Royal Palms
Condos for Sale in Hialeah, FL
True comps, carrying-cost math, and listings before the portals.
Photo via MIAMI MLS
Over the 12 months ending 2026-09-12, 5 recorded sales closed at a median of $225,000, $268 per square foot, a median 118 days on market, sellers accepting 90% of original asking. Homes listed or recently sold were built 1987–1987; 3 of 3 report an HOA (median $396/mo). At the median price and Miami-Dade County's FY2025-26 rate of 17.59 mills, annual property tax runs about $3,960 ($3,240 with the full homestead exemption).
Royal Palms Condo is pricing around a median of $225,000, with per-square-foot value near $263 — a number that tells you condition and unit size are doing most of the work here, not building amenities, since none are identified in current MLS listings.
With only four closings in the current window and a median time on market well over three months, this is a thin, patient trade. Pricing has held flat year over year, so sellers should not expect urgency to work in their favor, and buyers who are willing to wait out the process have real room to negotiate on condition and terms.
The 60-Second Overview
Royal Palms Condo market snapshot (as of September 12, 2026): the median sale price is about $225K ($268 per sq ft over the trailing 12 months of closed sales), and a median 118 days on market for closed sales.
A small Miami-Dade condo market where price is set almost entirely by unit condition and square footage rather than shared amenities, with a slow, flat sales pace behind the current numbers.
The setting & the homes.
Aerial and on-site photos of Royal Palms Condo. Swipe to explore the community.
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Royal Palms Condo
Royal Palms Condo
Royal Palms CondoPhotos from MIAMI MLS listings in Royal Palms Condo; content deemed reliable but not guaranteed.
Who Royal Palms Condo is best for.
Best for
- A buyer targeting a lower entry price point in Miami-Dade and comfortable evaluating unit condition closely.
- An investor comfortable with a slower absorption pace and willing to hold through a longer marketing period.
- A seller with a well-maintained, updated unit who can price realistically against the flat year-over-year trend.
Probably not for
- A buyer who wants on-site amenities as part of the purchase, since none are identified in current listings.
- A seller needing a fast sale, given the median time on market runs well over three months.
- Anyone assuming price appreciation is built in, since year-over-year pricing here is flat.
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 ($225K) IS the median in the snapshot above.
Windows contain 0 to 10 sales each (5 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 2014 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.
35% of homes for sale in ZIP 33016 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 (2026-09-12).
ROYAL PALMS CONDO Market Scorecard
ROYAL PALMS CONDO is currently a thin data market. Limited supply, a median asking price of n/a.
Typical home value in the 33016 ZIP is $295,374, about 4.6% above the Florida norm (Zillow Home Value Index).
Go deeper: ZIP market 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.
Homes For Sale Right Now in Royal Palms Condo
Live MLS inventory for Royal Palms Condo. 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 Palms Condo 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 2014 through 2026. Tap any home to ask about it.
The Royal Palms Condo buying strategy.
If we were buying in Royal Palms Condo 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 Palms Condo.
A market defined by patience
The math here is straightforward: a median price of $225,000 against a median of roughly $263 per square foot puts this squarely in the value tier for the county, and with no clubhouse, pool, or other shared amenity identified from current listings, that price is a reflection of the units themselves — layout, upkeep, age of systems — rather than what the building offers.
The pace confirms it. A median of 127.5 days on market and only four closings in the current window is not a market moving with any real urgency. Year-over-year pricing is flat at 0.0%, and the market heat score sits low at 27, all pointing to the same conclusion: this is a place where a well-priced, well-presented unit still moves, but nothing here rewards guessing on price or rushing the process.
The location and the amenities are priced into every listing in Royal Palms Condo. The deal is won or lost on condition, the comps, and the renovation math.
Why work with Momentum here
In a market this thin, four closings do not give you much room for error on pricing — we pull the actual comparable sales, not averages, and price to what the unit itself will support given its condition and square footage, since that is what is driving value here, not amenities.
Royal Palms Condo 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 Palms Condo 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 Palms Condo sales matched to your home.
Price it to the comps and condition, not an automated estimate.
If you are thinking about selling in Royal Palms Condo, 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 Palms Condo home worth?
Get a no-obligation home value based on real comparable sales in Royal Palms Condo, 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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Frequently Asked Questions
What is the median home price in Royal Palms Condo?
How long do homes in Royal Palms Condo take to sell?
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How do I find a top Hialeah real estate agent who knows Royal Palms Condo?
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Should you buy in Royal Palms Condo?
An honest fit check. We will tell you when it is not your community.
Nearby Communities
Explore more neighborhoods near Royal Palms Condo 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 2014 (53 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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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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