Olive Leaf Homes for Sale

Olive Leaf Condo is a waterfront community in Delray Beach, Palm Beach County, Florida. Active listings are priced from $215,000 to $235,000. Homes were built starting 1981. Pure Equity lists homes in Olive Leaf 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 Olive Leaf 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 a single listing for Olive Leaf Delray Beach homes for sale as of October 2026. The median asking price is $250,000.

That is 12% below the Delray Beach median of $285,000. On a per-foot basis, homes here ask about $269 per square foot, compared with $237 across Delray Beach. So the median price buys roughly 950 square feet of living area. With so few listings, though, treat these figures as a snapshot rather than a trend.

Listings here have averaged 47 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 Olive Leaf date from 1981, so they are about 45 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.

Condo buyers should also know Florida's 2022 condo safety law. It requires milestone structural inspections for buildings three stories or taller as they age. It also requires a structural integrity reserve study. Before you sign, request both reports and the current reserve balance.

Olive Leaf 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.

Olive Leaf is a condo building. Also request the association budget, recent minutes and any special assessments before you sign.

Rentals in Olive Leaf have a median asking rent of $2,100 per month, across 2 active rental listings. For comparison, the Delray Beach median is $2,650, so rents here run 21% lower.

You can browse current Delray Beach rentals or ask us for a rent estimate on a specific Olive Leaf home.

Here is what the median Olive Leaf price means in Florida closing terms. At $250,000, a 20% down payment comes to about $50,000, leaving a loan near $200,000.

Florida then taxes that loan twice. First, documentary stamp tax on the note runs 35 cents per $100, or about $700. Next, the intangible tax of 0.2% adds about $400. Buyers normally pay both at closing.

On the seller side, Florida deed stamps cost 70 cents per $100 of price. At the Olive Leaf median, that is about $1,750.

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 Olive Leaf 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.