Palm Grove Acres Homes for Sale

Palm Grove Acres is a residential community in Fort Lauderdale, Florida.

Pure Equity Realty covers Palm Grove Acres and the Fort Lauderdale 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 Palm Grove Acres Fort Lauderdale homes for sale as of October 2026. The median asking price is $2.2M.

That is 217% above the Fort Lauderdale median of $695,000. On a per-foot basis, homes here ask about $820 per square foot, compared with $467 across Fort Lauderdale. So the median price buys roughly 2,700 square feet of living area. With so few listings, though, treat these figures as a snapshot rather than a trend.

Listings here have averaged 171 days on the market. That tracks the Fort Lauderdale average of 144 days, so pricing and terms follow the wider city market.

Homes listed in Palm Grove Acres date from 1959, so they are about 67 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.

Here is what the median Palm Grove Acres price means in Florida closing terms. At $2.2M, a 20% down payment comes to about $440,000, leaving a loan near $1.76M.

Florida then taxes that loan twice. First, documentary stamp tax on the note runs 35 cents per $100, or about $6,160. Next, the intangible tax of 0.2% adds about $3,520. Buyers normally pay both at closing.

On the seller side, Florida deed stamps cost 70 cents per $100 of price. At the Palm Grove Acres median, that is about $15,400.

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 Grove Acres listings show assignments to Stephen Foster (elementary), New River (middle) and Stranahan (high). However, boundaries can change each year, so confirm the assignment for a specific address with Broward County Public Schools.