River Club Townhouse Cond Homes for Sale

River Club Townhouse Cond 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 $399,000 to $424,999. At least one resident per home must be 55 or older. Pure Equity lists homes in River Club Townhouse Cond 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 River Club Townhouse Cond 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 3 River Club Townhouse Cond Miami homes for sale as of October 2026. The median asking price is $380,000. Asking prices run from $370,000 to $385,000.

That is 41% below the Miami median of $640,000. On a per-foot basis, homes here ask about $380 per square foot, compared with $507 across Miami. So the median price buys roughly 1,000 square feet of living area.

Listings here have averaged 174 days on the market. That is slower than the Miami average of 144 days. Because of that, buyers often have more room to negotiate on price, repairs or closing costs.

Homes listed in River Club Townhouse Cond date from 1983, so they are about 43 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.

River Club Townhouse Cond includes waterfront homes. Waterfront lots in South Florida often sit in FEMA special flood hazard areas, where lenders require flood insurance. Before you commit, look up the address on the FEMA Flood Map Service Center and ask the seller for an elevation certificate.

Rentals in River Club Townhouse Cond have a median asking rent of $2,400 per month, across 1 active rental listing. 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 River Club Townhouse Cond home.

Here is what the median River Club Townhouse Cond price means in Florida closing terms. At $380,000, a 20% down payment comes to about $76,000, leaving a loan near $304,000.

Florida then taxes that loan twice. First, documentary stamp tax on the note runs 35 cents per $100, or about $1,064. Next, the intangible tax of 0.2% adds about $608. 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 $2,280 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 River Club Townhouse Cond listings show assignments to Citrus Grove (Miami-Dade) (elementary), Citrus Grove (middle) and Miami Jackson (high). However, boundaries can change each year, so confirm the assignment for a specific address with Miami-Dade County Public Schools.