Mayfair House Homes for Sale

Mayfair House Condo is a waterfront community in South Palm Beach, Palm Beach County, Florida. Active listings are priced from $219,500 to $900,000. Homes were built starting 1974. Pure Equity lists homes in Mayfair House 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 Mayfair House and the South 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 Mayfair House South Palm Beach homes for sale as of October 2026. The median asking price is $599,000. Asking prices run from $285,000 to $1.65M.

That is 21% above the South Palm Beach median of $495,000. On a per-foot basis, homes here ask about $403 per square foot, roughly in line with the city at $396. So the median price buys roughly 1,500 square feet of living area.

Listings here have averaged 78 days on the market. That is faster than the South Palm Beach average of 131 days. As a result, buyers here should be ready to write an offer soon after a showing.

Homes listed in Mayfair House date from 1974, so they are about 52 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.

Mayfair House 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.

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

Rentals in Mayfair House have a median asking rent of $5,450 per month, across 4 active rental listings. For comparison, the South Palm Beach median is $7,000, so rents here run 22% lower.

For investors, those medians imply a gross yield near 10.9% 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 South Palm Beach rentals or ask us for a rent estimate on a specific Mayfair House home.

Here is what the median Mayfair House price means in Florida closing terms. At $599,000, a 20% down payment comes to about $120,000, leaving a loan near $479,000.

Florida then taxes that loan twice. First, documentary stamp tax on the note runs 35 cents per $100, or about $1,677. Next, the intangible tax of 0.2% adds about $958. Buyers normally pay both at closing.

On the seller side, Florida deed stamps cost 70 cents per $100 of price. At the Mayfair House median, that is about $4,193.

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 Mayfair House listings show assignments to Lantana (elementary), Lantana Community (middle) and Lake Worth (high). However, boundaries can change each year, so confirm the assignment for a specific address with the School District of Palm Beach County.