Purple acid phosphatase (PAP) is an enzyme containing heterovalent iron and zinc ions at its active site that catalyzes the hydrolysis of phosphomonoesters. It is present in both plants and animals, playing roles in bone resorption and phosphate acquisition. Several small molecule models of the PAP active site have been synthesized containing dinuclear iron or mixed iron-zinc centers that accurately mimic the electronic structure and catalytic activity of the enzyme. Kinetic studies on these models provide insight into the reaction mechanism of PAP-catalyzed hydrolysis.