Palm Greens At Villa Del Ray Homes for Sale

Palm Greens At Villa Del Ray Condo is an age-restricted 55+ community in Delray Beach, Palm Beach County, Florida, governed under the Housing for Older Persons Act (HOPA). Homes are priced from $159,000 to $219,000. At least one resident per home must be 55 or older. Pure Equity lists homes in Palm Greens At Villa Del Ray 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 Palm Greens At Villa Del Ray 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 29 Palm Greens At Villa Del Ray Delray Beach homes for sale as of October 2026. The median asking price is $225,000. Asking prices run from $120,000 to $335,000.

That is 21% below the Delray Beach median of $285,000. On a per-foot basis, homes here ask about $185 per square foot, compared with $237 across Delray Beach. So the median price buys roughly 1,200 square feet of living area.

Listings here have averaged 78 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 Palm Greens At Villa Del Ray date from 1980, so they are about 46 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.

Palm Greens At Villa Del Ray 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.

Palm Greens At Villa Del Ray is a condo building. Also request the association budget, recent minutes and any special assessments before you sign.

Rentals in Palm Greens At Villa Del Ray have a median asking rent of $2,050 per month, across 6 active rental listings. For comparison, the Delray Beach median is $2,650, so rents here run 23% lower.

For investors, those medians imply a gross yield near 10.9% a year. However, that figure comes before HOA dues, property tax, insurance and vacancy. Also check the association documents first, because many Florida HOAs cap leases or set minimum terms.

You can browse current Delray Beach rentals or ask us for a rent estimate on a specific Palm Greens At Villa Del Ray home.

Here is what the median Palm Greens At Villa Del Ray price means in Florida closing terms. At $225,000, a 20% down payment comes to about $45,000, leaving a loan near $180,000.

Florida then taxes that loan twice. First, documentary stamp tax on the note runs 35 cents per $100, or about $630. Next, the intangible tax of 0.2% adds about $360. Buyers normally pay both at closing.

On the seller side, Florida deed stamps cost 70 cents per $100 of price. At the Palm Greens At Villa Del Ray median, that is about $1,575.

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 Palm Greens At Villa Del Ray listings show assignments to Banyan Creek (Palm Beach) (elementary), Carver Community (middle) and Atlantic (high). However, boundaries can change each year, so confirm the assignment for a specific address with the School District of Palm Beach County.