LAKESHORE CONDO #5 in Homestead

LAKESHORE CONDO #5
Homes for Sale in Homestead, FL

Community in Homestead · Miami-Dade County · ZIP 33034
Median sale $195K
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Photo via miami

Built fromLive miami data8 years of closingsUpdated twice daily
Live · LAKESHORE CONDO #5 Housing Pulse miami + public records Analysis by Momentum Realty · $3.5B+ sold · 8,500+ transactions · Top 1% in Florida (RealTrends)
Price
$195K
Median sold · 12 mo
$187/sf
Sold $/sqft · 12 mo
peak $187 in 2026
81.2%
Sale vs ask
Miami-Dade median: 97.8%
Tempo
91days
Median DOM · closed
13 days at the 2021 low
5
Sold · last 12 mo
10-yr average: about 2 a year
Ownership and context
80%
Cash buyers · LAKESHORE CONDO #5
4 of 5 sales, 12 mo ending July 2026
Track record · 8 years of records
960sqft
Median sold home size
12-mo windows, closed sales
Jon Brooks, founder of Momentum Realty
Jon's Current Read

Five closings is a thin enough sample that we treat every number here as directional, not definitive. What it does tell us: this is a lower-basis condo stack where price per square foot near $186.61 and a median around $195,000 point to compact units trading in a value tier of the Miami-Dade condo market rather than a waterfront-premium building.

A median of 91 days on market is the number that matters most for strategy. That is a slow-moving book of business — sellers who price to the comparable set and present the unit well are the ones who shorten that number; those who chase last year's price sit.

The 60-Second Overview

LAKESHORE CONDO #5 market snapshot (as of July 20, 2026): the median sale price is about $195K ($187 per sq ft over the trailing 12 months of closed sales), and a median 91 days on market for closed sales.

LAKESHORE CONDO #5 is a smaller Miami-Dade condo association where recent activity has been limited, so pricing and pace here should be read as a narrow snapshot rather than a broad trend line.

Best for

  • A buyer prioritizing a lower price point over building amenities.
  • A buyer with flexibility on timeline who can wait out a slower-moving market.
  • An investor or owner-occupant comfortable underwriting a unit on its own merits rather than a large comp set.

Probably not for

  • A buyer who wants a resale timeline in line with a fast-moving market.
  • A buyer relying on community amenities as part of the purchase decision.
  • A buyer uncomfortable pricing a purchase against a very limited number of recent closings.

Windows contain 0 to 5 sales each (5 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 2018 through 2026. Deemed reliable but not guaranteed.

Homes sold per 12-mo window
02420182020202220242026
0 to 5 a year; 5 in the current window.

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.

$3,099/mo
Miami-Dade County typical true cost to own
$158/mo
Miami-Dade County typical home insurance
Check CDD
Confirm before you offer

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.

How much local inventory is already under contract

23% of homes for sale in ZIP 33034 are already under contract (under contract ÷ under contract + active listings) — a read on how much of the available inventory buyers have already claimed. Source: MLS data (2026-08-18).

LAKESHORE CONDO #5 Market Scorecard

Balanced

LAKESHORE CONDO #5 is currently a balanced market., and homes go under contract in about 82 days.

$195,000
Median sold
$223
List $/sqft
82
Days on mkt
1/0/0
Active/Pend/Sold

Go deeper: ZIP market scorecard · county scorecard · true cost calculator · affordability calculator.

Live data: miami, refreshed twice daily. Market metrics only; these describe homes for sale and recent sales, not residents.

Homes For Sale Right Now in LAKESHORE CONDO #5

Live MLS inventory for LAKESHORE CONDO #5. 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 LAKESHORE CONDO #5 listings as of 2026-08-05, 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 2018 through 2026. Tap any home to ask about it.

If we were buying in LAKESHORE CONDO #5 today, this is the order of operations we would run for our clients.

1

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.

2

Match the home to real comps. Recent sales of similar condition and lot, not the asking price, tell you what a home is worth.

3

Move deliberately, not desperately. Neither side has a decisive edge, so a well-prepared, fairly-priced offer wins without overpaying.

4

Line up financing and inspection early. A pre-approval and an inspection plan let you act fast and negotiate from evidence.

5

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 LAKESHORE CONDO #5.

Best Buy
A buyer looking for a lower entry price point into a Miami-Dade condo and willing to underwrite unit condition individually.
Biggest Risk
A thin closing sample and a 91-day median mean pricing mistakes take longer to correct and are harder to spot early.
Sweet Spot
Buyers comfortable doing their own diligence on a small building where comps are scarce.
Avoid If
You need a fast resale timeline or are relying on shared building amenities as part of the value case.

