Silver Lakes Homes for Sale

Silver Lakes Phase Iii is a waterfront community in Miramar, Broward County, Florida. Active listings are priced from $585,000 to $1,100,000. Homes were built between 1995 and 2001. Pure Equity lists homes in Silver Lakes 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 Silver 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 14 Silver Lakes Miramar homes for sale as of October 2026. The median asking price is $722,000. Asking prices run from $530,000 to $1.3M.

That is 33% above the Miramar median of $545,000. On a per-foot basis, homes here ask about $315 per square foot, roughly in line with the city at $321. So the median price buys roughly 2,300 square feet of living area.

Listings here have averaged 90 days on the market. That tracks the Miramar average of 99 days, so pricing and terms follow the wider city market.

Homes listed in Silver Lakes date from 1995 to 2001. That puts them between 25 and 31 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.

Silver Lakes 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.

Rentals in Silver Lakes have a median asking rent of $5,050 per month, across 6 active rental listings. For comparison, the Miramar median is $2,700, so rents here run 87% higher.

For investors, those medians imply a gross yield near 8.4% a year. However, that figure comes before HOA dues, property tax, insurance and vacancy. Also check the association documents first, because many Florida HOAs cap leases or set minimum terms.

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

Here is what the median Silver Lakes price means in Florida closing terms. At $722,000, a 20% down payment comes to about $144,000, leaving a loan near $578,000.

Florida then taxes that loan twice. First, documentary stamp tax on the note runs 35 cents per $100, or about $2,023. Next, the intangible tax of 0.2% adds about $1,156. Buyers normally pay both at closing.

On the seller side, Florida deed stamps cost 70 cents per $100 of price. At the Silver Lakes median, that is about $5,057.

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