Location: Pembroke Isles, Pembroke Pines
Price: $869,000
Beds/Baths: 4BR / 2.5BA
Square Footage: 2,381 sq ft living | 9,325 sq ft lot
Style: One story lakefront home
HOA: $409/month (gated, resort style amenities)
Year Built: 2000
Waterfront: Yes — 120 ft lake frontage

Disclosure: This is not my listing. This analysis is for educational purposes to help buyers understand market value and property features in Pembroke Pines.

WHY THIS ONE CAUGHT MY ATTENTION

There’s a specific type of buyer in Pembroke Pines right now:

  • Wants newer construction

  • Wants gated community

  • Wants space

  • Doesn’t want stairs

That combination is harder to find than people think, especially under $900K.

This home checks all four boxes… and it’s been sitting 81 days with a price drop from $899K to $869K.

That’s what makes it interesting.

What Stands Out

  • One story layout (rare in this price range + community type)

  • 3 car garage (most homes here are 2 car)

  • Lakefront + preserve views (premium lot positioning)

  • 2,300+ sq ft with open layout + high ceilings

  • Extended covered patio (built for outdoor living)

  • Located in Pembroke Isles (guard gated, full amenities)

  • Zoned for top rated schools

Most comparable homes in gated communities at this price point:

  • Two story

  • Smaller garages

  • Interior lots

This one stands out on fundamentals not just finishes.

WHAT YOU NEED TO KNOW

Days on Market: 81
That’s not random.

It signals either:

  • Price resistance

  • Buyer hesitation at this level

Or opportunity (depending on how you approach it)

HOA: $409/month
You’re paying for:

  • Gated security

  • Clubhouse + gym

  • Pools, tennis, courts, etc.

Lifestyle included but it impacts monthly affordability.

Built 2000 (25 years old)
Not “old,” but not new either.

  • Check roof age

  • HVAC + water heater condition

  • Insurance quotes (important in Florida right now)

MARKET ANALYSIS

Recent Comparable Sales in Pembroke Isles / West Pembroke Pines (4BR, gated communities, similar size):

  • Single family homes 2,200–2,600 sq ft: Typically trading between $780K–$900K depending on upgrades and lot type

  • Lakefront lots: Add $40K–$80K+ premium depending on view and frontage

  • One story homes: Increasingly rare, often command 5–10% premium over similar two story homes

  • 3 car garages: Limited inventory adds $15K–$30K perceived value

  • Gated communities with amenities: Maintain stronger pricing, but buyers are more sensitive at higher monthly costs

This Property's Position at $869,000:

  • Roughly $365/sq ft is in line with market for gated, lakefront homes

  • Pricing reflects:

    • Lakefront lot

    • One story layout

    • 3 car garage

    • Community amenities

  • Comparable interior lot homes typically trade closer to $780K–$830K

  • Comparable two story homes often sell for similar or less, despite larger size

Market observation: This isn’t priced as a “discount,” it’s priced as a premium layout + lot combination. You’re not paying for maximum square footage You’re paying for rarity and long term livability.

And here’s the key:

The 81 days on market suggests buyers are hesitating at the price, not that the property lacks value. Which is exactly where opportunity tends to show up.

AFFORDABILITY ANALYSIS

At today’s rates (6.5%):

  • Purchase: $869,000

  • 5% down → loan ≈ $825K

👉 Estimated P&I: ~$5,200/month

Add:

  • Taxes (about $1,000/month)

  • Insurance ($400–$700/month depending)

  • HOA ($409/month)

👉 Total: ~$7,000–$7,400/month

This is not an entry level home.

This is a move up buyer property.

BUYER PROFILE ANALYSIS

This property may appeal to buyers who prioritize:

Single story living (no stairs, long term usability)
Gated community amenities (security, clubhouse, fitness, recreational features)
Larger home layouts with defined living and entertaining spaces
Premium lot positioning (lakefront views and added privacy)
Garage and storage space (3 car garage is a major plus at this price point)
Outdoor living (covered patio + waterfront setting)
Move in ready function over brand new construction
Willingness to pay HOA fees in exchange for community features and maintenance

EDUCATIONAL TAKEAWAYS

What this property teaches about the $800K–$900K market in Pembroke Pines:

  • One story homes carry a premium — especially in gated communities

  • Lakefront + 3 car garage = rare combo — scarcity matters

  • Days on market = leverage — even for good homes

  • Buyers at this level are slower and more selective

  • Lifestyle communities still command demand — but pricing must align

This isn’t a “deal” because it’s cheap.

It’s a deal because:

  • It’s a strong property

  • In a desirable community

  • That hasn’t sold yet

And that’s where negotiations happen.

Disclaimer: This analysis is for educational purposes only and does not constitute a formal appraisal, property recommendation, or guarantee of value. Property information is based on public records and listing data, which may contain inaccuracies. Prospective buyers should conduct their own due diligence, including professional inspections and independent market analysis.

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