We analyzed 20 condos and other properties currently active in Miami, FL 33179 (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 -0.8% and a gross rental yield of 5.8%, with prices ranging from $84,999 to $3,230,765.
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
$9,151
Annual HOA
$5,668
$16,313
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.
$825,000
Single Family · 2897 sqft
$2,090,000
Single Family · 2962 sqft
$1,475,000
Single Family · 2354 sqft
Based on 20 properties analyzed by Imnoba, the average cap rate in Miami, FL 33179 is -0.8%, with a gross rental yield of 5.8% and a GRM of 17.5. This is an Imnoba estimate based on typical market rent for the area, not a guaranteed return.
We haven't verified the specific short-term rental ordinance for Miami yet — always confirm with the city and the HOA/condo documents before counting on this income.
Properties analyzed in this zip show an average annual property tax of $9,151. 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 $16,313 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.