Real Estate Investing in Opa-locka, Florida (33054)
Everything the listing leaves out — vacancy, rent trend, cap rate, landlord climate. All free.
Should you buy in 33054 (Opa-locka, FL)? Our answer, based on the numbers below.
Mixed — home prices are stretched relative to local incomes. Run the math on your specific situation.
A middle-of-the-road market. Workable, but the best opportunities may be nearby ZIPs rather than this one.
- Lower household income: $38,952 median — tenant affordability is tighter.
What’s happening in Opa-locka, FL (33054)?
Click any question — our AI will research it live from the web and show you sources.
Market Analysis: 33054 Opa-locka
From an investor standpoint, ZIP 33054 has challenges — vacancy pressure, softer price growth, and tenant stability concerns sit alongside the $430K median. It rewards specialists, not generalists.
Distressed markets are won on execution, not on spreadsheets. ZIP 33054 records the profile where tenant screening, deferred maintenance, and local relationships determine the outcome.
Within FL, ZIP 33054 trails on several market indicators that neighboring Miami-Dade County submarkets outperform. The gap is real and solid enough to shape underwriting.
Employment concentration in 33054 leans toward sectors with higher volatility. The demographic consequence is income fluctuation that investors need to factor into their pro forma.
The 33054 ZIP fits a narrow investor profile — hands-on, patient, and willing to accept that the cap rate on paper is not the cap rate in reality.
Here's what matters if you're considering buying a home in Opa-locka:
Property Strategy for 33054
Which property type performs best in this market?
📊 Compare All Property Types →
| Type | Median Value | Est. Rent | Cap Rate | 5yr CAGR | $/Bedroom |
|---|---|---|---|---|---|
| 2BR | $357,076 | $1,930 | 3.9% | +10.4% | $178,538 |
| 3BR | $420,476 | $2,480 | 4.2% | +10.1% | $140,159 |
| 4BR | $466,496 | $2,860 | 4.4% | +9.9% | $116,624 |
| 5BR | $535,864 | — | — | +10.1% | $107,173 |
Market Trends
Home Value History (with trend line)
Rent History (with trend line)
📊 How Does 33054 Compare?
| Metric | 33054 | Opa-locka | Miami-Fort Lauderdale-Pompano Beach, FL | Florida |
|---|---|---|---|---|
| Home Value | $429,838 | $467,288 | N/A | $374,697 |
| 5-Year CAGR | 7.8% | 7.5% | N/A | 7.4% |
| Avg Rent | $2,279 | $2,738 | N/A | - |
| Cap Rate | 4.1% | 4.5% | - | - |
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 33054 (Opa-locka, FL). Anonymous, moderated, never written by AI.
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Property managers serving Miami-Dade County
Manage rentals here? List your business →Cadisa Inc. specializes in delivering reliable, hands-on property management solutions for condominium associations, commercial buildings, and multifamily communities across South Florida, with a focu summary from their website
Florida Property Management Strategies is a boutique community association management firm serving select communities in Miami, built on responsiveness and supported by systems for smooth community op summary from their website
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
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 | $429,838 |
| Monthly Rent | $2,279 |
| Price-to-Rent | 15.7:1 |
| 1% Rule | ✗ Fails |
💰 Return Metrics
| Gross Yield | 6.4% |
| Cap Rate | 4.1% |
| 5-Year IRR | 11.9% |
📈 Home Appreciation
| 1-Year | +2.2% ▲ |
| 3-Year CAGR | +3.7% ▲ |
| 5-Year CAGR | +7.8% ▲ |
| 10-Year CAGR | +12.0% ▲ |
🏠 Rent Trends
| 1-Year | -4.4% ▼ |
| 3-Year CAGR | +3.5% ▲ |
| 5-Year CAGR | N/A |
The current 30-yr mortgage rate (6.8%) exceeds the estimated cap rate (4.1%). 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 33054
Population: 31,165
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 33054
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
Where do rents currently stand in Opa-locka, FL?
Rent in Opa-locka, FL is around $2,279/mo. The resulting rent-to-value relationship with $430K pricing is reasonable for most investor models.
Which investment style suits Opa-locka, FL?
In Opa-locka, FL the solid play is typically careful cash-flow rentals with hands-on management. The combination of $430K prices and $2,279/mo rents suits that approach.
Is Opa-locka in FL worth investing in?
Opa-locka, FL scores 3.0/5 for investability. Home values sit at $430K and rents near $2,279/mo, which keeps the rent-to-price ratio in reasonable territory for buy-and-hold investors.
How high is vacancy risk in Opa-locka, FL?
Vacancy in Opa-locka, FL is elevated, which keeps landlord downtime on reasonable timelines. Most properties lease within the standard window at $2,279/mo.
What is it like being a landlord in Opa-locka, FL?
Landlord-friendliness in Opa-locka, FL is landlord-friendly. Eviction timelines and lease enforcement are considered reasonable by most property managers.
You know 33054 now. You don’t know where it ranks.
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How 33054 ranks in Miami-Fort Lauderdale-Pompano Beach, FL
Every ZIP in this metro, ranked. Free.
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Community Ratings
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