Momentum Housing Data · Home Values · Miami-Dade County
Buying here? See Palm Cay homes for sale and the Palm Cay community guide (Florida City).
Palm Cay (Florida City, FL): 54 recorded closings in the 12 months ending 2026-09-20, a 4-year price record, and sales split by price band and home size — every number from recorded MLS closings, none from an estimate model.
In the current window, sellers accepted a median 96.2% of original asking; the median sale took 29 days; new construction was 100.0% of recorded sales — builder pricing competes with resales here (window ending 2026-09-20).
| Year | Median sold | Median $/sqft | Median DOM | Sold ÷ original ask | Sales |
|---|---|---|---|---|---|
| 2026 | $378,750 | $269 | 29 | 96.2% | 54 |
| 2025 | $400,632 | $287 | 48 | 94.5% | 61 |
| 2024 | $438,500 | $307 | 28 | 99.5% | 47 |
| 2023 | $419,990 | — | 12 | 100.0% | 9 |
Over the recorded series, Palm Cay’s median sold price moved from $419,990 (2023) to $378,750 (12 months ending 2026-09-20) — -10% over that span, with every year’s figure from recorded closings, not a model.
Of the 126 recorded Palm Cay closings since 2024, half landed between $382,992 and $414,000 (the middle two quartiles); the lowest recorded sale was $332,500 and the highest $470,000. If your home sits outside the middle band, the reason usually shows up in the size table below before it shows up in condition.
| Sold price band | Share of closings | Sales |
|---|---|---|
| Under $375,000 | 19 (15%) | |
| $375,000 – $400,000 | 53 (42%) | |
| $400,000 – $425,000 | 27 (21%) | |
| $425,000 – $450,000 | 24 (19%) | |
| None and up | 3 (2%) |
The same recorded closings, split into thirds by living area. Find the row your home falls in: the $/sqft figure times your square footage is the recorded-sales bracket for homes like yours here — a starting range from real closings, not a valuation of your specific property. Smaller homes here have been selling at a higher price per square foot than larger ones ($289 vs $273) — the usual pattern, since lot, kitchen and baths do not scale with floor area.
| Size group | Median $/sqft | Median sold | Sold range | Sales |
|---|---|---|---|---|
| Smaller homes 1,380–1,382 sq ft | $289 | $399,000 | $335,000 – $415,000 | 42 |
| Mid-size homes 1,382–1,448 sq ft | $280 | $404,816 | $332,500 – $445,000 | 42 |
| Larger homes 1,448–1,582 sq ft | $273 | $404,250 | $370,000 – $470,000 | 42 |
From the live MLS feed as of 2026-09-23: 12 active listings (plus 13 pending) asking from $392,000 to $464,990, median $429,500; 3 of 12 have been on the market over 60 days (median 25 days so far); the homes listed or recently sold were built between 2025 and 2026 (median 2026), 25 of them new construction; 25 of 25 listed or recently sold homes report an HOA, median $158/mo. For a seller this is the competition a buyer will tour alongside your home; for a buyer, the stale share is where negotiating room usually is. See the current Palm Cay listings →
At Palm Cay’s $378,750 median and Miami-Dade County’s adopted 17.59 mills (FY2025-26), a home assessed at that price carries roughly $6,660 a year in property tax before exemptions, or about $5,950 with the full Florida homestead exemption — a buyer’s first-year figure; a long-time owner’s Save Our Homes cap can be far lower, which is one reason resale taxes jump at closing. Municipal and special-district millage varies inside the county; see the Miami-Dade County tax page.
Current asking prices run a median $430,000 against the $378,750 recorded sold median (+14%) — the gap between what sellers hope and what the record shows. Demand check: 56% of Palm Cay’s listings are under contract, against 26% for ZIP 33034 and 18% for Miami-Dade County as a whole — the community is absorbing faster than its surroundings.
With asking prices running +14% over the recorded sold median, a Palm Cay listing priced against the closed record above stands out against its competition; one priced against the asking crowd joins the statewide list of homes that never sold.
We don’t publish algorithm guesses for specific homes — they can’t see condition, upgrades, or your lot. A local agent will prepare a records-based valuation from the same closed-sale data on this page, adjusted for your home. Free, no obligation.
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Communities buyers shopping Palm Cay are also weighing (nearest by map distance), each on its own recorded 12-month closings. A median well above the neighbors is a ceiling to price against; well below is where the value argument lives.
| Community | Median sold | Median $/sqft | Median DOM | Sales |
|---|---|---|---|---|
| WASHINGTON PARK | $445,000 | $420 | 34 | 6 |
| SUNNYLAND PARK NO 2 | $307,500 | $348 | 63 | 4 |
| ROOSEVELT HOMESITES | $425,000 | $291 | 64 | 4 |
| FVP SUBDIVISION | $316,035 | $234 | 28 | 6 |
More Palm Cay: full community guide & homes for sale · choosing an agent here · should you sell now (statewide data) · what selling costs · cash offer vs. listing
Based on information from the Southeast Florida Multiple Listing Service (SEFMLS) or from MIAMI Association of REALTORS(R) for the period 2023 through 2026. Compiled from recorded MLS closings; deemed reliable but not guaranteed. Figures are medians for the stated windows and change as new sales record; individual homes vary widely. No automated valuation for any specific property appears on this page. Equal Housing Opportunity. © 2026 Move With Momentum LLC — brokerage licensed in FL and GA. Disclosures
Content on this page is compiled from public records, MLS data, and automated data sources, and may contain errors or be out of date. It is provided for general information only and is not a representation about any specific property, community, builder, or association. Verify all information independently before relying on it.