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Royal Palms

7420 W 20 Ave, Hialeah, FL, 33016
178
RESIDENCES
4
STORIES
1987
YEAR BUILT
$195K – $275K+
VALUE RANGE

Royal Palms is a 4-story condominium in Hialeah, completed in 1987, with 178 residences. Residences range from $195K to $275K.

Available Residences at Royal Palms

2 Bedroom Condos · 3 units

UnitAsking PriceBed(s)/Bath(s)Living SizePrice/Sq.Ft.Days on Market
402$275,0002 / 3 / 11,030$267127
335$269,9992 / 2830$3251
312$229,0002 / 2840$27363

1 Bedroom Condos · 1 unit

UnitAsking PriceBed(s)/Bath(s)Living SizePrice/Sq.Ft.Days on Market
451$195,0001 / 1570$34280

ANALYTICS

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

CURRENT INVENTORY

4
Active Listings
▲ 25% vs last month
Avg List Price
$242K
Avg Days on Market
68

INVENTORY BY BEDROOM

  • 1 Bed (1) 25%
  • 2 Bed (3) 75%
Building vs. Market
15% discount to Hialeah
Trades at a 15% discount to the Hialeah average ($282 vs $332/sqft) — potential relative value for buyers.

INVENTORY TREND (ALL UNITS)

630Aug '25Dec '25Apr '26
2
New Listings
last 3 months
$282
Avg Sale $/SqFt
last 36 months
12
Months of Supply
4
Sold
last 12 months

Market & Community Report

As of July 14, 2026, Royal Palms carries 4 active listings at an average asking price of $242K, with an average time on market of 68 days. Closed sales over the preceding 36 months averaged $282 per sq ft, and 4 transactions closed in the past 12 months — implying 12 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 July 14, 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 July 14, 2026, 4 residences are actively listed for sale at Royal Palms. Current asking prices range from $195K to $275K. Inventory updates daily from the MLS.

How much do condos at Royal Palms cost?

Condos at Royal Palms are currently asking from $195K to $275K. Over the past 36 months, closed sales have averaged $282 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 $282 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 7420 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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