Rock Lake

It suits buyers who prioritize a waterfront setting and larger lots over a busy, amenity-packed subdivision. As part of Cutler Bay, it offers south Miami-Dade coastal access with a quiet, low-density feel. Assigned schools range from primary learning centers to specialized programs like the School For Advanced Studies Homestead.

Yes — it's one of the higher-priced pockets in the area, with the current active listing at just under $6 million and an average of about $2,155 per square foot. Over the past 12 months the median sold price was $2,300,000, so this is a luxury market. You can track current pricing on the live map.

Inventory is very thin, so numbers swing with each listing. The lone active home is priced at $5,999,998 for about 2,784 sqft, while the five sales in the past year closed at a median of $2,300,000. That gap reflects how much a single premium waterfront listing can move the top of the range.

It moves slowly and deliberately: only five homes sold in the last 12 months, and the current listing has sat about 118 days. Sellers here have averaged roughly 94% of asking, so there's room to negotiate at these price points. Because supply is limited, the right home rarely comes up often — see current Cutler Bay homes for sale for context.

There's no reported HOA in Rock Lake, which fits its large-lot, non-subdivision character. Property taxes run high given the values, with a median around $35,860 per year. Budget for those carrying costs alongside the purchase price when comparing homes.