Palm Miami Heights
Homes for Sale in South Miami, FL
True comps, carrying-cost math, and listings before the portals.
Photo via MIAMI MLS
As of November 2026, Palm Miami Heights in FL has 1 home for sale. Palm Miami Heights is a community in Miami-Dade County, FL.
Palm Miami Heights is trading on very few transactions, and that thin volume is doing a lot of work on the numbers. A median price of $5,100,000 and a per-square-foot figure north of $1,089 reflect what the handful of closed properties actually were, not a broad market consensus on value here.
The 201-day median days-on-market tells the real story: this is a slow-moving, negotiation-heavy segment where pricing discipline and patience matter more than urgency. A 164.9% year-over-year swing this large, on this few closings, should be read as a signal of volatility in the comp set, not a trend line to bank on.
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
With only four closings in the current window, Palm Miami Heights functions less like a liquid market and more like a series of individual, high-value transactions, each one capable of swinging the median substantially.
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 Palm Miami Heights is best for.
Best for
- A buyer targeting a specific high-value property rather than shopping a broad price band
- A seller prepared for a longer marketing period, given the 201-day median days-on-market
- A buyer or seller comfortable pricing off individual property fundamentals rather than a stable neighborhood median
Probably not for
- A buyer expecting a fast, competitive-offer timeline
- A seller relying on a large, stable comp set to justify pricing
- A buyer who wants a community with an established package of shared amenities
The market around Palm Miami Heights
Palm Miami Heights is too small for its own price trend, so here is the market around it.
Across Miami-Dade County, 14,507 homes are active and 2,241 pending (13% under contract).
ZIP and county figures describe the wider market, not Palm Miami Heights specifically. Momentum Research analysis of MLS records.
Homes For Sale Right Now in Palm Miami Heights
Live MLS inventory for Palm Miami Heights. 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 Miami Heights listings as of 2026-11-10, priced high to low. Based on information from the Southeast Florida Multiple Listing Service (SEFMLS) or from MIAMI Association of REALTORS(R). Tap any home to ask about it.
The Palm Miami Heights buying strategy.
If we were buying in Palm Miami Heights 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 Palm Miami Heights.
Reading a market built on few data points
When a community closes only a handful of homes in a given window, every sale carries outsized statistical weight. The $5,100,000 median and $1,089.96 per-square-foot figure here are accurate representations of what did sell, but they are not a reliable predictor of what the next transaction will look like. Condition, lot, finish level, and specific property characteristics will move the needle far more than any broad market narrative.
The 201-day median days-on-market is the more instructive number for anyone pricing a sale or timing a purchase. It suggests sellers here should expect a longer runway to close and buyers should expect room to negotiate rather than compete. No community amenities are identified from current MLS listings, which means the value proposition in Palm Miami Heights is tied to the individual homes and their sites rather than a shared amenity package.
The location and the amenities are priced into every listing in Palm Miami Heights. The deal is won or lost on condition, the comps, and the renovation math.
Why work with Momentum here
A market with this few closings and this much price dispersion is not one where you want a generic comp report. We track the actual transaction history property by property, so pricing a listing or structuring an offer in Palm Miami Heights is based on what closed and why, not on a median that can shift dramatically with the next sale.
Palm Miami Heights in 15 seconds.
Tools for a Palm Miami Heights 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 Palm Miami Heights sales matched to your home.
Price it to the comps and condition, not an automated estimate.
If you are thinking about selling in Palm Miami Heights, the right list price comes from recent comparable sales matched to your home's condition and location, not an automated estimate.
What is your Palm Miami Heights home worth?
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Data sources & freshness
| Live listings | MIAMI MLS, refreshed twice daily (last: November 10, 2026) |
| Under-contract shares | MIAMI MLS records, as of 2026-11-10 |
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.
Recent Developments in Palm Miami Heights
Development, infrastructure, retail, and school activity affecting Palm Miami Heights, tracked by our team and summarized from public reporting and official sources, with links to the original coverage. Last updated November 2026.
