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Live Market Pulse
27/100
Market Heat
Cooler than normal
2019 → 2026 · 86 at the 2022 peak
0 is Royal Palm Place's coldest market since 2019, 100 its hottest. Today: 27. How it's scored

Photo via MIAMI MLS

Built fromLive MIAMI MLS data9 years of closingsUpdated twice daily

As of September 2026, Royal Palm Place in Miami, FL has 11 homes for sale and 1 pending, asking from $259,900 to $317,000 (median $285,000). Over the 12 months ending 2026-09-20, 6 recorded sales closed at a median of $291,000, $271 per square foot, a median 44 days on market, sellers accepting 96% of original asking (-4% versus the prior year). Homes listed or recently sold were built 1990–1990; 12 of 12 report an HOA (median $307/mo). At the median price and Miami-Dade County's FY2025-26 rate of 17.59 mills, annual property tax runs about $5,120 ($4,410 with the full homestead exemption).

ROYAL PALM PLACE key facts
LocationMiami, Miami-Dade County, FL · ZIP 33196
Home types (current listings and sales)condos 100%
Sale prices, last 12 months$291,000 median across 6 closed sales · $271 per sq ft · -3.8% vs the prior 12 months
Days on market (closed sales)44 median
For sale right now10 active, 1 pending · median asking $284,500

Data as of September 20, 2026. Based on information from the Southeast Florida Multiple Listing Service (SEFMLS) or from MIAMI Association of REALTORS(R) for the period 2017 through 2026. Market figures describe homes, not residents. Cite as: Momentum Realty, “ROYAL PALM PLACE key facts,” movewithmomentum.com/neighborhoods/royal-palm-place, data as of September 20, 2026.

Last 30 days in Royal Palm Place: 4 new listings (median asking $297,500), 1 under contract right now. As of September 23, 2026, Listing information provided by the Southeast Florida MLS (SEFMLS) / MIAMI Association of REALTORS(R). Information is deemed reliable but not guaranteed by the MLS to be accurate.

Live · Royal Palm Place Housing Pulse MIAMI MLS + public records Analysis by Momentum Realty · $3.5B+ sold · 10,000+ customers served · Top 1% in Florida (RealTrends)
Price
$291K ▼
Median sold · 12 mo
down 3.8% vs the prior 12 months
-3.8% ▼
1-yr price change
n = 6 and 6 sales in the two windows
$271/sf
Sold $/sqft · 12 mo
peak $310 in 2024
96.3%
Sale vs ask
Tempo
44days
Median DOM · closed
15 days at the 2023 low
9%
Under contract
Miami-Dade: 18% (3,367 of 18,681)
10 · 1
For sale · pending
live counts, refreshed twice daily
6
Sold · last 12 mo
10-yr average: about 19 a year
Track record · 9 years of records
1,075sqft
Median sold home size
12-mo windows, closed sales

Homes For Sale Right Now in Royal Palm Place

Live MLS inventory for Royal Palm Place. 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 Place listings as of 2026-09-23, 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 2017 through 2026. Tap any home to ask about it.

Every Home for Sale in Royal Palm Place Right Now (10)

All 10 active and pending Royal Palm Place listings with a detail page, newest first, refreshed twice a day from the MLS.

  • 10521 SW 157th Pl 306 · $317,000 · 2 bd / 2 ba · listed Sep 24, 2026 · listed by A.M.A. Realty Group Inc.
  • 15780 SW 106th Ter 104 · $259,900 · 2 bd / 1 ba · listed Sep 11, 2026 · listed by The Keyes Company
  • 10610 SW 158th Ct 206 · $315,000 · 2 bd / 2 ba · listed Sep 10, 2026 · listed by Charleemax Realtors
  • 10650 SW 157th Ct 306 · $280,000 · 2 bd / 1 ba · listed Sep 8, 2026 · listed by Realty World Executive Homes
  • 15770 SW 106th Ter 106 · $285,000 · 2 bd / 2 ba · listed Jul 13, 2026 · listed by Luxe Properties
  • 15770 SW 106th Ter 303 · $305,000 · 2 bd / 2 ba · listed Jul 1, 2026 · listed by Canvas Real Estate
  • 10610 SW 158th Ct 303 · $299,000 · 2 bd / 2 ba · listed Jul 1, 2026 · listed by Florida Realty of Miami Corp
  • 10630 SW 157th Ct 202 · $284,000 · 2 bd / 1 ba · listed Jul 1, 2026 · listed by United Realty Group Inc
  • 15780 SW 106th Ter 306 · $279,000 · 2 bd / 1 ba · listed Jul 1, 2026 · listed by Florida Realty of Miami Corp
  • 10420 SW 158th Ct 105 · $272,500 · 2 bd / 2 ba · pending · listed Jul 1, 2026 · listed by Interinvestments Realty, Inc.
Jon Brooks, founder of Momentum Realty
Jon's Current Read

Royal Palm Place is pricing around $287,000, with per-square-foot value near $267 — a number that reflects a market where condition and unit specifics do more work than location alone in setting what a buyer will pay. With year-over-year pricing down 2.7%, this is not a market rewarding a wait-and-see approach on the seller side, nor one where buyers should expect to compete hard for inventory.

