Parkland Terraces Homes for Sale

Parkland Terraces is an age-restricted 55+ community in Parkland, Broward County, Florida, governed under the Housing for Older Persons Act (HOPA). Homes are priced from $539,900 to $550,000. At least one resident per home must be 55 or older. Pure Equity lists homes in Parkland Terraces 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 Parkland Terraces and the Parkland 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 Parkland Terraces Parkland homes for sale as of October 2026. The median asking price is $545,000. Asking prices run from $540,000 to $550,000.

That is 56% below the Parkland median of $1.23M. On a per-foot basis, homes here ask about $289 per square foot, compared with $400 across Parkland. So the median price buys roughly 1,900 square feet of living area. With so few listings, though, treat these figures as a snapshot rather than a trend.

Listings here have averaged 76 days on the market. That tracks the Parkland average of 79 days, so pricing and terms follow the wider city market.

Homes listed in Parkland Terraces date from 1995 to 1997. That puts them between 29 and 31 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.

Parkland Terraces 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.

Rentals in Parkland Terraces have a median asking rent of $3,700 per month, across 1 active rental listing. For comparison, the Parkland median is $7,000, so rents here run 47% lower.

You can browse current Parkland rentals or ask us for a rent estimate on a specific Parkland Terraces home.

Here is what the median Parkland Terraces price means in Florida closing terms. At $545,000, a 20% down payment comes to about $109,000, leaving a loan near $436,000.

Florida then taxes that loan twice. First, documentary stamp tax on the note runs 35 cents per $100, or about $1,526. Next, the intangible tax of 0.2% adds about $872. Buyers normally pay both at closing.

On the seller side, Florida deed stamps cost 70 cents per $100 of price. At the Parkland Terraces median, that is about $3,815.

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 Parkland Terraces listings show assignments to Riverglades (elementary), Westglades (middle) and Marjory Stoneman Douglas (high). However, boundaries can change each year, so confirm the assignment for a specific address with Broward County Public Schools.