Park Place Townhomes Homes for Sale

Park Place Townhomes is a community in West Palm Beach, Palm Beach County, Florida. Active listings are priced from $156,500 to $240,000. Homes were built between 1980 and 1990. Pure Equity lists homes in Park Place Townhomes 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 Park Place Townhomes and the West 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 Park Place Townhomes West Palm Beach homes for sale as of October 2026. The median asking price is $235,000. Asking prices run from $225,000 to $240,000.

That is 26% below the West Palm Beach median of $315,000. On a per-foot basis, homes here ask about $224 per square foot, compared with $245 across West Palm Beach. So the median price buys roughly 1,050 square feet of living area.

Listings here have averaged 54 days on the market. That is faster than the West Palm Beach average of 118 days. As a result, buyers here should be ready to write an offer soon after a showing.

Homes listed in Park Place Townhomes date from 1980 to 1990. That puts them between 36 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.

Rentals in Park Place Townhomes have a median asking rent of $1,750 per month, across 3 active rental listings. For comparison, the West Palm Beach median is $2,250, so rents here run 22% lower.

For investors, those medians imply a gross yield near 9.0% 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 West Palm Beach rentals or ask us for a rent estimate on a specific Park Place Townhomes home.

Here is what the median Park Place Townhomes price means in Florida closing terms. At $235,000, a 20% down payment comes to about $47,000, leaving a loan near $188,000.

Florida then taxes that loan twice. First, documentary stamp tax on the note runs 35 cents per $100, or about $657. Next, the intangible tax of 0.2% adds about $375. Buyers normally pay both at closing.

On the seller side, Florida deed stamps cost 70 cents per $100 of price. At the Park Place Townhomes median, that is about $1,642.

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 Park Place Townhomes listings show assignments to Hope-Centennial (elementary), Bear Lakes (middle) and Palm Beach Lakes (high). However, boundaries can change each year, so confirm the assignment for a specific address with the School District of Palm Beach County.