Lofts At Mayfair Homes for Sale

Lofts At Mayfair Condo 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 $525,000 to $650,000. At least one resident per home must be 55 or older. Pure Equity lists homes in Lofts At Mayfair 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 Lofts At Mayfair 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 Lofts At Mayfair Miami homes for sale as of October 2026. The median asking price is $669,000. Asking prices run from $595,000 to $680,000.

That sits close to the Miami median of $645,000. On a per-foot basis, homes here ask about $847 per square foot, compared with $509 across Miami. So the median price buys roughly 800 square feet of living area.

Listings here have averaged 6 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 Lofts At Mayfair date from 2007, so they are about 19 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.

Lofts At Mayfair is a condo building. Also request the association budget, recent minutes and any special assessments before you sign.

Rentals in Lofts At Mayfair have a median asking rent of $5,300 per month, across 1 active rental listing. For comparison, the Miami median is $3,000, so rents here run 77% higher.

You can browse current Miami rentals or ask us for a rent estimate on a specific Lofts At Mayfair home.

Here is what the median Lofts At Mayfair price means in Florida closing terms. At $669,000, a 20% down payment comes to about $134,000, leaving a loan near $535,000.

Florida then taxes that loan twice. First, documentary stamp tax on the note runs 35 cents per $100, or about $1,873. Next, the intangible tax of 0.2% adds about $1,070. 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 $4,014 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 Lofts At Mayfair listings show assignments to Coconut Grove (elementary), Ponce De Leon (middle) and Coral Gables (high). However, boundaries can change each year, so confirm the assignment for a specific address with Miami-Dade County Public Schools.