Palm Beach Colony Secs 1 And 2 Homes for Sale

Palm Beach Colony Secs 1 And 2 is a waterfront community in Royal Palm Beach, Palm Beach County, Florida. Active listings are priced from $500,000 to $505,900. Homes were built starting 1960. Pure Equity lists homes in Palm Beach Colony Secs 1 And 2 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 Palm Beach Colony Secs 1 And 2 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 2 Palm Beach Colony Secs 1 And 2 Royal Palm Beach homes for sale as of October 2026. The median asking price is $428,000. Asking prices run from $408,000 to $448,000.

That is 16% below the Royal Palm Beach median of $509,000. On a per-foot basis, homes here ask about $342 per square foot, compared with $255 across Royal Palm Beach. So the median price buys roughly 1,250 square feet of living area. With so few listings, though, treat these figures as a snapshot rather than a trend.

Listings here have averaged 78 days on the market. That tracks the Royal Palm Beach average of 90 days, so pricing and terms follow the wider city market.

Homes listed in Palm Beach Colony Secs 1 And 2 date from 1960, so they are about 66 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.

Palm Beach Colony Secs 1 And 2 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 Palm Beach Colony Secs 1 And 2 have a median asking rent of $4,000 per month, across 1 active rental listing. For comparison, the Royal Palm Beach median is $2,700, so rents here run 48% higher.

You can browse current Royal Palm Beach rentals or ask us for a rent estimate on a specific Palm Beach Colony Secs 1 And 2 home.

Here is what the median Palm Beach Colony Secs 1 And 2 price means in Florida closing terms. At $428,000, a 20% down payment comes to about $86,000, leaving a loan near $342,000.

Florida then taxes that loan twice. First, documentary stamp tax on the note runs 35 cents per $100, or about $1,199. Next, the intangible tax of 0.2% adds about $685. Buyers normally pay both at closing.

On the seller side, Florida deed stamps cost 70 cents per $100 of price. At the Palm Beach Colony Secs 1 And 2 median, that is about $2,996.

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 Palm Beach Colony Secs 1 And 2 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.