Penn Cove Villas Homes for Sale

Penn Cove Villas is a residential community in Florida City, Florida.

Pure Equity Realty covers Penn Cove Villas 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 2 Penn Cove Villas Florida City homes for sale as of October 2026. The median asking price is $375,000. Asking prices run from $371,000 to $380,000.

That is 6% below the Florida City median of $400,000. On a per-foot basis, homes here ask about $254 per square foot, roughly in line with the city at $264. So the median price buys roughly 1,500 square feet of living area. With so few listings, though, treat these figures as a snapshot rather than a trend.

Listings here have averaged 14 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 Penn Cove Villas date from 2026, so they are about 0 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.

Penn Cove Villas 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.

Here is what the median Penn Cove Villas price means in Florida closing terms. At $375,000, a 20% down payment comes to about $75,000, leaving a loan near $300,000.

Florida then taxes that loan twice. First, documentary stamp tax on the note runs 35 cents per $100, or about $1,051. Next, the intangible tax of 0.2% adds about $601. 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 $2,253 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 Penn Cove Villas 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.