Housing in 33109 Miami Beach, FL is significantly higher than the median value of US housing. The median value of housing in 33109 Miami Beach, FL is $3,352,400, compared to the US median value of $338,100. Additionally, over a one year period the appreciation rate for housing in 33109 Miami Beach is much higher than the United States at 22.93% as opposed to 8.27%. This indicates that investing in a home or property in 33109 Miami Beach could be quite lucrative and a great long-term investment.
The median home cost in Miami Beach (zip 33109) is $3,352,400. Home appreciation the last 10 years has been 179.0%. Home Appreciation in Miami Beach (zip 33109) is up 25.1%.
Average Age of Homes
- The median age of Miami Beach (zip 33109) real estate is 24 years old
The Rental Market in Miami Beach (zip 33109)
- Renters make up 3.8% of the Miami Beach (zip 33109) population
- 0.0% of houses and apartments in Miami Beach (zip 33109), are available to rent
DID YOU KNOW
Buying a home is the biggest single purchase most people make during their lives. The second largest is most often an automobile.