Royal Palm Harbor 2nd Add Homes for Sale

Royal Palm Harbor 2nd Add is a residential community in Palmetto Bay, Florida. Active listings are currently priced from $1.9M–$1.9M.

Pure Equity Realty covers Royal Palm Harbor 2nd Add 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 a single listing for Royal Palm Harbor 2nd Add Palmetto Bay homes for sale as of October 2026. The median asking price is $1.9M.

That is 27% above the Palmetto Bay median of $1.5M. On a per-foot basis, homes here ask about $637 per square foot, compared with $560 across Palmetto Bay. So the median price buys roughly 3,000 square feet of living area. With so few listings, though, treat these figures as a snapshot rather than a trend.

Listings here have averaged 14 days on the market. That is faster than the Palmetto Bay average of 95 days. As a result, buyers here should be ready to write an offer soon after a showing.

Homes listed in Royal Palm Harbor 2nd Add date from 1968, so they are about 58 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 Royal Palm Harbor 2nd Add have a median asking rent of $13,500 per month, across 1 active rental listing. For comparison, the Palmetto Bay median is $2,788, so rents here run 384% higher.

You can browse current Palmetto Bay rentals or ask us for a rent estimate on a specific Royal Palm Harbor 2nd Add home.

Here is what the median Royal Palm Harbor 2nd Add price means in Florida closing terms. At $1.9M, a 20% down payment comes to about $380,000, leaving a loan near $1.52M.

Florida then taxes that loan twice. First, documentary stamp tax on the note runs 35 cents per $100, or about $5,320. Next, the intangible tax of 0.2% adds about $3,040. 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 $11,400 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.