Fairway Lake South
Homes for Sale in Miami, FL
True comps, carrying-cost math, and listings before the portals.
Photo via MIAMI MLS
As of September 2026, Fairway Lake South in Miami, FL has 1 home for sale. Over the 12 months ending 2026-09-12, 6 recorded sales closed at a median of $690,000, $315 per square foot, a median 20 days on market, sellers accepting 99% of original asking. At the median price and Miami-Dade County's FY2025-26 rate of 17.59 mills, annual property tax runs about $12,140 ($11,430 with the full homestead exemption).
Fairway Lake South is trading with a median price of $690,000 against a median price per square foot of $311.59, which points to a mix of home sizes rather than a single dominant floor plan. With only five closings in the current window, this is a thin-data read — one or two unusual sales can move these numbers more than they would in a higher-volume community.
A median 22 days on market says offers are coming together in a reasonably brisk timeframe, not a bidding-war pace but not a sit-and-wait one either. Sellers should price against comparable condition and square footage rather than assuming the median applies broadly, and buyers have room to negotiate on homes that are not move-in ready.
The 60-Second Overview
Fairway Lake South market snapshot (as of September 12, 2026): the median sale price is about $690K ($315 per sq ft over the trailing 12 months of closed sales), and a median 21 days on market for closed sales.
Fairway Lake South is a lower-volume market by current MLS activity, with pricing built on just a handful of recent closings — useful directional data, but not a deep enough sample to treat any single figure as a fixed benchmark.
Who Fairway Lake South is best for.
Best for
- A buyer targeting a purchase in the neighborhood of the current median price and willing to evaluate condition home-by-home
- A seller comfortable pricing against a small, current comp set rather than a long trend history
- A buyer who wants a per-square-foot cost benchmark as a starting reference, not a ceiling
Probably not for
- A buyer who wants dozens of recent closed comps before making an offer
- A buyer relying on listed community amenities to inform the decision, since none are currently identified in MLS data
- A seller expecting the median price to apply uniformly regardless of condition or size
Price History: What Homes Here Have Actually Sold For
Median sale price over the trailing 12 months ending September 12 of each year, from record-level MIAMI MLS closed sales. Same methodology as every appreciation figure on this page: the 2026 point ($690K) IS the median in the snapshot above.
Windows contain 0 to 8 sales each (6 in the current window); every figure carries its sample size, and thin markets swing on single closings. Based on information from the Southeast Florida Multiple Listing Service (SEFMLS) or from MIAMI Association of REALTORS(R) for the period 2012 through 2026. Deemed reliable but not guaranteed.
The real cost & risk here
Before the list price, the Florida math the portals skip. These are Miami-Dade County typicals — your exact home, flood zone, and insurance quote will vary, so verify each before you offer.
Check it for your address: look up your flood zone (FEMA) · insurance by county · true-cost calculator · Miami-Dade County scorecard.
County typicals from Momentum’s Florida housing data (Zillow & Realtor.com aggregates, Census, FRED), updated monthly; insurance modeled. Flood zone is property-specific — always confirm via FEMA.
FAIRWAY LAKE SOUTH Market Scorecard
FAIRWAY LAKE SOUTH is currently a thin data market. Limited supply, a median asking price of $825,000, and homes go under contract in about 19 days.
Typical home value in the 33157 ZIP is $630,584, about 57.3% above the Florida norm (Zillow Home Value Index).
Go deeper: ZIP market scorecard · county scorecard · true cost calculator · affordability calculator.
Live data: realMLS, refreshed twice daily. Typical value: Zillow Research. Market metrics only; these describe homes for sale and recent sales, not residents.
Homes For Sale Right Now in Fairway Lake South
Live MLS inventory for Fairway Lake South. Every active listing, what is under contract right now, and the last 12 months of closed sales, refreshed twice a day. Closed comps beat an algorithm's guess every time.
Active and pending Fairway Lake South listings as of 2026-09-12, priced high to low. Based on information from the Southeast Florida Multiple Listing Service (SEFMLS) or from MIAMI Association of REALTORS(R) for the period 2012 through 2026. Tap any home to ask about it.
The Fairway Lake South buying strategy.
If we were buying in Fairway Lake South today, this is the order of operations we would run for our clients.
