Is Miami Beach, FL a good place to invest in rental property?

Miami Beach, FL has a median modeled monthly cash flow of $-2,981 and a median cap rate of 1.1%, on a median sold price of $650,000. Prices changed +11.5% year over year.

What is the average cap rate in Miami Beach, FL?

The median cap rate across recently sold homes in Miami Beach, FL is 1.1%, based on CashFlowRE's rent and expense modeling.

What is the median home price in Miami Beach, FL?

The median sold price in Miami Beach, FL is $650,000 (about $629 per square foot).

Investing in Miami Beach, FL Real Estate

A data-driven snapshot of the Miami Beach, 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.

$650,000Median sold price

$629Median $/sqft

1.1%Median cap rate

$-2,981Modeled cash flow / mo

+11.5%Appreciation YoY

80.6Months of supply

3,394Active listings

505Sold (last 12 mo)

What the Miami Beach numbers say

In Miami Beach, FL, the median home sold for $650,000 (about $629 per square foot), and the typical deal models out to a 1.1% cap rate with a median $-2,981 of monthly cash flow. Sold prices moved +11.5% over the past year. Inventory sits at about 80.6 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.

🔨 See 4 fix-and-flip deals in Miami Beach — listings where the estimated after-repair value beats list price + rehab.

Other Florida markets to compare

See Miami Beach cash-flowing listings

CashFlowRE ranks every for-sale home in Miami Beach, 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 Miami Beach deals, or browse the national market data.