Community · Palm City, FL
La Mariposa Palm City, FL Homes For Sale & Real Estate
La Mariposa, Palm City, FL, is a community in Martin County with 2 homes for sale right now. Homes here were built starting in 1987.
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La Mariposa Market at a Glance
Live MLS · Updated Oct 14, 2026
- Active Inventory
- 2
- New Listings (30d)
- 1
- Pending Sales
- 0
- Median List Price
- $412,450
- Avg Days on Market
- 59
Residential MLS data for La Mariposa, updated nightly. View full market reports →
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Market Overview
La Mariposa real estate market
There are 2 homes for sale in La Mariposa right now. They are listed at $385,900 and $439,000. With so few homes on the market, these asking prices describe those homes rather than La Mariposa as a whole, so recent closed sales are the better guide to value here. These figures update from the MLS as the market moves.
La Mariposa Market Stats
MLS data updated October 10, 2026- Active Listings
- 2
- Median List Price
- $412,450
- Median $/Sq Ft
- $246
- Avg Days on Market
- 59
- Price Range
- $385,900 to $439,000
Frequently Asked Questions
- How many homes are for sale in La Mariposa?
- There are 2 homes for sale in La Mariposa right now, and the count updates from the MLS nightly as homes come on the market and go under contract. Inventory this thin means a buyer who wants to live in La Mariposa is usually waiting for the next listing rather than choosing between several, so it pays to be ready before one appears. Ask us to set up a search alert and you will see new La Mariposa listings the day they reach the market.
- What do homes in La Mariposa cost?
- The homes for sale in La Mariposa are listed between $385,900 and $439,000. An asking price is one seller's opinion, and with so few listings it says more about those houses than about La Mariposa. Recent closed sales in La Mariposa are the better measure, and we can pull them for a specific home.
- Are there lakefront homes in La Mariposa?
- Yes. Many La Mariposa homes back onto community lakes, and lake-view lots are common in current listings. The water here is inland lake frontage rather than Intracoastal or ocean access, so do not expect navigable water or boat dockage.
About La Mariposa
La Mariposa, Palm City, FL, is a community in Martin County with 2 homes for sale right now. Homes here were built starting in 1987. Listings update from the MLS nightly.
Homes & Architecture
Homes for sale in La Mariposa
Homes for sale in La Mariposa offer 2 to 3 bedrooms and 2 baths. Floor plans span roughly 1,612 to 1,764 square feet. The mix here includes single family homes. Current prices run from $385,900 to $439,000. The homes on the market were built between 1987 and 1989. The 6 most recent sales in La Mariposa had 3 bedrooms and 1,611 to 1,764 square feet, which is a fuller picture of the homes here than the current listings alone. Those homes were built between 1989 and 1993.
Schools
Schools near La Mariposa
Homes for sale in La Mariposa are typically zoned for the Palm City public schools below, based on current MLS listings. Confirm the exact attendance zone for any specific address with the Martin County school district before you buy.
- Elementary School
- Bessey Creek
- Middle School
- Hidden Oaks
- High School
- Martin County
Map
Where La Mariposa is in Palm City
Centred on the homes listed and recently sold in La Mariposa.
Recent Sales
Recently sold homes in La Mariposa
These are the last 6 recorded closings in La Mariposa, with the price each home actually sold for rather than what it was listed at. They closed at a median of $244 per square foot. The most recent closed on August 26, 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$325,000
Sold · August 26, 2026
2963 SW MARIPOSA Circle
3 bed · 2 bath · 1,646 sqft · $197/sqft
$24,000 under the asking price
Sold$410,000
Sold · August 17, 2026
2988 SW Mariposa Circle
3 bed · 2 bath · 1,764 sqft · $232/sqft
$14,999 under the asking price
Sold$430,000
Sold · June 30, 2026
2856 SW Mariposa Circle
3 bed · 2 bath · 1,764 sqft · $244/sqft
$15,000 under the asking price
Sold$400,000
Sold · April 7, 2026
2802 SW Mariposa Circle
3 bed · 2 bath · 1,646 sqft · $243/sqft
$58,900 under the asking price
Sold$410,000
Sold · September 24, 2025
2915 SW Mariposa Circle
3 bed · 2 bath · 1,656 sqft · $248/sqft
$20,000 under the asking price
Sold$410,000
Sold · August 15, 2025
2885 SW Mariposa Circle
3 bed · 2 bath · 1,611 sqft · $255/sqft
$7,000 under the asking price
See every recorded sale in La Mariposa or find out what your La Mariposa home is worth.
