Recently Sold Homes in Coral Lakes

Recently Sold · 5

Sold

Boynton Beach, FL · Condo

12540 Majesty Circle 303

$215,000

3 Bed2 Bath1,509 Sqft

Sold

Boynton Beach, FL · Condo

12560 Majesty Circle 104

$339,000

3 Bed2 Bath1,869 Sqft

Sold

Boynton Beach, FL · Single Family

5582 Royal Lake Circle

$424,999

2 Bed2 Bath1,658 Sqft

Sold

Boynton Beach, FL · Single Family

12697 Via Ravenna

$546,000

3 Bed2 Bath2,256 Sqft

Sold

Boynton Beach, FL · Condo

5952 Regal Glen Drive 104

$247,000

3 Bed2 Bath1,813 Sqft

About Coral Lakes

Coral Lakes is an age-restricted 55+ community in Boynton Beach, Palm Beach County, Florida, governed under the Housing for Older Persons Act (HOPA). Homes are priced from $199,900 to $625,000. At least one resident per home must be 55 or older. Pure Equity Realty represents buyers and sellers in Coral Lakes at 1% listing commission. Free buyer representation.

Recently Sold in Coral Lakes

What homes sell for in Coral Lakes

Recent sales are the most reliable guide to value in Coral Lakes. Closed prices show what buyers actually paid, which matters far more than asking prices when you are pricing a home to sell or preparing an offer. A sold history also shows how long homes in Coral Lakes sat before closing and whether they went for over or under asking, and both shape a smart pricing or offer strategy. Closings turn over constantly, so a quiet stretch does not mean the market stopped, only that the most recent sales are already on record and the next ones have not closed yet. For a true read on value, the closest comparable homes matter more than any single headline figure. Pure Equity Realty can pull a full sold report for Coral Lakes with the detail behind each sale, or a valuation built from the most comparable recent closings.

Homes & Architecture

Homes in Coral Lakes

Recent listings in Coral Lakes have offered 2 to 3 bedrooms and 2 baths. Living areas run from about 1,509 to 2,256 square feet. The mix here includes condo and single family homes. Current prices run from $189,000 to $599,900. The homes on the market were built between 1996 and 2001.

Market & Value

Coral Lakes market and home values

Recent activity is the clearest guide to value in Coral Lakes. The median list price in Coral Lakes is around $339,900, or roughly $195 per square foot. That sits about 28% below the Palm Beach County median, which shows where Coral Lakes lands in the local market. Recent asking prices have run from $189,000 to $599,900, so the home you choose within Coral Lakes matters as much as the community average. Homes here have recently taken about 129 days to go under contract, a useful gauge of how quickly the Coral Lakes market is moving. For pricing an offer or a listing, comparable sales within Coral Lakes 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 Coral Lakes so you work from real numbers, not an estimate.

Who It Suits

Is Coral Lakes right for you?

Whether Coral Lakes fits you comes down to how you plan to live here. As an age-restricted community, Coral Lakes fits active adults, downsizers, and seasonal residents who want a lock-and-leave home and a full social calendar. At least one resident usually needs to meet the age requirement, so confirm the specific age rule and any younger-spouse provision before you buy. On price, Coral Lakes sits toward the more attainable end of the market, which draws first-time buyers, downsizers, and investors. Whether Coral Lakes 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

Living in Coral Lakes

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. As an age-restricted community, Coral Lakes centers on an active adult lifestyle, with amenities and a social calendar built for residents 55 and over.

Location

Coral Lakes location

Coral Lakes sits in Boynton Beach, part of Palm Beach County, Florida. The Boynton Beach 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 Coral Lakes

Buying a home in Coral Lakes

Watching Coral Lakes 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 Boynton Beach means you see new listings in Coral Lakes the day they reach the market.

Selling in Coral Lakes

Selling a home in Coral Lakes

If recent activity in Coral Lakes has you thinking about selling, it starts with pricing the home correctly for current conditions. List prices in Coral Lakes currently center around $339,900, 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 Coral Lakes owners in Boynton Beach, so you can see what your property could sell for before you commit to listing.

Frequently Asked Questions

How many homes are for sale in Coral Lakes?

There are 27 active listings for sale in Coral Lakes right now, and these counts update from the MLS as homes come on the market and go under contract. Inventory spans a range of budgets and property types, from condos and townhomes to single-family homes. Ask us to set up a search alert and you will see new Coral Lakes listings the day they reach the market.

What is the median home price in Coral Lakes?

The median list price in Coral Lakes is $339,900, or roughly $195 per square foot. The median is the midpoint of what is currently listed, so about half of Coral Lakes homes ask more and half ask less, within a broader range of $189,000 to $599,900. Treat it as a quick gauge of the Coral Lakes market rather than a valuation for any one home, since price depends heavily on size, condition, location, and community. We can pull recent comparable sales to price a specific home more precisely.

What price range do homes in Coral Lakes cover?

Homes for sale in Coral Lakes currently range from about $189,000 at the entry level to $599,900 at the top of the market. That spread reflects the local mix, from smaller condos and townhomes up to larger single-family and luxury homes, with the median list price around $339,900. A wide range usually means there is something at most budgets, though the number of homes at each price point varies. Tell us your budget and must-haves and we will send the Coral Lakes listings that actually fit.

How long do homes take to sell in Coral Lakes?

Homes in Coral Lakes are averaging 129 days on market, measured from the day a listing goes live to the day it goes under contract. That pace is a useful read on demand: a lower number points to a faster, more competitive market where well-priced homes move quickly, while a higher number gives buyers more room to negotiate. Days on market in Coral Lakes also shift with the season and with how a home is priced, so a sharply priced listing can still sell well ahead of the average.

Is Coral Lakes a 55+ community?

Yes. Coral Lakes is an age-restricted, 55-and-over active adult community, which generally means at least one resident per home must be 55 or older and the community is built around an active adult lifestyle. These communities usually pair lower-maintenance homes with amenities such as a clubhouse, pool, fitness center, and a full social calendar. Rules on age, occupancy, leasing, and pets are set by the HOA and vary, so confirm the current governing documents for Coral Lakes before you write an offer.

Is Coral Lakes a gated community?

Yes. Coral Lakes is a gated community with controlled access at the entrance.

Are there waterfront homes in Coral Lakes?

Yes. Coral Lakes includes waterfront homes with canal, lake, or Intracoastal frontage.

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