First Fairway Homes for Sale

First Fairway Condo is a luxury gated, waterfront, luxury community in Wellington, Palm Beach County, Florida. Properties are priced from $1,500,000 to $2,000,000. Pure Equity lists homes in First Fairway 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 First Fairway 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 3 First Fairway Wellington homes for sale as of October 2026. The median asking price is $1.85M. Asking prices run from $1.5M to $2.6M.

That is 76% above the Wellington median of $1.05M. On a per-foot basis, homes here ask about $771 per square foot, compared with $387 across Wellington. So the median price buys roughly 2,400 square feet of living area.

Listings here have averaged 114 days on the market. That tracks the Wellington average of 124 days, so pricing and terms follow the wider city market.

Homes listed in First Fairway date from 1987, so they are about 39 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.

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

First Fairway 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.

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

At a median near $1.85M, First Fairway sits in the luxury tier of Wellington. Jumbo financing and proof of funds usually come up early in these negotiations.

Rentals in First Fairway have a median asking rent of $14,750 per month, across 2 active rental listings. For comparison, the Wellington median is $6,000, so rents here run 146% higher.

You can browse current Wellington rentals or ask us for a rent estimate on a specific First Fairway home.

Here is what the median First Fairway price means in Florida closing terms. At $1.85M, a 20% down payment comes to about $370,000, leaving a loan near $1.48M.

Florida then taxes that loan twice. First, documentary stamp tax on the note runs 35 cents per $100, or about $5,180. Next, the intangible tax of 0.2% adds about $2,960. Buyers normally pay both at closing.

On the seller side, Florida deed stamps cost 70 cents per $100 of price. At the First Fairway median, that is about $12,950.

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 First Fairway listings show assignments to Elbridge Gale (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.