Welcome to our 33143 real estate data hub, tailored for investors in South Miami, FL. We aim to provide valuable insights, empowering you to make well-informed decisions in this unique market.
Explore essential data such as home prices, rental rates, and appreciation trends specific to 33143 in South Miami, FL. Discover Section 8 housing opportunities and challenges to maximize your investment potential in MIAMI-DADE COUNTY.
Leverage our comprehensive, zip code-specific data to excel in South Miami, FL real estate investing. Uncover the wealth of information available, and position yourself for success in the South Miami property market.
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Location Overview
- Zip Code: 33143
- City: South Miami
- State: FL
- Metro Area: Miami-Fort Lauderdale-Pompano Beach, FL
- County Name: MIAMI-DADE COUNTY
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Real Estate Market Snapshot
- Average Home Price (All Types): $751,218
- Average Home Price (Single Family Homes): $1,309,166
- Average Monthly Rental Price (All Types): $2,682
- Price-to-Rent Ratio: 23
- Zillow Projected % appreciation from 4/2023-4/2024: 3%
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Section 8 Housing Insights
- Average 2 Bedroom Section 8 Rental Rates: $2,140
- Average 3 Bedroom Section 8 Rental Rates: $2,820
- Price-to-Rent Ratio for 2 Bedroom Section 8 Properties: 29.25
- Price-to-Rent Ratio for 3 Bedroom Section 8 Properties: 22.2
- Number of Units Offered in Section 8 in the County: 15973
- Number of Occupied Units in Section 8 in the County: 14847
- Percentage of Section 8 Units Occupied in the County: 93%
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Historical & Recent Price Appreciation Rates
- Total % Appreciation since 1990 (Government Data): 503.66
- Total % Appreciation since 2000 (Government Data): 264.48
- YTD Appreciation (Backwards from 4/2023, Realtor Data): 0.86%
- 1-Year Appreciation (Backwards from 4/2023, Realtor Data): 12.15%
- 3-Year Appreciation (Backwards from 4/2023, Realtor Data): 56.25%
- 5-Year Appreciation (Backwards from 4/2023, Realtor Data): 68.25%
- 10-Year Appreciation (Backwards from 4/2023, Realtor Data): 154.83%
- 15-Year Appreciation (Backwards from 4/2023, Realtor Data): 79.63%
- 20-Year Appreciation (Backwards from 4/2023, Realtor Data): 194.81%
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Historical & Recent Rent Appreciation Rates
- YTD Rent Appreciation (Backwards from 4/2023, Realtor Data): 6.26%
- 1-Year Rent Appreciation (Backwards from 4/2023, Realtor Data): 7.06%
- 3-Year Rent Appreciation (Backwards from 4/2023, Realtor Data): 43.27%
- 5-Year Rent Appreciation (Backwards from 4/2023, Realtor Data): 56.63%