Mandarin Lakes
Homes for Sale in Homestead, FL
All 606 homes for sale in Homestead, FL · median $343,950 · 265 homes for sale in 33032 · Miami-Dade County homes for sale
True comps, carrying-cost math, and listings before the portals.
Market Heat
Photo via MIAMI MLS
As of September 2026, Mandarin Lakes in Homestead, FL has 1 home for sale. Over the 12 months ending 2026-09-20, 26 recorded sales closed at a median of $382,500, $193 per square foot, a median 83 days on market, sellers accepting 94% of original asking (-5% versus the prior year). Homes listed or recently sold were built 1996–1998; 3 of 3 report an HOA (median $24/mo). At the median price and Miami-Dade County's FY2025-26 rate of 17.59 mills, annual property tax runs about $6,730 ($6,020 with the full homestead exemption).
Momentum Realty in Mandarin Lakes: our agents closed 1 home here for buyers and sellers in the last 12 months (brokerage closed records through September 2026). Work with Jacksonville real estate agents at Momentum →
| Location | Homestead, Miami-Dade County, FL · ZIP 33032 |
|---|---|
| Amenities listed by sellers | Park, Playground, Basketball Court |
| Sale prices, last 12 months | $382,500 median across 26 closed sales · $193 per sq ft · -5.3% vs the prior 12 months |
| Days on market (closed sales) | 83 median |
| For sale right now | 1 active, 1 pending · median asking $589,900 · 12.0 months of supply |
| Momentum Realty closings here, last 12 months | 1 |
Data as of September 20, 2026. Based on information from the Southeast Florida Multiple Listing Service (SEFMLS) or from MIAMI Association of REALTORS(R) for the period 2012 through 2026. Market figures describe homes, not residents. Cite as: Momentum Realty, “MANDARIN LAKES key facts,” movewithmomentum.com/neighborhoods/mandarin-lakes, data as of September 20, 2026.
With only two closings in the recent window and no standout amenities pulling from the MLS, Mandarin Lakes is best read as a condition-driven market rather than an amenity-driven one. What a given home fetches here comes down to how it shows: updates, finishes, and upkeep move the number far more than any shared facility does.
For buyers, the thin recent activity means you are pricing off individual homes rather than a deep set of comparables, so due diligence on condition matters. For sellers, the same thinness cuts both ways: a well-prepared, move-in-ready home stands out quickly, while a dated one has little community amenity story to lean on and will be judged on its own merits.
Mandarin Lakes right now
🟢 Buyer-leaning market. 12.0 months of supply and 50% of the inventory already under contract give buyers above-average negotiating leverage.Why it matters: months of supply is how long today's inventory would last at today's sales pace; under-contract share is the portion of homes for sale that already have a buyer.Momentum Research analysis of MIAMI MLS records, as of September 20, 2026. Confidence: High (2 active and pending listings, 26 closed sales in 12 months).
🟡 Off the recent peak. The trailing-12-month median ($382K) is down 5.3% from the prior 12 months ($404K) and up 152% since 2012.Momentum Research, record-level MIAMI MLS closed sales, 12-month windows ending September 20. Confidence: High (26 and 27 sales in the two windows).
Jump to: Price history & scorecard · Homes for sale · Schools · FAQ
· Updated September 21, 2026 · Live data: MIAMI MLS, refreshed twice daily · MLS facts carry their source; interpretation lines are Momentum Research · Data sources & freshness
The 60-Second Overview
Mandarin Lakes market snapshot (as of September 20, 2026): the median sale price is about $382K ($193 per sq ft over the trailing 12 months of closed sales), a median 83 days on market for closed sales, and 12.0 months of supply, a buyer-leaning market. The trailing-12-month median is down 5% from the prior 12 months and up 152% since 2012, computed from record-level MIAMI MLS closed sales (26 closings in the current window).
In ZIP 33032 (Homestead), 503 homes closed in the last 12 months at a median of $522K ($281/sq ft), up 0.7% year over year, with a median 56 days on market. Right now 269 active and 82 pending listings put supply at about 12.0 months — a buyer's market. See the live ZIP 33032 housing market and the Miami-Dade County market.
