$559,900
1163 Peninsula Way
Greenacres, FL 33413
Explore the area: Greenacres homes for sale · Palm Beach County real estate
Price Check
How this price compares
- List price
- $559,900
- Price per sq ft
- $299
- Vs. nearby sales
- 5.7% above
- Days on market
- 156
This 3-bedroom single-family home in Olive Tree is listed at $559,900, or $299 per square foot. The asking price has come down 6.7% from its original $599,900. It has been on the market for 156 days. The 6 most recent single-family home sales in the closings shown below sold at a median of $283 per square foot, so the asking price is 5.7% above what comparable homes here actually sold for.
Estimated monthly payment
$2,943 /mo
Principal and interest only, based on $111,980 down (20%), a 6.875% 30-year fixed rate. Property taxes, homeowners insurance, and the $91/mo HOA are not included.
Customize this estimateListing Snapshot
- Price
- $559,900
- Days on Site
- 156 Days
- Bedrooms
- 3
- Total Baths
- 2
- Full Baths
- 2
- Partial Baths
- 0
- Living Area
- 1,874 sqft
- Total Sq Ft
- 2,566 sqft
- Lot Size
- 0.15 Acres
- Year Built
- 1995
- Property Type
- Single Family
- MLS #
- B26025627
- Property Tax
- $3,001 (2025)
- HOA Fees
- $91 / Monthly
- Subdivision
- Olive Tree
- Development
- Normandy Isles
- County
- Palm Beach
- Status
- Active
- Special Conditions
- Standard / Listed As Is
About This Property
Located in the desirable community of Normandy Isles, this beautifully maintained 1-story home offers 1,874 sq ft of living space on a quiet cul-de-sac with a 2018 roof and newer Trane dual-zone air conditioner. Featuring 3 bedrooms plus an enclosed den/office and 2 bathrooms, this home combines comfort, functionality, and style. Enjoy complete accordion shutters for added storm protection, a 2-car attached garage, spacious driveway for extra parking, and the peace of mind of a gated community with a security guard and two entrance access points. The home is fully rewired for CAT 5 and alarm system connectivity, with sensors installed throughout the entire attic. Inside, the home showcases travertine stone and tile flooring throughout, stainless steel appliances, granite countertops, and rich wood cabinetry. The kitchen includes a convenient laundry area with washer and dryer, and all appliances and furnishings stay with the home. Step outside to your private outdoor retreat featuring a saltwater pool with upgraded travertine patio and lanai, perfect for relaxing or entertaining year-round from the covered, screened patio. The pool was professionally resurfaced in 2020 by Green Turtle Fiberglass Pools. The spacious primary suite features private doors leading directly to the patio and pool area with individual access points for added convenience. Additional upgrades include a whole-house water filtration system by Island Water, fully paid for by the current owners. The system services the showering and laundry water supply, and the new owner may continue service directly through Island Water for future filter maintenance if desired. Conveniently located in a gated community with security guard access and two entrance points, this home offers both privacy and accessibility.
MLS media linkGeneral Features
- Property Type
- Single Family
- Status
- Active
- Year Built
- 1995
- Property Condition
- Resale
- Number of Stories
- 1
- Levels
- One
- Garage Spaces
- 2
- Attached Garage
- Yes
- Parking
- Attached / Driveway / Garage / Garage Door Opener
- Direction Faces
- South
- Lot Size (Acres)
- 0.15
- Living Sq Ft
- 1,874
- Total Sq Ft
- 2,566
- Structure Type
- House
- Sewer
- Public Sewer
- Water Source
- Public
- Zoning
- Rm-2
Interior Features
- Appliances
- Cooktop / Dryer / Dishwasher / Gas Cooktop / Disposal / Gas Water Heater / Ice Maker / Microwave / Oven / Refrigerator / Water Heater / Washer
- Cooling
- Central Air / Ceiling Fans / Electric
- Heating
- Central / Electric
- Flooring
- Carpet / Ceramic Tile / Other / Tile / Wood
- Interior Features
- Breakfast Bar / Breakfast Area / Dual Sinks / High Ceilings / Living Dining Room / Custom Mirrors / Main Level Primary / Pantry / Split Bedrooms / Separate Shower / Bar / Walk In Closets
- Laundry
- Inside / Laundry Closet / In Kitchen / Main Level / Laundry Room
- Windows
- Blinds / Metal / Single Hung / Sliding / Storm Windows / Shutters
- Main Level Bedrooms
- 3
- Main Level Baths
- 2
- Total Rooms
- 10
- Furnished
- Unfurnished
Exterior Features
- Construction
- CBS Concrete Block Structure / Block / Stucco
- Roof
- Composition / Shingle
- Exterior Features
- Barbecue / Outdoor Living Area
- Architectural Style
- Contemporary
- Private Pool
- Yes
- Pool Features
- Free Form / Heated / In Ground / Other / Private / Screen Enclosure / Association
- Patio & Porch
- Covered / Patio / Screened
- Lot Features
- Cul De Sac / Sprinklers Automatic / Less Than Quarter Acre
- View
- Pool
Community & HOA
- HOA Fee
- $91 / Monthly
- HOA Includes
- Common Areas / Security / Trash
- Association Amenities
- Basketball Court / Clubhouse / Gated / Pool / Security / Sidewalks / Trails
- Community Features
- Home Owners Association / Gated / Street Lights
- Security
- Security System Owned / Security System / Gated With Guard / Gated Community / Phone Entry / Smoke Detectors / Security Guard
- Utilities
- Cable Available / Electricity Connected / Natural Gas Available / Sewer Available / Water Available
- Pets Allowed
- Breed Restrictions / Pet Restrictions / Yes
- Financing Terms
- Cash / Conventional / FHA / Va Loan
- Restrictions
- Other Restrictions / Ok To Lease
- MLS Area
- 5510
This home's HOA fee works out to $91 a month, in line with the $91 median across 4 homes for sale in Olive Tree. See Olive Tree HOA fees
Schools
- Elementary School
- Cholee Lake
- Middle School
- Okeeheelee
- High School
- Palm Beach Central
About the Community
Olive Tree Par 6a is a gated community in Greenacres, Palm Beach County, Florida. Active listings are priced from $484,900 to $489,900. Homes were built starting 2000. Pure Equity lists homes in Olive Tree and represents buyers. Commission is negotiable, and what we are paid is agreed with you in writing before you commit to anything.
