Palm Cay Florida City, FL Homes For Sale & Real Estate

Available Now

Active

Florida City, FL · Townhouse

445 NE 15 Street

$382,990

3 Bed3 Bath1,382 Sqft

Active

Florida City, FL · Townhouse

469 NE 15 Street

$408,990

3 Bed2.5 Bath1,456 Sqft

Active

Florida City, FL · Townhouse

502 NE 14 Terrace

$408,990

3 Bed2.5 Bath1,456 Sqft

Active

Florida City, FL · Townhouse

1595 NE 4 Avenue

$385,990

3 Bed2.5 Bath1,460 Sqft

Active

Florida City, FL · Townhouse

421 NE 15 Street

$378,990

3 Bed2.5 Bath1,460 Sqft

Active

Florida City, FL · Townhouse

427 NE 15 Street

$382,990

3 Bed3 Bath1,382 Sqft

Active

Florida City, FL · Townhouse

383 NE 16 Street

$383,990

3 Bed2.5 Bath1,460 Sqft

Active

Florida City, FL · Townhouse

1301 NE 4 Avenue

$415,990

3 Bed2.5 Bath1,456 Sqft

Active

Florida City, FL · Townhouse

1423 NE 4 Avenue

$380,990

3 Bed2.5 Bath1,460 Sqft

Frequently Asked Questions

What are the HOA fees in Palm Cay?

Every listing states a fee, and it ranged from about $136 to $175 a month, with a median of $158. Most listings say it covers common areas, and many add recreation facilities and grounds maintenance. Ask for the current budget, since fees in a new community can change once owners take over the association.

What have Palm Cay townhomes sold for?

There were 78 sales between July 2025 and the end of September 2026, from $335,000 to $449,000. The median closing price was $384,000 and the median price per square foot was $271. Most three-bedroom homes of about 1,400 square feet closed between $375,000 and $399,000 in late summer 2026.

Are Palm Cay homes new construction?

Yes. The homes were built between 2024 and 2026, and new homes were still listed at the time of writing, with asking prices from $378,990 to $415,990. Listings mention move-in specials. Ask which warranties come with the home and whether they transfer if you buy a resale. A resale from an early owner can be a good alternative when the floor plan you want is not available new.

Do Palm Cay townhomes have garages?

No listing shows a garage. Parking is in spaces near the homes, so ask how many spaces come with the unit you are considering and where guests can park. That matters more in a townhome community than in one with driveways.

How big are the townhomes in Palm Cay?

All are two-story townhomes with three or four bedrooms and two and a half to three baths, in about 1,380 to 1,582 square feet. Many plans have a bedroom and a full bath on the ground floor, which works for guests or relatives who prefer to avoid stairs.

What amenities does Palm Cay have?

Listings show a community pool, a cabana and a playground, and remarks mention walking paths. Some homes back onto a pond. There is no golf course or large clubhouse in the listings, which helps keep the HOA fee low compared with amenity-heavy communities.

Can you rent out a townhome in Palm Cay?

Twenty listings say leasing is allowed, but nearly all listings note other association restrictions, and no rental listings appeared over the period. If you are buying to rent, get the leasing rules and any minimum lease terms from the association before you sign.

What schools serve Palm Cay?

Current MLS listings that report schools show Campbell Drive K-8, Homestead Middle and Homestead High. Attendance zones can change as new communities fill in, so confirm the assignment for a specific address with Miami-Dade County Public Schools. Ask the district about bus service for the address as well.

How many homes are for sale in Palm Cay?

There are 9 active listings for sale in Palm Cay right now, and these counts update from the MLS as homes come on the market and go under contract. Prices sit in a narrow band here, so homes in Palm Cay tend to compete directly with each other. Ask us to set up a search alert and you will see new Palm Cay listings the day they reach the market.

What is the median home price in Palm Cay?

The median list price in Palm Cay is $383,990, or roughly $277 per square foot. The median is the midpoint of what is currently listed, so about half of Palm Cay homes ask more and half ask less, within a broader range of $378,990 to $415,990. The median sits in the lower part of that range, so most Palm Cay homes are nearer the entry level and a few high-end listings pull the top up. We can pull recent comparable sales to price a specific home more precisely.

What price range do homes in Palm Cay cover?

Homes for sale in Palm Cay currently range from about $378,990 at the entry level to $415,990 at the top of the market. That spread reflects unit size, floor, and finish level across the condos and townhomes here, with the median list price around $383,990. The spread is tight, which usually points to a consistent housing stock rather than a mix of sizes and eras. Tell us your budget and must-haves and we will send the Palm Cay listings that actually fit.

