7400 W 20th Ave

Hialeah, FL 33016

$275,000

$267/ft²

2Beds

2.5Baths

1,030Sq ft

1987Year built

CondoType

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.

Property details

Listing

MLS #: A11970454
Status: For sale
Listed on: Feb 24, 2026
Days on market: 166 days
Listing data updated: Jul 29, 2026

Interior

Beds: 2
Baths: 2.5
Living area: 1,030 ft²
Price per ft²: $267/ft²
Unit: 402

Building & community

Type: Condo
Year built: 1987
HOA fee: $490/mo
County: Miami-Dade

Days on market, price per ft² and the monthly HOA amount are calculated by this site from the MLS data shown; the association fee is normalized to a monthly figure.

True monthly cost

Mortgage (principal & interest): $1,391
Property taxes (est.): $253
Home insurance (est.): $233
Flood insurance (est.): —
HOA fee: $490

Estimated total$2,367*/mo

* Some cost lines aren't available yet for this listing; the total shown is incomplete.

Based on 20% down, a 6.5% rate and a 30-year loan, plus this home's estimated Florida carrying costs. All figures are illustrative estimates — not quotes, not financial or insurance advice.

Sources: flood zone — FEMA National Flood Hazard Layer; mortgage, taxes and insurance figures — this site's own estimates; HOA / CDD — as reported for this listing.

What will this home really cost you?

Building structural health (SIRS)

No filing record found

We couldn't find a SIRS filing record for this building in Florida's public DBPR database. That is not a red flag by itself: buildings under three stories are exempt, recent or mailed-in filings may not appear yet, and the name or address on file may differ from this listing.

Questions about this

What is a SIRS and why does it matter?

Since the Surfside collapse, Florida requires condo and co-op buildings three stories or taller to complete a Structural Integrity Reserve Study: an inspection-based plan that forces the association to fund structural repairs (roof, load-bearing walls, plumbing, electrical) instead of deferring them. It matters because underfunded buildings are the ones that surprise owners with large special assessments.

Has this building filed its SIRS?

We didn't find a filing record for this building in the DBPR's public database. Absence of a record does not mean the building is out of compliance — it may be exempt (under three stories), the filing may be recent or on paper, or the recorded name/address may differ. It IS the right question to ask before offering.

What is a special assessment?

A one-off charge the association levies on every owner when reserves don't cover a needed repair — in older coastal buildings they have ranged from a few thousand to over $100,000 per unit. The SIRS exists precisely to make these predictable and funded in advance. Always review the building's budget, reserves and meeting minutes before buying.

What should I check before buying in this building?

Florida law gives buyers the right to review the association's SIRS, milestone inspection reports, budget and reserves — the full study is available from the association by written request. Nilyan requests and walks through these documents with her buyers as part of the offer process.

Source: Florida DBPR public SIRS reporting database. Filing status is self-reported by the association; this is not an audit, inspection or safety certification, and absence of a record does not mean non-compliance. Data as of July 30, 2026.

Want the full structural picture of this building before you offer?