Royal Palm North in Miami Lakes

Royal Palm North
Homes for Sale in Miami Lakes, FL

Community in Miami Lakes · Miami-Dade County · ZIP 33016
Median sale $1.48M
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Live Market Pulse
53/100
Market Heat
Near its long-run normal
2015 → 2026 · 75 at the 2021 peak
0 is Royal Palm North's coldest market since 2015, 100 its hottest. Today: 53. How it's scored

Photo via MIAMI MLS

Built fromLive MIAMI MLS data14 years of closingsUpdated twice daily

As of September 2026, Royal Palm North 1ST Addn in Miami Lakes, FL has 1 home for sale. Over the 12 months ending 2026-09-12, 3 recorded sales closed at a median of $1,475,000, $447 per square foot, a median 72 days on market, sellers accepting 92% of original asking (+34% versus the prior year). At the median price and Miami-Dade County's FY2025-26 rate of 17.59 mills, annual property tax runs about $25,950 ($25,240 with the full homestead exemption).

Live · Royal Palm North Housing Pulse MIAMI MLS + public records Analysis by Momentum Realty · $3.5B+ sold · 10,000+ customers served · Top 1% in Florida (RealTrends)
Price
$1.48M
Median sold · 12 mo
up 34.1% vs the prior 12 months
+34.1%
1-yr price change
n = 3 and 3 sales in the two windows
$447/sf
Sold $/sqft · 12 mo
peak $447 in 2026
92.2%
Sale vs ask
Miami-Dade median: 94.0%
Tempo
72days
Median DOM · closed
5 days at the 2024 low
0%
Under contract
Miami-Dade: 18% (3,290 of 18,399)
1 · 0
For sale · pending
live counts, refreshed twice daily
3
Sold · last 12 mo
10-yr average: about 4 a year
Track record · 14 years of records
3,299sqft
Median sold home size
12-mo windows, closed sales
Jon Brooks, founder of Momentum Realty
Jon's Current Read

Royal Palm North Addn is pricing on a per-square-foot basis right now, with a median near $1,075,000 and a median price per square foot around $447. That combination points to a market where condition and layout are doing most of the work on value, not just square footage or lot size.

With only three closings in the current window, the median here should be read as a directional signal rather than a precise line. A median days-on-market above two months and a market heat score of 27 both suggest a slower, more negotiated pace right now, with pricing down from a year ago rather than climbing. Buyers get room to be deliberate; sellers need pricing and presentation to match the current tempo rather than the last cycle's.

Royal Palm North Housing Pulse · Momentum Research · as of September 12, 2026

Royal Palm North right now

🟢 Still climbing. The trailing-12-month median ($1.48M) is up 34.1% from the prior 12 months ($1.10M). With about 4 sales a year, a single closing can swing this number, so read the level and the decade, not one year's move.Momentum Research, record-level MIAMI MLS closed sales, 12-month windows ending September 12. Confidence: Low (3 and 3 sales in the two windows).

What's unique here: the median sale price is about 3x the typical Miami-Dade County sale ($1.48M vs $555K, trailing 12 months, MIAMI MLS records).

Jump to: Price history & scorecard · Homes for sale · Schools · FAQ

Updated September 12, 2026 · Live data: MIAMI MLS, refreshed twice daily · MLS facts carry their source; interpretation lines are Momentum Research · Data sources & freshness

The 60-Second Overview

Royal Palm North market snapshot (as of September 12, 2026): the median sale price is about $1.48M ($447 per sq ft over the trailing 12 months of closed sales), and a median 72 days on market for closed sales. The trailing-12-month median is up 34% from the prior 12 months, computed from record-level MIAMI MLS closed sales (3 closings in the current window).

This is a lower-volume corner of the Miami-Dade market where each closing carries more weight in the numbers, so the median price and per-square-foot figures should be treated as a current read rather than a fixed benchmark.

Best for

  • Buyers targeting a higher price-per-square-foot property and prioritizing condition and layout over raw size.
  • Buyers who can be patient through a longer closing timeline and are not working against a hard deadline.
  • Sellers who can price against real recent comparables rather than a broad market average.

Probably not for

  • Buyers needing a fast close or a large, active inventory pool to choose from.
  • Buyers expecting a lower per-square-foot entry point than the current median suggests.
  • Sellers hoping for a fast bidding-war style sale given the current slower pace and negative year-over-year trend.

Windows contain 1 to 9 sales each (3 in the current window); every figure carries its sample size, and thin markets swing on single closings. Based on information from the Southeast Florida Multiple Listing Service (SEFMLS) or from MIAMI Association of REALTORS(R) for the period 2012 through 2026. Deemed reliable but not guaranteed.

