The story of this market
The typical home in ZIP 33141 sells for about $550,000, or $405 per square foot.
Prices are roughly flat from a year ago (-0.9%), a market in balance. Homes take about 108 days to sell, which is slow. HUD's fair market rent for a two-bedroom is $1,831 a month.
ZIP 33141 — Miami Beach
The 33141 housing market is currently experiencing a period of price stabilization with low sales volume. High insurance costs and affordability constraints are tempering buyer demand, leading to a market that favors negotiation. The area remains a high-demand coastal location, but current economic conditions have slowed the rapid appreciation seen in previous years.
This ZIP code is well-suited for investors seeking rental yield, affluent downsizers, and professionals who work in the Miami hospitality or tourism sectors. It is less ideal for families seeking large-lot suburban environments.
Median prices moved down 0.9% year over year.
Homes spend a median of 108 days on market with 3.4 months of supply — a balanced-paced market.
16% of listings have cut prices · homes sell at 93% of asking — demand is holding steady.
no recorded foreclosure-ledger notices (0.0 per 10,000 residents) · unemployment 5.2% · poverty 13.5% — a stable, low-distress profile.
Researched annual trajectory for this ZIP, from published historical series
Solid: researched ten-year history · dotted: 1 / 3 / 5-year projection extended from the historical 3.7%/yr trend — a deterministic estimate, not a published forecast or guarantee.
versus the prior ACS vintage
ZCTA 33141, Miami-Dade County, FL
Crime rates in the Miami Beach area are generally higher than the national average, with property crime being the most frequently reported issue. Local law enforcement maintains a high presence due to the area's status as a major tourist destination.
Schools serving the 33141 area are part of the Miami-Dade County Public Schools district, which offers a mix of magnet and traditional public school options. Performance ratings vary significantly across individual campuses.
The area faces significant exposure to hurricane-force winds and storm surge flooding due to its coastal location. Property insurance premiums in this ZIP code are among the highest in the nation due to these climate-related risks.
Economic momentum is driven by the tourism, hospitality, and luxury real estate sectors. Development is largely focused on high-density residential infill and the renovation of existing coastal properties.
Composed from the ARED governance burden registry — tier-native tax structure (state + county + city + special districts), never averaged. State (Florida) — Statewide Uniform Property Tax Lien Priority & Tax Deed Sale Enforcement: Unpaid real ad valorem and non-ad valorem taxes become a first-priority sovereign lien on January 1 of the tax year, superior to all mortgages and private liens. If unpaid by April 1 following the tax year, tax certificates are sold via competitive bidding under § 197.432. State (Florida) — Community Development District (CDD) Special Assessment & Financing Lien Mandate: Binds the parcel to non-ad valorem assessments levied directly by the CDD board to fund infrastructure bonds (capital assessments) and operations/maintenance (O&M assessments). State (Florida) — Florida Constitutional Homestead Exemption & Save Our Homes (SOH) Assessment Cap: Reduces taxable value by up to $50,000: base $25,000 exemption applies to all taxing authorities (including school districts); second $25,000 exemption applies to assessed value between $50,000 and $75,000 for non-school millage. State (Florida) — Florida Ad Valorem Real Property Assessment & Tax Mechanics: Parcels are assessed annually at 100% just value (market value) as of January 1 by county property appraisers. Tax formula: Tax Bill = (Taxable Value / 1,000) * Total Levied Millage Rate. Assessed Value = Just Value - Assessment Limitations.
Commuters typically rely on the Julia Tuttle Causeway for access to mainland Miami and the downtown employment core. Traffic congestion is heavy during peak hours, and public transit options are limited to bus routes.
The area features extensive waterfront access, including Normandy Isle Park and various marinas. Residents have proximity to North Beach shopping districts and several golf courses located on the barrier islands.
The rental market is highly active with a significant presence of short-term vacation rentals. Vacancy pressure remains low due to high demand for coastal living, though rent growth has stabilized recently.
The local economy is anchored by the tourism and hospitality industries of Miami Beach. Major employers include the City of Miami Beach and various luxury hotel and resort operators.