How long do homes take to sell in Palm Cay?

Homes in Palm Cay are averaging 91 days on market, measured from the day a listing goes live to the day it goes under contract. That is a measured pace, which usually leaves buyers room to negotiate and makes pricing at the outset matter more for sellers. Days on market in Palm Cay also shift with the season and with how a home is priced, so a sharply priced listing can still sell well ahead of the average.

About Palm Cay

Palm Cay, Florida City, FL, is a new construction community in Miami-Dade County with 9 homes for sale right now. Palm Cay is a community in Florida City, Miami-Dade County, Florida. Active listings are priced from $335,000 to $483,990. Homes were built between 2024 and 2026. Pure Equity lists homes in Palm Cay and represents buyers. Commission is negotiable, and what we are paid is agreed with you in writing before you commit to anything.

Palm Cay is a new townhome community in Florida City, built between 2024 and 2026. Every home sold here so far is a two-story townhouse of concrete block construction, with three or four bedrooms and two and a half to three baths in about 1,380 to 1,582 square feet. Many plans put a bedroom and full bath on the ground floor, with the primary suite and the other bedrooms upstairs. The community has a pool, a cabana and a playground, and listings mention walking paths. A number of homes back onto a pond. It is one of the newer options at this price in south Miami-Dade.

If you own a Palm Cay townhome and are thinking about selling, the main thing to understand is that you are selling against new construction. MLS data shows 78 Palm Cay sales between July 2025 and the end of September 2026, most of them first sales of new homes. The median closing price was $384,000, and the median price per square foot was $271, in a narrow band of $243 to $289. Prices ranged from $335,000 to $449,000. The median sale went under contract in about 34 days.

The narrow price band is the useful part for a seller. Most three-bedroom homes of 1,382 to 1,460 square feet closed between about $375,000 and $399,000 in the late summer of 2026, and four-bedroom homes of 1,582 square feet closed at $399,000 and $403,500. Two homes built in 2024 on NE 5th Court closed at $335,000 and $345,000 in July 2026, at their asking prices. Those numbers tell you where a resale will land. A resale owner can win against new inventory with upgrades the base new homes lack, such as window treatments, finished patios or a pond view, but not by asking much more than the newest closings.

The current supply is mostly new construction. At the time of writing there were ten homes for sale and five under contract, with asking prices from $378,990 to $415,990 and a median of $384,990. New-home listings mention move-in specials. When a seller is competing with new homes offered with incentives, price and timing matter. List at or just below the new-home price for the same plan, and make the case for a home that is finished and ready. Several September 2026 closings in the feed carry recorded list prices far above the final sale price, so do not read much into the sale-to-list figure here.

Buyers get a consistent product. Homes have walk-in closets, quartz kitchen counters, stainless steel appliances and a separate laundry area, according to listings. None of the listings show a garage, so ask how many parking spaces come with the home. About 28 of 93 listings show a pond behind the home. All homes are two-story, so buyers who want everything on one floor should look for a plan with the ground-floor bedroom. Because the homes are new, ask what warranties come with the home and whether they transfer to a second owner.

The HOA is modest. Every listing states a fee, and it ran from about $136 to $175 a month, with a median of $158. Most listings say it covers common areas, and many add recreation facilities and grounds maintenance. Ask for the association's budget and reserve plan, since a new community's early budget can change once owners take over the board. Get insurance and flood quotes for the specific address before you commit, since both vary from one part of south Miami-Dade to the next.

Rules are standard for a new townhome community. Listings say pets are allowed with restrictions, and some note size limits. Twenty listings mark the community as allowing leases, but nearly all list other restrictions, and no rental listings appeared over the period, so ask the association for the leasing rules if you plan to rent. Listings that report schools show Campbell Drive K-8, Homestead Middle and Homestead High. Confirm the attendance zone with Miami-Dade County Public Schools for a specific address.

Palm Cay fits a buyer who wants a new townhome with a pool and playground in the community at a price that is hard to find farther north in the county. It does not offer garages, private pools or large yards, and the homes are close together. For a seller, the market here is predictable. Closings sit in a tight band, so the job is to price inside it and show why a finished resale beats waiting for a new build.

Timing a resale here takes a little planning. While new homes are still being delivered, buyers can choose between a resale and a brand new home on the next street, often with move-in specials attached. A resale has two real advantages. It is ready now, with no wait for construction, and an owner has usually added items a base new home lacks, such as blinds, upgraded lighting, ceiling fans or a finished patio. Put those items in the listing with photos. Keep the asking price close to the newest closings for the same floor plan, and be ready for a buyer who asks for a concession, since the new-home listings around you advertise move-in specials.

