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Condominium · Bay Harbor Islands, FL
Recent closed sales in The Palms Condo, a read on what homes here actually sell for.
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Recently Sold · 2
About The Palms Condo
The Palms Condo is a community in Bay Harbor Islands, Miami-Dade County, Florida. Active listings are priced from $745,000 to $799,000. Homes were built starting 2018. Pure Equity Realty lists homes in The Palms Condo for 1% commission and represents buyers at no cost.
Recently Sold in The Palms Condo
Recent sales are the most reliable guide to value in The Palms Condo. Closed prices show what buyers actually paid, which matters far more than asking prices when you are pricing a home to sell or preparing an offer. A sold history also shows how long homes in The Palms Condo sat before closing and whether they went for over or under asking, and both shape a smart pricing or offer strategy. Closings turn over constantly, so a quiet stretch does not mean the market stopped, only that the most recent sales are already on record and the next ones have not closed yet. For a true read on value, the closest comparable homes matter more than any single headline figure. Pure Equity Realty can pull a full sold report for The Palms Condo with the detail behind each sale, or a valuation built from the most comparable recent closings.
Homes & Architecture
Recent listings in The Palms Condo have offered 2 to 3 bedrooms and 2 to 3.5 baths. Floor plans span roughly 1,260 to 1,503 square feet. The mix here includes condo homes. Current prices run from $739,000 to $799,000.
Market & Value
Recent activity is the clearest guide to value in The Palms Condo. The median list price in The Palms Condo is around $769,000, or roughly $619 per square foot. That sits about 28% above the Miami-Dade County median, which shows where The Palms Condo lands in the local market. Recent asking prices have run from $739,000 to $799,000, so the home you choose within The Palms Condo matters as much as the community average. Homes here have recently taken about 129 days to go under contract, a useful gauge of how quickly the The Palms Condo market is moving. For pricing an offer or a listing, comparable sales within The Palms Condo carry more weight than any headline number, since homes of the same type and size set the real range. Pure Equity Realty can pull the active and recently sold homes in The Palms Condo so you work from real numbers, not an estimate.
Who It Suits
Whether The Palms Condo fits you comes down to how you plan to live here. The Palms Condo suits a range of buyers, from first-time owners to move-up families, who want a home in Bay Harbor Islands with the everyday conveniences of the area close by. On price, The Palms Condo sits in the upper tier, drawing buyers who want more space, newer construction, or a stronger location. Whether The Palms Condo is right for you depends on how you plan to use the home, full time or seasonally, and Pure Equity Realty can walk you through the tradeoffs before you commit.
Amenities & Lifestyle
The Palms Condo is a residential neighborhood, and its homeowners association maintains the shared areas and community standards.
Location
The Palms Condo sits in Bay Harbor Islands, part of Miami-Dade County, Florida. The Bay Harbor Islands area's shopping, dining, schools, and parks are all nearby, and the region's job centers, beaches, and airports are within driving distance.
Buying in The Palms Condo
If a home in The Palms Condo catches your eye here, the buying process follows the same path as the rest of 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 Bay Harbor Islands means you see new listings in The Palms Condo the day they reach the market.
Selling in The Palms Condo
Thinking of selling in The Palms Condo? A successful sale here comes down to pricing, presentation, and marketing. List prices in The Palms Condo currently center around $769,000, 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 The Palms Condo owners in Bay Harbor Islands, so you can see what your property could sell for before you commit to listing.
Frequently Asked Questions
Public Records
Anything on this page that affects what a home costs to own, assessed value, exemptions, flood zone, is published by a public agency. These are the official sources, not our summaries of them.
Miami-Dade County Property Appraiser
Assessed value, homestead exemption status, and recorded sales history for any parcel.
FEMA Flood Map Service Center
Look up the official flood zone for an address before you budget for insurance.
Florida Department of Revenue, property taxes
How Florida assesses property, and which exemptions you can claim.
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