Soars River Estates Homes for Sale

Soars River Estates is a luxury waterfront, luxury community in El Portal, Miami-Dade County, Florida. Properties are priced from $1,400,000 to $2,200,000. Pure Equity lists homes in Soars River Estates 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 Soars River Estates and the El Portal 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 Soars River Estates El Portal homes for sale as of September 2026. The median asking price is $1.3M.

That is 9% above the El Portal median of $1.19M. On a per-foot basis, homes here ask about $929 per square foot, compared with $691 across El Portal. So the median price buys roughly 1,400 square feet of living area. With so few listings, though, treat these figures as a snapshot rather than a trend.

Listings here have averaged 50 days on the market. That is faster than the El Portal average of 103 days. As a result, buyers here should be ready to write an offer soon after a showing.

Homes listed in Soars River Estates date from 1956 to 1970. That puts them between 56 and 70 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.

Soars River Estates 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.

At a median near $1.3M, Soars River Estates sits in the luxury tier of El Portal. Jumbo financing and proof of funds usually come up early in these negotiations.

Here is what the median Soars River Estates price means in Florida closing terms. At $1.3M, a 20% down payment comes to about $260,000, 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 $3,640. Next, the intangible tax of 0.2% adds about $2,080. 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 $7,800 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 Soars River Estates listings show assignments to Hubert O. Sibley K-8 Academy (elementary), Horace Mann (middle) and Miami Edison (high). However, boundaries can change each year, so confirm the assignment for a specific address with Miami-Dade County Public Schools.