Real Estate Investing in Coral Gables, Florida (33146)
Everything the listing leaves out — vacancy, rent trend, cap rate, landlord climate. All free.
Should you buy in 33146 (Coral Gables, 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: 15.5% of homes vacant — above national norms.
- High price-to-rent: Price-to-rent ratio 45.2 — hard to cash-flow at these prices.
What’s happening in Coral Gables, FL (33146)?
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Market Analysis: 33146 Coral Gables
This part of Miami-Dade County is not an easy win. The 33146 ZIP reports softness in key indicators, and the playbook that works in cleaner markets often stalls here.
The 33146 ZIP can work — but only with a tight operating hand. Remote landlords and passive investors tend to struggle here more than the underwriting suggests.
In the broader FL picture, 33146 is a reminder that not every low-priced ZIP is a value-add opportunity — some are simply distressed, and the difference matters.
Resident income in 33146 sits below the county median. That reality colors rent collection, vacancy, and reinvestment math in ways that outside investors often underestimate.
Distressed ZIPs reward experience. notable returns are possible in 33146, but they flow to investors who already understand how to operate in soft markets.
Here's what matters if you're considering buying a home in Coral Gables:
Property Strategy for 33146
Which property type performs best in this market?
📊 Compare All Property Types →
| Type | Median Value | Est. Rent | Cap Rate | 5yr CAGR | $/Bedroom |
|---|---|---|---|---|---|
| 1BR | $352,769 | $2,990 | 6.1% | +7.1% | $352,769 |
| 2BR | $680,701 | $3,650 | 3.9% | +11.1% | $340,350 |
| 3BR | $1,751,055 | $4,680 | 1.9% | +14.2% | $583,685 |
| 4BR | $2,485,409 | $5,410 | 1.6% | +15.0% | $621,352 |
| 5BR | $3,944,054 | — | — | +14.1% | $788,811 |
Market Trends
Home Value History (with trend line)
Rent History (with trend line)
📊 How Does 33146 Compare?
| Metric | 33146 | Coral Gables | Miami-Fort Lauderdale-Pompano Beach, FL | Florida |
|---|---|---|---|---|
| Home Value | $1,955,688 | $1,421,827 | N/A | $374,697 |
| 5-Year CAGR | 12.5% | 10.4% | N/A | 7.4% |
| Avg Rent | $3,608 | $3,352 | N/A | - |
| Cap Rate | 1.4% | 2.1% | - | - |
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 33146 (Coral Gables, 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 | $1,955,688 |
| Monthly Rent | $3,608 |
| Price-to-Rent | 45.2:1 |
| 1% Rule | ✗ Fails |
💰 Return Metrics
| Gross Yield | 2.2% |
| Cap Rate | 1.4% |
| 5-Year IRR | 13.9% |
📈 Home Appreciation
| 1-Year | +7.8% ▲ |
| 3-Year CAGR | +7.0% ▲ |
| 5-Year CAGR | +12.5% ▲ |
| 10-Year CAGR | +8.2% ▲ |
🏠 Rent Trends
| 1-Year | +0.6% ▲ |
| 3-Year CAGR | +2.8% ▲ |
| 5-Year CAGR | +6.0% ▲ |
The current 30-yr mortgage rate (6.8%) exceeds the estimated cap rate (1.4%). 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 33146
Population: 18,861
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 33146
Schools in This ZIP Code
Nearby Schools (5 more)
Schools in adjacent ZIP codes that may serve this area
BANYAN ELEMENTARY SCHOOL
FRANCIS S.TUCKER K-8 CENTER
SOUTH MIAMI K-8 CENTER
SOMERSET ACADEMY LAKES
EMERSON 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
Where do home prices stand in Coral Gables, FL?
The median home value in Coral Gables, FL is roughly $2.0M. That puts it reasonable relative to the FL statewide average.
How does Coral Gables, FL rate as a rental market?
With a 3.0/5 investability score, Coral Gables, FL ranks as a solid market for rental property investors. Median prices of $2.0M and rents of $3,608/mo drive the underlying numbers.
Are landlord laws favorable in Coral Gables, FL?
The landlord environment in Coral Gables, FL is landlord-friendly. Statewide rules shape most day-to-day operations for rental owners.
Can I house hack in Coral Gables, FL?
House hacking works a tougher in Coral Gables, FL. Rents of $3,608/mo against $2.0M acquisition make the strategy solid for owner-occupants.
What is the typical renter like in Coral Gables, FL?
Working renters make up the core of the Coral Gables, FL tenant base. The pool is reasonable for investors targeting long-term holds.
You know 33146 now. You don’t know where it ranks.
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How 33146 ranks in Miami-Fort Lauderdale-Pompano Beach, FL
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