Real Estate Investing in Opa-locka, Florida (33055)
Everything the listing leaves out — vacancy, rent trend, cap rate, landlord climate. All free.
Should you buy in 33055 (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.
No major risk flags on the data we track.
What’s happening in Opa-locka, FL (33055)?
Click any question — our AI will research it live from the web and show you sources.
Market Analysis: 33055 Opa-locka
Not every below-median market is a bargain. Opa-locka's 33055 ZIP records signals that favor experienced operators who can absorb the risk $505K pricing implies.
Rent of $3,196/mo on a $505K basis reads well until vacancy, delinquency, and capex enter the model. The honest cap rate in 33055 sits below the stated 0.0% once reality is priced in.
Regionally, 33055 sits on the difficult end of the FL spectrum. The an appealing option for read — for disciplined operators — is that pricing reflects the difficulty.
A solid renter share of 25% in 33055 is not, on its own, a problem — but paired with below-average income and high mobility, it changes the operating playbook.
The 33055 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 33055
Which property type performs best in this market?
📊 Compare All Property Types →
| Type | Median Value | Est. Rent | Cap Rate | 5yr CAGR | $/Bedroom |
|---|---|---|---|---|---|
| 2BR | $339,455 | $2,310 | 4.9% | +9.6% | $169,727 |
| 3BR | $494,854 | $2,960 | 4.3% | +9.8% | $164,951 |
| 4BR | $538,006 | $3,430 | 4.6% | +10.3% | $134,501 |
| 5BR | $610,647 | — | — | +9.8% | $122,129 |
Market Trends
Home Value History (with trend line)
Rent History (with trend line)
📊 How Does 33055 Compare?
| Metric | 33055 | Opa-locka | Miami-Fort Lauderdale-Pompano Beach, FL | Florida |
|---|---|---|---|---|
| Home Value | $504,739 | $467,288 | N/A | $374,697 |
| 5-Year CAGR | 7.3% | 7.5% | N/A | 7.4% |
| Avg Rent | $3,196 | $2,738 | N/A | - |
| Cap Rate | 4.9% | 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 33055 (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 | $504,739 |
| Monthly Rent | $3,196 |
| Price-to-Rent | 13.2:1 |
| 1% Rule | ✗ Fails |
💰 Return Metrics
| Gross Yield | 7.6% |
| Cap Rate | 4.9% |
| 5-Year IRR | 12.3% |
📈 Home Appreciation
| 1-Year | +0.2% ▲ |
| 3-Year CAGR | +3.2% ▲ |
| 5-Year CAGR | +7.3% ▲ |
| 10-Year CAGR | +9.7% ▲ |
🏠 Rent Trends
| 1-Year | +0.7% ▲ |
| 3-Year CAGR | +7.5% ▲ |
| 5-Year CAGR | N/A |
The current 30-yr mortgage rate (6.8%) exceeds the estimated cap rate (4.9%). 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 33055
Population: 37,226
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 33055
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 do home values compare in Opa-locka, FL?
Homes in Opa-locka, FL typically sell near $505K. Prices have moved at a 0.0% 5-year CAGR, which even-keeled long-term demand.
How qualified is the tenant pool in Opa-locka, FL?
The tenant pool in Opa-locka, FL is solid, supported by local employment and population fundamentals. Rents of $3,196/mo are well-absorbed by the market.
How much do tenants pay in Opa-locka, FL?
Expect rents around $3,196/mo per month in Opa-locka, FL. With home values at $505K, the yield math works out to reasonable levels for rental investors.
How do experienced investors play Opa-locka, FL?
Investors who focus on careful cash-flow rentals with hands-on management typically do well in Opa-locka, FL. The numbers - $505K homes against $3,196/mo rents - support that play.
Is FL a landlord-friendly state?
The landlord environment in Opa-locka, FL is landlord-friendly. Statewide rules shape most day-to-day operations for rental owners.
You know 33055 now. You don’t know where it ranks.
This page stays free — all of it. What one page can’t tell you is how 33055 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 33055 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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