Waterway Club Homes for Sale

Waterway Club is a waterfront community in Lantana, Palm Beach County, Florida. Active listings are priced from $175,000 to $299,000. Homes were built starting 1973. Pure Equity lists homes in Waterway Club 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 Waterway Club and the Lantana 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 Waterway Club Lantana homes for sale as of October 2026. The median asking price is $178,000. Asking prices run from $170,000 to $186,000.

That is 51% below the Lantana median of $360,000. On a per-foot basis, homes here ask about $190 per square foot, compared with $336 across Lantana. 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 104 days on the market. That tracks the Lantana average of 114 days, so pricing and terms follow the wider city market.

Homes listed in Waterway Club date from 1973, so they are about 53 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.

Waterway Club 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.

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

Rentals in Waterway Club have a median asking rent of $2,075 per month, across 2 active rental listings. For comparison, the Lantana median is $2,450, so rents here run 15% lower.

You can browse current Lantana rentals or ask us for a rent estimate on a specific Waterway Club home.

Here is what the median Waterway Club price means in Florida closing terms. At $178,000, a 20% down payment comes to about $36,000, leaving a loan near $142,000.

Florida then taxes that loan twice. First, documentary stamp tax on the note runs 35 cents per $100, or about $498. Next, the intangible tax of 0.2% adds about $285. Buyers normally pay both at closing.

On the seller side, Florida deed stamps cost 70 cents per $100 of price. At the Waterway Club median, that is about $1,246.

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 Waterway Club listings show assignments to Lantana (elementary), Lantana Community (middle) and Lake Worth (high). However, boundaries can change each year, so confirm the assignment for a specific address with the School District of Palm Beach County.