$190,000
SOLD FEB 2, 2023

Royal Palms Condos 7400 W 20th Ave Unit 416 Hialeah, FL 33016

2 Beds
2 Baths
840 Sq Ft
$212/mo HOA Fee

Recently Sold

$226 Per Sq Ft

21% Below List Price

105 Days on Market

Highlights

  • Community Pool
  • Walk-In Closet
  • Tile Flooring
  • Barbara Goleman Senior High School Rated A-
  • Views
  • Guest Parking

About This Home

As of February 2023

PRICES REDUCED GREAT OPPORTUNITY! FOR INVESTORS OR FIRST TIME HOMEOWNER.

Cozy 2Bedroom 2 Baths Condo with Tile through out. Featuring walk in closets with low maintenance fee of $212. (Around 1,000 sqft) Close to major highways,Shopping,Dinning,Great Schools,No Rental Restrictions,No Reserves Possible seller incentives. Easy to show vacant on lockbox.

Don’t miss out on this great investment opportunity SOLD AS IS

Last Agent to Sell the Property

Mercedes Reina

Faith International Real Estate License #3526317 Listed on: 09/08/2022

Last Buyer's Agent

Zuleyka Candelaria

Candelaria Investments Group, LLC. License #3410284

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $2,051

Year Built

  • Built in 1987

HOA Fees

  • $212 Monthly HOA Fees

Home Design

  • Concrete Block And Stucco Construction

Interior Spaces

  • 840 Sq Ft Home
  • 4-Story Property
  • Tile Flooring
  • Microwave
  • Property Views

Bedrooms and Bathrooms

  • 2 Bedrooms
  • Walk-In Closet
  • 2 Full Bathrooms
  • Shower Only

Parking

  • 2 Car Parking Spaces
  • Guest Parking
  • Open Parking

Additional Features

  • Accessible Elevator Installed
  • Central Heating and Cooling System

Listing and Financial Details

  • Assessor Parcel Number 04-20-27-078-0450

Community Details

Overview

  • Low-Rise Condominium
  • Royal Palms Condos
  • Royal Palms Condo Subdivision

Amenities

  • Laundry Facilities
  • Elevator

Recreation

  • Community Pool

Pet Policy

  • Pets Allowed

Property Details

Home Type

Condominium

Est. Annual Taxes

$2,051

Year Built

Built in 1987

Lot Details

0

HOA Fees

$212 per month

Listing Details

  • Property Type: Residential
  • Year Built: 1987
  • Property Sub Type: Condominium
  • Directions: GPS
  • Entry Level: 4
  • Garage Yn: No
  • Horses: No
  • Inclusions: None
  • New Construction: No
  • Property Attached Yn: Yes
  • Structure Type: Condo 1-4 Stories, Condo
  • Subdivision Name: ROYAL PALMS CONDO
  • Year Built Details: Resale
  • MIAMIRE_PetsAllowedYN: Yes
  • MIAMIRE_MembershipPurchRqdYN: No
  • ResoPropertyType: Residential
  • Special Features: VirtualTour

Interior Features

  • Appliances: Microwave, Other Equipment/Appliances, Refrigerator
  • Interior Amenities: Elevator, Walk-In Closet(s)
  • Full Bathrooms: 2
  • Total Bedrooms: 2
  • Flooring: Tile
  • Furnished: Unfurnished
  • Living Area: 840
  • Possible Use: Unknown/Withheld
  • Stories: 4
  • Bedroom Features: Primary Bath Shower

Exterior Features

  • View: Other View
  • Exterior Features: Other
  • Construction Type: CBS Construction
  • Pool Private: No
  • View: Yes
  • Waterfront: No

Garage/Parking

  • Park Building Name: Royal Palms
  • Open Parking: Yes
  • Parking Features: 2 Or More Spaces, Guest, Open

Utilities

  • Cooling: Central Air
  • Cooling Y N: Yes
  • Heating: Central
  • Heating Yn: Yes
  • Security: Other

Condo/Co-op/Association

  • Association Fee: 212
  • Amenities: Laundry, Elevator(s), Pool
  • Association Fee Frequency: Monthly
  • Association: Yes
  • ResoAssociationFeeFrequency: Monthly

Association/Amenities

  • MIAMIRE_TypeofAssociation: Condo

Lot Info

  • Parcel Number: 04-20-27-078-0450
  • ResoLotSizeUnits: SquareFeet

Rental Info

  • Pets Allowed: Yes

Tax Info

  • Tax Year: 2021
  • Tax Annual Amount: 2051

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 8, 2022
Closed on
Jan 1, 2023
Sold by
Prieto Jose
Bought by
Male Lorena
Seller's Agent
Mercedes Reina
Faith International Real Estate
Buyer's Agent
Zuleyka Candelaria
Candelaria Investments Group, LLC.
List Price
$240,000
Sold Price
$190,000
Premium/Discount to List
-$50,000
-20.83%
Views
121

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
10.26%
Original Mortgage
$142,500
Interest Rate
5.52%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jun 4, 2010
Sold by
Us Bank National Association
Bought by
Prieto Jose

Purchase Details

Closed on
Feb 11, 2010
Sold by
Chase Manhattan Bank Na
Bought by
Us Bank National Association

Purchase Details

Closed on
Jul 2, 2003
Sold by
Erazo Miguel Angel and Pineda Maria
Bought by
Viquez Mario and Placeres Judelys

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$85,000
Interest Rate
7.75%
Mortgage Type
Unknown

Purchase Details

Closed on
Dec 23, 1996
Sold by
Southwest Properties I Inc
Bought by
Erazo Miguel A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$60,200
Interest Rate
7.65%
Mortgage Type
New Conventional
Source: Public Records

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Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Type Sale Price Title Company
Warranty Deed $190,000 --
Special Warranty Deed $53,000 Servicelink
Trustee Deed $40,200 None Available
Warranty Deed $85,000 --
Deed $63,400 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Previous Owner $142,500 New Conventional
Previous Owner $133,000 Unknown
Previous Owner $85,000 Unknown
Previous Owner $60,200 New Conventional
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/22/2025 08/22/25 Price Changed $248,000 -0.8% $295 / Sq Ft
06/04/2025 06/04/25 For Sale $250,000 +31.6% $298 / Sq Ft
02/02/2023 02/02/23 Sold $190,000 -12.8% $226 / Sq Ft
12/23/2022 12/23/22 Pending -- -- --
11/09/2022 11/09/22 Price Changed $218,000 -7.2% $260 / Sq Ft
11/08/2022 11/08/22 Price Changed $235,000 -9.6% $280 / Sq Ft
11/01/2022 11/01/22 Price Changed $260,000 +8.3% $310 / Sq Ft
09/08/2022 09/08/22 For Sale $240,000 -- $286 / Sq Ft
Source: MIAMI REALTORS® MLS

Tax History Compared to Growth

Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2025 $3,424 $183,452 -- --
2024 $2,505 $183,452 -- --
2023 $2,505 $112,406 $0 $0
2022 $2,133 $102,188 $0 $0
2021 $2,051 $92,899 $0 $0
2020 $1,898 $121,700 $0 $0
2019 $1,808 $121,673 $0 $0
2018 $1,671 $121,673 $0 $0
2017 $1,599 $63,453 $0 $0
2016 $1,545 $57,685 $0 $0
2015 $1,269 $52,441 $0 $0
2014 $1,072 $47,674 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MIAMI REALTORS® MLS

MLS Number: A11268030

MIAMI REALTORS® MLS

APN: 04-2027-078-0450