Miami remains one of the most internationally driven real-estate markets in the United States, fueled by inbound migration from the Northeast, Latin American capital, and a no-state-income-tax structure.
Median Price
$595,000
Cap Rate
5.20%
Yield
6.20%
Vacancy
4.50%
What investors should underwrite for
Investors who buy in Miami today are typically underwriting for appreciation and short-term rental income rather than month-one cash flow. Stress-test insurance at 1.5x today's quote and verify HOA reserves before closing on any condo.
Next step
Use our rental ROI calculator with Miami-specific rents and taxes to run a complete deal-level analysis on any property you are considering.