Royal Palm Place
Condos for Sale in Miami, FL
True comps, carrying-cost math, and listings before the portals.
Market Heat
Photo via MIAMI MLS
As of September 2026, Royal Palm Place in Miami, FL has 10 homes for sale and 1 pending, asking from $259,900 to $315,000 (median $284,500). Over the 12 months ending 2026-09-12, 6 recorded sales closed at a median of $291,000, $271 per square foot, a median 44 days on market, sellers accepting 96% of original asking (-4% versus the prior year). 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 $5,120 ($4,410 with the full homestead exemption).
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 and pending Royal Palm Place listings as of 2026-09-12, 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 2017 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.
Royal Palm Place right now
🟡 Off the recent peak. The trailing-12-month median ($291K) is down 3.8% from the prior 12 months ($302K). With about 19 sales a year, a single closing can swing this number, so read the level and the decade, not one year's move.Momentum Research, record-level MIAMI MLS closed sales, 12-month windows ending September 12. Confidence: Medium (6 and 6 sales in the two windows).
What's unique here: the median sale price is about 48% below the typical Miami-Dade County sale ($291K vs $555K, trailing 12 months, MIAMI MLS records).
Jump to: Price history & scorecard · Homes for sale · Schools · FAQ
Updated September 12, 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 September 12, 2026): the median sale price is about $291K ($271 per sq ft over the trailing 12 months of closed sales), and a median 44 days on market for closed sales. The trailing-12-month median is down 4% from the prior 12 months, computed from record-level MIAMI MLS closed sales (6 closings in the current window).
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 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
Price History: What Homes Here Have Actually Sold For
Median sale price over the trailing 12 months ending September 12 of each year, from record-level MIAMI MLS closed sales. Same methodology as every appreciation figure on this page: the 2026 point ($291K) IS the median in the snapshot above, and the move from 2025 ($302K) IS the -3.8% one-year change.
Windows contain 1 to 45 sales each (6 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 2017 through 2026. Deemed reliable but not guaranteed.
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.
Check it for your address: look up your flood zone (FEMA) · insurance by county · true-cost calculator · Miami-Dade County scorecard.
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.
ROYAL PALM PLACE Market Scorecard
ROYAL PALM PLACE is currently a thin data market. Limited supply, a median asking price of $284,500, and homes go under contract in about 92 days.
Typical home value in the 33196 ZIP is $568,371, about 22.1% above the Florida norm (Zillow Home Value Index).
Go deeper: ZIP market scorecard · county scorecard · true cost calculator · affordability calculator.
Live data: realMLS, refreshed twice daily. Typical value: Zillow Research. Market metrics only; these describe homes for sale and recent sales, not residents.
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.
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 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.
HOA, CDD & Fees
- HOA status not on record. Verify any dues before you offer
- 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.
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.
See homes for sale in Royal Palm Place on the map →
Frequently Asked Questions
What is the median home price in Royal Palm Place?
How long do homes in Royal Palm Place take to sell?
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?
Should you buy in Royal Palm Place?
An honest fit check. We will tell you when it is not your community.
Nearby Communities
Explore more neighborhoods near Royal Palm Place with Momentum Realty’s local guides.
Data sources & freshness
| Live listings | MIAMI MLS, refreshed twice daily (last: September 12, 2026) |
| Community market stats | MIAMI MLS closed sales, 12-month windows ending September 12, 2026 |
| Under-contract shares | MIAMI MLS records, as of 2026-09-08 |
| Historical depth | Closed-sale records back to 2017 (190 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.
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 MLS member average and 8 days faster, and we’ll price yours against live local comps.
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See how ROYAL PALM PLACE fits the bigger picture — live prices, inventory, and Momentum Scores: