Palm Ridge Estates Homes for Sale

Palm Ridge Estates is a residential community in Lake Clarke Shores, Florida.

Pure Equity Realty covers Palm Ridge Estates and the Lake Clarke Shores 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 Palm Ridge Estates Lake Clarke Shores homes for sale as of October 2026. The median asking price is $700,000.

That sits close to the Lake Clarke Shores median of $675,000. On a per-foot basis, homes here ask about $430 per square foot, compared with $376 across Lake Clarke Shores. So the median price buys roughly 1,650 square feet of living area. With so few listings, though, treat these figures as a snapshot rather than a trend.

Listings here have averaged 20 days on the market. That is faster than the Lake Clarke Shores average of 82 days. As a result, buyers here should be ready to write an offer soon after a showing.

Homes listed in Palm Ridge Estates date from 1963 to 1991. That puts them between 35 and 63 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 Ridge Estates price means in Florida closing terms. At $700,000, a 20% down payment comes to about $140,000, leaving a loan near $560,000.

Florida then taxes that loan twice. First, documentary stamp tax on the note runs 35 cents per $100, or about $1,960. Next, the intangible tax of 0.2% adds about $1,120. Buyers normally pay both at closing.

On the seller side, Florida deed stamps cost 70 cents per $100 of price. At the Palm Ridge Estates median, that is about $4,900.

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 Ridge Estates listings show assignments to North Grade K-8 (elementary), Lake Worth (middle) and Forest Hill (high). However, boundaries can change each year, so confirm the assignment for a specific address with the School District of Palm Beach County.