Real Estate Investing in Miami, Florida (33133)
Everything the listing leaves out — vacancy, rent trend, cap rate, landlord climate. All free.
Should you buy in 33133 (Miami, FL)? Our answer, based on the numbers below.
Proceed carefully. Weak appreciation or affordability makes this a harder case for most buyers.
A middle-of-the-road market. Workable, but the best opportunities may be nearby ZIPs rather than this one.
- High vacancy: 14.7% of homes vacant — above national norms.
- High price-to-rent: Price-to-rent ratio 29.7 — hard to cash-flow at these prices.
What’s happening in Miami, FL (33133)?
Click any question — our AI will research it live from the web and show you sources.
Market Analysis: 33133 Miami
The 33133 ZIP in Miami, FL is a local-operator market. Outside capital chasing a $1.4M entry has to pair deep knowledge with the discount.
For an experienced owner, 33133 can be a a strong candidate for hunting ground — but the discount at $1.4M reflects genuine risk that outside investors often underestimate.
ZIP 33133's metrics run below Miami-Dade County's averages on price growth and tenant stability. Investors who ignore that regional gap tend to relearn it the hard way.
The demographic picture in 33133 includes headwinds that any investor should price in. Income distribution skews lower than Miami averages, and tenant stability requires active management.
The 33133 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 Miami:
Property Strategy for 33133
Which property type performs best in this market?
📊 Compare All Property Types →
| Type | Median Value | Est. Rent | Cap Rate | 5yr CAGR | $/Bedroom |
|---|---|---|---|---|---|
| 1BR | $402,477 | $2,490 | 4.5% | +9.1% | $402,477 |
| 2BR | $885,196 | $3,040 | 2.5% | +10.3% | $442,598 |
| 3BR | $1,578,885 | $3,900 | 1.8% | +13.1% | $526,295 |
| 4BR | $2,626,393 | $4,510 | 1.2% | +15.0% | $656,598 |
| 5BR | $4,671,487 | — | — | +14.6% | $934,297 |
Market Trends
Home Value History (with trend line)
Rent History (with trend line)
📊 How Does 33133 Compare?
| Metric | 33133 | Miami | Miami-Fort Lauderdale-Pompano Beach, FL | Florida |
|---|---|---|---|---|
| Home Value | $1,352,044 | $623,076 | N/A | $374,697 |
| 5-Year CAGR | 10.8% | 7.1% | N/A | 7.4% |
| Avg Rent | $3,793 | $2,887 | N/A | - |
| Cap Rate | 2.2% | 3.9% | - | - |
Similar ZIPs Within 25 Miles
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Landlord Ground Truth
Real numbers from people who own or manage rentals in ZIP 33133 (Miami, 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 | $1,352,044 |
| Monthly Rent | $3,793 |
| Price-to-Rent | 29.7:1 |
| 1% Rule | ✗ Fails |
💰 Return Metrics
| Gross Yield | 3.4% |
| Cap Rate | 2.2% |
| 5-Year IRR | 13.0% |
📈 Home Appreciation
| 1-Year | +10.8% ▲ |
| 3-Year CAGR | +6.5% ▲ |
| 5-Year CAGR | +10.8% ▲ |
| 10-Year CAGR | +7.7% ▲ |
🏠 Rent Trends
| 1-Year | +11.1% ▲ |
| 3-Year CAGR | +7.2% ▲ |
| 5-Year CAGR | +11.0% ▲ |
The current 30-yr mortgage rate (6.8%) exceeds the estimated cap rate (2.2%). 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 33133
Population: 34,651
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 33133
Schools in This ZIP Code
Nearby Schools (5 more)
Schools in adjacent ZIP codes that may serve this area
AUBURNDALE ELEMENTARY SCHOOL
HENRY S. WEST LABORATORY SCHOOL
INTERNATIONAL STUDIES PREPARATORY ACADEMY
PONCE DE LEON MIDDLE SCHOOL
ALPHA CHARTER OF EXCELLENCE
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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
Does house hacking make sense in Miami, FL?
House hacking in Miami, FL is reasonable to execute. Prices around $1.4M and rents of $3,793/mo solid owner-occupant economics.
How landlord-friendly is Miami, FL?
Landlord-friendliness in Miami, FL is landlord-friendly. Eviction timelines and lease enforcement are considered reasonable by most property managers.
What is the typical renter like in Miami, FL?
Tenant quality in Miami, FL ranks as solid. Landlords generally report even-keeled occupancy at market rents of $3,793/mo.
What are rental rates like in Miami, FL?
Average rent in Miami, FL is approximately $3,793/mo per month. Against $1.4M home values that yields a reasonable rent-to-price ratio.
What is the median home value in Miami, FL?
Expect median prices around $1.4M in Miami, FL. The market has run at a 0.0% 5-year CAGR, so entry costs have been reliable.
You know 33133 now. You don’t know where it ranks.
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How 33133 ranks in Miami-Fort Lauderdale-Pompano Beach, FL
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