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Melrose Point at Monarch Lakes

3101 SW 129TH TERRACE, Miramar, FL 33027
Building file last updated 2026-07-06 · How we research buildings
2002
YEAR BUILT
358
UNITS
2
FLOORS
$335,000-$430,000
RECENT SALES

Melrose Point at Monarch Lakes is a 2-story townhome-style condo community of roughly 357-358 units within the larger Monarch Lakes development in Miramar, built in 2002. Units are primarily 3-bedroom, 3-bath townhomes around 1,270 square feet, with shared amenities including a clubhouse, pool, gym, playground, and tennis courts. Rentals and pets are both generally permitted, and recent for-sale prices have ranged from about $335,000 to $430,000.

What our building intelligence file shows

This building is in our statewide file. When you order, we run a fresh scan across 14 risk categories — inspections, assessments, structural condition, litigation, insurance and more. Your report shows what public records revealed, and just as important, what they couldn't — so you know exactly what to verify before you make an offer. Delivered within 24 hours.

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Amenities at Melrose Point at Monarch Lakes

clubhouseswimming poolfitness centerplaygroundtennis courts

Frequently asked questions

How much do condos at Melrose Point at Monarch Lakes cost?

Recent listings at Melrose Point at Monarch Lakes range around $335,000-$430,000, with about 11 units actively for sale as of the last research date.

What is the pet policy at Melrose Point at Monarch Lakes?

Publicly reported pet policy: allowed, restrictions vary by unit. Confirm current rules with the association before purchasing.

How old is Melrose Point at Monarch Lakes?

Melrose Point at Monarch Lakes was built in approximately 2002 and rises 2 floors with 358 units.

What is the building inspection status at Melrose Point at Monarch Lakes?

Florida condominiums of this age are subject to milestone inspection and structural reserve requirements. Our Intelligence Report covers what official city and county records show for this building, and what remains for a buyer to verify with the association.

Why Florida condo buildings need a closer look

When you buy into a condo building that's 15 or more years old — anywhere in the US — you should expect by default that an assessment, or several, is in effect or on the way: roof repairs, elevator replacement, repaving, facade work. Buildings age on a schedule, and the bill lands on the owners: often hundreds of dollars a month on top of your mortgage, HOA fee, taxes, and insurance. The unit listing rarely mentions any of it.

In Florida, the stakes for older buildings are higher still. Since the 2021 Surfside tragedy, state law requires milestone structural inspections at 30 years (25 in some coastal areas), Structural Integrity Reserve Studies, and — critically — bars associations from waiving reserve funding for structural components, ending decades of artificially low fees. Add the state's insurance surge, and many older buildings carry obligations that never appear in a listing. None of this makes an older building a bad purchase — but the difference between a well-run 1970s tower and a struggling one can be tens of thousands of dollars per unit. That's the question our building intelligence answers.

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Nearby in Miramar: Foxcroft Condominiums · Missionwood at Miramar Condo · Lakeshore at University Park · Aventine at Miramar · All Miramar condos