Underwrite the condition first. Price the roof, HVAC, and systems honestly before judging any list price; condition swings value here more than square footage alone.
Match the home to real comps. Recent sales of similar condition and lot, not the asking price, tell you what a home is worth.
Move deliberately, not desperately. Neither side has a decisive edge, so a well-prepared, fairly-priced offer wins without overpaying.
Line up financing and inspection early. A pre-approval and an inspection plan let you act fast and negotiate from evidence.
Keep an agent in your corner. The listing agent works for the seller; we represent you and prepare a hand-built valuation before any offer in Fairway Lake South.
What the numbers actually tell you
At a median of $690,000 and $311.59 per square foot, Fairway Lake South sits in a price-per-square-foot range that suggests a mix of updated and original-condition homes rather than a uniform product type. Buyers should expect the per-square-foot cost to vary meaningfully between listings depending on renovation status and lot, since the median alone will not tell you which end of that spread a given home falls on.
The 22-day median days-on-market figure, paired with only five recorded closings, means this is a community where each new listing can shift the read on pace and pricing. Treat any snapshot of this market as a starting point for a conversation about a specific home, not as a settled trend line.
The location and the amenities are priced into every listing in Fairway Lake South. The deal is won or lost on condition, the comps, and the renovation math.
Why work with Momentum here
In a community with this few closings, the comps that exist matter enormously — and so do the ones that almost apply but don't. We pull the full picture, including active and pending listings and condition notes tied to each closed sale, so pricing conversations are grounded in specifics rather than a single median figure.
Fairway Lake South in 15 seconds.
HOA, CDD & Fees
- HOA status not on record. Verify any dues before you offer
- Any club/amenity membership is billed separately
Confirm the current HOA dues, exactly what they cover, and any CDD bond or special assessment for a specific address before you offer.
Tools for a Fairway Lake South buy.
Free calculators to pressure-test the real cost before you tour.
Selling here is won on condition and pricing to real comps, not an automated estimate. The right number comes from closed Fairway Lake South sales matched to your home.
Price it to the comps and condition, not an automated estimate.
If you are thinking about selling in Fairway Lake South, the right list price comes from recent comparable sales matched to your home's condition and location, not an automated estimate.
What is your Fairway Lake South home worth?
Get a no-obligation home value based on real comparable sales in Fairway Lake South, not an automated guess. Tell us about your home and we will personally prepare your numbers and a pricing strategy. No obligation, no spam.
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Recently off market in FAIRWAY LAKE SOUTH
Homes in FAIRWAY LAKE SOUTH that recently left the market. Each address opens its public-record profile: county-recorded value, property taxes, the last recorded sale, community sales history, and what is for sale nearby now. 1 on record.
- 16123 SW 108th Ct · off market
Frequently Asked Questions
What is the median home price in Fairway Lake South?
How long do homes in Fairway Lake South take to sell?
Who is the best real estate agent for Fairway Lake South?
How do I find a top Miami real estate agent who knows Fairway Lake South?
Can Momentum Realty connect me with an agent for Fairway Lake South?
Should you buy in Fairway Lake South?
An honest fit check. We will tell you when it is not your community.
Nearby Communities
Explore more neighborhoods near Fairway Lake South with Momentum Realty’s local guides.
Data sources & freshness
| Live listings | MIAMI MLS, refreshed twice daily (last: September 12, 2026) |
| Community market stats | MIAMI MLS closed sales, 12-month windows ending September 12, 2026 |
| Under-contract shares | MIAMI MLS records, as of 2026-09-08 |
| Historical depth | Closed-sale records back to 2012 (39 transactions analyzed) |
Verify the primary sources yourself: Florida DOR · U.S. Census · FEMA flood maps · Citizens Property Insurance.
Momentum Research figures are our own analysis of MIAMI MLS records; MLS data is deemed reliable but not guaranteed. Methodology: how Momentum market scores are computed. Market metrics describe homes for sale and recent sales, not residents.
Own a home here?
You just read the data. Now see what your home is worth.
The numbers on this page move markets in the aggregate. The number that matters to you is what a buyer pays for your address. Momentum sells for 1.25% above the MIAMI MLS member average and 8 days faster, and we’ll price yours against live local comps.
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See how FAIRWAY LAKE SOUTH fits the bigger picture — live prices, inventory, and Momentum Scores: