Royal Palm Place/Hammocks

10521 SW 157th Place # 203, Miami FL 33196

1 beds · 1 baths · 778 ft²

Closed

$2,050

10.87%

Est. Payment $11/mo

MLS Sheet Video

1

Bedrooms

1

Bathrooms

778

Sq. Ft.

1990

Year Built

1

Stories

19

Days on Market

Description

Beautifully renovated 1/1 in the Hammocks. Call L/A for showing instructions. Gated entry to property. One assigned parking space. No commercial vehicles permitted. Association approval required. Renter must provide proof of income, monthly income must be at least 2.5x the rent amount = to $5,125. Background clearance letter from local Police Department along with application, credit report including score and proof of income required when submitting an offer.

Facts

MLS#
F10426740
Subdivision
Royal Palm Place/Hammocks
Property Type
Residential Lease
Property Sub Type
Condominium
Year Built
1990
Lot Size
0 sqft
Sq. Ft.
778 ft²
Sq. Mt.
72 m²
Price per sq. ft.
$3/ft²
Price per sq. mt.
$28/m²
Stories
1
Garage
Pool
Private
Days on Market
19 days
Listed
Feb 28, 2024
Last Updated
Sep 10, 2026
Price/Lot Sq.Ft.

Comparable homes

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Market insights for Miami

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

Sellers market

September 2026

100/100
Buyers marketSellers market

22

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).

9/10/2026Sold$2,050
3/7/2024Price change$2,050-10.9%
2/28/2024Listed for sale$2,300

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

Location

10521 SW 157th Place # 203, Miami FL 33196Directions

Affordability

What you'd typically need to qualify for this rental under the standard 30% rule.

$6,833

gross income / month to qualify

Monthly rent$2,050
Required annual income$82,000
Security deposit (est.)$2,050
Move-in cost (1st + last + security)$6,150

Based on the 30% rule (rent ≤ 30% of gross monthly income). Move-in estimate assumes first month + last month + one month security; landlord requirements vary.

Rangely Adames

Rangely Adames

Sales Associate | Sunland Group

Hablo Español

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