Real Estate Investing in Pompano Beach, Florida (33062)
Everything the listing leaves out — vacancy, rent trend, cap rate, landlord climate. All free.
Should you buy in 33062 (Pompano Beach, 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: 39.0% of homes vacant — above national norms.
What’s happening in Pompano Beach, FL (33062)?
Click any question — our AI will research it live from the web and show you sources.
Market Analysis: 33062 Pompano Beach
ZIP 33062 in Pompano Beach, FL carries a resilient set of headwinds. Home values near $477K and rents of $3,004/mo sit inside a market where underwriting has to be tight.
The investment case in 33062 is significant only for operators who understand what they are buying. A $477K median suggests accessibility, but management intensity, vacancy drift, and capex surprises are real.
In the broader FL picture, 33062 is a reminder that not every low-priced ZIP is a value-add opportunity — some are simply distressed, and the difference matters.
Demographically, 33062 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.
Strategically, 33062 can be a high-return sleeve of a diversified portfolio — but it should not be the whole portfolio, and it should not be someone's first deal.
Here's what matters if you're considering buying a home in Pompano Beach:
Property Strategy for 33062
Which property type performs best in this market?
📊 Compare All Property Types →
| Type | Median Value | Est. Rent | Cap Rate | 5yr CAGR | $/Bedroom |
|---|---|---|---|---|---|
| 1BR | $250,276 | $2,290 | 6.6% | +6.7% | $250,276 |
| 2BR | $450,660 | $2,810 | 4.5% | +6.2% | $225,330 |
| 3BR | $1,042,685 | $3,870 | 2.7% | +9.4% | $347,562 |
| 4BR | $1,480,073 | $4,590 | 2.2% | +12.2% | $370,018 |
| 5BR | $3,272,591 | — | — | +11.1% | $654,518 |
Market Trends
Home Value History (with trend line)
Rent History (with trend line)
📊 How Does 33062 Compare?
| Metric | 33062 | Pompano Beach | Miami-Fort Lauderdale-Pompano Beach, FL | Florida |
|---|---|---|---|---|
| Home Value | $477,265 | $377,487 | N/A | $374,697 |
| 5-Year CAGR | 4.4% | 4.7% | N/A | 7.4% |
| Avg Rent | $3,004 | $2,437 | N/A | - |
| Cap Rate | 4.9% | 5.3% | - | - |
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 33062 (Pompano Beach, FL). Anonymous, moderated, never written by AI.
Do you own or manage rentals in ZIP 33062 (Pompano Beach, 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 | $477,265 |
| Monthly Rent | $3,004 |
| Price-to-Rent | 13.2:1 |
| 1% Rule | ✗ Fails |
💰 Return Metrics
| Gross Yield | 7.6% |
| Cap Rate | 4.9% |
| 5-Year IRR | 9.3% |
📈 Home Appreciation
| 1-Year | -0.1% ▼ |
| 3-Year CAGR | -2.0% ▼ |
| 5-Year CAGR | +4.4% ▲ |
| 10-Year CAGR | +5.0% ▲ |
🏠 Rent Trends
| 1-Year | +2.1% ▲ |
| 3-Year CAGR | +1.7% ▲ |
| 5-Year CAGR | +4.3% ▲ |
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 33062
Population: 25,495
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 33062
Nearby Schools (5 more)
Schools in adjacent ZIP codes that may serve this area
SANDERS PARK ELEMENTARY SCHOOL
CRESTHAVEN ELEMENTARY SCHOOL
CYPRESS ELEMENTARY SCHOOL
NORCREST ELEMENTARY SCHOOL
BRIGHT HORIZONS
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
What is the investability score for Pompano Beach, FL?
Yes - Pompano Beach, FL a 3.0/5 investability score. With $477K home prices against $3,004/mo monthly rent, the market delivers a reasonable entry point for new investors.
How much should I expect to pay for a home in Pompano Beach, FL?
Expect median prices around $477K in Pompano Beach, FL. The market has run at a 0.0% 5-year CAGR, so entry costs have been stable.
How much is rent in Pompano Beach, FL?
Rents in Pompano Beach, FL run near $3,004/mo. Compared with median home prices of $477K that produces solid gross yields for typical rentals.
How do landlord-tenant laws work in Pompano Beach, FL?
FL law landlord-friendly for landlords, and Pompano Beach inherits those rules. Investors should still review local ordinances for rental licensing.
Do landlords face vacancy issues in Pompano Beach, FL?
Expect elevated vacancy in Pompano Beach, FL. Rents at $3,004/mo are absorbed by the tenant base without meaningful lag.
You know 33062 now. You don’t know where it ranks.
This page stays free — all of it. What one page can’t tell you is how 33062 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 33062 ranks in Miami-Fort Lauderdale-Pompano Beach, FL
Every ZIP in this metro, ranked. Free.
AI Market Advisor
Ask questions about investing in 33062 (Pompano Beach)
Community Ratings
What people who’ve spent time here actually say. Not paid reviews.
Be the first to rate 33062 (Pompano Beach, FL).
It takes 30 seconds. No signup. Your rating helps everyone who comes here after you.