Royal Palm Place
Condos for Sale in Miami, FL
All 5,161 homes for sale in Miami, FL · median $524,900 · 4,633 condos for sale in Miami · 155 homes for sale in 33196 · Miami-Dade County homes for sale
True comps, carrying-cost math, and listings before the portals.
Photo via MIAMI MLS
As of November 2026, Royal Palm Place in Miami, FL has 10 homes for sale and 1 pending, asking from $265,000 to $315,000 (median $299,000). Over the 12 months ending 2026-11-10, 4 recorded sales closed at a median of $279,500, $279 per square foot, a median 23 days on market, sellers accepting 96% of original asking. Homes listed or recently sold were built 1990–1990; 11 of 11 report an HOA (median $402/mo). At the median price and Miami-Dade County's FY2025-26 rate of 17.59 mills, annual property tax runs about $4,920 ($4,200 with the full homestead exemption).
Last 30 days in Royal Palm Place: 4 new listings (median asking $304,500), 1 under contract right now. As of November 12, 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.
Homes For Sale Right Now in Royal Palm Place
Live MLS inventory for Royal Palm Place. 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 · 1 daysTop listing
Active · 48 days
Active · 2 days
Active · 117 days
Active · 2 days
Active · 2 days
Active · 113 days
Active · 210 daysActive and pending Royal Palm Place listings as of 2026-11-12, 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.
Royal Palm Place is pricing around $287,000, with per-square-foot value near $267 — a number that reflects a market where condition and unit specifics do more work than location alone in setting what a buyer will pay. With year-over-year pricing down 2.7%, this is not a market rewarding a wait-and-see approach on the seller side, nor one where buyers should expect to compete hard for inventory.
A median 64 days on market and a market heat score of 20 both point to a slower-moving, buyer-attentive environment. Sellers here need pricing precision from day one — overreaching on list price in a market already trending softer just adds days on market. Buyers get room to negotiate and time to evaluate rather than rush.
Figures in this note are as of July 21, 2026. The live market numbers elsewhere on this page update nightly and are newer.
Royal Palm Place right now
🟢 Buyer-leaning market. 30.0 months of supply and 9% of the inventory already under contract give buyers above-average negotiating leverage.Why it matters: months of supply is how long today's inventory would last at today's sales pace; under-contract share is the portion of homes for sale that already have a buyer.Momentum Research analysis of MIAMI MLS records, as of November 10, 2026. Confidence: High (11 active and pending listings, 4 closed sales in 12 months).
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· Updated November 13, 2026 · Live data: MIAMI MLS, refreshed twice daily · MLS facts carry their source; interpretation lines are Momentum Research · Data sources & freshness
The 60-Second Overview
Royal Palm Place market snapshot (as of November 10, 2026): the median sale price is about $280K ($279 per sq ft over the trailing 12 months of closed sales), a median 24 days on market for closed sales, and 30.0 months of supply, a buyer-leaning market.
In ZIP 33196 (Miami), 71 homes closed in the last 12 months at a median of $604K ($345/sq ft), with a median 46 days on market. Right now 63 active and 14 pending listings put supply at about 10.6 months — a buyer's market. See the live ZIP 33196 housing market and the Miami-Dade County market.
MIAMI REALTORS sales records identify 19 homes in ROYAL PALM PLACE that have changed hands since 2010, built between 1990 and 1990 (median 1990), with a median living area of about 1,075 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.
Royal Palm Place is trading at a median of $287,000 with per-square-foot pricing near $267, in a market currently running cooler than a typical fast-turn cycle, giving buyers negotiating room and requiring sellers to price with discipline.
The setting & the homes.
Aerial and on-site photos of Royal Palm Place. Swipe to explore the community.
Swipe or use the arrows → tap any photo to enlarge
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Royal Palm PlaceRoyal Palm PlaceRoyal Palm PlaceRoyal Palm PlaceRoyal Palm PlacePhotos from MIAMI MLS listings in Royal Palm Place; content deemed reliable but not guaranteed.
Who Royal Palm Place is best for.
