Water Glades Homes for Sale

Water Glades is a residential community in Singer Island, Florida.

Pure Equity Realty covers Water Glades and the Singer Island 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 19 Water Glades Singer Island homes for sale as of October 2026. The median asking price is $1.1M. Asking prices run from $649,000 to $1.55M.

That is 33% above the Singer Island median of $825,000. On a per-foot basis, homes here ask about $767 per square foot, compared with $597 across Singer Island. So the median price buys roughly 1,450 square feet of living area.

Listings here have averaged 181 days on the market. That tracks the Singer Island average of 151 days, so pricing and terms follow the wider city market.

Homes listed in Water Glades date from 1975, so they are about 51 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.

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

Rentals in Water Glades have a median asking rent of $7,995 per month, across 15 active rental listings. For comparison, the Singer Island median is $6,500, so rents here run 23% higher.

For investors, those medians imply a gross yield near 8.7% 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 Singer Island rentals or ask us for a rent estimate on a specific Water Glades home.

Here is what the median Water Glades price means in Florida closing terms. At $1.1M, a 20% down payment comes to about $220,000, leaving a loan near $880,000.

Florida then taxes that loan twice. First, documentary stamp tax on the note runs 35 cents per $100, or about $3,080. Next, the intangible tax of 0.2% adds about $1,760. Buyers normally pay both at closing.

On the seller side, Florida deed stamps cost 70 cents per $100 of price. At the Water Glades median, that is about $7,700.

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 Water Glades listings show assignments to Lincoln (elementary), John F. Kennedy (Palm Beach) (middle) and William T. Dwyer (high). However, boundaries can change each year, so confirm the assignment for a specific address with the School District of Palm Beach County.