We analyzed 20 condos and other properties currently active in Miami Beach, FL 33139 (Miami-Dade County) to answer the question every foreign investor asks first: what does this actually return, after the costs no one mentions upfront?
Properties in this zip currently show an average cap rate of -2.6% and a gross rental yield of 4.5%, with prices ranging from $189,000 to $24,999,000.
Annual net operating income over price. Excludes mortgage.
Gross annual rent over price, before expenses.
Price over gross annual rent — lower means the property "pays for itself" faster.
Annual property tax
$35,820
Annual HOA
$23,403
$85,619
Wind/flood exposure zone — real insurance can vary by year built and exact FEMA zone.
Estimates for informational purposes only. Not investment or financial advice.
Real metrics, no gallery — full detail with photos and address is shared once you unlock the report.
$2,800,000
Single Family · 2456 sqft
$24,999,000
Condo · 5680 sqft
$10,985,000
Condo · 4750 sqft
Based on 20 properties analyzed by Imnoba, the average cap rate in Miami Beach, FL 33139 is -2.6%, with a gross rental yield of 4.5% and a GRM of 22.4. This is an Imnoba estimate based on typical market rent for the area, not a guaranteed return.
Short-term rental is heavily restricted or effectively banned in most residential zones in Miami Beach. Ordenanza histórica muy estricta en zonas residenciales (multas hasta USD 20,000 por infracción); solo ciertas zonas multifamiliares/hoteleras lo permiten.
Properties analyzed in this zip show an average annual property tax of $35,820. This figure combines real tax data from listings where available and an Imnoba estimate (typical effective rate for Miami-Dade County) where it isn't — always confirmed as reliable but not guaranteed.
Imnoba estimates an average annual insurance cost of $85,619 for properties in this zone — this area has wind/flood exposure, so real premiums can vary significantly by year built and exact FEMA zone. This is an estimate; always get a real quote from a Florida-licensed insurance agent before closing.
Of the 20 properties Imnoba analyzed in this zip, condos are the most common property type.