Best for
- Buyers who want negotiating leverage and are not in a rush to close
- Buyers focused on unit-level value and condition rather than building amenities
- Sellers who can price precisely at or near the $287,000 median and are prepared for a longer marketing period
Probably not for
- Sellers expecting a quick sale in under a month
- Buyers seeking on-site community amenities as part of the purchase decision
- Sellers unwilling to adjust pricing in response to a softening year-over-year trend
The Royal Palm Place buying strategy.
If we were buying in Royal Palm Place 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.
Use your leverage. With inventory sitting, there is room to negotiate on anything dated or overpriced and to ask for repairs or a rate buydown.
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 Palm Place.
What the numbers are actually saying
A median of 64 days on market is the clearest signal in this snapshot — homes here are not moving quickly, and that changes the calculus for both sides of a transaction. Sellers should expect a longer runway to contract and should lean on accurate, defensible pricing rather than testing the market with an aspirational number. Buyers, in turn, have more latitude to negotiate on price and terms than they would in a market with compressed timelines.
The year-over-year figure, down 2.7%, combined with a market heat score of 20, describes a market that has cooled rather than one in active decline — modest softening, not a collapse. No community amenities are currently identified from active MLS listings, so value here is being driven by the unit itself: condition, layout, and per-square-foot economics, not shared amenities or building extras. That makes due diligence on the individual property more important than usual.
The location and the amenities are priced into every listing in Royal Palm Place. The deal is won or lost on condition, the comps, and the renovation math.
Why work with Momentum here
In a market with a 64-day median and a heat score of 20, pricing strategy and patience matter more than speed. We price Royal Palm Place listings against real closed comparables, not list-price wishful thinking, and we prepare buyers for a negotiation-friendly environment rather than a bidding-war one.
Royal Palm Place in 15 seconds.
Tools for a Royal Palm Place 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 Palm Place sales matched to your home.
Price it to the comps and condition, not an automated estimate.
If you are thinking about selling in Royal Palm Place, 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 Palm Place home worth?
Get a no-obligation home value based on real comparable sales in Royal Palm Place, not an automated guess. Tell us about your home and we will personally prepare your numbers and a pricing strategy. No obligation, no spam.
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Recently off market in ROYAL PALM PLACE
Homes in ROYAL PALM PLACE 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. 4 on record.
- 10420 SW 158th Ct 105 · off market
- 10610 SW 158th Ct 107 · off market
- 15770 SW 106th Ter 303 · off market
- 15780 SW 106th Ter 104 · off market
| Location | Miami, Miami-Dade County, FL · ZIP 33196 |
|---|---|
| Home types (current listings and sales) | condos 100% |
| Sale prices, last 12 months | $279,500 median across 4 closed sales · $279 per sq ft |
| Days on market (closed sales) | 23 median |
| For sale right now | 10 active, 1 pending · median asking $299,000 · 30.0 months of supply |
Data as of November 10, 2026. Based on information from the Southeast Florida Multiple Listing Service (SEFMLS) or from MIAMI Association of REALTORS(R) for the period 2026 through 2026. Market figures describe homes, not residents. Cite as: Momentum Realty, “Royal Palm Place key facts,” movewithmomentum.com/neighborhoods/royal-palm-place, data as of November 10, 2026.
Just listed in Royal Palm Place
The newest homes for sale in Royal Palm Place right now, newest first. Each link opens the full listing with every photo, the price history and a tour request.
- 10610 SW 158Th Ct 206 $315,000 · 2 bd · 2 ba · 1,075 sq ft · listed Nov 12, 2026 Courtesy of Charleemax Realtors
- 10451 SW 157Th Pl 303 $310,000 · 2 bd · 2 ba · 1,084 sq ft · listed Nov 11, 2026 Courtesy of Top Seller Realty Group, LLC.
- 15770 SW 106Th Ter 305 $299,000 · 2 bd · 2 ba · 1,075 sq ft · listed Nov 11, 2026 Courtesy of Floridian Realty Corp.
- 10650 SW 157Th Ct 306 $280,000 · 2 bd · 1 ba · 891 sq ft · listed Nov 11, 2026 Courtesy of Realty World Executive Homes
- 10521 SW 157Th Pl 306 $315,000 · 2 bd · 2 ba · 1,084 sq ft · listed Sep 26, 2026 Courtesy of A.M.A. Realty Group Inc.