- October 2026Parks & Amenities
Coral Gables extends Art Cinema lease and moves toward Aragon Avenue expansion
The commission extended the cinema operators' lease by five years, to September 2035, and directed staff to pursue West Construction at about $1.24M for the expansion. The project converts a storefront at 240 Aragon Ave. into a 92-seat theater with a lobby and cafe. The city had earlier provided $450,000.
What it may mean for the marketThe expansion adds a cultural and cafe destination to the Miracle Mile and Aragon Avenue area downtown. The project is about 10 miles north of Palm Miami Heights, elsewhere in Miami-Dade County.
Source: Miami Today - October 2026Development
Homestead lands aerospace tenants building on spaceport designation
AST SpaceMobile has expanded satellite manufacturing into Homestead, and Global Engine Stands signed a 10-year lease for 35,000 SF at the Park of Commerce. The park has about 500,000 SF of available industrial space and nearly 500,000 SF more recently approved. The mayor said other prospects have discussed bringing several hundred jobs.
What it may mean for the marketAerospace and aviation tenants add industrial employment options in South Dade and put more of the Park of Commerce's space into use. The project is about 11 miles southwest of Palm Miami Heights, elsewhere in Miami-Dade County.
Source: Miami Today - October 2026Schools
Nonprofit buys Lapis student housing near FIU in Sweetwater for $168.5M
The Affordable Housing Preservation Corp. bought the 21-story, 293-unit Lapis at 795 SW 110th Ave., financed with bonds issued through the Public Finance Authority. Once the bonds are repaid, FIU can take ownership at no cost, and net cash flow is planned to fund free housing scholarships for eligible students. The deal includes a payment in lieu of taxes agreement with Sweetwater.
What it may mean for the marketThe building adds a university-linked housing option with about 1,086 beds near the FIU campus, easing demand on nearby rental housing. The project is about 11 miles north of Palm Miami Heights, elsewhere in Miami-Dade County.
Source: Bisnow - October 2026Retail & Dining
Shops at Sunset Place nears demolition for mixed-use redevelopment
The plan calls for 1,513 residences in seven towers of 12 to 33 stories, a 287-room hotel, a 1,300-seat theater, 202,462 square feet of retail and 65,892 square feet of office. Demolition is now targeted for early 2027 and a first phase around 2029. Plans estimate about $149 million in infrastructure improvements.
What it may mean for the marketReplaces a largely vacant mall with housing, hotel and street-level retail near Dadeland and the South Dade Metrorail line. The project is about 7 miles north of Palm Miami Heights, elsewhere in Miami-Dade County.
Source: Miami Today - September 2026Development
University of Miami agreement with Coral Gables would add a hospital of up to 100 beds
A development agreement would allow construction of a hospital with up to 100 beds on the university's Coral Gables campus, offering inpatient, outpatient and emergency care. The agreement would also reshape the campus, which includes the Gables Village residential complex of 1,458 beds slated for mid-2029. Cost, size and timeline for the hospital were not stated.
What it may mean for the marketA campus hospital would add inpatient and emergency care capacity and healthcare employment in the Coral Gables area. The site is about 8 miles north of Palm Miami Heights.
Source: Miami Today - September 2026Civic
Miami-Dade commissioners adopt $14.26 billion budget with flat tax rate
County commissioners approved the fiscal year 2026-27 budget after a meeting that ran from Thursday afternoon into Friday morning. The operating property tax rate stays flat at 4.57 mills. The county says the plan prioritizes public safety, parks and transportation amid slowing revenue growth.
What it may mean for the marketA flat operating millage keeps the county's property tax rate steady for owners across Miami-Dade for the coming fiscal year. The site is about 14 miles northeast of Palm Miami Heights.
Source: Local 10 News
Summaries reflect public reporting and official sources linked above as of the dates shown. Project details, timelines, and approvals can change. Commentary on potential market effects is general observation, not investment advice or a prediction for any specific property. For the freshest items across the whole region, see This Week in Northeast Florida.
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