The story of this market
The typical home in ZIP 33190 sells for about $436,608, or $285 per square foot.
Prices are up +2.1% from a year ago, so sellers still have some momentum. Homes take about 111 days to sell, which is slow. HUD's fair market rent for a two-bedroom is $1,874 a month.
ZIP 33190 — Cutler Bay
The 33190 housing market is currently balanced, with prices showing modest year-over-year growth. High interest rates and affordability constraints are tempering demand, resulting in a stable median days-on-market figure. Renting remains a more cost-effective option than buying for many residents in this ZIP.
This ZIP is well-suited for family buyers and commuters seeking established suburban housing with access to Miami-Dade employment centers.
Median prices moved up 2.1% year over year.
Homes spend a median of 111 days on market with 5.2 months of supply — a slower-moving market.
10% of listings have cut prices · homes sell at 97.5% of asking — demand is running ahead of supply.
no recorded foreclosure-ledger notices (0.0 per 10,000 residents) · unemployment 3.6% · poverty 10.7% — 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 6.6%/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 6.6%/yr trend — a deterministic estimate, not a published forecast or guarantee.
versus the prior ACS vintage
net influx — more people moved in than out
ZCTA 33190, Miami-Dade County, FL
The area is subject to hurricane and flood risks typical of coastal South Florida, necessitating robust property insurance coverage.
Development is primarily infill-focused within the established Cutler Bay residential corridor, with proximity to major Miami-Dade employment hubs.
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 commute via US-1 and the Florida Turnpike toward the Miami employment core, with transit access provided by local bus routes.
The area features proximity to Black Point Park and Marina, local community parks, and shopping centers along the US-1 corridor.
The rental market is characterized by steady demand with a price-to-rent ratio of 13.8, indicating that renting is currently more cost-effective than buying.
The local economy is driven by the broader Miami-Dade service, retail, and healthcare sectors.
Served by major arterial roads including US-1 and the Florida Turnpike.
Infill residential development continues within the Cutler Bay municipal boundaries.
Miami-Dade County Property Appraiser manages assessments.
Parcels are subject to Miami-Dade County and Miami-Dade County Public Schools tax levies.
High-exposure area for wind and flood, leading to elevated insurance premiums.
Data retrieved from US Census Bureau 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 Island4.119 mi
- Paradox Museum Miami4.819.1 mi
- Christmas Wonderland - Miami3.512.4 mi
- Grapeland Water Park4.216.9 mi
- Sky Zone Trampoline Park4.218.7 mi
- Bayside Marketplace4.518.1 mi
- Kaseya Center4.718.3 mi
- Wynwood Walls4.719.1 mi
- LoanDepot Park4.517.2 mi
- Bayfront Park4.718 mi
- Zoo Miami4.55.5 mi
- Tropical Park4.712 mi
- Fairchild Tropical Botanic Garden4.89.4 mi
- Biscayne National Park4.710.2 mi
- Matheson Hammock Park & Marina4.510 mi
- Wynwood Walls4.719.1 mi
- Vizcaya Museum & Gardens4.715.4 mi
- Phillip & Patricia Frost Museum of Science4.418.5 mi
- MUSEUM OF ICE CREAM4.618.2 mi
- Pérez Art Museum Miami4.518.6 mi
- Zoo Miami4.55.5 mi
- Tropical Park4.712 mi
- Fairchild Tropical Botanic Garden4.89.4 mi
- Biscayne National Park4.710.2 mi
- Matheson Hammock Park & Marina4.510 mi
- Bayside Marketplace4.518.1 mi
- Black Point Park and Marina4.61 mi
- Ocean Reef Club4.316.9 mi
- Miami Beach Marina4.719.4 mi
- Dinner Key Marina4.513.6 mi
- Riviera Country Club4.712.7 mi
- Deering Bay Yacht & Country Club4.76.5 mi
- Miccosukee Golf & Country Club4.312 mi
- Palmetto Golf Course45.3 mi
- Killian Greens Golf Club3.58.4 mi
- Dadeland Mall4.69.6 mi
- The Falls4.66.4 mi
- Robert Is Here Fruit Stand4.612.7 mi
- Florida Keys Outlet Marketplace4.411 mi
- Southland Mall4.22.6 mi
- Miami International Airport3.916.9 mi
- Miami-Opa Locka Executive Airport4.625 mi
- Miami Executive Airport4.58.9 mi
- Ocean Reef Club4.316.9 mi
- Hialeah Executive Motel3.519.1 mi
Theme parks, venues, golf, airports, museums, water and shopping across the area from Google Maps, ranked by popularity within the radius shown.
Major waterfront recreational area with boat slips and trails.
Key-figure check: median price corroborated by the prior refresh cycle (within 12.5%).