MIAMI REALTORS sales records identify 622 homes in MANDARIN LAKES that have changed hands since 2007, built between 2005 and 2016 (median 2007), with a median living area of about 2,211 sq ft and a typical 3-bedroom, 2.5-bath layout. Source: MIAMI REALTORS closed-sale history compiled by Momentum Research; counts reflect homes with a recorded MLS sale, not every home in the community.
Mandarin Lakes is a Melbourne, Brevard County community with no shared amenities identified from current listings, which makes the individual home — its condition and location — the whole story.
The setting & the homes.
Aerial and on-site photos of Mandarin Lakes. Swipe to explore the community.
Swipe or use the arrows → tap any photo to enlarge
Mandarin Lakes
Mandarin Lakes
Mandarin LakesPhotos from MIAMI MLS listings in Mandarin Lakes; content deemed reliable but not guaranteed.
Who Mandarin Lakes is best for.
Best for
- Buyers who prioritize the house itself and don't need shared amenities
- Buyers with the budget and appetite to update a dated home into value
- Buyers comfortable making a decision without a deep well of recent comps
Probably not for
- Buyers who want a pool, clubhouse, or gated amenities as part of the package
- Buyers who need an active, high-volume market with abundant comparables
- Buyers seeking a turnkey home with zero tolerance for condition variability
Price History: What Homes Here Have Actually Sold For
Median sale price over the trailing 12 months ending September 20 of each year, from record-level MIAMI MLS closed sales. Same methodology as every appreciation figure on this page: the 2026 point ($382K) IS the median in the snapshot above, and the move from 2025 ($404K) IS the -5.3% one-year change.
Windows contain 5 to 55 sales each (26 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.
34% of homes for sale in ZIP 32940 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 (2026-09-21).
Mandarin Lakes Market Scorecard
Mandarin Lakes is currently a buyer-leaning market. About 12.0 months of supply, a median asking price of $589,900.
Go deeper: ZIP market scorecard · county scorecard · true cost calculator · affordability calculator.
Live data: MIAMI MLS, refreshed twice daily. Market metrics only; these describe homes for sale and recent sales, not residents.
Housing distress & ownership in Mandarin Lakes, Melbourne
Who owns here, how much is not owner-occupied, and how much for-sale inventory is under distress.
Source: Momentum Realty Research. Ownership & parcels from the FL DOR 2025 tax roll; distress from MLS active-listing status/remarks; price from MLS closed sales. Based on information from the Space Coast MLS for the period September 2026 through September 2026. Deemed reliable but not guaranteed.
Homes For Sale Right Now in Mandarin Lakes
Live MLS inventory for Mandarin Lakes. 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 Mandarin Lakes listings as of 2026-09-20, 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.
Every Home for Sale in Mandarin Lakes Right Now (2)
All 2 active and pending Mandarin Lakes listings with a detail page, newest first, refreshed twice a day from the MLS.
- 704 Carriage Hill Road · $589,900 · 5 bd / 3 ba · listed Jun 22, 2026 · listed by Avanti Way Realty LLC
- 743 Carriage Hill Road · $584,900 · 4 bd / 3 ba · pending · listed Jun 22, 2026 · listed by RE/MAX Elite
Mandarin Lakes on the map.
Every active, pending, and recently sold home, plotted. Toggle the layers and tap a home for the details.
Listing locations from MIAMI MLS. Map data © OpenStreetMap, tiles © CARTO.
Schools
- Miami-Dade County Public Schools
- Verify the zoned schools by address
- Magnet and choice options may be available
- Viera · Elementary
- Viera · Middle
- Viera · High
Zoned schools reflect the assignments reported on recent Mandarin Lakes listings and can change; always confirm with Miami-Dade County Public Schools for a specific address.
Buying with schools in mind? We can confirm the exact zoned schools for any Mandarin Lakes address.
Shop the zone: Homes zoned for Viera High School
The Mandarin Lakes buying strategy.
