Sky Lake Homes for Sale

Sky Lake is a luxury community in North Miami Beach, Miami-Dade County, Florida. Properties are priced from $1,500,000 to $2,900,000. Pure Equity lists homes in Sky Lake 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 Sky Lake and the North Miami Beach 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 8 Sky Lake North Miami Beach homes for sale as of October 2026. The median asking price is $2.2M. Asking prices run from $1.5M to $2.73M.

That is 315% above the North Miami Beach median of $529,000. On a per-foot basis, homes here ask about $876 per square foot, compared with $401 across North Miami Beach. So the median price buys roughly 2,500 square feet of living area.

Listings here have averaged 53 days on the market. That is faster than the North Miami Beach average of 158 days. As a result, buyers here should be ready to write an offer soon after a showing.

Homes listed in Sky Lake date from 1956 to 1960. That puts them between 66 and 70 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.

At a median near $2.2M, Sky Lake sits in the luxury tier of North Miami Beach. Jumbo financing and proof of funds usually come up early in these negotiations.

Rentals in Sky Lake have a median asking rent of $8,900 per month, across 3 active rental listings. For comparison, the North Miami Beach median is $2,300, so rents here run 287% higher.

For investors, those medians imply a gross yield near 4.9% 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 North Miami Beach rentals or ask us for a rent estimate on a specific Sky Lake home.

Here is what the median Sky Lake price means in Florida closing terms. At $2.2M, a 20% down payment comes to about $439,000, leaving a loan near $1.76M.

Florida then taxes that loan twice. First, documentary stamp tax on the note runs 35 cents per $100, or about $6,152. Next, the intangible tax of 0.2% adds about $3,515. 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 $13,182 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 Sky Lake 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.