Silver Palm West Homes for Sale

Silver Palm West is an age-restricted 55+ community in Homestead, Miami-Dade County, Florida, governed under the Housing for Older Persons Act (HOPA). Homes are priced from $420,000 to $649,900. At least one resident per home must be 55 or older. Pure Equity lists homes in Silver Palm West and represents buyers. Commission is negotiable, and what we are paid is agreed with you in writing before you commit to anything.

Pure Equity Realty covers Silver Palm West 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 8 Silver Palm West Homestead homes for sale as of October 2026. The median asking price is $500,000. Asking prices run from $420,000 to $695,000.

That is 11% above the Homestead median of $449,000. On a per-foot basis, homes here ask about $270 per square foot, roughly in line with the city at $265. So the median price buys roughly 1,850 square feet of living area.

Listings here have averaged 34 days on the market. That is faster than the Homestead average of 118 days. As a result, buyers here should be ready to write an offer soon after a showing.

Homes listed in Silver Palm West date from 2015 to 2016. That puts them between 10 and 11 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 West 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 West have a median asking rent of $2,700 per month, across 3 active rental listings. For comparison, the Homestead median is $2,500, so rents here run 8% higher.

For investors, those medians imply a gross yield near 6.5% 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 West home.

Here is what the median Silver Palm West price means in Florida closing terms. At $500,000, a 20% down payment comes to about $100,000, leaving a loan near $400,000.

Florida then taxes that loan twice. First, documentary stamp tax on the note runs 35 cents per $100, or about $1,399. Next, the intangible tax of 0.2% adds about $799. 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 $2,997 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 West 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.