Market & Value
La Mariposa market and home values
The La Mariposa real estate market reads best through the community's own recent activity, not a county-wide average. Only 2 homes are for sale in La Mariposa right now, too few for an asking median to say much about the community or to compare fairly with the Martin County figure. Recorded closings are the better guide, because they show what buyers in La Mariposa actually paid. For pricing an offer or a listing, comparable sales within La Mariposa carry more weight than any headline number, since homes of the same type and size set the real range. Pure Equity can pull the active and recently sold homes in La Mariposa so you work from real numbers, not an estimate.
How It Compares
La Mariposa compared to nearby Palm City communities
La Mariposa has only 2 homes for sale, so its row reflects those listings rather than a community median. Price per square foot is the fairer comparison between communities, because it adjusts for the fact that one neighborhood builds bigger homes than another. Days on market shows how quickly each one is actually selling.
| Community | Homes | Median | $/Sq Ft | Days |
|---|---|---|---|---|
| Palm City Farms | 13 | $1,495,000 | $538 | 162 |
| Highlands Reserve | 7 | $845,000 | $248 | 89 |
| Palm Cove Golf & Yacht Club | 11 | $768,000 | $308 | 110 |
| Pipers Landing | 16 | $712,000 | $227 | 57 |
| Newfield Crossroads | 15 | $530,110 | $305 | 37 |
| La Mariposa this page | 2 | $412,450 | $246 | 59 |
| Pine Ridge At Martin Downs | 10 | $222,450 | $194 | 166 |
Medians come from active listings in each community and move as inventory turns over. They describe the homes currently for sale, not what any one home is worth.
Who It Suits
Is La Mariposa right for you?
It helps to know who La Mariposa tends to suit before you tour. La Mariposa suits a range of buyers, from first-time owners to move-up families, who want a home in Palm City with the everyday conveniences of the area close by. A lake view is a common ask here, since many La Mariposa lots back onto water without the flood exposure of a coastal address. Whether La Mariposa is right for you depends on how you plan to use the home, full time or seasonally, and Pure Equity can walk you through the tradeoffs before you commit.
Amenities & Lifestyle
Living in La Mariposa
Many homesites in La Mariposa back onto community lakes, so lake views and water frontage are common here even though the community sits inland.
Location
La Mariposa location
La Mariposa is located in Palm City, part of Martin County, Florida. The Palm City area's shopping, dining, schools, and parks are all nearby, and the region's job centers, beaches, and airports are within driving distance.
Buying in La Mariposa
Buying a home in La Mariposa
The buying process in La Mariposa is the one used across Martin 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 Martin County is about $3,120. 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 Palm City means you see new listings in La Mariposa the day they reach the market.
Selling in La Mariposa
Selling a home in La Mariposa
Selling a home in La Mariposa starts with pricing it correctly for current conditions. 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 La Mariposa owners in Palm City, so you can see what your property could sell for before you commit to listing.
Thinking of Selling?
What is your La Mariposa home worth?
Online estimates miss what makes a home different. Tell us about yours and a licensed listing agent will send you a pricing opinion based on what has actually closed near you in La Mariposa.
Listing agents and seller representation in La Mariposa
Thinking about selling in La Mariposa? The agent you pick shapes two numbers: what your home closes for, and how long it takes. A listing agent, also called a seller's agent, prices the property against what has actually closed nearby. They also prepare and market it, screen the offers that arrive, and negotiate the terms rather than just the price.
Conditions in La Mariposa sit close to balanced, which rewards sellers who price against real closed sales instead of neighboring asking prices.
Community-level detail matters most here. Association rules, what the fees cover, and which buildings sell fastest all affect your outcome. So does whether a buyer needs board approval before closing. None of it appears in a listing description. All of it decides whether a sale closes on time.
Pure Equity is a licensed Florida brokerage serving La Mariposa. Onias Derilus is the broker of record, Florida Real Estate Broker license BK3276618. A broker holds a higher license than an agent working under one. In practice that means the person advising you on price is also the one legally responsible for the file. That matters most when a deal gets complicated.
