Marina Palms Residences Homes for Sale

Marina Palms Residences is a luxury waterfront, luxury community in North Miami Beach, Miami-Dade County, Florida. Properties are priced from $1,200,000 to $1,500,000. Pure Equity lists homes in Marina Palms Residences 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 Marina Palms Residences and the North Miami Beach 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 40 Marina Palms Residences North Miami Beach homes for sale as of October 2026. The median asking price is $1.29M. Asking prices run from $850,000 to $2.95M.

That is 154% above the North Miami Beach median of $510,000. On a per-foot basis, homes here ask about $685 per square foot, compared with $411 across North Miami Beach. So the median price buys roughly 1,900 square feet of living area.

Listings here have averaged 185 days on the market. That tracks the North Miami Beach average of 169 days, so pricing and terms follow the wider city market.

Homes listed in Marina Palms Residences date from 2015 to 2017. That puts them between 9 and 11 years old.

Every one of these homes went up after Florida adopted its statewide building code in 2002. In practice, that usually means impact-rated openings and stronger roof attachment. A wind mitigation inspection documents those features, and Florida insurers must offer premium discounts for them.

Marina Palms Residences 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.

Marina Palms Residences has new construction. Builders usually require your agent to register you on the first visit, so bring your agent or call us before you walk in.

At a median near $1.29M, Marina Palms Residences sits in the luxury tier of North Miami Beach. Jumbo financing and proof of funds usually come up early in these negotiations.

Rentals in Marina Palms Residences have a median asking rent of $6,825 per month, across 16 active rental listings. For comparison, the North Miami Beach median is $2,350, so rents here run 190% higher.

For investors, those medians imply a gross yield near 6.3% 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 North Miami Beach rentals or ask us for a rent estimate on a specific Marina Palms Residences home.

Here is what the median Marina Palms Residences price means in Florida closing terms. At $1.29M, a 20% down payment comes to about $259,000, leaving a loan near $1.04M.

Florida then taxes that loan twice. First, documentary stamp tax on the note runs 35 cents per $100, or about $3,626. Next, the intangible tax of 0.2% adds about $2,072. 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 $7,770 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 Marina Palms Residences listings show assignments to Ojus (elementary), John F. Kennedy (Miami-Dade) (middle) and Dr. Michael M. Krop (high). However, boundaries can change each year, so confirm the assignment for a specific address with Miami-Dade County Public Schools.