Real Estate Investing in Miami, Florida (33127)
Everything the listing leaves out — vacancy, rent trend, cap rate, landlord climate. All free.
Should you buy in 33127 (Miami, FL)? Our answer, based on the numbers below.
Proceed carefully. Weak appreciation or affordability makes this a harder case for most buyers.
Rare combination of both appreciation and cash flow. These markets don't last long — worth serious consideration.
- High vacancy: 15.2% of homes vacant — above national norms.
- Elevated poverty: 24.9% poverty rate — can affect rent collection.
- Lower household income: $39,690 median — tenant affordability is tighter.
What’s happening in Miami, FL (33127)?
Click any question — our AI will research it live from the web and show you sources.
Market Analysis: 33127 Miami
The 33127 ZIP covers a section of Miami that demands careful diligence. Prices near $528K look accessible, but the work to make a deal cash flow is real.
If the plan assumes clean turnover, on-time rent, and low maintenance on a $528K asset, 33127 is the wrong submarket. If the plan prices in friction, the yield can still work.
The gap between 33127 and stronger Miami ZIPs is not closing quickly. Investors should weight long-horizon assumptions accordingly.
Turning to rents, 27,585 residents fill the ZIP, renter turnover runs higher than neighboring postal codes and delinquency risk is a real line item rather than a theoretical one.
Strategically, 33127 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 Miami:
Property Strategy for 33127
Which property type performs best in this market?
📊 Compare All Property Types →
| Type | Median Value | Est. Rent | Cap Rate | 5yr CAGR | $/Bedroom |
|---|---|---|---|---|---|
| 1BR | $447,043 | $1,750 | 2.8% | +2.0% | $447,043 |
| 2BR | $447,713 | $2,140 | 3.4% | +12.3% | $223,856 |
| 3BR | $536,033 | $2,750 | 3.7% | +11.8% | $178,678 |
| 4BR | $598,495 | $3,170 | 3.8% | +12.5% | $149,624 |
Market Trends
Home Value History (with trend line)
Rent History (with trend line)
📊 How Does 33127 Compare?
| Metric | 33127 | Miami | Miami-Fort Lauderdale-Pompano Beach, FL | Florida |
|---|---|---|---|---|
| Home Value | $528,160 | $623,076 | N/A | $374,697 |
| 5-Year CAGR | 8.4% | 7.1% | N/A | 7.4% |
| Avg Rent | $2,975 | $2,887 | N/A | - |
| Cap Rate | 4.4% | 3.9% | - | - |
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 33127 (Miami, FL). Anonymous, moderated, never written by AI.
Do you own or manage rentals in ZIP 33127 (Miami, FL)?
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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 | $528,160 |
| Monthly Rent | $2,975 |
| Price-to-Rent | 14.8:1 |
| 1% Rule | ✗ Fails |
💰 Return Metrics
| Gross Yield | 6.8% |
| Cap Rate | 4.4% |
| 5-Year IRR | 12.8% |
📈 Home Appreciation
| 1-Year | +0.4% ▲ |
| 3-Year CAGR | +3.6% ▲ |
| 5-Year CAGR | +8.4% ▲ |
| 10-Year CAGR | +12.3% ▲ |
🏠 Rent Trends
| 1-Year | +6.3% ▲ |
| 3-Year CAGR | +3.8% ▲ |
| 5-Year CAGR | +8.5% ▲ |
The current 30-yr mortgage rate (6.8%) exceeds the estimated cap rate (4.4%). 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 33127
Population: 27,585
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 33127
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 3,319 students living off-campus nearby, this area has strong rental demand from the college population.
Frequently Asked Questions
What is the best play in Miami, FL?
A careful cash-flow rentals with hands-on management strategy Miami, FL best. The market produces predictable results for that approach at the $528K price point.
What is the renter demographic in Miami, FL?
The tenant pool in Miami, FL is solid, supported by local employment and population fundamentals. Rents of $2,975/mo are well-absorbed by the market.
Is Miami, FL a smart market for rental property?
Our data puts Miami, FL at 3.0/5 for investability. Home prices of $528K and rents around $2,975/mo create a solid backdrop for investor activity.
Can I house hack in Miami, FL?
For house hackers, Miami, FL is a challenging. The $2,975/mo rent on a unit helps defray the mortgage on a $528K property.
How landlord-friendly is Miami, FL?
For rental operators, Miami, FL rates as landlord-friendly. The regulatory environment standard buy-and-hold operations.
You know 33127 now. You don’t know where it ranks.
This page stays free — all of it. What one page can’t tell you is how 33127 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 33127 ranks in Miami-Fort Lauderdale-Pompano Beach, FL
Every ZIP in this metro, ranked. Free.
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