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Friday, September 22, 2023

Your Miramar, FL Real Estate Questions Answered

Miramar Florida Real Estate Questions Answered

How good is the view from Miramar? Let’s put it this way: the town gets its name from the Spanish and means “view of the sea.” That’s why Miramar, FL, north of Miami, is one of the most popular suburbs in the region. Even though it’s not directly coastal, the surf shops, seafood restaurants, art galleries, and casual sandal-ready living remind you of what it means to live near the coast in a warm subtropical climate.

But the secret’s out. Lots of people live in Miramar, including some big-name businesses. That’s attracted all sorts of jobs to the area and added amenities to do when not at work. If you’re considering moving to Miramar, let’s answer some frequently asked questions about Miramar real estate.

About Miramar, FL

Miramar is a suburb just inland from Hollywood and North Miami. Its start as an official town dates to the 1950s, when it took its name from an exclusive area in Havana, Cuba. The idea was to build a beautiful commuter town for Fort Lauderdale and Miami workers. Given Miramar’s proximity to both, it seemed an ideal location for developing a family-first town.

It speaks to the area’s beauty that the city grew quickly despite not having major transportation thoroughfares moving through the area. Today, roughly 137,000 citizens call Miramar their home.

Note: Don’t confuse Miramar, FL, with the Miramar of Top Gun fame; that’s in California. So, if you come to Miramar as an aviation buff, you’ll find yourself on the wrong coast. There’s also Miramar Beach, FL, located several hundred miles away on the other side of the state in the Florida Panhandle.

What is the cost of living in Miramar, FL?

Sperling’s Best Places Index notes a higher-than-average cost of living in Miramar, rating at 118.2 to the US median cost of living of 100, 18.2% avobe the national average. It’s generally a prosperous area with excellent schools and budding businesses. Housing and transportation are the primary categories that are well above the US spending average.

Miramar vs Miami Florida cost of living chart

According to LivingCost.org, Miramar is in the top 4% of cost of living areas in the world. It’s a popular destination for retirees with extra money or people looking for good work.

Miramar real estate overview

Florida housing data shows Miramar had a 27% drop in closed sales during Q2 2023. However, buyer interest was sustained, as its median sale price increased 5.2% year-over-year to $590,000.

Recent Federal Reserve data points to a national median price of $416,100, highlighting how much Miramar’s housing market exceeds the national median. Housing expenses here are higher because of market demand. See the current listings for Miramar real estate.

Condos or townhomes in Miramar, FL?

Some condos or townhomes are closer to water, usually a canal or reservoir. Many higher-priced and spacious homes are in Miramar’s center and western side, with more room to stretch your legs. The housing market in September 2023 had 47 condominium units available, many with housing costs below the median home price.

Waterfront properties in Miramar

Landlocked Miramar is dotted with well-managed ponds and lakes, which offer some “waterfront” access and opportunities for outdoor activities. Since the city’s layout runs in a narrow rectangle from west to east from the Everglades National Park to Pembroke Park, there is no direct Atlantic access. It shares the region with communities like Hollywood and Fort Lauderdale, where beach access is at a premium.

The beachfront directly east of Miramar is Hollywood Beach and Golden Beach. But it’s close enough that you shouldn’t be surprised if you can catch a hint of sea breeze in the air.

What is the property tax rate for Miramar, FL?

According to the city, you can expect a millage rate of 7.1172, which equates to a 0.7% property tax rate on a property’s assessed value. For many, that means the property taxes of Miramar are not an encumbrance of living there. Learn more about Florida’s property tax structure and homestead exemptions, which can drop your taxable value.

What county is Miramar, FL, in?

Miramar Florida map location

Given Florida’s history as an important electoral state with a large population, you may have heard of Broward County. Broward often gets a lot of attention from the press. It also has the popular nearby cities of Fort Lauderdale and Hollywood, where tourists and part-timers come to play away the colder winter months.

This southeastern Florida county was initially going to be called “Everglades” County but was renamed to honor Napoleon Bonaparte Broward, the man who served as Florida’s governor from 1905 to 1909. Not to be confused with the actual Napoleon Bonaparte.

Today, Broward County’s population is nearing two million. Nebraska, Idaho, New Hampshire, Maine, Montana, and several other states have fewer people living within their boundaries than Broward County, FL.

Is Miramar, FL growing?

Yes, and at a fast clip. Miramar’s proximity to favorite beachside communities like Fort Lauderdale and Hollywood makes it a natural place for anyone looking to settle nearby. Miramar is currently nearing the top 15 cities in Florida in terms of population with 134,000 residents.

Miramar started in 1960 with only about 5,000 residents, then quickly took off 337% to arrive at 23,000 by the 1970 census. Since then, it’s had double-digit percentage growth every decade, finally reaching at 134,000 by the 2020 census. From 2010-2020, the area experienced 10.4% growth.

What neighborhoods are in Miramar, FL?

Though highly populous, Miramar’s actual land area isn’t so large. According to the city, Miramar is about 31 square miles.

The western portion of Miramar borders the Everglades National Park, where you can take airboat tours of the swampy natural area, which is still untouched by modern civilization.

Miramar Parkway runs east and west through the city as an artery connecting it to the rest of the area, as does the Ronald Reagan Turnpike on the city’s southern boundary.

