Real Estate Investing in Plantation, Florida (33324)
Everything the listing leaves out — vacancy, rent trend, cap rate, landlord climate. All free.
Should you buy in 33324 (Plantation, FL)? Our answer, based on the numbers below.
Solid choice — stable market with a reasonable entry point and good rental backup if you ever need to move.
A cash-flow market — rent-to-price math works from day one, though value growth is modest. Great for income-focused investors.
- Elevated vacancy: 10.3% vacancy may signal weakening demand.
- 1-year downturn: Values declined 3.5% in the last year.
What’s happening in Plantation, FL (33324)?
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Market Analysis: 33324 Plantation
ZIP 33324 inside Broward County looks affordable on the surface — median value of $356K — but the discount exists for reasons that a careful buyer should understand before committing.
Distressed markets are won on execution, not on spreadsheets. ZIP 33324 clocks in at the profile where tenant screening, deferred maintenance, and local relationships determine the outcome.
Nearby ZIPs in Plantation have seen price recovery that 33324 has not matched. Broward County data supports the view that the spread is structural rather than temporary.
Demographically, 33324 is a market where tenant selection matters more than unit finishes. Operators who understand that tend to do fine; those who do not tend to learn why the ZIP trades at a discount.
The 33324 ZIP fits a narrow investor profile — hands-on, patient, and willing to accept that the cap rate on paper is not the cap rate in reality.
Here's what matters if you're considering buying a home in Plantation:
Property Strategy for 33324
Which property type performs best in this market?
📊 Compare All Property Types →
| Type | Median Value | Est. Rent | Cap Rate | 5yr CAGR | $/Bedroom |
|---|---|---|---|---|---|
| 1BR | $170,494 | $2,400 | 10.1% | +6.8% | $170,494 |
| 2BR | $266,701 | $2,950 | 8.0% | +6.6% | $133,351 |
| 3BR | $424,977 | $4,070 | 6.9% | +7.3% | $141,659 |
| 4BR | $767,259 | $4,820 | 4.5% | +9.5% | $191,815 |
| 5BR | $1,584,174 | — | — | +11.4% | $316,835 |
Market Trends
Home Value History (with trend line)
Rent History (with trend line)
📊 How Does 33324 Compare?
| Metric | 33324 | Plantation | Miami-Fort Lauderdale-Pompano Beach, FL | Florida |
|---|---|---|---|---|
| Home Value | $356,377 | $355,548 | N/A | $374,697 |
| 5-Year CAGR | 4.5% | 5.1% | N/A | 7.4% |
| Avg Rent | $2,447 | $2,569 | N/A | - |
| Cap Rate | 5.4% | 4.4% | - | - |
Similar ZIPs Within 25 Miles
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Landlord Ground Truth
Real numbers from people who own or manage rentals in ZIP 33324 (Plantation, 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 | $356,377 |
| Monthly Rent | $2,447 |
| Price-to-Rent | 12.1:1 |
| 1% Rule | ✗ Fails |
💰 Return Metrics
| Gross Yield | 8.2% |
| Cap Rate | 5.4% |
| 5-Year IRR | 9.9% |
📈 Home Appreciation
| 1-Year | -3.5% ▼ |
| 3-Year CAGR | -1.4% ▼ |
| 5-Year CAGR | +4.5% ▲ |
| 10-Year CAGR | +5.7% ▲ |
🏠 Rent Trends
| 1-Year | -0.5% ▼ |
| 3-Year CAGR | +0.5% ▲ |
| 5-Year CAGR | +5.2% ▲ |
The current 30-yr mortgage rate (6.8%) exceeds the estimated cap rate (5.4%). 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 33324
Population: 50,072
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 33324
Schools in This ZIP Code
Nearby Schools (5 more)
Schools in adjacent ZIP codes that may serve this area
HORIZON ELEMENTARY SCHOOL
NOB HILL ELEMENTARY SCHOOL
SAWGRASS ELEMENTARY SCHOOL
BAIR MIDDLE SCHOOL
FLAMINGO ELEMENTARY SCHOOL
About Repit School Scores
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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 is rent in Plantation, FL?
Average rent in Plantation, FL is approximately $2,447/mo per month. Against $356K home values that yields a reasonable rent-to-price ratio.
Do rentals sit vacant long in Plantation, FL?
Plantation, FL vacancy trends elevated. Investors running standard buy-and-hold plays see reasonable downtime between tenants.
What kind of market is Plantation, FL for investors?
Plantation, FL scores 3.0/5 for investability. Home values sit at $356K and rents near $2,447/mo, which keeps the rent-to-price ratio in reasonable territory for buy-and-hold investors.
What approach is best for Plantation, FL real estate?
Plantation, FL investors pursuing careful cash-flow rentals with hands-on management. The underlying economics ($356K prices, $2,447/mo rents) make it a reasonable choice.
What is it like being a landlord in Plantation, FL?
Landlord-friendliness in Plantation, FL is landlord-friendly. Eviction timelines and lease enforcement are considered reasonable by most property managers.
You know 33324 now. You don’t know where it ranks.
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How 33324 ranks in Miami-Fort Lauderdale-Pompano Beach, FL
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