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Private Golf Community, Palm Beach Gardens
Approximately 300 estate homes surrounding a Raymond Floyd championship course in Palm Beach Gardens. Estates range from 3,400 to over 13,000 square feet on lots up to nearly three acres. A $350,000 equity membership is required with every purchase.
Palm Beach Gardens, 33418
Palm Beach Gardens, 33418
Palm Beach Gardens, 33418
Palm Beach Gardens, 33418
Palm Beach Gardens, 33418
Palm Beach Gardens, 33418
Palm Beach Gardens, 33418
Palm Beach Gardens, 33418
Delray Beach, 33483
Delray Beach, 33483
Delray Beach, 33483
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Old Palm Golf Club is a private golf community in Palm Beach Gardens with approximately 300 estate homes on a single Raymond Floyd championship course, established in 2003. Every buyer is required to purchase an equity membership directly from the club, currently $350,000 as of early 2026. This fee is paid outside of the real estate closing and is separate from the home purchase price.
The community is exclusively single-family estates, with no condominiums, villas, or townhomes. Homes range from approximately 3,400 to over 13,000 square feet on lots of a quarter acre to nearly three acres, with most lots between a third and half an acre. Homes were built between 2003 and 2023, meaning the entire community falls under the post-Hurricane Andrew Florida Building Code.
The equity membership fee has increased significantly over time: $175,000 through early 2022, $285,000 through 2023, and $350,000 from 2024 onward. Buyers should confirm the current fee, refund terms, and transfer mechanics directly with the club before making an offer, as these terms affect the total cost of entry and eventual resale recovery.
With approximately 300 homes, Old Palm is significantly smaller than Mirasol (~650 homes) or Frenchman’s Creek (~700 homes). That scale translates to lighter course traffic and a more connected membership.
Old Palm Golf Course
Raymond Floyd Design
Raymond Floyd designed Old Palm's 18-hole championship course with the perspective of a four-time major winner. The layout routes through a preserved greenbelt and wildlife corridor, creating natural separation between fairways and residential lots. Mature landscaping along the corridor screens most homes from the course, giving both golfers and residents more buffer than the typical South Florida golf community provides.
The practical benefit of a smaller membership on a single course: tee times are available with minimal advance booking, even during peak season. Course conditioning benefits from the lower volume of play compared to larger clubs that sustain two or three times the round count across their facilities.
Four-Time Major Winner
Wildlife Preserve Routing
Low Round Volume
Old Palm Homes for Sale
Estate Homes Only
Old Palm recorded 17 closed sales in the trailing 12 months through January 2026, totaling $100.6 million in volume. The median sale price was $5.05 million at a median $1,131 per square foot. These figures reflect home prices only and do not include the $350,000 equity membership paid separately to the club. The community's record sale, $22.5 million for a 9,655-square-foot estate on Tillinghast Circle, closed in July 2022 at $2,330 per square foot.
Since 2022, 60 transactions have closed at an average of $1,165 per square foot, representing $431 million in total volume. The median post-2022 sale-to-list ratio is 93.8%, with meaningful variation across price tiers (see Buyer Intelligence below).
Buyer Intelligence
Total cost of entry. The purchase price shown on MLS does not include the required equity membership. At $350,000 as of early 2026, this adds meaningfully to the total acquisition cost, particularly in the $3M to $5M tier where the membership fee represents roughly 7% to 12% of the home price. Buyers should confirm current fee amount, refund terms on resale, and any installment options directly with the club. The fee has risen from $175,000 in 2020 to $350,000 in 2024, doubling in four years.
HOA and club dues. Monthly HOA for recent sales (2024 onward) has run at a median of roughly $2,092 per month. Annual club dues are charged separately and cover course maintenance, clubhouse operations, and member programming. Prospective buyers should request the current combined cost schedule and review any recent or planned capital assessments before submitting an offer. Full fee detail is covered in the FAQ below.
Insurance and construction vintage. All Old Palm homes were built between 2003 and 2023 under the post-Hurricane Andrew Florida Building Code, which generally results in more favorable wind insurance rates than pre-2002 construction in communities like Loxahatchee Club (established 1985). Roof age and condition remain the primary factors in carrier availability and pricing: homes with roofs older than 15 years may face limited options or higher premiums. Flood insurance requirements vary by lot elevation within the community.
Negotiation context. The median sale-to-list ratio for post-2022 transactions is 93.8%. Buyers in the $3M to $5M range have negotiated more aggressively (median 91.6% of list), while $10M+ transactions close closer to asking (median 97.5%). The core $5M to $10M band settles at roughly 93.6% of list.
Resale dynamics. Overall median days on market for post-2022 sales is 75. There is significant variance across price tiers and listing strategies: some properties transact off-market or pre-MLS in under two weeks, while overpriced listings can sit for six months or more. Active inventory typically runs between four and eight listings at any given time. Most sales go through MLS, with off-market transactions occurring periodically at the high end.
