Real Estate Investing in Parkland, Florida (33076)
Everything the listing leaves out — vacancy, rent trend, cap rate, landlord climate. All free.
Should you buy in 33076 (Parkland, 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 Parkland, FL (33076)?
Click any question — our AI will research it live from the web and show you sources.
Market Analysis: 33076 Parkland
ZIP 33076 inside Broward County looks affordable on the surface — median value of $882K — but the discount exists for reasons that a careful buyer should understand before committing.
The investment case in 33076 is impressive only for operators who understand what they are buying. A $882K median suggests accessibility, but management intensity, vacancy drift, and capex surprises are real.
Regionally, 33076 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 durable renter share of 14% in 33076 is not, on its own, a problem — but paired with below-average income and high mobility, it changes the operating playbook.
Strategically, 33076 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 Parkland:
Property Strategy for 33076
Which property type performs best in this market?
📊 Compare All Property Types →
| Type | Median Value | Est. Rent | Cap Rate | 5yr CAGR | $/Bedroom |
|---|---|---|---|---|---|
| 1BR | $174,862 | $2,850 | 11.7% | +7.0% | $174,862 |
| 2BR | $541,956 | $3,500 | 4.6% | +7.5% | $270,978 |
| 3BR | $558,751 | $4,820 | 6.2% | +7.4% | $186,250 |
| 4BR | $826,551 | $5,720 | 5.0% | +9.0% | $206,638 |
| 5BR | $1,203,251 | — | — | +10.3% | $240,650 |
Market Trends
Home Value History (with trend line)
Rent History (with trend line)
📊 How Does 33076 Compare?
| Metric | 33076 | Parkland | Miami-Fort Lauderdale-Pompano Beach, FL | Florida |
|---|---|---|---|---|
| Home Value | $882,234 | $817,019 | N/A | $374,697 |
| 5-Year CAGR | 5.7% | 5.8% | N/A | 7.4% |
| Avg Rent | $3,900 | $3,179 | N/A | - |
| Cap Rate | 3.5% | 3.0% | - | - |
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 33076 (Parkland, 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 | $882,234 |
| Monthly Rent | $3,900 |
| Price-to-Rent | 18.9:1 |
| 1% Rule | ✗ Fails |
💰 Return Metrics
| Gross Yield | 5.3% |
| Cap Rate | 3.5% |
| 5-Year IRR | 9.1% |
📈 Home Appreciation
| 1-Year | +0.3% ▲ |
| 3-Year CAGR | +0.1% ▲ |
| 5-Year CAGR | +5.7% ▲ |
| 10-Year CAGR | +5.7% ▲ |
🏠 Rent Trends
| 1-Year | -15.8% ▼ |
| 3-Year CAGR | -4.2% ▼ |
| 5-Year CAGR | +0.2% ▲ |
The current 30-yr mortgage rate (6.8%) exceeds the estimated cap rate (3.5%). 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 33076
Population: 44,263
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 33076
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
Investor Insight: With 2,244 students living off-campus nearby, this area has strong rental demand from the college population.
Frequently Asked Questions
What investment strategy works best in Parkland, FL?
Investors who focus on careful cash-flow rentals with hands-on management typically do well in Parkland, FL. The numbers - $882K homes against $3,900/mo rents - support that play.
How qualified is the tenant pool in Parkland, FL?
Parkland, FL offers a measured renter base at the $3,900/mo rent level. Tenant turnover is reasonable for well-managed properties.
Is FL a landlord-friendly state?
For rental operators, Parkland, FL rates as landlord-friendly. The regulatory environment standard buy-and-hold operations.
How viable is house hacking in Parkland, FL?
House hacking in Parkland, FL is reasonable to execute. Prices around $882K and rents of $3,900/mo solid owner-occupant economics.
How does Parkland, FL rate as a rental market?
Yes - Parkland, FL a 3.0/5 investability score. With $882K home prices against $3,900/mo monthly rent, the market delivers a reasonable entry point for new investors.
You know 33076 now. You don’t know where it ranks.
This page stays free — all of it. What one page can’t tell you is how 33076 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 33076 ranks in Miami-Fort Lauderdale-Pompano Beach, FL
Every ZIP in this metro, ranked. Free.
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