ROYAL PALMS CONDO

7400 W 20th Ave # 416, Hialeah FL 33016

2 beds · 2 baths · 840 ft²

Closed

$238,000

4.80%

Est. Payment $1,267/mo

MLS Sheet Video

2

Bedrooms

2

Bathrooms

840

Sq. Ft.

1987

Year Built

4

Stories

229

Days on Market

Description

Excellent investment opportunity in the heart of West Hialeah! This well-located unit is just minutes from major shopping centers, schools, and major highways. With no rental restrictions, it’s an ideal choice for both investors and end-users alike. The property is currently rented for $2,000 per month through June 2026, offering immediate rental income.

Facts

MLS#
A11820925
Subdivision
ROYAL PALMS CONDO
Property Type
Residential
Property Sub Type
Condominium
Year Built
1987
Lot Size
0 sqft
Sq. Ft.
840 ft²
Sq. Mt.
78 m²
Price per sq. ft.
$283/ft²
Price per sq. mt.
$3,051/m²
Stories
4
Garage
Pool
Days on Market
229 days
Listed
Jun 4, 2025
Last Updated
Feb 21, 2026
Price/Lot Sq.Ft.

Comparable homes

Same ZIP, similar price + bedrooms.

Market insights for Hialeah

Live MLS-derived activity. Forecast is a conservative rule-of-thumb estimate — not a guarantee.

Sellers market

May 2026

100/100
Buyers marketSellers market

72

Median days to sold

+4.5%

1-year price forecast (est.)

Price & tax history

From the live MIAMI MLS feed. Older history requires the ListingHistory resource (not yet enabled).

2/21/2026Sold$238,000
12/3/2025Price change$238,000-4.8%
6/4/2025Listed for sale$250,000

History reflects fields present on the live MLS record. Full multi-year history requires the MIAMI ListingHistory resource (not yet enabled).

Location

7400 W 20th Ave # 416, Hialeah FL 33016Directions

GreatSchools Summary Ratings

Public + private K-12 schools within 5 miles of this listing.

GreatSchoolsData provided by GreatSchools.org © 2026. All rights reserved.

Estimated Monthly Payment

$1,615/mo

Principal & Interest

$1,267

Property Tax

$198

Insurance

$150

HOA

$0

20% ($47,600)
7.00%
30 years
1.00% (FL avg ~1.0%)
$0/mo
$150/mo

Estimates only. Actual payment depends on credit, lender, insurance carrier, and FL/Miami-Dade specifics. Contact Rangely for a precise quote.

Rangely Adames

Rangely Adames

Sales Associate | Sunland Group

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The data relating to real estate for sale on this website comes in part from the Southeast Florida Multiple Listing Service. MLS Data is deemed reliable, but is not guaranteed accurate by MIAMI REALTORS®.

Accuracy of listing information is not guaranteed. Listing information is provided for personal consumer, non-commercial use, solely to identify potential properties for potential purchase. All other use is strictly prohibited and may be a violation of federal and state law.

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7400 W 20th Ave # 416, Hialeah FL 33016 | $238,000 | Rangely Adames Miami Real Estate