Real Estate Investing in Miami, Florida (33170)
Everything the listing leaves out — vacancy, rent trend, cap rate, landlord climate. All free.
Should you buy in 33170 (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: 8.7% vacancy may signal weakening demand.
What’s happening in Miami, FL (33170)?
Click any question — our AI will research it live from the web and show you sources.
Market Analysis: 33170 Miami
Turning to rents, ZIP 33170 has challenges — vacancy pressure, softer price growth, and tenant stability concerns sit alongside the $573K median. It rewards specialists, not generalists.
If the plan assumes clean turnover, on-time rent, and low maintenance on a $573K asset, 33170 is the wrong submarket. If the plan prices in friction, the yield can still work.
Regionally, 33170 sits on the difficult end of the FL spectrum. The a viable market for read — for disciplined operators — is that pricing reflects the difficulty.
Resident income in 33170 sits below the county median. That reality colors rent collection, vacancy, and reinvestment math in ways that outside investors often underestimate.
Strategically, 33170 can be a high-return sleeve of a diversified portfolio — but it should not be the whole portfolio, and it should not be someone's first deal.
Here's what matters if you're considering buying a home in Miami:
Property Strategy for 33170
Which property type performs best in this market?
📊 Compare All Property Types →
| Type | Median Value | Est. Rent | Cap Rate | 5yr CAGR | $/Bedroom |
|---|---|---|---|---|---|
| 2BR | $439,322 | $2,270 | 3.7% | +11.6% | $219,661 |
| 3BR | $502,731 | $2,910 | 4.2% | +11.4% | $167,577 |
| 4BR | $628,266 | $3,370 | 3.9% | +10.7% | $157,067 |
| 5BR | $759,077 | — | — | +11.7% | $151,815 |
Market Trends
Home Value History (with trend line)
Rent History (with trend line)
📊 How Does 33170 Compare?
| Metric | 33170 | Miami | Miami-Fort Lauderdale-Pompano Beach, FL | Florida |
|---|---|---|---|---|
| Home Value | $572,990 | $623,076 | N/A | $374,697 |
| 5-Year CAGR | 7.7% | 7.1% | N/A | 7.4% |
| Avg Rent | $2,406 | $2,887 | N/A | - |
| Cap Rate | 3.3% | 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 33170 (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 | $572,990 |
| Monthly Rent | $2,406 |
| Price-to-Rent | 19.9:1 |
| 1% Rule | ✗ Fails |
💰 Return Metrics
| Gross Yield | 5.0% |
| Cap Rate | 3.3% |
| 5-Year IRR | 11.0% |
📈 Home Appreciation
| 1-Year | -0.4% ▼ |
| 3-Year CAGR | +3.4% ▲ |
| 5-Year CAGR | +7.7% ▲ |
| 10-Year CAGR | +9.4% ▲ |
🏠 Rent Trends
| 1-Year | -20.0% ▼ |
| 3-Year CAGR | N/A |
| 5-Year CAGR | N/A |
The current 30-yr mortgage rate (6.8%) exceeds the estimated cap rate (3.3%). 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 33170
Population: 14,763
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 33170
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
Investor Insight: With 688 students living off-campus nearby, this area has strong rental demand from the college population.
Frequently Asked Questions
What is the typical rental rate in Miami, FL?
The typical rental in Miami, FL commands about $2,406/mo monthly. That rent profile reliable cash flow against the $573K purchase basis.
What is the typical home price in Miami, FL?
Homes in Miami, FL typically sell near $573K. Prices have moved at a 0.0% 5-year CAGR, which consistent long-term demand.
What is the typical vacancy rate in Miami, FL?
Miami, FL vacancy trends elevated. Investors running standard buy-and-hold plays see reasonable downtime between tenants.
How strict are landlord regulations in Miami, FL?
Miami, FL operates under FL law, which is landlord-friendly overall for landlords. Expect steady treatment in typical lease and eviction cases.
What strategy should investors use in Miami, FL?
Investors usually favor careful cash-flow rentals with hands-on management in Miami, FL. With home values at $573K and rents near $2,406/mo, other strategies can work but produce consistent rather than outsized returns.
You know 33170 now. You don’t know where it ranks.
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How 33170 ranks in Miami-Fort Lauderdale-Pompano Beach, FL
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