Real Estate Investing in North Miami, Florida (33168)
Everything the listing leaves out — vacancy, rent trend, cap rate, landlord climate. All free.
Should you buy in 33168 (North Miami, FL)? Our answer, based on the numbers below.
Solid choice — values are growing steadily and the market is stable enough to buy with confidence.
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 North Miami, FL (33168)?
Click any question — our AI will research it live from the web and show you sources.
Market Analysis: 33168 North Miami
ZIP 33168 inside Miami-Dade County looks affordable on the surface — median value of $465K — but the discount exists for reasons that a careful buyer should understand before committing.
Distressed does not mean uninvestable. It means the margin for error is thinner. ZIP 33168 rewards the prepared, punishes the overconfident, and leaves the math unchanged either way.
In the broader FL picture, 33168 is a reminder that not every low-priced ZIP is a value-add opportunity — some are simply distressed, and the difference matters.
Employment concentration in 33168 leans toward sectors with higher volatility. The demographic consequence is income fluctuation that investors need to factor into their pro forma.
Experienced landlords with local relationships tend to find 33168 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 North Miami:
Property Strategy for 33168
Which property type performs best in this market?
📊 Compare All Property Types →
| Type | Median Value | Est. Rent | Cap Rate | 5yr CAGR | $/Bedroom |
|---|---|---|---|---|---|
| 2BR | $401,221 | $2,170 | 3.9% | +9.7% | $200,611 |
| 3BR | $473,915 | $2,790 | 4.2% | +9.8% | $157,972 |
| 4BR | $544,548 | $3,220 | 4.3% | +9.7% | $136,137 |
| 5BR | $639,413 | — | — | +10.1% | $127,883 |
Market Trends
Home Value History (with trend line)
Rent History (with trend line)
📊 How Does 33168 Compare?
| Metric | 33168 | North Miami | Miami-Fort Lauderdale-Pompano Beach, FL | Florida |
|---|---|---|---|---|
| Home Value | $465,034 | $428,261 | N/A | $374,697 |
| 5-Year CAGR | 7.1% | 6.8% | N/A | 7.4% |
| Avg Rent | $2,539 | $2,430 | N/A | - |
| Cap Rate | 4.3% | 4.6% | - | - |
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 33168 (North 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 | $465,034 |
| Monthly Rent | $2,539 |
| Price-to-Rent | 15.3:1 |
| 1% Rule | ✗ Fails |
💰 Return Metrics
| Gross Yield | 6.6% |
| Cap Rate | 4.3% |
| 5-Year IRR | 11.4% |
📈 Home Appreciation
| 1-Year | +1.4% ▲ |
| 3-Year CAGR | +2.3% ▲ |
| 5-Year CAGR | +7.1% ▲ |
| 10-Year CAGR | +10.8% ▲ |
🏠 Rent Trends
| 1-Year | -17.9% ▼ |
| 3-Year CAGR | N/A |
| 5-Year CAGR | N/A |
The current 30-yr mortgage rate (6.8%) exceeds the estimated cap rate (4.3%). 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 33168
Population: 22,556
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 33168
Schools in This ZIP Code
Nearby Schools (5 more)
Schools in adjacent ZIP codes that may serve this area
LAKEVIEW ELEMENTARY SCHOOL
NORTH MIAMI ELEMENTARY SCHOOL
ARCHCREEK ELEMENTARY SCHOOL
ARCOLA LAKE ELEMENTARY SCHOOL
CARRIE P. MEEK/WESTVIEW K-8 CENTER
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 North Miami, FL a smart market for rental property?
The 3.0/5 investability rating in North Miami, FL reflects its $465K prices and $2,539/mo rents. Investors generally consider it a solid option within FL.
Are there empty rentals in North Miami, FL?
Vacancy in North Miami, FL is elevated, which keeps landlord downtime on reasonable timelines. Most properties lease within the standard window at $2,539/mo.
Where do rents currently stand in North Miami, FL?
The typical rental in North Miami, FL commands about $2,539/mo monthly. That rent profile consistent cash flow against the $465K purchase basis.
How strict are landlord regulations in North Miami, FL?
Rental owners in North Miami, FL deal with a landlord-friendly legal framework. Most standard eviction processes run on reasonable timelines.
How deep is the rental pool in North Miami, FL?
Expect a solid tenant pool in North Miami, FL. The rental market absorbs $2,539/mo rents without meaningful friction.
You know 33168 now. You don’t know where it ranks.
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How 33168 ranks in Miami-Fort Lauderdale-Pompano Beach, FL
Every ZIP in this metro, ranked. Free.
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