Palm Cay Homes for Sale

Palm Cay is a community in Florida City, Miami-Dade County, Florida. Active listings are priced from $335,000 to $483,990. Homes were built between 2024 and 2026. Pure Equity lists homes in Palm Cay and represents buyers. Commission is negotiable, and what we are paid is agreed with you in writing before you commit to anything.

Pure Equity Realty covers Palm Cay and the Florida City area. We list for 1%, which includes photography, MLS syndication, and negotiation support. Buyers pay nothing for representation. For current market data, see Florida Realtors' market statistics.

Our MLS feed shows 10 Palm Cay Florida City homes for sale as of October 2026. The median asking price is $385,000. Asking prices run from $379,000 to $416,000.

That sits close to the Florida City median of $400,000. On a per-foot basis, homes here ask about $274 per square foot, roughly in line with the city at $264. So the median price buys roughly 1,400 square feet of living area.

Listings here have averaged 85 days on the market. That is faster than the Florida City average of 121 days. As a result, buyers here should be ready to write an offer soon after a showing.

Homes listed in Palm Cay date from 2024 to 2026. That puts them between 0 and 2 years old.

Every one of these homes went up after Florida adopted its statewide building code in 2002. In practice, that usually means impact-rated openings and stronger roof attachment. A wind mitigation inspection documents those features, and Florida insurers must offer premium discounts for them.

Palm Cay has new construction. Builders usually require your agent to register you on the first visit, so bring your agent or call us before you walk in.

Rentals in Palm Cay have a median asking rent of $2,525 per month, across 2 active rental listings. That is close to the Florida City median of $2,625.

You can browse current Florida City rentals or ask us for a rent estimate on a specific Palm Cay home.

Here is what the median Palm Cay price means in Florida closing terms. At $385,000, a 20% down payment comes to about $77,000, leaving a loan near $308,000.

Florida then taxes that loan twice. First, documentary stamp tax on the note runs 35 cents per $100, or about $1,078. Next, the intangible tax of 0.2% adds about $616. Buyers normally pay both at closing.

On the seller side, Miami-Dade charges deed stamps of 60 cents per $100 on a single-family home, about $2,310 at this price. Condos and other property types pay a higher rate.

Finally, owner-occupants should file for the Florida homestead exemption by March 1. It removes up to $50,000 of assessed value. After that, Save Our Homes caps yearly assessment increases at 3% or inflation, whichever is lower. To see what these numbers mean for your budget, get pre-approved before you tour.

Recent Palm Cay listings show assignments to Campbell Drive K-8 (elementary), Homestead (middle) and Homestead (high). However, boundaries can change each year, so confirm the assignment for a specific address with Miami-Dade County Public Schools.