Neighborhood · Southwest Ranches, Florida
Palm Island
Gated acreage living in the heart of Southwest Ranches
2
Homes for sale
$1,885,000
Median list price
$443
Avg price / sqft
4
Median days on market
Palm Island is a small gated enclave in Southwest Ranches, a community built around space, privacy, and the semi-rural character that defines this corner of Broward County. Homes here run large — the median is over 4,200 square feet — on lots that give you room to breathe well outside the density of nearby Fort Lauderdale. Families are drawn to the assigned Nova schools, from Nova Blanche Forman Elementary through Nova High School, a well-regarded feeder pattern that keeps demand steady.
This is a thin, fast market: just two homes are active right now, both gated and both above $1M, with a median list price of $1,885,000. Homes that hit the mark move quickly — the median time on market is under four days — and over the past year sellers collected about 95% of asking across six sales, with a median sold price of $1,580,000. If you want to track what comes available, watch the live map, because inventory this tight rewards buyers who act early.
Palm Island is a community in Southwest Ranches, Florida.
Quick facts
$1,670,000 – $2.1M price range
4,266 sqft median home
$11,500/mo median rent
6 sold in 12 months
On the market now
Homes for sale in Palm Island
$1,670,000
405 Sabal Way, Weston FL 33326, WESTON
5 bd · 4 ba · 3,704 sqft
$2,100,000
392 Coconut Cir, Weston FL 33326, WESTON
5 bd · 3.5 ba · 4,828 sqft
Every active listing inside the Palm Island boundary
Open full map search →Find your fit
Browse Palm Island
By feature — on the live map
Where the market lives
The numbers that matter
The Palm Island market
6
Sold, last 12 months
$1,580,000
Median sold price
95%
Sale-to-list ratio
What sellers actually get vs asking
37 days
Median time to sell
Palm Island vs Southwest Ranches
Median list price
Price per sqft
Days on market
Median sold price — 3-yr, 3-mo rolling
▼ 11.9% yr/yr
Homes sold per month
Live Stellar MLS data — every listing and closed sale inside the Palm Island boundary. Rolling medians smooth single-month swings in small communities.
For the school run
Schools Palm Island is zoned for
Attendance boundaries overlapping this community — always verify zoning with the district.
What it really costs
Owning here
Owning the median Palm Island home
≈ $11,899/mo
$1,885,000 median · 20% down · 30-yr fixed at 6.9% · taxes/HOA from live listing data · insurance is a Florida estimate.
$11,500/mo
Median rent
Homes for rent inside the boundary
Population
832
Median age
46
Median income
$250,001
Median home value
$752,200
Beyond the listings
Living in Palm Island
Food & Drink
Top 3% in the U.S.Ingredient Attentive
These folks are conscious about what they eat. They're looking for ingredients that not only taste great, but also have great nutritional benefits.
Attitudes
Top 5% in the U.S.Deal Seekers
These people are hunting discounts, contests, and promotions. The population loves a good sale, and they can't wait to share their bargain finds and winnings with friends and family.
Lifestyles
Top 5% in the U.S.Wealth Signaling
Interested in the finer things life has to offer, this population wants to display their lifestyle by discussing luxury products. Often references jewelry, cars, and home features.
Hobbies & Interests
Top 6% in the U.S.Animal Advocates
Passionate about animal welfare, this population wants to know how best to care for their own pets (with toys and training) and help other animals find their fur-ever home.
Hobbies & Interests
Top 9% in the U.S.Dog Lovers
Pups are just another member of the family. Dog lovers adore their tail-wagging friends and are looking for new ways to make them happy.
Beliefs
Top 10% in the U.S.Mindfulness & Spirituality
Seeking peace and well-being through meditation, gratitude and spirituality.
Straight answers
Palm Island FAQs
Is Palm Island a good place to live?+
It suits buyers who want space, privacy, and a gated setting within the semi-rural feel of Southwest Ranches. The large lots and homes averaging over 4,200 square feet appeal to families, and the assigned Nova schools are a consistent reason people choose this area.
Is Palm Island expensive?+
Yes — it's a luxury market where every active listing is above $1 million and the median list price is $1,885,000. Over the past year, six homes sold at a median of $1,580,000, so buyers should plan for the seven-figure tier.
What do homes cost in Palm Island?+
Active listings currently range from $1,670,000 to $2,100,000, with a median list price of $1,885,000 and an average of about $443 per square foot. The median home is 4,266 square feet, so you're paying for genuine scale.
How is the market in Palm Island?+
It's fast and tight, with only two homes active right now and a median of just 3.5 days on market. Sellers averaged 95% of their asking price across six sales in the last year, so serious buyers should be ready to move — the live map is the best way to catch new inventory.
What about HOA fees and property taxes?+
Property taxes run around $21,079 per year at the median, which tracks with the seven-figure home values here. HOA data isn't currently available for these listings, so confirm any community dues directly on the specific home you're considering.
Neighborhood boundary by edgeAI; listings matched to the polygon. IDX information is provided exclusively for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data is deemed reliable but is not guaranteed accurate by Stellar MLS.
Never miss a listing
New Palm Island homes, in your inbox
A daily digest of new Southwest Ranches listings — straight from the MLS. Unsubscribe anytime.