If we were buying in Mandarin Lakes 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.
Use your leverage. With inventory sitting, there is room to negotiate on anything dated or overpriced and to ask for repairs or a rate buydown.
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 Mandarin Lakes.
A condition-driven pocket of Melbourne
There is no amenity package here to anchor value — nothing in the current listings points to a pool, clubhouse, or gated entry driving demand. That puts the emphasis squarely on the house itself and where it sits within Melbourne and the broader Brevard market. Renovated, well-maintained homes will separate from tired ones on price, and that spread can be wide.
The low recent closing count means comparable sales are scarce, so both sides should expect to work harder to establish value. Treat each listing as its own case: inspect condition closely, weigh the specific street and setting, and avoid assuming a neighborhood-wide trend from a handful of transactions.
The location and the amenities are priced into every listing in Mandarin Lakes. The deal is won or lost on condition, the comps, and the renovation math.
Momentum Buy Score.
Our proprietary 0 to 10 read across the factors that decide how a home in Mandarin Lakes buys, holds, and resells. Momentum Research; not an appraisal.
Momentum Intelligence Scores are our proprietary, qualitative assessment on a 0 to 10 scale, built from the record-level market data on this page. They are a framework for comparing communities, not a guarantee of future value and not advice on a specific home; unlike an automated value estimate they do not price your home, they grade the community on evidence you can inspect. Composite is the plain average of the 4 factors (5.0). Basis: Long-Term Appreciation +152% since 2012; Recent Direction -5.3% year-over-year; Liquidity & Demand 12.0 months of supply; Pricing Power 94.2% sale-to-list. Refreshed with each data update.
Why work with Momentum here
In a low-volume community with no amenity narrative to lean on, pricing is an exercise in reading condition and location against a thin comp set. That is where local judgment earns its keep — we help buyers avoid overpaying for cosmetics and help sellers position a home on its genuine strengths rather than a community story that isn't there.
Mandarin Lakes in 15 seconds.
HOA, CDD & Fees
- HOA dues reported around $20/month (about $240/yr) · median of 7 MLS listings, most billed annually
- Any club/amenity membership is billed separately
Listings in this community report association dues of about $20 per month ($240 a year) — the median AssociationFee across 7 MLS records, normalised to a monthly figure; most are billed annually. Dues change with budgets and can differ by section or product type; confirm the current figure with the association before you offer. Source: MLS listing records, 2026-09.
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 Mandarin Lakes 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 Mandarin Lakes sales matched to your home.
Price it to the comps and condition, not an automated estimate.
If you are thinking about selling in Mandarin Lakes, the right list price comes from recent comparable sales matched to your home's condition and location, not an automated estimate.
What is your Mandarin Lakes home worth?
Get a no-obligation home value based on real comparable sales in Mandarin Lakes, 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 all homes for sale in Homestead →
Frequently Asked Questions
What is the median home price in Mandarin Lakes?
How long do homes in Mandarin Lakes take to sell?
Is Mandarin Lakes a buyer's or seller's market right now?
Have Mandarin Lakes home prices gone up?
Who is the best real estate agent for Mandarin Lakes?
How do I find a top Homestead real estate agent who knows Mandarin Lakes?
Can Momentum Realty connect me with an agent for Mandarin Lakes?
Where is Mandarin Lakes, and what county is it in?
How many homes has Momentum Realty sold in Mandarin Lakes?
Should you buy in Mandarin Lakes?
An honest fit check. We will tell you when it is not your community.
Data sources & freshness
| Live listings | MIAMI MLS, refreshed twice daily (last: September 20, 2026) |
| Community market stats | MIAMI MLS closed sales, 12-month windows ending September 20, 2026 |
| Under-contract shares | MIAMI MLS records, as of 2026-09-20 |
| Historical depth | Closed-sale records back to 2012 (516 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.
Looking to buy here? Search homes for sale →
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A real valuation with real comps from a local listing agent, not an instant algorithm. Response within one business day.
See how MANDARIN LAKES fits the bigger picture — live prices, inventory, and Momentum Scores:
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