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1163 Peninsula Way, Greenacres, FL 33413
Active
156 Days on Market
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$559,900

1163 Peninsula Way

Greenacres, FL 33413

Olive Tree

Explore the area: Greenacres homes for sale · Palm Beach County real estate

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.

3
Bedrooms
2
Bathrooms
1,874
Living Sq Ft
1995
Year Built

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.

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Listing 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 link

General 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

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
View all 4 homes for sale in Olive Tree →
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.

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Listed by Jeffrey L Tricoli PA, KW Reserve Palm Beach

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