Downer Palms Div Homes for Sale

Downer Palms Div is a residential community in Homestead, Florida.

Pure Equity Realty covers Downer Palms Div and the Homestead 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 Downer Palms Div Homestead homes for sale as of October 2026. The median asking price is $580,000. Asking prices run from $460,000 to $780,000.

That is 30% above the Homestead median of $445,000. On a per-foot basis, homes here ask about $418 per square foot, compared with $262 across Homestead. So the median price buys roughly 1,400 square feet of living area.

Listings here have averaged 83 days on the market. That is faster than the Homestead average of 124 days. As a result, buyers here should be ready to write an offer soon after a showing.

Homes listed in Downer Palms Div date from 1950 to 2024. That puts them between 2 and 76 years old.

The range straddles 2002, when Florida adopted its statewide building code. Therefore two similar-looking homes here can carry very different insurance premiums. Ask for the wind mitigation report on any home you consider, since it drives much of that difference.

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.

Rentals in Downer Palms Div have a median asking rent of $1,400 per month, across 2 active rental listings. For comparison, the Homestead median is $2,500, so rents here run 44% lower.

You can browse current Homestead rentals or ask us for a rent estimate on a specific Downer Palms Div home.

Here is what the median Downer Palms Div price means in Florida closing terms. At $580,000, a 20% down payment comes to about $116,000, leaving a loan near $464,000.

Florida then taxes that loan twice. First, documentary stamp tax on the note runs 35 cents per $100, or about $1,624. Next, the intangible tax of 0.2% adds about $928. 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 $3,480 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 Downer Palms Div listings show assignments to Avocado (elementary), South Dade (middle) and South Dade (high). However, boundaries can change each year, so confirm the assignment for a specific address with Miami-Dade County Public Schools.