Homes & Architecture

Homes for sale in Palm Cay

Homes for sale in Palm Cay offer 3 bedrooms and 2.5 to 3 baths. Floor plans span roughly 1,382 to 1,460 square feet. The mix here includes townhouse homes. Current prices run from $378,990 to $415,990. The homes on the market were built between 2025 and 2026.

Schools

Schools near Palm Cay

Homes for sale in Palm Cay are typically zoned for the Florida City public schools below, based on current MLS listings. Confirm the exact attendance zone for any specific address with the Miami-Dade County school district before you buy.

Elementary School

Campbell Drive K-8

Middle School

Homestead

High School

Homestead

Map

Where Palm Cay is in Florida City

Centred on the homes listed and recently sold in Palm Cay.

HOA

Palm Cay HOA fees

Median HOA fee

$158/mo

Typical range

N/A

Lowest to highest

$158 to $158

Listings with a fee

9 of 9

Recent Sales

Recently sold homes in Palm Cay

These are the last 24 recorded closings in Palm Cay, with the price each home actually sold for rather than what it was listed at. They closed at a median of $270 per square foot. The most recent closed on September 30, 2026. Closed sales are what an appraiser and a buyer's agent will look at, so they are the starting point for pricing a home here.

• 

  Sold

  $379,000

  Sold · September 30, 2026

  481 NE 15 Street

  3 bed · 3 bath · 1,382 sqft · $274/sqft

  $23,000 under the asking price

• 

  Sold

  $384,000

  Sold · September 30, 2026

  493 NE 15 Street

  3 bed · 2.5 bath · 1,448 sqft · $265/sqft

  $23,000 under the asking price

• 

  Sold

  $380,000

  Sold · September 30, 2026

  475 NE 15 Street

  3 bed · 2.5 bath · 1,460 sqft · $260/sqft

  $81,990 under the asking price

• 

  Sold

  $399,000

  Sold · September 30, 2026

  523 NE 15 Street

  3 bed · 2.5 bath · 1,456 sqft · $274/sqft

  $65,990 under the asking price

• 

  Sold

  $379,000

  Sold · September 30, 2026

  517 NE 15 Street

  3 bed · 3 bath · 1,382 sqft · $274/sqft

  $23,000 under the asking price

• 

  Sold

  $384,990

  Sold · September 29, 2026

  499 NE 15 Street

  3 bed · 3 bath · 1,382 sqft · $279/sqft

  $65,000 under the asking price

See every recorded sale in Palm Cay or find out what your Palm Cay home is worth.

Under Contract

Homes under contract in Palm Cay

6 homes in Palm Cay are under contract right now. A buyer and seller have agreed to terms and the sale has not closed yet. They took a median of 56 days on the market to find that buyer. 6 of them lowered the asking price first. Pending homes are a read on demand rather than on asking prices, and because they have not closed they show it earlier than sold comps do. If you are deciding what to list for in Palm Cay, this is what buyers are committing to today.

• 

  Under Contract

  $430,000

  Asking · 7 days to contract

  433 NE 15 Street

  4 bed · 3 bath · 1,582 sqft · $272/sqft asking

  Cut $55,990 from the original asking price

• 

  Under Contract

  $414,490

  Asking · 154 days to contract

  508 NE 14 Terrace

  4 bed · 3 bath · 1,582 sqft · $262/sqft asking

  Cut $8,510 from the original asking price

• 

  Under Contract

  $402,000

  Asking · 20 days to contract

  463 NE 15 Street

  3 bed · 3 bath · 1,382 sqft · $291/sqft asking

  Cut $47,990 from the original asking price

• 

  Under Contract

  $390,990

  Asking · 42 days to contract

  457 NE 15 Street

  3 bed · 2.5 bath · 1,448 sqft · $270/sqft asking

  Cut $63,000 from the original asking price

• 

  Under Contract

  $390,990

  Asking · 56 days to contract

  439 NE 15 Street

  3 bed · 2.5 bath · 1,448 sqft · $270/sqft asking

  Cut $63,000 from the original asking price

• 

  Under Contract

  $386,490

  Asking · 77 days to contract

  512 NE 14 Terrace

  3 bed · 3 bath · 1,382 sqft · $280/sqft asking

  Cut $62,500 from the original asking price

See what your Palm Cay home would sell for in this market, or track every pending sale in Palm Cay.

