Towngate North Homes for Sale

Towngate North 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 $355,000 to $389,997. At least one resident per home must be 55 or older. Pure Equity lists homes in Towngate North 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 Towngate North 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 11 Towngate North Homestead homes for sale as of October 2026. The median asking price is $290,000. Asking prices run from $244,000 to $449,000.

That is 35% below the Homestead median of $445,000. On a per-foot basis, homes here ask about $187 per square foot, compared with $262 across Homestead. So the median price buys roughly 1,550 square feet of living area.

Listings here have averaged 138 days on the market. That tracks the Homestead average of 124 days, so pricing and terms follow the wider city market.

Homes listed in Towngate North 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.

Towngate North 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.

Rentals in Towngate North have a median asking rent of $2,499 per month, across 3 active rental listings. That is close to the Homestead median of $2,500.

For investors, those medians imply a gross yield near 10.3% 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 Towngate North home.

Here is what the median Towngate North price means in Florida closing terms. At $290,000, a 20% down payment comes to about $58,000, leaving a loan near $232,000.

Florida then taxes that loan twice. First, documentary stamp tax on the note runs 35 cents per $100, or about $812. Next, the intangible tax of 0.2% adds about $464. 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 $1,740 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 Towngate North listings show assignments to Gateway Environmental K-8 Learning Center (elementary), Homestead (middle) and Homestead (high). However, boundaries can change each year, so confirm the assignment for a specific address with Miami-Dade County Public Schools.