Tax context. Florida’s homestead exemption caps assessed value increases at 3% annually under Save Our Homes. On a $5M to $10M property, this produces significant savings over a multi-year hold compared to non-homestead assessment at full market value. Seasonal buyers who do not declare homestead are reassessed at market value each year.
Equity Membership
Old Palm requires every buyer to purchase an equity membership from the club, separate from the real estate transaction. The current fee is $350,000 as of early 2026, paid directly to the club outside of closing.
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The $350,000 equity membership is mandatory for all buyers (as of early 2026). This is structured as an equity purchase rather than a non-refundable initiation fee. Confirm refund terms and transfer mechanics with the club before any offer.
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The equity fee was $175,000 through early 2022, rose to $285,000 through 2023, and reached $350,000 in 2024. Buyers should factor the possibility of further increases into their hold-period analysis.
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Course, clubhouse, dining, fitness, and pool privileges begin once the equity membership is purchased. No provisional membership tier, no phased access, no orientation waiting period.
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HOA runs at a median of approximately $25,000 per year based on 2024 and 2025 sales. Club dues are billed separately. See the dues FAQ below for the full breakdown.
Beyond Golf
The clubhouse houses multiple dining rooms, member lounges, a full-service pro shop, and private event space. Dining ranges from casual post-round service to full-service seated dinners. Seating and staffing are scaled for the smaller membership, which reduces wait times during peak season.
Dedicated driving range, short game practice area, and putting greens adjacent to the clubhouse.
Fitness center, a pool complex with lap lanes and a family recreation area, a separate spa and hot tub, a sauna, and a poolside cabana.
Staffed gatehouse at a single vehicle entry point with visitor pre-clearance and driver's license verification. 24-hour security patrol and perimeter wall throughout the community.
Palm Beach Gardens, Florida
Old Palm sits on the northern edge of Palm Beach Gardens near the Jupiter border, accessed from PGA Boulevard west of the Florida Turnpike. This positioning provides direct access to Jupiter's expanding restaurant and retail scene to the north and the Gardens Mall, Legacy Place, and Downtown at the Gardens shopping districts to the south.
Palm Beach International Airport is approximately 20 minutes from the community gate via I-95 or the Turnpike. Private aviation is served by Signature Flight Support and Atlantic Aviation at PBI. Juno Beach and ocean access are roughly 12 minutes east. The community falls within the Watson B. Duncan Middle and William T. Dwyer High school districts.
How It Compares
Common Questions
As of early 2026, estate homes trade from approximately $3 million to over $20 million. No sale has closed below $3 million since 2021. The trailing-12-month median sale price is $5.05 million at a median $1,131 per square foot. These figures reflect home prices only; the required $350,000 equity membership is paid separately to the club. Homes in the $3M to $5M range are typically 3,400 to 6,500 square feet and built between 2003 and 2015 with original or partially updated finishes. The $5M to $10M band represents the most active segment (30 post-2022 sales at a median $1,200 per square foot), covering 4,200 to 9,400 square feet with golf course frontage or premium lot positions. The $10M+ tier consists of custom estates of 7,000 to 13,500+ square feet on Tillinghast Circle and other premier locations, with 11 post-2022 sales at a median $1,474 per square foot.
Old Palm requires every buyer to purchase an equity membership directly from the club, paid outside of the real estate closing. The current fee is $350,000 as of early 2026. This is structured as an equity purchase rather than a non-refundable initiation fee, though buyers should confirm the specific refund terms, transfer mechanics, and any installment options directly with the club. The fee has risen significantly: $175,000 through early 2022, $285,000 through 2023, and $350,000 from 2024 onward. In dollar terms, the fee is comparable to Loxahatchee Club ($350,000 to $400,000) and substantially higher than Mirasol ($75,000 to $125,000). The critical distinction is whether Old Palm’s equity structure allows partial or full recovery on resale, which would differentiate it from a sunk-cost initiation fee. This is a question to resolve with the club before any offer.
Median price per square foot has moved from approximately $528 in 2020 to $1,131 in the trailing 12 months through January 2026, roughly doubling in five years. The community’s record sale was $22.5 million for a 9,655-square-foot estate on Tillinghast Circle in July 2022, closing at $2,330 per square foot. Post-2022 volume totals $431 million across 60 closed transactions. The 2024 to early 2026 period has maintained a median of approximately $1,121 per square foot across 36 sales.
The trailing 12 months through January 2026 produced 17 closed sales totaling $100.6 million. Calendar 2025 recorded 19 sales. Annual volume has ranged from 8 transactions (2023) to 56 (2021, which reflected the post-COVID surge). Active inventory typically runs between four and eight listings at any given time. Overall median days on market for post-2022 sales is 75, though the range is wide: some properties transact pre-MLS in under two weeks, while overpriced listings can sit for six months or more.