- Homes for Sale
- 4
- Under Contract
- 1
- Median List Price
- $504,450
- Median $/Sq Ft
- $300
- Avg Days on Market
- 116
Frequently Asked Questions
- How do I schedule a tour of 1163 Peninsula Way, Greenacres, FL 33413?
- Use the Tour button on this listing to request a showing of 1163 Peninsula Way, Greenacres, FL 33413. Pick a day and time and choose an in-person or video-chat tour, and a Pure Equity agent will confirm your visit, often the same day.
- Is 1163 Peninsula Way, Greenacres, FL 33413 still available?
- 1163 Peninsula Way, Greenacres, FL 33413 is currently listed as Active, and has been on the market 156 days. Status updates directly from the MLS as homes go under contract, so ask us to confirm availability before you plan a visit.
- How much is the monthly payment for 1163 Peninsula Way, Greenacres, FL 33413?
- With 20% down ($111,980) on the $559,900 list price and a 30-year fixed loan at an illustrative 6.875% rate, the estimated principal & interest for 1163 Peninsula Way, Greenacres, FL 33413 is about $2,943/mo, before property taxes, insurance, and HOA dues. Use the payment estimate on this page to adjust the down payment and rate.
- How do I get pre-approved to buy 1163 Peninsula Way, Greenacres, FL 33413?
- Getting pre-approved shows sellers you're a serious buyer and clarifies your true budget before you offer on 1163 Peninsula Way, Greenacres, FL 33413. Contact Pure Equity and we'll connect you with a trusted local lender to review your financing options, no obligation.
- Does 1163 Peninsula Way, Greenacres, FL 33413 have an HOA fee?
- Yes: 1163 Peninsula Way, Greenacres, FL 33413 carries an HOA fee of about $91 monthly. HOA dues usually cover community amenities and shared maintenance; ask us for the current budget, rules, and exactly what's included.
- What schools serve 1163 Peninsula Way, Greenacres, FL 33413?
- 1163 Peninsula Way, Greenacres, FL 33413 is zoned for Cholee Lake (elementary), Okeeheelee (middle), Palm Beach Central (high). School assignments and boundaries can change year to year, so confirm current zoning with the local school district before you buy.
- Can I negotiate the price of 1163 Peninsula Way, Greenacres, FL 33413?
- Often, yes. The right offer on 1163 Peninsula Way, Greenacres, FL 33413 depends on how it's priced against comparable single family sales in Greenacres, how long it's been listed, and how motivated the seller is. Pure Equity will run the comps and help you craft a competitive, well-supported offer.
Listing courtesy of KW Reserve Palm Beach
Listing information is provided by BeachesMLS, Inc.and is deemed reliable but not guaranteed accurate by the MLS or Pure Equity. Information is for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties. © 2026 BeachesMLS, Inc. Last updated June 23, 2026.
$559,900
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Listed by Jeffrey L Tricoli PA, KW Reserve Palm Beach
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Recent Sales
Recently sold homes in Olive Tree
These are the last 6 recorded closings in Olive Tree, with the price each home actually sold for rather than what it was listed at. They closed at a median of $296 per square foot. The most recent closed on October 5, 2026. Closed sales are what an appraiser and a buyer's agent will look at, so they are the starting point for pricing a home here.
Sold$484,900
Sold · October 5, 2026
1087 Salmon Isle
3 bed · 2 bath · 1,444 sqft · $336/sqft
Sold$550,000
Sold · July 27, 2026
1168 Hatteras Circle
3 bed · 3.5 bath · 2,486 sqft · $221/sqft
$29,000 under the asking price
Sold$560,000
Sold · July 13, 2026
1128 Hatteras Circle
4 bed · 2 bath · 1,889 sqft · $296/sqft
$5,000 under the asking price
Sold$430,000
Sold · June 15, 2026
1327 Monteray Way
4 bed · 2 bath · 2,037 sqft · $211/sqft
$10,000 under the asking price
Sold$550,000
Sold · May 22, 2026
1001 Cape Cod Terrace
3 bed · 2 bath · 1,693 sqft · $325/sqft
$49,500 under the asking price
Sold$460,000
Sold · April 20, 2026
1029 Cape Cod Terrace
3 bed · 2 bath · 1,701 sqft · $270/sqft
$15,000 under the asking price
See every recorded sale in Olive Tree or find out what your Olive Tree home is worth.









