Miramar Real Estate: Broward County

The median list price in Miramar is approximately $530,000 as of 2026. Prices range from $350,000 for townhomes and condos to $1.2M+ for waterfront lake homes in gated communities like Silver Lakes and Monarch Lakes. Miramar offers one of Broward County's best value propositions for newer single-family construction in the $450K–$700K range.

Miramar is an excellent choice for buyers seeking newer construction, diverse community character, and strong South Florida connectivity at below-average Broward County pricing. The city's proximity to both Miami and Hollywood, access to I-75 and the Turnpike, and a growing employment base from the Miramar Park of Commerce make it attractive for both families and investors.

Top neighborhoods include Silver Lakes for waterfront lake living in a gated community, Monarch Lakes for newer construction with resort-style amenities, Monterra in neighboring Cooper City/Miramar border for upscale homes, Vizcaya for mid-market family living, and Nautica for townhome buyers. Each offers HOA-maintained streets, community pools, and proximity to A-B rated schools.

Miramar is one of South Florida's most culturally diverse cities. The population includes large Haitian, Jamaican, Trinidadian, Barbadian, Colombian, and Venezuelan communities: earning Miramar a reputation as one of the most Caribbean-influenced cities in the United States. This diversity is reflected in the city's vibrant restaurant scene, cultural festivals, multi-lingual services, and community organizations.

Miramar averages approximately 44 days on market: consistent with broader Broward County trends. Well-priced single-family homes in gated communities with good school zoning move within 2–3 weeks. The $380K–$600K range sees steady first-time buyer and investor demand. New construction is largely built out in most Miramar communities, making resale inventory the primary supply source.

Miramar offers solid investment fundamentals. Lower acquisition costs relative to coastal Broward cities produce higher gross yields. Long-term rental demand is driven by a large tenant pool of healthcare workers (Memorial Regional and Memorial West hospitals are major employers), corporate employees at the Miramar Park of Commerce, and families seeking good schools at accessible rent levels. Gross yields of 6–8% are achievable on non-waterfront properties.

Silver Lakes is Miramar's flagship gated community: a master-planned development built around a chain of freshwater lakes with waterfront homes from $600K–$1.2M. Monarch Lakes offers newer construction with lake views from $500K–$900K. Vizcaya and Nautica are gated townhome communities with pools and security from $380K–$550K. Each community has active HOA management and resort-style common areas.

Miramar is served by Broward County Public Schools. Miramar High School and McArthur High School serve the city, with several A and B-rated elementary schools. Western Miramar zip codes near Pembroke Falls and Vizcaya tend to have access to higher-rated schools. The city also has several highly-rated charter schools. Private options include Somerset Academy Charter School and American Heritage School in nearby Plantation.

Miramar averages $230–$310 per square foot for single-family homes. Silver Lakes waterfront homes can reach $350–$450 per square foot. Condos and townhomes range from $190–$270 per square foot. Miramar represents some of Broward County's best price per square foot value for newer construction in gated communities with strong HOA management.

Miramar borders Pembroke Pines to the north and Miami-Dade County to the south. Miami is approximately 20–25 miles southeast: typically 25–40 minutes via I-75, the Turnpike, or I-95. Hollywood is approximately 12–15 miles northeast: about 20–30 minutes. Miami International Airport (MIA) is approximately 20 miles southeast, and Fort Lauderdale-Hollywood International (FLL) is about 15 miles northeast.

Miramar's largest employer is the Miramar Park of Commerce: a 1,500+ acre business park hosting Chewy, Spirit Airlines headquarters, and dozens of Fortune 500 regional offices. Memorial West Hospital is a major healthcare employer. The city's position between Miami's Brickell/Downtown employment hub and Fort Lauderdale's corporate corridor makes it attractive for employees working in either direction.

Miramar offers competitive rental yields for Broward County. Long-term single-family rentals average $2,400–$3,800/month depending on size and community. Townhome rentals average $2,000–$3,000/month. Gross yields of 6–8% are achievable given the city's lower acquisition costs relative to coastal Broward. Short-term rental demand is limited in Miramar's suburban neighborhoods: this is primarily a long-term rental market.

Miramar has a growing 55+ housing segment in its western communities. Several condo complexes along Pembroke Road and in the Monterra/Cooper City border area offer 55+ units from $250K–$450K. Gated townhome communities with lower maintenance requirements are popular with active adult buyers. The city's flat terrain and walkable community centers make it accessible for older residents.

Miramar experienced significant price appreciation of 38–48% between 2020 and 2024 as Miami-Dade buyers sought more space at lower prices across the Broward County line. The market has since stabilized with 4–6% annual growth. Silver Lakes and Monarch Lakes outperformed city-wide averages due to limited lake-front supply. The Pembroke Road commercial corridor has seen increasing retail and restaurant investment supporting residential values.

Pros: diverse and vibrant community, newer construction in gated communities, strong employment access (MIA corridor, Miramar Park of Commerce, Memorial healthcare), competitive pricing, lake-front living options, and a growing restaurant and cultural scene. Cons: no beach access (nearest beaches 15+ miles east), limited walkable retail outside Pembroke Road corridor, high Florida property insurance costs, and HOA fees in gated communities adding $300–$600/month.