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

South Miami, FL has a median modeled monthly cash flow of $-2,574 and a median cap rate of 2.4%, on a median sold price of $810,000. Prices changed +16.6% year over year.

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

The median cap rate across recently sold homes in South Miami, FL is 2.4%, based on CashFlowRE's rent and expense modeling.

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

The median sold price in South Miami, FL is $810,000 (about $562 per square foot).

Investing in South Miami, FL Real Estate

A data-driven snapshot of the South Miami, 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.

$810,000Median sold price

$562Median $/sqft

2.4%Median cap rate

$-2,574Modeled cash flow / mo

+16.6%Appreciation YoY

49.1Months of supply

139Active listings

34Sold (last 12 mo)

What the South Miami numbers say

In South Miami, FL, the median home sold for $810,000 (about $562 per square foot), and the typical deal models out to a 2.4% cap rate with a median $-2,574 of monthly cash flow. Sold prices moved +16.6% over the past year. Inventory sits at about 49.1 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 South Miami cash-flowing listings

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