Real Estate Investing in Hallandale, Florida (33009)
Everything the listing leaves out — vacancy, rent trend, cap rate, landlord climate. All free.
Should you buy in 33009 (Hallandale, FL)? Our answer, based on the numbers below.
Proceed carefully. Weak appreciation or affordability makes this a harder case for most buyers.
A cash-flow market — rent-to-price math works from day one, though value growth is modest. Great for income-focused investors.
- High vacancy: 33.4% of homes vacant — above national norms.
- 1-year downturn: Values declined 3.4% in the last year.
What’s happening in Hallandale, FL (33009)?
Click any question — our AI will research it live from the web and show you sources.
Market Analysis: 33009 Hallandale
The 33009 ZIP in Hallandale, FL is a local-operator market. Outside capital chasing a $279K entry has to pair deep knowledge with the discount.
Distressed does not mean uninvestable. It means the margin for error is thinner. ZIP 33009 rewards the prepared, punishes the overconfident, and leaves the math unchanged either way.
In the broader FL picture, 33009 is a reminder that not every low-priced ZIP is a value-add opportunity — some are simply distressed, and the difference matters.
Demographically, 33009 is a market where tenant selection matters more than unit finishes. Operators who understand that tend to do fine; those who do not tend to learn why the ZIP trades at a discount.
The right play in 33009 usually involves deep tenant screening, aggressive delinquency response, and a conservative capex buffer. Anything less, and the discount can turn into a trap.
Here's what matters if you're considering buying a home in Hallandale:
Property Strategy for 33009
Which property type performs best in this market?
📊 Compare All Property Types →
| Type | Median Value | Est. Rent | Cap Rate | 5yr CAGR | $/Bedroom |
|---|---|---|---|---|---|
| 1BR | $185,495 | $1,950 | 7.6% | +4.8% | $185,495 |
| 2BR | $312,866 | $2,390 | 5.5% | +5.6% | $156,433 |
| 3BR | $564,826 | $3,290 | 4.2% | +7.7% | $188,275 |
| 4BR | $616,720 | $3,900 | 4.6% | +10.2% | $154,180 |
| 5BR | $2,933,524 | — | — | +14.0% | $586,705 |
Market Trends
Home Value History (with trend line)
Rent History (with trend line)
📊 How Does 33009 Compare?
| Metric | 33009 | Hallandale | Miami-Fort Lauderdale-Pompano Beach, FL | Florida |
|---|---|---|---|---|
| Home Value | $278,808 | $278,808 | N/A | $374,697 |
| 5-Year CAGR | 3.3% | 3.3% | N/A | 7.4% |
| Avg Rent | $2,404 | $2,404 | N/A | - |
| Cap Rate | 6.7% | 6.7% | - | - |
Similar ZIPs Within 25 Miles
Compare other nearby markets to see if a neighbor offers a better fit.
Landlord Ground Truth
Real numbers from people who own or manage rentals in ZIP 33009 (Hallandale, FL). Anonymous, moderated, never written by AI.
Do you own or manage rentals in ZIP 33009 (Hallandale, FL)?
~25 seconds · no account needed · your report is anonymous
Property managers serving Broward County
Manage rentals here? List your business →Maxima Property Management Inc. offers property management, real estate brokerage, second home management, and vacation rental management services in South Florida, including Pompano Beach, Fort Laude summary from their website
State Street Property Management offers property management services for owners, tenants, and associations. summary from their website
West Broward Community Management provides customized community association management services in Plantation, FL, including accounting, inspections, and handling owner/tenant requests. summary from their website
Listings are shown for convenience — Repit doesn’t endorse or vet these companies. Ratings shown come only from email-verified visitors.
📊 Market Snapshot
| Home Value | $278,808 |
| Monthly Rent | $2,404 |
| Price-to-Rent | 9.7:1 |
| 1% Rule | ✗ Fails |
💰 Return Metrics
| Gross Yield | 10.4% |
| Cap Rate | 6.7% |
| 5-Year IRR | 10.0% |
📈 Home Appreciation
| 1-Year | -3.4% ▼ |
| 3-Year CAGR | -5.2% ▼ |
| 5-Year CAGR | +3.3% ▲ |
| 10-Year CAGR | +3.6% ▲ |
🏠 Rent Trends
| 1-Year | -3.2% ▼ |
| 3-Year CAGR | -1.1% ▼ |
| 5-Year CAGR | +4.6% ▲ |
The current 30-yr mortgage rate (6.8%) is close to the estimated cap rate (6.7%). Financing this market at current rates produces a cash-on-cash return near the cap rate. Appreciation and tax benefits may still support the investment.
⚠️ Risk Signals
Composite view of factors that can impact a ZIP's stability and your downside risk.
Demographics in 33009
Population: 44,021
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 33009
Schools in This ZIP Code
Nearby Schools (5 more)
Schools in adjacent ZIP codes that may serve this area
BEN GAMLA CHARTER SCHOOL
ATTUCKS MIDDLE SCHOOL
COLBERT ELEMENTARY SCHOOL
HOLLYWOOD CENTRAL ELEMENTARY SCHOOL
MARY M BETHUNE ELEMENTARY SCHOOL
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
Investor Insight: With 734 students living off-campus nearby, this area has strong rental demand from the college population.
Frequently Asked Questions
What do landlords charge for rent in Hallandale, FL?
Rent in Hallandale, FL is around $2,404/mo. The resulting rent-to-value relationship with $279K pricing is reasonable for most investor models.
Is the tenant base reliable in Hallandale, FL?
The renter base in Hallandale, FL is reasonable for the $2,404/mo price point. Screening well and pricing to market typically yields even-keeled tenants.
Is Hallandale, FL good for house hacking?
The house hack math a challenging in Hallandale, FL. Owner-occupant buyers benefit from the $2,404/mo rents and $279K home values.
Is Hallandale, FL landlord-friendly?
FL law landlord-friendly for landlords, and Hallandale inherits those rules. Investors should still review local ordinances for rental licensing.
Where do home prices stand in Hallandale, FL?
Hallandale, FL median home values land near $279K. That is reasonable territory for investors looking at $2,404/mo-per-month rentals.
You know 33009 now. You don’t know where it ranks.
This page stays free — all of it. What one page can’t tell you is how 33009 compares to every other market. Investor ($19/mo) screens every U.S. ZIP by cap rate, the 1% rule, vacancy and landlord climate, and exports your shortlist.
How 33009 ranks in Miami-Fort Lauderdale-Pompano Beach, FL
Every ZIP in this metro, ranked. Free.
AI Market Advisor
Ask questions about investing in 33009 (Hallandale)
Community Ratings
What people who’ve spent time here actually say. Not paid reviews.
Be the first to rate 33009 (Hallandale, FL).
It takes 30 seconds. No signup. Your rating helps everyone who comes here after you.