Bluewaters Subdivision Homes for Sale

Bluewaters Subdivision is an age-restricted 55+ community in Homestead, Miami-Dade County, Florida, governed under the Housing for Older Persons Act (HOPA). Homes are priced from $387,000 to $675,000. At least one resident per home must be 55 or older. Pure Equity lists homes in Bluewaters Subdivision 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 Bluewaters Subdivision and the Homestead 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 6 Bluewaters Subdivision Homestead homes for sale as of October 2026. The median asking price is $394,000. Asking prices run from $369,000 to $620,000.

That is 12% below the Homestead median of $449,000. On a per-foot basis, homes here ask about $243 per square foot, compared with $265 across Homestead. So the median price buys roughly 1,600 square feet of living area.

Listings here have averaged 144 days on the market. That is slower than the Homestead average of 119 days. Because of that, buyers often have more room to negotiate on price, repairs or closing costs.

Homes listed in Bluewaters Subdivision date from 2005 to 2006. That puts them between 20 and 21 years old.

Every one of these homes went up after Florida adopted its statewide building code in 2002. In practice, that usually means impact-rated openings and stronger roof attachment. A wind mitigation inspection documents those features, and Florida insurers must offer premium discounts for them.

Rentals in Bluewaters Subdivision have a median asking rent of $2,700 per month, across 5 active rental listings. For comparison, the Homestead median is $2,500, so rents here run 8% higher.

For investors, those medians imply a gross yield near 8.2% 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 Homestead rentals or ask us for a rent estimate on a specific Bluewaters Subdivision home.

Here is what the median Bluewaters Subdivision price means in Florida closing terms. At $394,000, a 20% down payment comes to about $79,000, leaving a loan near $315,000.

Florida then taxes that loan twice. First, documentary stamp tax on the note runs 35 cents per $100, or about $1,103. Next, the intangible tax of 0.2% adds about $630. 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 $2,364 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 Bluewaters Subdivision listings show assignments to Goulds (elementary), Cutler Bay Middle (middle) and Homestead (high). However, boundaries can change each year, so confirm the assignment for a specific address with Miami-Dade County Public Schools.