Real Estate Investing in Flagler Beach, Florida (32136)
Everything the listing leaves out — vacancy, rent trend, cap rate, landlord climate. All free.
Should you buy in 32136 (Flagler Beach, FL)? Our answer, based on the numbers below.
Multiple negative signals. Better options likely exist nearby.
A middle-of-the-road market. Workable, but the best opportunities may be nearby ZIPs rather than this one.
- High vacancy: 29.1% of homes vacant — above national norms.
What’s happening in Flagler Beach, FL (32136)?
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Market Analysis: 32136 Flagler Beach
The 32136 ZIP covers a section of Flagler Beach that demands careful diligence. Prices near $456K look accessible, but the work to make a deal cash flow is real.
Put differently, the numbers look inviting — $456K purchase price, 0.0% nominal cap — the work to hit that pro forma in 32136 is substantial and deserves full respect.
Regionally, 32136 sits on the difficult end of the FL spectrum. The a solid fit for read — for disciplined operators — is that pricing reflects the difficulty.
Resident income in 32136 sits below the county median. That reality colors rent collection, vacancy, and reinvestment math in ways that outside investors often underestimate.
New investors are better served looking at Flagler Beach's stable or hybrid ZIPs before stepping into 32136. The learning curve here is expensive when the lesson is wrong.
Here's what matters if you're considering buying a home in Flagler Beach:
Property Strategy for 32136
Which property type performs best in this market?
📊 Compare All Property Types →
| Type | Median Value | Est. Rent | Cap Rate | 5yr CAGR | $/Bedroom |
|---|---|---|---|---|---|
| 1BR | $206,750 | $1,270 | 4.4% | +5.1% | $206,750 |
| 2BR | $312,379 | $1,560 | 3.6% | +5.0% | $156,190 |
| 3BR | $562,562 | $2,130 | 2.7% | +7.1% | $187,521 |
| 4BR | $730,548 | $2,440 | 2.4% | +8.1% | $182,637 |
| 5BR | $992,680 | — | — | +9.5% | $198,536 |
Market Trends
Home Value History (with trend line)
Rent History (with trend line)
📊 How Does 32136 Compare?
| Metric | 32136 | Flagler Beach | Deltona-Daytona Beach-Ormond Beach, FL | Florida |
|---|---|---|---|---|
| Home Value | $456,111 | $456,111 | N/A | $374,697 |
| 5-Year CAGR | 2.5% | 2.5% | N/A | 7.4% |
| Avg Rent | $2,187 | $2,187 | N/A | - |
| Cap Rate | 3.7% | 3.7% | - | - |
Similar ZIPs Within 25 Miles
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Landlord Ground Truth
Real numbers from people who own or manage rentals in ZIP 32136 (Flagler Beach, FL). Anonymous, moderated, never written by AI.
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📊 Market Snapshot
| Home Value | $456,111 |
| Monthly Rent | $2,187 |
| Price-to-Rent | 17.4:1 |
| 1% Rule | ✗ Fails |
💰 Return Metrics
| Gross Yield | 5.8% |
| Cap Rate | 3.7% |
| 5-Year IRR | 6.3% |
📈 Home Appreciation
| 1-Year | +0.1% ▲ |
| 3-Year CAGR | -2.1% ▼ |
| 5-Year CAGR | +2.5% ▲ |
| 10-Year CAGR | +6.0% ▲ |
🏠 Rent Trends
| 1-Year | N/A |
| 3-Year CAGR | N/A |
| 5-Year CAGR | N/A |
The current 30-yr mortgage rate (6.8%) exceeds the estimated cap rate (3.7%). Financing reduces your cash-on-cash return below the cap rate. Markets like this may still make sense as IRR plays — factoring in appreciation, depreciation, and a future refinance when rates drop.
Run an IRR Analysis →⚠️ Risk Signals
Composite view of factors that can impact a ZIP's stability and your downside risk.
Demographics in 32136
Population: 8,303
Crime & Safety
Crime & Safety Data Coming Soon
We're integrating comprehensive crime statistics including violent crime rates, property crime, and safety scores to help you make informed investment decisions.
Expected: Q1 2025
🎓 Schools in 32136
Schools in This ZIP Code
About Repit School Scores
Traditional school ratings rely heavily on standardized test scores, which often reflect family income more than school quality. Repit takes a different approach.
We evaluate schools based on factors that research shows actually impact educational outcomes:
- Class Size — Smaller classes mean more individual attention
- School Funding — Resources available for programs, staff, and facilities
- Community Factors — Neighborhood characteristics that influence student success
- School Environment — Size, type, and structure
Scores are updated annually using federal education data.
🎓 Nearby Colleges & Universities
Frequently Asked Questions
How much does a house cost in Flagler Beach, FL?
Median home price in Flagler Beach, FL is near $456K, with a 5-year CAGR of 0.0%. Prices have been measured and supportive of buy-and-hold strategies.
Is the tenant base reliable in Flagler Beach, FL?
Tenant quality in Flagler Beach, FL ranks as solid. Landlords generally report consistent occupancy at market rents of $2,187/mo.
What is it like being a landlord in Flagler Beach, FL?
The landlord environment in Flagler Beach, FL is landlord-friendly. Statewide rules shape most day-to-day operations for rental owners.
Does a duplex house hack pencil in Flagler Beach, FL?
House hacking in Flagler Beach, FL is reasonable to execute. Prices around $456K and rents of $2,187/mo solid owner-occupant economics.
Do rentals sit vacant long in Flagler Beach, FL?
Occupancy in Flagler Beach, FL runs consistent with elevated vacancy. Well-priced units at $2,187/mo lease on reasonable timelines.
You know 32136 now. You don’t know where it ranks.
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How 32136 ranks in Deltona-Daytona Beach-Ormond Beach, FL
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