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Monarch Lakes

Monarch Lakes

Neighborhood in Miramar, Florida

Broward County 33027

$680,017 Average Value
$325 Average Price per Sq Ft
32 Homes For Sale

Monarch Lakes offers central living in the heart of Miramar

The gated, HOA-managed subdivisions of Monarch Lakes offer central, suburban living in Miramar. The community’s many Spanish Revivals sit on modest, manicured lots along sidewalk-lined streets and scenic lakes. Backyards feature mature palms, live oaks and flowering poincianas. Monarch Lakes is on the city’s main drag, Miramar Parkway, so shopping, dining and recreation are nearby.

Turn-of-the-21st-century townhouses and single-family homes

Monarch Lakes was developed between the 1990s and early 2000s with a variety of Spanish Revivals. The earthy home style is known for having stucco siding, arches and barrel roof tiles. Prices start with townhouses, ranging from the mid $300,000s to the mid $500,000s. Three- to four-bedroom single-family properties range from around the high $500,000s to the high $900,000s. Prices for five-bedroom houses typically fall between $700,000 and $1.2 million. Most of Monarch Lakes is within a special flood hazard area, so homebuyers will require flood insurance for a federally backed mortgage. Hurricane season ranges from the beginning of June to the end of August.

Parks at home and up the road

Right beside the elementary school, Monarch Lakes Park has picnic areas and paved walkways. One path connects to Flamingo Estate Park, a grassy lakeside area with a tennis court and ballfield. More facilities are about 2 miles away at C.B. Smith Park, an almost 300-acre recreational area. The green space has many amenities, from the lazy river and 50-foot-tall waterslides at the water park to the RV campgrounds, complete with sewer hookups, hot showers and electricity for quality glamping.

Coconut Palm Elementary, New Renaissance Middle and Everglades High

Miramar is served by Broward County Public Schools, which includes Coconut Palm Elementary. The school earns a B on Niche. New Renaissance Middle, graded B, is a couple of miles east on Miramar Boulevard. Everglades High, graded A-minus, is less than a 5-mile drive away. It’s home to several specialty programs, such as Project RED (Rigorous Engineering and Design) and the FBI/Law Enforcement Academy.

Close to public transit, Interstate 75 and Memorial Hospital West

Broward County Transit bus stops are along Miramar Parkway, which also has a ramp onto Interstate 75 about a mile from Monarch Lakes. Access to Florida's Turnpike is closer to 2 miles away on Red Road. The nearest hospital, Memorial Hospital West, is less than 5 miles away. Fort Lauderdale International Airport is the closest place to catch direct flights, just over 20 miles away.

Many shopping and dining options surround Monarch Lakes

Miramar Parkway runs along the neighborhood's south side, lined with various shopping centers, including the Shoppes at Monarch Lakes. The center has banks, a Publix, a Dollar Tree and other conveniences. It’s also home to Blue Ginger Seafood Steakhouse, a popular Japanese hibachi restaurant with a sushi bar. Monarch Town Center and Miramar Square are across the parkway from each other, offering even more day-to-day shopping and dining options like Sprouts Farmers Market, Cold Stone, Ross and more. As for retail therapy, Pembroke Pines Mall, featuring more than 150 shops and restaurants, is less than 5 miles up Flamingo Road.
Micaela Willoughby
Written By
Micaela Willoughby
Eduardo Ford
Photography Contributed By
Eduardo Ford

Agents Specializing in this Area

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Schools

Source:
GreatSchools: The GreatSchools Rating helps parents compare schools within a state based on a variety of school quality indicators and provides a helpful picture of how effectively each school serves all of its students. Ratings are on a scale of 1 (below average) to 10 (above average) and can include test scores, college readiness, academic progress, advanced courses, equity, discipline and attendance data. We also advise parents to visit schools, consider other information on school performance and programs, and consider family needs as part of the school selection process. View GreatSchools Rating Methodology

Interested in learning more about homes in this area? Reach out to Alfonzo Duran, an experienced agent in this neighborhood.

Parks in this Area

Transit

Airport

Fort Lauderdale/Hollywood International

29 min drive

Bus

Miramar Pkw & SW 138 A

Bus

Miramar Pkw & SW 130 A

Bus

Miramar Pkw & SW 143 A

Bus

Miramar Pkw & SW 136 A

Bus

Miramar Pkw & SW 128 A

Bus

Miramar Pkw & #12650

Bus

Miramar Pkw & SW 129 A

Crime and Safety

1 - Low Crime, 10 - High Crime Monarch Lakes US
Homicide 2 4
Sexual Assault 3 4
Assault with Weapon 2 4
Robbery 2 4
Burglary 3 4
Motor Vehicle Theft 3 4
Larceny 3 4
Crime Score 3 4

Source: WhatIsMyCrimeRisk.com

Monarch Lakes Demographics and Home Trends

Housing Trends

Median List Price
$730,000
Median Sale Price
$700,000
Median Single Family Sale Price
$707,000
Median Townhouse Sale Price
$505,000
Median Change From 1st List Price
5%
Last 12 months Home Sales
72
Median Home Sale Price YoY Change
11%
Average Price Per Sq Ft
$325

Neighborhood Facts

Number of Homes in Neighborhood
1,969
Number of Homes for Sale
32
Median Year Built
2002
Months of Supply
5.30
Average Single Family Home Size Sq Ft
1,978
On par with the national average
1,933
Average Townhouse Size Sq Ft
1,482
Average 2 Bedroom Size Sq Ft
1,329
Median Lot Size Sq Ft
7,405

Distribution of Home Values

Source: Public Records

Homes for Sale

Homes for Rent

Interested in learning more about homes in this area? Reach out to Alfonzo Duran, an experienced agent in this neighborhood.

Average Home Value




Source: Public Records

Property Mix - Square Feet

This Neighborhood Has More Owners

Demographics

Total Population
7,584
Median Age
41
Population under 18
24.7%
On par with the national average
23.8%
Population over 65
14%
Below the national average
19.1%

Finances

Median Household Income
$113,430
Significantly above the national average
$71,702
Average Household Income
$125,823

Education and Workforce

High School Graduates
92.7%
College Graduates
38.7%
On par with the national average
34.1%
Advanced Degrees
17.7%
% Population in Labor Force
75.8%
Above the national average
65.1%

Weather

Annual Precipitation
63''
Average Winter Low Temperature
60°F
Average Summer High Temperature
92°F
Annual Snowfall
0''

Area Factors

Somewhat Bikeable

Bike Score®

41 / 100

Car-Dependent

Walk Score®

11 / 100

Some Transit

Transit Score®

27 / 100
Source: Walk Score
Source: Walk Score

Sound Score® measures the noise level of any address. Transit Score® measures access to public transit. Bike Score® measures the bikeability of any address.

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Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. Our sources include: Accuweather, Public Records and Neustar. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.
NEIGHBORHOOD
Monarch Lakes