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Royal Palms

7400 W 20 Ave, Hialeah, FL, 33016
Market data compiled by Andres Jara, Licensed Real Estate Broker · Douglas Elliman · Data updated November 12, 2026
178
RESIDENCES
4
STORIES
1987
YEAR BUILT
$250K – $250K+
VALUE RANGE

Royal Palms is a 4-story condominium in Hialeah, completed in 1987, with 178 residences. Residences range from $250K to $250K.

Available Residences at Royal Palms

2 Bedroom Condos · 1 unit

UnitAsking PriceBed(s)/Bath(s)Living SizePrice/Sq.Ft.Days on Market
210$250,0002 / 2840$2980

1 Bedroom Condos · 1 unit

UnitAsking PriceBed(s)/Bath(s)Living SizePrice/Sq.Ft.Days on Market
451$180,0001 / 1570$316169

ANALYTICS

All analytics are based on closed sales from the last 36 months.

CURRENT INVENTORY

1
Active Listings
▲ 100% vs last month
Avg List Price
$250K
Avg Days on Market
—

INVENTORY BY BEDROOM

  • 2 Bed (1) 100%
Building vs. Market
17% discount to Hialeah
Trades at a 17% discount to the Hialeah average ($277 vs $333/sqft) — potential relative value for buyers.

INVENTORY TREND (ALL UNITS)

630Dec '25Apr '26Aug '26
1
New Listings
last 3 months
$277
Avg Sale $/SqFt
last 36 months
2.4
Months of Supply
5
Sold
last 12 months

Market & Community Report

As of November 12, 2026, Royal Palms carries 1 active listing at an average asking price of $250K, with an average time on market of — days. Closed sales over the preceding 36 months averaged $277 per sq ft, and 5 transactions closed in the past 12 months — implying 2.4 months of supply against the current pace of absorption.

Zip code 33016 (Hialeah) is home to 45,285 residents with a median age of 44. Per-capita income stands at $29,864; 28.4% hold a bachelor's degree or higher. 49.7% of units are owner-occupied; 10.1% of residents work from home.

Data current as of November 12, 2026. Market metrics derived from MLS closed sales; community data from U.S. Census ACS.

Frequently Asked Questions — Royal Palms

How many condos are for sale at Royal Palms?

As of November 12, 2026, 1 residence is actively listed for sale at Royal Palms. Current asking prices range from $250K to $250K. Inventory updates daily from the MLS.

How much do condos at Royal Palms cost?

Condos at Royal Palms are currently asking from $250K to $250K. Over the past 36 months, closed sales have averaged $277 per square foot. Final pricing varies by floor, line, square footage, finishes, and view.

What is the average price per square foot at Royal Palms?

Based on MLS closed sales over the preceding 36 months, the average sale price at Royal Palms is $277 per square foot. Use this as a benchmark when comparing active listings in the building.

Where is Royal Palms located?

Royal Palms is located at 7400 W 20 Ave, Hialeah, FL, 33016.

How many units are in Royal Palms?

Royal Palms has 178 residences across 4 stories.

What year was Royal Palms built?

Royal Palms was completed in 1987.

What amenities does Royal Palms offer?

Royal Palms amenities include Elevator(s), Pool, Laundry, Maintained Community.

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