Silver Palm Residential Homes for Sale

Silver Palm Residential is a residential community in Homestead, Florida.

Pure Equity Realty covers Silver Palm Residential 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 36 Silver Palm Residential Homestead homes for sale as of October 2026. The median asking price is $409,000. Asking prices run from $365,000 to $2.27M.

That is 9% below the Homestead median of $449,000. On a per-foot basis, homes here ask about $271 per square foot, roughly in line with the city at $265. So the median price buys roughly 1,500 square feet of living area.

Listings here have averaged 119 days on the market. That tracks the Homestead average of 119 days, so pricing and terms follow the wider city market.

Homes listed in Silver Palm Residential date from 2022, so they are about 4 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.

Silver Palm Residential 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 Silver Palm Residential have a median asking rent of $2,600 per month, across 21 active rental listings. That is close to the Homestead median of $2,500.

For investors, those medians imply a gross yield near 7.6% 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 Homestead rentals or ask us for a rent estimate on a specific Silver Palm Residential home.

Here is what the median Silver Palm Residential price means in Florida closing terms. At $409,000, a 20% down payment comes to about $82,000, leaving a loan near $327,000.

Florida then taxes that loan twice. First, documentary stamp tax on the note runs 35 cents per $100, or about $1,144. Next, the intangible tax of 0.2% adds about $654. 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 $2,452 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 Residential listings show assignments to Coconut Palm K-8 Academy (elementary) and Homestead (high). However, boundaries can change each year, so confirm the assignment for a specific address with Miami-Dade County Public Schools.