Royal Palms
Condos for Sale in Hialeah, FL
All 327 homes for sale in Hialeah, FL · median $269,900 · 245 condos for sale in Hialeah · 53 homes for sale in 33016 · Miami-Dade County homes for sale
True comps, carrying-cost math, and listings before the portals.
Photo via MIAMI MLS
Over the 12 months ending 2026-09-20, 5 recorded sales closed at a median of $225,000, $268 per square foot, a median 118 days on market, sellers accepting 90% of original asking. Homes listed or recently sold were built 1987–1987; 3 of 3 report an HOA (median $396/mo). At the median price and Miami-Dade County's FY2025-26 rate of 17.59 mills, annual property tax runs about $3,960 ($3,240 with the full homestead exemption).
| Location | Hialeah, Miami-Dade County, FL · ZIP 33016 |
|---|---|
| Sale prices, last 12 months | $225,000 median across 5 closed sales · $268 per sq ft |
| Days on market (closed sales) | 118 median |
| For sale right now | 0 active, 3 pending |
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 2014 through 2026. Market figures describe homes, not residents. Cite as: Momentum Realty, “ROYAL PALMS CONDO key facts,” movewithmomentum.com/neighborhoods/royal-palms-condo, data as of September 20, 2026.
Royal Palms Condo is pricing around a median of $225,000, with per-square-foot value near $263 — a number that tells you condition and unit size are doing most of the work here, not building amenities, since none are identified in current MLS listings.
With only four closings in the current window and a median time on market well over three months, this is a thin, patient trade. Pricing has held flat year over year, so sellers should not expect urgency to work in their favor, and buyers who are willing to wait out the process have real room to negotiate on condition and terms.
The 60-Second Overview
Royal Palms Condo market snapshot (as of September 20, 2026): the median sale price is about $225K ($268 per sq ft over the trailing 12 months of closed sales), and a median 118 days on market for closed sales.
In ZIP 33016 (Hialeah), 160 homes closed in the last 12 months at a median of $480K ($327/sq ft), up 1.1% year over year, with a median 40 days on market. Right now 31 active and 31 pending listings — a healthy market. See the live ZIP 33016 housing market and the Miami-Dade County market.
MIAMI REALTORS sales records identify 15 homes in ROYAL PALMS Condo that have changed hands since 2009, built between 1987 and 1987 (median 1987), with a median living area of about 830 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.
A small Miami-Dade condo market where price is set almost entirely by unit condition and square footage rather than shared amenities, with a slow, flat sales pace behind the current numbers.
The setting & the homes.
Aerial and on-site photos of Royal Palms Condo. Swipe to explore the community.
Swipe or use the arrows → tap any photo to enlarge
Royal Palms Condo
Royal Palms Condo
Royal Palms CondoPhotos from MIAMI MLS listings in Royal Palms Condo; content deemed reliable but not guaranteed.
Who Royal Palms Condo is best for.
Best for
- A buyer targeting a lower entry price point in Miami-Dade and comfortable evaluating unit condition closely.
- An investor comfortable with a slower absorption pace and willing to hold through a longer marketing period.
- A seller with a well-maintained, updated unit who can price realistically against the flat year-over-year trend.
Probably not for
- A buyer who wants on-site amenities as part of the purchase, since none are identified in current listings.
- A seller needing a fast sale, given the median time on market runs well over three months.
- Anyone assuming price appreciation is built in, since year-over-year pricing here is flat.
Price History: What Homes Here Have Actually Sold For
Median sale price over the trailing 12 months ending September 20 of each year, from record-level MIAMI MLS closed sales. Same methodology as every appreciation figure on this page: the 2026 point ($225K) IS the median in the snapshot above.
Windows contain 0 to 11 sales each (5 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 2014 through 2026. Deemed reliable but not guaranteed.
39% of homes for sale in ZIP 33016 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 (2026-09-21).
Royal Palms Condo Market Scorecard
Royal Palms Condo is currently a balanced market..
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.
Homes For Sale Right Now in Royal Palms Condo
Live MLS inventory for Royal Palms Condo. 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 Palms Condo 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 2014 through 2026. Tap any home to ask about it.
