Colony Point Homes for Sale

Colony Point 4 Condo is an age-restricted 55+ community in Pembroke Pines, Broward County, Florida, governed under the Housing for Older Persons Act (HOPA). Homes are priced from $223,000 to $245,000. At least one resident per home must be 55 or older. Pure Equity lists homes in Colony Point 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 Colony Point and the Pembroke Pines 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 22 Colony Point Pembroke Pines homes for sale as of October 2026. The median asking price is $142,000. Asking prices run from $111,000 to $236,000.

That is 48% below the Pembroke Pines median of $275,000. On a per-foot basis, homes here ask about $156 per square foot, compared with $250 across Pembroke Pines. So the median price buys roughly 900 square feet of living area.

Listings here have averaged 106 days on the market. That tracks the Pembroke Pines average of 124 days, so pricing and terms follow the wider city market.

Homes listed in Colony Point date from 1979 to 1980. That puts them between 46 and 47 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.

Colony Point 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.

Colony Point is a condo building. Also request the association budget, recent minutes and any special assessments before you sign.

Here is what the median Colony Point price means in Florida closing terms. At $142,000, a 20% down payment comes to about $28,000, leaving a loan near $114,000.

Florida then taxes that loan twice. First, documentary stamp tax on the note runs 35 cents per $100, or about $398. Next, the intangible tax of 0.2% adds about $227. Buyers normally pay both at closing.

On the seller side, Florida deed stamps cost 70 cents per $100 of price. At the Colony Point median, that is about $994.

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 Colony Point listings show assignments to Pembroke Lakes (elementary), Walter C. Young (middle) and Charles W. Flanagan (high). However, boundaries can change each year, so confirm the assignment for a specific address with Broward County Public Schools.