Zip 33140 (Miami Beach, FL) Housing

The housing market in 33140 Miami Beach, FL is booming. The median value of a house in this area is $717,000, which is significantly higher than the US median value of $338,100. Furthermore, the one year house appreciation rate for this area is 22.93%, which is much higher than the US average of 8.27%. This shows that there is an increasing demand for houses in 33140 Miami Beach, FL and that it has become a desirable place to live.

The median home cost in Miami Beach (zip 33140) is $717,000. Home appreciation the last 10 years has been 179.0%. Home Appreciation in Miami Beach (zip 33140) is up 25.1%.

Average Age of Homes

- The median age of Miami Beach (zip 33140) real estate is 50 years old

The Rental Market in Miami Beach (zip 33140)

- Renters make up 26.3% of the Miami Beach (zip 33140) population
- 2.5% of houses and apartments in Miami Beach (zip 33140), 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.

Median Monthly Rent by Number of Bedrooms

Housing by Year Built

Housing	Miami Beach, Florida	United States
	16,718.0	139,647,020.0
	54	42
	$717,000	$338,100
	25.1%	16.6%
	73.5%	57.0%
	179.0%	101.1%
	$9.19	$10.98
	$6,342	$2,690
	28.9%	57.4%
	47.9%	11.2%
	23.1%	31.4%
Vacant Housing
	2.5%	1.9%
	0.4%	0.4%
	1.6%	0.7%
	0.9%	0.4%
	35.1%	3.6%
	7.5%	4.1%
Value of Owner-Occupied Housing
	0.9%	2.6%
	0.0%	2.4%
	1.0%	2.8%
	1.4%	3.9%
	0.2%	4.5%
	0.1%	11.3%
	3.0%	13.0%
	4.3%	20.1%
	16.6%	13.6%
	12.2%	8.3%
	13.4%	9.7%
	7.5%	3.9%
	14.3%	2.2%
	9.3%	0.8%
	15.7%	1.1%
Housing Units by Year Structure Built
	0.4%	0.2%
	10.9%	13.6%
	10.9%	13.6%
	4.2%	13.6%
	9.8%	13.2%
	13.7%	14.8%
	4.2%	13.6%
	10.3%	10.0%
	6.2%	4.7%
	9.3%	12.2%

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