Market & Value

Palm Cay market and home values

The Palm Cay real estate market reads best through the community's own recent activity, not a county-wide average. The median list price in Palm Cay is around $383,990, or roughly $277 per square foot. That sits about 36% below the Miami-Dade County median, which shows where Palm Cay lands in the local market. Recent asking prices have run from $378,990 to $415,990, so the home you choose within Palm Cay matters as much as the community average. Homes here have recently taken about 91 days to go under contract, a useful gauge of how quickly the Palm Cay market is moving. For pricing an offer or a listing, comparable sales within Palm Cay carry more weight than any headline number, since homes of the same type and size set the real range. Pure Equity can pull the active and recently sold homes in Palm Cay so you work from real numbers, not an estimate.

How It Compares

Palm Cay compared to nearby Florida City communities

Palm Cay carries the highest median of the 7 Florida City communities compared here. Price per square foot is the fairer comparison between communities, because it adjusts for the fact that one neighborhood builds bigger homes than another. Days on market shows how quickly each one is actually selling.

Medians come from active listings in each community and move as inventory turns over. They describe the homes currently for sale, not what any one home is worth.

Who It Suits

Is Palm Cay right for you?

It helps to know who Palm Cay tends to suit before you tour. Palm Cay suits a range of buyers, from first-time owners to move-up families, who want a home in Florida City with the everyday conveniences of the area close by. On price, Palm Cay lands in the middle of the market, a common fit for move-up buyers and full-time residents. Whether Palm Cay is right for you depends on how you plan to use the home, full time or seasonally, and Pure Equity can walk you through the tradeoffs before you commit.

Amenities & Lifestyle

Living in Palm Cay

Palm Cay is a small, family-oriented townhome community. Residents share a pool, a cabana and a playground, and listings describe walking paths through the neighborhood. A number of homes back onto a pond, and those owners get a water view from the rear windows. Because every home is new, the streets have a uniform look and little of the upkeep that comes with older properties. Listings describe the location as close to highways, shopping centers, schools and dining. Most daily outdoor life happens at the pool and playground or on a small rear patio. Inside, the plans are built for households that need bedrooms more than formal rooms, with an open kitchen and living area on the ground floor and two or three bedrooms upstairs. The ground-floor bedroom and bath in many plans gives room for a relative, a guest or a home office without giving up a bedroom upstairs.

Location

Palm Cay location

Palm Cay is in Florida City in Miami-Dade County, zip code 33034. Listings put the homes on NE 15 Street, NE 16 Street, NE 14 Terrace, NE 4 Avenue, NE 3rd and NE 5th Court. Listing descriptions describe the community as close to major highways, shopping centers and schools. Current MLS listings that report schools show Campbell Drive K-8, Homestead Middle and Homestead High. Confirm the school assignment for any address with Miami-Dade County Public Schools before you buy. Listings also mention upcoming developments close by, so the area around the community is still changing, and buyers should look at what is planned on nearby parcels before they settle on a specific home.

Buying in Palm Cay

Buying a home in Palm Cay

The buying process in Palm Cay is the one used across Miami-Dade County. Getting a mortgage pre-approval first tells you your real budget and lets you move quickly when the right home comes up. Property taxes factor into the monthly payment: the median annual property tax in Miami-Dade County is about $3,516. Florida's homestead exemption lowers the taxable value of a primary residence, and the Save Our Homes cap limits how fast that assessed value can rise from year to year. Budget for homeowners insurance as well. Rates in Florida reflect wind and flood exposure, so gather quotes early and check whether a specific address sits in a FEMA flood zone. Once you are under contract, plan for a home inspection and, if you are financing, a lender appraisal, both of which fall inside the inspection period. Working with an agent who knows Florida City means you see new listings in Palm Cay the day they reach the market.

Selling in Palm Cay

Selling a home in Palm Cay

Selling a home in Palm Cay starts with pricing it correctly for current conditions. List prices in Palm Cay currently center around $383,990, which is a starting reference for where a comparable home might be positioned. Homes that are decluttered, professionally photographed, and priced to recent comparable sales tend to draw the most interest in the first two weeks, when a listing is newest and gets the most views. Florida sellers usually pay the documentary stamp tax on the deed, currently $0.70 per $100 of the sale price in most counties, along with prorated property taxes and, by local custom in many areas, the owner's title insurance policy. We provide a no-obligation home valuation for Palm Cay owners in Florida City, so you can see what your property could sell for before you commit to listing.

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