Summit Lake Homes for Sale

Summit Lake is a community in West Palm Beach, Palm Beach County, Florida. Active listings are priced from $299,000 to $339,000. Homes were built starting 2001. Pure Equity lists homes in Summit Lake 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 Summit Lake 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 2 Summit Lake West Palm Beach homes for sale as of October 2026. The median asking price is $305,000. Asking prices run from $270,000 to $339,000.

That is 6% below the West Palm Beach median of $325,000. On a per-foot basis, homes here ask about $234 per square foot, compared with $251 across West Palm Beach. So the median price buys roughly 1,300 square feet of living area. With so few listings, though, treat these figures as a snapshot rather than a trend.

Listings here have averaged 67 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 Summit Lake date from 2001, so they are about 25 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.

Rentals in Summit Lake have a median asking rent of $2,600 per month, across 1 active rental listing. For comparison, the West Palm Beach median is $2,250, so rents here run 16% higher.

You can browse current West Palm Beach rentals or ask us for a rent estimate on a specific Summit Lake home.

Here is what the median Summit Lake price means in Florida closing terms. At $305,000, a 20% down payment comes to about $61,000, leaving a loan near $244,000.

Florida then taxes that loan twice. First, documentary stamp tax on the note runs 35 cents per $100, or about $853. Next, the intangible tax of 0.2% adds about $487. Buyers normally pay both at closing.

On the seller side, Florida deed stamps cost 70 cents per $100 of price. At the Summit Lake median, that is about $2,132.

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 Summit Lake listings show assignments to Berkshire (elementary), Palm Springs Community (Palm Beach) (middle) and John I. Leonard (high). However, boundaries can change each year, so confirm the assignment for a specific address with the School District of Palm Beach County.