Lake Estates Homes for Sale

Lake Estates is a luxury waterfront, luxury community in Fort Lauderdale, Broward County, Florida. Properties are priced from $1,900,000 to $3,700,000. Pure Equity lists homes in Lake 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 Lake Estates and the Fort Lauderdale 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 3 Lake Estates Fort Lauderdale homes for sale as of October 2026. The median asking price is $1.85M. Asking prices run from $1.79M to $1.9M.

That is 166% above the Fort Lauderdale median of $694,000. On a per-foot basis, homes here ask about $822 per square foot, compared with $467 across Fort Lauderdale. So the median price buys roughly 2,250 square feet of living area.

Listings here have averaged 152 days on the market. That tracks the Fort Lauderdale average of 145 days, so pricing and terms follow the wider city market.

Homes listed in Lake Estates date from 1964 to 1983. That puts them between 43 and 62 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.

Lake 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 $1.85M, Lake Estates sits in the luxury tier of Fort Lauderdale. Jumbo financing and proof of funds usually come up early in these negotiations.

Rentals in Lake Estates have a median asking rent of $6,840 per month, across 3 active rental listings. For comparison, the Fort Lauderdale median is $2,700, so rents here run 153% higher.

For investors, those medians imply a gross yield near 4.4% a year. However, that figure comes before HOA dues, property tax, insurance and vacancy. Also check the association documents first, because many Florida HOAs cap leases or set minimum terms.

You can browse current Fort Lauderdale rentals or ask us for a rent estimate on a specific Lake Estates home.

Here is what the median Lake Estates price means in Florida closing terms. At $1.85M, a 20% down payment comes to about $370,000, leaving a loan near $1.48M.

Florida then taxes that loan twice. First, documentary stamp tax on the note runs 35 cents per $100, or about $5,180. Next, the intangible tax of 0.2% adds about $2,960. Buyers normally pay both at closing.

On the seller side, Florida deed stamps cost 70 cents per $100 of price. At the Lake Estates median, that is about $12,950.

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 Lake Estates listings show assignments to McNab (elementary), Pompano Beach (middle) and Northeast (high). However, boundaries can change each year, so confirm the assignment for a specific address with Broward County Public Schools.