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Pembroke Pines, FL Investment Data and Rental Metrics
Investment Data & Rental Metrics
LTR & STR financial performance, market growth indicators, and school ratings.
LTR Financial Performance
Median Price
LTR Rent
$2,563
Monthly Cash Flow
-$404
Principal + Equity
$3,438
Annual Total Gain
$36,414
Cash on Cash
-3.94%
Net ROI %
STR Financial Performance
Median Price
Avg. Daily Rate
$119
Occupancy Rate
29.41%
Monthly Revenue
$683
Monthly Cash Flow
-$2,386
Principal + Equity
$3,438
Annual Total Gain
$12,626
Cash on Cash %
-23.3%
Net ROI %
Market Health & Growth
Median Income
$81,675
Population
170,557
LTR Renter %
29.17%
Forecast (1 yr)
1.77%
Appreciation (1 yr)
-3.9%
Appreciation (5 yr)
50.13%
Appreciation (10 yr)
105.6%
Job Growth
2.26%
LTR Rentability
Moderate
STR Demand
7
STR Rentals
17
Top Public Schools
AThe College Academy at Broward College
AMcFatter Technical High School
A
A
A
Market Grades and Information
Best Places to Live Ranking
Public school quality, cost of living, commute, and lifestyle ratings.
B
Overall
Top-level market grade
Most Diverse Suburbs in Florida
#30out of 380 markets
Most Diverse Places to Live in Florida
#62out of 1195 markets
Best Suburbs for Young Professionals in Florida
#101out of 380 markets
B
Public School
C
Crime And Safety
C-
Housing
B-
Nightlife
B
Good For Families
Diversity
Jobs
Weather
Cost Of Living
Health And Fitness
Outdoor Activities
Commute
Short-Term Rental (STR) Regulations
Local rules and guidelines for operating short-term rentals in Pembroke Pines, FL.
In Pembroke Pines, FL, Short Term Rentals (STRs) are regulated by the city's Code of Ordinances. Here are some key regulations that an investor should be aware of before purchasing a property for Short Term Rental in Pembroke Pines:
1. Registration and Licensing: All Short Term Rental properties in Pembroke Pines must be registered with the city and obtain a Short Term Rental license. The property owner must provide proof of compliance with all applicable regulations and pay the required fees.
2. Zoning Restrictions: Pembroke Pines has specific zoning regulations that dictate where Short Term Rentals are allowed to operate. It is important for investors to ensure that the property they are considering purchasing is located in a zone that permits Short Term Rentals.
3. Occupancy Limits: The city of Pembroke Pines has occupancy limits for Short Term Rental properties, which vary depending on the size of the property. Investors should be aware of these limits and ensure that they comply with them.
4. Noise and Nuisance Regulations: Pembroke Pines has noise and nuisance regulations that apply to Short Term Rental properties. Investors should be aware of these regulations and take steps to ensure that their guests comply with them.
5. Safety and Health Regulations: Short Term Rental properties in Pembroke Pines must comply with all applicable safety and health regulations, including building codes, fire codes, and sanitation requirements. Investors should ensure that their property meets these standards.
6. Taxation: Short Term Rental properties in Pembroke Pines are subject to local lodging taxes. Investors should be aware of their tax obligations and ensure that they are in compliance with all tax laws.
Overall, investors considering purchasing a property for Short Term Rental in Pembroke Pines should carefully review the city's regulations and ensure that they are able to comply with all requirements before making an investment. Failure to comply with the city's regulations can result in fines, penalties, and even the revocation of the Short Term Rental license.
Market Trends Over Time
Explore 25 years of market data for Pembroke Pines, FL, including median property prices, long-term rental rates, and days on market — identify growth potential and gauge market stability.
Median Price
Median Rent
Days on Market
Nearest Markets
Explore nearby investment markets close to Pembroke Pines, FL.
The LTR Genie Score of Pembroke Pines, FL is 64, indicating a moderate level of long-term rental investment potential. On the other hand, the STR Genie Score is 34, suggesting a lower potential for short-term rental or Airbnb investments in the area. The higher LTR Genie Score can be attributed to the relatively high LTR Net ROI of 29.64% and the positive 1-Year Price Appreciation Forecast of 1.77%. In comparison, the lower STR Genie Score may be influenced by the lower STR Net ROI of 10.28% and the lower STR Occupancy rate of 29.41%.
Pembroke Pines, FL is a growing city located in Broward County, known for its family-friendly neighborhoods, good schools, and convenient access to major highways and amenities. The city offers a mix of housing options, from single-family homes to condominiums, making it an attractive location for real estate investors looking to diversify their portfolio.
Based on the metrics provided, Pembroke Pines, FL appears to be more attractive for long-term rental investments rather than short-term rental opportunities. With a moderate LTR Genie Score and favorable indicators such as LTR Net ROI and Price Appreciation Forecast, investors may find stable and profitable returns in the long-term rental market in this area. However, it is recommended to conduct further market research and analysis to make an informed decision based on individual investment goals and risk tolerance.
