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Community · Boca Raton, FL
Palmetto Park Terrace is a community located in Boca Raton, Palm Beach County, Florida. Homes here were built between 1960 and 1965.
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Palmetto Park Terrace Market at a Glance
Live MLS · Updated Sep 2, 2026
Residential MLS data for Palmetto Park Terrace, updated nightly. View full market reports →
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Market Overview
There are 3 active listings for sale in Palmetto Park Terrace right now. The median list price is $880,000, or about $414 per square foot. Listings span $839,000 to $925,000, so there is inventory across most budgets. Homes are averaging 36 days on market. These figures update from the MLS as the market moves.
Palmetto Park Terrace Market Stats
Live MLSFrequently Asked Questions
About Palmetto Park Terrace
Palmetto Park Terrace is a community located in Boca Raton, Palm Beach County, Florida. Homes here were built between 1960 and 1965. There are 3 homes for sale in Palmetto Park Terrace right now, updated from the MLS.
Homes & Architecture
Homes for sale in Palmetto Park Terrace offer 3 to 4 bedrooms and 2 to 3 baths. Floor plans span roughly 1,365 to 2,236 square feet. The mix here includes single family homes. Current prices run from $839,000 to $925,000. The homes on the market were built between 1960 and 1965.
Schools
Homes for sale in Palmetto Park Terrace are typically zoned for the Boca Raton public schools below, based on current MLS listings. Confirm the exact attendance zone for any specific address with the Palm Beach County school district before you buy.
Market & Value
The Palmetto Park Terrace real estate market reads best through the community's own recent activity, not a county-wide average. The median list price in Palmetto Park Terrace is around $880,000, or roughly $414 per square foot. That sits about 85% above the Palm Beach County median, which shows where Palmetto Park Terrace lands in the local market. Recent asking prices have run from $839,000 to $925,000, so the home you choose within Palmetto Park Terrace matters as much as the community average. Homes here have recently taken about 36 days to go under contract, a useful gauge of how quickly the Palmetto Park Terrace market is moving. For pricing an offer or a listing, comparable sales within Palmetto Park Terrace carry more weight than any headline number, since homes of the same type and size set the real range. Pure Equity Realty can pull the active and recently sold homes in Palmetto Park Terrace so you work from real numbers, not an estimate.
Who It Suits
It helps to know who Palmetto Park Terrace tends to suit before you tour. Palmetto Park Terrace suits a range of buyers, from first-time owners to move-up families, who want a home in Boca Raton with the everyday conveniences of the area close by. On price, Palmetto Park Terrace sits in the upper tier, drawing buyers who want more space, newer construction, or a stronger location. Whether Palmetto Park Terrace is right for you depends on how you plan to use the home, full time or seasonally, and Pure Equity Realty can walk you through the tradeoffs before you commit.
Amenities & Lifestyle
Palmetto Park Terrace is a residential neighborhood, and its homeowners association maintains the shared areas and community standards.
Location
Palmetto Park Terrace is located in Boca Raton, part of Palm Beach County, Florida. Residents are close to the shopping, dining, schools, and parks of the Boca Raton area, with the wider job centers, beaches, and airports of the region within driving distance.
Buying in Palmetto Park Terrace
The buying process in Palmetto Park Terrace is the one used across Palm Beach County. Getting a mortgage pre-approval first tells you your real budget and lets you move quickly when the right home comes up. Property taxes factor into the monthly payment: the median annual property tax in Palm Beach County is about $3,600. Florida's homestead exemption lowers the taxable value of a primary residence, and the Save Our Homes cap limits how fast that assessed value can rise from year to year. Budget for homeowners insurance as well. Rates in Florida reflect wind and flood exposure, so gather quotes early and check whether a specific address sits in a FEMA flood zone. Once you are under contract, plan for a home inspection and, if you are financing, a lender appraisal, both of which fall inside the inspection period. Working with an agent who knows Boca Raton means you see new listings in Palmetto Park Terrace the day they reach the market.
Selling in Palmetto Park Terrace
Selling a home in Palmetto Park Terrace starts with pricing it correctly for current conditions. List prices in Palmetto Park Terrace currently center around $880,000, which is a starting reference for where a comparable home might be positioned. Homes that are decluttered, professionally photographed, and priced to recent comparable sales tend to draw the most interest in the first two weeks, when a listing is newest and gets the most views. Florida sellers usually pay the documentary stamp tax on the deed, currently $0.70 per $100 of the sale price in most counties, along with prorated property taxes and, by local custom in many areas, the owner's title insurance policy. We provide a no-obligation home valuation for Palmetto Park Terrace owners in Boca Raton, so you can see what your property could sell for before you commit to listing.
Public Records
Anything on this page that affects what a home costs to own, assessed value, exemptions, flood zone, is published by a public agency. These are the official sources, not our summaries of them.
Palm Beach County Property Appraiser
Assessed value, homestead exemption status, and recorded sales history for any parcel.
FEMA Flood Map Service Center
Look up the official flood zone for an address before you budget for insurance.
Florida Department of Revenue, property taxes
How Florida assesses property, and which exemptions you can claim.
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