Ambassador South Dev Corp Homes for Sale

Ambassador South Dev Corp is a large-lot community in Palm Beach, Palm Beach County, Florida. Parcels and homes are priced from $369,000 to $995,000. Properties feature oversized lots with room for pools and outbuildings. Our agents specialize in acreage transactions throughout Palm Beach County.

Pure Equity Realty covers Ambassador South Dev Corp and the 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 Ambassador South Dev Corp Palm Beach homes for sale as of October 2026. The median asking price is $763,000. Asking prices run from $600,000 to $925,000.

That is 72% below the Palm Beach median of $2.69M. On a per-foot basis, homes here ask about $714 per square foot, compared with $1,471 across Palm Beach. So the median price buys roughly 1,050 square feet of living area. With so few listings, though, treat these figures as a snapshot rather than a trend.

Listings here have averaged 42 days on the market. That is faster than the Palm Beach average of 177 days. As a result, buyers here should be ready to write an offer soon after a showing.

Homes listed in Ambassador South Dev Corp date from 1968, so they are about 58 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.

Ambassador South Dev Corp 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.

Ambassador South Dev Corp is a condo building. Also request the association budget, recent minutes and any special assessments before you sign.

Rentals in Ambassador South Dev Corp have a median asking rent of $6,500 per month, across 1 active rental listing. For comparison, the Palm Beach median is $9,500, so rents here run 32% lower.

You can browse current Palm Beach rentals or ask us for a rent estimate on a specific Ambassador South Dev Corp home.

Here is what the median Ambassador South Dev Corp price means in Florida closing terms. At $763,000, a 20% down payment comes to about $153,000, leaving a loan near $610,000.

Florida then taxes that loan twice. First, documentary stamp tax on the note runs 35 cents per $100, or about $2,135. Next, the intangible tax of 0.2% adds about $1,220. Buyers normally pay both at closing.

On the seller side, Florida deed stamps cost 70 cents per $100 of price. At the Ambassador South Dev Corp median, that is about $5,338.

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 Ambassador South Dev Corp listings show assignments to Palm Beach Public (elementary) 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.