Why Live in Three Lakes
Three Lakes in Miami is a neighborhood centered around its namesake lakes, where residents enjoy water activities such as boating and Jet Skiing. The area features pastel Spanish Revival single-family homes and townhouses, many with private docks and boat launches. The community is known for its green lawns, well-maintained sidewalks, and scenic lake views. Homeowners associations provide communal amenities like pools and clubhouses. The neighborhood is conveniently located near essential amenities and borders Zoo Miami, which houses over 2,500 animals and hosts a monthly Farmers’ Market. Nearby parks include Larry and Penny Thompson Memorial Park and Campground, Three Lakes Park, and Deerwood Bonita Lakes Park, offering various recreational facilities. Dining options in the area include Magic City Perks for coffee and pastries, Señor Pan Café for Cuban cuisine, and Chef Adrianne’s Vineyard Restaurant and Bar for fine dining. Shopping is convenient with Costco, Publix at Plaza Del Paraiso, and a Walmart Supercenter 3.6 miles away. The neighborhood is well-connected with bus routes and major highways, making downtown Miami accessible 23 miles away and Miami International Airport 17 miles away. Schools in the area are highly rated, with Gloria Floyd Elementary School receiving a 9/10 rating. The crime rate in Three Lakes is lower than the national average, contributing to its appeal for professionals seeking a suburban lifestyle.
Home Trends in Three Lakes, FL
On average, homes in Three Lakes, Miami sell after 109 days on the market compared to the national average of 70 days. The median sale price for homes in Three Lakes, Miami over the last 12 months is $360,000, down 15% from the median home sale price over the previous 12 months.
Median Sale Price
$360,000
Median Single Family Sale Price
$417,500
Median Townhouse Sale Price
$310,000
Median 2 Bedroom Sale Price
$220,499
Median 1 Bedroom Sale Price
$648,000
Average Price Per Sq Ft
$317
Number of Homes for Sale
21
Last 12 months Home Sales
69
Median List Price
$449,950
Median Change From 1st List Price
8%
Median Home Sale Price YoY Change
-15%