Real Estate Investing in Coconut Creek, Florida (33066)
Everything the listing leaves out — vacancy, rent trend, cap rate, landlord climate. All free.
Should you buy in 33066 (Coconut Creek, FL)? Our answer, based on the numbers below.
Mixed signals — some positives, some negatives. Worth considering but not a slam-dunk.
A cash-flow market — rent-to-price math works from day one, though value growth is modest. Great for income-focused investors.
- High vacancy: 19.7% of homes vacant — above national norms.
- 1-year downturn: Values declined 9.0% in the last year.
What’s happening in Coconut Creek, FL (33066)?
Click any question — our AI will research it live from the web and show you sources.
Market Analysis: 33066 Coconut Creek
The 33066 postal area feels like a middle-of-the-road market for Coconut Creek. Homes trade near $199K, rents pull $2,486/mo, and volatility is notably absent.
Investors who dislike surprises tend to like 33066. The a credible choice for blend of $2,486/mo rent, $199K median value, and modest growth has held through multiple cycles.
Compared with the rest of FL, ZIP 33066 tracks near the median on most investment metrics. That is the definition of a reliable market rather than a remarkable one.
The 33066 ZIP attracts long-tenure households — families, middle-income earners, and established owner-occupants. That profile tends to correspond with predictable market behavior.
Operators who want a low-touch, long-hold rental inside Coconut Creek should take 33066 seriously. Neither the rent nor the price is going to surprise anyone, and that is precisely the point.
Here's what matters if you're considering buying a home in Coconut Creek:
Property Strategy for 33066
Which property type performs best in this market?
📊 Compare All Property Types →
| Type | Median Value | Est. Rent | Cap Rate | 5yr CAGR | $/Bedroom |
|---|---|---|---|---|---|
| 1BR | $95,836 | $1,820 | 13.7% | +4.1% | $95,836 |
| 2BR | $187,789 | $2,240 | 8.6% | +4.5% | $93,894 |
| 3BR | $371,205 | $3,090 | 6.0% | +6.2% | $123,735 |
| 4BR | $572,489 | $3,660 | 4.6% | +8.1% | $143,122 |
Market Trends
Home Value History (with trend line)
Rent History (with trend line)
📊 How Does 33066 Compare?
| Metric | 33066 | Coconut Creek | Miami-Fort Lauderdale-Pompano Beach, FL | Florida |
|---|---|---|---|---|
| Home Value | $198,866 | $359,942 | N/A | $374,697 |
| 5-Year CAGR | 2.4% | 3.5% | N/A | 7.4% |
| Avg Rent | $2,486 | $2,450 | N/A | - |
| Cap Rate | 9.8% | 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 33066 (Coconut Creek, FL). Anonymous, moderated, never written by AI.
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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 | $198,866 |
| Monthly Rent | $2,486 |
| Price-to-Rent | 6.7:1 |
| 1% Rule | ✓ Passes |
💰 Return Metrics
| Gross Yield | 15.0% |
| Cap Rate | 9.8% |
| 5-Year IRR | 12.2% |
📈 Home Appreciation
| 1-Year | -9.0% ▼ |
| 3-Year CAGR | -7.5% ▼ |
| 5-Year CAGR | +2.4% ▲ |
| 10-Year CAGR | +5.2% ▲ |
🏠 Rent Trends
| 1-Year | +19.2% ▲ |
| 3-Year CAGR | +7.4% ▲ |
| 5-Year CAGR | N/A |
The estimated cap rate (9.8%) exceeds the current 30-yr mortgage rate (6.8%). When borrowing costs less than a property yields, leverage can increase your cash-on-cash return above the cap rate.
⚠️ Risk Signals
Composite view of factors that can impact a ZIP's stability and your downside risk.
Demographics in 33066
Population: 16,673
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 33066
Schools in This ZIP Code
Nearby Schools (5 more)
Schools in adjacent ZIP codes that may serve this area
ATLANTIC TECHNICAL COLLEGE
ATLANTIC WEST ELEMENTARY SCHOOL
CHARLES DREW ELEMENTARY SCHOOL
ROBERT C. MARKHAM ELEMENTARY
CYPRESS RUN ALTERNATIVE CENTER
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 2,244 students living off-campus nearby, this area has strong rental demand from the college population.
Frequently Asked Questions
How strict are landlord regulations in Coconut Creek, FL?
Coconut Creek, FL operates under FL law, which is landlord-friendly overall for landlords. Expect stable treatment in typical lease and eviction cases.
What strategy should investors use in Coconut Creek, FL?
Investors usually favor steady buy-and-hold investing in Coconut Creek, FL. With home values at $199K and rents near $2,486/mo, other strategies can work but produce stable rather than outsized returns.
Does house hacking make sense in Coconut Creek, FL?
House hacking works an attractive in Coconut Creek, FL. Rents of $2,486/mo against $199K acquisition make the strategy solid for owner-occupants.
How does Coconut Creek, FL stack up for property investment?
Coconut Creek, FL shows an investability rating of 5.0/5, with median home values near $199K and average rents around $2,486/mo. That combination puts it in the resilient tier for investor interest.
What is the median home value in Coconut Creek, FL?
Typical homes in Coconut Creek, FL go for around $199K. The 5-year CAGR of 0.0% reliable price movement.
You know 33066 now. You don’t know where it ranks.
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How 33066 ranks in Miami-Fort Lauderdale-Pompano Beach, FL
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