PALM LAKES in

PALM LAKES
Homes for Sale in , FL

Miami-Dade County · ZIP 33014
Median sale $692K
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Built fromLive miami data14 years of closingsUpdated twice daily
Live · PALM LAKES Housing Pulse miami + public records Analysis by Momentum Realty · $3.5B+ sold · 8,500+ transactions · Top 1% in Florida (RealTrends)
Price
$692K
Median sold · 12 mo
$372/sf
Sold $/sqft · 12 mo
peak $372 in 2026
96.8%
Sale vs ask
+296%
T12M median vs 2012
from a $175K median in 2012
Tempo
21days
Median DOM · closed
9 days at the 2021 low
4
Sold · last 12 mo
10-yr average: about 4 a year
Ownership and context
25%
Cash buyers · PALM LAKES
1 of 4 sales, 12 mo ending July 2026
Track record · 14 years of records
1,888sqft
Median sold home size
12-mo windows, closed sales
Jon Brooks, founder of Momentum Realty
Jon's Current Read

Palm Lakes is pricing on condition and square footage, not on shared amenities — the MLS record shows none identified, so whatever a buyer is paying for here is the structure itself, the lot, and the location within Miami-Dade County. At a median of $692,500 and roughly $372 per square foot, this is a market where the finish level and layout of the individual home carry the value story.

With only four closings in the current window, treat the median as directional, not a precise ceiling or floor — a single high-end renovation or a single dated property can swing the number. A median 21-day time on market says well-priced, presentable homes are moving without much friction, which favors a seller who prices to current condition and a buyer who is ready to move decisively once the right listing appears.

The 60-Second Overview

PALM LAKES market snapshot (as of July 20, 2026): the median sale price is about $692K ($372 per sq ft over the trailing 12 months of closed sales), and a median 21 days on market for closed sales.

Palm Lakes is a Miami-Dade County community where value is driven by the individual home rather than by shared community features — no amenities are noted in current MLS listings, so pricing reflects size, condition, and location alone.

Best for

  • A buyer prioritizing home condition and layout over community amenities.
  • A buyer prepared to act quickly given the median 21-day time on market.
  • A buyer comfortable evaluating value on a thin, closing-by-closing sales record.

Probably not for

  • A buyer who wants amenity-driven pricing or a clear community fee structure.
  • A buyer who needs a large, stable comp set before making a pricing decision.
  • A buyer expecting a strict entry-level or upper-range price band rather than a single median reference.

Windows contain 0 to 10 sales each (4 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
$200K$400K$600K20122014201620182020202220242026
Every sale since 2012 · price vs size
$0$200K$400K$600K1k2k3k
56 closed sales; green = recent. Size sets the floor, condition and lot set the rest.
Sold $ per sq ft · trailing 12 mo
$100$200$300$40020122014201620182020202220242026
Up from $116 in 2012 to a $372 peak in 2026; $372 now.
Median days on market · closed sales
05010020122014201620182020202220242026
9 days at the 2021 low; 21 now.
Sale price vs original ask · median
95%100%20122014201620182020202220242026
96.8% now.
Homes sold per 12-mo window
051020122014201620182020202220242026
0 to 10 a year; 4 in the current window.

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.

$3,099/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.

How much local inventory is already under contract

21% of homes for sale in ZIP 33014 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 (2026-08-14).

PALM LAKES Market Scorecard

Balanced

PALM LAKES is currently a balanced market., and homes go under contract in about 32 days.

$692,500
Median sold
$494
List $/sqft
32
Days on mkt
2/0/0
Active/Pend/Sold

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

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

Homes For Sale Right Now in PALM LAKES

Live MLS inventory for PALM LAKES. 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 PALM LAKES listings as of 2026-07-20, 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 PALM LAKES 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 PALM LAKES.

Best Buy
A buyer who wants a Miami-Dade property valued on its own merits rather than on community amenities.
Biggest Risk
A four-sale window means the published median can shift meaningfully with the next closing or two.
Sweet Spot
A well-maintained, move-in-ready home priced near the $692,500 median and the $372/sqft mark.
Avoid If
You're counting on clubhouse, pool, or other shared amenities as part of the value proposition.

