Real Estate Investing in Fort Lauderdale, Florida (33308)
Everything the listing leaves out — vacancy, rent trend, cap rate, landlord climate. All free.
Should you buy in 33308 (Fort Lauderdale, FL)? Our answer, based on the numbers below.
Proceed carefully. Weak appreciation or affordability makes this a harder case for most buyers.
A cash-flow market — rent-to-price math works from day one, though value growth is modest. Great for income-focused investors.
- High vacancy: 33.6% of homes vacant — above national norms.
What’s happening in Fort Lauderdale, FL (33308)?
Click any question — our AI will research it live from the web and show you sources.
Market Analysis: 33308 Fort Lauderdale
ZIP 33308 inside Broward County looks affordable on the surface — median value of $525K — but the discount exists for reasons that a careful buyer should understand before committing.
The 33308 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, 33308 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 33308 sits below the county median. That reality colors rent collection, vacancy, and reinvestment math in ways that outside investors often underestimate.
Experienced landlords with local relationships tend to find 33308 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 Fort Lauderdale:
Property Strategy for 33308
Which property type performs best in this market?
📊 Compare All Property Types →
| Type | Median Value | Est. Rent | Cap Rate | 5yr CAGR | $/Bedroom |
|---|---|---|---|---|---|
| 1BR | $233,284 | $2,310 | 7.1% | +4.7% | $233,284 |
| 2BR | $465,869 | $2,840 | 4.4% | +6.1% | $232,934 |
| 3BR | $999,938 | $3,910 | 2.8% | +8.6% | $333,313 |
| 4BR | $1,632,853 | $4,640 | 2.0% | +12.3% | $408,213 |
| 5BR | $3,295,088 | — | — | +13.2% | $659,018 |
Market Trends
Home Value History (with trend line)
Rent History (with trend line)
📊 How Does 33308 Compare?
| Metric | 33308 | Fort Lauderdale | Miami-Fort Lauderdale-Pompano Beach, FL | Florida |
|---|---|---|---|---|
| Home Value | $524,759 | $145,543 | N/A | $374,697 |
| 5-Year CAGR | 4.6% | 5.2% | N/A | 7.4% |
| Avg Rent | $2,697 | $2,603 | N/A | - |
| Cap Rate | 4.0% | 3.5% | - | - |
Similar ZIPs Within 25 Miles
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Landlord Ground Truth
Real numbers from people who own or manage rentals in ZIP 33308 (Fort Lauderdale, FL). Anonymous, moderated, never written by AI.
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Property managers serving Broward County
Manage rentals here? List your business →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
State Street Property Management offers property management services for owners, tenants, and associations. summary from their website
West Broward Community Management provides customized community association management services in Plantation, FL, including accounting, inspections, and handling owner/tenant requests. 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 | $524,759 |
| Monthly Rent | $2,697 |
| Price-to-Rent | 16.2:1 |
| 1% Rule | ✗ Fails |
💰 Return Metrics
| Gross Yield | 6.2% |
| Cap Rate | 4.0% |
| 5-Year IRR | 8.6% |
📈 Home Appreciation
| 1-Year | -0.3% ▼ |
| 3-Year CAGR | -2.2% ▼ |
| 5-Year CAGR | +4.6% ▲ |
| 10-Year CAGR | +4.9% ▲ |
🏠 Rent Trends
| 1-Year | -3.8% ▼ |
| 3-Year CAGR | -0.3% ▼ |
| 5-Year CAGR | +4.9% ▲ |
The current 30-yr mortgage rate (6.8%) exceeds the estimated cap rate (4.0%). 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 33308
Population: 27,261
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 33308
Schools in This ZIP Code
Nearby Schools (5 more)
Schools in adjacent ZIP codes that may serve this area
OAKLAND PARK ELEMENTARY SCHOOL
FLORANADA ELEMENTARY SCHOOL
NORTH ANDREWS GARDENS ELEMENTARY SCHOOL
WILTON MANORS ELEMENTARY SCHOOL
JAMES S. RICKARDS MIDDLE 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
Are there empty rentals in Fort Lauderdale, FL?
Fort Lauderdale, FL sees elevated vacancy, which is reasonable relative to the broader FL rental market.
Is it easy to find good tenants in Fort Lauderdale, FL?
Tenant demand in Fort Lauderdale, FL is solid. The local workforce $2,697/mo rents across most rental classes.
Is Fort Lauderdale, FL a good place for real estate investing?
Yes - Fort Lauderdale, FL a 3.0/5 investability score. With $525K home prices against $2,697/mo monthly rent, the market delivers a reasonable entry point for new investors.
Can I live-in-and-rent in Fort Lauderdale, FL?
House hacking in Fort Lauderdale, FL is a challenging. With home values around $525K and rents at $2,697/mo, owner-occupants can offset a meaningful share of PITI.
What is the typical rental rate in Fort Lauderdale, FL?
Investors in Fort Lauderdale, FL typically see rents near $2,697/mo per month against $525K home values - a solid setup for rental cash flow.
You know 33308 now. You don’t know where it ranks.
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How 33308 ranks in Miami-Fort Lauderdale-Pompano Beach, FL
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