Franjo Park
Homes for Sale in Palmetto Bay, FL
All 15 homes for sale in Palmetto Bay, FL · median $315,000 · 70 homes for sale in 33157 · Miami-Dade County homes for sale
True comps, carrying-cost math, and listings before the portals.
Photo via MIAMI MLS
As of November 2026, Franjo Park in Palmetto Bay, FL has 2 homes for sale. As of November 2026, the MLS records 1 closed sale in Franjo Park in Palmetto Bay, FL, the most recent in October 2026. Across Palmetto Bay as a whole, 25 homes closed in the last 12 months at a median of $1,250,000, 68 median days on market, with 9 homes for sale today. At that median and Miami-Dade County's FY2025-26 rate of 17.59 mills, annual property tax runs about $21,990 ($21,280 with the full homestead exemption).
Last 30 days in Franjo Park: 1 new listing (median asking $879,000). As of November 13, 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.
Franjo Park is a thin market right now. With only a handful of closings feeding the current snapshot, the median price of $550,000 and price per square foot of $529.86 should be read as a directional signal, not a precise valuation tool — small sample sizes move quickly with a single sale.
The headline number to sit with is the 175-day median time on market alongside a 12% year-over-year pull-back in price. That combination points to a buyer's negotiating environment: sellers are not moving quickly, and pricing has softened from where it stood a year ago. Anyone listing here should price to the current data, not last year's.
Figures in this note are as of July 22, 2026. The live market numbers elsewhere on this page update nightly and are newer.
The 60-Second Overview
Franjo Park is a low-volume corner of the Miami-Dade market where pricing this cycle has come down from year-ago levels and homes are sitting on market well beyond a typical quick-close pace.
MIAMI REALTORS sales records identify 43 homes in FRANJO PARK that have changed hands since 2006, built between 1956 and 1971 (median 1958), with a median living area of about 1,508 sq ft and a typical 3-bedroom, 2-bath layout; 100% are single-family homes. Source: MIAMI REALTORS closed-sale history compiled by Momentum Research; counts reflect homes with a recorded MLS sale, not every home in the community.
Pre-construction details are compiled from public records, builder announcements and builder listings, and are subject to change without notice; figures are deemed reliable but not guaranteed. Momentum Research figures are our own analysis. This page describes homes, pricing and community attributes, not residents.
Who Franjo Park is best for.
Best for
- A buyer with negotiating patience who can work with a seller motivated by extended time on market.
- A buyer comfortable making a decision on a thin comparable set with guidance from a broker tracking each closing.
- A buyer targeting the mid-$500s price point with flexibility on condition and timeline.
Probably not for
- A buyer who wants a deep bench of recent comparable sales before committing.
- A buyer expecting a fast-moving, multiple-offer environment.
- A buyer relying on year-over-year price stability rather than a recent decline as the baseline.
The market around Franjo Park
Franjo Park is too small for its own price trend, so here is the market around it.
In ZIP 33157, 237 homes are on the market and 17% are under contract — a slower corner of Palmetto Bay.
Across Miami-Dade County, 14,507 homes are active and 2,241 pending (13% under contract).
In ZIP 33157 (Palmetto Bay), 121 homes closed in the last 12 months at a median of $656K ($386/sq ft), with a median 47 days on market. Right now 114 active and 31 pending listings put supply at about 11.3 months — a buyer's market. See the live ZIP 33157 housing market and the Miami-Dade County market.
ZIP and county figures describe the wider market, not Franjo Park specifically. Momentum Research analysis of MLS records.
Homes For Sale Right Now in Franjo Park
Live MLS inventory for Franjo Park. 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 Franjo Park listings as of 2026-11-13, 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 2026 through 2026. Tap any home to ask about it.
Every Home for Sale in Franjo Park Right Now (2)
All 2 active and pending Franjo Park listings with a detail page, newest first, refreshed twice a day from the MLS.
- 18211 SW 95th Ct · $879,000 · 4 bd / 2 ba · listed Sep 11, 2026 · listed by Douglas Elliman
- 9601 SW 183rd St · $970,000 · 4 bd / 3 ba · listed Aug 19, 2026 · listed by RE/MAX Advance Realty II
The Franjo Park buying strategy.
If we were buying in Franjo Park 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 Franjo Park.
A market defined by patience, not urgency
Two data points anchor the current read on Franjo Park: a median 175 days on market and a 12% year-over-year decline in price. Together they describe a community where listings are not moving on a fast clock and where sellers who priced aggressively a year ago have had to adjust. For a buyer, that is leverage — there is room to negotiate on price and terms when a home has already sat for months.
The per-square-foot figure of $529.86 gives a sense of where value sits on a condition-adjusted basis, but with only three closings feeding this window, it is a snapshot rather than a trend line. Treat any single comparable with caution and lean on a broker who is tracking each new closing as it lands, not last quarter's average.
The location and the amenities are priced into every listing in Franjo Park. The deal is won or lost on condition, the comps, and the renovation math.
Why work with Momentum here
In a market this thin, the difference between a good deal and an overpay comes down to who is watching the data in real time. We track every closing in Franjo Park as it happens rather than relying on stale quarterly averages, and we negotiate with the 175-day market reality — not the seller's asking-price hope — as the baseline.
Franjo Park in 15 seconds.
Tools for a Franjo Park 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 Franjo Park sales matched to your home.
Price it to the comps and condition, not an automated estimate.
If you are thinking about selling in Franjo Park, the right list price comes from recent comparable sales matched to your home's condition and location, not an automated estimate.
What is your Franjo Park home worth?
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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: November 13, 2026) |
| Under-contract shares | MIAMI MLS records, as of 2026-11-10 |
| Historical depth | Closed-sale records back to 2026 (1 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.
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