I have been selling homes in Poinciana Parc and Royal Palm for 8 years. I've watched as the home prices reached the low $500,000 range with the townhomes selling for up to $350,000. Recently, after the horrific fall in Broward County real estate prices, I saw the largest model home with a pool and upgrades sell in a Short Sale for $250,000 and a townhouse sell for $162,000. The good news for Poinciana Parc is that, although low, the well priced homes in the neighborhood are still selling, and most are selling in as little as 30 days. I am closing on a Poinciana Parc townhome this week. I received a full price offer the first day on the market.
Poinciana Parc and Royal Palm in Davie are both gated communites with easy access to highways and excellent schools. The homes are CBS construction with S-Tile roofs and spacious floor plans, many with pools. Poinciana Parc is guard gated and contains a mix of single family homes and townhomes. The smaller Royal Palm is card gated and consists of 68 single family homes.
I post all active listings in Royal Palm and Poinciana Parc on my website www.TerisRealestate.com