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15770 SW 106th Terrace 106, Miami, FL 33196
Under Contract
91 Days on Market
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$285,000

15770 SW 106th Terrace 106

Miami, FL 33196

ROYAL PALM PLACE

Explore the area: Miami homes for sale · Miami Dade County real estate

How this price compares

Asking price
$285,000
Price per sq ft
$265
Vs. nearby sales
3.3% below
Days on market
91

This 2-bedroom condo in Royal Palm Place went under contract with an asking price of $285,000, or $265 per square foot. The asking price has come down 3.4% from its original $295,000. It spent 91 days on the market before going under contract. The 5 most recent condo sales in the closings shown below sold at a median of $274 per square foot, so the asking price was 3.3% below what comparable homes here actually sold for.

2
Bedrooms
2
Bathrooms
1,075
Living Sq Ft
1990
Year Built

Estimated monthly payment

$1,498 /mo

Principal and interest only, based on $57,000 down (20%), a 6.875% 30-year fixed rate. Property taxes, homeowners insurance, and the $488/mo HOA are not included.

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Listing Snapshot

Price
$285,000
Days on Site
91 Days
Bedrooms
2
Total Baths
2
Full Baths
2
Partial Baths
0
Living Area
1,075 sqft
Total Sq Ft
1,075 sqft
Year Built
1990
Property Type
Condo
MLS #
A12048557
Property Tax
$3,785 (2025)
HOA Fees
$488 / Monthly
Subdivision
ROYAL PALM PLACE
County
Miami Dade
Status
Under Contract
Special Conditions
Real Estate Owned

About This Property

Welcome to this move-in ready 2-bedroom, 2-bathroom first-floor condominium, ideally located in the heart of Kendall. This inviting residence offers the convenience of ground-level living with a functional layout, spacious living areas, and plenty of natural light. Whether you're a first-time homebuyer, downsizing, or looking for an investment opportunity, this home offers exceptional value.Enjoy a variety of community amenities, including a swimming pool, tennis courts, a clubhouse, and landscaped grounds.With the HOA covering water, sewer, and pest control, owners have peace of mind. Ideally located near shopping, dining, parks, top-rated schools, and major highways, including Florida's Turnpike, this home places everything you need within easy reach. With immediate leasing permitted, it's an excellent opportunity for both owner-occupants and investors seeking a property with strong rental potential. Don't miss your chance to own this exceptional Kendall condo in a highly desirable location.

Virtual Tour

General Features

Property Type
Condo
Status
Under Contract
Year Built
1990
Property Condition
Resale
Number of Stories
2
Garage Spaces
0
Parking
Assigned / Guest
Living Sq Ft
1,075
Total Sq Ft
1,075

Interior Features

Appliances
Dishwasher / Electric Range / Microwave / Oven / Refrigerator
Cooling
Central Air / Electric
Heating
Central / Electric
Flooring
Tile
Interior Features
Bedroom On Main Level / Other / Split Bedrooms / Walk In Closets

Exterior Features

Construction
CBS Concrete Block Structure / Block
Exterior Features
Balcony / Outdoor Living Area
Architectural Style
Other
Pool Features
Association
Patio & Porch
Open / Patio / Balcony
View
Garden / Other

Community & HOA

HOA Fee
$488 / Monthly
HOA Includes
Common Areas / Insurance / Maintenance Structure / Recreation Facilities / Security / Trash / Water
Association Amenities
Basketball Court / Clubhouse / Car Wash Area / Fitness Center / Picnic Area / Playground / Pool / Tennis Courts
Security
Phone Entry / Security Fence / Security Guard
Pets Allowed
Yes
55+ Community
Yes
Financing Terms
Cash / Conventional / Va Loan
Restrictions
Other Restrictions
MLS Area
2590

This home's HOA fee works out to $488 a month, 578% above the $72 median across 9 homes for sale in Royal Palm Place. See Royal Palm Place HOA fees

Schools

Elementary School
Dr. Gilbert L. Porter
Middle School
Hammocks
High School
Felix Varela

Royal Palm Place is a community in Miami, Miami-Dade County, Florida. Active listings are priced from $305,000 to $349,900. Homes were built starting 1990. Pure Equity lists homes in Royal Palm Place and represents buyers. Commission is negotiable, and what we are paid is agreed with you in writing before you commit to anything.

Homes for Sale
9
Median List Price
$299,000
Median $/Sq Ft
$293
Avg Days on Market
112
View all 9 homes for sale in Royal Palm Place →
How do I schedule a tour of 15770 SW 106th Terrace 106, Miami, FL 33196?
Use the Tour button on this listing to request a showing of 15770 SW 106th Terrace 106, Miami, FL 33196. Pick a day and time and choose an in-person or video-chat tour, and a Pure Equity agent will confirm your visit, often the same day.
Is 15770 SW 106th Terrace 106, Miami, FL 33196 still available?
15770 SW 106th Terrace 106, Miami, FL 33196 is currently listed as Under Contract, and has been on the market 91 days. Status updates directly from the MLS as homes go under contract, so ask us to confirm availability before you plan a visit.
How much is the monthly payment for 15770 SW 106th Terrace 106, Miami, FL 33196?
With 20% down ($57,000) on the $285,000 list price and a 30-year fixed loan at an illustrative 6.875% rate, the estimated principal & interest for 15770 SW 106th Terrace 106, Miami, FL 33196 is about $1,498/mo, before property taxes, insurance, and HOA dues. Use the payment estimate on this page to adjust the down payment and rate.
How do I get pre-approved to buy 15770 SW 106th Terrace 106, Miami, FL 33196?
Getting pre-approved shows sellers you're a serious buyer and clarifies your true budget before you offer on 15770 SW 106th Terrace 106, Miami, FL 33196. Contact Pure Equity and we'll connect you with a trusted local lender to review your financing options, no obligation.
Does 15770 SW 106th Terrace 106, Miami, FL 33196 have an HOA fee?
Yes: 15770 SW 106th Terrace 106, Miami, FL 33196 carries an HOA fee of about $488 monthly. HOA dues usually cover community amenities and shared maintenance; ask us for the current budget, rules, and exactly what's included.
What schools serve 15770 SW 106th Terrace 106, Miami, FL 33196?
15770 SW 106th Terrace 106, Miami, FL 33196 is zoned for Dr. Gilbert L. Porter (elementary), Hammocks (middle), Felix Varela (high). School assignments and boundaries can change year to year, so confirm current zoning with the local school district before you buy.
Can I negotiate the price of 15770 SW 106th Terrace 106, Miami, FL 33196?
Often, yes. The right offer on 15770 SW 106th Terrace 106, Miami, FL 33196 depends on how it's priced against comparable condo sales in Miami, how long it's been listed, and how motivated the seller is. Pure Equity will run the comps and help you craft a competitive, well-supported offer.

Listing courtesy of Luxe Properties

Listing information is provided by BeachesMLS, Inc.and is deemed reliable but not guaranteed accurate by the MLS or Pure Equity. Information is for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties. © 2026 BeachesMLS, Inc. Last updated July 7, 2026.

$285,000

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Listed by Steven M. Vivar, Luxe Properties

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