Alligator Sub Homes for Sale

Alligator Sub is a community in Miami, Miami-Dade County, Florida. Active listings are priced from $875,000 to $1,200,000. Homes were built starting 1989. Pure Equity lists homes in Alligator Sub 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 Alligator Sub and the Miami 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 Alligator Sub Miami homes for sale as of October 2026. The median asking price is $972,000. Asking prices run from $849,000 to $1.09M.

That is 52% above the Miami median of $640,000. On a per-foot basis, homes here ask about $418 per square foot, compared with $507 across Miami. So the median price buys roughly 2,350 square feet of living area. With so few listings, though, treat these figures as a snapshot rather than a trend.

Listings here have averaged 208 days on the market. That is slower than the Miami average of 144 days. Because of that, buyers often have more room to negotiate on price, repairs or closing costs.

Homes listed in Alligator Sub date from 1989, so they are about 37 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.

Here is what the median Alligator Sub price means in Florida closing terms. At $972,000, a 20% down payment comes to about $194,000, leaving a loan near $778,000.

Florida then taxes that loan twice. First, documentary stamp tax on the note runs 35 cents per $100, or about $2,722. Next, the intangible tax of 0.2% adds about $1,555. 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 $5,832 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 Alligator Sub listings show assignments to Greenglade (elementary), W. R. Thomas (middle) and G. Holmes Braddock (high). However, boundaries can change each year, so confirm the assignment for a specific address with Miami-Dade County Public Schools.