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

Miami Shores, FL has a median modeled monthly cash flow of $-6,495 and a median cap rate of 0.4%, on a median sold price of $1,099,444. Prices changed -9.8% year over year.

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

The median cap rate across recently sold homes in Miami Shores, FL is 0.4%, based on CashFlowRE's rent and expense modeling.

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

The median sold price in Miami Shores, FL is $1,099,444 (about $636 per square foot).

Investing in Miami Shores, FL Real Estate

A data-driven snapshot of the Miami Shores, 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.

$1,099,444Median sold price

$636Median $/sqft

0.4%Median cap rate

$-6,495Modeled cash flow / mo

-9.8%Appreciation YoY

44.9Months of supply

202Active listings

54Sold (last 12 mo)

What the Miami Shores numbers say

In Miami Shores, FL, the median home sold for $1,099,444 (about $636 per square foot), and the typical deal models out to a 0.4% cap rate with a median $-6,495 of monthly cash flow. Sold prices moved -9.8% over the past year. Inventory sits at about 44.9 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 Miami Shores cash-flowing listings

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