Polo Island Homes for Sale

Polo Island Condo is a luxury gated, waterfront, luxury community in Wellington, Palm Beach County, Florida. Properties are priced from $950,000 to $2,400,000. Pure Equity lists homes in Polo Island 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 Polo Island 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 Polo Island Wellington homes for sale as of October 2026. The median asking price is $1.25M. Asking prices run from $950,000 to $2.4M.

That is 19% above the Wellington median of $1.05M. On a per-foot basis, homes here ask about $694 per square foot, compared with $387 across Wellington. So the median price buys roughly 1,800 square feet of living area.

Listings here have averaged 158 days on the market. That is slower than the Wellington average of 124 days. Because of that, buyers often have more room to negotiate on price, repairs or closing costs.

Homes listed in Polo Island date from 1980 to 1989. That puts them between 37 and 46 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.

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

Polo Island 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.

At a median near $1.25M, Polo Island sits in the luxury tier of Wellington. Jumbo financing and proof of funds usually come up early in these negotiations.

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

For investors, those medians imply a gross yield near 14.2% 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 Polo Island home.

Here is what the median Polo Island price means in Florida closing terms. At $1.25M, a 20% down payment comes to about $250,000, leaving a loan near $1,000,000.

Florida then taxes that loan twice. First, documentary stamp tax on the note runs 35 cents per $100, or about $3,500. Next, the intangible tax of 0.2% adds about $2,000. Buyers normally pay both at closing.

On the seller side, Florida deed stamps cost 70 cents per $100 of price. At the Polo Island median, that is about $8,749.

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 Polo Island 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.