, HIALEAH, FL, 33016
Active19 days on marketListed Jun 30, 2026MLS #A12045808
About this home
Spacious 2-bedroom, 2-bathroom condo located in the highly desirable Royal Palms community in Hialeah. This well-designed unit features a split-bedroom floor plan, offering added privacy and comfort. Both bedrooms include walk-in closets, and the bathrooms provide ample storage space. Additional storage is available throughout the condo. The unit includes two assigned parking spaces, as well as plenty of guest parking. Water is included in the rent, and the laundry facility is conveniently located nearby. Ideally situated just minutes from the Palmetto Expressway and within walking distance of Palmetto Hospital, this condo offers exceptional convenience. Enjoy easy access to shopping, dining, schools, and major highways, making it a perfect place to call home.
Facts & features
The home at a glance
2
Bedrooms
2
Bathrooms
840
Sqft
2
Garage
1987
Year built
$3
Per sqft
Inside
Outside & construction
Community & fees
Utilities & systems
The numbers
What it really costs
Principal and interest plus estimated taxes and insurance. Run your own numbers below.
$176 /mo · 3.5% down FHA, 30-yr fixed at 6%
The assumptions
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
Acosta Home Loans with PRMG · NMLS #1468866
Run your own numbers
Estimated payment
$176/mo
Includes FHA mortgage insurance and the financed 1.75% upfront premium. Estimates only — taxes at 1.1%/yr and typical insurance; 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.
$/sqft vs Hialeah actives
$3 vs $319
Days on market
19 vs 7 typical
Where $3/sqft sits among the 400 Hialeah actives
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 Hialeah
Get to know Hialeah. See the full Hialeah guide →
HIALEAH 33016 — neighborhood snapshot
Population
45,285
Median age
44
Median income
$56,633
Median home value
$295,800
Avg household
2.86
Households w/ children
5,587
For the school run
Dade County School District
School assignments and ratings via edgeAI — always verify with the district.
The numbers that matter
The Hialeah market
$368K → $290K
Hialeah median sold, yr/yr
93.8%
Sale-to-list ratio (12 mo)
36 of 400
Hialeah actives have cut their price
Median sold price, Hialeah, trailing 36 months (3-month rolling) · live MLS data.
This home is listed 37% below the HIALEAH 33016 median. See the full Hialeah market guide →
Paper trail
This home's history
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.
Sold · Feb ’26$216,000
7400 W 20th Ave # 416, Hialeah FL 33016 · same community
2 bd · 2 ba · 840 sqft · $257/sqft · 229 DOM
Sold · Dec ’25$225,000
7400 W 20th Ave # 326, Hialeah FL 33016 · same community
2 bd · 2 ba · 840 sqft · $268/sqft · 78 DOM
Sold · Oct ’25$225,000
7400 W 20th Ave # 315, Hialeah FL 33016 · same community
2 bd · 2 ba · 830 sqft · $271/sqft · 118 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.
Your agent
Robert Holmgren
REALTOR® · CENTURY 21 Edge
Tours, negotiation, and every question about — start here.
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 Robert'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 $176/mo — principal and interest, estimated property taxes 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 does the price compare to other homes in Hialeah?+
At $2,200, this home is listed about 100% below the Hialeah median of $499,900. The market section on this page shows how the area is trending.
Which schools are assigned to ?+
Palm Lakes Elementary School (elementary), Barbara Goleman Senior High (high), Miami Lakes Middle School (middle), District Instructional Center (Dic) (), Instructional Center System Wide (), Title I Migrant Education Program () — Dade County School District. Always verify school assignments with the district before relying on them.
The brief
Three things that matter here
01Under the HIALEAH 33016 market on paper
$2,200 is 37% below the HIALEAH 33016 median of $3,500, and at $3/sqft it sits under the Hialeah average of $488.
02Time on market is leverage
19 days on market against a Hialeah median of 7 — sellers in this position are usually ready to negotiate.
03Strong assigned schools
Palm Lakes Elementary School, Barbara Goleman Senior High, Miami Lakes Middle School, District Instructional Center (Dic), Instructional Center System Wide, Title I Migrant Education Program — Barbara Goleman Senior High rates 4 of 5. Always verify assignments with the district.
Keep looking
Similar homes nearby
Listing courtesy of Prestige Luxury Realty LLC · Yamili Fernandez. MLS #A12045808.
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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