Silver Palm City Homes for Sale

Silver Palm City is a large-lot community in Homestead, Miami-Dade County, Florida. Parcels and homes are priced from $980,000 to $2,200,000. Properties feature oversized lots with room for pools and outbuildings. Our agents specialize in acreage transactions throughout Miami-Dade County.

Pure Equity Realty covers Silver Palm City 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 2 Silver Palm City Homestead homes for sale as of September 2026. The median asking price is $1.72M. Asking prices run from $1.25M to $2.2M.

That is 288% above the Homestead median of $445,000. On a per-foot basis, homes here ask about $454 per square foot, compared with $262 across Homestead. So the median price buys roughly 3,800 square feet of living area. With so few listings, though, treat these figures as a snapshot rather than a trend.

Listings here have averaged 168 days on the market. That is slower than the Homestead average of 123 days. Because of that, buyers often have more room to negotiate on price, repairs or closing costs.

Homes listed in Silver Palm City date from 1988 to 2020. That puts them between 6 and 38 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.

Here is what the median Silver Palm City price means in Florida closing terms. At $1.72M, a 20% down payment comes to about $345,000, leaving a loan near $1.38M.

Florida then taxes that loan twice. First, documentary stamp tax on the note runs 35 cents per $100, or about $4,829. Next, the intangible tax of 0.2% adds about $2,759. 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 $10,347 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 Silver Palm City listings show assignments to Redland (elementary), Redland (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.