Lakewood Homes for Sale

Lakewood is a residential community in Palm Springs, Florida.

Pure Equity Realty covers Lakewood and the Palm Springs 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 6 Lakewood Palm Springs homes for sale as of October 2026. The median asking price is $317,000. Asking prices run from $285,000 to $339,000.

That is 103% above the Palm Springs median of $156,000. On a per-foot basis, homes here ask about $258 per square foot, compared with $187 across Palm Springs. So the median price buys roughly 1,250 square feet of living area.

Listings here have averaged 52 days on the market. That is faster than the Palm Springs average of 119 days. As a result, buyers here should be ready to write an offer soon after a showing.

Homes listed in Lakewood date from 1978, so they are about 48 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.

Rentals in Lakewood have a median asking rent of $2,350 per month, across 6 active rental listings. For comparison, the Palm Springs median is $2,100, so rents here run 12% higher.

For investors, those medians imply a gross yield near 8.9% 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 Springs rentals or ask us for a rent estimate on a specific Lakewood home.

Here is what the median Lakewood price means in Florida closing terms. At $317,000, a 20% down payment comes to about $63,000, leaving a loan near $254,000.

Florida then taxes that loan twice. First, documentary stamp tax on the note runs 35 cents per $100, or about $889. Next, the intangible tax of 0.2% adds about $508. Buyers normally pay both at closing.

On the seller side, Florida deed stamps cost 70 cents per $100 of price. At the Lakewood median, that is about $2,222.

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 Lakewood listings show assignments to Meadow Park (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.