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

South Beach, FL has a median modeled monthly cash flow of $-2,543 and a median cap rate of 2.1%, on a median sold price of $1,053,100. Prices changed -3.4% year over year.

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

The median cap rate across recently sold homes in South Beach, FL is 2.1%, based on CashFlowRE's rent and expense modeling.

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

The median sold price in South Beach, FL is $1,053,100 (about $453 per square foot).

Investing in South Beach, FL Real Estate

A data-driven snapshot of the South 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.

$1,053,100Median sold price

$453Median $/sqft

2.1%Median cap rate

$-2,543Modeled cash flow / mo

-3.4%Appreciation YoY

10.8Months of supply

112Active listings

125Sold (last 12 mo)

What the South Beach numbers say

In South Beach, FL, the median home sold for $1,053,100 (about $453 per square foot), and the typical deal models out to a 2.1% cap rate with a median $-2,543 of monthly cash flow. Sold prices moved -3.4% over the past year. Inventory sits at about 10.8 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 South Beach cash-flowing listings

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