Palm Island Homes for Sale

Palm Island is a residential community in Weston, Florida.

Pure Equity Realty covers Palm Island and the Weston 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 a single listing for Palm Island Weston homes for sale as of October 2026. The median asking price is $2.1M.

That is 193% above the Weston median of $718,000. On a per-foot basis, homes here ask about $435 per square foot, compared with $391 across Weston. So the median price buys roughly 4,850 square feet of living area. With so few listings, though, treat these figures as a snapshot rather than a trend.

Listings here have averaged 96 days on the market. That tracks the Weston average of 89 days, so pricing and terms follow the wider city market.

Homes listed in Palm Island date from 1991, so they are about 35 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.

Here is what the median Palm Island price means in Florida closing terms. At $2.1M, a 20% down payment comes to about $420,000, leaving a loan near $1.68M.

Florida then taxes that loan twice. First, documentary stamp tax on the note runs 35 cents per $100, or about $5,880. Next, the intangible tax of 0.2% adds about $3,360. Buyers normally pay both at closing.

On the seller side, Florida deed stamps cost 70 cents per $100 of price. At the Palm Island median, that is about $14,700.

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 Palm Island listings show assignments to Indian Trace (elementary), Tequesta Trace (middle) and Cypress Bay (high). However, boundaries can change each year, so confirm the assignment for a specific address with Broward County Public Schools.