Demand is growing for Miramar luxury homes. One just sold for $1.7 million
A $1.7 million home sale in Miramar is challenging long-held perceptions about the city’s housing market — and highlighting the growing value of some of its most sought-after neighborhoods.
Two single-family homes each sold for more than $1 million in Miramar during the first week of April, according to data provided by the office of Broward County Property Appraiser Marty Kiar.
Multiple seven-figure sales through April 8 suggest Miramar’s real estate market may be shifting upward, with some areas now considered luxury.
The most expensive sale closed April 2 at $1.7 million. The home is located in the 18000 block of SW 24th Street in west Miramar, an area known for gated communities such as Sunset Lakes and Silver Lakes, where larger homes, lakefront properties and newer construction have steadily pushed prices higher in recent years.
The property is a five-bedroom, three-bath, 3,273-square-foot lakefront home on 0.3 acres within Harbour Lakes Estates. It sits on a roughly 12,900-square-foot lot facing Harbour Lake. The home has a saltwater pool and a three-car garage.
Another five-bedroom, three-bath home — this one measuring 2,901 square feet — sold the same day for $1.185 million in the 14000 block of SW 33rd Court. That property sits on a lot larger than 20,000 square feet, a size that is increasingly hard to find in more densely built parts of South Florida.
A third sale, just below $1 million, came close. A home in the 17000 block of SW 35th Street sold for $935,000 on April 1.
For years, Miramar has been viewed as an affordable bedroom community, a reasonably priced alternative to nearby cities. But as buyers look for larger homes and more space — and as prices rise across South Florida — parts of Miramar are increasingly entering the million-dollar conversation.
Real estate agent Roger Schaeffler, who specializes in properties within the city, says high-end sales are growing in the area, which hugs the Miami-Dade/Broward county line.
“Million-dollar home sales are getting more and more common in Miramar, even though the properties are not oceanfront,” Schaeffler told the Miramar News.
Much of Miramar’s higher-end housing stock is concentrated in its western neighborhoods, including Miramar Ranches, Silver Lakes and Sunset Lakes, where master-planned, sprawling communities offer amenities such as man-made lakes, clubhouses and newer infrastructure.
Miramar neighborhoods east of Interstate 75, by contrast, tend to have older housing and lower prices.
Here are two other high-end home sales in Miramar through April 8:
- $899,000 — 3360 SW 195th Terrace. This four-bedroom, two-and-a-half bath home is within the Sunset Lakes development and has a view of the Florida Everglades. It sold on April 8.
- $735,000 — 2972 SW 174th St. This four-bedroom, two-bath home is within the Silver Lakes development. The home sold on April 3.