CENTURY 21 Edge
$265,000$285,0002 bd1 ba891 sqft$297 /sqft$2,530 /mo all-in ↓

, MIAMI, FL, 33196

Active178 days on marketListed Jan 22, 2026MLS #A11950759

Priced 13% below the MIAMI 33196 medianReduced $20KCondominiumROYAL PALM PLACE

About this home

Very Nice 2/1 unit in Kendall (Royal Palm Place) great location, close to shopping's, restaurants, ready to move in, very clean, vaulted ceiling, New flooring, freshly painted, washer and dryer inside the unit, great common areas, water/sewer included. Pool + Tennis Court. Unit is tenant occupied. READ BROKER REMARKS FOR SHOWINGS!!

Facts & features

The home at a glance

2

Bedrooms

1

Bathrooms

891

Sqft

1990

Year built

$297

Per sqft

Garden View view

Inside

FlooringOther
AppliancesDishwasher · Microwave · Other Equipment/Appliances
InteriorThird Floor Entry · Other
CoolingCentral Air
HeatingCentral

Outside & construction

ConstructionConcrete Block Construction
ViewGarden View
Parking1 Space · Additional Spaces Available · Guest · Limited # Of Vehicle
ExteriorOther

Community & fees

HOA fee$404/mo
Taxes (2025)$3,467/yr
PetsRestrictions Or Possible Restrictions

Utilities & systems

The numbers

What it really costs

Built from this home's actual numbers — the most recent property-tax bill on record and the real association fee — not generic estimates.

$2,530 /mo · 3.5% down FHA, 30-yr fixed at 6%

Principal & interest$1,560
FHA mortgage insurance (est.)$117
Property tax — 2025 actual bill$289
Condo fee — from the listing$404
Insurance (FL estimate)$160

The assumptions

Loan typeFHADown payment3.5% · $9,275Loan30-yr fixed at 6%Mortgage insuranceIncludedTaxesActual bill on recordInsuranceFlorida estimate

FHA is the default here because it gets you in the door with just 3.5% down. Switch to Conventional or VA below.

These numbers assume a generic buyer — your credit, down payment and loan program change them. Get the real quote in minutes:

Andrew Acosta

Andrew Acosta

Acosta Home Loans with PRMG · NMLS #1468866

Run your own numbers

Loan type
Down payment3.5% · $9,275
Interest rate6.00%
Loan term

Estimated payment

$2,530/mo

Principal & interest$1,560
FHA mortgage insurance (est.)$117
Property taxes (actual bill)$289
HOA / condo fee$404
Est. insurance$160

Includes FHA mortgage insurance and the financed 1.75% upfront premium. Taxes reflect the most recent bill on record; insurance is a typical-Florida estimate. Your lender’s numbers will differ. CENTURY 21 Edge partners with Florida’s best lenders.

Value check

Is the price right?

The internet’s favorite home-value number comes from a single automated model that has never seen the street, the finishes, or the view — which is why it routinely misses by tens of thousands of dollars. The edgeAI estimate combines multiple independent data sources with our team’s on-the-ground expertise in this exact market.

List $265K
$236KedgeAI estimate $260,733 · range $246K$278K$289K

vs edgeAI estimate

+1.6%

$/sqft vs ROYAL PALM PLACE

$297 vs $278

Days on market

178 vs 26 typical

Where $297/sqft sits among the 7 homes for sale in ROYAL PALM PLACE

2
1
2
1
0 · this home
1
$256–266$266–275$275–285$285–294$294–304$304+

The edgeAI estimate is a starting point, not an appraisal or a broker price opinion. It is generated from public records, listing data and market modeling, and is subject to change once a licensed real estate professional personally inspects the property. Condition, floor, view and lot are not fully captured by any model — ask us for a full comparative market analysis.

Where it sits

Inside Miami

Map of

Get to know Miami. See the full Miami guide →

MIAMI 33196 — neighborhood snapshot

Population

53,846

Median age

40

Median income

$93,370

Median home value

$457,300

Avg household

3.1

Households w/ children

6,752

For the school run

Dade County School District

MiddleHammocks Middle School★★★★★
HighFelix Varela Senior High School★★★★★
ElementaryOliver Hoover Elementary School★★★★
Instructional Center System Wide
Title I Migrant Education Program
District Instructional Center (Dic)

School assignments and ratings via edgeAI — always verify with the district.