- 15780 SW 106Th Ter 306 $279,000 · 2 bd · 1 ba · 891 sq ft · listed Jul 23, 2026 Courtesy of Florida Realty of Miami Corp
Checked against the MLS nightly. All new listings in this market.
Every Home for Sale in Royal Palm Place Right Now (9)
All 9 active and pending Royal Palm Place listings with a detail page, newest first, refreshed twice a day from the MLS.
- 10451 SW 157th Pl 303 · $310,000 · 2 bd / 2 ba · listed Oct 13, 2026 · listed by Top Seller Realty Group, LLC.
- 15770 SW 106th Ter 305 · $299,000 · 2 bd / 2 ba · listed Oct 6, 2026 · listed by Floridian Realty Corp.
- 10521 SW 157th Pl 306 · $315,000 · 2 bd / 2 ba · listed Sep 24, 2026 · listed by A.M.A. Realty Group Inc.
- 10610 SW 158th Ct 206 · $315,000 · 2 bd / 2 ba · listed Sep 10, 2026 · listed by Charleemax Realtors
- 10650 SW 157th Ct 306 · $280,000 · 2 bd / 1 ba · listed Sep 8, 2026 · listed by Realty World Executive Homes
- 10610 SW 158th Ct 303 · $299,000 · 2 bd / 2 ba · listed Aug 14, 2026 · listed by Florida Realty of Miami Corp
- 15780 SW 106th Ter 306 · $279,000 · 2 bd / 1 ba · listed Aug 14, 2026 · listed by Florida Realty of Miami Corp
- 10630 SW 157th Ct 202 · $278,000 · 2 bd / 1 ba · listed Aug 14, 2026 · listed by United Realty Group Inc
- 15770 SW 106th Ter 106 · $285,000 · 2 bd / 2 ba · pending · listed Aug 14, 2026 · listed by Luxe Properties
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9% of homes for sale in Royal Palm Place 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 (2026-11-13).
What it really costs to own in Royal Palm Place
The parts of the monthly number a mortgage calculator leaves out, from the tax roll, the MLS, Citizens and FEMA. Property facts only.
| Property tax | Current owners' bills run a median of $3,633/yr across 11 listings here (MLS tax records, 2026-11-13). |
|---|---|
| HOA dues | Median $307/month across 12 MLS listings (most billed monthly; 2026-11-13). Dues cover what the documents say they cover; ask for the budget and reserve study. |
| Home and flood insurance | The average Citizens Property Insurance premium in Miami-Dade County is $1,891/yr (56,357 policies, Citizens detail by county, April 2026); private-market quotes depend on roof age, wind mitigation and construction. |
| Roof and age | Median build year 1990 across 11 listings. An original roof here would be about 36 years old; under Florida's 2022 reform (SB 2-D) carriers may require an inspection past 15 years, so budget for a roof report, and for replacement where it fails. |
Estimated carrying cost at the median asking price, before the mortgage: about $767/month (tax $303, HOA $307, insurance $158). An estimate from the sources above, not a quote.
Email me new listings in Royal Palm Place
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Ask an agent about Royal Palm Place Condos for Sale
Have a question about the homes, fees, rules or commute here? A Momentum agent who works Royal Palm Place Condos for Sale will answer, and the answer is published on this page for the next buyer.
Frequently Asked Questions
What is the median home price in Royal Palm Place?
How long do homes in Royal Palm Place take to sell?
Is Royal Palm Place a buyer's or seller's market right now?
Who is the best real estate agent for Royal Palm Place?
How do I find a top Miami real estate agent who knows Royal Palm Place?
Can Momentum Realty connect me with an agent for Royal Palm Place?
Where is Royal Palm Place, and what county is it in?
Should you buy in Royal Palm Place?
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 12, 2026) |
| Community market stats | MIAMI MLS closed sales, 12-month windows ending November 10, 2026 |
| Under-contract shares | MIAMI MLS records, as of 2026-11-10 |
| Historical depth | Closed-sale records back to 2026 (4 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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See how ROYAL PALM PLACE fits the bigger picture — live prices, inventory, and Momentum Scores: