes were built starting 2007. Pure Equity lists homes in Gramercy Square 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 Gramercy Square and the Delray 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 Gramercy Square Delray Beach homes for sale as of October 2026. The median asking price is $464,000. Asking prices run from $457,000 to $470,000.

That is 63% above the Delray Beach median of $285,000. On a per-foot basis, homes here ask about $246 per square foot, roughly in line with the city at $237. So the median price buys roughly 1,900 square feet of living area. With so few listings, though, treat these figures as a snapshot rather than a trend.

Listings here have averaged 12 days on the market. That is faster than the Delray Beach average of 113 days. As a result, buyers here should be ready to write an offer soon after a showing.

Homes listed in Gramercy Square date from 2007, so they are about 19 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.

Here is what the median Gramercy Square price means in Florida closing terms. At $464,000, a 20% down payment comes to about $93,000, leaving a loan near $371,000.

Florida then taxes that loan twice. First, documentary stamp tax on the note runs 35 cents per $100, or about $1,298. Next, the intangible tax of 0.2% adds about $742. Buyers normally pay both at closing.

On the seller side, Florida deed stamps cost 70 cents per $100 of price. At the Gramercy Square median, that is about $3,245.

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 Gramercy Square listings show assignments to Orchard View (elementary), Carver Community (middle) and Spanish River (high). However, boundaries can change each year, so confirm the assignment for a specific address with the School District of Palm Beach County.