Pinewood Park Extension Homes for Sale

Pinewood Park Extension 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 $500,000 to $510,000. At least one resident per home must be 55 or older. Pure Equity lists homes in Pinewood Park Extension 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 Pinewood Park Extension 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 8 Pinewood Park Extension Miami homes for sale as of October 2026. The median asking price is $500,000. Asking prices run from $340,000 to $700,000.

That is 22% below the Miami median of $639,000. On a per-foot basis, homes here ask about $438 per square foot, compared with $497 across Miami. So the median price buys roughly 1,150 square feet of living area.

Listings here have averaged 62 days on the market. That is faster than the Miami average of 138 days. As a result, buyers here should be ready to write an offer soon after a showing.

Homes listed in Pinewood Park Extension date from 1959 to 1989. That puts them between 37 and 67 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 Pinewood Park Extension have a median asking rent of $2,390 per month, across 2 active rental listings. For comparison, the Miami median is $3,000, so rents here run 20% lower.

You can browse current Miami rentals or ask us for a rent estimate on a specific Pinewood Park Extension home.

Here is what the median Pinewood Park Extension 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 $1,400. Next, the intangible tax of 0.2% adds about $800. 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 $3,000 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 Pinewood Park Extension listings show assignments to Van E. Blanton (elementary), Madison (middle) and Miami Central (high). However, boundaries can change each year, so confirm the assignment for a specific address with Miami-Dade County Public Schools.