Miami Beach, FL 33139 Real Estate Market Report

ZIP Code: 33139
Report Date: April 2026
Market Temperature: NEUTRAL
Scope: Single-Family Residential (SFR) listings and comps only

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Executive Overview

The median sold price in Miami Beach, FL (ZIP: 33139) is currently $3,395,000, reflecting a stable market environment. This price point indicates a recovery phase, as the market has shown signs of slight appreciation after a previous correction. The neighborhood has increased 15% since 2023, underscoring a positive trajectory in property values despite the challenges of elevated inventory levels.

Market activity is characterized by 416 days on market, suggesting slower sales velocity and a buyer's advantage in negotiations. Elevated inventory relative to sales activity may indicate a period of adjustment as sellers align their expectations with current market realities. While the market temperature remains neutral, the robust local economy and strong rental demand provide a supportive backdrop for continued interest in the area.

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Market Overview

This analysis is based on a sample of properties from this ZIP code (up to 200 sold properties and up to 100 active properties). The median prices below are calculated from all available properties in the sample, while trend analysis uses properties from the selected analysis window.

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Market Metrics

Note: The property counts shown above represent only the properties analyzed in this report sample, not the total inventory for this ZIP code. Median prices are calculated from all available properties in the sample, while trend analysis uses properties from the selected analysis window.

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Rental Market

Note: The relationship between property values and rental rates reflects different market dynamics. Higher-priced properties may have lower rental yields due to factors such as luxury market positioning, owner-occupancy preferences, or long-term appreciation strategies rather than immediate rental income maximization.

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Property Taxes

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Liquidity & Velocity

Note: A Sale-to-List Ratio near 100% can occur when properties sell at or near their final listing price after price adjustments during the listing period, even when initial listing prices differ significantly from sale prices.

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Market Trends & Context

Understanding Market Temperature

A Neutral market indicates balanced conditions where neither buyers nor sellers have a strong advantage, typically characterized by flat price trends, extended but stable days on market, and moderate inventory relative to sales.

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Key Findings

1. The median listing price stands at $10,900,000, indicating a significant gap between seller expectations and actual transaction values.

2. With 416 days on market, properties are experiencing slower sales velocity, which may suggest pricing friction in the current market.

3. The median market rent is $4,490, reflecting a strong rental demand that supports overall market stability.

4. The market temperature is classified as neutral, indicating balanced conditions between buyers and sellers, with no clear advantage for either side.

5. Interest rate pressure is described as moderate, which may influence buyer sentiment and overall market dynamics.

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Notable Properties

The following 8 properties represent notable market examples and recent transactions that illustrate key market dynamics. These are illustrative examples selected for their significance (top sales, market benchmarks, quick sales) and are not the basis for the statistical calculations shown above.