What's Actually Driving Price in Palm Lakes

The reported 296% change since 2012 points to substantial long-term price movement in this market, though with only four closings feeding the current snapshot, that trajectory should be read as a long-run trend rather than a guarantee of a specific short-term outcome for any one property.

A 21-day median days-on-market is quick by most measures, and it tells a buyer that hesitation on a well-priced, well-presented home can mean losing it. For a seller, it means a property that's realistically priced against $372 per square foot and shows well should draw activity without a long sit.

The location and the amenities are priced into every listing in PALM LAKES. 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 this thin on closings, the median price and per-square-foot figures only tell part of the story — we pull the actual comparable sales, not just the headline number, so you're pricing or offering against real precedent rather than a small-sample average.

PALM LAKES in 15 seconds.

Best forA buyer who wants a Miami-Dade property valued on its own merits rather than on community amenities.
Biggest advantageA 21-day median time on market signals homes that are priced right tend to move fast.
Biggest riskA four-sale window means the published median can shift meaningfully with the next closing or two.
Sweet spotA well-maintained, move-in-ready home priced near the $692,500 median and the $372/sqft mark.
Avoid ifYou're counting on clubhouse, pool, or other shared amenities as part of the value proposition.

HOA, CDD & Fees

In short
  • Mandatory HOA — confirm current dues
  • 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 PALM LAKES sales matched to your home.

What is your PALM LAKES home worth?

Get a no-obligation home value based on real comparable sales in PALM LAKES, 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 homes for sale in PALM LAKES on the map →

Real comps, not an automated estimate.

Frequently Asked Questions

What is the median home price in PALM LAKES?
The median sale price in PALM LAKES was $692K over the 12 months ending July 20, 2026 (4 closed sales, miami).
How long do homes in PALM LAKES take to sell?
Homes that closed in the 12 months ending July 20, 2026 took a median 21 days on market (4 sales, miami).
Do cash buyers compete in PALM LAKES?
Cash buyers took 25% of PALM LAKES sales in the 12 months ending July 2026 (1 of 4 closings, miami).
Have PALM LAKES home prices gone up?
The trailing-12-month median is up 296% since 2012, from $175K to $692K (miami closed records).
Who is the best real estate agent for PALM LAKES?
The best agent for PALM LAKES is one who actively works 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 PALM LAKES.
How do I find a top real estate agent who knows PALM LAKES?
Share a few details in the form on this page. Momentum Realty has 280+ agents and more than $3.5B in closed sales, and we'll connect you with one who knows PALM LAKES and the wider area.
Can Momentum Realty connect me with an agent for PALM LAKES?
Yes. Use the form on this page and we'll introduce you to a local specialist who can guide your PALM LAKES purchase or sale - no call center and no pressure.
A buyer prioritizing home condition and layout over community amenities.Excellent fit
A buyer prepared to act quickly given the median 21-day time on market.Excellent fit
A buyer comfortable evaluating value on a thin, closing-by-closing sales record.Excellent fit
A buyer who wants amenity-driven pricing or a clear community fee structure.Probably not
A buyer who needs a large, stable comp set before making a pricing decision.Probably not
A buyer expecting a strict entry-level or upper-range price band rather than a single median reference.Probably not

Nearby Communities

Explore more neighborhoods near PALM LAKES with Momentum Realty’s local guides.

APAltavista Park, FL · 0.2 miPSPalm Springs Lakes 2Nd Ad, FL · 0.2 miSTSevilla Terraces Condo Ph, FL · 0.2 miPSPalm Springs Lakes 5Th Ad, FL · 0.4 miPSPalm Springs Lakes 6Th Ad, FL · 0.5 miLLLake Laurence North, FL · 0.5 miBEBradley Estates Miami Dade, FL · 0.5 miLOLake Orleans, FL · 0.6 mi

Browse all Florida neighborhood guides →

Data sources & freshness

Community market statsmiami closed sales, 12-month windows ending July 20, 2026
Under-contract sharesmiami records, as of 2026-07-18
Historical depthClosed-sale records back to 2012 (56 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 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 member average and 8 days faster, and we’ll price yours against live your area comps.

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CallFree valuation →
Thinking of selling in PALM LAKES? 4 recorded closings; median 21 days on market (window ending 2026-07-20). 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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