Blue Lake Apts Homes for Sale

Blue Lake Apts Condo is an age-restricted 55+ community in Pompano Beach, Broward County, Florida, governed under the Housing for Older Persons Act (HOPA). Homes are priced from $205,000 to $269,000. At least one resident per home must be 55 or older. Pure Equity lists homes in Blue Lake Apts 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 Blue Lake Apts and the Pompano 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 6 Blue Lake Apts Pompano Beach homes for sale as of October 2026. The median asking price is $162,000. Asking prices run from $150,000 to $269,000.

That is 56% below the Pompano Beach median of $365,000. On a per-foot basis, homes here ask about $181 per square foot, compared with $314 across Pompano Beach. So the median price buys roughly 900 square feet of living area.

Listings here have averaged 155 days on the market. That tracks the Pompano Beach average of 138 days, so pricing and terms follow the wider city market.

Homes listed in Blue Lake Apts date from 1980, so they are about 46 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.

Condo buyers should also know Florida's 2022 condo safety law. It requires milestone structural inspections for buildings three stories or taller as they age. It also requires a structural integrity reserve study. Before you sign, request both reports and the current reserve balance.

Blue Lake Apts 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.

Blue Lake Apts is a condo building. Also request the association budget, recent minutes and any special assessments before you sign.

Rentals in Blue Lake Apts have a median asking rent of $1,600 per month, across 2 active rental listings. For comparison, the Pompano Beach median is $2,500, so rents here run 36% lower.

You can browse current Pompano Beach rentals or ask us for a rent estimate on a specific Blue Lake Apts home.

Here is what the median Blue Lake Apts price means in Florida closing terms. At $162,000, a 20% down payment comes to about $32,000, leaving a loan near $129,000.

Florida then taxes that loan twice. First, documentary stamp tax on the note runs 35 cents per $100, or about $452. Next, the intangible tax of 0.2% adds about $258. Buyers normally pay both at closing.

On the seller side, Florida deed stamps cost 70 cents per $100 of price. At the Blue Lake Apts median, that is about $1,131.

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 Blue Lake Apts listings show assignments to Charles Drew (Broward) (elementary), Crystal Lake (middle) and Blanche Ely (high). However, boundaries can change each year, so confirm the assignment for a specific address with Broward County Public Schools.