A thin market that rewards patience

With only five closings in the current window, this is not a building with a deep, constantly refreshed comp set. That cuts both ways: sellers cannot lean on a large sample to justify an aggressive number, and buyers cannot assume the next unit will trade on the same terms as the last one. Each listing here needs to be underwritten on its own condition and unit-specific facts rather than a building-wide average.

The 91-day median days on market is the clearest signal of current posture. That is a market where overpriced or dated units linger, and where a well-priced, move-in-ready unit is the exception that moves faster. No community amenities were identified from current MLS data, so any value case here should be built on the unit itself — layout, condition, and price per square foot — not on shared building features.

The location and the amenities are priced into every listing in LAKESHORE CONDO #5. The deal is won or lost on condition, the comps, and the renovation math.

Jon Brooks · Founder, Momentum Realty

Why work with Momentum here

In a building with only a handful of recent closings, the difference between a fair offer and an overpay comes down to how carefully those few data points are read. We pull the actual closed comps, not a generic building average, and price or negotiate against what has genuinely traded — which matters more here than in a high-volume community where the market corrects itself.

LAKESHORE CONDO #5 in 15 seconds.

Best forA buyer looking for a lower entry price point into a Miami-Dade condo and willing to underwrite unit condition individually.
Biggest advantageThe median price per square foot here sits well below premium-tier condo pricing in the county.
Biggest riskA thin closing sample and a 91-day median mean pricing mistakes take longer to correct and are harder to spot early.
Sweet spotBuyers comfortable doing their own diligence on a small building where comps are scarce.
Avoid ifYou need a fast resale timeline or are relying on shared building amenities as part of the value case.

HOA, CDD & Fees

In short
  • Mandatory HOA — confirm current dues
  • 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.

The takeaway

Selling here is won on condition and pricing to real comps, not an automated estimate. The right number comes from closed LAKESHORE CONDO #5 sales matched to your home.

What is your LAKESHORE CONDO #5 home worth?

Get a no-obligation home value based on real comparable sales in LAKESHORE CONDO #5, not an automated guess. Tell us about your home and we will personally prepare your numbers and a pricing strategy. No obligation, no spam.

See homes for sale in LAKESHORE CONDO #5 on the map →

Real comps, not an automated estimate.

Frequently Asked Questions

What is the median home price in LAKESHORE CONDO #5?
The median sale price in LAKESHORE CONDO #5 was $195K over the 12 months ending July 20, 2026 (5 closed sales, miami).
How long do homes in LAKESHORE CONDO #5 take to sell?
Homes that closed in the 12 months ending July 20, 2026 took a median 91 days on market (5 sales, miami).
Do cash buyers compete in LAKESHORE CONDO #5?
Cash buyers took 80% of LAKESHORE CONDO #5 sales in the 12 months ending July 2026 (4 of 5 closings, miami).
Who is the best real estate agent for LAKESHORE CONDO #5?
The best agent for LAKESHORE CONDO #5 is one who actively works Homestead and knows the community's pricing, fees, and current inventory. Tell us what you're looking for in the form on this page and Momentum Realty will match you with a local specialist for LAKESHORE CONDO #5.
How do I find a top Homestead real estate agent who knows LAKESHORE CONDO #5?
Share a few details in the form on this page. Momentum Realty has 280+ agents and more than $3.5B in closed sales, and we'll connect you with one who knows LAKESHORE CONDO #5 and the wider Homestead area.
Can Momentum Realty connect me with an agent for LAKESHORE CONDO #5?
Yes. Use the form on this page and we'll introduce you to a local specialist who can guide your LAKESHORE CONDO #5 purchase or sale - no call center and no pressure.
A buyer prioritizing a lower price point over building amenities.Excellent fit
A buyer with flexibility on timeline who can wait out a slower-moving market.Excellent fit
An investor or owner-occupant comfortable underwriting a unit on its own merits rather than a large comp set.Excellent fit
A buyer who wants a resale timeline in line with a fast-moving market.Probably not
A buyer relying on community amenities as part of the purchase decision.Probably not
A buyer uncomfortable pricing a purchase against a very limited number of recent closings.Probably not

Data sources & freshness

Community market statsmiami closed sales, 12-month windows ending July 20, 2026
Under-contract sharesmiami records, as of 2026-07-18
Historical depthClosed-sale records back to 2018 (17 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 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 member average and 8 days faster, and we’ll price yours against live your area comps.

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More Homestead & Miami & Miami-Dade County guides

Compare before you commit - every guide covers pricing, HOA/CDD, insurance posture, and fit. Browse all of Miami & Miami-Dade County or the full Neighborhood Finder.

Thinking of selling in LAKESHORE CONDO #5? 5 recorded closings; median 91 days on market (window ending 2026-07-20). See the Miami-Dade County sell-now-or-wait data, what made 201,552 Florida listings fail in the last 12 months, or compare a cash offer vs. listing. Compiled from MLS records; deemed reliable but not guaranteed.
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