Royal Park Homes for Sale

Royal Park is a luxury community in Palm Beach, Palm Beach County, Florida. Properties are priced from $10,800,000 to $28,500,000. Pure Equity lists homes in Royal 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 Royal 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 7 Royal Park Palm Beach homes for sale as of October 2026. The median asking price is $14.8M. Asking prices run from $12.5M to $28.4M.

That is 451% above the Palm Beach median of $2.69M. On a per-foot basis, homes here ask about $4,189 per square foot, compared with $1,471 across Palm Beach. So the median price buys roughly 3,550 square feet of living area.

Listings here have averaged 126 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 Royal Park date from 1924 to 2020. That puts them between 6 and 102 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.

At a median near $14.8M, Royal Park sits in the luxury tier of Palm Beach. Jumbo financing and proof of funds usually come up early in these negotiations.

Rentals in Royal Park have a median asking rent of $28,500 per month, across 10 active rental listings. For comparison, the Palm Beach median is $9,500, so rents here run 200% higher.

For investors, those medians imply a gross yield near 2.3% 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 Palm Beach rentals or ask us for a rent estimate on a specific Royal Park home.

Here is what the median Royal Park price means in Florida closing terms. At $14.8M, a 20% down payment comes to about $2.97M, leaving a loan near $11.9M.

Florida then taxes that loan twice. First, documentary stamp tax on the note runs 35 cents per $100, or about $41,580. Next, the intangible tax of 0.2% adds about $23,760. Buyers normally pay both at closing.

On the seller side, Florida deed stamps cost 70 cents per $100 of price. At the Royal Park median, that is about $103,950.

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 Royal Park listings show assignments to Palm Beach Public (elementary), Conniston Community (middle) 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.