Is Bal Harbour, FL a good place to invest in rental property?

Bal Harbour, FL has a median modeled monthly cash flow of $-17,722 and a median cap rate of -0.9%, on a median sold price of $2,200,000. Prices changed -26.3% year over year.

What is the average cap rate in Bal Harbour, FL?

The median cap rate across recently sold homes in Bal Harbour, FL is -0.9%, based on CashFlowRE's rent and expense modeling.

What is the median home price in Bal Harbour, FL?

The median sold price in Bal Harbour, FL is $2,200,000 (about $960 per square foot).

Investing in Bal Harbour, FL Real Estate

A data-driven snapshot of the Bal Harbour, FL rental-property market, built from recently sold homes and CashFlowRE's per-listing investment modeling — median price, cap rate, monthly cash flow, appreciation and inventory — so you can judge the market before you ever open a listing.

$2,200,000Median sold price

$960Median $/sqft

-0.9%Median cap rate

$-17,722Modeled cash flow / mo

-26.3%Appreciation YoY

76.1Months of supply

222Active listings

35Sold (last 12 mo)

What the Bal Harbour numbers say

In Bal Harbour, FL, the median home sold for $2,200,000 (about $960 per square foot), and the typical deal models out to a -0.9% cap rate with a median $-17,722 of monthly cash flow. Sold prices moved -26.3% over the past year. Inventory sits at about 76.1 months of supply — a looser, buyer-friendly market. These are medians across recorded sales; individual properties vary widely, which is exactly what CashFlowRE scores listing by listing.

Other Florida markets to compare

See Bal Harbour cash-flowing listings

CashFlowRE ranks every for-sale home in Bal Harbour, FL by cap rate, cash-on-cash return, DSCR and monthly cash flow — so the best rental deals rise to the top. Create a free account to screen Bal Harbour deals, or browse the national market data.