Lago Mar South 2nd Homes for Sale

Lago Mar South 2nd Addn is a community in Miami, Miami-Dade County, Florida. Active listings are priced from $610,000 to $670,000. Homes were built between 1997 and 1998. Pure Equity lists homes in Lago Mar South 2nd 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 Lago Mar South 2nd 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 Lago Mar South 2nd Miami homes for sale as of October 2026. The median asking price is $728,000. Asking prices run from $625,000 to $830,000.

That is 13% above the Miami median of $645,000. On a per-foot basis, homes here ask about $380 per square foot, compared with $509 across Miami. So the median price buys roughly 1,900 square feet of living area. With so few listings, though, treat these figures as a snapshot rather than a trend.

Listings here have averaged 48 days on the market. That is faster than the Miami average of 144 days. As a result, buyers here should be ready to write an offer soon after a showing.

Homes listed in Lago Mar South 2nd date from 1997 to 1998. That puts them between 28 and 29 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.

Rentals in Lago Mar South 2nd have a median asking rent of $3,800 per month, across 1 active rental listing. For comparison, the Miami median is $3,000, so rents here run 27% higher.

You can browse current Miami rentals or ask us for a rent estimate on a specific Lago Mar South 2nd home.

Here is what the median Lago Mar South 2nd price means in Florida closing terms. At $728,000, a 20% down payment comes to about $146,000, leaving a loan near $582,000.

Florida then taxes that loan twice. First, documentary stamp tax on the note runs 35 cents per $100, or about $2,037. Next, the intangible tax of 0.2% adds about $1,164. 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 $4,365 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 Lago Mar South 2nd listings show assignments to Dante B. Fascell (elementary), Hammocks (middle) and Felix Varela (high). However, boundaries can change each year, so confirm the assignment for a specific address with Miami-Dade County Public Schools.