Miami Investment Properties: What to Look For

Condos vs. Single-Family vs. Multifamily

Condos can offer a lower entry price, but HOA fees, special assessments, building reserves and rental restrictions can change the math. Some associations restrict short-term or first-year rentals or limit how many units can be leased.

Single-family rentals give you control over the property and fewer association rules, with more maintenance on you.

Small multifamily (2–4 units) spreads vacancy risk across units and may qualify for different financing options.

South Florida Costs Investors Underestimate

• Insurance: windstorm and flood coverage can be a large share of expenses
• Property taxes: taxes on an investment property can be higher than the seller's current bill, especially if the seller had a homestead exemption
• Association costs: monthly fees plus possible special assessments for building repairs and reserves
• Capital reserves: roofs, HVAC and impact windows

Financing

Investors commonly buy with cash, conventional investment loans or DSCR loans, which qualify mainly on the property's income. Mariya works alongside your lender so the property and loan match.

Next Step

Send Mariya a property you are considering, or your budget and goals, and she'll help you run the numbers. See the investment metrics explained.