A median 64 days on market and a market heat score of 20 both point to a slower-moving, buyer-attentive environment. Sellers here need pricing precision from day one — overreaching on list price in a market already trending softer just adds days on market. Buyers get room to negotiate and time to evaluate rather than rush.

Royal Palm Place Housing Pulse · Momentum Research · as of September 20, 2026

Royal Palm Place right now

🟡 Off the recent peak. The trailing-12-month median ($291K) is down 3.8% from the prior 12 months ($302K). With about 19 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 20. Confidence: Medium (6 and 6 sales in the two windows).

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

· Updated September 30, 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 Place market snapshot (as of September 20, 2026): the median sale price is about $291K ($271 per sq ft over the trailing 12 months of closed sales), and a median 44 days on market for closed sales. The trailing-12-month median is down 4% from the prior 12 months, computed from record-level MIAMI MLS closed sales (6 closings in the current window).

In ZIP 33196 (Miami), 355 homes closed in the last 12 months at a median of $588K ($329/sq ft), up 0.7% year over year, with a median 53 days on market. Right now 145 active and 42 pending listings — a balanced market. See the live ZIP 33196 housing market and the Miami-Dade County market.

MIAMI REALTORS sales records identify 19 homes in ROYAL PALM PLACE that have changed hands since 2010, built between 1990 and 1990 (median 1990), with a median living area of about 1,075 sq ft and a typical 2-bedroom, 2-bath layout; 100% are condominiums. Source: MIAMI REALTORS closed-sale history compiled by Momentum Research; counts reflect homes with a recorded MLS sale, not every home in the community.

Royal Palm Place is trading at a median of $287,000 with per-square-foot pricing near $267, in a market currently running cooler than a typical fast-turn cycle, giving buyers negotiating room and requiring sellers to price with discipline.

Best for

  • Buyers who want negotiating leverage and are not in a rush to close
  • Buyers focused on unit-level value and condition rather than building amenities
  • Sellers who can price precisely at or near the $287,000 median and are prepared for a longer marketing period

Probably not for

  • Sellers expecting a quick sale in under a month
  • Buyers seeking on-site community amenities as part of the purchase decision
  • Sellers unwilling to adjust pricing in response to a softening year-over-year trend

Windows contain 1 to 44 sales each (6 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 2017 through 2026. Deemed reliable but not guaranteed.

Median sale price · trailing 12 mo
$150K$200K$250K$300K20182020202220242026
Down 3.8% year over year.
Every sale since 2017 · price vs size
$0$100K$200K$300K1k1k1k
190 closed sales; green = recent. Size sets the floor, condition and lot set the rest.
Sold $ per sq ft · trailing 12 mo
$150$200$250$30020182020202220242026
Up from $155 in 2017 to a $310 peak in 2024; $271 now.
Median days on market · closed sales
20406020182020202220242026
15 days at the 2023 low; 44 now.
Sale price vs original ask · median
94%96%98%100%20182020202220242026
96.3% now.
Homes sold per 12-mo window
0204020182020202220242026
1 to 44 a year; 6 in the current window.
Market Heat · 0 coldest, 100 hottest in the record
20406080seller-leaningbuyer-leaning2020202220242026
86 at the 2022 peak, 27 in the troughs, 27 now. Same score as the hero card, full history.
How much local inventory is already under contract

8% of homes for sale in Royal Palm Place are already under contract (under contract ÷ under contract + active listings) — a read on how much of the available inventory buyers have already claimed. Source: MLS data (2026-09-25).

Royal Palm Place Market Scorecard

Balanced

Royal Palm Place is currently a balanced market., a median asking price of $284,500, and homes go under contract in about 92 days.

$284,500
Median list
$291,000
Median sold
$292
List $/sqft
92
Days on mkt
11/1/0
Active/Pend/Sold

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

Live data: MIAMI MLS, refreshed twice daily. Market metrics only; these describe homes for sale and recent sales, not residents.

If we were buying in Royal Palm Place 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 Place.

Best Buy
Buyers and sellers comfortable with a slower-paced, negotiation-oriented transaction rather than a fast close.
Biggest Risk
A median 64 days on market means sellers who overprice risk sitting well past that mark.
Sweet Spot
Priced right around the $287,000 median with per-square-foot economics that hold up to comparison.
Avoid If
You need a fast turnaround sale or expect competitive multiple-offer conditions.

