Recently Sold Homes in Prospect Park South

Recently Sold · 6

About Prospect Park South

Prospect Park South is a luxury community in West Palm Beach, Palm Beach County, Florida. Properties are priced from $3,400,000 to $10,900,000. Pure Equity Realty lists homes in Prospect Park South for 1% commission and provides free buyer representation.

Homes & Architecture

Homes in Prospect Park South

Recent listings in Prospect Park South have offered 2 to 5 bedrooms and 2 to 4.5 baths. Floor plans span roughly 1,175 to 3,327 square feet. The mix here includes single family homes. Current prices run from $1,450,000 to $10,900,000. The homes on the market were built between 1925 and 2022.

Amenities & Lifestyle

Living in Prospect Park South

Prospect Park South is a residential neighborhood, and its homeowners association maintains the shared areas and community standards.

Location

Prospect Park South Location

Prospect Park South sits in West Palm Beach, part of Palm Beach County, Florida. The West Palm 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 Prospect Park South

Buying a home in Prospect Park South

If a home in Prospect Park South catches your eye here, the buying process follows the same path as the rest of 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. 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 West Palm Beach means you see new listings in Prospect Park South the day they reach the market.

Selling in Prospect Park South

Selling a home in Prospect Park South

Thinking of selling in Prospect Park South? A successful sale here comes down to pricing, presentation, and marketing. List prices in Prospect Park South currently center around $3,750,000, 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. 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 Prospect Park South owners in West Palm 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 Prospect Park South?

There are 8 active listings for sale in Prospect Park South right now, updated from the MLS.

What is the median home price in Prospect Park South?

The median list price in Prospect Park South is $3,750,000, or about $1270 per square foot.

What price range do homes in Prospect Park South cover?

Listings in Prospect Park South currently range from $1,450,000 to $10,900,000.

How long do homes take to sell in Prospect Park South?

Homes in Prospect Park South are averaging 146 days on market.

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