Real Estate Investing in Miami, Florida (33145)
Everything the listing leaves out — vacancy, rent trend, cap rate, landlord climate. All free.
Should you buy in 33145 (Miami, 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 Miami, FL (33145)?
Click any question — our AI will research it live from the web and show you sources.
Market Analysis: 33145 Miami
ZIP 33145 inside Miami-Dade County looks affordable on the surface — median value of $736K — but the discount exists for reasons that a careful buyer should understand before committing.
Rent of $3,018/mo on a $736K basis reads well until vacancy, delinquency, and capex enter the model. The honest cap rate in 33145 sits below the stated 0.0% once reality is priced in.
Statewide comparisons place 33145 among FL's softer markets. That context does not make the ZIP uninvestable, but it does raise the bar for due diligence.
The 33145 ZIP's population of 29,454 has faced economic pressure over the last decade. That pressure shows up in rent delinquency patterns that records the need for careful underwriting.
Experienced landlords with local relationships tend to find 33145 workable. Turnkey investors from out of state usually find the numbers do not hold up in practice.
Here's what matters if you're considering buying a home in Miami:
Property Strategy for 33145
Which property type performs best in this market?
📊 Compare All Property Types →
| Type | Median Value | Est. Rent | Cap Rate | 5yr CAGR | $/Bedroom |
|---|---|---|---|---|---|
| 1BR | $316,190 | $2,420 | 5.5% | +7.0% | $316,190 |
| 2BR | $552,122 | $2,950 | 3.8% | +9.8% | $276,061 |
| 3BR | $832,436 | $3,790 | 3.3% | +10.8% | $277,479 |
| 4BR | $1,001,443 | $4,380 | 3.1% | +11.3% | $250,361 |
| 5BR | $1,084,418 | — | — | +11.1% | $216,884 |
Market Trends
Home Value History (with trend line)
Rent History (with trend line)
📊 How Does 33145 Compare?
| Metric | 33145 | Miami | Miami-Fort Lauderdale-Pompano Beach, FL | Florida |
|---|---|---|---|---|
| Home Value | $735,527 | $623,076 | N/A | $374,697 |
| 5-Year CAGR | 7.8% | 7.1% | N/A | 7.4% |
| Avg Rent | $3,018 | $2,887 | N/A | - |
| Cap Rate | 3.2% | 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 33145 (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 | $735,527 |
| Monthly Rent | $3,018 |
| Price-to-Rent | 20.3:1 |
| 1% Rule | ✗ Fails |
💰 Return Metrics
| Gross Yield | 4.9% |
| Cap Rate | 3.2% |
| 5-Year IRR | 11.0% |
📈 Home Appreciation
| 1-Year | +4.4% ▲ |
| 3-Year CAGR | +3.6% ▲ |
| 5-Year CAGR | +7.8% ▲ |
| 10-Year CAGR | +7.5% ▲ |
🏠 Rent Trends
| 1-Year | +9.2% ▲ |
| 3-Year CAGR | +5.4% ▲ |
| 5-Year CAGR | +9.2% ▲ |
The current 30-yr mortgage rate (6.8%) exceeds the estimated cap rate (3.2%). 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 33145
Population: 29,454
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 33145
Schools in This ZIP Code
Nearby Schools (5 more)
Schools in adjacent ZIP codes that may serve this area
FRANCIS S.TUCKER K-8 CENTER
PHYLLIS WHEATLEY ELEMENTARY SCHOOL
ADA MERRITT K-8 CENTER
AUBURNDALE ELEMENTARY SCHOOL
COCONUT GROVE ELEMENTARY SCHOOL
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
What is the average monthly rent in Miami, FL?
Investors in Miami, FL typically see rents near $3,018/mo per month against $736K home values - a solid setup for rental cash flow.
How do landlord-tenant laws work in Miami, FL?
Landlord-friendliness in Miami, FL is landlord-friendly. Eviction timelines and lease enforcement are considered reasonable by most property managers.
Do rentals sit vacant long in Miami, FL?
Miami, FL vacancy trends elevated. Investors running standard buy-and-hold plays see reasonable downtime between tenants.
Does a duplex house hack pencil in Miami, FL?
House hacking works a challenging in Miami, FL. Rents of $3,018/mo against $736K acquisition make the strategy solid for owner-occupants.
How strong is Miami, FL for real estate investors?
Our data puts Miami, FL at 3.0/5 for investability. Home prices of $736K and rents around $3,018/mo create a solid backdrop for investor activity.
You know 33145 now. You don’t know where it ranks.
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How 33145 ranks in Miami-Fort Lauderdale-Pompano Beach, FL
Every ZIP in this metro, ranked. Free.
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