Rent to own Homes in Doral, FL
Escalating home values. What would you say to an investment that yielded 22% in the past year? That's exactly how much home values went up in Doral. Projected increases for this year are still good at 8.2%, so start looking for your dream home among the for sale and rent to own houses near NW 110th Avenue, NW 74th Street, or other streets nearby.
Doral, FL is a great place for affordable rent-to-own homes! With a median household income of over $75,138 and a median rent of $2,082, the Doral, FL rent-to-own market is more affordable than the traditional housing market which has shown tremendous growth across the U.S. and with it, aggressive competition for home purchases. With the current housing shortage trend it can make it harder to become a homeowner, including in Doral, FL. This means higher than average down payments for homes and higher qualification standards for conventional home loans. With a rent-to-own property, tenants are also buyers. You can live in the house for a set amount of time before you purchase it, meaning that you get to know the house, your neighbors, and your community before making the final purchase. This enables you and your family to make the right choice based on both information and experience. Rent-to-own is also a great alternative way to get into a home if you have bad credit or don't have enough saved for a down payment.
More Doral, FL Property Resources
Rent to own Homes in Cities Near Doral, FL
- Bal Harbour
- Bay Harbor Islands
- Dania
- Doral
- El Portal
- Fisher Island
- Fort Lauderdale
- Fountainebleau
- Gladeview
- Glenvar Heights
- Golden Beach
- Golden Glades
- Goulds
- Hallandale
- Hallandale Beach
- Hialeah
- Hialeah Gardens
- Hollywood
- Homestead
- Homestead Base
- Indian Creek
- Islandia
- Ives Estates
- Kendall
- Kendall West
- Key Biscayne
- Leisure City
- Medley
- Miami
- Miami Beach
- Miami Springs
- Miramar
- Naranja
- North Bay Village
- North Miami
- Olympia Heights
- Pinecrest
- Richmond Heights
- Richmond West
- South Miami
- South Miami Heights
- Sunny Isles Beach
- Sunrise
- The Crossings
- University Park
- Westchester
- West Miami
- West Park
- Westview
- Westwood Lakes
Neighborhoods in Doral, FL
Doral Landings East rent to own homes Doral Isles rent to own homes Doral Resort and Country Club rent to own homes Miami International Business Park rent to own homesPopular Zip Codes in Doral, FL
33172 rent to own homes 33195 rent to own homes 33122 rent to own homesBuying a Home in Doral, FL
Doral, FL is seeing rapid growth and Doral, FL's' housing market remains not optimal with an average home price that is 90% above the 2024 national average. Doral, FL is part of Miami-Dade county and taxes are an important factor to consider when purchasing a home whether through rent to own or a traditional purchase. The average tax rate as of 2024 for county Miami-Dade is 1.02% which is above the national average, which is 0.99%.
Median Home Price in Doral, FL
Median Rent in Doral, FL
10 Reasons to Live in Doral
Golf. The city's claim to fame comes from its premiere resort, known now as Trump National Doral. Five championship courses vie for the players' attentions. Those who never set foot on the links can still enjoy the lavish guest rooms and soothing spa.
Desirable address. This suburban locale is more desirable than the big city. At least that's what Doral's higher median values of $289,700 would seem to show when compared to the median $187,100 of metropolitan Miami-Fort Lauderdale. Value covers all residential properties in the city, including those on the market, not for sale, or rent to own. Start your search near NW 116th Avenue or NW 112th Avenue.
Getting around. Aside from using your private car, you can easily travel from Doral on Miami-Dade Transit. For more detailed access within Doral itself, try the Doral Trolley, which runs six days a week.
Paying a better price. Doral's median list price of $360,000 ends up becoming a median sale price of $266,300. If you are looking for affordable rent to own houses, check out NW 17th Avenue and NW 74th Street.
Appreciating nature. Many parks help you enjoy the Florida sunshine. With 81 acres, JC Bermudez is the biggest and features a walking trail that's almost a mile long. It also has an exercise station, and picnic benches that can be rented. For sports, Morgan Levy Park excels with five tennis courts, four basketball courts, four soccer fields, two sand volleyball courts, and a 4.000-square-foot community center.
Condo kingdom. If you like the no-maintenance advantage of multi-family residences, then you'll love that 67% of Doral residences consist of condominiums. In addition, 43% of residents rent their abodes. These high percentages increase the chances that you'll find your perfect house among the many rent to own homes here. Look in areas like Vanderbilt Park and Medley.
Keeping up with trends. The Miami International Mall displays the latest trends through over 140 well-known retailers like the Disney Store and Coach. A complimentary shuttle makes it easy to go from select hotels to the mall. For fresh produce and seafood, baked goods, and locally-made pasta, head for the Doral Farmers' Market, which opens on Sundays.
Waiting for the drop. Rushing in to buy property means you can't take advantage of the 18% of listings that eventually get a price cut. Almost 38% of sales happen at below the list price. In metropolitan Miami-Fort Lauderdale, the cuts are at 25% and the sales are at 26% below list. Check out NW 58th Street and NW 114th Avenue for some great housing options.
Top-notch dining. What's considered good eating is subjective but many Doral restaurants can satisfy the pickiest appetites with international cuisines. Try the tempura cheesecake dessert at Maido, the broiled meat buffet at Los Parrilleros, or the pork specialties at La Esquina Del Lechon.