LocLocation: Grand Palms (Grove Place)
Price: $919,999
Beds/Baths: 5BR / 3BA
Square Footage: 2,845 sq ft living | 6,573 sq ft lot
Style: Two story lakefront pool home
Days on Market: 2
HOA: $466/month
Flood Zone: (verify with listing agent)

Disclosure: This is not my listing. This analysis is for educational purposes to help buyers understand market value and property features in Grand Palms.

If you've been house hunting in west Pembroke Pines gated golf communities, you know how rare it is to find a lakefront home with a heated pool, brand new roof, and five bedrooms all under $950K.

This property in Grand Palms, one of Pembroke Pines' most established golf course communities, represents what's currently available at this price point in the $900K+ range.

What makes it notable:

Most homes in this price range either lack water frontage, need major system updates, or aren't in a golf course community. This one delivers the lifestyle amenities buyers in this segment expect.

1. Lakefront Location with 61 Feet of Water Frontage

Why this matters:

Market context: Lakefront homes in gated golf communities in Pembroke Pines typically start at $1M+. Finding one under $920K is increasingly uncommon.

2. Brand New Roof Installed in 2024

What this means for buyers:

Analysis: The roof replacement in 2024 is a significant selling point. For homes built in 1995, the original roof would typically need replacement by now. This expense is done.

3. Heated Screened Pool + Spa with Waterfall Feature

15x30 lagoon style heated pool with built in spa and waterfall

What you can do with it:

Plus: Covered patio and open air balcony upstairs for multiple outdoor zones

Market impact: Pool homes in Grand Palms typically sell faster and command premium pricing. Heated pools with spa features are especially desirable.

4. Original Owner Home with Consistent Maintenance

What "original owner" signals:

Translation: Original owner homes often have fewer surprises during inspections because maintenance has been steady and intentional.

5. 5 Bedroom Layout with Smart Separation

All 5 bedrooms upstairs gives you a clear separation between living and sleeping areas

Features noted:

Downstairs: Open living/dining areas with abundant natural light, tile flooring, and views of the pool and lake.

6. Grand Palms Community Features

Community amenities:

School zoning: Pembroke Pines schools nearby (verify current zoning with school board, as zones may change year to year)

Location: Minutes to I-75, Pines Boulevard shopping, Pembroke Lakes Mall, dining, and major retail.

Market context: Grand Palms consistently holds value due to golf course lifestyle, gated security, and west Pines location.

7. HOA Fee Covers Security and Community Maintenance

$466/month

For a gated golf course community with these amenities, this is reasonable. Comparable communities in this area charge $400-$600/month.

What's included:

1. Built in 1995 (30 Years Old)

While the listing notes the home is "beautifully maintained" and has a brand new roof, buyers should verify:

Analysis: Homes of this vintage may need capital improvements within 5-10 years beyond the roof. Budget accordingly and request maintenance records during due diligence.

2. HOA Approval Process Required

Like most gated communities, Grand Palms requires HOA approval for buyers. Allow 2-3 weeks for processing once under contract.

Also note:

3. Some Images Virtually Staged or Digitally Enhanced

The listing notes that some images have been virtually staged or digitally enhanced for marketing purposes.

What this means: See the home in person to verify actual condition, finishes, and layout. Don't rely solely on photos.

4. Two Story Layout

Unlike single story homes, this property has bedrooms upstairs.

Consideration: Not ideal for buyers seeking accessibility or aging in place features. However, the layout does provide clear separation between living and sleeping areas.

Recent Comparable Sales in Grand Palms (5BR, lakefront/waterfront, similar size):

Market observation: At only 2 days on market, this property is fresh and attracting attention. Grand Palms inventory is typically limited, and lakefront homes priced correctly move within 30-60 days.

Purchase Price: $919,999
Down Payment (20%): $183,999
Loan Amount: $736,000
Interest Rate: 6.24% (current average 30 year fixed)

Total Monthly Cost: $6,363-$6,563

Income requirement (28% front-end ratio): $272,000-$281,000 annual household income
Income requirement (conservative 25% ratio): $305,000-$315,000 annual household income

This property may appeal to:

✓ Buyers seeking lakefront living in a gated golf community
✓ Those prioritizing outdoor space (pool, spa, waterfall, lake views)
✓ Buyers who value major systems already handled (new roof = peace of mind)
✓ Golf enthusiasts or those seeking golf course community lifestyle
✓ Buyers wanting move in ready condition without immediate projects
✓ Those valuing Grand Palms' location, security, and amenities

What this property teaches about the $900K+ market in Pembroke Pines:

Disclaimer: This analysis is for educational purposes only and does not constitute a formal appraisal, property recommendation, or guarantee of value. Property information is based on public records and listing data, which may contain inaccuracies. Prospective buyers should conduct their own due diligence, including professional inspections and independent market analysis.