Miami Beach, FL 33141 Real Estate Market Report

ZIP Code: 33141
Report Date: April 2026
Market Temperature: NEUTRAL
Scope: Single-Family Residential (SFR) listings and comps only

---

Executive Overview

As of April 2026, the real estate market in Miami Beach, FL (ZIP: 33141) is characterized by a median sold price of $1,785,000, reflecting a stable market environment. The neighborhood has increased 15% since 2023, indicating a positive trend in property values. Despite this appreciation, the market is experiencing elevated inventory levels, suggesting a balance that leans slightly towards buyers. The median days on market stands at 355, indicating a slower sales velocity, which may suggest that properties are taking longer to sell compared to previous periods.

The median listing price is significantly higher at $3,720,000, creating a notable pricing gap that may reflect seller expectations versus actual market conditions. This discrepancy, combined with a median price per square foot of $739.02, underscores the potential for pricing friction as buyers navigate the current landscape. Overall, while rental demand remains strong with a median market rent of $2,920, the market temperature is described as neutral, indicating a balanced environment with moderate transaction volume and liquidity.

---

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.

---

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.

---

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.

---

Property Taxes

---

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.

---

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.

---

Key Findings

1. The median sold price of $1,785,000 reflects a strong market trend with a 15% increase since 2023, indicating positive appreciation.

2. With a median days on market of 355, the market is experiencing slower sales velocity, suggesting potential challenges in liquidity.

3. The median listing price of $3,720,000 creates a significant gap compared to the sold price, indicating possible pricing friction in negotiations.

4. Elevated inventory levels suggest excess supply relative to sales activity, which may impact future pricing strategies.

5. The median market rent of $2,920 remains robust, supporting strong rental demand in the area despite ongoing uncertainties.

---

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.