Rent report generated Apr 6, 2025
The Rent Potential of
738 86th St Miami Beach, Florida
is $2,725 – $3,600/mo.
Rent Advice
This Miami Beach property offers a rental potential of $2,725 to $3,600 per month, based on comps and current market trends. With an annual revenue potential of $32,700 to $43,200, the estimated payback period aligns well for investors focusing on high-demand rentals. The market is competitive, driven by 96%+ occupancy rates and limited inventory. The property's proximity to the beach, lack of HOA fees, and recent upgrades (roof, hurricane windows) add to its appeal, while its smaller size and specific location may pose challenges in attracting premium tenants.
To boost rental income, consider aesthetic interior upgrades and adding energy-efficient appliances. For selling, highlighting its proximity to the beach and recent renovations is crucial. As the Miami Beach rental market is highly competitive, pricing competitively while emphasizing unique features like no HOA fees and hurricane-proof windows will attract buyers and renters alike.
What's Next?
Generate another report to compare more investment options.
Generate the Sell Potential of this home.
See what you could sell for based on similar properties.
Search for another property
Enter any address...
The accuracy of the Frontflip report and its applicability to your circumstances are not guaranteed. This calculator is offered for educational purposes only, and is not a substitute for professional advice. All figures provided by the Frontflip calculator are estimates only and are not reflective of what your actual results may be.