Heritage Square Homes for Sale

Heritage Square Condo is a community in Palmetto Bay, Miami-Dade County, Florida. Active listings are priced from $320,000 to $379,000. Homes were built starting 1974. Pure Equity lists homes in Heritage Square 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 Heritage Square and the Palmetto Bay 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 Heritage Square Palmetto Bay homes for sale as of October 2026. The median asking price is $333,000. Asking prices run from $330,000 to $335,000.

That is 78% below the Palmetto Bay median of $1.5M. On a per-foot basis, homes here ask about $203 per square foot, compared with $560 across Palmetto Bay. So the median price buys roughly 1,650 square feet of living area. With so few listings, though, treat these figures as a snapshot rather than a trend.

Listings here have averaged 165 days on the market. That is slower than the Palmetto Bay average of 95 days. Because of that, buyers often have more room to negotiate on price, repairs or closing costs.

Homes listed in Heritage Square date from 1974, so they are about 52 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 Heritage Square have a median asking rent of $2,738 per month, across 2 active rental listings. That is close to the Palmetto Bay median of $2,788.

You can browse current Palmetto Bay rentals or ask us for a rent estimate on a specific Heritage Square home.

Here is what the median Heritage Square price means in Florida closing terms. At $333,000, a 20% down payment comes to about $67,000, leaving a loan near $266,000.

Florida then taxes that loan twice. First, documentary stamp tax on the note runs 35 cents per $100, or about $931. Next, the intangible tax of 0.2% adds about $532. 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 $1,995 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 Heritage Square listings show assignments to Dr. Henry E. Perrine Academy Of The Arts (elementary) and Miami Palmetto (high). However, boundaries can change each year, so confirm the assignment for a specific address with Miami-Dade County Public Schools.