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Buildings/Hialeah/ROYAL PALMS CONDO

Value

ROYAL PALMS CONDO

7400 W 20th Ave, Hialeah 33016

1987

Year Built

Units

CI Score

Moderate

For Sale

$245K

Avg Price

$292

Sale $/SF

—

For Rent

$1,700

Avg Rent

$2.98

Rent $/SF

+0.3%

YoY

For Sale

For Rent

Investor-Owned

57%

Avg HOA

$400/mo

Building Details

Address

7400 W 20th Ave, Hialeah, 33016

Neighborhood

Hialeah

Year Built

1987

Total Units

Avg Unit Sqft

782 SF

Tier

Value

Avg $/SF

$291.55

Avg Rent

$1,700/mo

Rent $/SF

$2.98/SF

HOA Range

$400 – $400

Neighborhood Rank

Top 47%

Avg Unit Value

$176K

Total Sales (All-Time)

247

Investment Analysis

Yield Metrics

Rental Yield (annualized)7.0%

YoY Appreciation+0.3%

Total Yield82.2%

Median Rent$1,700/mo

Liquidity & Demand

Closed Sales (120d)0

Investor-Owned57%

For Sale1

For Rent0

Top 47%

Neighborhood percentile

Market Data

Sale Price Trend ($/SF)

$272

-0.7%

Rental Price Trend ($/SF)

$2.98

Building Activity

Closed Sales (120d)

transactions

Low volume

Sales & Listings

Active Listings

For Sale (1)

$245K

Unit 312

2 bd2 ba840 sf

$292/SF13 DOM

Recent Sales

Date	Price	$/SF	Bed/Bath	SF
Aug 26, 2025	$229K	$272.02	2/2	840
May 30, 2025	$230K	$273.81	2/2	840
Oct 25, 2024	$158K	$277.19	1/1	570
Aug 16, 2024	$220K	$265.06	2/2	830
Mar 14, 2024	$239K	$284.52	2/2	840
Mar 1, 2024	$193K	$338.6	1/1	570
Aug 3, 2023	$250K	$297.62	2/2	840
Mar 23, 2023	$215K	$255.95	2/2	840
Feb 1, 2023	$190K	$226.19	2/2	840
Nov 21, 2022	$218K	$259.52	2/2	840
Oct 24, 2022	$249K	$159.62	2/3	1,560
Aug 4, 2022	$215K	$259.04	2/2	830
Oct 13, 2021	$210K	$250	2/2	840
Sep 13, 2021	$170K	$202.26	2/2	840
Aug 26, 2021	$180K	$214.29	2/2	840
Jul 29, 2021	$210K	$253.01	2/2	830
Jul 7, 2021	$120K	$210.53	1/1	570
Jun 7, 2021	$173K	$207.83	2/2	830
May 25, 2021	$160K	$190.48	2/2	840
Apr 24, 2021	$170K	$204.82	2/2	830
Sep 26, 2020	$39K	$68.95	1/1	570
Aug 31, 2020	$166K	$197.62	2/2	840
Aug 20, 2020	$158K	$188.1	2/2	840
Jul 28, 2020	$170K	$204.82	2/2	830
Jan 24, 2020	$85K	$149.12	1/1	570

Units & Ownership

Total Units

Avg Sqft

782 SF

Avg Assessed

$122K

Owner-Occupied

43%

Tax & Ownership

Investor-Owned

57%

Owner-Occupied

43%

Avg Assessed Value

$122K

Avg Taxable Value

$105K

Effective Year Built

1987

Zoning

4600

Unit Mix

1 BR25

Avg 581 SF

2 BR63

Avg 861 SF

Unit Directory

Showing 10 of 88 units

Unit	Beds	Baths	SF	Assessed	Owner	Last Sale	$/SF	Sale Date
101	2	3	1,560	$232K	—	$249K	$160	Oct 2022
102	2	2	1,030	$193K	✓	$190K	$184	Dec 2005
105	1	1	570	$39K	✓	$46K	$81	Dec 1995
107	2	2	830	$51K	✓	$56K	$67	Dec 1995
109	2	2	830	$182K	—	$215K	$259	Aug 2022
111	2	2	830	$178K	—	$210K	$253	Jul 2021
113	1	1	640	$108K	—	$114K	$178	Dec 2005
115	2	2	830	$51K	✓	$56K	$67	Feb 1996
116	2	2	840	$51K	✓	$175K	$208	Aug 2006
117	1	1	570	$39K	✓	$48K	$84	Dec 1995