Every Home for Sale in Royal Palms Condo Right Now (3)
All 3 active and pending Royal Palms Condo listings with a detail page, newest first, refreshed twice a day from the MLS.
- 7420 W 20th Ave 335 · $249,999 · 2 bd / 2 ba · pending · listed Jul 26, 2026 · listed by Howard Chase Real Estate, LLC
- 7400 W 20th Ave 402 · $275,000 · 2 bd / 3 ba · pending · listed Jun 27, 2026 · listed by Coldwell Banker Realty
- 7420 W 20th Ave 451 · $180,000 · 1 bd / 1 ba · pending · listed Jun 27, 2026 · listed by Radius Realty Group LLC
The Royal Palms Condo buying strategy.
If we were buying in Royal Palms Condo today, this is the order of operations we would run for our clients.
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.
Match the home to real comps. Recent sales of similar condition and lot, not the asking price, tell you what a home is worth.
Move deliberately, not desperately. Neither side has a decisive edge, so a well-prepared, fairly-priced offer wins without overpaying.
Line up financing and inspection early. A pre-approval and an inspection plan let you act fast and negotiate from evidence.
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 Palms Condo.
A market defined by patience
The math here is straightforward: a median price of $225,000 against a median of roughly $263 per square foot puts this squarely in the value tier for the county, and with no clubhouse, pool, or other shared amenity identified from current listings, that price is a reflection of the units themselves — layout, upkeep, age of systems — rather than what the building offers.
The pace confirms it. A median of 127.5 days on market and only four closings in the current window is not a market moving with any real urgency. Year-over-year pricing is flat at 0.0%, and the market heat score sits low at 27, all pointing to the same conclusion: this is a place where a well-priced, well-presented unit still moves, but nothing here rewards guessing on price or rushing the process.
The location and the amenities are priced into every listing in Royal Palms Condo. The deal is won or lost on condition, the comps, and the renovation math.
Why work with Momentum here
In a market this thin, four closings do not give you much room for error on pricing — we pull the actual comparable sales, not averages, and price to what the unit itself will support given its condition and square footage, since that is what is driving value here, not amenities.
Royal Palms Condo in 15 seconds.
HOA, CDD & Fees
- HOA dues reported around $396/month (about $4,752/yr) · median of 9 MLS listings, most billed monthly
- Any club/amenity membership is billed separately
Listings in this community report association dues of about $396 per month ($4,752 a year) — the median AssociationFee across 9 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.
Tools for a Royal Palms Condo buy.
Free calculators to pressure-test the real cost before you tour.
Selling here is won on condition and pricing to real comps, not an automated estimate. The right number comes from closed Royal Palms Condo sales matched to your home.
Price it to the comps and condition, not an automated estimate.
If you are thinking about selling in Royal Palms Condo, the right list price comes from recent comparable sales matched to your home's condition and location, not an automated estimate.
What is your Royal Palms Condo home worth?
Get a no-obligation home value based on real comparable sales in Royal Palms Condo, 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 Hialeah →
Recently off market in ROYAL PALMS CONDO
Homes in ROYAL PALMS CONDO 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.
- 7400 W 20th Ave 312 · off market
Frequently Asked Questions
What is the median home price in Royal Palms Condo?
How long do homes in Royal Palms Condo take to sell?
Who is the best real estate agent for Royal Palms Condo?
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Can Momentum Realty connect me with an agent for Royal Palms Condo?
Where is Royal Palms, and what county is it in?
Should you buy in Royal Palms Condo?
An honest fit check. We will tell you when it is not your community.
Data sources & freshness
| Live listings | MIAMI MLS, refreshed twice daily (last: September 23, 2026) |
| Community market stats | MIAMI MLS closed sales, 12-month windows ending September 20, 2026 |
| Under-contract shares | MIAMI MLS records, as of 2026-09-20 |
| Historical depth | Closed-sale records back to 2014 (53 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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See how ROYAL PALMS CONDO fits the bigger picture — live prices, inventory, and Momentum Scores:
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