Real Estate Investing in Oakland Park, Florida (33309)
Everything the listing leaves out — vacancy, rent trend, cap rate, landlord climate. All free.
Should you buy in 33309 (Oakland Park, 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 Oakland Park, FL (33309)?
Click any question — our AI will research it live from the web and show you sources.
Market Analysis: 33309 Oakland Park
The 33309 ZIP in Oakland Park, FL is a local-operator market. Outside capital chasing a $376K entry has to pair deep knowledge with the discount.
Rent of $2,260/mo on a $376K basis reads well until vacancy, delinquency, and capex enter the model. The honest cap rate in 33309 sits below the stated 0.0% once reality is priced in.
Regionally, 33309 sits on the difficult end of the FL spectrum. The worth a close look for read — for disciplined operators — is that pricing reflects the difficulty.
Resident income in 33309 sits below the county median. That reality colors rent collection, vacancy, and reinvestment math in ways that outside investors often underestimate.
New investors are better served looking at Oakland Park's stable or hybrid ZIPs before stepping into 33309. The learning curve here is expensive when the lesson is wrong.
Here's what matters if you're considering buying a home in Oakland Park:
Property Strategy for 33309
Which property type performs best in this market?
📊 Compare All Property Types →
| Type | Median Value | Est. Rent | Cap Rate | 5yr CAGR | $/Bedroom |
|---|---|---|---|---|---|
| 1BR | $160,785 | $1,900 | 8.5% | +6.3% | $160,785 |
| 2BR | $266,728 | $2,330 | 6.3% | +6.8% | $133,364 |
| 3BR | $453,342 | $3,210 | 5.1% | +8.0% | $151,114 |
| 4BR | $515,469 | $3,800 | 5.3% | +8.6% | $128,867 |
Market Trends
Home Value History (with trend line)
Rent History (with trend line)
📊 How Does 33309 Compare?
| Metric | 33309 | Oakland Park | Miami-Fort Lauderdale-Pompano Beach, FL | Florida |
|---|---|---|---|---|
| Home Value | $376,258 | $408,566 | N/A | $374,697 |
| 5-Year CAGR | 5.8% | 5.5% | N/A | 7.4% |
| Avg Rent | $2,260 | $2,216 | N/A | - |
| Cap Rate | 4.7% | 4.3% | - | - |
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 33309 (Oakland Park, 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 | $376,258 |
| Monthly Rent | $2,260 |
| Price-to-Rent | 13.9:1 |
| 1% Rule | ✗ Fails |
💰 Return Metrics
| Gross Yield | 7.2% |
| Cap Rate | 4.7% |
| 5-Year IRR | 10.5% |
📈 Home Appreciation
| 1-Year | -0.9% ▼ |
| 3-Year CAGR | +0.4% ▲ |
| 5-Year CAGR | +5.8% ▲ |
| 10-Year CAGR | +8.8% ▲ |
🏠 Rent Trends
| 1-Year | -0.5% ▼ |
| 3-Year CAGR | +0.1% ▲ |
| 5-Year CAGR | +5.7% ▲ |
The current 30-yr mortgage rate (6.8%) exceeds the estimated cap rate (4.7%). 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 33309
Population: 38,074
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 33309
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
JAMES S. RICKARDS MIDDLE SCHOOL
LAKEWOOD RANCH PREPARATORY ACADEMY
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
How much does a house cost in Oakland Park, FL?
In Oakland Park, FL the median home value sits at $376K. Against the broader FL market, that reads as reasonable for most investors.
Are tenants stable in Oakland Park, FL?
Working renters make up the core of the Oakland Park, FL tenant base. The pool is reasonable for investors targeting long-term holds.
Can I house hack in Oakland Park, FL?
Oakland Park, FL is a a challenging market for house hackers. FHA or conventional owner-occupant buyers find the $376K price point reasonable to enter.
Should investors consider Oakland Park, FL?
With a 3.0/5 investability score, Oakland Park, FL ranks as a solid market for rental property investors. Median prices of $376K and rents of $2,260/mo drive the underlying numbers.
How strict are landlord regulations in Oakland Park, FL?
Rental owners in Oakland Park, FL deal with a landlord-friendly legal framework. Most standard eviction processes run on reasonable timelines.
You know 33309 now. You don’t know where it ranks.
This page stays free — all of it. What one page can’t tell you is how 33309 compares to every other market. Investor ($19/mo) screens every U.S. ZIP by cap rate, the 1% rule, vacancy and landlord climate, and exports your shortlist.
How 33309 ranks in Miami-Fort Lauderdale-Pompano Beach, FL
Every ZIP in this metro, ranked. Free.
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Community Ratings
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