Arissa Place Homes for Sale

Arissa Place Condo is a gated, waterfront community in Wellington, Palm Beach County, Florida. Active listings are priced from $299,000 to $355,000. Homes were built starting 1999. Pure Equity lists homes in Arissa Place 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 Arissa Place and the Wellington 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 5 Arissa Place Wellington homes for sale as of October 2026. The median asking price is $299,000. Asking prices run from $290,000 to $355,000.

That is 72% below the Wellington median of $1.05M. On a per-foot basis, homes here ask about $305 per square foot, compared with $387 across Wellington. So the median price buys roughly 1,000 square feet of living area.

Listings here have averaged 108 days on the market. That tracks the Wellington average of 124 days, so pricing and terms follow the wider city market.

Homes listed in Arissa Place date from 1999, so they are about 27 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.

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.

Arissa Place is a gated community. Therefore, expect to register visitors and contractors with the gate before each visit.

Arissa Place 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.

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

Rentals in Arissa Place have a median asking rent of $2,500 per month, across 9 active rental listings. For comparison, the Wellington median is $6,000, so rents here run 58% lower.

For investors, those medians imply a gross yield near 10.0% 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 Wellington rentals or ask us for a rent estimate on a specific Arissa Place home.

Here is what the median Arissa Place price means in Florida closing terms. At $299,000, a 20% down payment comes to about $60,000, leaving a loan near $239,000.

Florida then taxes that loan twice. First, documentary stamp tax on the note runs 35 cents per $100, or about $837. Next, the intangible tax of 0.2% adds about $478. Buyers normally pay both at closing.

On the seller side, Florida deed stamps cost 70 cents per $100 of price. At the Arissa Place median, that is about $2,093.

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 Arissa Place listings show assignments to New Horizons (elementary), Polo Park (middle) and Wellington (high). However, boundaries can change each year, so confirm the assignment for a specific address with the School District of Palm Beach County.