The numbers that matter

The Miami market

Seller’s marketLeans seller3.7 months of inventoryBuyer’s market

$495K$560K

Miami median sold, yr/yr

98.2%

Sale-to-list ratio (12 mo)

1 of 7

ROYAL PALM PLACE have cut their price

Median sold price, Miami, trailing 36 months (3-month rolling) · live MLS data.

This home is listed 13% below the MIAMI 33196 median. See the full Miami market guide →

Paper trail

This home's history

CurrentPrice reduced to $265,000 $20K
Jan 22, 2026Listed at $285,000 · 178 days on market since
1990Built · ROYAL PALM PLACE

Reality check

What actually sold near

Asking prices are opinions — closed sales are facts. The most comparable homes that actually changed hands nearby in the last twelve months.

10521 SW 158th Ct # 206, Miami FL 33196Sold · Jul ’26

$299,000

10521 SW 158th Ct # 206, Miami FL 33196 · same community

2 bd · 2 ba · 1,075 sqft · $278/sqft · 15 DOM

15770 SW 106th Ter # 205, Miami FL 33196Sold · May ’26

$270,000

15770 SW 106th Ter # 205, Miami FL 33196 · same community

2 bd · 2 ba · 1,075 sqft · $251/sqft · 64 DOM

10421 SW 157th Pl # 301, Miami FL 33196Sold · Sep ’25

$313,000

10421 SW 157th Pl # 301, Miami FL 33196 · same community

2 bd · 2 ba · 1,075 sqft · $291/sqft · 59 DOM

Closed-sale data from the MLS, last 12 months, selected for similarity in size and location. No two homes are identical — ask us for a full comparative analysis.

Your home team

The pros in your corner

Buying a home is two conversations — the home and the money. Here’s who handles each, side by side, already working together.

Kevin Johnson

Your agent

Kevin Johnson

CEO & Managing Broker · CENTURY 21 Edge

Tours, negotiation, and every question about — start here.

Andrew Acosta

Your lender

Andrew Acosta

Acosta Home Loans with PRMG · NMLS #1468866

Pre-approval, rates, and the real monthly number for — before you fall in love.

See it in person

Schedule a tour

Live availability from Kevin's calendar — pick a time and it's booked. Confirmation lands in your inbox immediately.

Straight answers

FAQs

What would the monthly payment be for ?+

With 3.5% down on a 30-year FHA loan at 6%, the all-in payment lands around $2,530/mo — principal and interest, the actual property-tax bill, the $404/mo association fee and typical Florida insurance. The payment calculator on this page lets you switch loan type (FHA, Conventional, VA) and adjust the down payment, rate and term.

How much are the HOA fees at ?+

The association fee works out to $404 per month. Ask us for the full association documents — they spell out exactly what the fee covers.

What are the property taxes on ?+

The most recent tax bill on record (2025) was $3,467. A new owner's bill can differ once the sale price resets the assessed value — we can walk you through what to expect.

Are pets allowed at ?+

The listing reports pets: Restrictions Or Possible Restrictions. Communities often layer on breed or weight rules — we'll verify the specifics with the association before you commit.

How does the price compare to other homes in Miami?+

At $265,000, this home is listed about 47% below the Miami median of $500,000. The market section on this page shows how the area is trending.

Which schools are assigned to ?+

Hammocks Middle School (middle), Felix Varela Senior High School (high), Oliver Hoover Elementary School (elementary), Instructional Center System Wide (), Title I Migrant Education Program (), District Instructional Center (Dic) () — Dade County School District. Always verify school assignments with the district before relying on them.

The brief

Five things that matter here

01Under the MIAMI 33196 market on paper

$265,000 is 13% below the MIAMI 33196 median of $305,000, and at $297/sqft it sits under the Miami average of $469.

02Garden View views

The garden view view is part of what you're buying — views hold value independently of the structure.

03Time on market is leverage

178 days on market against a Miami median of 26 — sellers in this position are usually ready to negotiate.

04Strong assigned schools

Hammocks Middle School, Felix Varela Senior High School, Oliver Hoover Elementary School, Instructional Center System Wide, Title I Migrant Education Program, District Instructional Center (Dic) — Oliver Hoover Elementary School rates 4 of 5. Always verify assignments with the district.

05The price has already moved

Listed at $285,000, now $265,000 — a $20K cut. The full history is in the market section below.

Listing courtesy of NBG REALTY LLC · Miguel Lulinski. MLS #A11950759.

IDX information is provided exclusively for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data is deemed reliable but is not guaranteed accurate by Miami Association of REALTORS®.

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