Grove Estates Homes for Sale

Grove Estates is a luxury gated, luxury community in Delray Beach, Palm Beach County, Florida. Properties are priced from $4,600,000 to $5,000,000. Pure Equity lists homes in Grove Estates 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 Estates 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 Grove Estates Delray Beach homes for sale as of October 2026. The median asking price is $4.8M. Asking prices run from $4.7M to $4.9M.

That is 1615% above the Delray Beach median of $280,000. On a per-foot basis, homes here ask about $993 per square foot, compared with $237 across Delray Beach. So the median price buys roughly 4,850 square feet of living area. With so few listings, though, treat these figures as a snapshot rather than a trend.

Listings here have averaged 95 days on the market. That tracks the Delray Beach average of 115 days, so pricing and terms follow the wider city market.

Homes listed in Grove Estates date from 2026 to 2027. That puts them between 0 and 0 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.

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

Grove Estates 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 $4.8M, Grove Estates sits in the luxury tier of Delray Beach. Jumbo financing and proof of funds usually come up early in these negotiations.

Here is what the median Grove Estates price means in Florida closing terms. At $4.8M, a 20% down payment comes to about $960,000, leaving a loan near $3.84M.

Florida then taxes that loan twice. First, documentary stamp tax on the note runs 35 cents per $100, or about $13,440. Next, the intangible tax of 0.2% adds about $7,680. Buyers normally pay both at closing.

On the seller side, Florida deed stamps cost 70 cents per $100 of price. At the Grove Estates median, that is about $33,600.

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.