Prospect Gardens Homes for Sale

Prospect Gardens is a community in Oakland Park, Broward County, Florida. Active listings are priced from $499,000 to $650,000. Homes were built between 1950 and 2026. Pure Equity lists homes in Prospect Gardens 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 Prospect Gardens and the Oakland Park 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 5 Prospect Gardens Oakland Park homes for sale as of October 2026. The median asking price is $689,000. Asking prices run from $529,000 to $750,000.

That is 72% above the Oakland Park median of $400,000. On a per-foot basis, homes here ask about $307 per square foot, roughly in line with the city at $310. So the median price buys roughly 2,250 square feet of living area.

Listings here have averaged 54 days on the market. That is faster than the Oakland Park average of 123 days. As a result, buyers here should be ready to write an offer soon after a showing.

Homes listed in Prospect Gardens date from 1950 to 2026. That puts them between 0 and 76 years old.

The range straddles 2002, when Florida adopted its statewide building code. Therefore two similar-looking homes here can carry very different insurance premiums. Ask for the wind mitigation report on any home you consider, since it drives much of that difference.

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.

Rentals in Prospect Gardens have a median asking rent of $1,750 per month, across 15 active rental listings. For comparison, the Oakland Park median is $2,000, so rents here run 13% lower.

For investors, those medians imply a gross yield near 3.0% 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 Oakland Park rentals or ask us for a rent estimate on a specific Prospect Gardens home.

Here is what the median Prospect Gardens price means in Florida closing terms. At $689,000, a 20% down payment comes to about $138,000, leaving a loan near $551,000.

Florida then taxes that loan twice. First, documentary stamp tax on the note runs 35 cents per $100, or about $1,929. Next, the intangible tax of 0.2% adds about $1,102. Buyers normally pay both at closing.

On the seller side, Florida deed stamps cost 70 cents per $100 of price. At the Prospect Gardens median, that is about $4,823.

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 Prospect Gardens listings show assignments to Lloyd Estates (elementary), James S. Rickards (middle) and Northeast (high). However, boundaries can change each year, so confirm the assignment for a specific address with Broward County Public Schools.