Residencial El Prado Cond Homes for Sale

Residencial El Prado Cond is a residential community in Hialeah, Florida.

Pure Equity Realty covers Residencial El Prado Cond and the Hialeah 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 3 Residencial El Prado Cond Hialeah homes for sale as of October 2026. The median asking price is $270,000. Asking prices run from $230,000 to $300,000.

That is 44% below the Hialeah median of $480,000. On a per-foot basis, homes here ask about $309 per square foot, roughly in line with the city at $324. So the median price buys roughly 850 square feet of living area.

Listings here have averaged 14 days on the market. That is faster than the Hialeah average of 121 days. As a result, buyers here should be ready to write an offer soon after a showing.

Homes listed in Residencial El Prado Cond date from 1986 to 1987. That puts them between 39 and 40 years old.

All of these homes predate Florida's 2002 statewide building code. So roof age, window protection and the wind mitigation report matter a great deal for insurance.

In addition, most Florida insurers ask for a four-point inspection on homes 30 years or older. It covers the roof, electrical, plumbing and HVAC. Updated systems usually make coverage easier to place.

Condo buyers should also know Florida's 2022 condo safety law. It requires milestone structural inspections for buildings three stories or taller as they age. It also requires a structural integrity reserve study. Before you sign, request both reports and the current reserve balance.

Residencial El Prado Cond is a condo building. Also request the association budget, recent minutes and any special assessments before you sign.

Rentals in Residencial El Prado Cond have a median asking rent of $2,600 per month, across 7 active rental listings. For comparison, the Hialeah median is $2,250, so rents here run 16% higher.

For investors, those medians imply a gross yield near 11.6% a year. However, that figure comes before HOA dues, property tax, insurance and vacancy. Also check the association documents first, because many Florida HOAs cap leases or set minimum terms.

You can browse current Hialeah rentals or ask us for a rent estimate on a specific Residencial El Prado Cond home.

Here is what the median Residencial El Prado Cond price means in Florida closing terms. At $270,000, a 20% down payment comes to about $54,000, leaving a loan near $216,000.

Florida then taxes that loan twice. First, documentary stamp tax on the note runs 35 cents per $100, or about $756. Next, the intangible tax of 0.2% adds about $432. 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 $1,620 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 Residencial El Prado Cond listings show assignments to Ernest R Graham K-8 (elementary), Miami Lakes (middle) and Hialeah Gardens (high). However, boundaries can change each year, so confirm the assignment for a specific address with Miami-Dade County Public Schools.