Real Estate Investing in Miami, Florida (33143)
Everything the listing leaves out — vacancy, rent trend, cap rate, landlord climate. All free.
Should you buy in 33143 (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.
- Elevated vacancy: 9.9% vacancy may signal weakening demand.
- High price-to-rent: Price-to-rent ratio 28.9 — hard to cash-flow at these prices.
What’s happening in Miami, FL (33143)?
Click any question — our AI will research it live from the web and show you sources.
Market Analysis: 33143 Miami
This part of Miami-Dade County is not an easy win. The 33143 ZIP records softness in key indicators, and the playbook that works in cleaner markets often stalls here.
Distressed does not mean uninvestable. It means the margin for error is thinner. ZIP 33143 rewards the prepared, punishes the overconfident, and leaves the math unchanged either way.
Looking more closely, 33143 offers a low basis, the region around Miami has moved on in ways that the ZIP itself has not fully absorbed. The result is a discount with genuine reasons.
The demographic picture in 33143 includes headwinds that any investor should price in. Income distribution skews lower than Miami averages, and tenant stability requires active management.
New investors are better served looking at Miami's stable or hybrid ZIPs before stepping into 33143. The learning curve here is expensive when the lesson is wrong.
Here's what matters if you're considering buying a home in Miami:
Property Strategy for 33143
Which property type performs best in this market?
📊 Compare All Property Types →
| Type | Median Value | Est. Rent | Cap Rate | 5yr CAGR | $/Bedroom |
|---|---|---|---|---|---|
| 1BR | $239,898 | $2,380 | 7.1% | +6.3% | $239,898 |
| 2BR | $352,959 | $2,910 | 5.9% | +6.9% | $176,479 |
| 3BR | $1,131,665 | $3,730 | 2.4% | +12.6% | $377,222 |
| 4BR | $1,870,782 | $4,320 | 1.7% | +14.4% | $467,695 |
| 5BR | $4,280,932 | — | — | +15.3% | $856,186 |
Market Trends
Home Value History (with trend line)
Rent History (with trend line)
📊 How Does 33143 Compare?
| Metric | 33143 | Miami | Miami-Fort Lauderdale-Pompano Beach, FL | Florida |
|---|---|---|---|---|
| Home Value | $957,553 | $623,076 | N/A | $374,697 |
| 5-Year CAGR | 9.7% | 7.1% | N/A | 7.4% |
| Avg Rent | $2,761 | $2,887 | N/A | - |
| Cap Rate | 2.3% | 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 33143 (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 | $957,553 |
| Monthly Rent | $2,761 |
| Price-to-Rent | 28.9:1 |
| 1% Rule | ✗ Fails |
💰 Return Metrics
| Gross Yield | 3.5% |
| Cap Rate | 2.3% |
| 5-Year IRR | 11.9% |
📈 Home Appreciation
| 1-Year | +4.0% ▲ |
| 3-Year CAGR | +5.2% ▲ |
| 5-Year CAGR | +9.7% ▲ |
| 10-Year CAGR | +8.2% ▲ |
🏠 Rent Trends
| 1-Year | +3.2% ▲ |
| 3-Year CAGR | +1.8% ▲ |
| 5-Year CAGR | +6.1% ▲ |
The current 30-yr mortgage rate (6.8%) exceeds the estimated cap rate (2.3%). 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 33143
Population: 32,167
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 33143
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
Frequently Asked Questions
Is Miami, FL a good market for buy-and-hold investors?
Miami, FL scores 3.0/5 for investability. Home values sit at $958K and rents near $2,761/mo, which keeps the rent-to-price ratio in reasonable territory for buy-and-hold investors.
What are vacancy rates like in Miami, FL?
Miami, FL carries elevated vacancy risk. Expect consistent absorption at market rents of $2,761/mo.
Is Miami, FL better for rentals, flips, or BRRRR?
Investors who focus on careful cash-flow rentals with hands-on management typically do well in Miami, FL. The numbers - $958K homes against $2,761/mo rents - support that play.
Does a duplex house hack pencil in Miami, FL?
House hacking works a challenging in Miami, FL. Rents of $2,761/mo against $958K acquisition make the strategy solid for owner-occupants.
What are rental rates like in Miami, FL?
Rents in Miami, FL run near $2,761/mo. Compared with median home prices of $958K that produces solid gross yields for typical rentals.
You know 33143 now. You don’t know where it ranks.
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How 33143 ranks in Miami-Fort Lauderdale-Pompano Beach, FL
Every ZIP in this metro, ranked. Free.
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