Southgate Homes for Sale

Southgate Condo is a waterfront community in South Palm Beach, Palm Beach County, Florida. Active listings are priced from $299,000 to $595,000. Homes were built starting 1974. Pure Equity lists homes in Southgate 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 Southgate 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 4 Southgate South Palm Beach homes for sale as of October 2026. The median asking price is $372,000. Asking prices run from $215,000 to $695,000.

That is 25% below the South Palm Beach median of $495,000. On a per-foot basis, homes here ask about $332 per square foot, compared with $396 across South Palm Beach. So the median price buys roughly 1,100 square feet of living area.

Listings here have averaged 123 days on the market. That tracks the South Palm Beach average of 131 days, so pricing and terms follow the wider city market.

Homes listed in Southgate 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.

Southgate 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.

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

Rentals in Southgate have a median asking rent of $3,550 per month, across 2 active rental listings. For comparison, the South Palm Beach median is $7,000, so rents here run 49% lower.

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

Here is what the median Southgate price means in Florida closing terms. At $372,000, a 20% down payment comes to about $74,000, leaving a loan near $298,000.

Florida then taxes that loan twice. First, documentary stamp tax on the note runs 35 cents per $100, or about $1,042. Next, the intangible tax of 0.2% adds about $595. Buyers normally pay both at closing.

On the seller side, Florida deed stamps cost 70 cents per $100 of price. At the Southgate median, that is about $2,604.

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 Southgate 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.