HousingHandbookReference data

U.S. ZIP Code · FL33128

Miami-Dade County · Miami-Fort Lauderdale-West Palm Beach, FL

Typical home value

$440,768[1]

Zillow Home Value Index, as of April 2026

Appreciation

1-year
-7.5%
5-year / yr
+5.6%
10-year / yr
+5.5%

Relative price

vs U.S.
+55.2%
vs metro
-11.0%
vs state
+27.1%
ZIP 33128 location in FL
Location of ZIP 33128 in FL

Price history

Zillow Home Value Index — monthly, smoothed and seasonally adjusted.

The typical home in 33128 is worth $440,768 — 11.0% below the Miami-Fort Lauderdale-West Palm Beach, FL median. Over the past year, values have fallen 7.5%. Homes here rent for a typical $2,809 a month — a 7.6% gross rental yield.

#Rent & investment

Typical asking rent, and the returns it implies at the current home value.

Monthly rent
$2,809[2]
Gross yield
7.6%[2]
Cap rate
4.6%[2]

#Property tax

Effective rate — total real estate taxes paid relative to total home value.

Effective tax rate
[3]
Typical annual tax
[3]

#Climate risk

FEMA National Risk Index ratings for Miami-Dade County. "Not Applicable" means the hazard does not threaten the county.

Overall risk
Very High[4]
Riverine flood
Very High
Coastal flood
Very High
Wildfire
Relatively Moderate
Drought
Relatively Moderate
Heat wave
Relatively High
Hurricane
Very High
Tornado
Relatively High
Earthquake
Relatively Low
Winter weather
No Rating

#Who lives here

Population
9,475[3]
Median household income
$42,722[3]

#Migration

Household moves in and out of Miami-Dade County over a year, from IRS tax-return data.

Net migration
-21,399[5]
Moved in
43,906
Moved out
65,305

Schools

Open public schools in this ZIP, from the NCES Common Core of Data.

Public schools
2
Elementary
1
Middle
0
High
1
  • DOWNTOWN MIAMI CHARTER SCHOOL

    Elementary · Grades K–5 · MIAMI-DADE

    423 students

  • LAW ENFORCEMENT OFFICERS MEMORIAL HIGH SCHOOL

    High · Grades 9–12 · MIAMI-DADE

    299 students

Run the numbers

Interactive calculators pre-filled with this ZIP's typical home value, rent, and property-tax rate. Edit any field to recompute.

Gross yield7.6%
Net yield (after ~40% expenses)4.6%
Annual rent$33,711

Gross and net yield are estimates based on the inputs and the selected expense ratio. Actual income and expenses will vary by property and market. Not investment advice.

Monthly payment$2,229
Loan principal$352,615
Down payment$88,154
Total interest paid$449,741

Estimated monthly payments include principal and interest only. Actual costs will include property tax, insurance, possibly PMI, and HOA fees not modeled here. Loan terms shown are estimates; consult a licensed lender for current rates and qualification.

Own : rent ratio1.08
Monthly cost to own$3,037
Monthly rent$2,809

Owning and renting are roughly even.

This calculator projects multi-year scenarios based on assumptions about appreciation, rent growth, and investment returns — none of which are guaranteed. Actual outcomes depend on variables this tool cannot know. Not financial or real estate advice.

#Metro ranking

Where this ZIP sits among others in its metro area.

Appreciation
24th percentile[1]
Rental yield
77th percentile[2]
Property tax
[3]

Frequently asked

How much is a home worth in ZIP code 33128?
The typical home in 33128 is worth $440,768, based on the Zillow Home Value Index.
Are home values rising in 33128?
Home values in 33128 are down 7.5% over the past year, and up 5.6% a year over five years.
What is the typical rent in 33128?
A typical home in 33128 rents for about $2,809 a month, a gross rental yield of 7.6%.
Who lives in 33128?
ZIP code 33128 has a population of 9,475 and a median household income of $42,722.

#Comparable ZIPs

Same metro, nearest typical home value. Each card shows the comparable ZIP's headline numbers so you can scan at a glance.

  • West Palm Beach, FL

    Typical home
    $440,761
    Gross yield
    7.4%
  • Miami Lakes, FL

    Typical home
    $441,136
    Gross yield
    6.6%
  • Westchester CDP, FL

    Typical home
    $443,497
    Gross yield
    7.0%
  • West Little River CDP, FL

    Typical home
    $437,440
    Gross yield
    7.0%
  • Kendall West CDP, FL

    Typical home
    $444,388
    Gross yield
    6.7%
  • Oakland Park, FL

    Typical home
    $436,693
    Gross yield
    6.0%

Want similar ZIPs from outside this metro? Browse nationally similar ZIPs →

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Pit ZIP 33128 against any other ZIP — full side-by-side table.

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