Atlantic Luxury Advisors
Under contract. Ask us to watch it: if it comes back on the market, you hear first.
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29 photos

7400 20th Ave #402

Hialeah, FL 33016

$275,000
2
2.5
1,030 sq ft
1987
Condominium
$490/mo
189
Active Under Contract

Listing courtesy of Coldwell Banker Realty (Gredys Companioni). Contact: [email protected].

About this home

Rare bi-level, two-bedroom/2.5 bathroom, corner unit penthouse condo! Built in 1987. Association carries reserves. Milestone inspections completed. No assessments. 2023 ROOF! Only 4 of this model exist in Royal Palms, and this is the larger 1030 sq ft end unit! The entry is on the 4th floor with an open living/dining area and a half bath. Downstairs are two bedrooms, each with a full bath and walk-in closet. This unit has an end-of-hall location for great privacy and is less than 20 steps to the side staircase, leading you near the complex entrance and your TWO ASSIGNED parking spots. Additional parking spots can be leased. Ample visitor parking is near the pool/spa area. Located 0.4 miles from Palmetto Hospital and situated alongside Palmetto Expressway for easy commutes. Near shopping malls, schools, Miami Dade College, restaurants, and medical offices. Zoned for excellent schools. Pet friendly. $250 fee for pets (dogs, cats, birds.) Maintenance includes water. Clear hurricane protection panels attached to the windows. Reserve contributions equal about 12.5% of the annual budget. A SIRS (reserve study) has been completed. The budget is funding the reserve plan identified by the engineer.

What it costs to own
Estimated monthly payment
$2,417/mo
Principal and interest
$1,391
Property tax
$361
Homeowners insurance
$175
HOA
$490

An estimate, not a loan offer. The rate and insurance are assumptions to edit with your own quotes; Florida insurance varies widely by age, construction and distance to the coast. Flood insurance and PMI are not included.

Florida cost of ownership
Estimated property tax
$4,326/yr

Estimate: the price times the Miami-Dade County average total millage (18.49 mills, Florida Department of Revenue, 2025 average total millage by county), less the homestead exemptions. The actual bill depends on the city, the assessed value and special assessments. Save Our Homes then caps annual assessment increases at 3% or inflation, whichever is lower.

HOA
$490/mo (from the listing)
FEMA flood zone
Zone X, minimal risk

Outside the special flood hazard area. Flood insurance is optional.

Hurricane evacuation zone
Not in a designated evacuation zone

Sources: FEMA National Flood Hazard Layer and the Florida Division of Emergency Management evacuation zones, looked up at the listing point. Confirm with an elevation certificate and your insurer.

Location

Listing data provided by the Southeast Florida Multiple Listing Service (MIAMI REALTORS®). The data is deemed reliable but is not guaranteed accurate by the MLS. IDX information is provided exclusively for consumers' personal, non-commercial use, may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing, and is deemed reliable but is not guaranteed accurate by the MLS. Atlantic Luxury Advisors is a real estate team at Keller Williams Realty. Payment, tax and flood figures on this page are estimates by Atlantic Luxury Advisors, not MLS data.