The story of this market
The typical home in ZIP 33160 sells for about $440,000, or $383 per square foot.
Prices are down 32.3% from a year ago, which gives buyers more room to negotiate. Homes take about 108 days to sell, which is slow. HUD's fair market rent for a two-bedroom is $2,064 a month.
ZIP 33160 — Sunny Isles Beach
The 33160 housing market is currently experiencing a significant correction, with median prices falling over 30% year-over-year and inventory levels rising. High days on market and a soft momentum score suggest that buyers have substantial leverage, likely driven by high insurance costs and a cooling luxury condo sector. Note that some specific metrics like active inventory and months of supply are derived from local market reports rather than official census aggregates.
This ZIP is well-suited for luxury-oriented downsizers, seasonal residents, and investors seeking high-density coastal living with proximity to major retail and beach amenities.
Median prices moved down 32.3% year over year.
Homes spend a median of 108 days on market with 7.8 months of supply — a slower-moving market.
11% of listings have cut prices · homes sell at 89% of asking — demand is holding steady.
no recorded foreclosure-ledger notices (0.0 per 10,000 residents) · unemployment 4.3% · poverty 13.9% — 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 1.5%/yr trend — a deterministic estimate, not a published forecast or guarantee.
Median annual property tax paid on this ZIP's residential parcels
Solid: researched ten-year history · dotted: 1 / 3 / 5-year projection extended from the historical 1.2%/yr trend — a deterministic estimate, not a published forecast or guarantee.
versus the prior ACS vintage
ZCTA 33160, Miami-Dade County FL
The area faces significant coastal flood and wind exposure risks typical of the South Florida barrier island and coastal geography.
Development is characterized by high-density luxury residential projects along the Atlantic coast and Intracoastal Waterway, with ongoing infrastructure maintenance to support high-traffic corridors.
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.
Residents primarily rely on personal vehicles for commutes along the A1A and Biscayne Boulevard corridors toward employment hubs in Aventura, North Miami Beach, and downtown Miami.
The area features extensive access to Atlantic beaches, Intracoastal boating facilities, and proximity to major shopping destinations like Aventura Mall.
The rental market is characterized by high-density condominium inventory with significant seasonal and investor-driven turnover.
The local economy is heavily driven by tourism, hospitality, and high-end real estate services, with significant employment spillover from the nearby Aventura business district.
The area is served by major north-south arterial roads including Collins Avenue and Biscayne Boulevard, with limited public transit connectivity compared to the urban core.
Development is focused on high-density residential intensification along the coastal strip.
Parcels are subject to Miami-Dade County municipal services and various special taxing districts for infrastructure and public safety.
Property insurance premiums are high and rising due to significant hurricane and flood risk exposure in this coastal ZIP.
Data retrieved from data.census.gov ZCTA 33160 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 Island4.110.5 mi
- Xtreme Action Park4.617.8 mi
- Paradox Museum Miami4.810 mi
- C.B. Smith Park4.612.4 mi
- Dave & Buster's Hollywood4.17.4 mi
- Hard Rock Stadium4.66.5 mi
- Bayside Marketplace4.511.3 mi
- Kaseya Center4.711 mi
- Wynwood Walls4.710 mi
- LoanDepot Park4.512 mi
- Bayside Marketplace4.511.3 mi
- Wynwood Walls4.710 mi
- Bayfront Park4.711.4 mi
- Phillip & Patricia Frost Museum of Science4.410.8 mi
- Hollywood Beach Broadwalk4.75.4 mi
- Wynwood Walls4.710 mi
- Vizcaya Museum & Gardens4.713.9 mi
- Phillip & Patricia Frost Museum of Science4.410.8 mi
- MUSEUM OF ICE CREAM4.611.1 mi
- Pérez Art Museum Miami4.510.7 mi
- Wynwood Walls4.710 mi
- Bayfront Park4.711.4 mi
- South Pointe Park Pier4.811.8 mi
- Haulover Nude Beach4.81.5 mi
- South Pointe Park4.811.6 mi
- Mykonos Kitchen and Bar4.50.7 mi
- Haulover Marine Center4.51.4 mi
- Marina Palms Yacht Club - Marina4.60.7 mi
- Pelican Harbor Marina4.56.2 mi
- Bill Bird Marina4.62.1 mi
- Topgolf Miami Gardens4.34.5 mi
- Normandy Shores Golf Course4.55.4 mi
- Miami Shores Country Club4.45.2 mi
- The Club At Emerald Hills48 mi
- Puttery4.89.9 mi
- Aventura Mall4.61.6 mi
- Brickell City Centre4.712.1 mi
- Bayside Marketplace4.511.3 mi
- Bal Harbour Shops4.73.3 mi
- Pembroke Lakes Mall4.511.6 mi
- Miami International Airport3.913.3 mi
- Miami-Opa Locka Executive Airport4.68.3 mi
- Fort Lauderdale Executive Airport4.518.5 mi
- Miami Executive Airport4.526.8 mi
- Banyan Air Service4.718 mi
Theme parks, venues, golf, airports, museums, water and shopping across the area from Google Maps, ranked by popularity within the radius shown.
Public access points along the Atlantic coastline.
Major regional shopping center located just outside the ZIP boundary.
Key-figure check: median price corroborated by the published ten-year series (2025) (within 12.5%).