More on this: listing agents in Palm City · what does a listing agent actually do? · selling a house with code violations
Realtors and real estate agents serving La Mariposa
People search for realtors, real estate agents, and real estate brokers more or less interchangeably. For most purposes the job title matters less than licensing and representation. Every licensed agent in Florida works under a broker. That broker carries final responsibility for the transaction.
What separates real estate professionals in La Mariposa is specificity. Can they answer questions about your street, not just your city? Ask what they have closed nearby and how they arrived at a price. A grounded answer cites particular recent sales. It also explains why those homes compare to yours. Vague reassurance is the warning sign.
More on this: how an HOA affects your home value · how a special assessment affects your sale · what it costs to sell a house here
Buyer's agents in La Mariposa
A buyer's agent represents the purchaser rather than the owner. They identify properties that actually fit and research what comparable homes sold for, not what they asked. They also advise on offer strategy. Finally, they manage inspection and financing deadlines through to closing.
Where buyers have room to negotiate, as they do in La Mariposa, the leverage is only worth something if you know where it exists and what to ask for. If you are buying and selling at the same time, which is common for people moving within Martin County, sequencing the two is its own skill: contingencies, timing, and what happens if one closing slips all need planning before either home goes on the market.
What representation costs
Real estate commissions are negotiable. No law, multiple listing service, or association sets them. If an agent tells you there is a standard rate, they are misinforming you. What you pay is agreed between you and the brokerage you hire. Get it in writing before the work begins.
Industry rules changed in 2024. Now a buyer and their agent must put compensation in a written buyer agreement before touring homes together. Sellers may still offer to contribute toward the buyer's side. However, that is negotiated rather than assumed. It is worth thinking through with your listing agent before you go live.
More on this: how commission is actually structured · the inspection response, and how to handle it · tax on the sale, and who actually answers it
Buying Instead?
Search La Mariposa with someone local
We will tell you which listings are worth your time, what comparable homes actually closed for, and how to structure an offer that holds up through inspection and financing.
Frequently asked questions
How do I find a listing agent in La Mariposa?
Ask any listing agent you interview two questions. Which homes have they closed near La Mariposa, and how did they arrive at their suggested price? A grounded answer names recent closed sales. It also explains why those homes compare to yours. Optimistic pricing costs sellers more than almost any other decision. Verify the license too. Florida licenses are public and searchable through the state's DBPR portal. Pure Equity is a licensed brokerage serving Martin County. You can reach the broker directly at (561) 835-5400.
What does a seller's agent actually do?
A seller's agent prices the home against comparable closed sales. Before it goes live, they advise on repairs and presentation. Then they handle photography and marketing, and put the home in front of buyers and other agents. When offers arrive, they screen them and negotiate both price and terms. Terms matter as much as the number, because inspection windows, financing contingencies, and closing dates all affect whether an offer reaches the closing table.
How much does a real estate agent cost in La Mariposa?
Commissions are fully negotiable. No law or real estate board sets them. What you pay is whatever you and your brokerage agree to in writing before work begins. Since the 2024 rule changes, buyers and their agents must agree compensation in a written buyer agreement before touring homes. Any seller contribution toward the buyer's side is negotiated rather than automatic. Ask any agent you interview to put their fee in writing.
What is the difference between a realtor, a real estate agent, and a broker?
A real estate agent holds a state license to represent buyers and sellers. A broker holds a higher-level license and can operate a brokerage. That broker also carries final legal responsibility for the office's transactions. Realtor is a membership term for agents belonging to the National Association of Realtors. For someone buying or selling in La Mariposa, three practical questions matter. Is the person licensed, who do they represent in your transaction, and what can they actually tell you about your local market?
Do I need an agent to buy a home in La Mariposa?
You are not legally required to use one, but most buyers in La Mariposa do. A buyer's agent handles the parts that are easy to get wrong. That means identifying what comparable homes actually closed for, spotting condition or association issues early, and managing inspection and financing deadlines. Even in a slower market, negotiating room is only useful if you know where it exists.
Can one agent help me sell my current home and buy the next one?
Yes. For people moving within Martin County it is often the more practical route, because one person coordinates both timelines. Sequencing is the hard part. Should your purchase be contingent on your sale? How would you cover a gap if the closings do not line up? What happens if one side is delayed? Plan all of that before either home is listed, rather than after an offer arrives.
Public Records
Look up La Mariposa property 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.
Martin 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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