Old Port Cove Condo Five Homes for Sale

Old Port Cove Condo Five is a gated, waterfront community in North Palm Beach, Palm Beach County, Florida. Active listings are priced from $625,000 to $1,200,000. Homes were built starting 1975. Pure Equity lists homes in Old Port Cove Condo Five 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 Old Port Cove Condo Five and the North Palm 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 2 Old Port Cove Condo Five North Palm Beach homes for sale as of October 2026. The median asking price is $739,000. Asking prices run from $599,000 to $878,000.

That is 32% above the North Palm Beach median of $559,000. On a per-foot basis, homes here ask about $391 per square foot, roughly in line with the city at $387. So the median price buys roughly 1,900 square feet of living area. With so few listings, though, treat these figures as a snapshot rather than a trend.

Listings here have averaged 291 days on the market. That is slower than the North Palm Beach average of 134 days. Because of that, buyers often have more room to negotiate on price, repairs or closing costs.

Homes listed in Old Port Cove Condo Five date from 1975, so they are about 51 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.

Old Port Cove Condo Five is a gated community. Therefore, expect to register visitors and contractors with the gate before each visit.

Old Port Cove Condo Five 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.

Old Port Cove Condo Five is a condo building. Also request the association budget, recent minutes and any special assessments before you sign.

Rentals in Old Port Cove Condo Five have a median asking rent of $2,950 per month, across 3 active rental listings. For comparison, the North Palm Beach median is $2,800, so rents here run 5% higher.

You can browse current North Palm Beach rentals or ask us for a rent estimate on a specific Old Port Cove Condo Five home.

Here is what the median Old Port Cove Condo Five price means in Florida closing terms. At $739,000, a 20% down payment comes to about $148,000, leaving a loan near $591,000.

Florida then taxes that loan twice. First, documentary stamp tax on the note runs 35 cents per $100, or about $2,068. Next, the intangible tax of 0.2% adds about $1,182. Buyers normally pay both at closing.

On the seller side, Florida deed stamps cost 70 cents per $100 of price. At the Old Port Cove Condo Five median, that is about $5,170.

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 Old Port Cove Condo Five listings show assignments to The Conservatory School at North Palm Beach (elementary), Howell L. Watkins (middle) and Palm Beach Gardens (high). However, boundaries can change each year, so confirm the assignment for a specific address with the School District of Palm Beach County.