Real Estate Investing in Lake Worth Beach, Florida (33462)
Everything the listing leaves out — vacancy, rent trend, cap rate, landlord climate. All free.
Should you buy in 33462 (Lake Worth Beach, 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.
- High vacancy: 19.2% of homes vacant — above national norms.
What’s happening in Lake Worth Beach, FL (33462)?
Click any question — our AI will research it live from the web and show you sources.
Market Analysis: 33462 Lake Worth Beach
Investors eyeing 33462 need to respect the fundamentals at play. Home values of $392K come alongside slower price movement and elevated management overhead.
Distressed markets are won on execution, not on spreadsheets. ZIP 33462 sits at the profile where tenant screening, deferred maintenance, and local relationships determine the outcome.
From an investor standpoint, 33462 offers a low basis, the region around Lake Worth Beach has moved on in ways that the ZIP itself has not fully absorbed. The result is a discount with genuine reasons.
Who lives in 33462 is part of why the ZIP is priced as it is. The demographic profile requires hands-on management, tight screening, and local knowledge.
Strategy in 33462 is an operator game, not a passive one. Meanwhile, entry prices of $392K are inviting, the management lift is real and non-optional.
Here's what matters if you're considering buying a home in Lake Worth Beach:
Property Strategy for 33462
Which property type performs best in this market?
📊 Compare All Property Types →
| Type | Median Value | Est. Rent | Cap Rate | 5yr CAGR | $/Bedroom |
|---|---|---|---|---|---|
| 1BR | $152,555 | $1,720 | 8.1% | +6.5% | $152,555 |
| 2BR | $281,223 | $2,040 | 5.2% | +7.3% | $140,611 |
| 3BR | $435,925 | $2,640 | 4.4% | +8.1% | $145,308 |
| 4BR | $570,305 | $3,070 | 3.9% | +9.1% | $142,576 |
| 5BR | $3,102,324 | — | — | +13.5% | $620,465 |
Market Trends
Home Value History (with trend line)
Rent History (with trend line)
📊 How Does 33462 Compare?
| Metric | 33462 | Lake Worth Beach | Miami-Fort Lauderdale-Pompano Beach, FL | Florida |
|---|---|---|---|---|
| Home Value | $392,021 | $501,938 | N/A | $374,697 |
| 5-Year CAGR | 5.1% | 5.3% | N/A | 7.4% |
| Avg Rent | $2,381 | $2,323 | N/A | - |
| Cap Rate | 4.7% | 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 33462 (Lake Worth Beach, FL). Anonymous, moderated, never written by AI.
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Property managers serving Palm Beach County
Manage rentals here? List your business →Ibero Property Management and Real Estate Services offers apartment, multifamily, commercial, and rental management, alongside real estate services for sellers, buyers, and investors. summary from their website
Mangrove Property Management specializes in leasing, management, and sales of rental properties including single-family homes, townhomes, condos, and multi-family buildings in Northern and Central Pal 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 | $392,021 |
| Monthly Rent | $2,381 |
| Price-to-Rent | 13.7:1 |
| 1% Rule | ✗ Fails |
💰 Return Metrics
| Gross Yield | 7.3% |
| Cap Rate | 4.7% |
| 5-Year IRR | 9.8% |
📈 Home Appreciation
| 1-Year | +0.9% ▲ |
| 3-Year CAGR | +0.1% ▲ |
| 5-Year CAGR | +5.1% ▲ |
| 10-Year CAGR | +7.1% ▲ |
🏠 Rent Trends
| 1-Year | -1.5% ▼ |
| 3-Year CAGR | +0.5% ▲ |
| 5-Year CAGR | N/A |
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 33462
Population: 32,495
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 33462
Schools in This ZIP Code
Nearby Schools (5 more)
Schools in adjacent ZIP codes that may serve this area
HIGHLAND ELEMENTARY SCHOOL
SOUTH GRADE ELEMENTARY SCHOOL
NORTH GRADE K-8
CLIFFORD O TAYLOR/KIRKLANE ELEMENTARY
PALM SPRINGS ELEMENTARY 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
Investor Insight: With 7,213 students living off-campus nearby, this area has strong rental demand from the college population.
Frequently Asked Questions
Is Lake Worth Beach, FL better for rentals, flips, or BRRRR?
Lake Worth Beach, FL investors pursuing careful cash-flow rentals with hands-on management. The underlying economics ($392K prices, $2,381/mo rents) make it a reasonable choice.
How strong is Lake Worth Beach, FL for real estate investors?
Lake Worth Beach, FL rates 3.0/5 for investability. With median values at $392K and rents near $2,381/mo, the market offers reasonable fundamentals for rental investors.
Is FL a landlord-friendly state?
Landlord-friendliness in Lake Worth Beach, FL is landlord-friendly. Eviction timelines and lease enforcement are considered reasonable by most property managers.
Is Lake Worth Beach, FL good for house hacking?
The house hack math a challenging in Lake Worth Beach, FL. Owner-occupant buyers benefit from the $2,381/mo rents and $392K home values.
How expensive is real estate in Lake Worth Beach, FL?
The median home value in Lake Worth Beach, FL is roughly $392K. That puts it reasonable relative to the FL statewide average.
You know 33462 now. You don’t know where it ranks.
This page stays free — all of it. What one page can’t tell you is how 33462 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 33462 ranks in Miami-Fort Lauderdale-Pompano Beach, FL
Every ZIP in this metro, ranked. Free.
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