King Park Homes for Sale

King Park is an age-restricted 55+ community in Miami, Miami-Dade County, Florida, governed under the Housing for Older Persons Act (HOPA). Homes are priced from $2,200,000 to $9,700,000. At least one resident per home must be 55 or older. Pure Equity lists homes in King Park 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 King Park and the Miami 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 King Park Miami homes for sale as of October 2026. The median asking price is $2.47M. Asking prices run from $2.45M to $2.5M.

That is 287% above the Miami median of $640,000. On a per-foot basis, homes here ask about $1,369 per square foot, compared with $507 across Miami. So the median price buys roughly 1,800 square feet of living area. With so few listings, though, treat these figures as a snapshot rather than a trend.

Listings here have averaged 33 days on the market. That is faster than the Miami average of 144 days. As a result, buyers here should be ready to write an offer soon after a showing.

Homes listed in King Park date from 1925 to 2026. That puts them between 0 and 101 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.

At a median near $2.47M, King Park sits in the luxury tier of Miami. Jumbo financing and proof of funds usually come up early in these negotiations.

Here is what the median King Park price means in Florida closing terms. At $2.47M, a 20% down payment comes to about $495,000, leaving a loan near $1.98M.

Florida then taxes that loan twice. First, documentary stamp tax on the note runs 35 cents per $100, or about $6,927. Next, the intangible tax of 0.2% adds about $3,958. 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 $14,844 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 King Park listings show assignments to Coconut Grove (elementary), Ponce De Leon (middle) and Coral Gables (high). However, boundaries can change each year, so confirm the assignment for a specific address with Miami-Dade County Public Schools.