Real Estate Investing in Miami, Florida (33177)
Should you buy in 33177 (Miami, 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 Miami, FL (33177)?
Click any question — our AI will research it live from the web and show you sources.
Market Analysis: 33177 Miami
ZIP 33177 in Miami, FL carries a impressive set of headwinds. Home values near $573K and rents of $2,781/mo sit inside a market where underwriting has to be tight.
The investment case in 33177 is resilient only for operators who understand what they are buying. A $573K median suggests accessibility, but management intensity, vacancy drift, and capex surprises are real.
ZIP 33177's metrics run below Miami-Dade County's averages on price growth and tenant stability. Investors who ignore that regional gap tend to relearn it the hard way.
Resident income in 33177 sits below the county median. That reality colors rent collection, vacancy, and reinvestment math in ways that outside investors often underestimate.
Distressed ZIPs reward experience. impressive returns are possible in 33177, but they flow to investors who already understand how to operate in soft markets.
Here's what matters if you're considering buying a home in Miami:
Property Strategy for 33177
Which property type performs best in this market?
📊 Compare All Property Types →
| Type | Median Value | Est. Rent | Cap Rate | 5yr CAGR | $/Bedroom |
|---|---|---|---|---|---|
| 2BR | $437,699 | $2,900 | 4.8% | +10.3% | $218,849 |
| 3BR | $537,653 | $3,720 | 5.0% | +10.7% | $179,218 |
| 4BR | $647,345 | $4,300 | 4.8% | +10.8% | $161,836 |
| 5BR | $839,208 | — | — | +11.8% | $167,842 |
Market Trends
Home Value History (with trend line)
Rent History (with trend line)
📊 How Does 33177 Compare?
| Metric | 33177 | Miami | Miami-Fort Lauderdale-Pompano Beach, FL | Florida |
|---|---|---|---|---|
| Home Value | $573,161 | $620,201 | N/A | $374,697 |
| 5-Year CAGR | 8.6% | 8.0% | N/A | 7.4% |
| Avg Rent | $2,781 | $2,882 | N/A | - |
| Cap Rate | 3.8% | 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 33177 (Miami, FL). Anonymous, moderated, never written by AI.
Do you own or manage rentals in ZIP 33177 (Miami, FL)?
~25 seconds · no account needed · your report is anonymous
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 | $573,161 |
| Monthly Rent | $2,781 |
| Price-to-Rent | 17.2:1 |
| 1% Rule | ✗ Fails |
💰 Return Metrics
| Gross Yield | 5.8% |
| Cap Rate | 3.8% |
| 5-Year IRR | 12.4% |
📈 Home Appreciation
| 1-Year | -0.8% ▼ |
| 3-Year CAGR | +4.6% ▲ |
| 5-Year CAGR | +8.6% ▲ |
| 10-Year CAGR | +9.3% ▲ |
🏠 Rent Trends
| 1-Year | +1.5% ▲ |
| 3-Year CAGR | +2.1% ▲ |
| 5-Year CAGR | +8.4% ▲ |
The current 30-yr mortgage rate (6.5%) exceeds the estimated cap rate (3.8%). 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 33177
Population: 58,097
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 33177
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?
Investors in Miami, FL typically see rents near $2,781/mo per month against $573K home values - a solid setup for rental cash flow.
Can I live-in-and-rent in Miami, FL?
House hacking in Miami, FL is a challenging. With home values around $573K and rents at $2,781/mo, owner-occupants can offset a meaningful share of PITI.
What kind of market is Miami, FL for investors?
Our data puts Miami, FL at 3.0/5 for investability. Home prices of $573K and rents around $2,781/mo create a solid backdrop for investor activity.
How much does a house cost in Miami, FL?
In Miami, FL the median home value sits at $573K. Against the broader FL market, that reads as reasonable for most investors.
Are there empty rentals in Miami, FL?
Miami, FL sees elevated vacancy, which is reasonable relative to the broader FL rental market.
See what 33177 really looks like for investors
You're reading the free snapshot. Unlock appreciation trends, cap rates, vacancy signals, Section 8 data, and full demographics for 33177.
AI Market Advisor
Ask questions about investing in 33177 (Miami)
Community Ratings
What people who’ve spent time here actually say. Not paid reviews.
Be the first to rate 33177 (Miami, FL).
It takes 30 seconds. No signup. Your rating helps everyone who comes here after you.