Greenway Village South Homes for Sale

Greenway Village South is an age-restricted 55+ community in Royal Palm Beach, Palm Beach County, Florida, governed under the Housing for Older Persons Act (HOPA). Homes are priced from $117,000 to $150,000. At least one resident per home must be 55 or older. Pure Equity lists homes in Greenway Village South 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 Greenway Village South and the Royal 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 10 Greenway Village South Royal Palm Beach homes for sale as of October 2026. The median asking price is $117,000. Asking prices run from $85,000 to $145,000.

That is 77% below the Royal Palm Beach median of $509,000. On a per-foot basis, homes here ask about $129 per square foot, compared with $255 across Royal Palm Beach. So the median price buys roughly 900 square feet of living area.

Listings here have averaged 130 days on the market. That is slower than the Royal Palm Beach average of 90 days. Because of that, buyers often have more room to negotiate on price, repairs or closing costs.

Homes listed in Greenway Village South date from 1972, so they are about 54 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.

Greenway Village South 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.

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

Rentals in Greenway Village South have a median asking rent of $1,750 per month, across 3 active rental listings. For comparison, the Royal Palm Beach median is $2,700, so rents here run 35% lower.

You can browse current Royal Palm Beach rentals or ask us for a rent estimate on a specific Greenway Village South home.

Here is what the median Greenway Village South price means in Florida closing terms. At $117,000, a 20% down payment comes to about $23,000, leaving a loan near $94,000.

Florida then taxes that loan twice. First, documentary stamp tax on the note runs 35 cents per $100, or about $329. Next, the intangible tax of 0.2% adds about $188. Buyers normally pay both at closing.

On the seller side, Florida deed stamps cost 70 cents per $100 of price. At the Greenway Village South median, that is about $822.

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 Greenway Village South listings show assignments to Cypress Trails (elementary), Crestwood (middle) and Royal Palm Beach (high). However, boundaries can change each year, so confirm the assignment for a specific address with the School District of Palm Beach County.