Richmond Heights Estates Homes for Sale

Richmond Heights Estates and Richmond Heights are the same community in Miami. Buyers know it as Richmond Heights Estates, while MLS records file it as Richmond Heights. The neighborhood is a community located in Miami-Dade County, Florida. Active listings run from $525,000 to $680,000, about $476 per square foot, averaging 104 days on market. Construction dates from 1945 to 1959. 7 homes are currently for sale. Pure Equity lists homes in Richmond Heights Estates 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 Richmond Heights Estates 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 a single listing for Richmond Heights Estates Miami homes for sale as of October 2026. The median asking price is $525,000.

That is 19% below the Miami median of $645,000. On a per-foot basis, homes here ask about $504 per square foot, roughly in line with the city at $509. So the median price buys roughly 1,050 square feet of living area. With so few listings, though, treat these figures as a snapshot rather than a trend.

Listings here have averaged 77 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 Richmond Heights Estates date from 1959, so they are about 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 Richmond Heights Estates have a median asking rent of $1,424 per month, across 2 active rental listings. For comparison, the Miami median is $3,000, so rents here run 53% lower.

You can browse current Miami rentals or ask us for a rent estimate on a specific Richmond Heights Estates home.

Here is what the median Richmond Heights Estates price means in Florida closing terms. At $525,000, a 20% down payment comes to about $105,000, leaving a loan near $420,000.

Florida then taxes that loan twice. First, documentary stamp tax on the note runs 35 cents per $100, or about $1,470. Next, the intangible tax of 0.2% adds about $840. 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 $3,150 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 Richmond Heights Estates listings show assignments to Frank C. Martin K-8 (elementary), Arvida (middle) and Miami Killian (high). However, boundaries can change each year, so confirm the assignment for a specific address with Miami-Dade County Public Schools.