The story of this market
The typical home in ZIP 33134 sells for about $649,570, or $525 per square foot.
Prices are up +2.3% from a year ago, so sellers still have some momentum. Homes take about 116 days to sell, which is slow. HUD's fair market rent for a two-bedroom is $2,900 a month.
This ZIP has no home sales of its own, so its market figures come from Miami, Florida (city-level). Population, rents, hazards, lending and amenities are this ZIP's own readings.
ZIP 33134 — Miami
The 33134 housing market is currently balanced, with a median sale price of $1,295,000 reflecting a premium, high-demand area. While year-over-year prices have seen a slight decline, the market remains stable with moderate inventory levels and consistent buyer interest. The area's appeal is driven by its central location and proximity to major employment hubs in Miami.
This ZIP is ideal for professionals and families seeking proximity to the urban core of Coral Gables and Miami, offering a blend of historic charm and modern amenities.
Median prices moved up 2.3% year over year.
Homes spend a median of 116 days on market with 8.5 months of supply — a slower-moving market.
25% of listings have cut prices · homes sell at 94.9% of asking — demand is holding steady.
no recorded foreclosure-ledger notices (0.0 per 10,000 residents) · unemployment 2.7% · poverty 8.7% — 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 12.0%/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 12.0%/yr trend — a deterministic estimate, not a published forecast or guarantee.
versus the prior ACS vintage
ZCTA 33134, Miami-Dade County FL
Crime rates in the area are generally consistent with urban Miami-Dade trends, with property crime being the primary concern; residents are advised to utilize standard urban safety precautions.
The area is served by Miami-Dade County Public Schools, which features a mix of highly-rated magnet programs and standard neighborhood schools.
The region faces significant exposure to hurricane-force winds and potential flooding, necessitating robust property insurance coverage and adherence to strict building codes.
Economic momentum is driven by proximity to the Coral Gables business district and the University of Miami, with ongoing mixed-use redevelopment projects along major corridors like Ponce de Leon Boulevard.
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 benefit from proximity to the Metrorail and major thoroughfares like US-1 and Le Jeune Road, providing direct access to Downtown Miami and the airport.
The area features access to the historic Venetian Pool, numerous neighborhood parks, and the upscale shopping and dining districts of Miracle Mile and Merrick Park.
The rental market remains robust with high demand for multi-family units, though vacancy pressure has stabilized as new inventory enters the market.
The economy is anchored by the University of Miami, healthcare systems, and the corporate headquarters located in the Coral Gables business district.
The area is well-served by the Miami-Dade Transit system, including Metrorail stations and extensive bus routes connecting to the broader metro area.
Development is focused on densification along the Ponce de Leon and Le Jeune corridors, with several mixed-use projects currently in the approval pipeline.
The Miami-Dade County Property Appraiser manages assessments, with annual adjustments based on market value and state-mandated caps.
Parcels are subject to Miami-Dade County school and municipal taxes, along with specific assessments for water and sewer services.
Property insurance premiums are high due to windstorm risk, with many properties requiring specialized coverage.
Data retrieved from data.census.gov ZCTA 33134 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 Island4.16.4 mi
- Paradox Museum Miami4.85.6 mi
- C.B. Smith Park4.618.2 mi
- Christmas Wonderland - Miami3.53.5 mi
- Tidal Cove4.216.4 mi
- Hard Rock Stadium4.614.1 mi
- Bayside Marketplace4.55.6 mi
- Kaseya Center4.75.6 mi
- Wynwood Walls4.75.5 mi
- LoanDepot Park4.53.6 mi
- Bayside Marketplace4.55.6 mi
- Wynwood Walls4.75.5 mi
- Zoo Miami4.512.8 mi
- Vizcaya Museum & Gardens4.73.9 mi
- Bayfront Park4.75.5 mi
- Wynwood Walls4.75.5 mi
- Vizcaya Museum & Gardens4.73.9 mi
- Phillip & Patricia Frost Museum of Science4.45.6 mi
- MUSEUM OF ICE CREAM4.65.3 mi
- Pérez Art Museum Miami4.55.7 mi
- Wynwood Walls4.75.5 mi
- Zoo Miami4.512.8 mi
- Bayfront Park4.75.5 mi
- Tropical Park4.73.9 mi
- South Pointe Park Pier4.88.9 mi
- Bayside Marketplace4.55.6 mi
- Black Point Park and Marina4.615.4 mi
- Miami Beach Marina4.78.3 mi
- Dinner Key Marina4.53 mi
- Venetian Marina & Yacht Club4.65.9 mi
- Topgolf Miami Gardens4.312.8 mi
- Topgolf Miami - Doral4.27.7 mi
- Normandy Shores Golf Course4.510.5 mi
- Riviera Country Club4.72 mi
- Miami Shores Country Club4.49.8 mi
- Dolphin Mall4.67.1 mi
- Brickell City Centre4.75 mi
- Bayside Marketplace4.55.6 mi
- Dadeland Mall4.65.2 mi
- Miami International Mall4.56.2 mi
- Miami International Airport3.92.6 mi
- Miami-Opa Locka Executive Airport4.610.6 mi
- Miami Executive Airport4.512.3 mi
- Ocean Reef Club4.330.6 mi
- Banyan Air Service4.730.9 mi
Theme parks, venues, golf, airports, museums, water and shopping across the area ranked by popularity within the radius shown.
A historic public swimming pool carved from a coral rock quarry.
A central hub for dining, shopping, and entertainment in Coral Gables.
An upscale open-air shopping and dining destination.
No county-record distress flags across 1 researched property on the ARED base layer. Key-figure check: median price diverges 117.6% from the nearest retained anchor (researched-property base layer) — beyond the 12.5% tolerance; an automated validation case is open and the value publishes pending its verdict. Validation: the flagged $1,295,000 could not be independently corroborated and was removed pending review (no prior-cycle value to revert to); the case is under review in the Command Center.