What the numbers are actually saying

A median of 64 days on market is the clearest signal in this snapshot — homes here are not moving quickly, and that changes the calculus for both sides of a transaction. Sellers should expect a longer runway to contract and should lean on accurate, defensible pricing rather than testing the market with an aspirational number. Buyers, in turn, have more latitude to negotiate on price and terms than they would in a market with compressed timelines.

The year-over-year figure, down 2.7%, combined with a market heat score of 20, describes a market that has cooled rather than one in active decline — modest softening, not a collapse. No community amenities are currently identified from active MLS listings, so value here is being driven by the unit itself: condition, layout, and per-square-foot economics, not shared amenities or building extras. That makes due diligence on the individual property more important than usual.

“

The location and the amenities are priced into every listing in Royal Palm Place. 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 a 64-day median and a heat score of 20, pricing strategy and patience matter more than speed. We price Royal Palm Place listings against real closed comparables, not list-price wishful thinking, and we prepare buyers for a negotiation-friendly environment rather than a bidding-war one.

Royal Palm Place in 15 seconds.

Best forBuyers and sellers comfortable with a slower-paced, negotiation-oriented transaction rather than a fast close.
Biggest advantageBuyers currently have room to negotiate on price given the longer days-on-market and softer year-over-year trend.
Biggest riskA median 64 days on market means sellers who overprice risk sitting well past that mark.
Sweet spotPriced right around the $287,000 median with per-square-foot economics that hold up to comparison.
Avoid ifYou need a fast turnaround sale or expect competitive multiple-offer conditions.

HOA, CDD & Fees

A note on who we are: Momentum Realty is a real estate brokerage. We are not the Royal Palm Place Condos for Sale in Miami, FL homeowners association, its management company or its developer, and we cannot help with dues, gate access, violations, amenity bookings or association documents. To reach the association, check your closing package, the recorded declaration at the county clerk, or search the association’s name at sunbiz.org for its registered agent. Call or message us to buy or sell a home in Royal Palm Place Condos for Sale in Miami, FL.
In short
  • HOA dues reported around $402/month (about $4,824/yr) · median of 34 MLS listings, most billed monthly
  • Any club/amenity membership is billed separately

Listings in this community report association dues of about $402 per month ($4,824 a year) — the median AssociationFee across 34 MLS records, normalised to a monthly figure; most are billed monthly. Dues change with budgets and can differ by section or product type; confirm the current figure with the association before you offer. Source: MLS listing records, 2026-09.

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 Place sales matched to your home.

What is your Royal Palm Place home worth?

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

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Real comps, not an automated estimate.

Recently off market in ROYAL PALM PLACE

Homes in ROYAL PALM PLACE 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 Place?
The median sale price in Royal Palm Place was $291K over the 12 months ending September 20, 2026 (6 closed sales, MIAMI MLS).
How long do homes in Royal Palm Place take to sell?
Homes that closed in the 12 months ending September 20, 2026 took a median 44 days on market (6 sales, MIAMI MLS).
Who is the best real estate agent for Royal Palm Place?
The best agent for Royal Palm Place is one who actively works Miami 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 Place.
How do I find a top Miami real estate agent who knows Royal Palm Place?
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 Place and the wider Miami area.
Can Momentum Realty connect me with an agent for Royal Palm Place?
Yes. Use the form on this page and we'll introduce you to a local specialist who can guide your Royal Palm Place purchase or sale - no call center and no pressure.
Where is Royal Palm Place, and what county is it in?
Royal Palm Place is in Miami, Miami-Dade County, FL, ZIP 33196.
Buyers who want negotiating leverage and are not in a rush to closeExcellent fit
Buyers focused on unit-level value and condition rather than building amenitiesExcellent fit
Sellers who can price precisely at or near the $287,000 median and are prepared for a longer marketing periodExcellent fit
Sellers expecting a quick sale in under a monthProbably not
Buyers seeking on-site community amenities as part of the purchase decisionProbably not
Sellers unwilling to adjust pricing in response to a softening year-over-year trendProbably not

Data sources & freshness

Live listingsMIAMI MLS, refreshed twice daily (last: September 23, 2026)
Community market statsMIAMI MLS closed sales, 12-month windows ending September 20, 2026
Under-contract sharesMIAMI MLS records, as of 2026-09-20
Historical depthClosed-sale records back to 2017 (190 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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Browse all neighborhood guides →

Thinking of selling in ROYAL PALM PLACE? 6 recorded closings; median 44 days on market (window ending 2026-09-20). 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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