North Lake Estates Homes for Sale

North Lake Estates is a luxury waterfront, luxury community in Miami, Miami-Dade County, Florida. Properties are priced from $1,800,000 to $2,000,000. Pure Equity lists homes in North Lake Estates 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 North Lake Estates 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 North Lake Estates Miami homes for sale as of October 2026. The median asking price is $1.85M. Asking prices run from $1.7M to $2.0M.

That is 189% above the Miami median of $640,000. On a per-foot basis, homes here ask about $563 per square foot, compared with $507 across Miami. So the median price buys roughly 3,300 square feet of living area. With so few listings, though, treat these figures as a snapshot rather than a trend.

Listings here have averaged 82 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 North Lake Estates date from 1973 to 1974. That puts them between 52 and 53 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.

North Lake Estates 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.

At a median near $1.85M, North Lake Estates sits in the luxury tier of Miami. Jumbo financing and proof of funds usually come up early in these negotiations.

Here is what the median North Lake Estates price means in Florida closing terms. At $1.85M, a 20% down payment comes to about $370,000, leaving a loan near $1.48M.

Florida then taxes that loan twice. First, documentary stamp tax on the note runs 35 cents per $100, or about $5,173. Next, the intangible tax of 0.2% adds about $2,956. 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 $11,085 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 North Lake Estates listings show assignments to Virginia A. Boone / Highland Oaks (elementary), Highland Oaks (middle) and Dr. Michael M. Krop (high). However, boundaries can change each year, so confirm the assignment for a specific address with Miami-Dade County Public Schools.