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Waterfront Community · Boca Raton, FL
Homes in Lotus Palm that are under contract or pending sale.
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Currently Pending · 2
About Lotus Palm
Lotus Palm is a gated waterfront community located in Boca Raton, Palm Beach County, Florida. Homes here were built between 2023 and 2024. There are 16 homes for sale in Lotus Palm right now, updated from the MLS.
Currently Pending in Lotus Palm
A home in Lotus Palm goes pending once a buyer and seller agree to terms and the sale moves toward closing. Pending homes are not final, and a deal can still change during inspections, financing, or the appraisal, but pending activity is a useful read on demand because it shows what buyers are committing to now rather than what sellers are asking. When homes in Lotus Palm go under contract quickly, competition is strong and buyers should be ready to move. When they sit before going pending, there is usually more room to negotiate. Because pending status turns over as deals close or fall through, the best read on Lotus Palm is a live one. Pure Equity Realty can tell you what is currently under contract, what recently closed, and what is still available to buy before it goes pending.
Homes & Architecture
Recent listings in Lotus Palm have offered 5 bedrooms and 5 baths. Living areas run from about 3,882 to 3,888 square feet. The mix here includes single family homes. Current prices run from $1,990,000 to $3,100,000. The homes on the market were built between 2023 and 2024.
Market & Value
Recent activity is the clearest guide to value in Lotus Palm. The median list price in Lotus Palm is around $2,354,500, or roughly $621 per square foot. That sits about 396% above the Palm Beach County median, which shows where Lotus Palm lands in the local market. Recent asking prices have run from $1,990,000 to $3,100,000, so the home you choose within Lotus Palm matters as much as the community average. Homes here have recently taken about 93 days to go under contract, a useful gauge of how quickly the Lotus Palm market is moving. For pricing an offer or a listing, comparable sales within Lotus Palm 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 Lotus Palm so you work from real numbers, not an estimate.
Who It Suits
Whether Lotus Palm fits you comes down to how you plan to live here. Lotus Palm appeals to boaters and buyers who want to be on the water, whether a canal, lake, or the Intracoastal. Waterfront homes carry their own insurance and maintenance considerations, so factor wind and flood coverage into the budget from the start. On price, Lotus Palm sits at the luxury end of the market, where buyers weigh the specific home, its finishes, and its setting closely. Whether Lotus Palm 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
The community is gated, with controlled access at the entrance. Waterfront homes here offer canal, lake, or Intracoastal frontage, and some sites include private dockage.
Location
Lotus Palm sits in Boca Raton, part of Palm Beach County, Florida. The Boca Raton 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 Lotus Palm
Watching Lotus Palm for your next home? The buying process here 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. Ask for the association's governing documents, budget, and reserve study before you write an offer. Association fees, any club or membership costs, and rules on rentals, pets, and leasing vary by community and materially affect the true cost of ownership. 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 Lotus Palm the day they reach the market.
Selling in Lotus Palm
If recent activity in Lotus Palm has you thinking about selling, it starts with pricing the home correctly for current conditions. List prices in Lotus Palm currently center around $2,354,500, 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. Buyers in an association community also want to see the HOA or condo docs, the reserve study, and any pending or special assessments up front, so having those ready before you list avoids delays once you are under contract. 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 Lotus Palm owners in Boca Raton, so you can see what your property could sell for before you commit to listing.
Frequently Asked Questions
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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