Mirasol offers two Tom Fazio courses for approximately 650 homes with a broader price range ($1M to $8M) and a lower initiation fee ($75,000 to $125,000). It is significantly larger and includes a wider variety of product types. Loxahatchee Club is the closest comparison in scale (~270 homes), price ($2M to $12M), and membership cost ($350,000 to $400,000), with a Jack Nicklaus course. The key difference is membership structure: Old Palm’s fee is structured as equity, while Loxahatchee’s is typically an initiation fee. Buyers should confirm whether this distinction affects resale recovery. Bears Club is invitation-only on 488 gated acres with approximately 68 estate lots, operating at a higher price floor and exclusivity level. Total cost of entry at each community should be compared on an apples-to-apples basis: home price, membership fee, and annual dues combined. For a broader view, see our Palm Beach County golf community listings.
Monthly HOA for 2024 and 2025 sales has ranged from approximately $1,274 to $2,758, with a median of roughly $2,092 per month (approximately $25,000 per year at the median). The wide range reflects differences in lot size, home size, and any special assessments attached to specific properties. Annual club dues are billed separately and cover course maintenance, facility operations, and member programming; the club does not publish these figures publicly. Together with the $350,000 equity membership, these recurring and upfront costs should be modeled as part of the total carrying cost before making an offer.
Raymond Floyd, winner of four major championships: the 1976 Masters, the 1986 U.S. Open, and the 1969 and 1982 PGA Championships. Floyd’s playing career spanned from 1963 to 2010, including 22 PGA Tour wins. The course routes through a preserved greenbelt and wildlife corridor, creating natural separation between fairways and residential lots.
Three things to confirm before any offer. First, wind insurance: all homes were built between 2003 and 2023 under the post-Hurricane Andrew Florida Building Code, which generally qualifies for more favorable rates, but roof age is the primary variable. Ask for quotes assuming current roof condition and a separate quote assuming a roof replacement at closing. Second, flood insurance: lot elevation varies within the community, and some lots may fall in higher-risk FEMA zones. Confirm the flood zone designation for the specific property. Third, for homes built before 2010, ask whether any systems (electrical, plumbing, HVAC) have been updated since original construction, as carriers increasingly factor system age into underwriting.
Florida’s homestead exemption caps assessed value increases at 3% per year under Save Our Homes. On a $5M to $10M property, this produces substantial savings over a multi-year hold. Seasonal buyers who do not declare homestead are reassessed at full market value annually. For a $6M home with 3% annual appreciation, the gap between homesteaded and non-homesteaded tax bills widens significantly after just two or three years. This is one of the most underappreciated cost differences for out-of-state buyers evaluating Old Palm as a seasonal residence.
Homes in the $3M to $5M tier are predominantly 2003 to 2006 construction with original or lightly updated finishes. Kitchens, bathrooms, flooring, and mechanical systems in these homes are 20+ years old. Buyers acquiring in this tier should budget for a significant renovation to bring the home to the standard of updated estates trading in the $5M to $7M range. Scope typically includes kitchen and bath remodels, impact window and door upgrades where not already installed, HVAC replacement, pool resurfacing, and landscape refresh. Whole-house generators are standard in higher-priced estates but may need to be added to earlier builds. Buyers should factor renovation cost into their total acquisition budget when comparing an original-condition $3.5M home against a renovated $5.5M home, as the gap often narrows once the renovation is complete.
Old Palm’s governing documents include restrictions in several categories. Pets are allowed but subject to restrictions that should be confirmed with the HOA, particularly for larger breeds or multiple animals. Commercial vehicles, trucks, and recreational vehicles are prohibited from being stored or parked on residential lots. Leasing is restricted: specific terms, including minimum lease duration, frequency limits, and board approval requirements, should be confirmed before purchase. Leasing restrictions are particularly relevant for buyers who do not plan to occupy the property year-round, as the restrictions combined with non-homestead tax treatment can significantly affect the carrying cost of a seasonal residence. Request the current governing documents and any recent amendments from the HOA or your advisor before making an offer.
Old Palm maintains an architectural review committee that must approve all exterior modifications, additions, and new construction. Buyers planning significant renovations should factor the approval timeline into their project schedule. Review typically covers exterior materials, colors, landscaping changes, hardscape additions (pools, patios, driveways), and any changes visible from the street or golf course. The committee’s standards are designed to maintain visual consistency across the community. For interior-only renovations, confirm whether any permitting or HOA notification is required, particularly for work that involves structural changes, electrical panel upgrades, or plumbing relocation. Your advisor can provide guidance on typical approval timelines and the scope of recent renovation projects within the community.
Sixty transactions totaling $431 million since 2022, with a trailing-12-month median of $5.05 million. We'll walk you through the community, the equity membership structure, and bring you opportunities that match your criteria.