Median sale price · trailing 12 mo
$500K$1M$1.5M20122014201620182020202220242026
Up 34.1% year over year.
Every sale since 2012 · price vs size
$0$500K$1M$1.5M2k4k6k8k
52 closed sales; green = recent. Size sets the floor, condition and lot set the rest.
Sold $ per sq ft · trailing 12 mo
$200$300$40020122014201620182020202220242026
Up from $148 in 2012 to a $447 peak in 2026; $447 now.
Median days on market · closed sales
05010020122014201620182020202220242026
5 days at the 2024 low; 72 now.
Sale price vs original ask · median
90%100%20122014201620182020202220242026
92.2% now vs Miami-Dade 94.0%.
Homes sold per 12-mo window
025820122014201620182020202220242026
1 to 9 a year; 3 in the current window.
Market Heat · 0 coldest, 100 hottest in the record
20406080seller-leaningbuyer-leaning2020202220242026
75 at the 2021 peak, 23 in the troughs, 53 now. Same score as the hero card, full history.

The real cost & risk here

Before the list price, the Florida math the portals skip. These are Miami-Dade County typicals — your exact home, flood zone, and insurance quote will vary, so verify each before you offer.

$3,172/mo
Miami-Dade County typical true cost to own
$158/mo
Miami-Dade County typical home insurance
Check CDD
Confirm before you offer

County typicals from Momentum’s Florida housing data (Zillow & Realtor.com aggregates, Census, FRED), updated monthly; insurance modeled. Flood zone is property-specific — always confirm via FEMA.

ROYAL PALM NORTH 1ST ADDN Market Scorecard

Thin data

ROYAL PALM NORTH 1ST ADDN is currently a thin data market. Limited supply, a median asking price of $1,395,000, and homes go under contract in about 3 days.

n/a
Months supply
$1,395,000
Median list
n/a
Median sold
$473
Per sqft
3
Days on mkt
1/0/0
Active/Pend/Sold

Typical home value in the 33016 ZIP is $295,374, about 4.6% above the Florida norm (Zillow Home Value Index).

Go deeper: ZIP market scorecard · county scorecard · true cost calculator · affordability calculator.

Live data: realMLS, refreshed twice daily. Typical value: Zillow Research. Market metrics only; these describe homes for sale and recent sales, not residents.

Homes For Sale Right Now in Royal Palm North

Live MLS inventory for Royal Palm North. Every active listing, what is under contract right now, and the last 12 months of closed sales, refreshed twice a day. Closed comps beat an algorithm's guess every time.

Active and pending Royal Palm North listings as of 2026-09-12, priced high to low. Based on information from the Southeast Florida Multiple Listing Service (SEFMLS) or from MIAMI Association of REALTORS(R) for the period 2012 through 2026. Tap any home to ask about it.

If we were buying in Royal Palm North today, this is the order of operations we would run for our clients.

1

Underwrite the condition first. Price the roof, HVAC, and systems honestly before judging any list price; condition swings value here more than square footage alone.

2

Match the home to real comps. Recent sales of similar condition and lot, not the asking price, tell you what a home is worth.

3

Move deliberately, not desperately. Neither side has a decisive edge, so a well-prepared, fairly-priced offer wins without overpaying.

4

Line up financing and inspection early. A pre-approval and an inspection plan let you act fast and negotiate from evidence.

5

Keep an agent in your corner. The listing agent works for the seller; we represent you and prepare a hand-built valuation before any offer in Royal Palm North.

Best Buy
Buyers and sellers comfortable making decisions on a thin data set and willing to dig into individual comparables.
Biggest Risk
With just three recent closings, the median can shift quickly as new data lands, so treat it as directional.
Sweet Spot
Buyers who have already toured comparable inventory and can move once the right property surfaces, given the slower pace here.
Avoid If
Skip this if you need a fast, high-certainty close in a matter of weeks, since current days-on-market runs well past a month.

What the numbers actually say

A median of $1,075,000 against roughly $447 per square foot tells you this community sits in a higher price-per-square-foot tier, where finish level and floor plan efficiency likely separate the top and bottom of the range more than size alone. With only three closings feeding the current window, buyers and sellers should look at individual comparable sales in detail rather than leaning on the median as a firm ceiling or floor.

The median days-on-market figure, north of seventy days, combined with a year-over-year change of about -4.7% and a market heat score of 27, describes a market that is not moving quickly. That is not a red flag on its own, but it does mean pricing has to be disciplined from day one; overpricing in a slower-absorption market tends to compound rather than correct itself.

The location and the amenities are priced into every listing in Royal Palm North. The deal is won or lost on condition, the comps, and the renovation math.

Jon Brooks · Founder, Momentum Realty

Why work with Momentum here

In a market with this little transaction volume, the difference between a good outcome and a mediocre one usually comes down to how carefully the available comparables are read and how a listing is positioned against them. We treat the current data as a starting point for a conversation, not a final answer, and we walk buyers and sellers through what the recent closings actually mean for their specific property or offer.

Royal Palm North in 15 seconds.

