Monarch Lakes Homes for Sale

Monarch Lakes is a residential community in Miramar, Florida.

Pure Equity Realty covers Monarch Lakes and the Miramar 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 7 Monarch Lakes Miramar homes for sale as of October 2026. The median asking price is $699,000. Asking prices run from $465,000 to $1.0M.

That is 28% above the Miramar median of $545,000. On a per-foot basis, homes here ask about $355 per square foot, compared with $321 across Miramar. So the median price buys roughly 1,950 square feet of living area.

Listings here have averaged 35 days on the market. That is faster than the Miramar average of 99 days. As a result, buyers here should be ready to write an offer soon after a showing.

Homes listed in Monarch Lakes date from 2002, so they are about 24 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.

Rentals in Monarch Lakes have a median asking rent of $4,000 per month, across 1 active rental listing. For comparison, the Miramar median is $2,700, so rents here run 48% higher.

You can browse current Miramar rentals or ask us for a rent estimate on a specific Monarch Lakes home.

Here is what the median Monarch Lakes price means in Florida closing terms. At $699,000, a 20% down payment comes to about $140,000, leaving a loan near $559,000.

Florida then taxes that loan twice. First, documentary stamp tax on the note runs 35 cents per $100, or about $1,957. Next, the intangible tax of 0.2% adds about $1,118. Buyers normally pay both at closing.

On the seller side, Florida deed stamps cost 70 cents per $100 of price. At the Monarch Lakes median, that is about $4,893.

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 Monarch Lakes listings show assignments to Coconut Palm (elementary), New Renaissance (middle) and Everglades (high). However, boundaries can change each year, so confirm the assignment for a specific address with Broward County Public Schools.