Fairmont Park Homes for Sale

Fairmont Park is an age-restricted 55+ community in Miami, Miami-Dade County, Florida, governed under the Housing for Older Persons Act (HOPA). Homes are priced from $1,500,000 to $1,900,000. At least one resident per home must be 55 or older. Pure Equity lists homes in Fairmont Park 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 Fairmont Park 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 3 Fairmont Park Miami homes for sale as of September 2026. The median asking price is $1.68M. Asking prices run from $1.45M to $2.15M.

That is 162% above the Miami median of $640,000. On a per-foot basis, homes here ask about $575 per square foot, compared with $508 across Miami. So the median price buys roughly 2,900 square feet of living area.

Listings here have averaged 226 days on the market. That is slower than the Miami average of 143 days. Because of that, buyers often have more room to negotiate on price, repairs or closing costs.

Homes listed in Fairmont Park date from 2010 to 2026. That puts them between 0 and 16 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.

Fairmont Park has new construction. Builders usually require your agent to register you on the first visit, so bring your agent or call us before you walk in.

At a median near $1.68M, Fairmont Park sits in the luxury tier of Miami. Jumbo financing and proof of funds usually come up early in these negotiations.

Rentals in Fairmont Park have a median asking rent of $2,375 per month, across 1 active rental listing. For comparison, the Miami median is $3,000, so rents here run 21% lower.

You can browse current Miami rentals or ask us for a rent estimate on a specific Fairmont Park home.

Here is what the median Fairmont Park price means in Florida closing terms. At $1.68M, a 20% down payment comes to about $335,000, leaving a loan near $1.34M.

Florida then taxes that loan twice. First, documentary stamp tax on the note runs 35 cents per $100, or about $4,693. Next, the intangible tax of 0.2% adds about $2,682. 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 $10,056 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 Fairmont Park listings show assignments to Shenandoah (elementary), Shenandoah (middle) and Miami (high). However, boundaries can change each year, so confirm the assignment for a specific address with Miami-Dade County Public Schools.