Lime Bay Homes for Sale

Lime Bay is a residential community in Tamarac, Florida.

Pure Equity Realty covers Lime Bay and the Tamarac 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 34 Lime Bay Tamarac homes for sale as of October 2026. The median asking price is $99,000. Asking prices run from $45,000 to $160,000.

That is 58% below the Tamarac median of $235,000. On a per-foot basis, homes here ask about $120 per square foot, compared with $201 across Tamarac. So the median price buys roughly 850 square feet of living area.

Listings here have averaged 185 days on the market. That is slower than the Tamarac average of 122 days. Because of that, buyers often have more room to negotiate on price, repairs or closing costs.

Homes listed in Lime Bay date from 1974 to 1975. That puts them between 51 and 52 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.

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

Rentals in Lime Bay have a median asking rent of $1,550 per month, across 14 active rental listings. For comparison, the Tamarac median is $2,000, so rents here run 23% lower.

You can browse current Tamarac rentals or ask us for a rent estimate on a specific Lime Bay home.

Here is what the median Lime Bay price means in Florida closing terms. At $99,000, a 20% down payment comes to about $20,000, leaving a loan near $79,000.

Florida then taxes that loan twice. First, documentary stamp tax on the note runs 35 cents per $100, or about $278. Next, the intangible tax of 0.2% adds about $159. Buyers normally pay both at closing.

On the seller side, Florida deed stamps cost 70 cents per $100 of price. At the Lime Bay median, that is about $695.

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 Lime Bay listings show assignments to Challenger (elementary), Millennium 6-12 Collegiate Academy (middle) and J. P. Taravella (high). However, boundaries can change each year, so confirm the assignment for a specific address with Broward County Public Schools.