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Community · Deerfield Beach, FL
Homes in Lake Island that are under contract or pending sale.
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Currently Pending · 1
About Lake Island
Lake Island is a community in Deerfield Beach, Broward County, Florida. Active listings are priced from $317,500 to $369,900. Homes were built between 1980 and 1982. Pure Equity Realty lists homes in Lake Island for 1% commission and represents buyers at no cost.
Currently Pending in Lake Island
A home in Lake Island goes pending once a buyer and seller agree to terms and the sale moves toward closing. Pending homes are not final, and a deal can still change during inspections, financing, or the appraisal, but pending activity is a useful read on demand because it shows what buyers are committing to now rather than what sellers are asking. When homes in Lake Island go under contract quickly, competition is strong and buyers should be ready to move. When they sit before going pending, there is usually more room to negotiate. Because pending status turns over as deals close or fall through, the best read on Lake Island is a live one. Pure Equity Realty can tell you what is currently under contract, what recently closed, and what is still available to buy before it goes pending.
Homes & Architecture
Recent listings in Lake Island have offered 3 bedrooms and 2 baths. Living areas are around 1,148 square feet. The mix here includes single family homes. Current prices run from $349,500 to $380,000.
Market & Value
Recent activity is the clearest guide to value in Lake Island. The median list price in Lake Island is around $364,950, or roughly $257 per square foot. That is close to the Broward County median, so Lake Island tracks the broader local market rather than sitting at an extreme. Recent asking prices have run from $349,500 to $380,000, so the home you choose within Lake Island matters as much as the community average. Homes here have recently taken about 51 days to go under contract, a useful gauge of how quickly the Lake Island market is moving. For pricing an offer or a listing, comparable sales within Lake Island carry more weight than any headline number, since homes of the same type and size set the real range. Pure Equity Realty can pull the active and recently sold homes in Lake Island so you work from real numbers, not an estimate.
Who It Suits
Whether Lake Island fits you comes down to how you plan to live here. Lake Island suits a range of buyers, from first-time owners to move-up families, who want a home in Deerfield Beach with the everyday conveniences of the area close by. On price, Lake Island lands in the middle of the market, a common fit for move-up buyers and full-time residents. Whether Lake Island is right for you depends on how you plan to use the home, full time or seasonally, and Pure Equity Realty can walk you through the tradeoffs before you commit.
Amenities & Lifestyle
Lake Island is a residential neighborhood, and its homeowners association maintains the shared areas and community standards.
Location
Lake Island sits in Deerfield Beach, part of Broward County, Florida. Residents are close to the shopping, dining, schools, and parks of the Deerfield Beach area, with the wider job centers, beaches, and airports of the region within driving distance.
Buying in Lake Island
If a home in Lake Island catches your eye here, the buying process follows the same path as the rest of Broward County. Getting a mortgage pre-approval first tells you your real budget and lets you move quickly when the right home comes up. Property taxes factor into the monthly payment: the median annual property tax in Broward County is about $3,610. Florida's homestead exemption lowers the taxable value of a primary residence, and the Save Our Homes cap limits how fast that assessed value can rise from year to year. Budget for homeowners insurance as well. Rates in Florida reflect wind and flood exposure, so gather quotes early and check whether a specific address sits in a FEMA flood zone. Once you are under contract, plan for a home inspection and, if you are financing, a lender appraisal, both of which fall inside the inspection period. Working with an agent who knows Deerfield Beach means you see new listings in Lake Island the day they reach the market.
Selling in Lake Island
Thinking of selling in Lake Island? A successful sale here comes down to pricing, presentation, and marketing. List prices in Lake Island currently center around $364,950, which is a starting reference for where a comparable home might be positioned. Homes that are decluttered, professionally photographed, and priced to recent comparable sales tend to draw the most interest in the first two weeks, when a listing is newest and gets the most views. Florida sellers usually pay the documentary stamp tax on the deed, currently $0.70 per $100 of the sale price in most counties, along with prorated property taxes and, by local custom in many areas, the owner's title insurance policy. We provide a no-obligation home valuation for Lake Island owners in Deerfield Beach, so you can see what your property could sell for before you commit to listing.
Frequently Asked Questions
Public Records
Anything on this page that affects what a home costs to own, assessed value, exemptions, flood zone, is published by a public agency. These are the official sources, not our summaries of them.
Broward County Property Appraiser
Assessed value, homestead exemption status, and recorded sales history for any parcel.
FEMA Flood Map Service Center
Look up the official flood zone for an address before you budget for insurance.
Florida Department of Revenue, property taxes
How Florida assesses property, and which exemptions you can claim.
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