Towngate Condo Seven Homes for Sale

Towngate Condo Seven is a residential community in Homestead, Florida.

Pure Equity Realty covers Towngate Condo Seven 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 Towngate Condo Seven Homestead homes for sale as of September 2026. The median asking price is $325,000. Asking prices run from $255,000 to $400,000.

That is 28% below the Homestead median of $449,000. On a per-foot basis, homes here ask about $214 per square foot, compared with $265 across Homestead. So the median price buys roughly 1,500 square feet of living area.

Listings here have averaged 85 days on the market. That is faster than the Homestead average of 119 days. As a result, buyers here should be ready to write an offer soon after a showing.

Homes listed in Towngate Condo Seven date from 2003, so they are about 23 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.

Rentals in Towngate Condo Seven have a median asking rent of $2,475 per month, across 4 active rental listings. That is close to the Homestead median of $2,500.

For investors, those medians imply a gross yield near 9.1% 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 Towngate Condo Seven home.

Here is what the median Towngate Condo Seven price means in Florida closing terms. At $325,000, a 20% down payment comes to about $65,000, leaving a loan near $260,000.

Florida then taxes that loan twice. First, documentary stamp tax on the note runs 35 cents per $100, or about $910. Next, the intangible tax of 0.2% adds about $520. 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 $1,950 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 Towngate Condo Seven listings show assignments to Gateway Environmental K-8 Learning Center (elementary), Homestead (middle) and Homestead (high). However, boundaries can change each year, so confirm the assignment for a specific address with Miami-Dade County Public Schools.