The eastern portion of Miramar is busy and has a more traditional town feel. This is where you can find many more affordable single-family homes and plentiful recreational activities. There’s a strong business district in central Miramar, which includes the headquarters of Spirit Airlines.

Miramar’s compact and narrow size means it doesn’t have sprawling neighborhoods and distinctly defined communities as most people think of them. But you can find some carefully planned communities, like Calabria, with contemporary amenities like a community pool and playgrounds. Communities like The Isles at Riviera reflect their 1950s aesthetic with compact single-story homes but a great location to the Turnpike and restaurants.

How is golf in Miramar, FL?

Golf? In Florida? Nope.

Okay, we’re kidding. The area is riddled with golf courses, but in Miramar city limits, it’s primarily minigolf, high-tech golf centers, and golf academies.

But it’s easy to drive to some world-class courses from Miramar. Immediately south of the city, you’ll find the Country Club of Miami, with two 18-hole championship courses to play. Arnold Palmer was its first golf professional, and numerous celebrities have played its greens over the years. A major source of golf activity for golf lovers in southeastern Florida.

Besides the Country Club, another six courses are minutes from Miramar’s borders, including, but not limited to:

  • Hollybrook Golf and Tennis Club

  • Flamingo Lakes Golf & Country Club

  • Miami Lakes Golf Club

  • Pembroke Lakes Golf

  • Grand Palm Golf

What areas are near Miramar, FL?

Broward is a busy county, so Miramar’s central location in southeastern Florida can be an advantage.

Go directly east, and you’ll find a wide range of Hollywood Beach’s gambling casinos and white-sand beaches. Go southwest on the Turnpike or I-95, and you’ll be only a 22-mile drive from downtown Miami and Miami Beach. Miami International Airport is about the same distance.

Go north up the highway instead, and it’s not long until you get to Fort Lauderdale, with its cruise port, iconic beaches, airport, and shopping district.

Think of Miramar as a springbreaker’s dream. It’s even within driving distance of the resorts at Boca Raton further north or the coral reefs at Key Largo.

Within Miramar, you also have Miramar Regional Park. It has plenty of sports facilities (basketball, volleyball, soccer, a swimming pool) and an amphitheater for outdoor shows.

What to know about living in Miramar, FL

For starters, expect a warm climate. This is southern Florida, an area known for its subtropical weather and access to the warm Caribbean-fed waters. The Miami weather is known for its “tropical monsoon climate,” which is exactly how it sounds: wet, humid, and hot. It makes for comfortable winters, which is why so many people love Miramar in January. Come the summer months, you’ll be looking for a snow cone, a swimming pool, and water sports.

You’ll also find plenty of culture in Miramar. The Miramar Regional Park’s amphitheater, which we recently mentioned, is just one location for entertainment and events. The Miramar Cultural Center features an “art’s park” with facilities for performance arts, a public art water feature, and gardens.

Frequently Asked Questions About Miramar, Florida

What is Miramar, Florida, known for?

Miramar, Florida, is a vibrant city and Miami suburb known for its diverse community and family-friendly atmosphere. It’s a great place for homebuyers looking for suburban tranquility and easy access to urban amenities. With plenty of parks, good schools, and a myriad of shopping and dining options, Miramar offers a comfortable and convenient lifestyle. The city is also well-connected, with major highways making it easy to reach nearby hotspots of Broward and Miami-Dade counties like Miami and Fort Lauderdale.

Where is the best place to live in Miramar, FL?

One of the best places to live in Miramar, FL, is the Silver Shores neighborhood. This gated community is well regarded for its well-maintained homes, safe environment, and excellent amenities, including a clubhouse, swimming pools, and sports courts. The area is also known for its top-rated schools, making it an attractive choice for families.

Another popular area is Sunset Lakes, offering beautiful waterfront properties, diverse recreational facilities, and a strong sense of community. Both neighborhoods provide easy access to shopping malls, restaurants, and major highways, making commuting and daily activities convenient.

What is the average household income in Miramar, Florida?

According to the latest U.S. Census data, the median household income in Miramar, Florida, is approximately $81,812 per year. This reflects this is a middle-class community with a relatively high standard of living compared to national averages. The city’s diverse economy, proximity to major employment centers, and access to quality amenities contribute to this income level, making Miramar an appealing choice for families and individuals seeking a well-rounded suburban lifestyle.

Is Miramar, Florida, expensive to live in?

Miramar’s cost of living is slightly above the national average, making it moderately expensive compared to other U.S. cities. The median home price in Miramar is around $527,700, which is higher than the national median yet lower than West Coast cities like Los Angeles or San Diego.

The cost of utilities, public transportation, and groceries is also slightly above the national average. However, these costs are balanced by the area’s relatively high median household income of approximately $81,812, making it affordable for many residents.

Final Words – Miramar, FL, Real Estate Questions

Miramar’s an exciting slice of Florida life, featuring its own attractions and easy access to some of the most iconic parts of South Florida. But don’t think of it just as a suburb of Miami. Miramar has grown too much on its own for that, developing into a place with a local flavor, well-known businesses, and enough activities to keep the whole family busy all year.

If you’re looking at Miramar, FL, real estate, contact a local agent to find your perfect family friendly South Florida neighborhood.

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Preston Guyton

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