The story of this market
The typical home in ZIP 33149 sells for about $1,692,135, or $2,185 per square foot.
Prices are up +4.6% from a year ago, so sellers still have some momentum. Homes take about 71 days to sell, which is slow. HUD's fair market rent for a two-bedroom is $3,501 a month.
ZIP 33149 — Key Biscayne
The Key Biscayne housing market remains robust with high-value luxury transactions driving price appreciation. Data for specific metrics like active inventory and months of supply are not currently published at the ZIP level, reflecting the niche nature of this luxury market. Overall, the area continues to see strong demand for high-end residential properties.
This ZIP is ideal for affluent families, retirees, and luxury buyers seeking a secure, island-lifestyle community with proximity to Miami's urban core.
Median prices moved up 4.6% year over year.
Homes spend a median of 71 days on market with 0.0 months of supply — a balanced-paced market.
0% of listings have cut prices · homes sell at 0% of asking — demand is holding steady.
no recorded foreclosure-ledger notices (0.0 per 10,000 residents) · unemployment 2.8% · poverty 5.5% — a stable, low-distress profile.
versus the prior ACS vintage
ZCTA 33149, Miami-Dade County FL
The area is served by highly-rated public schools within the Miami-Dade County Public Schools system, including Key Biscayne K-8 Center.
The area faces significant coastal flood and wind risks due to its island geography, necessitating robust property insurance coverage.
Development is largely constrained by the island's geography, with momentum focused on luxury residential projects and high-end amenities.
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 primarily access the Miami mainland via the Rickenbacker Causeway, which serves as the sole transit corridor.
The area features extensive recreational amenities including Crandon Park, Bill Baggs Cape Florida State Park, and various golf and tennis facilities.
The rental market is characterized by high-end luxury condominiums with limited inventory and high demand.
The local economy is driven by high-end real estate, tourism, and proximity to the Miami financial and professional services hub.
Transportation is heavily reliant on the Rickenbacker Causeway; public transit options are limited to bus services connecting to the mainland.
Development is primarily limited to luxury residential renovations and boutique projects due to land scarcity.
The Miami-Dade County Property Appraiser manages assessments for all parcels within the county.
Parcels are subject to Miami-Dade County school and municipal tax districts.
Property insurance premiums are high due to the area's vulnerability to hurricanes and storm surges.
Data retrieved from data.census.gov ZCTA 33149 profile.
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 Island4.15.1 mi
- Paradox Museum Miami4.86.3 mi
- Christmas Wonderland - Miami3.510.1 mi
- Tidal Cove4.217.2 mi
- K1 Speed Miami4.413.8 mi
- Hard Rock Stadium4.617.6 mi
- Bayside Marketplace4.54.7 mi
- Kaseya Center4.75 mi
- Wynwood Walls4.76.5 mi
- LoanDepot Park4.55.8 mi
- Bayside Marketplace4.54.7 mi
- Wynwood Walls4.76.5 mi
- Vizcaya Museum & Gardens4.73.8 mi
- Bayfront Park4.74.6 mi
- Phillip & Patricia Frost Museum of Science4.45.2 mi
- Wynwood Walls4.76.5 mi
- Vizcaya Museum & Gardens4.73.8 mi
- Phillip & Patricia Frost Museum of Science4.45.2 mi
- MUSEUM OF ICE CREAM4.65.1 mi
- Pérez Art Museum Miami4.55.3 mi
- Wynwood Walls4.76.5 mi
- Bayfront Park4.74.6 mi
- Tropical Park4.710.3 mi
- South Pointe Park Pier4.83.9 mi
- Fairchild Tropical Botanic Garden4.87.5 mi
- Bayside Marketplace4.54.7 mi
- Black Point Park and Marina4.616 mi
- Miami Beach Marina4.74.2 mi
- Dinner Key Marina4.54.8 mi
- Venetian Marina & Yacht Club4.65.5 mi
- Normandy Shores Golf Course4.59.9 mi
- Riviera Country Club4.77.3 mi
- Miami Shores Country Club4.410.7 mi
- Puttery4.86.7 mi
- Deering Bay Yacht & Country Club4.79.8 mi
- Brickell City Centre4.74.2 mi
- Bayside Marketplace4.54.7 mi
- Dadeland Mall4.69.6 mi
- Bal Harbour Shops4.712.2 mi
- The Falls4.612.1 mi
- Miami International Airport3.99.4 mi
- Miami-Opa Locka Executive Airport4.615.1 mi
- Miami Executive Airport4.517.4 mi
- Ocean Reef Club4.328.7 mi
- Hialeah Executive Motel3.510.9 mi
Theme parks, venues, golf, airports, museums, water and shopping across the area from Google Maps, ranked by popularity within the radius shown.
Large public park with beach, tennis center, and nature center.
Features the historic Cape Florida Lighthouse and pristine beaches.
Key-figure check: median price corroborated by the published ten-year series (2025) (within 12.5%).