Bungalow Park Homes for Sale

Bungalow Park Add is a luxury community in Palm Beach, Palm Beach County, Florida. Properties are priced from $5,000,000 to $6,300,000. Pure Equity lists homes in Bungalow Park 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 Bungalow Park 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 a single listing for Bungalow Park Palm Beach homes for sale as of October 2026. The median asking price is $5.95M.

That is 109% above the Palm Beach median of $2.85M. On a per-foot basis, homes here ask about $2,543 per square foot, compared with $1,642 across Palm Beach. So the median price buys roughly 2,350 square feet of living area. With so few listings, though, treat these figures as a snapshot rather than a trend.

Listings here have averaged 17 days on the market. That is faster than the Palm Beach average of 171 days. As a result, buyers here should be ready to write an offer soon after a showing.

Homes listed in Bungalow Park date from 1987, so they are about 39 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.

At a median near $5.95M, Bungalow Park sits in the luxury tier of Palm Beach. Jumbo financing and proof of funds usually come up early in these negotiations.

Rentals in Bungalow Park have a median asking rent of $4,950 per month, across 3 active rental listings. For comparison, the Palm Beach median is $11,000, so rents here run 55% lower.

You can browse current Palm Beach rentals or ask us for a rent estimate on a specific Bungalow Park home.

Here is what the median Bungalow Park price means in Florida closing terms. At $5.95M, a 20% down payment comes to about $1.19M, leaving a loan near $4.76M.

Florida then taxes that loan twice. First, documentary stamp tax on the note runs 35 cents per $100, or about $16,660. Next, the intangible tax of 0.2% adds about $9,520. Buyers normally pay both at closing.

On the seller side, Florida deed stamps cost 70 cents per $100 of price. At the Bungalow Park median, that is about $41,650.

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.