Norwood Sub Homes for Sale

Norwood Sub is a community in Miami Gardens, Miami-Dade County, Florida. Active listings are priced from $460,000 to $529,000. Homes were built starting 1953. Pure Equity lists homes in Norwood Sub 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 Norwood Sub and the Miami Gardens 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 Norwood Sub Miami Gardens homes for sale as of October 2026. The median asking price is $529,000. Asking prices run from $445,000 to $554,000.

That sits close to the Miami Gardens median of $530,000. On a per-foot basis, homes here ask about $400 per square foot, compared with $350 across Miami Gardens. So the median price buys roughly 1,300 square feet of living area.

Listings here have averaged 83 days on the market. That tracks the Miami Gardens average of 94 days, so pricing and terms follow the wider city market.

Homes listed in Norwood Sub date from 1953, so they are about 73 years old.

All of these homes predate Florida's 2002 statewide building code. So roof age, window protection and the wind mitigation report matter a great deal for insurance.

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 Norwood Sub have a median asking rent of $3,600 per month, across 3 active rental listings. For comparison, the Miami Gardens median is $2,700, so rents here run 33% higher.

For investors, those medians imply a gross yield near 8.2% 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 Miami Gardens rentals or ask us for a rent estimate on a specific Norwood Sub home.

Here is what the median Norwood Sub price means in Florida closing terms. At $529,000, a 20% down payment comes to about $106,000, leaving a loan near $423,000.

Florida then taxes that loan twice. First, documentary stamp tax on the note runs 35 cents per $100, or about $1,481. Next, the intangible tax of 0.2% adds about $846. 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 $3,174 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 Norwood Sub listings show assignments to Norland (elementary), Norland (middle) and Miami Norland (high). However, boundaries can change each year, so confirm the assignment for a specific address with Miami-Dade County Public Schools.