Best forBuyers and sellers comfortable making decisions on a thin data set and willing to dig into individual comparables.
Biggest advantagePer-square-foot pricing here runs on the higher side, reflecting condition and finish as the main value drivers.
Biggest riskWith just three recent closings, the median can shift quickly as new data lands, so treat it as directional.
Sweet spotBuyers who have already toured comparable inventory and can move once the right property surfaces, given the slower pace here.
Avoid ifSkip this if you need a fast, high-certainty close in a matter of weeks, since current days-on-market runs well past a month.

HOA, CDD & Fees

In short
  • HOA status not on record. Verify any dues before you offer
  • Any club/amenity membership is billed separately

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

The takeaway

Selling here is won on condition and pricing to real comps, not an automated estimate. The right number comes from closed Royal Palm North sales matched to your home.

What is your Royal Palm North home worth?

Get a no-obligation home value based on real comparable sales in Royal Palm North, not an automated guess. Tell us about your home and we will personally prepare your numbers and a pricing strategy. No obligation, no spam.

See all homes for sale in Miami Lakes →

Real comps, not an automated estimate.

Recently off market in ROYAL PALM NORTH 1ST ADDN

Homes in ROYAL PALM NORTH 1ST ADDN that recently left the market. Each address opens its public-record profile: county-recorded value, property taxes, the last recorded sale, community sales history, and what is for sale nearby now. 1 on record.

Frequently Asked Questions

What is the median home price in Royal Palm North?
The median sale price in Royal Palm North was $1.48M over the 12 months ending September 12, 2026 (3 closed sales, MIAMI MLS).
How long do homes in Royal Palm North take to sell?
Homes that closed in the 12 months ending September 12, 2026 took a median 72 days on market (3 sales, MIAMI MLS).
Who is the best real estate agent for Royal Palm North?
The best agent for Royal Palm North is one who actively works Miami Lakes and knows the community's pricing, fees, and current inventory. Tell us what you're looking for in the form on this page and Momentum Realty will match you with a local specialist for Royal Palm North.
How do I find a top Miami Lakes real estate agent who knows Royal Palm North?
Share a few details in the form on this page. Momentum Realty has 320+ agents and more than $3.5B in closed sales, and we'll connect you with one who knows Royal Palm North and the wider Miami Lakes area.
Can Momentum Realty connect me with an agent for Royal Palm North?
Yes. Use the form on this page and we'll introduce you to a local specialist who can guide your Royal Palm North purchase or sale - no call center and no pressure.
Buyers targeting a higher price-per-square-foot property and prioritizing condition and layout over raw size.Excellent fit
Buyers who can be patient through a longer closing timeline and are not working against a hard deadline.Excellent fit
Sellers who can price against real recent comparables rather than a broad market average.Excellent fit
Buyers needing a fast close or a large, active inventory pool to choose from.Probably not
Buyers expecting a lower per-square-foot entry point than the current median suggests.Probably not
Sellers hoping for a fast bidding-war style sale given the current slower pace and negative year-over-year trend.Probably not

Nearby Communities

Explore more neighborhoods near Royal Palm North with Momentum Realty’s local guides.

GWGraham West0.3 mi awayMLMiami Lakes Lake Sandra0.4 mi awaySLSilvercrest Lake Estates0.4 mi awayRLRoyal Lake Estates0.4 mi awayRLRoyal Lakes 1St Addn0.5 mi awayRPRegatta Pointe Condo No E0.5 mi awayOPOak Place0.5 mi awaySSatori0.5 mi away

Browse all neighborhood guides →

Data sources & freshness

Live listingsMIAMI MLS, refreshed twice daily (last: September 12, 2026)
Community market statsMIAMI MLS closed sales, 12-month windows ending September 12, 2026
Under-contract sharesMIAMI MLS records, as of 2026-09-08
Historical depthClosed-sale records back to 2012 (52 transactions analyzed)

Verify the primary sources yourself: Florida DOR · U.S. Census · FEMA flood maps · Citizens Property Insurance.

Momentum Research figures are our own analysis of MIAMI MLS records; MLS data is deemed reliable but not guaranteed. Methodology: how Momentum market scores are computed. Market metrics describe homes for sale and recent sales, not residents.

Own a home here?

You just read the data. Now see what your home is worth.

The numbers on this page move markets in the aggregate. The number that matters to you is what a buyer pays for your address. Momentum sells for 1.25% above the MIAMI MLS member average and 8 days faster, and we’ll price yours against live local comps.

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CallFree valuation →
Thinking of selling in ROYAL PALM NORTH 1ST ADDN? 3 recorded closings; median 72 days on market (window ending 2026-09-12). See the Miami-Dade County sell-now-or-wait data, what made 201,552 Florida listings fail in the last 12 months, or compare a cash offer vs. listing. Compiled from MLS records; deemed reliable but not guaranteed.
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