Park Place Condominium No
Homes for Sale in Pembroke Pines, FL

Park Place Condominium No market snapshot (as of July 15, 2026): the median sale price is about $132K ($125 per sq ft over the trailing 12 months of closed sales), and a median 64 days on market for closed sales. The trailing-12-month median is down 16% from the prior 12 months, computed from record-level Beaches MLS closed sales (24 closings in the current window).

Park Place Condominium No is a value-priced condo community in Pembroke Pines where patient buyers find affordable Broward County entry and sellers face a deliberate market that rewards sharp pricing and realistic timelines.

The $132,250 median sale price positions Park Place in the lower tier of Broward condo inventory—affordable by county standards, but requiring careful unit-level diligence. At $125 per square foot, you are paying for location and four walls; finishes, appliances, and building reserves matter more here than in higher-priced complexes. Expect variance: a renovated unit will command a premium over the median, a dated one will sit below it.

The 63.5-day median time on market is nearly double what we see in faster Broward neighborhoods, and the 15.8 percent year-over-year price decline confirms this is a buyer's market. Twenty-four closings in the trailing window means liquidity exists but is not robust; if you need to sell quickly, that timeline is a constraint. For buyers, it means less competition and room to negotiate on price, repairs, or closing costs.

We have no visibility into community amenities from current listings, so assume this is a no-frills complex. Do your own walk-through of common areas, review the association financials, and confirm reserve funding before you write an offer. In this price range, deferred maintenance and special assessments are real risks. A low purchase price can become expensive if the building has structural or mechanical issues the HOA has not funded.

In a slow-moving, value-tier condo market like Park Place, you need a broker who will pull HOA docs before you fall in love with a unit and who knows which comps actually closed versus which sat and expired. We price for the market that exists, not the one sellers wish for, and we will tell you when a building's financials are a red flag. If you are buying, we negotiate hard on price and concessions when days-on-market give us leverage. If you are selling, we position your unit against active competition and manage expectations from day one so you do not chase the market down. This is not a community where you list and hope—it is one where preparation and pricing discipline win.

Confirm the current HOA dues, exactly what they cover, and any CDD bond or special assessment for a specific address before you offer.