The area is served by major arterial roads including Collins Avenue and the Julia Tuttle Causeway. Public transportation is primarily provided by the Miami-Dade Transit bus system.
Development is primarily focused on the redevelopment of older multi-family residential buildings and mixed-use projects along the main corridors. Large-scale infrastructure projects are currently focused on flood mitigation and sea-level rise adaptation.
The Miami-Dade County Property Appraiser is responsible for the assessment of all real property within the county. Assessments are conducted annually based on market data and property characteristics.
Parcels in this ZIP are subject to Miami-Dade County taxes, Miami Beach municipal taxes, and the Miami-Dade County Public Schools district levy.
The property insurance market is characterized by high premiums and limited carrier availability due to significant hurricane and flood risk. Many property owners rely on the state-backed insurer of last resort, Citizens Property Insurance.
Data retrieved from data.census.gov ZCTA-level tables.
Public schools whose reported address is in this area (NCES). Not attendance boundaries — schools that serve residents may sit outside it. Check the district's address locator for assignment.
- Jungle Island4.14.9 mi
- Paradox Museum Miami4.84.7 mi
- C.B. Smith Park4.615.3 mi
- Dave & Buster's Hollywood4.112.9 mi
- Tidal Cove4.27.5 mi
- Hard Rock Stadium4.69.1 mi
- Bayside Marketplace4.55.7 mi
- Kaseya Center4.75.5 mi
- Wynwood Walls4.74.8 mi
- LoanDepot Park4.56.8 mi
- Bayside Marketplace4.55.7 mi
- Wynwood Walls4.74.8 mi
- Vizcaya Museum & Gardens4.78.5 mi
- Bayfront Park4.75.9 mi
- Phillip & Patricia Frost Museum of Science4.45.3 mi
- Wynwood Walls4.74.8 mi
- Vizcaya Museum & Gardens4.78.5 mi
- Phillip & Patricia Frost Museum of Science4.45.3 mi
- MUSEUM OF ICE CREAM4.65.6 mi
- Pérez Art Museum Miami4.55.2 mi
- Wynwood Walls4.74.8 mi
- Bayfront Park4.75.9 mi
- South Pointe Park Pier4.86.3 mi
- Haulover Nude Beach4.84.8 mi
- South Pointe Park4.86.1 mi
- Bayside Marketplace4.55.7 mi
- Miami Beach Marina4.75.7 mi
- Venetian Marina & Yacht Club4.64.9 mi
- Island Gardens Marina4.65.1 mi
- Mykonos Kitchen and Bar4.55.4 mi
- Topgolf Miami Gardens4.36.7 mi
- Normandy Shores Golf Course4.50.3 mi
- Miami Shores Country Club4.42 mi
- Riviera Country Club4.711.7 mi
- Puttery4.84.7 mi
- Aventura Mall4.67.2 mi
- Brickell City Centre4.76.6 mi
- Bayside Marketplace4.55.7 mi
- Bal Harbour Shops4.72.8 mi
- Westland Mall4.410.6 mi
- Miami International Airport3.99.3 mi
- Miami-Opa Locka Executive Airport4.68.4 mi
- Fort Lauderdale Executive Airport4.524 mi
- Miami Executive Airport4.522.5 mi
- Banyan Air Service4.723.6 mi
Theme parks, venues, golf, airports, museums, water and shopping across the area from Google Maps, ranked by popularity within the radius shown.
Features athletic fields and community facilities serving the local neighborhood.
Provides public access to the Atlantic Ocean and recreational beachfront space.
Key-figure check: median price diverges 22.0% from the nearest retained anchor (published ten-year series (2026)) — beyond the 12.5% tolerance; an automated validation case is open and the value publishes pending its verdict. Research outlier held out — this pass returned a median of $429,204 (22.0% off the retained reading), contradicting every independent anchor; the prior reading stands pending corroboration. Validation: the flagged $429,204 (-22% vs the published ten-year series (2026)) failed independent re-validation and was reverted to the prior cycle value; the case is under review in the Command Center.