Mandarin Lakes Homes for Sale

Mandarin Lakes is a community in Homestead, Miami-Dade County, Florida. Active listings are priced from $320,000 to $647,500. Homes were built between 2006 and 2016. Pure Equity lists homes in Mandarin Lakes 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 Mandarin Lakes 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 20 Mandarin Lakes Homestead homes for sale as of October 2026. The median asking price is $448,000. Asking prices run from $339,000 to $630,000.

That sits close to the Homestead median of $445,000. On a per-foot basis, homes here ask about $212 per square foot, compared with $262 across Homestead. So the median price buys roughly 2,100 square feet of living area.

Listings here have averaged 45 days on the market. That is faster than the Homestead average of 124 days. As a result, buyers here should be ready to write an offer soon after a showing.

Homes listed in Mandarin Lakes date from 2006 to 2016. That puts them between 10 and 20 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 Mandarin Lakes have a median asking rent of $2,400 per month, across 7 active rental listings. That is close to the Homestead median of $2,500.

For investors, those medians imply a gross yield near 6.4% 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 Homestead rentals or ask us for a rent estimate on a specific Mandarin Lakes home.

Here is what the median Mandarin Lakes price means in Florida closing terms. At $448,000, a 20% down payment comes to about $90,000, leaving a loan near $358,000.

Florida then taxes that loan twice. First, documentary stamp tax on the note runs 35 cents per $100, or about $1,253. Next, the intangible tax of 0.2% adds about $716. 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 $2,685 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 Mandarin Lakes listings show assignments to Dr. William A. Chapman (elementary), Redland (middle) and Homestead (high). However, boundaries can change each year, so confirm the assignment for a specific address with Miami-Dade County Public Schools.